Characteristic:

1.	Return on investment is affected by Consumers’ confidence.
2.	Due to long term leases, a very low variation on income projection
3.	Return on investment (not including future appreciation value of the real estate), we usually expect 7% to 10%
4.	Every year base rent up adjust by Consumer Price Index (or 3% to 5%)

Example
Investment Objective: Carlstadt Plaza
Location: Carlstadt, New Jersey
Space Usage: 85,000 Square Feet
Purchase Price: 8,500,000
Year: 2000
Lease term: 20 years
Total Income: 1,950,000
Total expenses: 457,954
Income before tax: 1,492,046
Return on Investment: 17.5%