These freestanding stores were constructed as build-to-suits for RBC
Centura and are leased on a 15-year NN basis with 3 Five-Year Options
to renew.
INVESTMENT HIGHLIGHTS
} RBC Centura (S&P: AA- ) operates 260 locations in the United
States
} 15 Year NN Leases, 5% bumps every 5 years throughout the
original term and options
} Three 5-year options with 5% bumps per option
} Landlord responsible for capital repairs to roof and
structure only
} 6.0% CAP
Weston, FL (Western Suburb of Fort Lauderdale)
} Located at the northwest corner of Emerald Park and Weston Road
} 4,128 SF
} High Demographic Area (Avg. HH Income: $132,000 within 3 miles)
} Rent commences in August of 2005, however, Seller cannot
close until January 17, 2006
} Other three corners of intersection include Publix, Home
Depot and Winn-Dixie
} Price: $5,044,733
Windermere, FL (Southeastern Suburb of Orlando)
} Located on the southeast corner of Conroy-Windermere Rd and
Windgrove Estates
} 3,224 SF
} High Demographic Area (Avg. HH Income: $106,000 within 1 mile)
} Home of Bay Hill Invitational, Tiger Woods and Annika Sorrenstam
} Rent commenced July 2005, however, Seller cannot close until
December 20, 2005
} Outparcel to Grand Oaks Village (Anchored by The Fresh Market)
} Price: $4,514,633
Sincerely
Bill Perez
Wellington capital Group Inc.
Apply for Commercial Real Estate loans online and submit your deal to dozens of
hungry lenders in just minutes. Loan programs for all types of business and
commercial real estate. Apply anytime at http://realestatezoo.com
RealEstate
Part of RealEstateZoo.Com
-------------------------------------
Post message: [email protected]
Subscribe: [EMAIL PROTECTED]
Unsubscribe: [EMAIL PROTECTED]
List owner: [EMAIL PROTECTED]
Web Site: http://groups.yahoo.com/group/RealEstate
Yahoo! Groups Links
<*> To visit your group on the web, go to:
http://groups.yahoo.com/group/RealEstate/
<*> To unsubscribe from this group, send an email to:
[EMAIL PROTECTED]
<*> Your use of Yahoo! Groups is subject to:
http://docs.yahoo.com/info/terms/
