Zero Flow For Sale
and links to other
Zero Flow For Sale Properties
Did you know...
Zero Flow For Sale is a popular investment for grandparents who like to leave a nest egg for their
grandchildren
Michigan
Zero Flow For Sale Property #pnnns 17:21:55
Zero Flow For Sale Tenant:
CVS Pharmacy
Credit Rating: S&P "A"
State Located: Michigan
Size of Building: 10,880 Square Feet Building
Land Area: 1.343 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: October, 2000
Annual Rental Income (NOI): From years 1
through year 22 $300,357
Price: $3,691,743. Only
$395,544 in cash is required to purchase this property!
Financing Obligations:
Loan is Non-Recourse.
Current Loan Balance: $3,296,199 (est.)
Interest Rate: 7.75%
Annual Debt Service: $300,357
Annual Cash Flow: $0
Remarks:
RVI is 27%.
Loan balance at maturity is $878,898.
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 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 Flow For
Sale Home Page |
Zero Flow For Sale - Available Properties |
Zero Flow For Sale - Current Buyers
Zero Flow For Sale - Seller Input |
Zero Flow For Sale - Buyer Input |
Zero Flow For Sale - Contact Us
Zero Flow For Sale - Further explanation of these types of
investments
The Zero Flow For Sale contained herein have been obtained from Zero Flow For Sale sources
believed to be reliable. While we do not
doubt the accuracy of these Zero Flow For Sale, we have not verified it and make no guarantee,
warranty or representation
about the accuracy or completeness of the Zero Flow For Sale information. As a Zero 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 Flow For
Sale. The value of these
Zero 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 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 Flow For Sale.
COPYRIGHT 
, all rights
reserved