NYC Education Portfolio

Investment Overview

Lee & Associates is pleased to present exclusively for sale the portfolio of government leased properties located in New York City (the “Portfolio”). Consisting of 6 assets located in the Bronx (5) and Queens (1), the Portfolio consists of educational, daycare, and community facility buildings leased to New York City agencies. Each of the assets feature strong in-place cashflow and lease terms in excess of 15 years on average. The Portfolio represents the opportunity to acquire multiple government-backed leased assets with low landlord responsibility.

Investment Highlights

• 6 Total Buildings
• 182,371 Leased SF
• 15.6 WALT
• Government-backed Tenancy
• 10% Rent Bumps Every 5 Years