Recent 10-Year Lease Extension – Long Term Lease

• Strong Store Sales History – 4.6% Rent to Sales
• Located in the Historic Hollywood District in Northeast Portland
• Corporate 7-Eleven – Investment-Grade Credit Rating (S&P: A)
• 10% Rent Increases in Primary Term – CPI Rent Increase in Option
• Absolute NNN Lease – Zero Landlord Responsibilities
• 2,400 SF Building on 0.28 Acre Parcel
• Hard Corner Signalized Intersection of NE Sandy Blvd and NE 47th Ave
  • Over 34,700 VPD
• Surrounded by Award Winning Restaurants, Trendy Coffee Shops & Countless National Retailers
• Nearby Retailers Include Whole Foods, Trader Joe’s, Fred Meyer, Grocery Outlet, Safeway, CVS Pharmacy, Bank of America, Chase Bank & More
• Dense High Income Trade Area – 461,400+ Residents within 5 Miles
  • MSA Pop. Exceeding 2.5 Million
• Average Household Income Exceeding $178,000 within a 1-Mile Radius