• The tenant has over 15 years remaining on its lease with 6 (5-year) options to extend, demonstrating their commitment to the site
• The lease features a 6% rental increase in 2029 and 8% increases at the beginning of each option period, steadily growing NOI and hedging against inflation
• Tenant pays for CAM, taxes, insurance and maintains all aspects of the premises
• No landlord responsibilities
• Ideal, management-free investment for a passive investor
• The property is located right off of US Highway 15, which averages over 103,500 vehicles passing by daily
• The site is located within walking distance to Hillcrest Center Shopping Center, a 90,000+ square foot center that features national tenants such as Aldi, Dollar Tree, Planet Fitness, and many more
• The property is in the center of a primary retail corridor with other nearby national/credit tenants including Home Depot, Harbor Freight, Petco, Starbucks, McDonald’s, 7-Eleven, Dunkin, and more, further increasing consumer traffic to the site
• More than 134,200 residents and 78,300 employees support the trade area
• $131,155 average household income