Retail Redevelopment Value-Add Investment

We are pleased to present to qualified investors an opportunity to purchase an ideally located junior anchor box redevelopment value-add opportunity that is positioned adjacent to a regional Walmart Supercenter in Sauk Centre (St. Cloud), Minnesota. This is a regional retail destination and rare investment opportunity directly off the Interstate-94/ Main St (US Hwy 71) interchange with a combined 33,373 cars per day right next to national brands thatsignal this location as a best-in-market site for retail. These neighboring tenants include Dollar Tree, McDonald’s, Taco Bell, Caribou Coffee, Dairy Queen, O’Reilly Auto Parts, Ace Hardware, Coborn’s Grocery, AmericInn by Wyndham, and Holiday Stationstores (Circle K). This 33,272 SF property features a 26,000+ square foot vacant box ready for re-leasing as well as three paying tenants on short-term leases that provide an investor with the flexibility to redevelop the entire building as well as a sizable current income that offset ownership costs while the property is being repositioned. These tenants include Central Minnesota LifeCare Center, Inc. dba Options for Women, Feldt Financial Services, and Fastenal – a publicly-traded company (Nasdaq: FAST) and a component of the Nasdaq-100 and S&P 500. Sauk Centre is part of the St. Cloud MSA – the largest population center in the state’s central region and located on I-94 connecting Fargo, ND with the Twin Cities of Minneapolis-Saint Paul. This is a unique opportunity to buy a strategically located retail, value-add investment with huge potential for repositioning via lease-up or redevelopment at an attractively low price per square foot.

INVESTMENT HIGHLIGHTS:

Retail Box Reposition Opportunity – Regional Draw – Attractively Low Price Per Square Foot

• Vacant 26,000+ SF Junior Anchor Box in Great Condition – Positioned for Lease-Up
• Walmart Supercenter Shadow-Anchored – Interstate-94 On-Ramp Location (24,114 Cars Per Day)
•  Significant Current Income from Short-Term, Flexible-Leased Tenants Offsets Ownership/Redevelopment Costs
•  Tenants include Fastenal (Nasdaq: FAST): $35.82 Billion Market Cap, 3,334 Locations, $7.25 Billion in Revenue (2023), S&P 500 & Nasdaq-100 Component

Walmart Supercenter Adjacent– Regional Retail Center – Next to Dollar Tree

• Adjacent to National Brands including McDonald’s, Taco Bell, Caribou Coffee, Dairy Queen, O’Reilly Auto Parts, Ace Hardware, Coborn’s Grocery, AmericInn by Wyndham, Holiday Station stores (Circle K)
• Signalized Intersection of Main St (US Hwy 71) & 12 St S – 17,428 Cars per Day
• St. Cloud MSA – 1.5 Hours from the Twin Cities – Supportive Business Climate – Delivered Free & Clear of Debts

Rare Income Investment with Huge Upside –Value-Add Retail Investment (23% Occupancy)

•  Large Lot – 2.95 Acres – Potential Parking Lot Development (164 Parking Spaces)
•  Clean Environmental Report (2022) – No Cotenancy Clauses Restrictions
•  Includes Pylon Signage and Dual Loading Docks – Fee Simple Ownership (Land & Building)
•  Upside Through Leasing – High Demand Retail Market: Only 4% Vacancy Rate