Triple Net Lease Property for Sale Chicago | The Boulder Group
FOR SALE : TRIPLE NET TD BANK GROUND LEASE
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$1,250,000 FOR SALE : TRIPLE NET TD BANK GROUND LEASE Adjacent to Hannaford Anchored Shopping Center - Yarmouth, Maine NAI The Dunham Group is pleased to offer this very attractive 1.01± acre TD Bank site located next to a high volume Hannaford anchored shopping center at 730 US Route One in Yarmouth, Maine. The branch is fully operational with drive-through and ATM’s. The annual ground rent is currently $71,530 and increases 4% per year. TD Bank recently exercised a 5 year renewal option with two more 5 year renewal options remaining. Triple net lease, TD Bank pays all property expenses including real estate taxes. FOR SALE contact information CHARLIE CRAIG 207.773.7100 charles [email protected] www.dunham-group.com The information contained herein has been given to us by the owner of the property or other sources we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it. All information should be verified prior to purchase or lease. National credit ground lease with outstanding annual income growth.
Transcript of FOR SALE : TRIPLE NET TD BANK GROUND LEASE
$1,250,000
FOR SALE : TRIPLE NET TD BANK GROUND LEASEAdjacent to Hannaford Anchored Shopping Center - Yarmouth, Maine
NAI The Dunham Group is pleased to offer this very
attractive 1.01± acre TD Bank site located next to a
high volume Hannaford anchored shopping center at
730 US Route One in Yarmouth, Maine. The branch
is fully operational with drive-through and ATM’s.
The annual ground rent is currently $71,530 and
increases 4% per year. TD Bank recently exercised
a 5 year renewal option with two more 5 year renewal
options remaining. Triple net lease, TD Bank pays all
property expenses including real estate taxes.
F O R S A L E
contact information
CHARLIE CRAIG
207.773.7100
charles [email protected]
www.dunham-group.comThe information contained herein has been given to us by the owner of the property or other sources we deem reliable. We have no reason todoubt its accuracy, but we do not guarantee it. All information should be verified prior to purchase or lease.
National credit ground lease withoutstanding annual income growth.
property overview
Location: 730 US Route One, Yarmouth ME
Land Area: 1.01± acres
Current Triple Net Ground Rent: $71,530
Annual Rent Escalators: 4%
Lease Term: 4± years remaining on current
5 year exercised option. Two more 5 year
options.
Purchase Price: $1,250,000
SUBJECT PROPERTY
