NYNEX NET LEASE FOR SALE


Location: Southeastern Massachusetts (40 min South of Boston)

Tenant: NYNEX

Property: Office and Vehicle Facility located on 211,660 sf of land

Lease:
Term: Leased to 3/31/2003
Options: None
Annual Rent: From 4/1/97: $155,000, Till 4/1/97: $138,400
Owner responsibilities: Roof, structure.

NOI as of 4/1/97 (before capital allowance) $155,000

Cap Rate: 10.33% Price: $1,500,000


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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