SRS National Net Lease is pleased to offer the opportunity to acquire the leased fee interest (land ownership) in a NNN leased, freestanding, Kohl’s investment property located in Spanish Fort, AL (Mobile MSA). The tenant, Kohl’s, Inc., has over 4 years of firm term remaining with an additional 6 (5-year) option periods left to extend. The lease features 5% rental increases at the beginning of each option period, growing NOI and hedging against inflation. The lease is signed by the corporate entity and is NNN with limited landlord responsibilities, making this an ideal, low-management investment opportunity for a passive investor. Founded in 1927, Kohl’s is a leading American department store retail chain with over 1,100 operating stores throughout 49 states.