Wellington Financial Group, as principal, acquires commercial real estate throughout the United States, with emphasis on the west and Texas. We desire to invest in:
Unsubordinated Land Leases, Existing Single Tenant NNN Leases, Sale/Leasebacks, & Master Leasebacks
| Value | The Larger the better– $3,000,000 minimum. |
| Lease Length | We can consider unsubordinated land leases of any length up to 99 years. For single tenant leases, 18-25 years preferred. At this time we will also consider shorter leases if there is high land residual and/or the existing rental is below market. |
| Return on Investments | Varies, depending upon the type and length of lease, credit of the tenant, location and current market cap rates. |
| Credit | Preference is for investment grade tenants with net worth in excess of $100 million; however we will consider high performance companies with lower ratings, as well as strong privately held entities. |
| Specialty | Shorter net leases with assumable fully amortized debt over the remaining lease term. We will assume the “Phantom Income” liability. |
| Flexibility | The financial structure for any purchase could be “tailored to” the seller’s needs. For instance, it could be all cash, cash to existing favorable financing, a deferred sale, master lease, joint venture, convertible loan, bargain sale, trade, or other type of beneficial transaction. |
Net Leased TO-BE-BUILT Real Estate
■ Single Tenant office, industrial or retail assets with a value in excess of $ 5 million.
■ Multiple locations encouraged.
■ Funds can be provided to acquire land, build improvements and purchase upon completion.
For inquiries contact:
| Melvin J. Kaplan
Chief Executive Officer P.O. Box 223159 Carmel, CA 93922 Phone: 831.624.7991 Fax: 831.624.7994 |
George Keeling
V.P. of Acquisitions 3150 “B” Alta Vista Laguna Woods, CA 92637 Phone: 949.770.7794 |
John B. Russell
Director of Acquisitions P.O. Box 1262 Franklin, TN 37065 Phone: 615.335.7740 Fax: 615.760.5106 |
