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Investments

FedEx Ground

The Property is 100% leased and guaranteed by FedEx Ground, the most profitable division of the FedEx Corporation, with 2015…

LTV (Loan to Value) 65.00% Current NOI $391,522.00
Interest Rate 4.250% Capital Rate 6.400%
Fixed Term 10 Years Land Area 6.89 Acres
Amortization 25 Years Lease Type NN
Loan Amount $3,976,700.00 Property Type Industrial
Payment $21,543.30 Property Lease Warehouse & Sorting Facility
Bulding Size 37,157 SF Remaining Terms 9.5 Years

Layne Christensen

Strong Tenant - Layne Christensen (NASDAQ: LAYN) reported gross revenue of $797 million and net worth of $181 million for…

LTV (Loan to Value) 65.00% Current NOI $215,400.00
Interest Rate 4.250% Capital Rate 11.000%
Fixed Term 10 Years Land Area +/-6.13 Acres
Amortization 25 Years Lease Type NN
Loan Amount $1,272,817.65 Property Type Industrial
Payment $6,895.34 Property Lease Warehouse
Bulding Size 0 SF Remaining Terms Five (5) Years

TCi Tire Center

Long-Term Lease – The lease features a base lease term of ten (10) years NNN Lease Structure – Lease feature…

LTV (Loan to Value) 65.00% Current NOI $174,000.00
Interest Rate 4.250% Capital Rate 7.000%
Fixed Term 10 Years Land Area 4.71 Acres
Amortization 25 Years Lease Type NNN
Loan Amount $1,615,900.00 Property Type Industrial
Payment $8,753.95 Property Lease Warehouse
Bulding Size 29,970 SF Remaining Terms 8 Years

United Site Services

Long-Term Lease – The lease features +/- 8.9 years remaining on a 10 year base term NNN Lease Structure –…

LTV (Loan to Value) 65.00% Current NOI $53,469.00
Interest Rate 4.250% Capital Rate 7.000%
Fixed Term 10 Years Land Area 2.50 Acres
Amortization 25 Years Lease Type NNN
Loan Amount $496,497.95 Property Type Industrial
Payment $2,689.72 Property Lease Retail
Bulding Size 3,200 SF Remaining Terms +/- 8.9 Years

Multi-Chem (Halliburton Energy Services, Inc.)

Best-In-Class Tenant & Guarantor – Halliburton Energy Services, Inc. provides unparalleled technical expertise and superior local service. The guarantor, Halliburton…

LTV (Loan to Value) 65.00% Current NOI $348,797.00
Interest Rate 4.250% Capital Rate 10.000%
Fixed Term 10 Years Land Area 12.00 Acres
Amortization 25 Years Lease Type NN
Loan Amount $2,275,000.00 Property Type Industrial
Payment $12,324.54 Property Lease Warehouse
Bulding Size 12,118 SF Remaining Terms 6+ Years

ProTrans International

Solid Credit Tenant - ProTrans is an autoparts institution, with strong historic financial performance. ProTrans reported $192 million in annual…

LTV (Loan to Value) 65.00% Current NOI $360,000.00
Interest Rate 4.250% Capital Rate 7.200%
Fixed Term 10 Years Land Area
Amortization 25 Years Lease Type
Loan Amount $3,250,000.00 Property Type Industrial
Payment $17,606.49 Property Lease Warehouse
Bulding Size 0 SF Remaining Terms

Pipeline Supply & Service, LLC

New Building - The subject Property was constructed in 2013Well Capitalized Company – The Tenant is a portfolio company of…

LTV (Loan to Value) 65.00% Current NOI $78,300.00
Interest Rate 4.250% Capital Rate 10.950%
Fixed Term 10 Years Land Area
Amortization 25 Years Lease Type NN
Loan Amount $464,750.00 Property Type Industrial
Payment $2,517.73 Property Lease Warehouse
Bulding Size 7,500 SF Remaining Terms

Progressive Converting, Inc.

15 Year Primary Term – The lease will feature a brand new 15 year base term.Absolute NNN Lease – There…

LTV (Loan to Value) 65.00% Current NOI $1,875,304.00
Interest Rate 4.250% Capital Rate 7.000%
Fixed Term 10 Years Land Area +/- 24.64 Acres
Amortization 25 Years Lease Type NNN (absolute)
Loan Amount $17,413,500.00 Property Type Industrial
Payment $94,335.56 Property Lease Warehouse
Bulding Size 0 SF Remaining Terms Fifteen (15) Years

JM Eagle Manufacturing Facility

9 Years of Base Lease Remaining – Property has approximately nine (9) years of base term remaining through March 31,…

LTV (Loan to Value) 65.00% Current NOI $107,676.00
Interest Rate 4.250% Capital Rate 11.960%
Fixed Term 10 Years Land Area 11.50 Acres
Amortization 25 Years Lease Type NNN
Loan Amount $585,000.00 Property Type Industrial
Payment $3,169.17 Property Lease Warehouse
Bulding Size 100,000 SF Remaining Terms +/- 9 Years

Bridon Cordage

Proximity to Major Arterials Providing Access to Major Midwest Cities – Property is located in close proximity of U.S. Route…

LTV (Loan to Value) 65.00% Current NOI $414,710.00
Interest Rate 4.250% Capital Rate 0.000%
Fixed Term 10 Years Land Area +/- 16.98 Acres
Amortization 25 Years Lease Type Gross
Loan Amount $3,903,900.00 Property Type Industrial
Payment $21,148.91 Property Lease Light Assembly
Bulding Size 0 SF Remaining Terms Approx. 3 Years