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Single-Tenant Corporate Guaranteed Lease – 3+ Years Remaining on NN Lease – Minimal Landlord Responsibilities
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Long-Term Operating History Since 1998 – Numerous Lease Renewals Exercised
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Upcoming Significant Rental Escalation in September 2026 (4.65% Increase)
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One 5-Year Option – Additional Rental Increase in September 2028 at Renewal (11.6%)
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Lease Backed by OfficeMax North America, Inc. – Fully Owned Subsidiary of The ODP Corporation
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Fortune 500 Company (NASDAQ: ODP) – $7 Billion Annual Revenue – 27,000 Employees
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Fee Simple Ownership (Land & Building) – Tax Depreciable Asset with Strong Cash Flows
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Priced Well Below Replacement Cost – Value-Add Returns
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Outparcel to River Valley Mall
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Surrounding national retailers include Lowe’s, Meijer, Target, Dick’s, Walmart, Aldi, Best Buy, Giant Eagle, Hobby Lobby, and Kroger