Trade Tenant Headaches for Triple Net Lease

$3,835,000 Sold to 3 Different Buyers 

Jim Casey with clients Pam & Terry 
4860 Larimer Parkway (Firestone Auto Care)
PURCHASED: $3,769,864
NNN Corporate Guaranteed 15 Year Lease 
NOI: $194,148
*in addition to $1,211,800 of DST – NOI: $67K
Total Assest Increase: $1,146,664
Total NOI Increase: $132,401.90

In the last year, Jim Casey helped his clients sell three apartment buildings and trade their management headaches in for a convenient NNN leased property and successfully defer capital gains taxes through 1031 Exchanges.

10555 W. 8th Avenue 
Sale Price: $1,150,000
Sale Date: 11/27/2019
8 Units 
$34,159/Year NOI
3% CAP 

8736 W. 54th Avenue
Sale Price: $705,000
Sale Date: 10/1/2019
4 Units 
$27,695/Year NOI
3.3% CAP

3705 Yukon Court
Sale Price: $1,980,000
Sale Date: 12/6/2019
10 Units 
$66,545/Year NOI
3.4% CAP 

At Calibrate Real Estate, we exist to create generational wealth through real estate. 

Jim Casey