Chillicothe Plaza

Kroger and Lowe’s Shadow Anchored Center | Significant Daily Traffic Drivers | Dominant National Tenants | High Performance Kroger & Lowe’s
85% of Rental Income Derived from Hobby Lobby, Home Buys and Verizon | 6.5 Years of Weighted Avg. Lease Term (WALT) | Hobby Lobby Nearly 10 Years of Term Remaining (LXP 12/2034)
Significantly Under-Market Rents | Annual Base Rent = $6.35 PSF | Mark-to- Market Opportunity | Hobby Lobby Paying $4.86 PSF and Home Buys Paying $5.70 PSF
Strong Tenant Sales & Health Ratios | Hobby Lobby Sales Nearly $8.2M (4.4% Occupancy Cost); Hana Steakhouse Sales Nearly $2.2M (4.2% Occupancy Cost); Verizon Sales Nearly $1M (7.0% Occupancy Cost)
Ideal Location in the Heart of the Retail Corridor | Excellent Accessibility and Visibility | Ease of Management With Only 4 Tenants
Offered Significantly Below Replacement Cost at $72 PSF | Home Buys Acquired Former Big Lots Lease at BK Auction Highlighting Their Strong Desire For This Location
Outparcel Opportunity | Verizon Paying Less Than $55K in Annual Base Rent on a 1.6 AC Separately Parceled Pad Site With Only One 3-Year Renewal Option Remaining
Primely Situated approximately 1 hour from Columbus and 1.5 hours from Cincinnati
Free & Clear of Existing Financing

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