Realty Income to Acquire up to $544 Million of Net Lease Properties

The properties to be acquired are located in 17 different states and consist of approximately 3.8 million square feet of leasable space. The majority of the lease revenue from these single-tenant properties is generated from investment grade tenants, or their operating subsidiaries, in 11 different industries. The single-tenant distribution properties representing 34% of the lease revenue include; Aviall Services, Caterpillar, FedEx Corporation, and International Paper. The single-tenant retail properties representing 33% of the lease revenue include; AMC Theaters, Cinemark Theaters, Regal Cinemas, and Walgreens. The single-tenant office properties representing 25% of the lease revenue include; Fiserv, Inc., Novus International, Solae and T-Mobile USA. The single-tenant manufacturing properties representing 8% of the lease revenue include; Coca-Cola and MeadWestvaco Corporation. The average remaining lease term of the properties is over 11 years, which is consistent with the average remaining lease term of Realty Income’s existing portfolio of approximately 2,500 net leased properties.

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Net lease Investment

Net Leased MEDICAL-RETAIL at Interstate in Northern VA


Asking $2,850,000 | 100% Occupancy

33820 Old Valley Pike | Strasburg, Virginia
NOI $253,041
Rent/Month $24,224
Rent/SF $18.69
Land Area 2.021 +/- sf
Ownership Type Fee Simple Absolute
Lease Type NN
Landlord Responsibilities Roof, Structure, Parking lot
Options Two (2), Five (5) year

*We are CAPing 2010 rents starting in an October/September year so it will not necessarily tie to the rents listed below on a calendar year basis.

HIGHLIGHTS
•Excellent Investment Yield at Aggressive CAP Rate
•New Construction (2009)
•Strasburg's Gateway Entrance at Interstate Intersection and near Virginia's Inland Port.
•Modern brick professional complex with 15,000 sqft in Strasburg, Virginia
•Located at intersection of Interstate 81 and Rt. 11 just south of Interstate 66
•Strong tenant mix with predominance of medical
•Supported by travelers, located adjacent to Fairfield Inn & Suites
•Also adjacent to Homewood Retirement Community and near the new 500,000 sqft. Solaris/Mercury Paper Plant




LOCATION OVERVIEW For More information Contact:

BETTY LEARNED FRIANT
Vice President
(703) 787-4714 x16
bfriant@calkain.com