| Mark-to-Market & NNN Upside: In-place rents ~30%–50% below market; NNN rents estimated at $11–$14/SF |
| Recent 5-Year Extensions: All tenants recently extended, reducing rollover risk and stabilizing cash flow |
| Proven Tenant Longevity: Staples (33 years), Dunham’s Sports (27 years), Verizon (recent extension) |
| Strong Sales Performance: Dunham’s Sports reports annual sales exceeding $5 million |
| Landlord-Friendly Leases: Pass-through and fixed reimbursements provide predictable income and easy management |