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Pepsi - Not Exclusively Listed
Cedar Rapids , IA
map of Cedar Rapids , IA
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| Investment Summary |
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| Price |
$40,614,927 |
Cap Rate |
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| Financing |
$29,307,500.00 |
Avg Annual Return |
7.5% |
| Interest Rate |
6.36%
| Annual Cash Flow |
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| Amortization |
30 years with interest only for 11 years |
Additional Debt |
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| Investment Highlights |
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- Attractive assumable interest only with financing in place
- Single credit tenant
- Absolute NNN lease with rent increase
- Part of an 19 property industrial portfolio
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| Property Description |
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| Building Type |
Industrial |
Tenant |
Pepsi |
| Building Size |
1,014,000 |
Lease Type |
NNN |
| Land |
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Lease Term |
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| Initial Annual Rent |
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Lease Start |
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| Current Rent |
| Lease End |
11/1/022 |
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| Rent Increases |
10% every 5 years
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| Lease Guarantor |
Pepsi |
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| Location |
map of Cedar Rapids , IA
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| Status |
Active |
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| For More Information, Contact |
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LMT Investment Company
ph: 650.209.5993
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This information has been secured from sources we believe to be
reliable, but we make no representation or warranties, expressed or
implied, as to the accuracy of the information. All references to
age, sq. footage, income and expenses are approximate. Buyers should
conduct their own independent investigations and rely only on those
results.
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