Net Leased Retail â Single Tenant
For Sale
CVS Drug Store w/5.36% Loan!
NNN Single Tenant Investment League City (Houston), Texas $3,028,800 – 7.5% cap – 7.82% c/c
◊ High Sales Location
NWC Main Street and Bay Area Blvd. Sales in excess of $730/sf!! Avg HH Income $100,613 one mile radius
◊ 20 year NNN Lease
$227,160 annual NNN Rent Commenced 7/2000 Four 5 year options to extend w/bumps
◊ No Landlord Responsibility ◊ CVS Corporate Guarantee! Credit Tenant - S&P Rated BBB+
◊ Only $968,880 Cash Down Assume $2.06MM @5.36%
Owner’s Representative:
◊ +/- 1.356 acre lot
(310) 477-5300 ext. 104 (310) 479-1870 fax [email protected]
$151,405 annual debt service Loan matures January, 2015 $75,755 cash flow
◊ 10,908 sf building
Ron M. Pelleg
CA DRE #00834803
This information has been secured from sources we believe to be reliable, but we make no representations or warranties as to the accuracy of the information. Buyer must verify the information and bears the risk for any inaccuracies.
CVS NNN Leased Investment League City, TX Purchase Price:
$3,028,800
Down Payment:
$968,800
Rental Income Capitalization Rate
2010
2011
$227,160
$227,160
2012 $227,160
2013
2014
$227,160
$227,160
7.50%
7.50%
7.50%
7.50%
7.50%
($151,405)
($151,405)
($151,405)
($151,405)
($151,405)
$75,755
$75,755
$75,755
$75,755
$75,755
Debt Service based on $2,250,000 original balance 5.36%, 30 yr. Am.
$2,060,000
Cash Flow after Debt Service
Cash Return Plus Loan Amortization (appx.)
7.82%
7.82%
7.82%
7.82%
7.82%
$39,734
$41,917
$44,220
$46,649
$49,212
Return on Investment
$115,489
$117,672
$119,975
$122,404
$124,967
Total Return
11.92%
12.15%
12.38%
12.63%
12.90%
EOY Loan Balance
$2,045,000
$2,003,083
$1,958,863
$1,912,214
$1,863,002
This information has been provided by sources deemed reliable, however, its accuracy cannot be guaranteed. Buyer to obtain independent verification.
Print
Bing Maps 5002 W Main St, League City, TX 77573-1694 My Notes
Print
Bing Maps 5002 W Main St, League City, TX 77573-1694 My Notes
Print
Bing Maps 5002 W Main St, League City, TX 77573-1694 My Notes
Pop-Facts: Demographic Quick Facts Report Radius 1: 5002 W MAIN ST, LEAGUE CITY, TX 77573-1694, aggregate Radius 2: 5002 W MAIN ST, LEAGUE CITY, TX 77573-1694, aggregate Radius 3: 5002 W MAIN ST, LEAGUE CITY, TX 77573-1694, aggregate 0.00 - 1.00 miles Description Radius 1 %
0.00 - 3.00 miles Radius 2 %
0.00 - 5.00 miles Radius 3 %
7,294 6,439 3,538 2,683
49,528 44,228 29,565 23,130
126,473 113,860 84,732 63,191
31.87%
27.82%
34.09%
2,493 2,180 1,165 841
17,474 15,544 10,383 8,087
46,983 42,191 31,351 22,806
38.53%
28.39%
37.47%
6,439
44,228
113,860
5,286 82.09 373 5.79 29 0.45 276 4.29 3 0.05 244 3.79 230 3.57
35,567 80.42 2,673 6.04 233 0.53 1,946 4.40 26 0.06 2,468 5.58 1,314 2.97
6,439
44,228
903 14.02 5,537 85.99
7,401 16.73 36,827 83.27
21,651 19.02 92,209 80.98
2,180
15,544
42,191
2,001 91.79 179 8.21
12,504 80.44 3,040 19.56
28,360 67.22 13,831 32.78
Population 2015 Projection 2010 Estimate 2000 Census 1990 Census Growth 1990 - 2000 Households 2015 Projection 2010 Estimate 2000 Census 1990 Census Growth 1990 - 2000 2010 Est. Population by Single Classification Race White Alone Black or African American Alone American Indian and Alaska Native Alone Asian Alone Native Hawaiian and Other Pacific Islander Alone Some Other Race Alone Two or More Races 2010 Est. Population Hispanic or Latino Hispanic or Latino Not Hispanic or Latino 2010 Tenure of Occupied Housing Units Owner Occupied Renter Occupied 2010 Average Household Size
Prepared On: Thurs Jul 29, 2010 Page
2.95
1
Of 3
2.84
Prepared By:
Project Code: CVS Katy/LC
Nielsen Solution Center 1 800 866 6511
Prepared For:
© 2010 The Nielsen Company. All rights reserved.
