# Secure Properties full-cycle data
Source: https://baker1031.com/data/full-cycle/sponsors/secure-properties
Compiled: 2026-11-03. Source workbook: full_cycle_sponsor_summary_reviewed.xlsx; SHA-256: 57b6a4f1684fe8705993e9ddbe73bdadc275be6df22e56a12153298457264a8e. This date describes the compilation, not the currency of every underlying record.
## Data limitations and educational use
This data was collected from sponsor materials and manually entered into a data file for analysis. Transcription, calculation or classification errors may exist. The compilation has not been independently audited or verified for correctness, completeness or currency. Consult the current private placement memorandum (PPM), its supplements and sponsor reports for complete, up-to-date track-record information.
Displayed metrics use the higher endpoint of each reported range, including averages and medians of those values. Selecting higher return or multiple endpoints presents the more favorable source case. These figures do not establish typical or expected performance. Original ranges remain in the underlying data and source materials.
Some source data is dated, estimated or based on valuations rather than cash exits. Sponsors may use different periods, fees, return definitions and calculation methods, making direct comparisons unreliable or impossible. Available histories may be incomplete or selected, and exclusions and missing values affect each metric’s sample. Averages are not pooled investor returns or a ranking of sponsors.
For educational purposes only. This data is not investment, tax or legal advice, a recommendation, or an offer to buy or sell securities. Past performance does not guarantee or predict future results. Real estate securities are speculative and illiquid; distributions are not guaranteed and investors may lose their entire investment.
## Data coverage
| Measure | Value |
| --- | --- |
| Investment histories | 837 |
| Sponsors covered (25 with histories) | 39 |
| Annual-return observations | 737 |
Source basis: Investor (fees unspecified).
| Metric | Value |
| --- | --- |
| Offerings listed | 27 |
| Avg. annual return | 70.78% |
| Avg. hold (years) | 1.83 |
| Avg. equity multiple | 1.90x |
| Success Rate | 100.00% |
| Field | Value |
| --- | --- |
| Median annual return | 33.50% |
| Source-estimated results | 0 |
| Valuation-qualified outcomes | 0 |
| Outcomes inferred from return signs | 0 |
| Investment | Sponsor | Property type | Location | Start | End | Hold years | Annual return | Multiple | IRR | Outcome |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [AAP Port Richey](https://baker1031.com/data/full-cycle/investments/c86137b71bb5ec1b.md) [40](#note-40) [46](#note-46) | Secure Properties | Automotive parts and service | Unavailable | 2023-03-31 | 2024-06-07 | 1.19 | 18.31% | 1.22x | 18.00% | Break-even or better |
| [Alliance Animal](https://baker1031.com/data/full-cycle/investments/0ae1f8af28b5843f.md) [40](#note-40) [46](#note-46) | Secure Properties | Vet (Development) | Unavailable | 2021-12-30 | 2024-01-04 | 2.01 | 0.95% | 1.02x | 0.90% | Break-even or better |
| [Applebees](https://baker1031.com/data/full-cycle/investments/adcb5489eab77f5d.md) [40](#note-40) [46](#note-46) | Secure Properties | Casual Dining | Unavailable | 2021-05-05 | 2023-12-15 | 2.61 | 37.03% | 1.97x | 47.70% | Break-even or better |
| [Big Brand Tire](https://baker1031.com/data/full-cycle/investments/f8aaf0dac7569d39.md) [40](#note-40) [46](#note-46) | Secure Properties | Automotive parts and service | Unavailable | 2021-12-29 | 2022-05-12 | 0.37 | 63.71% | 1.23x | 74.00% | Break-even or better |
| [Circle K Jacksonville](https://baker1031.com/data/full-cycle/investments/544c1d735dfe6532.md) [40](#note-40) [46](#note-46) | Secure Properties | Convenience Store | Unavailable | 2021-06-25 | 2024-11-30 | 3.43 | 19.81% | 1.68x | 23.00% | Break-even or better |
| [El Car Wash](https://baker1031.com/data/full-cycle/investments/240f26652de34f32.md) [40](#note-40) [46](#note-46) | Secure Properties | Car Wash | Unavailable | 2023-12-29 | 2025-01-10 | 1.03 | 33.50% | 1.35x | 60.80% | Break-even or better |
