INVESTMENT OFFERING

• Prime Location | Situated on the main retail corridor in Spencer, providing unique tenant appeal and long-term real estate value.
• High Credit Anchor Tenant | TJ Maxx committed to a long-term lease at the site, and has an S&P Credit Rating of “A” and over 1,300 locations nationwide.
• Only TJ Maxx within a 50-Mile Radius | TJ Maxx experiences over 295,000+ Annual Visitors, per Placer.ai.
• Minimal Landlord Responsibilities | All tenants operate under NNN leases, limiting landlord exposure to expenses.
• Recent Capital Improvements | Parking lot was fully replaced in 2023, West Wing Roof replaced in 2025, East Wing Roof replaced in 2023, and TJ Maxx Roof partially replaced in 2025.
• Strong Tenancy Mix | 80% of the GLA is Occupied by National Tenants (TJ Maxx, Maurices, Cricket Wireless, Rent-A-Center).
• Value-Add Potential | Upside opportunity through leasing two vacant units totaling 2,560 Sqft.
• Strong Remaining Lease Term | Over 5.7-Years of WALT with Multiple Options & Rental Increases
• Recently Extended Leases | Four Tenants Recently Extended Their Leases, Demonstrating Their Commitment to the Site.
• Excellent Traffic & Visibility | 9,038+ vehicles per day with strong visibility and ease of access.
• Shadow Anchored By a Walmart Supercenter | Walmart experiences over 1.6M+ Annual Visitors, per Placer.ia, and is the only Walmart within a 20-mile radius.
• Positioned along Spencer’s Primary Retail Corridor | Walmart, Menards, Bomgaars, Hobby Lobby, Dunham’s Sports, Shoe Sensation, JC Penny, Jersey Mike’s, Taco Bell, McDonald’s, etc.