86,204 7,975 629 5,464 66 9,708 3,815
75.71 7.00 0.55 4.80 0.06 8.53 3.35
113,860
2.68
Pop-Facts: Demographic Quick Facts Report Radius 1: 5002 W MAIN ST, LEAGUE CITY, TX 77573-1694, aggregate Radius 2: 5002 W MAIN ST, LEAGUE CITY, TX 77573-1694, aggregate Radius 3: 5002 W MAIN ST, LEAGUE CITY, TX 77573-1694, aggregate 0.00 - 1.00 miles Description Radius 1 % 2010 Est. Households by Household Income
2,180
Income Less than $15,000 Income $15,000 - $24,999 Income $25,000 - $34,999 Income $35,000 - $49,999 Income $50,000 - $74,999 Income $75,000 - $99,999 Income $100,000 - $124,999 Income $125,000 - $149,999 Income $150,000 - $199,999 Income $200,000 - $499,999 Income $500,000 and over
64 2.94 68 3.12 60 2.75 170 7.80 505 23.17 511 23.44 315 14.45 177 8.12 199 9.13 94 4.31 17 0.78
0.00 - 3.00 miles Radius 2 %
0.00 - 5.00 miles Radius 3 %
15,544
42,191
586 613 868 1,764 3,238 3,198 2,166 1,224 1,167 620 99
3.77 3.94 5.58 11.35 20.83 20.57 13.93 7.87 7.51 3.99 0.64
2,234 2,449 3,241 5,777 8,747 7,297 5,183 2,999 2,544 1,478 240
2010 Est. Average Household Income
$100,613
$93,686
$85,492
2010 Est. Median Household Income
$85,913
$80,494
$71,131
2010 Est. Per Capita Income
$34,114
$32,960
$31,787
White Alone Black or African American Alone American Indian and Alaska Native Alone Asian Alone Native Hawaiian and Other Pacific Islander Alone Some Other Race Alone Two or More Races
86,842 75,595 55,357 94,231 66,250 84,500 80,000
84,048 60,569 47,829 72,986 75,625 64,062 63,971
75,725 54,792 51,302 71,417 62,500 45,745 54,872
Hispanic or Latino Not Hispanic or Latino
80,556 86,639
66,165 82,659
54,471 74,589
2010 Median HH Inc by Single Race Class or Ethn
Prepared On: Thurs Jul 29, 2010 Page
2
Of 3
Prepared By:
Project Code: CVS Katy/LC
Nielsen Solution Center 1 800 866 6511
Prepared For:
© 2010 The Nielsen Company. All rights reserved.
5.29 5.80 7.68 13.69 20.73 17.30 12.28 7.11 6.03 3.50 0.57
Area Map Order #: 969044184
Prepared For: Project Code: CVS Katy/LC
Site: 01 5002 W MAIN ST LEAGUE CITY,TX 77573-1694 Coord: 29.490085, -95.153450 Radius - See Appendix for Details
Prepared on:
July 29, 2010
© 2010 The Nielsen Company. All rights reserve
Page 1 of 2 Nielsen Solution Center 1 800 866 6511
CVS Drug Store w/5.36% Loan!
