SRS Capital Markets is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an NNN leased, corporate guaranteed, Hobby Lobby investment property located in La Quinta, California. The tenant, Hobby Lobby Stores, Inc., has over 4 years remaining in their initial lease term with 4 (5-year) options to extend. The lease features an approximate 4% rental increase at the beginning of each option period, growing NOI and hedging against inflation. The lease is corporate guaranteed by Hobby Lobby Stores, Inc., and is NNN with landlord responsibilities limited to roof and structure. Hobby Lobby is the largest privately owned arts-and-crafts retailer in the world with over 900 stores in forty-six states.