Occupying Tenant

Property Location

Original Loan Amount

Interest Rate at 12/31/2025

Maturity Date

Balance at 12/31/2025

Balance at 12/31/2024

Debt Service Coverage Ratios ("DSCR") Required

7-Eleven Corporation

Washington, D.C.

$

750,000

(f)

6.50%

6/13/2030

$

1,100,000

$

-

1.50

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

1.25

General Services Administration-Navy & AYMCA

Norfolk, VA

8,260,000

6.15%

8/30/2029

6,926,665

7,119,184

1.25

PRA Holdings, Inc.

Norfolk, VA

5,216,749

6.15%

8/23/2029

4,291,659

4,410,949

1.25

Sherwin Williams Company

Tampa, FL

1,286,664

3.72%

(b)

8/10/2028

1,222,259

1,255,068

1.20

General Services Administration-FBI

Manteo, NC

928,728

(c)

3.85%

(d)

3/31/2032

866,868

891,071

1.50

Irby Construction

Plant City , FL

928,728

(c)

3.85%

(d)

3/31/2032

-

891,071

1.50

La-Z-Boy Inc.

Rockford, IL

2,100,000

3.85%

(d)

3/31/2032

1,960,814

2,014,851

1.50

Best Buy Co., Inc.

Grand Junction, CO

2,552,644

(c)

3.85%

(d)

3/31/2032

-

2,449,141

1.50

Fresenius Medical Care Holdings, Inc.

Chicago, IL

1,727,108

(c)

3.85%

(d)

3/31/2032

1,612,010

1,657,079

1.50

Starbucks Corporation

Tampa, FL

1,298,047

(c)

3.85%

(d)

3/31/2032

1,211,508

1,245,414

1.50

Kohl's Corporation

Tucson, AZ

3,964,745

(c)

3.85%

(d)

3/31/2032

3,700,494

3,803,985

1.50

City of San Antonio (PreK)

San Antonio, TX

6,444,000

(e)

7.47%

(b)

8/10/2028

6,223,604

6,323,628

1.50

Dollar General Market

Bakersfield, CA

2,428,000

(e)

7.47%

(b)

8/10/2028

2,344,958

2,382,646

1.50

Dollar General

Big Spring, TX

635,000

(e)

7.47%

(b)

8/10/2028

613,282

623,138

1.50

Dollar General

Castalia, OH

556,000

(e)

7.47%

(b)

8/10/2028

536,984

545,614

1.50

Dollar General

East Wilton, ME

726,000

(e)

7.47%

(b)

8/10/2028

701,170

712,439

1.50

Dollar General

Lakeside, OH

567,000

(e)

7.47%

(b)

8/10/2028

547,608

556,409

1.50

Dollar General

Litchfield, ME

624,000

(e)

7.47%

(b)

8/10/2028

602,658

612,344

1.50

Dollar General

Mount Gilead, OH

533,000

(e)

7.47%

(b)

8/10/2028

514,770

523,044

1.50

Dollar General

Thompsontown, PA

556,000

(e)

7.47%

(b)

8/10/2028

536,984

545,614

1.50

Dollar Tree Stores, Inc.

Morrow, GA

647,000

(e)

7.47%

(b)

8/10/2028

624,871

634,914

1.50

exp U.S. Services Inc.

Maitland, FL

2,950,000

(e)

7.47%

(b)

8/10/2028

-

2,894,895

1.50

General Services Administration

Vacaville, CA

1,293,000

(e)

7.47%

(b)

8/10/2028

1,248,777

1,268,847

1.50

Walgreens

Santa Maria, CA

3,041,000

(e)

7.47%

(b)

8/10/2028

2,936,993

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

2,482,944

n/a

1.30

Dollar General

Cleveland, TN

1,350,000

3.50%

5/14/2026

1,224,544

n/a

1.25

Tractor Supply

Kernersville, NC

3,507,000

2.90%

10/22/2031

3,184,170

n/a

1.20

$

71,599,913

$

49,711,594

$

59,443,251

Less Debt Discount, net

(701,489

)

(317,978

)

Less Debt Issuance Costs, net

(319,329

)

(785,358

)

$

48,690,776

$

58,339,915