Investments
Walgreen Co.
14 Years Remaining of Base Lease Term – The Property features a 25 year base lease with more than 14…
LTV (Loan to Value) | 65.00% | Current NOI | $294,348.00 |
Interest Rate | 4.250% | Capital Rate | 5.850% |
Fixed Term | 10 Years | Land Area | 2.50 Acres |
Amortization | 25 Years | Lease Type | NNN |
Loan Amount | $3,270,475.00 | Property Type | Retail |
Payment | $17,717.41 | Property Lease | Drug Store |
Bulding Size | 14,726 SF | Remaining Terms | 14 Years |
Ivy Preparatory Academy
Construction – The Property consists of two Class A construction office buildings.Passive Modified Gross Lease – With the Landlord only…
LTV (Loan to Value) | 65.00% | Current NOI | $490,000.00 |
Interest Rate | 4.250% | Capital Rate | 9.500% |
Fixed Term | 10 Years | Land Area | 3.54 Acres |
Amortization | 25 Years | Lease Type | Modified Gross |
Loan Amount | $3,797,300.00 | Property Type | Office |
Payment | $20,571.42 | Property Lease | State Sponsored Charter School |
Bulding Size | 0 SF | Remaining Terms | 9 Years |
Dollar General
Long Lease Term - Fifteen (15) year lease with Five (5), Five (5) year renewal optionsNo Landlord Responsibility - Absolute…
LTV (Loan to Value) | 65.00% | Current NOI | $76,644.00 |
Interest Rate | 4.250% | Capital Rate | 6.450% |
Fixed Term | 10 Years | Land Area | 1.14 Acre |
Amortization | 25 Years | Lease Type | NNN |
Loan Amount | $772,850.00 | Property Type | Retail |
Payment | $4,186.82 | Property Lease | Discount |
Bulding Size | 9,100 SF | Remaining Terms | 15 Years |
Family Dollar
Trade Area's Market Leader - Family Dollar's strongest stores have historically been located in smaller markets without competition from national…
LTV (Loan to Value) | 65.00% | Current NOI | $131,354.00 |
Interest Rate | 4.250% | Capital Rate | 7.000% |
Fixed Term | 10 Years | Land Area | +/- 1.78 Acres |
Amortization | 25 Years | Lease Type | NN |
Loan Amount | $1,219,725.00 | Property Type | Retail |
Payment | $6,607.72 | Property Lease | Discount |
Bulding Size | 0 SF | Remaining Terms | 10 Years |
CVS Pharmacy
Investment Grade Credit – The property is leased to and guaranteed by CVS Health Corporation, an investment grade company with…
LTV (Loan to Value) | 65.00% | Current NOI | $215,727.00 |
Interest Rate | 4.250% | Capital Rate | 6.250% |
Fixed Term | 10 Years | Land Area | 1.37 Acre |
Amortization | 25 Years | Lease Type | NNN |
Loan Amount | $2,243,800.00 | Property Type | Retail |
Payment | $12,155.52 | Property Lease | Drug Store |
Bulding Size | 10,000 SF | Remaining Terms | +/- 7.5 Years |
Floor & Décor | Arhaus Furniture
High Residual Value Real Estate – The Property’s underlying real estate retains a high residual value given its location, trade…
LTV (Loan to Value) | 65.00% | Current NOI | $946,446.00 |
Interest Rate | 4.250% | Capital Rate | 8.530% |
Fixed Term | 10 Years | Land Area | 12.24 Acres |
Amortization | 25 Years | Lease Type | NNN |
Loan Amount | $7,215,000.00 | Property Type | Retail |
Payment | $39,086.40 | Property Lease | Home Furnishings |
Bulding Size | 118,161 SF | Remaining Terms | 5.5 Years |
McAlister’s Deli
Southwest Deli Group, Inc. – This franchisee is approximately eleven years old and currently has Seventeen (17) McAlister’s Deli locations…
LTV (Loan to Value) | 65.00% | Current NOI | $149,264.00 |
Interest Rate | 4.250% | Capital Rate | 6.150% |
Fixed Term | 10 Years | Land Area | +/- 0.820 Acres |
Amortization | 25 Years | Lease Type | NN |
Loan Amount | $1,577,550.00 | Property Type | Retail |
Payment | $8,546.19 | Property Lease | Restaurant |
Bulding Size | 0 SF | Remaining Terms |
Walgreens
Best-in-Class Guaranty by Walgreen Co. (NASDAQ: WBA) – FY2014 (ended August 31, 2014) revenue of $76.39 billion and net income…
LTV (Loan to Value) | 65.00% | Current NOI | $368,000.00 |
Interest Rate | 4.250% | Capital Rate | 5.850% |
Fixed Term | 10 Years | Land Area | +/- 1.23 Acres |
Amortization | 25 Years | Lease Type | NNN |
Loan Amount | $4,088,888.70 | Property Type | Retail |
Payment | $22,151.07 | Property Lease | Drug Store |
Bulding Size | 0 SF | Remaining Terms | Approx. 19 Years |
Danver’s Restaurant
The property has an 11 year lease term with Danver’s Restaurant, a proven operator with 5 locations in the Memphis…
LTV (Loan to Value) | 65.00% | Current NOI | $12,900,000.00 |
Interest Rate | 4.250% | Capital Rate | 8.000% |
Fixed Term | 10 Years | Land Area | +/- 44,506 Acres |
Amortization | 25 Years | Lease Type | NNN |
Loan Amount | $1,048,125.00 | Property Type | Retail |
Payment | $5,678.09 | Property Lease | Food Service |
Bulding Size | 0 SF | Remaining Terms | 11.75 Years |
Wendy’s
15+ Years Base Term Remaining with 2, 5-Year Options Recent 10-Year Lease Extension Signaling Strong Commitment to Location Absolute NNN…
LTV (Loan to Value) | 65.00% | Current NOI | $111,320.00 |
Interest Rate | 4.250% | Capital Rate | 6.000% |
Fixed Term | 10 Years | Land Area | +/- 0.474 Acres |
Amortization | 25 Years | Lease Type | NNN |
Loan Amount | $1,205,966.45 | Property Type | Retail |
Payment | $6,533.18 | Property Lease | Food Service |
Bulding Size | 0 SF | Remaining Terms | Approx. 16 Years |