| Kohl's was a 97th percentile performer nationally in 2025, and PetSmart was a 95th percentile performer nationally. |
| Exceptionally low single-digit Kohl's rent of $7.28 Triple Net (NNN) PSF. |
| Kohl’s has a significant 10% rental increase in its next option period commencing in early 2028. |
| PetSmart has 7+ years remaining, with a 5% rent bump in June 2028. |
| Strategically located in a densely populated, prime retail trade area with 103,963 residents within a 5-mile radius. |
| Limited competition with zero other Kohl’s or PetSmart stores within a 26-mile radius of the subject asset. |
Ben Kohl
Sands Investment Group
