Master tenant income is reported at $9,916,263, supporting a projected full-term average income distribution of 4.48% with a 3x coverage metric.
Ongoing fee rates
Master Tenant Income
$9,916,263
Strengths
- Reported master tenant income of $9,916,263
- Reported DSCR metric of 3x
Concerns
- Average full-term yield projected at 4.48%
- Underlying property occupancy and historical revenues are not disclosed