Professional Documents
Culture Documents
We know that it’s becoming more and Our purpose is to provide you with a real estate
more difficult to find an investment that investment that meets three basic needs:
you can feel good about. 1 Your money is safe and secure,
So many Americans have lost so much as a 2 You can depend on the monthly cash flow
result of this struggling economy. If you are like your ownership provides,
most people you just want to put your money 3 You don’t have to deal with any of the
somewhere that it will be safe and where you headaches of being a landlord or the hassles
can get a good return on your investment. of day-to-day property management.
Unfortunately, that can be very hard to find.
In addition, the value of your real estate asset
Rockwell is here to help. Our approach to has the potential to grow and appreciate over
investing could be best described as a return to time. All of our properties meet a very rigid set
basics. Our formula is simple and it works, as of criteria to ensure that they accomplish those
evidenced by our flawless track record. three primary purposes:
1 Security
2 Reliable income
3 Passivity
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Who manages the property? What are the costs of buying and owning
Rockwell helps the co-owners to get an a Rockwell property?
experienced, professional property manager Rockwell pays all of the closing costs so that you
into place. The property manager ensures that do not have to pay any fees to buy a property.
the tenant complies with the terms of the lease, The only ongoing cost the co-owners incur is the
coordinates communication, distributes the property manager’s fee, which is typically only
monthly lease payments to the co-owners and $25 per month. The tenant pays for the property
prepares regular reports and tax statements. taxes, insurance and the majority of the repairs
and maintenance.
How are decisions made?
Upon closing, a tenancy-in-common agreement When do I get paid?
is executed that outlines the relationship The property manager sends a payment to each
among the co-owners and how decisions are co-owner during the first week of each month in
to be made. In short, minor decisions are the form of a mailed check or direct deposit into
made by a majority vote while major decisions your bank account.
are made by a unanimous vote. For practical
purposes however, because the tenant and How many co-owners are there in an
lease are already established before the co- average property?
owners purchase an interest, there are very few Rockwell properties are designed to be smaller
decisions to be made. in scale than those offered by other TIC
sponsors. While many TIC properties have thirty
How do I get out? or more co-owners, most Rockwell properties
Each co-owner receives an undivided, fractional have fewer than ten.
interest in the property so each has the right
to sell his portion at any point in time. The
tenancy-in-common agreement gives the other
co-owners the first right to buy if one of the
co-owners decides to sell. The resale of a TIC
interest in a debt-free property is made easier
because a new buyer does not have to qualify for
an existing loan. All of the co-owners can also
agree to sell the entire property whenever they
choose. A TIC ownership can be listed with a
real estate broker or sold by owner. Rockwell can
also serve as a resource for a past client seeking
to sell his fractional interest.
What is the worst case scenario?
The worst case scenario would be if the
tenant went out of business and there were an
interruption in the lease payments. However,
because there is no debt to service you would
not be in danger of losing the property and
thereby your original investment. In this
circumstance the co-owners could elect to have
the property manager find a buyer or a new
tenant to lease the property. By design, Rockwell
properties are smaller, freestanding buildings
which are typically much easier to lease than
a larger facility. It is important to point out
that Rockwell only works with strong corporate
tenants with excellent track records and proven
business models. To date, no Rockwell property
owner has ever missed a monthly payment.
Our primary goal is to ensure the total satisfaction of all of our customers.
Rockwell Debt-Free Properties are structured to provide our clients with a very
specific set of benefits and, while it is an excellent option for most, it may not be
the right solution for everyone. Please consider the following questions to help
us understand your personal objectives. We are committed to helping find the
investment that is best for you. If a Rockwell Debt-Free Property is not the best
solution for your situation, we will gladly refer you to someone that may have an
option better suited to meet your individual needs.
DESCRIPTION
Fresenius Medical Care is the world’s largest, integrated
DEBT-FREE
provider of products and services for individuals with
chronic kidney failure, a condition that affects about
1.5 million individuals worldwide. Through its network
of more than 2,500 dialysis clinics in North American,
Europe, Latin America and Asia-Pacific, Fresenius
Medical Care provides dialysis treatment to nearly
200,000 patients around the globe.
HOUSTON, TX
The city of Houston is the fourth largest city in the
United States, with over two million residents. The P R O P E RT Y I N F O R M AT I O N
10-county MSA has a population exceeding 5.2 million,
ranking seventh nationally. Of the 10 most populous T E NA NT Fresenius Medical Care
metro areas in the U.S., Houston ranks second in LO C AT I O N 5435 Aldine Road
employment growth rate and fourth in nominal
Houston, TX 77039
employment growth. In 2006, Forbes magazine ranked
Houston No. 1 in Texas and No. 3 nationally within the P R O P E RT Y T YP E Single-tenant, stand alone, medical
Category of “Best Places for Business and Careers.”
D AT E B U I LT 2009
P U R C H A SE P R I C E $3,041,450
L E A S E I N F O R M AT I O N
L E A SE GU A R A NTO R Fresenius Medical Care
L E A SE T YP E NNN-lease
DESCRIPTION
Family Dollar is one of the fastest growing discount
store chains in the United States. Currently, the
company operates over 6,600 stores in 44 states. In
DEBT-FREE
2009, Family Dollar surpassed their 2008 annual
revenue of $6.9 Billion with annual revenue of $7.4
Billion and reported net income of $291 million.
SAN ANTONIO, TX
San Antonio is the second-largest city in the state of Texas
and the seventh-largest city in the United States with a
population of 1.3 million. It was the fourth-fastest
growing large city in the nation from 2000 to 2006 and P R O P E RT Y I N F O R M AT I O N
the fifth-fastest-growing from 2007 to 2008.
T E NA NT Family Dollar
San Antonio is home to five Fortune 500 companies. The
LO C AT I O N 10817 Marbach Road
city is also home to one of the largest military
San Antonio, TX 78245
concentrations in the United States. The defense industry
in San Antonio employs over 89,000 and provides a P R O P E RT Y T YP E Single-tenant, stand alone, retail
$5.25 billion impact to the city's economy.
D AT E B U I LT November 2009
P U R C H A SE P R I C E $1,400,000
L E A S E I N F O R M AT I O N
L E A SE GU A R A NTO R Family Dollar
L E A SE T YP E NNN-lease