The Tile Shop
-
| LTV (Loan to Value) | 0.00% | Current NOI | |
| Interest Rate | 0.000% | Cap Rate | 0.000% |
| Fixed Term | 9 Years Years | Land Area | |
| Amortization | Years | Lease Type | |
| Loan Amount | Property Type | ||
| Payment | Property Lease | ||
| Building Size | Remaining Terms |
Location Description
Brookfield is a town located in northern Fairfield County, Connecticut, in the southern foot hills of the Berkshire Mountain. Brookfield is one of the bordering towns to Candlewood Lake. The population was 16,452 at the 2010 census. Danbury is a city in northern Fairfield County, Connecticut, approximately 70 miles from New York City. Danbury's population at the 2010 census was 80,893. Danbury is the fourth most-populous city in Fairfield County, and seventh among Connecticut cities. The city is located within the New York metropolitan area. Danbury is home to the headquarters of the following companies: ATMI Inc., Ethan Allen Interiors Inc., Praxair Inc. and Scholastic Library Publishing Inc.Highlights
Guarantee From The Tile Shop Holdings, Inc. - FY 2013 Reported Net Sales of $230 Million. The Tile Shop is a publicly traded company: NASDAQ (TTS)
Long Term Lease - 8.5 Years remaining on a double-net (NN) Lease, with 3, 5 year options to renew. Rental increases every 5 years of base term and options of $1.50 PSF
High Traffic Location - Over 22,000 Vehicles Per Day on Federal Road and Over 29,000 Vehicles Per Day on White Turkey Road. Close proximity to CT Route 7 and I-84
Outstanding Demographics Within the Five-Mile Radius - Rare location with a population over 100,000 with household income of almost $100,000
Strong Neighboring Tenants - Major Tenants include Starbucks, Stew Leonard's, Stop & Shop, Panera, Petco, Kohl's, GNC, CVS, Walgreens, TJ Maxx, and OfficeMax
NNN Loans Funding
Triple-Net Lease Financing arranged by NNNLenders. Offering Triple Net NNN Property Loans.