HMX Realty Advisors, as the exclusive advisor to Ownership, is pleased to present the opportunity to acquire the 100% fee simple interest in the Portillo’s Absolute NNN, ground lease located at 8450 Hudson Road in Woodbury, Minnesota (the “Property”). Built in 2017, the Property represents Portillo’s entry into the Minneapolis-St. Paul market as the iconic restaurant brand continues its national expansion. The Property encompasses 8,964 square feet on 2.54 acres and is strategically located just 10 minutes east of the Twin Cities along I-94. It benefits from an affluent and growing trade area, with more than 165,000 residents within a five-mile radius and average household income exceeding $138,000 within one mile. Portillo’s operates under a 20-year Absolute NNN ground lease, with 11 years remaining and no landlord responsibilities. The lease features attractive 10.0% rental increases every five years throughout the initial term, as well as at the commencement of each of the four, five-year renewal options. The lease is fully guaranteed by Portillo’s corporate, an industry-leading operator with a long history of successful restaurant operations and continued national growth. Woodbury is one of the fastest-growing and most highly regarded communities in the Twin Cities metropolitan area. Known for its exceptional quality of life, strong demographics, and business-friendly environment, the city has experienced population growth of more than 44% since 2000, with an additional 28% increase projected through 2040. More than 200 new businesses have opened in the area since 2016, further demonstrating the strength and momentum of the market. The Property is strategically positioned at two hard, signalized corners within the region’s most densely occupied retail corridor, which generates more than $4 billion in annual retail sales. Located as an outparcel to Cabela’s within the 800,000+ square-foot Tamarack Village power center and directly across from the newly developed, 100-acre Whole Foods-anchored City Place mixed-use development, the Property is exceptionally positioned to benefit from the area’s continued growth. With a nationally recognized tenant, Absolute NNN lease structure, attractive contractual rent growth, strong corporate credit, and a premier location within one of the Twin Cities’ most affluent and rapidly expanding suburbs, 8450 Hudson Road represents a compelling opportunity to acquire a high-quality, long-term net-leased investment in the Minneapolis-St. Paul market.