Tenants In Common Investment Opportunity 6.94% Cash on Cash Return FOR SALE NNN Leased Investment Purchase Price: $2,800,000 Equity being raised: $1,000,000 ($650,000 Committed only $350,000 Available) Debt: $1,800,000 Cash on Cash: 6.94% Brandi M. Ho [email protected]360.823.5112 Blake Federinko [email protected]360.823.5111 Listing Brokers: Michael A. Jenkins [email protected]360.823.5102 While the information provided is not guaranteed it has been obtained from sources we deem reliable. It is provided without any representations, warranty or guarantee, expressed or implied as to its accuracy. Prospective buyer or tenant should conduct an independent investigation and verification of all matters deemed to be material, including, but not limited to, statements of income and expenses. Consult your attorney, accountant, or other Professional advisor.
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NNN Leased Investment - MAJCRE · 2018-05-15 · Tenants In Common Investment Opportunity 6.94% Cash on Cash Return. FOR SALE. NNN Leased Investment. Purchase Price: $2,800,000. Equity
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Tenants In Common Investment Opportunity6.94% Cash on Cash Return
FOR SALE NNN Leased Investment
Purchase Price: $2,800,000Equity being raised: $1,000,000 ($650,000 Committed only $350,000 Available)Debt: $1,800,000Cash on Cash: 6.94%
While the information provided is not guaranteed it has been obtained from sources we deem reliable. It is provided without any representations, warranty or guarantee, expressed or implied as to its accuracy. Prospective buyer or tenant should conduct an independent investigation and verification of all matters deemed to be material, including, but not limited to, statements of income and expenses. Consult your attorney,
THIS OFFERING PRESENTS the opportunity to acquire a multi-tenant leased investment located in Vancouver, WA. The property is leased to WellHaven Pet Health, and Verizon Wireless. It is ideally located at the intersection of 164th Ave and Mill Plain, which is considered one of the busiest intersections in all of Vancouver with over 53,000 VPD. Some of the surrounding retailers include Target, Regal Cinema, Whole Foods, Fred Meyer, Bed Bath and Beyond, Olive Garden and much more.
CAMSPROPERTY TAXESINSURANCEMANAGEMENT* *WellHaven PetHealth pays Mgmt Fee of 5% Base RentTOTAL EXPENSES
LESS OPERATING EXPENSES
groSS income
*Seller to escrow at closing 1-Year of rent at $25.00 PSF or $26,250.00. Seller will also allocate funds at closing for a TI allowance of $50.00 PSF for the 1,050 SF Vacant Space or $52,500.00 and leasing commissions based on a 5% Fee for a 5-Year Lease at $25.00 PSF or $6,563.00.
WellHaven Pet Health will offer pet health services in their Veterinarian Clinic as well as a doggie daycare at their new 5,500 square foot location.
WellHaven Pet Health helps veterinarians and their teams succeed both personally and professionally.
They value their owner veterinarians and encourage them to stay. WellHaven’s focus on personal growth, practice support and life balance provides the framing of the relationship they want to have with their doctor leaders. WellHaven provides leader doctors an opportunity to share in the rewards of practice ownership without the risks associated. They are committed as servant leaders to ensure the success of their doctors, hospital teams, and profession.
Verizon Wireless is an American telecommunications company which offers wireless products and services. With 149 million subscribers as of October 2017, Verizon Wireless is the largest wireless telecommunications provider in the United States. The company operates a National 4G LTE network covering about 98 percent of
the U.S. population, which in December 2015 won or tied for top honors in each category of the RootMetrics RootScore Reports. Verizon Wireless offers cellphones, home telephone, and Internet services through a variety of devices.
Vancouver, Washington sits on the north bank of the Columbia River directly across from Portland, Oregon. Incorporated in 1857, it is the fourth-largest city in the state. The Pacific Coast is less than 90 miles to the west. The Cascade Mountain Range rises on the east. Mount St. Helens National Volcanic Monument and Mt. Hood are less than two hours away. The spectacular Columbia River Gorge National Scenic Area lies 30 minutes to the east. Vancouver combines the excitement of a major metropolitan area with small-town charm and abundant recreational opportunities.
The 5 largest employers are:PeaceHealth Southwest Medical Center | 2841 EmployeesEvergreen Public Schools | 2455 EmployeesVancouver Public Schools | 2203 EmployeesCounty of Clark | 1561 EmployeesFred Meyer | 1500 Employees