Food Lion Portfolio
Start | Summary | Aerial | Site Plan | Confidentiality
Property Name
Food Lion Portfolio | Martinsburg, WV | Lynchburg, VA | Chattanooga, TN | Keystone Heights, FL | Home
Tenant:Food Lion, Inc.
Price: $2,402,400
Cap Rate: 8.75%


Sales: $8,723,451
PSF: $301
Location:Martinsburg, West Virginia
Type:Shadow Anchor (Lowe's & K-Mart)
Store Size:29,000 SF
Lease Term:20 years (8 years remaining)
Lease Expiration:August 9, 2014
Base Rent:$7.50 PSF ($217,500 Annually)
NOI:$7.25 NSF ($210,210 Annually)
Recoveries:Double Net: Landlord is responsible for roof and structure
Options:Four renewal options for five (5) years each at same rate
Site Size:2.161 Acres
Aerial
Site Plan
Confidentiality Agreement (PDF)