Investment Overview

• 6301 Richfield Pkwy North is 136,739 square foot, single tenant Home Depot property located in Richfield, MN, approximately nine miles south of Minneapolis. This freestanding building is subject to an absolute NNN ground lease and calls for zero landlord obligations. Home Depot's lease calls for rent increases in the initial term and during the six, 5-year option periods. The subject property has excellent highway access and is near I-35 and MN-65. This Home Depot is located in a major retail trade area and nearby retailers include Super Target, CVS Pharmacy, Chipotle, Panda Express, Anytime Fitness, and several others. The property is also less than a 5 minute drive from the Mall of America and next to the Minneapolis-Saint Paul International Airport.

Investment Highlights

• Rare Absolute NNN Ground Lease Home Depot; Zero Landlord Responsibilities
• Scheduled Increases in Rent; 5.00% Every Five Years with Six, 5-Year Options
• Corporate Lease - S&P Rated Investment Grade Tenant; Largest Home Improvement Retailers in the US
• Adjacent to Super Target and within Close Vicinity to the Minneapolis- Saint Paul International Airport and Mall of America