Jared Jewelers | 25+yr Occupancy 1071 W Sunset Rd 5,780 SF Retail Building Henderson, NV 89014 $6,611,000 ($1,143.77/SF) 6% Cap Rate

SRS National Net Lease Group, LP. is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN, freestanding, Jared Jewelers investment property located in Henderson, Nevada (Las Vegas MSA). The tenant, Sterling Jewelers, Inc., has occupied the property for over 25 years and recently exercised a 5-year extension option, with 4 (5-year) options remaining. The lease features 12.5% rental increases at the beginning of each option period, hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for a passive investor. Jared is the nation’s leading off-mall destination specialty jewelry chain and a wholly owned concept of Signet Jewelers (NYSE: SIG), the world’s largest retailer of diamond jewelry operating approximately 2,800 stores across Kay Jewelers, Zales, Jared, and other banners. The site represents a top performing brand location ranking in the top 98th percentile (#5 nationally and #1 in the state) with over 101K annual visits (Placer.ai).