| REI is a prominent outdoor retail co-operative boasting a vast membership exceeding 20 million lifetime members and operating across 190 locations. |
| This significant investment is solidified by a comprehensive 10-year net lease agreement. This substantial lease commences July 2025. |
| 12% rental increases every five years across the initial term and four 5-year options provide robust income growth for investors. |
| Located in Durango, a sought-after Mountain West destination, ideal for REI’s outdoorfocused customer base. |