The Offering provides the opportunity to acquire an incredibly low-rent, freestanding Mor Furniture for Less (Mor Furniture), at the newly reimaged mixed-use District 208. Formerly known as Karcher Mall, District 208 has undergone a full redevelopment, including the demising of the interior mall and construction of a new 252-unit apartment community. The Subject Property also received a complete rebuild and renovation of the east side of the store. This is an opportunity for an investor to acquire a 60k square foot building at only $35/SF on over four acres of land within District 208. Mor Furniture pays only $3.16 per square foot on a modified gross lease that has 6% increases every 5 years, yielding an NOI per square foot of approximately $1.74. This location is the #1 ranked Mor Furniture in Idaho per Placer.ai. This offering will create an incredible building or land basis for future retenanting or redevelopment. Once complete, District 208 will be home to many new and existing retail tenants, a built-in consumer base, and a revived vibrancy of a repositioned mall. Nampa, Idaho continues to expand its residential and business base and was named one of the country’s fastest-growing cities in 2024.