| Single-Tenant Maurices Pad to Walmart Supercenter |
| Recently Extended Corporate Cease With Minimal Landlord Responsibilities |
| Three 3-Year Options Remaining With Scheduled Rent Increases |
| Near-Term Upside Opportunity: 8.62% cap rate with scheduled rent increase in 2027; percentage rent allows for additional NOI |
| Proven Track Record at This Location: Maurices has been operating at the site for 14 years; reported sales support a healthy rent-to-sales ratio |
| Ideal Exposure Along North Eighth Street with Strong Regional Draw |
Beau Velten
Hanley Investment Group
