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Hobby Lobby and Ashley Retail Center 3850 US-52 105,193 SF 100% Leased Retail Building Rochester, MN 55901 $11,943,759 CAD ($113.54 CAD/SF) 7.50% Cap Rate

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Investment Highlights

National Retail Tenancy | Diversified Income Stream #1 Ranked Hobby Lobby In MN (Per Placer.ai)
Strategic Retail Corridor Location | Dominant Regional Trade Area

Long-Term Lease Income | NNN Lease Structure | Low $6 Rent P/SF
Strong Demographics In 5-Mile Trade Area

Executive Summary

SRS Capital Markets is pleased to present the opportunity to acquire the fee simple interest (land & building ownership) in a two-tenant retail investment property located in Rochester, Minnesota. The property is occupied by Furniture Mart USA, Inc. d/b/a Ashley Furniture HomeStore and Hobby Lobby Stores, Inc., two established national retailers providing investors with stable in-place cash flow and a diversified income stream. The asset benefits from long-term tenant occupancy, strong brand recognition, and a strategic location within Rochester’s premier retail corridor. This property is being offered exclusively as part of a two-property portfolio with the Fridley, MN property and must be purchased together.