INAV POS AM No.16 April 2020

Table of Contents As filed with the Securities and Exchange Commission on April 28, 2020 Registration No. 333-213271 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 __________________________________________________________ Post-Effective Amendment No. 16 To Form S-11 FOR REGISTRATION UNDER THE SECURITIES ACT OF 1933 OF SECURITIES OF CERTAIN REAL ESTATE COMPANIES __________________________________________________________ CIM Income NAV, Inc. (Exact Name of Registrant as Specified in its Governing Instruments) __________________________________________________________ 2398 East Camelback Road, 4th Floor Phoenix, AZ 85016 (602) 778-8700 (Address, Including Zip Code, and Telephone Number, including Area Code, of Registrant’s Principal Executive Offices) __________________________________________________________ Nathan D. DeBacker CIM Income NAV, Inc. Chief Financial Officer and Treasurer 2398 East Camelback Road, 4th Floor Phoenix, AZ 85016 (602) 778-8700 (Name, Address, Including Zip Code, and Telephone Number, Including Area Code, of Agent for Service) __________________________________________________________ Copies to: Lauren Burnham Prevost, Esq. Seth K. Weiner, Esq. Morris, Manning & Martin LLP 1600 Atlanta Financial Center 3343 Peachtree Road, N.E. Atlanta, Georgia 30326-1044 (404) 233-7000 __________________________________________________________ Approximate date of commencement of proposed sale to the public: As soon as practicable following effectiveness of this Registration Statement. If any of the securities registered on this Form are to be offered on a delayed or continuous basis pursuant to Rule 415 under the Securities Act, check the following box: If this form is filed to register additional securities for an offering pursuant to Rule 462(b) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. If this form is a post-effective amendment filed pursuant to Rule 462(c) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. If this form is a post-effective amendment filed pursuant to Rule 462(d) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. If delivery of the prospectus is expected to be made pursuant to Rule 434, check the following box. Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act. Large accelerated filer Accelerated filer Non-accelerated filer Smaller reporting company Emerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards pursuant to Section 7(a)(2)(B) of the Securities Act. The Registrant hereby amends this Registration Statement on such date or dates as may be necessary to delay its effective date until the Registrant files a further amendment which specifically states that this Registration Statement will thereafter become effective in accordance with Section 8(c) of the Securities Act of 1933 or until the Registration Statement becomes effective on such date as the Commission, acting pursuant to said Section 8(c), may determine. Table of Contents This Post-Effective Amendment No. 16 consists of the following: 1. The Registrant’s final prospectus dated February 28, 2020. 2. Supplement No. 4 dated April 28, 2020 to the Registrant’s prospectus dated February 28, 2020, included herewith, which supersedes and replaces all prior supplements to the prospectus dated February 28, 2020, and which will be delivered as an unattached document along with the prospectus dated February 28, 2020. 3. Part II, included herewith. 4. Signatures, included herewith. Table of Contents PROSPECTUS CIM Income NAV, Inc. Maximum Offering of $4,000,000,000 CIM Income NAV, Inc. is a corporation that primarily acquires single-tenant necessity commercial properties, which are leased to creditworthy tenants under long-term net leases. By utilizing this conservative and disciplined investment approach, we expect to generate a relatively predictable and stable current stream of income for stockholders, along with the potential for long-term capital appreciation in the value of our real estate. We have elected to be taxed, and currently qualify, as a real estate investment trust (“REIT”), for federal income tax purposes commencing with our taxable year ended December 31, 2012. We are externally managed by our advisor, CIM Income NAV Management, LLC (“CIM Income NAV Management”), which is owned by CCO Group, LLC. CCO Group, LLC and its subsidiaries (collectively, “CCO Group”) serve as our sponsor. CCO Group is a group of affiliated entities directly or indirectly owned and controlled by CIM Group, LLC (“CIM”). CIM is a community-focused real estate and infrastructure owner, operator, developer and lender with multi- disciplinary expertise, including acquisitions, management, development, leasing, research and capital markets. CIM is headquartered in Los Angeles, California and has offices in Oakland, California; Bethesda, Maryland; Dallas, Texas; New York, New York; Chicago, Illinois; and Phoenix, Arizona. Our advisor has engaged a sub-advisor to assist in selecting and managing the component of our portfolio consisting of liquid assets. Pursuant to this prospectus, we intend to offer Class D Shares of common stock, Class T Shares of common stock, Class S Shares of common stock, and Class I Shares of common stock, which we refer to herein as “D Shares,” “T Shares,” “S Shares” and “I Shares,” respectively, on a continuous basis and for an indefinite period of time, by filing a new registration statement before the end of each prior offering, subject to regulatory approval. Pursuant to this prospectus, we are offering up to $4.0 billion in shares of common stock of the four classes, consisting of up to $3.5 billion in shares in our primary offering and up to $500.0 million in shares pursuant to our distribution reinvestment plan. We are offering to sell any combination of D Shares, T Shares, S Shares and I Shares with a dollar value up to the maximum offering amount. As of January 24, 2020, we had approximately 18.0 million D Shares outstanding, approximately 14.4 million T Shares outstanding, approximately 7,000 S Shares outstanding and approximately 1.1 million I Shares outstanding. The per share purchase price may vary from day-to-day and, on each day, will equal, for each class of common stock, the sum of the net asset value (“NAV”) for such class, divided by the number of shares of that class outstanding as of the end of business on such day (NAV per share plus, for T Shares and S Shares sold in the primary offering only, applicable upfront selling commissions). On January 24, 2020, our NAV per share was $17.71, $17.33, $17.33 and $17.98, per D Share, per T Share, per S Share and per I Share, respectively. Our independent fund accountant calculates our NAV per share reflecting several components, including (1) estimated values of each of our commercial real estate assets, related liabilities and notes receivable secured by real estate based upon individual appraisal reports provided periodically by an independent valuation expert, (2) the price of liquid assets for which third party market quotes are available, (3) accruals of our daily distributions and (4) estimated accruals of our operating revenues and expenses. Although we do not intend to list our common stock for trading on a stock exchange or other trading market, we have adopted a redemption plan designed to provide our stockholders with limited liquidity on any business day for their investment in our shares. This investment involves a high degree of risk. You should purchase these securities only if you can afford a significant decline in, or a complete loss of, the value of your investment. See “Risk Factors” beginning on page 33 for risks to consider before buying our shares, including: • As of January 24, 2020, we owned 128 real estate properties and we have not identified all of the specific properties that we may purchase with future offering proceeds. Therefore, this is a “blind pool” offering and you will not be able to evaluate our additional acquisitions prior to the time of purchase. • There is no public market for our shares of common stock, and our charter does not require us to effect a liquidity event at any point in time in the future. • Our redemption plan provides stockholders with the opportunity to redeem their shares on any business day, but redemptions will be subject to available liquidity and other potential restrictions. • During certain periods, we have paid, and may in the future pay, distributions and fund redemptions, in whole or in part, from sources other than cash flow from operations, including borrowings and proceeds from the sale of our securities in this offering or asset sales, and we have no limits on the amounts we may pay from such other sources. • The valuation methodologies used

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