Commercial Real Estate Properties and links to other Commercial
Real Estate Properties

Commercial Real Estate Properties
and links to other
Commercial Real Estate Properties

Did you know...
Commercial Real Estate Properties found on our site are the best in the country

Commercial Real Estate Properties and links to other
Commercial Real Estate Properties


Commercial Real Estate Properties and links to other
Commercial Real Estate Properties
Illinois
Commercial Real Estate Properties Property #pnnns 17:21:55

Commercial Real Estate Properties Tenant:     Circuit City

Tenant Industry Type:       Retail

State Located:       Illinois

Size of Building:       1,078,450 Square Foot Building. Ceiling height of 28 feet at the eaves and 35 feet in the middle of the building. Office Component is 11,000 sw. ft.. Concrete tilt-up construction. 103 dock doors.

Land Area:       50.553 Acres

Lease Term:       20-Year Primary Lease term.

Options:       There are 2 Options Renewal Periods. Each option is for 10 years.

Lease Type:       NNN - ABSOLUTE TRIPLE NET with NO Landlord responsibilities to the buyer. Tenant is responsible for ALL expenses, including property taxes, maintenance, repairs, all insurance, roof and structure, and all other costs.

Rent Commencement Date:       October 15, 2001

Annual Rental Income (NOI):       From years 1 through year 20 $2,827,500

Rental Increases:       10% each option period

Price:       $31,416,667

Capitalization Rate (CAP):       9.00%

Lease Guarantor (Primary Signatory):       Circuit City

Terms of Sale:       Cash at Closing

Remarks:      Circuit City, the #2 U.S. Electronics retailer, has about 630 stores across the U.S. For the year ended 2000, the company had $12.6 billion in sales and 198 million in net income.

For further information on this Commercial Real Estate Properties property, you may want to Bookmark and Print this
page then Commercial Real
Estate Properties and links to other Commercial Real Estate Properties to our Buyer page and let us know of your interest in this offering.

Commercial Real Estate Properties and links to other
Commercial Real Estate Properties

 Home Page Commercial Real Estate Properties | Contact Us About Commercial Real Estate Properties | Commercial Real Estate Properties Featured | Commercial Real Estate Properties Portfolio | Commercial Real Estate Properties Office Buildings | Commercial Real Estate Properties NNN Retail | Commercial Real Estate Properties Drug Stores | Commercial Real Estate Properties Grocery | Commercial Real Estate Properties Automotive | Commercial Real Estate Properties Restaurant | Commercial Real Estate Properties Alternative Cash Flow Investments | Commercial Real Estate Properties Medical | Commercial Real Estate Properties Ground Lease Properties | Commercial Real Estate Properties Shopping Centers | Commercial Real Estate Properties Apartment Buildings | Commercial Real Estate Properties Industrial | Commercial Real Estate Properties Banks | Single Tenant Listings - Other
>

Commercial Real Estate Properties and links to other
Commercial Real Estate Properties

The Commercial Real Estate Properties contained herein have been obtained from Commercial Real Estate Properties sources believed to be reliable. While we do not doubt the accuracy of these Commercial Real Estate Properties, we have not verified it and make no guarantee, warranty or representation about the accuracy or completeness of the Commercial Real Estate Properties information. As a Commercial Real Estate Properties buyer, it is your responsibility to independently confirm the accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the Commercial Real Estate Properties. The value of these Commercial Real Estate Properties to you depend on factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of these Commercial Real Estate Properties to determine to your satisfaction the suitability of the property for your needs. By requesting further information, you agree to indemnify Quality Real Estate and shall hold Quality Real Estate harmless from any kind of claim, cost, expense, or liability arising out of your investigation and/or purchase of these Commercial Real Estate Properties.

COPYRIGHT , all rights reserved