| Value-Add Opportunity: Upside potential through lease-up of vacancy, conversion of month-to-month tenants, and mark-to-market rent increase |
| Below-Market Rents: Opportunity to increase revenue by adjusting in-place rents to market levels. |
| Expense Reimbursement Upside: Ability to improve net operating income by implementing full CAM recoveries per lease terms. |
| Strong Occupancy History: Stabilized asset with 87.36% current occupancy and a proven track record of tenant retention. |
| Strategic Location: Prime signalized corner location with high visibility and traffic counts exceeding 33,500 VPD. |
| Diversified Tenant Base: Eleven service-oriented tenants providing necessity-based retail and steady foot traffic. |
Edward Nelson
Marcus & Millichap Real Estate Investment Services
