Bond Net Leased For Sale and links to other Bond Net Leased For
Sale

Bond Net Leased For Sale
and links to other
Bond Net Leased For Sale

Did you know...
Bond Net Leased For Sale occurs only with investment grade credit tenants

Bond Net Leased For Sale and links to other Bond Net Leased
For Sale


Bond Net Leased For Sale and links to other Bond Net Leased For
Sale
New Jersey
Bond Net Leased For Sale Property #pnnns 17:21:55

Bond Net Leased For Sale Tenant:     CVS Pharmacy

Credit Rating:       S&P "A"

State Located:       New Jersey

Lease Term:       22-Year Primary Lease term.

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:       July, 1995

Price:       $1,833,397. Only $196,435
in cash is required to purchase this property!

Financing Obligations:
Loan is Non-Recourse.
Current Loan Balance:    $1,636,962 (est.)
Annual Cash Flow:    $0

Remarks:      Can be purchased all cash (subject to refinancing) or as premium over the . This is a "Bond-Net" lease. CVS Operates over 4,100 stores in the Northeast and Mid-Atlantic portions of the U.S. For the year ending December 2000, CVS reported sales of $20.1 billion. CVS is publically traded on the NYSE (CVS) and has an S&P rating of "A". With the recent acquistion of Revco and Arbor Drugs, CVS is the #2 drugstore chain in the U.S. in total sales and #1 in store count and prescriptions filled.

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Bond Net Leased For Sale and links to other Bond Net Leased
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The Bond Net Leased For Sale contained herein have been obtained from Bond Net Leased For Sale sources believed to be reliable. While we do not doubt the accuracy of these Bond Net Leased For Sale, we have not verified it and make no guarantee, warranty or representation about the accuracy or completeness of the Bond Net Leased For Sale information. As a Bond Net Leased For Sale 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 Bond Net Leased For Sale. The value of these Bond Net Leased For Sale 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 Bond Net Leased For Sale 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 Bond Net Leased For Sale.

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