• Single-Tenant Ross Dress for Less:
° Corporate guaranteed lease by nation’s largest off-price retailer (Ross Stores, Inc.)
° NN+ Lease with minimal landlord responsibilities, ideal for a passive investor
° 4.4-years remaining on Primary Lease Term, with one (1), 5-year Options
° Rare rental increases of $1/PSF every 5 years, including options
° Mission Plaza Shopping Center is the #1 Busiest Shopping Center in Lompoc (Placer.ai)
• About Ross Dress for Less:
° Ross Stores, Inc. (NASDAQ: ROST)
° 1,764 stores spread across 43 states in North Americas & additionally operating 345 dd’s
DISCOUNTS® stores in 22 states
° S&P 500, Fortune 500, and Nasdaq-100 company
° Investment Grade Tenant (BBB+ S&P, Moody’s A2)
° $20.4 billion in reported revenue for 2023
° Close to 75 Years of Operational Experience
• Rare Single Tenant End Cap to High Performing Albertsons Anchored Shopping Center:
The #1 busiest center in Lompoc (Placer.ai)
• Long-Term, Well-Established Location: Ross has been committed to this site for over 22 years
• Low Rent Big Box Deal at $10 PSF, Potential for Future Upside
• Multi-Access Shopping Center: Mission Plaza Shopping Center allows for various points of ingress
& egress access to the site
• #1 Busiest Signalized Intersection in Lompoc (44,000+ CPD)
• Affluent Average Household Incomes of $111,000 in the Surrounding Trade Area
• Primary Commercial Node: Located in the major commercial artery of the trade area
° Shopping Center Pad Tenants include Starbucks, Taco Bell, Circle K, and Chase Bank
° Nearby retailers include Walmart, Big 5 Sporting Goods & Tractor Supply