Location: Southeastern Massachusetts (40 min South of Boston)
Tenant: NYNEX
Property: Office and Vehicle Facility located on 211,660 sf of land
Lease:
Term: Leased to 3/31/2003
Options: None
Annual Rent: From 4/1/97: $155,000, Till 4/1/97: $138,400
Owner responsibilities: Roof, structure.
NOI as of 4/1/97 (before capital allowance) $155,000
Cap Rate: 10.33% Price: $1,500,000
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