| • | | Strong lineup of food, retail, and service-based tenants including Famous Footwear, FedEx, Panda Express and Batteries Plus |
| • | | 3 of 4 tenants have scheduled rental increases in place |
| • | | FedEx executed an early 10-year renewal |
| • | | At 100% occupancy and a weighted average lease term of 4.5 years, offering provides an ideal, limited short term rollover investment |
| • | | Minimal future capital expenditures with the roof under an extensive warranty through July 2041 |
| • | | Ideally situated as an outparcel to Bohl Farm Marketplace, a 369K+ SF Power Center anchored by Target, Kohl’s, and Fresh Thyme Farmers Market |
| • | | Located along Northwest Highway, a major arterial with 30,800 VPD |
| • | | Nearby multi-family complexes include Residences of Crystal Lake (60 units), Congress Parkway (60 units), Darlington Court (235 units), and others |
| • | | More than 123,200 residents and 51,400 employees support the trade area |
| • | | Residents within 1, 3, & 5 miles of the subject boast an affluent average household income of $113,136, $119,798, and $135,052, respectively |
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Dan Elliot
Senior Vice President,
National Net Lease
D 312.279.5342
M 312.972.7978 |
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Sean Lutz
Senior Vice President,
National Net Lease
D 312.279.5345
M 312.437.8598 |
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SRS National Net Lease
610 Newport Center Drive, Suite 1500 | Newport Beach, California 92660
This information contained herein was obtained from sources deemed to be reliable; however SRS makes no guarantees, warranties or representations as to the completeness or accuracy thereof. |
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