Please email us at info@cornerstoneexchange.com if you would like more information including a full summary and perspectus on any any of these offerings or  call us at 1 (800) 781-1031.

 

 

 

Apple, Inc Austin, Texas	Sales Price: $12,500,000 Tenant: Apple, Inc CAP Rate: 6.89% Year Built: 1980, Renovated 2010 (Apple spent $13 million) Lease termination: May 31, 2018 Three(3) Five(5) Year Options at 90% of then current market rate  Type:  NNN Net Operating Income: $861,250 Rentable Square Foot: 55,216 SF Landlord Responsibilities: None Contact us about this offering.	Apple spent $13,000,000 to renovate entire building in 2010. Facility used to house engineers for chip design firm Apple acquired. As part of acquisition Apple agreed to provide engineering facility in West Austin submarket for the acquired company's staff. Tenant has right to terminate with termination fee of $888,008.19 Austin is the capital city of the U.S. state of Texas and the seat of Travis County. Located in Central Texas on the eastern edge of the American Southwest, it is the fourth-largest city in Texas and the 14th most populous city in the United States. It was the third-fastest-growing large city in the nation from 2000 to 2006. The city is the cultural and economic center of the Austin–Round Rock–San Marcos metropolitan area, which has a population of over 1,716,291 (2010 U.S. Census), making it the 35th-largest metropolitan area in the United States.
Walgreens Las Vegas, NV	Sales Price: $32,000,000 Tenant: Walgreens, Inc CAP Rate: 6.10% Year Built: 2001 Lease termination: Aug 19, 2050  Type:  NNN Net Operating Income: $1,950,520 (10% rent every 10 years) Rentable Square Foot: 16,016 SF Landlord Responsibilities: None Contact us about this offering.	Walgreens is situated on the world renowned Las Vegas Strip, less than a quarter mile north of the newly built Encore at the Wynn and just feet away from the Encore Hotel and Casino. The Las Vegas Strip is an approximately 4.2-mile (6.8 km) stretch of Las Vegas Boulevard in Clark County, Nevada; adjacent to, but outside the city limits of Las Vegas proper. The Strip lies within the unincorporated townships of Paradise and Winchester. Most of the Strip has been designated an All-American Road.  Walgreens (S&P Rated A) founded in 1901 and is currently the nation’s largest drugstore chain with fiscal 2010 sales of $67.4 billion. As of July 31, 2011, there are 7,742 Walgreens stores in operation throughout the 50 states, Washington D.C. and Puerto Rico. Walgreens provides convenient access to consumer goods and services, and cost-effective pharmacy, health and wellness services in America through its retail drugstores, Walgreens Health Services division, and Walgreens Health and Wellness division. This is the company's 36th consecutive year of record sales and 35th consecutive year of raising its dividend. Walgreens was named one of Fortune Magazine's Most Admired Companies in America for the 17th consecutive year.
Walgreens South Ogden, UT	Sales Price: $6,190,195 Tenant: Walgreens, Inc CAP Rate: 6.10% Year Built: 2012 Lease termination: May, 2037  Type:  NNN Net Operating Income: $337,608 (Percentage Rent: Approx. ½% of food & prescription drug sales + 2% of other sales (subject to exclusions). Landlord receives base rent or the percentage rent, whichever is higher.) Rentable Square Foot: 14,290 SF Landlord Responsibilities: Roof and Structure Contact us about this offering.	