Archives: Investments

Investments

CVS Pharmacy

Strong Credit & Growing Company – CVS has investment grade credit and strong financials. As of June 2015, CVS reached…

LTV (Loan to Value) 65.00% Current NOI $225,000.00
Interest Rate 4.250% Capital Rate 5.000%
Fixed Term 10 Years Land Area 1.50 Acre
Amortization 25 Years Lease Type NNN
Loan Amount $2,925,000.00 Property Type Retail
Payment $15,845.84 Property Lease Drug Store
Bulding Size 10,112 SF Remaining Terms 25 Years

Walmart Neighborhood Market

Extremely Strong Corporate Guaranty – Lease guaranteed by Wal-Mart Stores, Inc. with Standard & Poor’s rating of AA and Moody’s…

LTV (Loan to Value) 65.00% Current NOI $725,950.00
Interest Rate 4.250% Capital Rate 5.000%
Fixed Term 10 Years Land Area 7.00 Acres
Amortization 25 Years Lease Type NNN
Loan Amount $9,437,350.00 Property Type Retail
Payment $51,125.72 Property Lease Grocery
Bulding Size 41,117 SF Remaining Terms 20 Years

Walmart Neighborhood Market

Extremely Strong Corporate Guaranty – Lease guaranteed by Wal-Mart Stores, Inc. with Standard & Poor’s rating of AA and Moody’s…

LTV (Loan to Value) 65.00% Current NOI $661,861.00
Interest Rate 4.250% Capital Rate 5.000%
Fixed Term 10 Years Land Area 6.55 Acres
Amortization 25 Years Lease Type Modified NNN
Loan Amount $8,606,000.00 Property Type Retail
Payment $46,621.98 Property Lease Grocery
Bulding Size 41,117 SF Remaining Terms 20 Years

Noah’s Event Center

Tenant -Noah's is the first company in the U.S. to build a national chain of event centers. Noah's is a…

LTV (Loan to Value) 65.00% Current NOI $415,385.00
Interest Rate 4.250% Capital Rate 8.250%
Fixed Term 10 Years Land Area +/- 1.792 Acres
Amortization 25 Years Lease Type NNN
Loan Amount $3,272,730.50 Property Type Retail
Payment $17,729.63 Property Lease Entertainment
Bulding Size 0 SF Remaining Terms 20 Years

Noah’s Event Center

Tenant - Noah’s is the first company in the U.S. to build a national chain of event centers. Noah’s is…

LTV (Loan to Value) 65.00% Current NOI $411,477.00
Interest Rate 4.250% Capital Rate 8.250%
Fixed Term 10 Years Land Area 1.94 Acre
Amortization 25 Years Lease Type NNN
Loan Amount $3,241,940.00 Property Type Retail
Payment $17,562.82 Property Lease Event Center
Bulding Size 10,288 SF Remaining Terms 19.62 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

CVS Pharmacy

CVS Credit Strength – The subject property is currently leased to CVS Health (S&P: BBB+). CVS is considered to be…

LTV (Loan to Value) 65.00% Current NOI $223,968.00
Interest Rate 4.250% Capital Rate 5.500%
Fixed Term 10 Years Land Area 1.36 Acre
Amortization 25 Years Lease Type NN
Loan Amount $2,646,887.10 Property Type Retail
Payment $14,339.20 Property Lease Drug Store
Bulding Size 11,945 SF Remaining Terms 17.7 Years

Logan’s Roadhouse

Long-Term Lease - Seventeen (17) years remaining on the current lease with a 2017 rental increase of 10% bringing the…

LTV (Loan to Value) 65.00% Current NOI $229,000.00
Interest Rate 4.250% Capital Rate 7.000%
Fixed Term 10 Years Land Area +/- 1.5 Acres
Amortization 25 Years Lease Type NNN
Loan Amount $2,126,150.00 Property Type Retail
Payment $11,518.16 Property Lease Food Service
Bulding Size 0 SF Remaining Terms 17 Years

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

Dollar General

NNN Investment – Absolute net lease. Tenant is responsible for all expenses including roof, structure, taxes, insurance, and common area…

LTV (Loan to Value) 65.00% Current NOI $82,472.00
Interest Rate 4.250% Capital Rate 6.450%
Fixed Term 10 Years Land Area 1.40 Acre
Amortization 25 Years Lease Type NNN
Loan Amount $831,155.00 Property Type Retail
Payment $4,502.68 Property Lease Dollar Store
Bulding Size 9,026 SF Remaining Terms 15 Years