• The property is 100% occupied with over 4 years of weighted average lease term (WALT) remaining, ensuring stable near-term income
• Both Sportsman’s Warehouse and Petco have three (3) additional 5-year renewal options with rent increases at the start of each option, supporting NOI growth and providing a hedge against inflation
• Sportsman’s Warehouse (NASDAQ: SPWH) and Petco (NASDAQ: WOOF) are national brands with multibillion-dollar revenues and strong credit profiles
• This Sportsman’s Warehouse is the only location in Louisiana (Strong Sales)
• French Market Furniture occupies a 15,000 SF warehouse space at a below-market gross lease rate of less than $4.50 PSF, with lease expiration in 2028, presenting an opportunity to increase rents and convert to a NNN structure