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Investments

AutoZone (Ground Lease)

Long-Term Investment – This ground lease consists of a brand new fifteen (15) year term with four (4), five (5)…

LTV (Loan to Value) 65.00% Current NOI $80,000.00
Interest Rate 4.250% Capital Rate 5.000%
Fixed Term 10 Years Land Area 32,000.00 Acres
Amortization 25 Years Lease Type Absolute NNN - Ground Lease
Loan Amount $1,040,000.00 Property Type Retail
Payment $5,634.08 Property Lease Automotive
Bulding Size 7,000 SF Remaining Terms 15 Years

Staples

Remaining Lease Term - Seven (7) years remaining on a Fifteen (15) year lease term Commitment to Location - Staples…

LTV (Loan to Value) 65.00% Current NOI $49,928,150.00
Interest Rate 4.250% Capital Rate 5.700%
Fixed Term 10 Years Land Area 27,003.00 Acres
Amortization 25 Years Lease Type NN
Loan Amount $5,687,500.00 Property Type Retail
Payment $30,811.35 Property Lease Office Supplies
Bulding Size 12,835 SF Remaining Terms 6.8 Years

Hancock Fabrics

Mission Critical Location - The property is the company’s headquarter facility and the company’s sole distribution facility. 91% of all…

LTV (Loan to Value) 65.00% Current NOI $1,852,500.00
Interest Rate 4.250% Capital Rate 0.000%
Fixed Term 10 Years Land Area 64.50 Acres
Amortization 25 Years Lease Type 20 Years
Loan Amount $12,675,000.00 Property Type Industrial
Payment $68,665.30 Property Lease
Bulding Size 742,372 SF Remaining Terms

FedEx Ground Package System, Inc.

Ten Year Term – Ten (10) Year Initial Base Lease Term Commenced in June 2014Highly Passive Lease – Highly Passive…

LTV (Loan to Value) 65.00% Current NOI $1,028,548.00
Interest Rate 4.250% Capital Rate 6.250%
Fixed Term 10 Years Land Area 39.80 Acres
Amortization 25 Years Lease Type NN
Loan Amount $10,696,899.20 Property Type Industrial
Payment $57,949.18 Property Lease Warehouse
Bulding Size 177,956 SF Remaining Terms 8.8 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

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

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

National LTL Freight Carrier

Ten Year Term – Ten (10) Year Initial Base Lease Term Commenced in December 2013 – Approximately Eight and a…

LTV (Loan to Value) 65.00% Current NOI $378,200.00
Interest Rate 4.250% Capital Rate 6.550%
Fixed Term 10 Years Land Area 13.00 Acres
Amortization 25 Years Lease Type NN
Loan Amount $3,753,129.90 Property Type Industrial
Payment $20,332.13 Property Lease Terminal
Bulding Size 18,870 SF Remaining Terms 8.5 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

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