| [Equipment Share](https://baker1031.com/data/full-cycle/investments/0c380943b28c612e.md) [40](#note-40) [46](#note-46) | Secure Properties | Industrial | Unavailable | 2021-10-04 | 2025-05-08 | 3.59 | 16.72% | 1.60x | 36.70% | Break-even or better |
| [Guidepost](https://baker1031.com/data/full-cycle/investments/8dd70629baeab952.md) [10](#note-10) [42](#note-42) [46](#note-46) | Secure Properties | Education (Development) | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | 1.73x | 156.20% | Break-even or better |
| [Huddle House](https://baker1031.com/data/full-cycle/investments/39ef9e4d76358090.md) [40](#note-40) [46](#note-46) | Secure Properties | QSR | Unavailable | 2020-12-31 | 2023-12-13 | 2.95 | 38.55% | 2.14x | 113.10% | Break-even or better |
| [Johnson Portfolio](https://baker1031.com/data/full-cycle/investments/141640c49aa06b23.md) [40](#note-40) [46](#note-46) | Secure Properties | QSR and Automotive | Unavailable | 2021-11-18 | 2022-10-18 | 0.91 | 88.34% | 1.81x | 88.30% | Break-even or better |
| [Maaco](https://baker1031.com/data/full-cycle/investments/4abda1f3e15d8cc4.md) [40](#note-40) [46](#note-46) | Secure Properties | Collision Repair | Unavailable | 2021-07-16 | 2023-08-24 | 2.11 | 24.82% | 1.52x | 71.10% | Break-even or better |
| [Main Street 5-Pack](https://baker1031.com/data/full-cycle/investments/77a2018898672b07.md) [40](#note-40) [46](#note-46) | Secure Properties | Collision Repair | Unavailable | 2022-09-28 | 2025-02-25 | 2.41 | 7.53% | 1.18x | 8.90% | Break-even or better |
| [MBN Development](https://baker1031.com/data/full-cycle/investments/110824ac3a1428d5.md) [40](#note-40) [46](#note-46) | Secure Properties | QSR (Development) | Unavailable | 2021-03-23 | 2023-12-22 | 2.75 | 40.00% | 2.10x | 39.00% | Break-even or better |
| [Mister Car Wash](https://baker1031.com/data/full-cycle/investments/6a232b59526d5e68.md) [40](#note-40) [46](#note-46) [47](#note-47) | Secure Properties | Car Wash | Unavailable | 2023-04-14 | 2024-11-20 | 1.60 | 8.08% | 1.13x | 4.00% | Break-even or better |
| [Mr. Happy Burger](https://baker1031.com/data/full-cycle/investments/4973bcbd848f728f.md) [40](#note-40) [46](#note-46) | Secure Properties | Casual Dining | Unavailable | 2022-01-27 | 2022-09-15 | 0.63 | 59.38% | 1.38x | 62.00% | Break-even or better |
| [NOOD Portfolio](https://baker1031.com/data/full-cycle/investments/7c0f4b3edfe82689.md) [40](#note-40) [46](#note-46) | Secure Properties | QSR | Unavailable | 2024-07-02 | 2026-03-26 | 1.73 | 51.33% | 1.89x | 74.60% | Break-even or better |
| [Ojos Locos Weslaco](https://baker1031.com/data/full-cycle/investments/2a6ef9d30880c3f7.md) [40](#note-40) [46](#note-46) | Secure Properties | Casual Dining | Unavailable | 2023-04-06 | 2023-10-03 | 0.49 | 55.43% | 1.27x | 70.20% | Break-even or better |
| [Orion Energy Systems](https://baker1031.com/data/full-cycle/investments/4b176cf0268a1c2e.md) [40](#note-40) [46](#note-46) | Secure Properties | Industrial | Unavailable | 2020-01-31 | 2020-07-10 | 0.44 | 143.30% | 1.63x | 175.00% | Break-even or better |
| [Raising Canes Champaign](https://baker1031.com/data/full-cycle/investments/58eb65a45fd9896b.md) [40](#note-40) [46](#note-46) | Secure Properties | QSR | Unavailable | 2022-06-22 | 2023-07-28 | 1.10 | 899.97% | 10.88x | 778.20% | Break-even or better |
| [Ranews](https://baker1031.com/data/full-cycle/investments/7e96dcd499f5ae12.md) [40](#note-40) [46](#note-46) | Secure Properties | Industrial | Unavailable | 2022-09-28 | 2024-10-01 | 2.01 | 8.19% | 1.16x | 7.70% | Break-even or better |
| [Slim Chickens](https://baker1031.com/data/full-cycle/investments/411f235af64e897a.md) [40](#note-40) [46](#note-46) | Secure Properties | QSR | Unavailable | 2021-08-26 | 2024-05-22 | 2.74 | 7.39% | 1.20x | 7.00% | Break-even or better |
| [Sperber](https://baker1031.com/data/full-cycle/investments/47e645c7f94fe605.md) [40](#note-40) [46](#note-46) | Secure Properties | Industrial | Unavailable | 2021-11-10 | 2023-08-30 | 1.80 | 18.36% | 1.33x | 16.00% | Break-even or better |
