Sentences with phrase «leased on a net basis»

Not exact matches

Leased on a «triple net» basis where the tenant is responsible for the payment of taxes, insurance, and maintenance;

The leases include certain lease incentives, payment escalations and rent holidays, the net effect of which is being recognized as a reduction to rent expense such that rent expense is recognized on a straight - line basis over the term of occupancy.

Under its lease with the county, the railroad pays a 5 percent fee, based on net, which can be offset by capital expenses.

RE the CMRR lease, the cash rent is based on a percentage of gross revenues (starting at 1 % initially and rising to the current 5 %) minus the cost of rehabilitating at least 1 mile of track per year to Class 1 standards... it is not based on net revenue as mentioned in the editorial.

Estimated payments are calculated based on the difference between the residual value and the Net Amount, plus any lease finance charges.

The EAT will then lease the property to the taxpayer on a «net lease» basis, for a nominal lease payment.

This is illustrated in the chart below, based on the U.S. Energy Information Administration's short - term energy outlook (consumption data does not include net or lease and plant data):

However, under FKEC's program, customers lease solar panels and the customer's net metering credit is based on the actual production of the leased panels.

The base triple - net lease term on the properties runs through November 2019 and contains six five - year options.

As of mid-May, the cap rate on net - lease restaurant properties averaged 7 %, down 25 basis points over a year ago, according to The Boulder Group.

That accounted for roughly 10 % of the nearly $ 42 billion in net - lease properties on the market, according to The Boulder Group, an investment real estate firm based in Northbrook, Ill (see chart, page 104).

They would rather have cash on their balance sheets rather than a lot of real estate,» said Richard J. Rouse, co-CEO of Lexington Corporate Properties Trust, a New York - based REIT that invests in single - tenant net lease properties.

The incredible demand for net - lease properties has resulted in cap rates — the initial return for a buyer based on the purchase price — that have been steadily dropping over the past five years.

The chain then plans to rent its stores on a triple - net lease basis.

Cap rates on single - tenant net leases, particularly in the dollar store sector, stood at 6.65 percent in the second quarter of 2016, an increase of 15 basis points over the second quarter of 2015.

After finding that retail net lease cap rates had remained at 6.18 percent in the second quarter, a historically low level, The Boulder Group, a Northbrook, Ill. - based firm that focuses on the net lease sector, took a closer look at net lease cap rates for dollar stores, specifically Dollar General, Family Dollar and Dollar Tree.

«From our perspective, we're seeing twice as much product on the market and it will take a while for that inventory to burn off,» says Michael Houge, a principal at Minneapolis - based Upland Real Estate Group, a commercial real estate firm that specializes in net lease investments.

Based on this low median, the average investor only has to provide about $ 300,000 of equity to purchase a retail net leased property.

According to Pontius, cap rates have compressed by a little over 100 basis points in the past year for medical net lease properties with terms of 10 to 15 years or longer, while cap rates on deals with lease terms of 5 to 10 years have remained relatively flat.

«We primarily focus on investment - grade, although on occasion we will dip below for companies that we feel are financially strong, but have not yet reached investment - grade,» according to Richard J. Rouse, co-CEO of New York - based Lexington Corporate Properties Trust, a publicly traded REIT that specializes in office and industrial net - lease properties.

«I believe that the higher interest rates and widening spreads on mortgages have had a dampening effect on the net - lease business at the moment,» says Gary Ralston, president of Orlando, Fla. - based Commercial Net Lease Realty Innet - lease business at the moment,» says Gary Ralston, president of Orlando, Fla. - based Commercial Net Lease Realty InNet Lease Realty Inc..

Yet sentiment has begun to soften ever so slightly based on the responses to NREI's second annual exclusive survey of the net lease real estate sector, which was conducted in February.

In its fourth quarter 2016 net lease big box report, Northbrook, Ill. - based investment firm the Boulder Group noted that cap rates on single tenant net lease properties had increased by about 42 basis points.

W. P. Carey Inc. (NYSE: WPC) is a leading internally - managed REIT that owns and manages properties net leased on a long - term basis primarily to companies in the U.S. and Europe.

Combining capital markets knowledge, transaction experience, and financial analysis and structuring creativity, USRA specializes in the acquisition of a broad range of commercial property types net leased on a long term basis to major corporate and other credit tenants.

Leasing the building on a triple - net lease basis gives the companies the control they desire over their physical environment without the capital commitment of ownership.

Broadcom will lease back two of the project's four structures, totaling 640,944 sf or 64 % of the campus, on a triple - net basis.

Best Buy holds a 20 - year triple net lease to the property, with seven years remaining on its base term.

The building is leased to Walgreens on a net lease basis with 17 years of lease term remaining.

This transaction will institutionalize the notion of durable, defensive dividends for our shareholders by allowing them to become owners on a very favorable basis of the largest, and, I believe, now the best, publicly - traded net lease real estate company, period.

Medical Properties Trust, Inc. is a Birmingham - based self - advised real estate investment trust formed to capitalize on the changing trends in healthcare delivery by acquiring and developing net - leased healthcare facilities.

The property, which is let to the First Stop Tyres service centre on a 25 - year full repairing and insuring (FRI) lease from December 14, 1998, is producing a current rental income of $ 96,500 per annum, reflecting an attractive net initial return of 9.2 pc, based on standard acquisition costs of 4.46 pc.

Federal Express occupies the building on a 10 - year net lease basis, and the property is generating an annual return of 6.5 %.