Property Characteristics:

  • Single tenant net lease development projects
  • Property types include retail, restaurant, medical, industrial and office.
  • Projects may be located anywhere in the U.S. (the stronger the credit tenant and the longer the lease, the smaller the market).
  • Fully entitled, ready-to-start projects with minimal/identified environmental risk.

Investment Parameters:

  • Fund up to 100% of project’s equity, not to exceed 20% of project costs.
  • Minimum project budget per property: $500,000; maximum: $10 million.
  • Holding period: 1 to 1-1/2 years.

Tenant Requirements:

  • Recognizable NNN tenants (investment-grade or proven history of liquidity in NNN market).
  • Minimum lease term of 10 years.
  • Marketable lease format (NN considered if credit tenant)

Developer Characteristics:

  • Have a tenant relationship that can expand to multiple projects.
  • Have the construction and development expertise to handle the proposed project.

Property Characteristics:

  • Single tenant net lease development projects
  • Property types include retail, restaurant, medical, industrial and office.
  • Projects may be located anywhere in the U.S. (the stronger the credit tenant and the longer the lease, the smaller the market).
  • Fully entitled, ready-to-start projects with minimal/identified environmental risk.

Investment Parameters:

  • Fund up to 100% of project’s equity, not to exceed 20% of project costs.
  • Minimum project budget per property: $500,000; maximum: $10 million.
  • Holding period: 1 to 1-1/2 years.

Tenant Requirements:

  • Recognizable NNN tenants (investment-grade or proven history of liquidity in NNN market).
  • Minimum lease term of 10 years.
  • Marketable lease format (NN considered if credit tenant)

Developer Characteristics:

  • Have a tenant relationship that can expand to multiple projects.
  • Have the construction and development expertise to handle the proposed project.