Archives: Investments

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