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Investments

DaVita Dialysis

Strong Corporate Guaranty - (NYSE: DVA) The lease is guaranteed by DaVita HealthCare Partners, Inc., which reported nearly $13 billion…

LTV (Loan to Value) 65.00% Current NOI $225,945.00
Interest Rate 4.250% Capital Rate 5.750%
Fixed Term 10 Years Land Area 1.02 Acre
Amortization 25 Years Lease Type NN
Loan Amount $2,554,175.00 Property Type Medical
Payment $13,836.94 Property Lease Office
Bulding Size 7,315 SF Remaining Terms 15 Years

World’s Largest Hamburger Chain (Ground Lease)

18+ Years Remaining – Over 18 years remain on the primary term. The building is brand new with McDonald's new…

LTV (Loan to Value) 65.00% Current NOI $111,000.00
Interest Rate 4.250% Capital Rate 3.850%
Fixed Term 10 Years Land Area +/- 0.8322 Acres
Amortization 25 Years Lease Type NNN (Absolute) Ground Lease
Loan Amount $1,875,250.00 Property Type Retail
Payment $10,158.94 Property Lease Food Service
Bulding Size 0 SF Remaining Terms Approx. 18 Years

CVS Pharmacy (Ground Lease)

Approx. 16 Years Base Lease Term Remaining – The ground leased Property was improved with the construction of a CVS…

LTV (Loan to Value) 65.00% Current NOI $140,000.00
Interest Rate 4.250% Capital Rate 5.000%
Fixed Term 10 Years Land Area 1.69 Acre
Amortization 25 Years Lease Type Absolute NNN (GL)
Loan Amount $1,820,000.00 Property Type Retail
Payment $9,859.63 Property Lease Drug Store
Bulding Size 13,013 SF Remaining Terms +/- 16 Years

Noah’s Event Center

Tenant - Noah’s is the first company in the U.S. to build a national chain of event centers. Noah’s is…

LTV (Loan to Value) 65.00% Current NOI $411,477.00
Interest Rate 4.250% Capital Rate 8.250%
Fixed Term 10 Years Land Area 1.94 Acre
Amortization 25 Years Lease Type NNN
Loan Amount $3,241,940.00 Property Type Retail
Payment $17,562.82 Property Lease Event Center
Bulding Size 10,288 SF Remaining Terms 19.62 Years

Flowserve

NN Lease – Landlord responsible for roof, structure, foundation and parking lotTerm and Options - Brand new ten (10) year…

LTV (Loan to Value) 65.00% Current NOI $188,766.00
Interest Rate 4.250% Capital Rate 7.500%
Fixed Term 10 Years Land Area 2.00 Acres
Amortization 25 Years Lease Type NN
Loan Amount $1,635,973.95 Property Type Industrial
Payment $8,862.69 Property Lease Warehouse
Bulding Size 15,000 SF Remaining Terms 10 Years

Lowe’s Ground Lease & Out Parcels

Corporate Guaranty – Oneonta ground lease is corporately guaranteed by Lowe’s Companies, Inc. With a net worth of more than…

LTV (Loan to Value) 65.00% Current NOI $0.00
Interest Rate 4.250% Capital Rate 0.000%
Fixed Term 10 Years Land Area 21.42 Acres
Amortization 25 Years Lease Type NNN
Loan Amount $3,427,450.00 Property Type Retail
Payment $18,567.80 Property Lease Home Improvement
Bulding Size 138,134 SF(166,563 SF including garden center) Remaining Terms More than 10 Years

Bridgestone/Firestone (Leasehold)

Long Lease Term - Just over Twelve and One-Half (12-1/2) years remaining on a Twenty (20) year base lease term.…

LTV (Loan to Value) 65.00% Current NOI $140,257.00
Interest Rate 4.250% Capital Rate 8.000%
Fixed Term 10 Years Land Area 1.42 Acre
Amortization 25 Years Lease Type NN
Loan Amount $1,139,580.00 Property Type Retail
Payment $6,173.54 Property Lease Automotive
Bulding Size 7,653 SF Remaining Terms 12.50 Years

FedEx Ground

Credit – FedEx Ground is a subsidiary of the world’s largest commerce provider, FedEx Corp, and its parent has an…

LTV (Loan to Value) 65.00% Current NOI $0.00
Interest Rate 4.250% Capital Rate 0.000%
Fixed Term 10 Years Land Area 27.30 Acres
Amortization 25 Years Lease Type NN
Loan Amount $50,573,355.95 Property Type Industrial
Payment $273,975.14 Property Lease Warehouse/Sort Distribution
Bulding Size 269,204 SF Remaining Terms 12 Years

FedEx Ground Package System, Inc.

Credit – FedEx Ground Package System, Inc. is the highest yielding, most profitable and fastest growing of the four FedEx…

LTV (Loan to Value) 65.00% Current NOI $1,004,978.00
Interest Rate 4.250% Capital Rate 5.750%
Fixed Term 10 Years Land Area 29.81 Acres
Amortization 25 Years Lease Type NN
Loan Amount $11,360,621.35 Property Type Industrial
Payment $61,544.81 Property Lease Warehouse/Distribution
Bulding Size 208,361 SF Remaining Terms 15 Years

Culver’s

Lengthy Lease Term – New 15-year, absolute NNN lease. There are no Landlord maintenance obligations. Rent Increases – Rent increases…

LTV (Loan to Value) 65.00% Current NOI $0.00
Interest Rate 4.250% Capital Rate 5.750%
Fixed Term 10 Years Land Area +/- 1.035 Acres
Amortization 25 Years Lease Type Absolute NNN
Loan Amount $2,239,250.00 Property Type Retail
Payment $12,130.87 Property Lease Food Service
Bulding Size 0 SF Remaining Terms Approx. 15 Years