Net lease.
IRA’s net lease platform is focused on acquiring freestanding, single-tenant properties leased to high-quality operators in resilient sectors. This asset class is structured to mitigate exposure to operating cost volatility, thereby delivering consistent cash flow and predictable income streams to investors. The majority of leases pursued under this strategy have initial terms exceeding ten years, providing long-duration stability and visibility.
In select situations, IRA will acquire properties with shorter remaining lease terms where there is a high probability of tenant renewal, supported by strong unit-level performance metrics, mission-critical or specialized improvements, or scenarios where in-place rents are below prevailing market levels, creating embedded upside through mark-to-market opportunities.
Featured Transaction: Lowe’s Home Improvement Portfolio
IRA acquired a four-property portfolio of Lowe’s Home Improvement retail stores located within the Atlanta, Georgia MSA. Each asset comprised approximately 130,000 square feet and, at the time of acquisition, had between five and seven years of remaining lease term.
As part of its value-creation strategy, IRA successfully negotiated a substantial lease extension, securing a new 10-year term across the portfolio. The transaction enhanced income durability, extended weighted average lease term, and strengthened the long-term credit profile of the investment.