Archives: Investments

Investments

United States Postal Service (USPS)

Strong Commitment to Building - Almost 17 years remain on the firm lease term providing long-term income stability. Government-Backed Lease…

LTV (Loan to Value) 65.00% Current NOI $0.00
Interest Rate 4.250% Capital Rate 6.230%
Fixed Term 10 Years Land Area +/- 2.15 Acres
Amortization 25 Years Lease Type NN
Loan Amount $1,105,000.00 Property Type Public/Government
Payment $5,986.21 Property Lease Gov Offices
Bulding Size 0 SF Remaining Terms 17 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

Imagine Schools

Remaining Term – The original lease term was 10 years, and there are five full years of lease term remaining.…

LTV (Loan to Value) 65.00% Current NOI $480,000.00
Interest Rate 4.250% Capital Rate 7.740%
Fixed Term 10 Years Land Area +/- 3.86 Acres
Amortization 25 Years Lease Type NNN
Loan Amount $4,030,000.00 Property Type Public/Government
Payment $21,832.05 Property Lease Education
Bulding Size 0 SF Remaining Terms 5 Years

Bureau of Land Management

100% Leased to and Guaranteed by the US Department of the Interior's Bureau of Land Management (GSA) - Mission Critical…

LTV (Loan to Value) 65.00% Current NOI $0.00
Interest Rate 4.250% Capital Rate 6.880%
Fixed Term 10 Years Land Area 3.51 Acres
Amortization 25 Years Lease Type NNN
Loan Amount $2,579,715.45 Property Type Public/Government
Payment $13,975.30 Property Lease Government Offices
Bulding Size 18,813 SF Remaining Terms Approx. 9.5 Years

State of Texas – Dept. of Criminal Justice

Best-in-Class Tenant - The property is 100% leased to the State of Texas which boasts a credit rating of AAA…

LTV (Loan to Value) 65.00% Current NOI $470,584.00
Interest Rate 4.250% Capital Rate 7.000%
Fixed Term 10 Years Land Area 1.34 Acre
Amortization 25 Years Lease Type NN
Loan Amount $4,369,708.20 Property Type Public/Government
Payment $23,672.37 Property Lease Government
Bulding Size 23,604 SF Remaining Terms 9 Years