Top Notch Tenants Paying Majority of Rent: 66% of Station West’s rent comes from national/regional tenants that have history of strong performance and rent payment.
• New Anchor Lease: Dollar Tree recently signed a lease and opened on property (March 2020) giving the buyer an
additional national anchor as well as creating great leasing momentum moving forward.
• Below Replacement Pricing: At approximately $31 psf.
• Tenant Retention with Major Tenants: Citi Trends, Roses Express and Farmers Furniture have been Tenants on property for an average of over 20 years.
• Affordable Rent Rates: Inline rents range predominantly from $3 to $7 psf with the ability to raise rent in the long term.