Sleep Number

Corporate STNL Investment – Sleep Number (NASDAQ: SNBR)

  • Over 8.5 Lease Yrs. Remaining – 2, 5 Yr. Options – 10% Rental Increases Every 5 Yrs.
  • Inflation Hedge – 10% Rental Increases Every 5 Years Including Options
    (Next Increase: 4/1/2026)
  • Sleep Number – Over 650 Locations – 2021 Net Sales Of $2.18 Billion
  • Minimal Landlord Responsibilities – Landlord Responsible for Roof & Structure Only
  • Excellent Site Fundamentals – 3,070 SF Building on 0.87-Acre Lot
  • A+ Location – Outparcel to Waterfront Open Air Regional Center
  • At the Entrance to the 1.3 million SF mixed-use Waterfront Shopping Center
  • Outparcel Directly in Front of Target and Adjacent to Chick Fil A and McDonalds
  • Additional Surrounding Tenants: Chick Fil A, Lowes, Giant Eagle Supermarket, Marshalls, TJ Maxx, Ross Dress for Less, Costco, Dave & Buster’s, AMC Theater, McDonald’s, ALDI, Visionworks, PF Chang’s, Walgreens and More
  • Seven Miles Southeast of Downtown Pittsburg
  • Dense Infill Location – 328,400+ Residents within a 5 Mile Radius
  • High Income trade Area: Average HHI Exceeds $94,000 within 3 Mile Radius
Snyder Carlton National Net Lease Team
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