(W-1664) Sales/Leaseback

Sales/Leaseback

Owner has been operating the same business for over a century at the same building(4-story over basement). Here is the opportunity to buy and secure a good tenant. the proposed sent to be $290,000/year. Triple Net-leased.

Asking=$4.8 Million

Staples

Staples

NOT (Net Operating Income) = $333,000 a year

7-year lease remaining, 4 times 5-year options

GAP rate = 6.25%

Asking = $5,340,000

 

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