Our Strategies
LEASES
TENANTS
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Creditworthy but have not been rated by the agencies. (Non-credit credit tenants)
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Amazon-proof tenants that require customers to physically come to the store to experience the service
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Have higher Capital Expenditure on site, higher switching cost
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Below Market Rent: tenant should be paying at least 20% below current market rents which give us negotiating leverage when the lease ends
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Long remaining lease term: having a minimum of 5 years left on the lease guarantees a stable revenue stream upfront and favorable financing terms
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Qualified Guarantor: Either corporate guarantor or individuals with a net worth of at least 3x the total lease payout
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Inflation Hedge: annual increases to reflect the changing economic conditions
MARKETS
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Within 3 miles - at least 65k population and $65k household income
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Construction barriers or scarce land for long-term price appreciation
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Major office and residential markets with a lack of retail supply
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Strong and stable demand like hospitals, colleges, government, and tourism destinations
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Gentrifying areas with improving demographics and new construction projects