| [Spring Education](https://baker1031.com/data/full-cycle/investments/28a7f518663e6b5c.md) [40](#note-40) [46](#note-46) [47](#note-47) | Secure Properties | Education | Unavailable | 2020-12-29 | 2025-12-31 | 5.00 | 40.81% | 3.04x | 19.00% | Break-even or better |
| [Stop & Shop](https://baker1031.com/data/full-cycle/investments/b20b007ecc0ed647.md) [40](#note-40) [46](#note-46) | Secure Properties | Grocery | Unavailable | 2023-02-23 | 2024-10-15 | 1.64 | 27.46% | 1.45x | 32.60% | Break-even or better |
| [Superior Huntington](https://baker1031.com/data/full-cycle/investments/7fea015df1657394.md) [9](#note-9) [42](#note-42) [46](#note-46) | Secure Properties | Industrial | Unavailable | 2024-08-06 | 2024-09-12 | 0.10 | Unavailable | Unavailable | Unavailable | Outcome unavailable |
| [Valvoline OKC](https://baker1031.com/data/full-cycle/investments/17d2c74a7767c3fe.md) [40](#note-40) [46](#note-46) | Secure Properties | Oil Change | Unavailable | 2023-09-21 | 2023-12-29 | 0.27 | 52.78% | 1.14x | 60.10% | Break-even or better |
| [Z Grilled Chicken](https://baker1031.com/data/full-cycle/investments/09b622a444a3c1ba.md) [40](#note-40) [46](#note-46) | Secure Properties | QSR | Unavailable | 2022-05-26 | 2025-02-25 | 2.75 | 7.83% | 1.22x | 8.90% | Break-even or better |
## Footnotes
### 9. Superior Huntington
Superior Huntington: no investor capital was called; source MOIC and IRR are N/A. The offering remains listed, with return magnitude and success outcome unavailable rather than treated as a failure.
Treatment: Source warning / existing missing input; offering retained
Source: Secure Properties - Secure Net Lease Industrial II, DST - PPM.pdf, PDF viewer pages 67.
### 10. Guidepost
Guidepost: an 18-asset program reports “Various” dates. Its cash multiple and success outcome remain; a single hold or simple annual-return estimate is unavailable.
Treatment: Source warning / existing missing input; offering retained
Source: Secure Properties - Secure Net Lease Industrial II, DST - PPM.pdf, PDF viewer pages 67.
### 36. Secure Properties: source basis and comparison samples
Source basis: Investor (fees unspecified). 27 investments are listed. Annual return: 25 available; Hold period: 26 available; Equity multiple: 26 available; Success Rate: 26 available. Missing values and the specific exclusions determine each metric’s sample. Qualifications: 27 histories have unconfirmed investor structures; inclusion does not establish 1031 eligibility.
### 40. Calculated simple annual return
Annual profit is calculated as (equity multiple − 1) / hold years where the source period supports those inputs. This is a descriptive simple annual return; it is not IRR or a compounded portfolio return. Individual calculation notes remain on each investment page.
### 42. Annual return unavailable
No supported comparable annual return is available for this record. An available hold period, multiple or qualified outcome may still enter its own sponsor comparison sample.
### 46. Investor structure unconfirmed
The source does not confirm the investor security structure. The property history remains in the broad screen; inclusion does not establish 1031 eligibility.
### 47. Source-input warning
The source flags inputs or the original measurement period. Consult the investment’s source and calculation notes before comparing the displayed result.
## Proprietary compilation and use
Baker 1031 Investments, LLC’s selection, organization, annotations and presentation form a proprietary compilation. Underlying sponsor materials and third-party content remain subject to their respective owners’ rights. No open-data or redistribution license is granted. Contact Baker 1031 for permission to reproduce the compilation.
Methods: https://baker1031.com/data/full-cycle/methodology.md
Securities offered through Aurora Securities, Inc., member FINRA/SIPC. Baker 1031 Investments, LLC is independent of Aurora Securities, Inc. Contact: hello@baker1031.com.