Pepsi - Not Exclusively Listed
Cedar Rapids , IA

map of Cedar Rapids , IA


 
Pepsi - Not Exclusively Listed
Investment Summary
Price $40,614,927  Cap Rate
Financing $29,307,500.00  Avg Annual Return 7.5%
Interest Rate 6.36%  Annual Cash Flow
Amortization 30 years with interest only for 11 years  Additional Debt
Investment Highlights
  • Attractive assumable interest only with financing in place
  • Single credit tenant
  • Absolute NNN lease with rent increase
  • Part of an 19 property industrial portfolio
Property Description
Building Type Industrial  Tenant Pepsi
Building Size 1,014,000  Lease Type NNN
Land   Lease Term
Initial Annual Rent   Lease Start
Current Rent   Lease End 11/1/022
Rent Increases 10% every 5 years
Lease Guarantor Pepsi
Location map of Cedar Rapids , IA
Status Active
For More Information, Contact
LMT Investment Company
ph: 650.209.5993
fx:


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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