South Ogden is in Weber County, Utah. The population was 14,377 at the 2000 census. It is part of the Ogden–Clearfield, Utah Metropolitan Statistical Area. South Ogden's close location to Hill Air Force Base and the Ogden Arsenal led to a housing boom in the 1940s. By 1946 the population exceeded 3,600, and South Ogden became known as the "City of Homes." The largest growth for the city came in the 1950s, at which time it grew by 150 percent. Because of this new growth, a new municipal building was constructed. The building also housed a fire station, and a new 1953 fire truck was purchased. Washington Boulevard was widened to four lanes south of 40th Street. Walgreens (S&P Rated A) founded in 1901 and is currently the nation’s largest drugstore chain with fiscal 2010 sales of $67.4 billion. As of July 31, 2011, there are 7,742 Walgreens stores in operation throughout the 50 states, Washington D.C. and Puerto Rico. Walgreens provides convenient access to consumer goods and services, and cost-effective pharmacy, health and wellness services in America through its retail drugstores, Walgreens Health Services division, and Walgreens Health and Wellness division. This is the company's 36th consecutive year of record sales and 35th consecutive year of raising its dividend. Walgreens was named one of Fortune Magazine's Most Admired Companies in America for the 17th consecutive year.
Best Buy Philadelphia MSA	Sales Price: $14,530,500 Tenant: Best Buy, Inc CAP Rate: 7.5% Year Built: Lease termination: 2023  Type:  NNN Net Operating Income: $1,089.000 (rental increase of 10% in July 2017 ) Rentable Square Foot:  SF Landlord Responsibilities: None Contact us about this offering.	Best Buy Co., Inc is North America's number-one specialty retailer of consumer electronics, personal computers, entertainment software and appliances.
Other NNN Properties
Tenant Price Cap Rate State Lease Type Ground Lease Guarantor Coco's $895,000 5.22% CA NNN No Corporate SunTrust $1,142,857 5.25% NC NNN Yes Corporate National Tire Battery $1,459,787 6.75% MN NNN No Corporate Compass Bank $1,571,700 6.75% AZ NNN Yes Corporate Tuffy Auto $1,932,900 8.00% FL NNN No Corporate Bank of America $1,990,475 5.25% AZ NNN Yes Corporate Tuffy Auto $2,116,500 8.00% FL NNN No Corporate 7-Eleven $2,175,000 6.00% TX NNN No Corporate Chase Bank $2,200,000 5.82% GA NNN No Corporate Verizon $2,425,807 7.75% FL NN No Corporate HomeBanc $2,750,000 6.82% FL NNN No Corporate IHOP $2,850,000 7.54% CO NNN No Corporate National Tire Battery $3,017,865 6.75% MN NNN No Corporate Jack in the Box $3,070,000 5.50% CA NNN No Corporate 7-Eleven $3,125,169 6.50% FL NNN No Corporate Best Buy $3,764,000 7.25% CO NN No Corporate TD Ameritrade $3,920,000 6.50% IL NN No Corporate Boart Longyear $4,350,000 7.26% AZ NN No Corporate Chase Bank $4,803,921 5.10% TX NNN Yes Corporate Walgreens $5,288,888 6.75% TX NNN No Corporate Walgreens $5,428,571 6.65% MI NNN No Corporate Walgreens $5,578,000 7.35% IL NN No Corporate Walgreens $6,770,000 6.50% PA NNN No Corporate Walgreens $9,500,000 6.50% TN NNN No Corporate Lowe's $12,265,000 6.39% AZ NNN Yes Corporate

• Illiquidity (there is currently no secondary market),

• Tax status risk which may result in immediate tax liabilities, including penalties,

• The fact that substantial fees associated with the purchase of the investment may, in certain cases, outweigh the tax benefits,

• The risks of using leverage in real estate,

• The investment is speculative and involves a high degree of risk,

• The risks associated with fractionalized ownership in real estate and investment contracts as securities,

• Property appreciation is not guaranteed,

• The potential for loss of principal invested, and

• Other certain risks are disclosed in detail within the Private Placement Memorandum and should be reviewed before investing.

Please also note that in order to qualify as an investor in a public REIT there are certain minimum accreditation standards.  The accreditation standards very per state but gernarally require the investor to have a net worth of at least $250,000 or $75,000 of gross annual income and a net worth of at least $75,000.  If you do not meet this definition of an accredited investor please notify us immediately and disregard this message and it contents.

One City Boulevard West, Suite 870, Orange, CA 92868; Phone (800) 781-1031