Cole Credit Property Trust IV
Cole Capital® Announces Cole Credit Property Trust IV, Inc. Estimated Per Share Value of $10.08
Cole Credit Property Trust IV seeks to provide investors with access to the highest-quality retail real estate assets, providing current income, reduced portfolio volatility and potential for capital appreciation.
|Offering Size||$2.5 billion1|
|Net Asset Value (NAV)||$10.08 per share|
|Distribution Reinvestment Plan (DRIP)||$10.08 per share|
Suitability Requirements: A net worth of at least $250,000 or a gross annual income of at least $70,000 and a net worth of at least $70,000.2
1 Excludes 50,000,000 shares at $9.50 reserved for Distribution Reinvestment Plan.
2 The following states have additional suitability requirements: AL, CA, IA, KS, KY, MA, ME, MI, ND, NE, NM, OH, OR, PA and TN. Please consult the Prospectus for additional information.
Share Redemption Program
|Share Purchase Anniversary||Redemption Price|
|Less than 1 Year||No Redemptions|
We will not redeem in excess of 5% of the weighted average number of shares outstanding during the trailing 12-month period prior to the redemption date. The cash available for redemption will be limited to proceeds from the sale of shares pursuant to our DRIP. The amount paid for redeemed shares will be equal to a percentage of the price originally paid for the shares or a percentage of the value of the shares depending on the length of time the shares are held. In no event will the redemption price exceed the then-current offering price of our common shares (excluding sales from our Distribution Reinvestment Plan).
Other restrictions: CCPT IV’s Board of Directors may modify, suspend or terminate the redemption program at any time after providing 30 days notice to stockholders.