Large portfolio of single-tenant properties with passive income characteristics
Diverse tenant, industry and geographic base
100% occupied, mission critical, office, manufacturing, assembly and distribution properties
Predominately absolute net, long-term leases
Average remaining lease term in excess of 13.0 years
2.20% average annual contractual rent increases
Staggered lease maturities through December 2031
Seasoned cash flows with documented history of current rent payments
Tenant longevity averaging in excess of 38 years in business
Attractive long-term yields with risk mitigation via substantial security deposits
On behalf of AIC Ventures ("Seller"), Colliers International is offering investors the opportunity to acquire a 25-asset portfolio of single-tenant, net leased properties. This offering provides investors with an immediate opportunity to secure a large-scale portfolio of long-term, seasoned cash flows, with a broad spectrum of tenant and geographic diversification.
The AIC National Single Tenant Net Lease Portfolio (the "Portfolio") offers an investor an opportunity to immediately secure a critical mass of 3.5 million square feet of long-term, single-tenant net leased properties, generating in excess of $18.6 million in year-one contract rent. The Portfolio is occupied by tenants recognized as leaders in their respective industries. Moreover, the Portfolio features diversification of tenants across industry types, regions, facility uses and building sizes. One consistent theme across the Portfolio is that each facility is deemed "mission critical" for each of the tenant's respective business.