NNN Single Tenant Investment League City (Houston), Texas $3,028,800 – 7.5% cap – 7.82% c/c
◊ High Sales Location
NWC Main Street and Bay Area Blvd. Sales in excess of $730/sf!! Avg HH Income $100,613 one mile radius
◊ 20 year NNN Lease
$227,160 annual NNN Rent Commenced 7/2000 Four 5 year options to extend w/bumps
◊ No Landlord Responsibility ◊ CVS Corporate Guarantee! Credit Tenant - S&P Rated BBB+
◊ Only $968,880 Cash Down Assume $2.06MM @5.36%
Owner’s Representative:
◊ +/- 1.356 acre lot
(310) 477-5300 ext. 104 (310) 479-1870 fax [email protected]
$151,405 annual debt service Loan matures January, 2015 $75,755 cash flow
◊ 10,908 sf building
Ron M. Pelleg
CA DRE #00834803
This information has been secured from sources we believe to be reliable, but we make no representations or warranties as to the accuracy of the information. Buyer must verify the information and bears the risk for any inaccuracies.
CVS NNN Leased Investment League City, TX Purchase Price:
$3,028,800
Down Payment:
$968,800
Rental Income Capitalization Rate
2010
2011
$227,160
$227,160
2012 $227,160
2013
2014
$227,160
$227,160
7.50%
7.50%
7.50%
7.50%
7.50%
($151,405)
($151,405)
($151,405)
($151,405)
($151,405)
$75,755
$75,755
$75,755
$75,755
$75,755
Debt Service based on $2,250,000 original balance 5.36%, 30 yr. Am.
$2,060,000
Cash Flow after Debt Service
Cash Return Plus Loan Amortization (appx.)
7.82%
7.82%
7.82%
7.82%
7.82%
$39,734
$41,917
$44,220
$46,649
$49,212
Return on Investment
$115,489
$117,672
$119,975
$122,404
$124,967
Total Return
11.92%
12.15%
12.38%
12.63%
12.90%
EOY Loan Balance
$2,045,000
$2,003,083
$1,958,863
$1,912,214
$1,863,002
This information has been provided by sources deemed reliable, however, its accuracy cannot be guaranteed. Buyer to obtain independent verification.
Bing Maps 5002 W Main St, League City, TX 77573-1694 My Notes
Bing Maps 5002 W Main St, League City, TX 77573-1694 My Notes
Bing Maps 5002 W Main St, League City, TX 77573-1694 My Notes
Pop-Facts: Demographic Quick Facts Report Radius 1: 5002 W MAIN ST, LEAGUE CITY, TX 77573-1694, aggregate Radius 2: 5002 W MAIN ST, LEAGUE CITY, TX 77573-1694, aggregate Radius 3: 5002 W MAIN ST, LEAGUE CITY, TX 77573-1694, aggregate 0.00 - 1.00 miles Description Radius 1 %
0.00 - 3.00 miles Radius 2 %
0.00 - 5.00 miles Radius 3 %
7,294 6,439 3,538 2,683
49,528 44,228 29,565 23,130
126,473 113,860 84,732 63,191
31.87%
27.82%
34.09%
2,493 2,180 1,165 841
17,474 15,544 10,383 8,087
46,983 42,191 31,351 22,806
38.53%
28.39%
37.47%
6,439
44,228
113,860
5,286 82.09 373 5.79 29 0.45 276 4.29 3 0.05 244 3.79 230 3.57
35,567 80.42 2,673 6.04 233 0.53 1,946 4.40 26 0.06 2,468 5.58 1,314 2.97
6,439
44,228
903 14.02 5,537 85.99
7,401 16.73 36,827 83.27
21,651 19.02 92,209 80.98
2,180
15,544
42,191
2,001 91.79 179 8.21
12,504 80.44 3,040 19.56
28,360 67.22 13,831 32.78
Population 2015 Projection 2010 Estimate 2000 Census 1990 Census Growth 1990 - 2000 Households 2015 Projection 2010 Estimate 2000 Census 1990 Census Growth 1990 - 2000 2010 Est. Population by Single Classification Race White Alone Black or African American Alone American Indian and Alaska Native Alone Asian Alone Native Hawaiian and Other Pacific Islander Alone Some Other Race Alone Two or More Races 2010 Est. Population Hispanic or Latino Hispanic or Latino Not Hispanic or Latino 2010 Tenure of Occupied Housing Units Owner Occupied Renter Occupied 2010 Average Household Size
Prepared On: Thurs Jul 29, 2010 Page
2.95
1
Of 3
2.84
Prepared By:
Project Code: CVS Katy/LC
Nielsen Solution Center 1 800 866 6511
Prepared For:
© 2010 The Nielsen Company. All rights reserved.
