Occupying Tenant

Location

Original Loan Amount

Interest Rate

Maturity Date

3/31/2025

12/31/2024

Debt Service Coverage Ratios ("DSCR") Required

7-Eleven Corporation, Starbucks Corporation & Auburn University

Washington, D.C., Tampa, FL, and Huntsville, AL

$

11,287,500

(a)

4.17%

3/6/2030

$

10,602,711

$

10,602,711

1.25

General Services Administration-Navy & AYMCA

Norfolk, VA

8,260,000

(f)

6.15%

8/30/2029

7,070,667

7,119,184

1.25

PRA Holdings, Inc.

Norfolk, VA

5,216,749

(f)

6.15%

8/23/2029

4,380,897

4,410,949

1.25

Sherwin Williams Company

Tampa, FL

1,286,664

3.72%

(b)

8/10/2028

1,246,821

1,255,068

1.20

General Services Administration-FBI

Manteo, NC

928,728

(c)

3.85%

(d)

3/31/2032

885,068

891,071

1.50

Irby Construction

Plant City , FL

928,728

(c)

3.85%

(d)

3/31/2032

885,068

891,071

1.50

La-Z-Boy Inc.

Rockford, IL

2,100,000

3.85%

(d)

3/31/2032

2,001,273

2,014,851

1.50

Best Buy Co., Inc.

Grand Junction, CO

2,552,644

(c)

3.85%

(d)

3/31/2032

2,432,644

2,449,141

1.50

Fresenius Medical Care Holdings, Inc.

Chicago, IL

1,727,108

(c)

3.85%

(d)

3/31/2032

1,645,916

1,657,079

1.50

Starbucks Corporation

Tampa, FL

1,298,047

(c)

3.85%

(d)

3/31/2032

1,237,025

1,245,414

1.50

Kohl's Corporation

Tucson, AZ

3,964,745

(c)

3.85%

(d)

3/31/2032

3,778,361

3,803,985

1.50

City of San Antonio (PreK)

San Antonio, TX

6,444,000

(e)

7.47%

(b)

8/10/2028

6,297,705

6,323,628

1.50

Dollar General Market

Bakersfield, CA

2,428,000

(e)

7.47%

(b)

8/10/2028

2,372,878

2,382,646

1.50

Dollar General

Big Spring, TX

635,000

(e)

7.47%

(b)

8/10/2028

620,584

623,138

1.50

Dollar General

Castalia, OH

556,000

(e)

7.47%

(b)

8/10/2028

543,377

545,614

1.50

Dollar General

East Wilton, ME

726,000

(e)

7.47%

(b)

8/10/2028

709,518

712,439

1.50

Dollar General

Lakeside, OH

567,000

(e)

7.47%

(b)

8/10/2028

554,128

556,409

1.50

Dollar General

Litchfield, ME

624,000

(e)

7.47%

(b)

8/10/2028

609,834

612,344

1.50

Dollar General

Mount Gilead, OH

533,000

(e)

7.47%

(b)

8/10/2028

520,900

523,044

1.50

Dollar General

Thompsontown, PA

556,000

(e)

7.47%

(b)

8/10/2028

543,377

545,614

1.50

Dollar Tree Stores, Inc.

Morrow, GA

647,000

(e)

7.47%

(b)

8/10/2028

632,312

634,914

1.50

exp U.S. Services Inc.

Maitland, FL

2,950,000

(e)

7.47%

(b)

8/10/2028

2,883,028

2,894,895

1.50

General Services Administration

Vacaville, CA

1,293,000

(e)

7.47%

(b)

8/10/2028

1,263,646

1,268,847

1.50

Walgreens

Santa Maria, CA

3,041,000

(e)

7.47%

(b)

8/10/2028

2,971,962

2,984,195

1.50

Best Buy Co., Inc.

Ames, IA

2,495,000

6.29%

(b)

8/23/2029

2,495,000

2,495,000

1.50

Zaxby's

Sanford, FL

2,947,000

6.29%

5/14/2026

2,507,448

n/a

1.30

Dollar General

Cleveland, TN

1,350,000

3.50%

5/14/2026

1,246,390

n/a

1.25

Tractor Supply

Kernersville, NC

3,507,000

2.90%

10/22/2031

3,245,489

n/a

1.20

70,849,913

66,184,027

59,443,251

Less Debt Discount, net

(826,271

)

(317,978

)

Less Debt Issuance Costs, net

(742,825

)

(785,358

)

64,614,931

58,339,915