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American Realty Capital Daily Net Asset Value Trust, Inc. (“the “Company”) announced that on January 31, 2012, it purchased two additional freestanding, single-story Family Dollar stores located in Kansas, Okla. and Gloster, Miss., for an aggregate contract purchase price of approximately $1.7 million, exclusive of closing costs. The sellers of the two properties do not have a material relationship with the Company and the acquisitions were not affiliated transactions.
The Kansas, Okla. property consists of 8,320 rentable square feet and is leased to a wholly-owned subsidiary of Family Dollar Stores, Inc. (NYSE: “FDO”), which has guaranteed the tenant’s obligations under the lease. The lease commenced in August 2011 and has a 10-year term expiring in June 2021.
The Gloster, Miss. property consists of 8,000 rentable square feet and is leased to a wholly-owned subsidiary of Family Dollar Stores, Inc. (NYSE: “FDO”), which has guaranteed the tenant’s obligations under the lease. The lease commenced in June 2011 and has an 11-year term expiring in June 2022.
On each day that the New York Stock Exchange is open (a business day), investors may obtain the daily determination of the Company’s NAV per share for each class of shares by calling the Company’s toll-free telephone line at 1-866-532-4743 or by visiting its website at www.arcdailynav.com.
American Realty Capital Daily Net Asset Value Trust, Inc. is a publicly registered, non-traded real estate investment program.
To arrange interviews with executives of American Realty Capital Daily Net Asset Value Trust, Inc. please contact Tony DeFazio at 484-532-7783 or email@example.com.
This material does not constitute an offer to sell nor a solicitation of an offer to buy any securities described herein or otherwise. Only a prospectus for a specific securities offering makes such an offer. In that regard, the use of this material is authorized only when it is accompanied or preceded by a prospectus. Further, all information contained in this material is qualified by the terms of a current Prospectus of the offering of securities to which it relates, if any.
This material may contain forward-looking statements that involve assumptions, uncertainties and risks, some of which are set forth below. These statements are not guarantees and should not be regarded as representations that the results or conditions described in such statements, or that our objectives and/or plans, will be achieved.
A real estate investment program offering is subject to the following Risks: The failure to qualify, or maintain the requirements, to be taxed as a REIT would reduce the amount of income available for distribution and limit a REIT's ability to make distributions to its stockholders. No public market initially exists for a REIT's shares of common stock, and one may never exist for this or any other such type of real estate program. Securities are being offered on a best efforts basis. These are speculative securities and as such involve a high degree of risk. There are substantial conflicts among an offering and its sponsor, advisor, dealer manager and property manager. There is no assurance that the value of the real estate will be sufficient to return any portion of investors' original capital. Operating results will be affected by economic and regulatory changes that have an adverse impact on the real estate market and we cannot assure you that there will be growth in the value of the properties.
Realty Capital Securities, LLC (Member FINRA/SIPC), is the dealer-manager for all stated proprietary offerings, an affiliate. Realty Capital Securities, LLC, Three Copley Place, Suite 3300, Boston, MA 02116, T 877-373-2522
Investors should consider a fund's investment objectives, risks, charges and expenses before investing. This sales and advertising material is neither an offer to sell nor a solicitation of an offer to buy any securities. Such an offer can only be made by the Prospectus. This material must be read in conjunction with the current Prospectus for the respective offering in order to fully understand all of the implications and risks of the offering of securities to which it relates. A copy of the Prospectus must be made available to you in connection with this offering. You must meet suitability standards in order to buy any securities described herein. Refer to the details in the applicable Prospectus. The achievement of any or all goals of any offering that may be described herein is not guaranteed. Risks for these investment program offerings typically include: no public market currently exists, and one may never exist; there is no assurance that the value of the holdings will be sufficient to return any portion of the investors original capital invested in any offering of such securities; substantial fees and expenses are typically paid to an offerings advisor, its affiliates and participating broker dealers; assets acquired with leverage have risks including loss of value and limits on flexibility needed if there are changes in the business or industry. An investment in any of these investment programs should be made only after careful review of the related prospectus. All information contained in this material is qualified by the terms of applicable Prospectus.
Other than as specifically indicated on the respective page, properties depicted in the photographs are of assets held in either American Realty Capital's current offerings or past real estate investment programs sponsored by American Realty Capital.