| Newly-Signed Tenant – The lease is backed by CVS Pharmacy and currently subleased by Dollar General. Dollar General subleased the space in August 2024 |
| Replaceable Rent – CVS Corporate is paying $14.68/SF at this location. Per CoStar analytics, the estimated market rent is $16 – $19/SF at this locatio |
| Redevelopment Project – The property is situated on a large 1.3-acre lot with roughly ±37,756 vehicles per day. The site is zoned for general commerci |
| Corporately Guaranteed NNN Lease – The property benefits from a fully guaranteed lease with 5 years remaining from an investment grade tenant with |
| Investment Grade Tenant – Investment Grade Rating by Moody’s and the S&P 500. The lease is guaranteed by CVS Health. |
| Attractive Demographics – The city of Tyler is the most populous city in Northeast Texas. It has consistently grown with a recent population statistic |