KraussMaffei

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LTV (Loan to Value)	0.00%	Current NOI
Interest Rate	0.000%	Cap Rate	0.000%
Fixed Term	Approx. 5.5 Years Years	Land Area
Amortization	Years	Lease Type
Loan Amount		Property Type
Payment		Property Lease
Building Size		Remaining Terms

Location Description

The City of Florence is the eighth-largest city in Kentucky and is primarily in Boone County, the 71st most rapidly growing county in the country. Located just 10 miles south of downtown Cincinnati, Florence had a population of 29,951 residents as of the 2010 census. This represented a 27.2% increase since 2000 and continued a trend of double-digit population growth every decade since 1930.This tremendous growth can be partially attributed to its proximity to most major modes of transportation, including I-71, I-75, I-275, the Cincinnati/Northern Kentucky International Airport and the Ohio River. The portion of interstate 71/75 that traverses the City of Florence maintains one of the highest average daily traffic counts on I-71/75 in the nation, with a total of 144,000 vehicles per day.

Highlights

29+ Years of Tenant Commitment to Facility – KraussMaffei has been the sole tenant since 1986Lease Guaranty w/LOC – Lease guaranteed by corporate entity with obligations partially secured by a fully-transferrable $308,000 letter of creditAbsolute NNN Lease w/No Landlord ResponsibilityAnnual Rental Escalations – Lesser of change in CPI or 2.00%Extremely Functional Industrial Asset – Features clear heights of 26’-34’ and is outfitted with 4 loading docks, 5 drive-in doors, modern HVAC and electrical systems and full sprinkler systemRoof Warranty In-Place – Roof replaced in 2003 with full warranty that runs through Sep 2018Excellent Real Estate Fundamentals – Well situated within 600 miles of 60% of the U.S. population, 58% of the country’s manufacturing firms and 59% of the nation’s purchasing powerPremier Industrial Location w/Strong Accessibility – Within dense industrial corridor 10 miles from downtown Cincinnati, situated in close proximity to Interstate 71/75

NNN Loans Funding

Triple-Net Lease Financing arranged by NNNLenders. Offering Triple Net NNN Property Loans.