The subject property is 100% leased to Verizon Wireless and Mattress Firm, and features recently extended 5 year lease terms for both corporate tenants with rent increases in the primary term and option periods. The property was constructed in 2009 for Verizon and Mattress Firm and features NNN lease structures, limiting Landlord responsibilities for this investment (see lease abstracts on Pages7-8). Both tenants feature corporate signature leases and have been at this location since 2009, showing their commitment to the site and market.

The property is ideally located on a signalized hard corner on the north side of Highway 67, a busy intersection that sees nearly 28,000 vehicles per day. This dense retail location features unbeatable visibility, access, and parking. Furthermore, it is located in the dominant trade area in Florissant, surrounded by premier national anchors including Walmart, Lowe’s (across the street), Target, and Home Depot (less than 1 mile). There are over 182,000 people residing within a 5-mile radius of the property.