Archives: Investments

Investments

Mattress Firm

Strong Corporate Guaranty – The new Lease for this property is guaranteed by Mattress Firm Holding Corp. with a Moody’s…

LTV (Loan to Value) 65.00% Current NOI $182,251.00
Interest Rate 4.250% Capital Rate 6.750%
Fixed Term 10 Years Land Area 0.60 Acres
Amortization 25 Years Lease Type NN
Loan Amount $1,755,000.00 Property Type Retail
Payment $9,507.50 Property Lease Home Goods
Bulding Size 3,084 SF Remaining Terms 10 Years

Flowers Baking Company

Major Metro Market - Tampa/Bradenton distribution market.Recast Lease - In August 2014 the Tenant executed a brand new Fifteen (15)…

LTV (Loan to Value) 65.00% Current NOI $9,174,000.00
Interest Rate 4.250% Capital Rate 6.600%
Fixed Term 10 Years Land Area 1.26 Acre
Amortization 25 Years Lease Type NN
Loan Amount $903,500.00 Property Type Retail
Payment $4,894.60 Property Lease Bakery
Bulding Size 7,067 SF Remaining Terms 14.42 Years

Winn-Dixie

Recent Lease Extension – Winn-Dixie recently extended their lease in 2013 and has operated at this site since 1986 showing…

LTV (Loan to Value) 65.00% Current NOI $241,388.00
Interest Rate 4.250% Capital Rate 8.000%
Fixed Term 10 Years Land Area 5.11 Acres
Amortization 25 Years Lease Type NN
Loan Amount $1,963,000.00 Property Type Retail
Payment $10,634.32 Property Lease Grocery
Bulding Size 45,204 SF Remaining Terms 4.5 Years

Advance Auto Parts

Corporate Lease – Guaranteed by Advance Stores Company, Inc - an investment grade credit BBB-.Location – National retailers in the…

LTV (Loan to Value) 65.00% Current NOI $133,456.00
Interest Rate 4.250% Capital Rate 7.000%
Fixed Term 10 Years Land Area 1.20 Acre
Amortization 25 Years Lease Type NN
Loan Amount $1,239,225.00 Property Type Retail
Payment $6,713.35 Property Lease Auto Parts Store
Bulding Size 7,000 SF Remaining Terms 6.9 Years

GSA/Immigration & Customs Enforcement (Multi-Tenant)

GSA Tenant – 56% of square footage is from the GSA on a lease that runs through 6/07/2021. This portion…

LTV (Loan to Value) 65.00% Current NOI $143,184.00
Interest Rate 4.250% Capital Rate 7.280%
Fixed Term 10 Years Land Area 0.59 Acres
Amortization 25 Years Lease Type Gross
Loan Amount $1,365,000.00 Property Type Public/Government
Payment $7,394.73 Property Lease Multi-Tenant
Bulding Size 12,919 SF Remaining Terms More than 6 Years

Starbucks-Anchored Three-Tenant Center

Outstanding Real Estate – Property occupies premier retail location in front of Greenwood Mall at the intersection of Bypass 72…

LTV (Loan to Value) 65.00% Current NOI $158,680.00
Interest Rate 4.250% Capital Rate 7.500%
Fixed Term 10 Years Land Area 0.85 Acres
Amortization 25 Years Lease Type NN
Loan Amount $1,375,226.45 Property Type Retail
Payment $7,450.13 Property Lease Multi-Tenant
Bulding Size 5,000 SF Remaining Terms Varies

U.S. Fish & Wildlife Services

New 10-year lease. 100% leased and guaranteed by the US Federal Government (S&P AA+) – Five years firm, with almost…

LTV (Loan to Value) 65.00% Current NOI $54,124.00
Interest Rate 4.250% Capital Rate 9.400%
Fixed Term 10 Years Land Area 0.25 Acres
Amortization 25 Years Lease Type Gross
Loan Amount $373,750.00 Property Type Retail
Payment $2,024.75 Property Lease GSA
Bulding Size 5,343 SF Remaining Terms 10 Years

Krispy Kreme (Ground Lease)

Brand New Construction – Krispy Kreme occupies a brand new 2,945 square foot building with drive thru. The subject property…

LTV (Loan to Value) 65.00% Current NOI $51,500.00
Interest Rate 4.250% Capital Rate 4.750%
Fixed Term 10 Years Land Area 0.91 Acres
Amortization 25 Years Lease Type NNN
Loan Amount $704,737.15 Property Type Retail
Payment $3,817.83 Property Lease Food Service
Bulding Size 2,945 SF Remaining Terms +/- 20 Years

Community America Credit Union (Ground Lease)

Brand New Construction – Community America Credit Union will occupy a brand new 2,700 square foot retail branch upon completion…

LTV (Loan to Value) 65.00% Current NOI $70,000.00
Interest Rate 4.250% Capital Rate 0.000%
Fixed Term 10 Years Land Area 0.52 Acres
Amortization 25 Years Lease Type NNN
Loan Amount $910,000.00 Property Type Retail
Payment $4,929.82 Property Lease Financial Services
Bulding Size 2,700 SF Remaining Terms 15 Years

Health Insurance Credit Tenant Office Building

Credit Tenant Base with Extensive Lease Term – The rent roll consists of a handful of credit worthy tenants, which…

LTV (Loan to Value) 65.00% Current NOI $570,446.00
Interest Rate 4.250% Capital Rate 8.000%
Fixed Term 10 Years Land Area 4.79 Acres
Amortization 25 Years Lease Type Modified Gross
Loan Amount $4,634,873.75 Property Type Office
Payment $25,108.88 Property Lease Multi-Tenant
Bulding Size 51,265 SF Remaining Terms