• New 15 Year Absolute NNN Lease with Four 5-Year Options to Renew
• 10% Rent Increases Every 5 Years Throughout the Initial Term and in Each of the Option Periods
• Lease Guaranteed by Montfort Companies Parent Entity - Montfort is the Largest 7-Eleven
Franchisee and Growing C-Store Operator Under the BP Brand, Which Has a Strong Presence in Minnesota
• Convenience Stores Have Been Designated an "Essential Business" by the Department of Homeland Security
• C-Stores Generate "Daily Needs" Business and Have a Stable Consumer Base
• Fuel Profit Margins Have Increased Year Over Year
• Newer Construction Asset and Larger Format, 1,200 Square Foot Store with 6 Multiple Pump Dispensers (12 Fueling Pumps)
• Strategically Positioned at the Entrance to Walmart Supercenter with a Direct, Signalized Entrance
• The Only Walmart Within 30 Minutes
• Located Off Interstate 35 with Over 30,000 Vehicles Per Day
•Stretches from Canada to Mexico and is One of the Busiest Highways in the Nation
• Less Than Half a Mile from Pine Technical & Community College with More Than 700 Students Enrolled
• Situated 1 Mile from Pine City High School & Elementary Schools with over 1,600 Students & Faculty