STRONG NATIONAL CREDIT TENANT – L&W Supply, an ABC Supply company, is a leading distributor of interior building products with more than 270 locations nationwide. The company benefits from the backing of ABC Supply Co., Inc., North America’s largest wholesale roofing distributor, with 1,000+ locations and more than $20 billion in annual revenue. RECENT NEW CONSTRUCTION IMPROVEMENTS – In 2020, the property received significant improvements, including a ±4,200 SF awning, ±6,800 SF cold storage shed, new 24-foot gates, and paved asphalt throughout the yard. These tenant-specific improvements enhance operational functionality and demonstrate L&W Supply’s commitment to the property. STRATEGIC EASTERN IDAHO INDUSTRIAL LOCATION / MULTIMODAL TRANSPORTATION – The property offers strong regional connectivity through I-15, US-20, and US-26, providing efficient access throughout Idaho and the broader Intermountain West. Proximity to Idaho Falls Regional Airport, rail infrastructure, and a diverse regional economy further supports industrial demand. BELOW-MARKET IOS RENT – The ±24,240 SF warehouse sits on an oversized ±2.68-acre lot with approximately 21% building coverage, providing substantial paved yard area and a highly functional Industrial Outdoor Storage configuration. Given the secure outdoor storage, excess yard capacity, and limited supply of comparable IOS properties in Idaho Falls, the current rent is considered meaningfully below market