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Lowe's 325 Cottage Grove Rd 160,000 SF 4-Star Retail Building Bloomfield, CT 06002 $16,283,407 CAD ($101.77 CAD/SF) 5.10% Cap Rate

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INVESTMENT HIGHLIGHTS

Lowe’s Home Improvement Corporate Lease - Recent Capital Expenditure Demonstrates Tenant Site Commitment - $750-900K Spend on Parking Field
Rent Increases – 10% Inc in Options 1-3 – FMV Inc in Options 4-5 - Below-Market Rent with FMV Resets Offers Long-Term Upside - Current Rent $3.72 PSF
Positioned on Cottage Grove Road (22,700 VPD) – Excellent Visibility & Ingress/Egress

8.5 Lease Yrs Remaining – Five, 10-Year Options – Early Renewal Executed in 2023 - Long-Term Operating History - Since 2002
Approx. 160,000 SF Building on 13.09-Acre Parcel - Anchor Tenant to Copaco Center, a Dominant Grocery-Anchored Shopping Center
Strong Demographics – 186,900+ Residents within a 5-Mile Radius - Average Household Income Exceeding $110,100 within a 5-Mile Radius

EXECUTIVE SUMMARY

The Snyder Carlton National Net Lease Team is pleased to offer investors an opportunity to acquire the Lowe’s Home Improvement ground lease in Bloomfield, CT. Lowe’s, a publicly-traded company (NYSE: LOW), has an investment-grade credit rating of BBB+ from S&P (Moody’s: Baa1), operates over 1,700 home improvement stores, and has a market cap exceeding $138 billion.