705 North Burlington Avenue

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705 North Burlington Avenue

Hastings, NE 68901
Asking Price
Contact for price
Asset Type
Bank Retail
Class
Class B

What's Special

Retail | 6.25% CAP | 13,348 SqFt <ul><li>​<strong style="color: rgba(6, 34, 57, 1)">LONG-TERM ABSOLUTE NNN LEASE: </strong><span style="color: rgba(6, 34, 57, 1)">12+ years remaining on initial 15-year Absolute NNN lease with </span><u style="color: rgba(6, 34, 57, 1)">RARE 5% rental escalations every 5 years</u><span style="color: rgba(6, 34, 57, 1)">!</span></li><li>​<strong style="color: rgba(6, 34, 57, 1)">CORPORATE TENANT:</strong><span style="color: rgba(6, 34, 57, 1)"> </span><strong style="color: rgba(6, 34, 57, 1)">Wal

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

Location & Travel Times