CBRE’s Net Lease Property Group – Midwest is pleased to present, as exclusive advisor, a rare opportunity to acquire an absolute NNN Target Ground Lease. The asset is located within The Promenade at Brentwood, one of the most dominant open-air retail centers in the St. Louis (MSA). Target anchors Promenade at Brentwood, a premier 337,800-square-foot shopping center alongside a curated mix of national tenants, including Trader Joe’s, Five Below, PetSmart, ULTA Beauty, World Market, Burlington, and Carter’s. Strategically situated in the St. Louis MSA, the 21st largest in the United States, with a population of approximately 2.8 million, The Promenade at Brentwood ranks among the top three shopping centers in the region for foot traffic, generating over 5 million annual visits. Target is currently paying approximately 60% less than market rents at $4.50 per square foot. Target’s presence, under a ground lease structure, benefits from exceptional visibility, high-volume traffic, and synergy with surrounding tenants, making it a cornerstone of one of the area’s most sought-after retail destinations. With more than 2 million annual visits, this Target ranks as the 5th highest-performing location in Missouri out of 35 stores and places in the top 15% nationally. Locally, it holds the #1 spot among the 10 Target stores in the St. Louis area.