EX-10.3






SECOND AMENDMENT TO AGREEMENT FOR

PURCHASE AND SALE OF REAL PROPERTY AND ESCROW INSTRUCTIONS




This SECOND AMENDMENT TO AGREEMENT FOR PURCHASE AND SALE OF REAL PROPERTY AND ESCROW
INSTRUCTIONS (this “Second Amendment”) is entered into as of March 5, 2008, by and between FORT
ROAD ASSOCIATES LIMITED PARTNERSHIP, a Minnesota limited partnership (“Seller”), and TRIPLE NET
PROPERTIES, LLC, a Virginia limited liability company (“Buyer”), with reference to the following
Recitals:



R E C I T A L S




A. Seller and Buyer have previously entered into that certain Agreement for Purchase and Sale
of Real Property and Escrow Instructions dated as of January 14, 2008, as amended by that certain
First Amendment to Agreement for Purchase and Sale of Real Property and Escrow Instructions dated
as of January 31, 2008 (collectively, the “Purchase Agreement”), wherein Seller agreed to sell to
Buyer, and Buyer agreed to purchase from Seller, that certain “Property” more particularly
described in the Purchase Agreement, on the terms and conditions set forth in the Purchase
Agreement.



B. Seller and Buyer desire to amend the Purchase Agreement as more particularly set forth
herein.



NOW, THEREFORE, in consideration of the foregoing Recitals (which are incorporated herein by
this reference) and for other good and valuable consideration, the receipt and sufficiency of which
are herby acknowledged, the parties hereto agree as follows:



A G R E E M E N T




1. Definitions. All initially capitalized terms not otherwise defined herein shall
have the meanings given to such terms in the Purchase Agreement unless the context clearly
indicates otherwise. All references to “the Agreement” or “this Agreement” in the Purchase
Agreement or in this Second Amendment shall mean and refer to the Purchase Agreement as amended by
this Second Amendment.



2. Medical Offices Lease Agreement. Buyer and Seller hereby agree that the Medical
Offices Lease Agreement shall not be delivered to Escrow Holder prior to Close of Escrow. The
Medical Offices Lease Agreement shall be executed by Buyer and Nath Management, Inc. within thirty
(30) days after Close of Escrow. Buyer shall provide to Nath Management, Inc. an SNDA from Buyer’s
lender for the Medical Offices Lease Agreement for execution by Nath Management, Inc., Buyer and
Buyer’s lender.



3. Apartment Lease Agreement. Buyer and Seller hereby agree that the Apartment Lease
Agreement shall not be delivered to Escrow Holder prior to Close of Escrow. The Apartment Lease
Agreement shall be executed by Buyer and Nath Management, Inc. within thirty (30) days of Close of
Escrow. Buyer shall provide to Nath Management, Inc. an SNDA from Buyer’s lender for the Apartment
Lease Agreement for execution by Nath Management, Inc., Buyer and Buyer’s lender.



4. Effect of this Second Amendment. Except as amended and/or modified by this Second
Amendment, the Purchase Agreement is hereby ratified and confirmed and all other terms of the
Purchase Agreement are and shall remain in full force and effect, unaltered and unchanged by this
Second Amendment. In the event of any conflict between the provisions of this Second Amendment and
the provisions of the Purchase Agreement, the provisions of this Second Amendment shall control.
Whether or not specifically amended by this Second Amendment, all of the terms and provisions of
the Purchase Agreement are hereby amended to the extent necessary to give effect to the purpose and
intent of this Second Amendment.



5. Counterparts. This Second Amendment may be executed in any number of counterparts
with the same effect as if all of the parties had signed the same document. All counterparts shall
be construed together and shall constitute one agreement.



[Signatures on next page]





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IN WITNESS WHEREOF, the parties hereto have caused this Second Amendment to be executed by
their duly authorized representatives as of the date Second referenced above.



	 	 	 
	SELLER:

	 	FORT ROAD ASSOCIATES LIMITED PARTNERSHIP,

a Minnesota limited partnership
	
 
	 	By: /s/ Kenneth Stanecki

Name: Kenneth Stanecki

Title: President
	BUYER:

	 	TRIPLE NET PROPERTIES, LLC,

a Virginia limited liability company
	
 
	 	By: /s/ Jeff Hanson

Name: Jeff Hanson

Title: Chief Investment Officer







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