Bondable Investments
and links to other
Bondable Investments
Did you know...
Bondable Investments are usually the first type of investments wanted by buyers of net leased
property
Virginia
Bondable Investments Property #pnnns 17:21:55
Bondable Investments Tenant:
CVS Pharmacy
Credit Rating: S&P "A"
State Located: Virginia
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: January, 2002
Price: $3,289,000. Only
$352,393 in cash is required to purchase this property!
Financing Obligations:
Loan is Non-Recourse.
Current Loan Balance: $2,936,607 (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.
For further information on this Bondable Investments property, you
may want to Bookmark and Print this
page then to our Buyer page and let us know
of your interest in this offering.
Bondable
Investments Home Page |
Bondable Investments - Available Properties
|
Bondable Investments - Current Buyers
Bondable Investments - Seller Input |
Bondable Investments - Buyer Input |
Bondable Investments - Contact Us
Bondable Investments - Further explanation of these types of
investments
The Bondable Investments contained herein have been obtained from Bondable Investments sources
believed to be reliable. While we do not
doubt the accuracy of these Bondable Investments, we have not verified it and make no guarantee,
warranty or representation
about the accuracy or completeness of the Bondable Investments information. As a Bondable
Investments 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 Bondable
Investments. The value of these
Bondable Investments 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 Bondable Investments 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 Bondable Investments.
COPYRIGHT , all rights
reserved