From: Richard Kahn •

From: Richard Kahn • To: "Jeffrey E." <[email protected]> Subject: Home Depot Ground Lease - St Croix Date: Thu, 04 Aug 2016 19:38:04 +0000 not a great yield but thought you may be interested since was in USVI annual rent 100,000 until 2022 then 125,000 until 2032 and then HD has (2) 10 year options Home Depot was built in 2011 asking price 2,666,667 - 3.75% yield until 2022 4.7% beginning 2/2022 2,500,000 - 4% yield until 2022 5% beginning 2/2022 2,000,000 - 5% yield until 2022 6.25% beginning 2/2022 http://info.stanjohnsonco.cornirs/702-XMW-307/images/HomeDepot K ingshi I I USVI OM AG NDA.pdf? mkt tok=eyJpIjoiWXpNek5UZ3pZak5qTUdSaSIsInQiOiJhTGhvMj dtSEE5d2lc L 1 JyV205V 1 RwZTZkTDQyS G 1 ncUVHdUJnelJuQ2FMb0k 1 MkNqYWtVSWZPZW 1 iMk04R2Fvc2VDUUJ FenhKZmZcL3 RFd3JwUnIlvdzI aZktyeHBnckRYWTdmZFU2eU5oYVU4PSJ9 please advise thank you Richard Kahn HBRK Associates Inc. 575 Lexington Avenue 4th Floor New York NY 10022 tel fax cell EFTA00655109