86,204 7,975 629 5,464 66 9,708 3,815
75.71 7.00 0.55 4.80 0.06 8.53 3.35
113,860
2.68
Pop-Facts: Demographic Quick Facts Report Radius 1: 5002 W MAIN ST, LEAGUE CITY, TX 77573-1694, aggregate Radius 2: 5002 W MAIN ST, LEAGUE CITY, TX 77573-1694, aggregate Radius 3: 5002 W MAIN ST, LEAGUE CITY, TX 77573-1694, aggregate 0.00 - 1.00 miles Description Radius 1 % 2010 Est. Households by Household Income
2,180
Income Less than $15,000 Income $15,000 - $24,999 Income $25,000 - $34,999 Income $35,000 - $49,999 Income $50,000 - $74,999 Income $75,000 - $99,999 Income $100,000 - $124,999 Income $125,000 - $149,999 Income $150,000 - $199,999 Income $200,000 - $499,999 Income $500,000 and over
64 2.94 68 3.12 60 2.75 170 7.80 505 23.17 511 23.44 315 14.45 177 8.12 199 9.13 94 4.31 17 0.78
0.00 - 3.00 miles Radius 2 %
0.00 - 5.00 miles Radius 3 %
15,544
42,191
586 613 868 1,764 3,238 3,198 2,166 1,224 1,167 620 99
3.77 3.94 5.58 11.35 20.83 20.57 13.93 7.87 7.51 3.99 0.64
2,234 2,449 3,241 5,777 8,747 7,297 5,183 2,999 2,544 1,478 240
2010 Est. Average Household Income
$100,613
$93,686
$85,492
2010 Est. Median Household Income
$85,913
$80,494
$71,131
2010 Est. Per Capita Income
$34,114
$32,960
$31,787
White Alone Black or African American Alone American Indian and Alaska Native Alone Asian Alone Native Hawaiian and Other Pacific Islander Alone Some Other Race Alone Two or More Races
86,842 75,595 55,357 94,231 66,250 84,500 80,000
84,048 60,569 47,829 72,986 75,625 64,062 63,971
75,725 54,792 51,302 71,417 62,500 45,745 54,872
Hispanic or Latino Not Hispanic or Latino
80,556 86,639
66,165 82,659
54,471 74,589
2010 Median HH Inc by Single Race Class or Ethn
Prepared On: Thurs Jul 29, 2010 Page
2
Of 3
Prepared By:
Project Code: CVS Katy/LC
Nielsen Solution Center 1 800 866 6511
Prepared For:
© 2010 The Nielsen Company. All rights reserved.
5.29 5.80 7.68 13.69 20.73 17.30 12.28 7.11 6.03 3.50 0.57
Area Map Order #: 969044184
Prepared For: Project Code: CVS Katy/LC
Site: 01 5002 W MAIN ST LEAGUE CITY,TX 77573-1694 Coord: 29.490085, -95.153450 Radius - See Appendix for Details
Prepared on:
July 29, 2010
© 2010 The Nielsen Company. All rights reserve
Page 1 of 2 Nielsen Solution Center 1 800 866 6511
