BROKER OF RECORD....BRIAN BROCKMAN....License #: 108250 To obtain OM, please click link below or email agents. Rental Increases in all leases: Cap Rate (2031): 7.48% Faris Lee Investments is pleased to bring to market an opportunity to acquire Dorman Crossroads, a fee simple interest in an extremely well located, 3 tenant, 100% leased, outparcel pad building to Dorman Centre, a 400,000 sq. ft. power center in Spartanburg SC anchored Super Walmart and Home Depot. The offering is occupied by Red Wing Shoes (400+ locations), Prisma Health (338+ locations/largest healthcare provider in SC) and Vitamin Shoppe (700+ locations). With a WALT of 6.2 years and imbedded rent increases in the leases, there is strong income growth and a potential for a 7.48% unlevered return upon two leases renewing in 2030. This pride of ownership, ease of management investment is ideal for the passive investor in search of yield significantly higher than what can be found in a single tenant offering. Spartanburg is a jewel of the southeast and has seen tremendous growth over the past 15 years due to domestic migration and affordable living. With annual population growth of 2.7%, it continues to rank as a Top 10 Growth Market in the U.S. Dorman Crossroads is located within the #1 retail shopping district in Spartanburg. Other area retailers include Costco, Target, Sam’s Club and the 1.2 million sq. ft. Westgate Mall. Spartanburg boasts a thriving economy with major employers including BMW, GE, Michelin, and Milliken. The continued population growth and thriving economy create an ideal environment in which the tenants at Dorman Crossroads can have long term success.