Marshalls 1375 Rocking W Dr 29,295 SF Retail Building Bishop, CA 93514 $11,865,320 CAD ($405.03 CAD/SF) 5.72% Cap Rate

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a recently renovated, investment grade (S&P: A), Marshalls investment property located in Bishop, California. Marshalls recently signed a brand new 10-year lease with four additional 5-year extension options, underscoring their long-term commitment to the location. Additionally, an investment of $2.1M in tenant improvements was made to create a high-quality build out, reinforcing the tenant’s strong commitment to the location. The lease is NNN with landlord responsibilities limited to roof, structure and utility lines, making this an ideal, low-management investment opportunity for a passive investor. The lease also provides the flexibility to add EV charging stations, creating a value-add opportunity that can generate supplemental income for the future investor and effectively lower their overall basis. With more than $56.36 billion in 2025 revenue, Marshalls stands as one of the nation’s leading off-price family retailers, operating over 1,235 stores across all 50 states, D.C., and Puerto Rico, as well as an online platform at Marshalls.com.