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INCOME PROPERTIES (Tables)
9 Months Ended
Sep. 30, 2017
INCOME PROPERTIES  
Schedule of income properties acquired

The properties acquired during the nine months ended September 30, 2017 are described below:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Property

 

 

 

 

 

 

 

 

Remaining Lease

Tenant Description

    

Tenant Type

    

Property
Location

    

Date of
Acquisition

    

Square-Feet

    

Property
Acres

    

Purchase Price

    

Percentage
Leased

    

Term

(in years)

Staples, Inc. (an affiliate of)

 

Single-Tenant

 

Sarasota, Florida

 

01/27/17

 

18,120

 

1.2

 

$

4,075,000

 

 

100%

 

 

5.0

Grocery-Anchored Shopping Center (Westcliff)

 

Multi-Tenant

 

Fort Worth, Texas

 

03/01/17

 

136,185

 

10.3

 

 

15,000,000

 

 

96%

 

 

4.1

JoAnn Stores, Inc.

 

Single-Tenant

 

Boston, Massachusetts

 

04/06/17

 

22,500

 

2.6

 

 

6,315,000

 

 

100%

 

 

11.8

LA Fitness
Multi-Tenant Retail Building

 

Single-Tenant
Multi-Tenant

 

Tampa, Florida

 

04/28/17

 

 45,000
6,715

 

5.3

 

 

14,650,000

 

 

100%

 

 

13.9

 

 

 

 

 

 

 

 

228,520 

 

 

 

$

40,040,000