SRS National Net Lease is pleased to offer the opportunity to acquire the leased fee interest (land ownership) in an absolute NNN, freestanding, corporate guaranteed (NYSE: TGT), investment grade (S&P: A) Target investment property located in Sayville, New York (Long Island MSA). The tenant, Target Corp., has 12 years remaining on its lease with 5 (10-year) options to extend. The lease features 4%+ increases every 5 years throughout the initial term and 10% increases at the beginning of each option period, providing a hedge against inflation. The next rental increase is in June 2027. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management-free investment opportunity. The subject property represents a large format brand concept, known as “Superstores” due to its additional amenities beyond that of a traditional Target, offering an in-house fresh grocery, CVS pharmacy, Ulta Beauty, Target Optical, Apple Experience, and Starbucks, in addition to its curbside pickup feature, providing further convenience to the consumer. Target Corporation serves as one of the most influential retail giants in the country, operating over 2,000 stores, making it the seventh-largest retailer in the U.S. with a 2025 revenue of $106 billion+.