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REI | 9yrs Corp NN w/ Incrs 6936 Elwood ave 22,788 SF Retail Building Tulsa, OK 74132 $9,875,000 ($433.34/SF) 6% Cap Rate

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INVESTMENT HIGHLIGHTS

Over 9 Years Remaining | Options To Extend | Scheduled Rental Increases
Tulsa Hills Shopping Center | Dense Retail Corridor

NN Lease | Fee Simple Ownership | Limited Landlord Responsibilities
Strong Demographics In 5-Mile Trade Area

EXECUTIVE SUMMARY

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NN leased, REI investment property located in Tulsa, Oklahoma. The tenant, REI, has over 9 years of lease term remaining with 4 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is NN with limited landlord responsibilities making it an ideal, low management investment opportunity for a passive investor.