True Value

Price: $1,500,000

NOI: $105,000

Cap Rate: 7%

Occupancy: 100%

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Existing Balance: $755,102

Original Loan Balance: $770,000

Interest Rate: 6%

Amortization: 25 Year

Payment: $4,961

Maturity: November 2047

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Long-Term (20-Year) Single Tenant NNN Leased True Value Sale Leaseback

- Brand New 20-Year Absolute NNN Lease featuring scheduled rental increases during the initial lease term and options

- Absolute NNN Lease Structure - Tenant is responsible for everything including base rent, taxes, insurance, CAM

- Low Price per Square foot - $69 PSF

- Low Rent at $0.40 PSF monthly

- Ideal 1031 Investment Opportunity for Passive Investor - No Landlord responsibilities

- True Value has over 4,500 stores nationwide

- 3% annual increases through the lease term including options

- Strong Personal Guarantee / Franchisee with a Long Term Operating History - since 1985

- Top 13% in the State of Kansas and Top 20% True Value Nationwide

- Property is a net leased asset that comes with an additional 2,304 SF freestanding building pad that could lead to future potential upside

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