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The property is tenanted on a true NNN basis by a 148,832 square foot Wal-Mart, and is situated on approximately 19 acres of land in the municipality of East Windsor, Mercer County, NJ. The tenant is in their fourth year of initial 25 year ground lease with renewal options every 10 years there after extending to 2104. There are no escalations during the first 25 year term, and there are 10% escalations after every successful execution of their renewal option. (Escalations are 10% on every 10 years upon the lease renewal on the 10th year.) The lease with extension options is based on a 99 year total term. There is an assumable non-recourse loan with an outstanding balance of $3,207,730.11 held by Modern Woodmen of America. This property is an ideal secure investment with long term upside potential.

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