American Realty Capital Trust III, Inc.

American Realty Capital Trust III, Inc.
Scorecard
Property Portfolio: As of
March 31, 2012 (1)
Number of Properties
93
% Investment Grade Tenants (S&P BBB- or Better)
75.3%
Occupancy
100%
Weighted Average Capitalization Rate (2)
7.8%
Defaults / Delinquencies / Impairments
None
Total Acquisition Purchase Price
$268.2 million
Mortgage Notes (non-recourse, secured financing)
$81.2 million
Leverage Ratio (3) (mortgage notes divided by total purchase price)
30.3%
% Fixed Rate Mortgage Notes (including in-place interest rate hedges)
100%
Weighted Average Remaining Debt Term—Mortgage Notes
5.8 years
Earliest Debt Maturity—Mortgage Notes
2016
Weighted Average Remaining Lease Term
13.0 years
Earliest Lease Expiration
2019 (0.4% of total annualized rental income)
Proceeds Raised (4)
$318.2 million
(net operating income divided by base purchase price, using straight-line rent)
(1) The scorecard information detailed above reflects data that is included in the Company’s Post-Effective Amendment No. 2, filed with the Securities and Exchange
Commission on April 18, 2012.
(2) The weighted average capitalization rate is computed by taking the average of the net operating income of the portfolio divided by the base purchase price of
the portfolio. Net operating income is based on actual annualized rental income on a straight-line basis computed in accordance with U.S. Generally Accepted
Accounting Principles, plus annualized operating expense reimbursements, less annualized operating expenses of the property for all properties acquired by the
Company as of the end of the period.
(3) Our charter permits up to 75% leverage.
(4) Includes proceeds raised through the sale of common stock as of March 31, 2012.
All properties pictured are owned by the issuer
THIS IS NEITHER AN OFFER TO SELL NOR A SOLICITATION OF AN OFFER TO BUY THE SECURITIES DESCRIBED HEREIN. AN
OFFERING IS MADE ONLY BY PROSPECTUS. THIS LITERATURE MUST BE PRECEDED OR ACCOMPANIED BY A CURRENT
PROSPECTUS. AS SUCH, A COPY OF THE CURRENT PROSPECTUS MUST BE MADE AVAILABLE TO YOU IN CONNECTION WITH
THIS OFFERING. YOU SHOULD READ THE CURRENT PROSPECTUS IN ORDER TO UNDERSTAND FULLY ALL OF THE IMPLICATIONS
AND RISKS OF THE OFFERING OF SECURITIES TO WHICH IT RELATES. AN INVESTMENT IN AMERICAN REALTY CAPITAL TRUST
III, INC. SHOULD BE MADE ONLY AFTER A CAREFUL REVIEW OF THE PROSPECTUS. No offering is made except by a prospectus filed
with the Department of Law of the State of New York. Neither the Attorney-General of the State of New York nor any other state or federal regulator
has passed on or endorsed the merits of this offering or these securities or confirmed the adequacy or accuracy of the prospectus. Any representation to
the contrary is unlawful. All information contained in this material is qualified in its entirety by the terms of the current prospectus. The achievement
of goals is not guaranteed. For more complete information about investing in American Realty Capital Trust III, Inc., including risks, charges and
expenses, refer to our prospectus.
Some of the riSk factorS associated with an investment in the reit include, without limitation: (1) Due to the risks involved in the
ownership of real estate, there is no guarantee of any return on your investment, and you may lose all or a portion of your investment; (2) Distributions
are not guaranteed. We may fund distributions from, and we have in the past funded distributions from, unlimited amounts of any source, including
borrowing funds, using proceeds from this offering, issuing additional securities or selling assets if we are unable to pay distributions with our
cash flows from our operations. Distributions to our stockholders could reduce the cash available to us and could constitute a return of capital to
stockholders. FOR ADDITIONAL RISK FACTORS, PLEASE SEE THE REVERSE SIDE
American Realty Capital Trust III, Inc.
Scorecard
www.arct-3.com
iNVeStor iNQUirieS
Broker DeaLer iNQUirieS
For more information on American Realty Capital Trust III,
Inc., please contact your financial professional.
Realty Capital Securities, LLC
Three Copley Place, Suite 3300, Boston, MA 02116
877-373-2522 | www.rcsecurities.com
Realty Capital Securities, LLC (Member FINRA/SIPC), is the dealer manager for American Realty Capital Trust III, Inc.,
an affiliate.
riSk factorS: (3) We are depending on our advisor to select investments and conduct our operations, and adverse
changes in the financial condition of our advisor or our relationship with our advisor could adversely affect us, (4) No public
market exists for our shares of common stock, which are illiquid, nor may a public market ever exist; (5) There are substantial conflicts among
the interests of our investors, our interests and the interests of our advisor, sponsor, dealer manager and our and their respective affiliates
regarding compensation, investment opportunities and management resources, (6) Our investment objectives and strategies may be changed
without stockholder consent; (7) We are obligated to pay substantial fees to our advisor, which may result in our advisor recommending riskier
investments; (8) We may incur substantial debt, which could hinder our ability to pay distributions to our stockholders or could decrease the
value of your investment if income on, or the value of, the property securing the debt falls; (9) Our organizational documents permit us to pay
distributions from any source, including proceeds from this offering and financings to fund distributions until we have sufficient cash flow.
There are no established limits on the amounts of such net proceeds and borrowings that we may use. Any of these distributions may reduce
the amount of capital we ultimately invest in properties and other permitted investments and negatively impact the value of your investment;
(10) Our failure to qualify or remain qualified as a REIT would result in higher taxes, may adversely affect our operations, would reduce the
amount of income available for distribution and would limit our ability to make distributors to our stockholders; (11) There are limitations on
ownership and transferability of our shares; (12) The management of multiple REITs by our executive officers and officers of our advisor may
significantly reduce the amount of time spent on activities related to us and cause other conflicts of interest, which may cause operating results
to suffer; (13) We will compete for investors with other programs of our sponsor.
Property Snapshot
Current Tenants: