Archives: Investments

Investments

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

CVS Pharmacy – Portfolio of 5

Location – High barriers to entry – These properties are located on irreplaceable signalized hard corners within high density retail…

LTV (Loan to Value) 65.00% Current NOI $200,969,171.00
Interest Rate 4.250% Capital Rate 5.850%
Fixed Term 10 Years Land Area 9.22 Acres
Amortization 25 Years Lease Type NNN
Loan Amount $22,360,000.00 Property Type Retail
Payment $121,132.64 Property Lease Drug Store
Bulding Size 56,339 SF Remaining Terms 13 Years

VA Outpatient Clinic (Zero Cash Flow)

Twenty (20) year firm lease term with no termination optionsProperty is 100% leased to the Department of Veterans Affairs and…

LTV (Loan to Value) 65.00% Current NOI $1,672,239.00
Interest Rate 4.250% Capital Rate 0.000%
Fixed Term 10 Years Land Area 9.70 Acres
Amortization 25 Years Lease Type Modified Gross
Loan Amount $22,100,000.00 Property Type Medical
Payment $119,724.12 Property Lease Medical Office
Bulding Size 71,259 SF Remaining Terms 19.25 Years

Domino’s Refrigerated Distribution Center Portfolio of 4

Investment Grade Tenant Credit – Leases are guaranteed by Domino’s Pizza, Inc. (NYSE: DPZ), which has a credit rating of…

LTV (Loan to Value) 65.00% Current NOI $1,948,000.00
Interest Rate 4.250% Capital Rate 5.750%
Fixed Term 10 Years Land Area
Amortization 25 Years Lease Type
Loan Amount $22,020,869.00 Property Type
Payment $119,295.44 Property Lease
Bulding Size 158,703 SF Remaining Terms

Verizon Wireless

Corporate Tenant Credit – Verizon Wireless is an operating segment of Verizon Communications, Inc. (NYSE: VZ), the largest U.S. wireless…

LTV (Loan to Value) 65.00% Current NOI $1,845,750.00
Interest Rate 4.250% Capital Rate 6.500%
Fixed Term 10 Years Land Area +/- 17.55 Acres
Amortization 25 Years Lease Type NNN
Loan Amount $18,455,550.10 Property Type Office
Payment $99,980.75 Property Lease Call Center
Bulding Size 0 SF Remaining Terms Approx. 11.5 Years

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

The Mosaic Company

Fortune 500 Tenant – The Mosaic Company is the world's largest combined producer of phosphates and potash providing value from…

LTV (Loan to Value) 65.00% Current NOI $1,770,695.00
Interest Rate 4.250% Capital Rate 7.500%
Fixed Term 10 Years Land Area +/-7.94 Acres
Amortization 25 Years Lease Type NNN
Loan Amount $15,345,850.00 Property Type Office
Payment $83,134.32 Property Lease Single-Tenant
Bulding Size 0 SF Remaining Terms +/- 5.5 Years

Bright Horizons

Net Lease, Annual Increases – Lease includes annual CPI rental adjustments with a max increase of 3% per year. Tenant…

LTV (Loan to Value) 65.00% Current NOI $1,340,256.00
Interest Rate 4.250% Capital Rate 6.650%
Fixed Term 10 Years Land Area 2.99 Acres
Amortization 25 Years Lease Type NNN
Loan Amount $13,097,500.00 Property Type Office
Payment $70,954.15 Property Lease Educational Facility
Bulding Size 49,956 SF Remaining Terms

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

CVS Pharmacy Portfolio of 6

Investment Grade Credit – The properties are leased to and guaranteed by CVS Corporation, now CVS Health Corporation, which is…

LTV (Loan to Value) 65.00% Current NOI $0.00
Interest Rate 4.250% Capital Rate 7.250%
Fixed Term 10 Years Land Area
Amortization 25 Years Lease Type NNN
Loan Amount $12,460,500.00 Property Type Retail
Payment $67,503.28 Property Lease Drugstore
Bulding Size 0 SF Remaining Terms