Great opportunity for stability with a 5 year lease and upside with tenant paying significantly under market rents. Landlord will have the opportunity to raise rents to market after year 5. Tenant has two 5 year options to extend at the then market rate. Tenant invested over $1M in tenant improvements in 2011 they are likely to stay at the site to recoup their investment. Cap Rate increases to 5% in less than one year (Jan. 2027). Credit tenant (DD's/Ross) recently exercised their 5 year option to extend lease early (Lease expires Jan. 2032) showing success and commitment to the site. Ross Dress For Less, operating as DD's operates over 200 stores throughout the country & 75 alone in California. Co tenancy with Stater Bros., the region's dominant supermarket with 99 locations in the Inland Empire.