| Absolute NNN Sale-Leaseback: 17,995 SF facility with a corporate-guaranteed lease requiring zero landlord maintenance or expense responsibility. |
| Terms include 10% rent increases every five years and two 5-year renewal options. |
| Top Tier Performance: High-volume location ranked in the 79th percentile (top 21%) of La-Z-Boy stores nationally, recording over 20,300 visits |
| Brand Strength: La-Z-Boy (NYSE: LZB) is a legacy brand with nearly 100 years of operation and nationwide name recognition. |
| Resilient Asset Class: Internet-resistant tenancy; the “try-before-you-buy” nature of furniture ensures long-term utility of the physical showroom. |
| Prime Retail Corridor: Located on Sisk Rd (11,500+ VPD) near Vintage Faire Mall, Modesto’s primary regional shopping destination. |
David Kram
CP Partners CRE
