High Leverage Net Lease Package




  • Excellent locations in Georgia, Texas and Tennessee
  • Eckerd Drug – Excellent Credit
  • 20 year “absolute net leased (no landlord responsibilities)
  • Price: $8,074,887. Only $645,991 down required.
  • 92% non-recourse, assumable financing
  • These properties are ideal 1031 exchange replacement properties.
  • Provides significant debt relief solution.
  • Zero deal. All cash flow used to pay debt.
  • All due diligence documents current. Ready for immediate closing.
Financial Summary
  Square
Footage
Lease
Term
Package
Sales Price
Equity
Mortgage
Balance
Amort
Period
Loan
Term
Fixed
Rate
Annual
Income
Georgia 10,908 06/02/2018     $2,160,508 25  05/15/2023  7.28%  $191,836
Texas 13,050 04/02/2018     $2,885,400 25  03/15/2023  7.05%  $253,061
Tennessee 10,908 12/05/2017     $2,382,988 25  11/30/2022  7.06%  $211,900
                   
Totals      $8,074,887  $645,991  $7,428,896        $656,797

For further information please contact:
John M. Peckham III
Four Longfellow Place, Suite 2003
Boston, MA 02114
Phone: 617-523-4440
Fax: 617-523-4736
Email: bostonjack@earthlink.net

This information has been received from sources deemed reliable but is presented subject to errors and omissions and withdrawal without notice.


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