Zero Cash Flow For Sale
and links to other
Zero Cash Flow For Sale Properties
Did you know...
Zero Cash Flow For Sale is a popular investment for grandparents who like to leave a nest egg for
their grandchildren
Michigan
Zero Cash Flow For Sale Property #pnnns 17:21:55
Zero Cash Flow For Sale Tenant:
CVS Pharmacy
Credit Rating: S&P "A"
State Located: Michigan
Size of Building: 10,880 Square Feet Building
Land Area: 1.059 Acres
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: November, 2000
Annual Rental Income (NOI): From years 1
through year 22 $298,727
Price: $3,679,302. Only
$394,211 in cash is required to purchase this property!
Financing Obligations:
Loan is Non-Recourse.
Current Loan Balance: $3,285,091 (est.)
Interest Rate: 7.75%
Annual Debt Service: $298,727
Annual Cash Flow: $0
Remarks:
RVI is 28%.
Loan balance at maturity is $915,443.
Loan not subject to paydown/readvance.
Fully amortized property.
This is a "Bond-Net" lease.
Not subject to paydown & re-advance.
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 Zero Cash Flow For Sale 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.
Zero
Cash Flow For Sale Home Page |
Zero Cash Flow For Sale - Available Properties
|
Zero Cash Flow For Sale - Current Buyers
Zero Cash Flow For Sale - Seller Input |
Zero Cash Flow For Sale - Buyer Input |
Zero Cash Flow For Sale - Contact Us
Zero Cash Flow For Sale - Further explanation of these types of
investments
The Zero Cash Flow For Sale contained herein have been obtained from Zero Cash Flow For Sale
sources believed to be reliable. While we do not
doubt the accuracy of these Zero Cash Flow For Sale, we have not verified it and make no
guarantee, warranty or representation
about the accuracy or completeness of the Zero Cash Flow For Sale information. As a Zero Cash Flow
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 Zero Cash Flow
For Sale. The value of these
Zero Cash Flow 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 Zero Cash Flow 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 Zero Cash Flow For Sale.
COPYRIGHT 
, all rights
reserved