for sale single tenant net lease - venture commercial rd. and...for sale single tenant net lease new...
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FOR SALEFOR SALEFOR SALE SINGLE TENANT NET LEASE SINGLE TENANT NET LEASE SINGLE TENANT NET LEASE
New “ ” Store
NEC Lackland Rd. and Camp Bowie Blvd. Fort Worth, Texas
LOCATION: 6732 Camp Bowie Blvd., Fort Worth, Texas NEC Lackland Rd. and Camp Bowie Blvd. • Hard Corner building adjacent to existing shopping center. • Camp Bowie is one of Ft. Worth’s main retail arteries.
TENANT: 99 Cents Only Stores Texas, Inc. (NYSE: “NDN”)
• Operates over 160 locations with annual sales over $825 million
• Stockholder equity of approximately $400 million • Market Cap: $1.88 billion
TERM: SIZE: 7 years Building: 22,650 square feet Land: 70,000 square feet (approximately)
RENT COMMENCEMENT DATE: September 2004
OPTIONS: Five (5), five (5) year options with a 10% increase each term
LEASE INFORMATION: Years 1-7: $187,998.96 annually
TENANT RESPONSIBILITIES: Tenant to reimburse Landlord for taxes and insurance Tenant responsible for their own common area maintenance
LANDLORD RESPONSIBLITIES: Roof, structure and parking lot
PRICE: CAP RATE: YEAR REDEVELOPED: $2,506,000 7.5 % 2004
FOR INFORMATION KEN REIMER 214-378-1212
The information contained herein was obtained from sources deemed reliable; however, Venture Commercial Real Estate makes no guarantees, warranties, or representations as to the completeness or accuracy thereof. The presentation of this property is submitted subject to errors; omissions; change of price, prior to sale or lease; or withdrawal without notice.
22,650 SF
CAMP BOWIE BLVD.
LAC
KLA
ND
RO
AD
This site plan is presented solely for the purpose of identifying the approximate location and size of the buildings presently contemplated by the owner. Building sizes, site dimensions, access and parking areas, existing tenant locations and identities are subject to change at the owner’s discretion, except as otherwise expressly restricted herein.
99¢ Only Store NEC of Lackland and Camp Bowie
Fort Worth, Texas
EXISTING SHOPPING CENTER (Not a part.)