| Portfolio consisting of a 65,000-square-foot Safeway grocery store (fee simple ownership) and a 1.19-acre gas station fuel pad (ground lease). |
| Low-responsibility NNN leases and future CapEx mitigated by a 2023 renovation of the Safeway, which integrated it with the adjoining liquor store. |
| Over six years WALT with nine (five-year) options to extend and built-in escalations, backed by Safeway’s parent, Albertsons Companies (NYSE: ACI). |
| Strong direct consumer base within a 5-mile radius, boasting an average annual household income of $182,576, with few competing grocers nearby. |
| Conifer is a popular recreation destination 40 min from Denver; this high-visibility center maximizes exposure to travelers on Hwy 285 (22,000 VPD). |
| Conveniently accessible for locals on the town’s main road with Conifer Senior High School and multiple national brands nearby, increasing co-traffic. |
Patrick Luther
SRS National Net Lease
