Situated as pads to the highly popular Grants Pass Shopping Center, the Shoppes at Grants Pass consists of two multi-tenant retail pad buildings and a single-tenant Aaron’s pad. The Property has strong leasing momentum since being acquired by new ownership in the last twelve months. Three new leases, and one extension, have been signed in 2025, contributing to a diverse mix of service-oriented retail and medical tenants. Eight of the nine current tenants have annual rent increases, providing consistent income growth. With three remaining vacancies, the Property offers significant upside through lease-up of the vacant suites. Priced on the current income, additional tenants will bring the cap rate well north of 8% and a cash-on-cash return to nearly 10%.