Property Description

* **9.74% Day-One Cap Rate -- Exceptional Yield in a Single-Family Asset*** **Absolute NNN Structure -- Tenant Reimburses Property Taxes and Insurance*** **Contractual Rental Growth Built Into the Initial 5-Year Lease Term*** **Forward Yield Increases to Approximately 10.43% by Year 5*** **Newly Executed Lease Provides Contractual Income Through 2030*** **Personal Guarantee Supports the Tenants Lease Obligations*** **More Than $40,000 in Recent Renovations and Capital Improvements*** **Predictable Income Stream Secured by Phoenix Real Estate*** **Built-In Upside Without Renovation, Repositioning, or Intensive Management*** **Rare Combination of Double-Digit Forward Yield and Residential Real Estate** ABSOLUTE NNN SINGLE-TENANT INVESTMENT5-Year Lease | Built-In Rental Growth | 9.74% Year 1 Cap RatePOSITIONINGBond-Like Income Secured by Real EstateAbsolute Triple NNN lease structureNewly executed 5-year lease commencing January 1, 2026Personal guaranteeTwo additional 5-year renewal optionsMonthly base rent increases by $100 each yearTenants first right of refusalASKING PRICE: $695,000EXECUTIVE SUMMARYGerchick Real Estate is pleased to present a fully stabilized, single-tenant Absolute NNN investment secured by a newly executed 5-year lease.In addition to base rent, the tenant reimburses the landlord for property taxes and insurance, creating a predictable and largely passive income stream.This investment offers:Immediate cash flowContractual annual rent growthMinimal landlord responsibilityPersonal guaranteeLong-term renewal potentialStrong initial and forward yieldsThe propertys value is driven by its contractual income stream. This is not an owner-occupant comparable-sale opportunity--it is a yield-focused real estate acquisition.FINANCIAL OVERVIEWYear 1 IncomeBase Rent: $5,200 per monthNNN Reimbursements: $440.25 per monthTotal Monthly Income: $5,640.25Total Annual Income: $67,683Year 1 Cap RatePurchase Price: $695,000$67,683 ÷ $695,000 = 9.74%YEAR 1 CAP RATE: 9.74%FORWARD YIELD GROWTHLease Year Annual Income Yield on Original Purchase PriceYear 1 $67,683 9.74%Year 2 $68,883 9.91%Year 3 $70,083 10.08%Year 4 $71,283 10.26%Year 5 $72,483 10.43%By Year 5, the annual yield increases to approximately 10.43% based on the original $695,000 purchase price.FIVE-YEAR CASH-FLOW PROJECTIONAssuming an all-cash purchase at $695,000:Lease Year Projected Gross IncomeYear 1 $67,683Year 2 $68,883Year 3 $70,083Year 4 $71,283Year 5 $72,483Total $350,415TOTAL PROJECTED FIVE-YEAR GROSS INCOME: $350,415The projected five-year gross income equals approximately 50.42% of the purchase price, providing investors with the potential to recover more than half of the original acquisition cost through gross income during the initial lease term alone.LEASE ABSTRACTLease commencement: January 1, 2026Initial lease term: 5 yearsRenewal options: Two additional 5-year termsBase-rent increases: $100 per month annuallyGuarantee: Personal guaranteeFirst right of refusal: Provided to tenantProperty taxes: Reimbursed by tenantProperty insurance: Reimbursed by tenantLease structure: Absolute NNNINVESTMENT THESISWhy This Asset PerformsAttractive 9.74% initial cap rateContractual annual rent increasesForward yield exceeding 10% beginning in Year 3Personal guarantee helps reduce investment riskMinimal ongoing management burdenAnnual increases provide a hedge against inflationStrong Phoenix locationPotential for future cap-rate compressionContractual income secured by underlying real estateTwo additional 5-year renewal optionsT

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