SPOKANE CENTER

100% OF THE INCOME STREAM IS FROM NATIONAL TENANTS – HOMEGOODS, ROSS DRESS FOR LESS, PLANET FITNESS
• HomeGoods part of TJX Companies, public company with A Credit (S&P) and over 900 stores
• Ross Dress For Less is a public company with BBB+ Credit (S&P) and over 1,700 stores
• Planet Fitness is one of the largest Health Fitness companies in the U.S. – over 2,000 locations in U.S., Canada, UK, Mexico, and Australia
• 72% of income stream is comprised of investment grade credit tenant

LONG TERM CORPORATE EXECUTED LEASES / GROWING INCOME STREAM
• Recently executed leases with 10 years of term
• Increases through the initial term and option periods, which helps hedge against inflation
• Long term security and stability for the Investor

VALUE ADD WITH NOI UPSIDE
• Existing 13,000 SF Available Space for Lease as storage, office, medical, or retail
• Opportunity to lease vacancy to increase NOI
• Additional building square footage available to develop

EASE OF MANAGEMENT & 100% LEASED
• Ideal 1031 opportunity with ease of management

WELL BELOW REPLACEMENT & BELOW MARKET RENTS
• Based on asking price of $175 PSF, this opportunity is priced well below replacement costs
• In addition, the rents are below market which provides an investor a competitive advantage in the trade area

NEW 2023 STORE FRONT FACADE & INTERIOR BUILDOUTS
• All 3 of the tenants have new storefront facades & newly built out interiors