Cole Credit Property Trust IV

CCPT IV has closed to new subscriptions February 25th, 2014.

Cole Credit Property Trust IV, Inc.
(CCPT IV) is a public, non-listed Real Estate Investment Trust (REIT) that invests in income-producing retail commercial real estate primarily leased to creditworthy tenants under long-term, net leases.

Overview

Investment Objective

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 Summary

Current Offering Size $2.5 billion1
Current Offering Price $10.00 per share
Minimum Investment $2,500
Distribution Reinvestment Plan (DRIP) $9.50 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

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
1 Year 95%
2 Year 97.5%
3 Year 100%

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.

Consider These Risk Factors Before Investing

This offering is being made by means of a Prospectus only to qualified investors who meet minimum suitability requirements, as well as suitability standards as determined by your financial advisor. This material must be preceded or accompanied by a pro­spectus. Please read the prospectus in its entirety, before investing, for complete information and to learn more about the risks associated with these offerings, such as:

  • The lack of liquidity. No public market for these non-traded REITs, and one may never exist, for the shares of our common stock. There is also the possibility that even if investors were able to sell their shares, they may have to sell them at a substantial discount;
  • investors should have an expected investment time horizon in excess of five years;
  • no guarantee that investors will receive a distribution. Distributions may be derived from the proceeds of the offering, from borrowings, or from the sale of assets, and we have no limits on the amounts we may pay from such other sources. Payments of distributions from sources other than cash flow from operations may decrease or diminish an investor's interest;
  • conflicts of interest between the REIT and our advisor and its affiliates, including payments by the REIT of significant fees to the advisor;
  • economic factors affecting the commercial real estate markets generally, including changes in the economy, tenant turnover, interest rates, availability of mortgage funds, operating expenses, cost of insurance and each tenant's ability to continue to pay rent;
  • no connection between the share price of the REIT and the net asset value of the REIT until such time as the assets are valued by the Board of Directors.
  • If CCPT IV fails to qualify as a REIT, it will be subject to federal income tax. Cash available for distributions could decrease materially and adversely affect the return on your investment.
  • Leverage (debt) is borrowed money. It is often used to supple­ment or enhance the total return on an investment. However, it is also recognized that leverage, when used excessively, can have a significant negative impact on the performance of an invest­ment. Leverage risks may include an inability to pay off the interest from the cash flow from the property. Rates on loans can adjust to higher levels, and there's potential for default on loans. In an effort to maximize the performance of a REIT portfolio, a number of factors are considered in evaluating financing options. Some of the more common factors include cost of capital, fixed versus variable debt, loan-to-value and debt coverage ratio.

Past performance is no guarantee of future results.

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Securities distributed by affiliate broker-dealer: Cole Capital Corporation, Member FINRA/SIPC.