Applebee’s Location: Tallahassee, FL Price: $4,750,000 Lease Area: 3,300 sq. ft. Invesment Date: Q4’18 Cap Rate: 6.5% Occupancy Rate: 100% Annual Cash: $308,000 Lease term: 10 years Projected IRR: 11%
Arbys Location: Orlando, FL Price: $3,500,000 Lease Area: 4,750 sq. ft. Invesment Date: Q3’19 Cap Rate: 5.2% Occupancy Rate: 100% Annual Cash: $182,000 Lease term: 15 years Projected IRR: 8.0%
BOJANGLES Location: Saint Augustine, FL Price: $3284000 Lease Area: 3,279 sq. ft. Invesment Date: Q3’22 Cap Rate: 4.75% Occupancy Rate: 100% Annual Cash: $156000 Lease term: 15 years Projected IRR: 12.4%%
Exxon Location: Atlanta, GA Price: $3,150,000 Lease Area: 95,000 sq. ft. Invesment Date: Q4'19 Cap Rate: 7.1% Occupancy Rate: 100% Annual Cash: $224,000 Lease term: 20 years Projected IRR: 13.0%