| Low Average Rent PSF/Building Price PSF - The average rent per square foot for the Property is less than $6 per square foot net |
| Zero Interior Mall Expenses - The property benefits from being connected to the mall but does not contribute to the interior mall expenses. |
| Well Located within the Trade Area - Located directly on Highway 53, the primary north south thoroughfare that connects Duluth to the Iron Range |
| Mall Redevelopment - The interior portion of the Uptown Virginia Mall is going through a renovation that includes a new Marshall’s opening 2026. |
| Captive Trade Area -The population of Virginia is 8,500 but the trade area is expansive and includes over 70,000 people spanning over a 20-mile radius |
Amy Senn
Mid-America Real Estate Corp.
