Master tenant income is projected at $4,890,945, supporting investor distributions starting at 4.6% in Year 1. Master tenant reserves are funded upfront at $275,000 (0.31% of offering equity).
Ongoing fee rates
Asset Mgmt Fee (annual)
$447,585
Master Tenant Income
$4,890,945
Strengths
- $4,890,945 in annual master tenant income
- Master tenant reserve capitalization of $275,000
Concerns
- Single-tenant net lease dependency across individual asset locations