La-Z-Boy

• New 10 Year Lease Extension – A+ Location – South Bend, IN
• Store Renovation – La-Z-Boy Undergoing a Complete Store Renovation
• Publicly Traded Company (NYSE: LZB) – $1.78 Billion Market Cap
  • 350+ Locations Nationwide
• 10% Rent Increases Every 5 Years – Inflation Resistant Cash Flows
• 28,650 SF Standalone Building on 1.1 Acre Parcel
• Below Market Replaceable Rent – Strong Real Estate Fundamentals
• Half Mile from Saint Joseph Health System Campus – 254 Bed Acute Care Hospital
• One Mile from University Park Mall – 900,000+ SF Super Regional Shopping Destination
• 2.5 Miles from University of Notre Dame – 13,100+ Student
  • Top Ranked University in the Nation
• Population of Over 157,794 within 5 miles
• Average Household Income of over $104,636 within 5 Miles