Buy Buy Baby

2712 N. Central Expressway - Plano TX 75080

LTV (Loan to Value)	65.00%	Current NOI	$170,100.00
Interest Rate	4.250%	Capital Rate	9.000%
Fixed Term	10 Years	Land Area	+/- 2.20 Acres
Amortization	25 Years	Lease Type	NNN
Loan Amount	$1,228,500.00	Property Type	Retail
Payment	$6,655.25	Property Lease	Apparel
Bulding Size	0 SF	Remaining Terms

Location Description

NNN Lenders is pleased to offer for sale to qualified investors a leasehold interest in a Buy Buy Baby property located in Plano, Texas. With a population of 269,776, Plano is the ninth most populous city in the state of Texas and is located within the Dallas–Fort Worth metroplex. Buy Buy Baby is operating under a fourteen and one half (14.5) year NNN lease term with nine (9) years remaining. The lease features three (3), five (5) year renewal options with attractive rental increases in each option period. The subject property is located within Royal Plaza Shopping Center, directly off of Sam Johnson Highway (229,485 VPD), a major retail corridor in Plano.

Highlights

Investment-Grade Corporate Credit on Lease - Buy Buy Baby, Inc. is backed by parent company Bed Bath & Beyond, the…

Property Description

Plano is a city in the state of Texas, located mostly within Collin County. The city’s population was 269,776 at the 2010 census, making it the ninth most populous city in the state of Texas and the 70th most populous city in the United States. Plano is located within the metropolitan area commonly referred to as the Dallas–Fort Worth metroplex. The city is home to many corporate headquarters: Alliance Data, Cinemark Theatres, Dell Services, Dr Pepper Snapple Group, Ericsson, Frito-Lay, HP Enterprise Services, Huawei, J. C. Penney, Pizza Hut, Rent-A-Center, Traxxas, Siemens PLM Software, and Toyota Motors USA.