Archives: Investments

Investments

Walmart Neighborhood Market

Extremely Strong Corporate Guaranty – Lease guaranteed by Wal-Mart Stores, Inc. with Standard & Poor’s rating of AA and Moody’s…

LTV (Loan to Value) 65.00% Current NOI $661,861.00
Interest Rate 4.250% Capital Rate 5.000%
Fixed Term 10 Years Land Area 6.55 Acres
Amortization 25 Years Lease Type Modified NNN
Loan Amount $8,606,000.00 Property Type Retail
Payment $46,621.98 Property Lease Grocery
Bulding Size 41,117 SF Remaining Terms 20 Years

Family Dollar

Minimum Landlord Responsibilities - The lease is NN with landlord only responsible for roof & structure Newer Lease - Family…

LTV (Loan to Value) 65.00% Current NOI $64,600.00
Interest Rate 4.250% Capital Rate 9.000%
Fixed Term 10 Years Land Area 1.24 Acre
Amortization 25 Years Lease Type NN
Loan Amount $468,000.00 Property Type Retail
Payment $2,535.33 Property Lease Dollar Store
Bulding Size 9,180 SF Remaining Terms +/- 5 Years

Fresh Thyme Farmers Market | Comcast

Class A, Grocery-Anchored Retail Asset – New 15-year lease w/Fresh Thyme makes Property a major draw for the trade area…

LTV (Loan to Value) 65.00% Current NOI $558,702.00
Interest Rate 4.250% Capital Rate 6.250%
Fixed Term 10 Years Land Area +/- 3.78 Acres
Amortization 25 Years Lease Type NNN
Loan Amount $5,810,504.70 Property Type Retail
Payment $31,477.72 Property Lease Grocery/Retail
Bulding Size 0 SF Remaining Terms Approx. 14.75 Years

Newalta Environmental Services, Inc.

Strong Tenant - Industrial property 100% leased to Newalta Corporation which had total revenue of $747.31 million and an adjusted…

LTV (Loan to Value) 65.00% Current NOI $256,632.00
Interest Rate 4.250% Capital Rate 7.750%
Fixed Term 10 Years Land Area +/- 7.0 Acres
Amortization 25 Years Lease Type NNN
Loan Amount $2,152,397.65 Property Type industrial
Payment $11,660.36 Property Lease Warehouse
Bulding Size 0 SF Remaining Terms 10 Years

Rite Aid Portfolio of 5

100% Leased to Rite Aid Corp. (NYSE: RAD) - Rite Aid Corp is the largest drugstore chain on the East…

LTV (Loan to Value) 65.00% Current NOI $1,310,985.00
Interest Rate 4.250% Capital Rate 7.500%
Fixed Term 10 Years Land Area 7.97 Acres
Amortization 25 Years Lease Type NNN
Loan Amount $11,361,870.00 Property Type Retail
Payment $61,551.58 Property Lease Drug Store
Bulding Size 57,141 SF Remaining Terms 5.5 Years (on each lease)

Valvoline Instant Oil Change

Well-Recognized Brand – Valvoline Instant Oil Change (VIOC) operates more than 900 oil change centers across 41 US states and…

LTV (Loan to Value) 65.00% Current NOI $102,895.00
Interest Rate 4.250% Capital Rate 8.000%
Fixed Term 10 Years Land Area +/- 0.04 Acres
Amortization 25 Years Lease Type NNN
Loan Amount $835,900.00 Property Type Retail
Payment $4,528.39 Property Lease Automotive
Bulding Size 0 SF Remaining Terms +/- 17.5 Years

Lumber Liquidators

Brand New StoreThis is a new buildout with a showroom for displaying products and a small warehouse for storage. New…

LTV (Loan to Value) 65.00% Current NOI $88,000.00
Interest Rate 4.250% Capital Rate 7.240%
Fixed Term 10 Years Land Area 1.38 Acre
Amortization 25 Years Lease Type NN
Loan Amount $789,750.00 Property Type Retail
Payment $4,278.38 Property Lease Home Furnishings
Bulding Size 6,400 SF Remaining Terms 7 Years

Georgia Fitness

Master Leased Multi-Tenant Asset - Rare opportunity to acquire a master leased multi-tenant asset allowing tenant diversity with very limited…

LTV (Loan to Value) 65.00% Current NOI $345,888.00
Interest Rate 4.250% Capital Rate 8.000%
Fixed Term 10 Years Land Area +/- 4.17 Acres
Amortization 25 Years Lease Type NN
Loan Amount $3,315,000.00 Property Type Retail
Payment $17,958.62 Property Lease Fitness Center
Bulding Size 0 SF Remaining Terms +/- 10 Years

Logan’s Roadhouse

Long-Term Lease - Seventeen (17) years remaining on the current lease with a 2017 rental increase of 10% bringing the…

LTV (Loan to Value) 65.00% Current NOI $229,000.00
Interest Rate 4.250% Capital Rate 7.000%
Fixed Term 10 Years Land Area +/- 1.5 Acres
Amortization 25 Years Lease Type NNN
Loan Amount $2,126,150.00 Property Type Retail
Payment $11,518.16 Property Lease Food Service
Bulding Size 0 SF Remaining Terms 17 Years

Party City

Long Term Lease - Brand new Ten (10) year lease term commencing in November 2014 New Construction Property - Construction…

LTV (Loan to Value) 65.00% Current NOI $150,000.00
Interest Rate 4.250% Capital Rate 7.250%
Fixed Term 10 Years Land Area 0.29 Acres
Amortization 25 Years Lease Type NN
Loan Amount $1,344,850.00 Property Type Retail
Payment $7,285.56 Property Lease Party Supply
Bulding Size 12,000 SF Remaining Terms 10 Years