High Leverage Net Lease Package


  • Excellent locations in Georgia, Texas and Tennessee
  • Eckerd Drug - Excellent Credit
  • 20 year absolute net leased (no landlord responsibilities)
  • Price: $8,074,887. Only $645,991 down required.
  • 92% non-recourse, assumable financing
  • These properties are ideal 1031 exchange replacement properties.
  • Provides significant debt relief solution.
  • Zero deal. All cash flow used to pay debt.
  • All due diligence documents current. Ready for immediate closing.
Financial Summary
  Square
Footage
Lease
Term
Package
Sales Price
Equity
Mortgage
Balance
Amort
Period
Loan
Term
Fixed
Rate
Annual
Income
Georgia 10,908 06/02/2018     $2,160,508 25  05/15/2023  7.28%  $191,836
Texas 13,050 04/02/2018     $2,885,400 25  03/15/2023  7.05%  $253,061
Tennessee 10,908 12/05/2017     $2,382,988 25  11/30/2022  7.06%  $211,900
                   
Totals      $8,074,887  $645,991  $7,428,896        $656,797

Contact Information

John M. "Jack" Peckham III CCIM, CIPS, RECS
Peckham Boston Advisors
(Founded 1963 - Our 47th Year)
Four Longfellow Place, Suite 2003
Boston, MA 02114
Phone 617 523 4441 Ext. 6

Email: info@REOtoCash.com
Web: www.REOtoCash.com

All information is from sources we deem reliable and is submitted subject to errors, omissions, prior sale, lease, withdrawal without notice, or change in price and conditions. While we do not doubt it's accuracy, no representation thereof is made.

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