4000 NE COLUMBIA BLVD Portland OR 97211-2048

SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NN leased, United Rentals investment property located in Portland, Oregon. The tenant, United Rentals Realty, LLC has 4 years remaining on the initial lease with 3 (5-year) options to extend, demonstrating their commitment to the site. The lease features 2.5% annual rental increases throughout the initial term and option periods, steadily growing NOI and hedging against inflation. United Rentals, Inc. is the largest equipment rental company in the world. The company has an integrated network of 1,465 rental locations in North America, 14 in Europe, 27 in Australia and 19 in New Zealand. In North America, the company operates in 49 states and every Canadian province.

The United Rentals is positioned in between two major retail roads which include NE. Columbia Blvd and U.S. Hwy 30B BYP. which both average a combined 59,300 vehicles passing by daily. The subject property is located in an dense corridor, that includes tenants such as FedEx, Waste Management, Public Storage, Walgreens, Arctic, and many more. Strong tenant synergy increases consumer draw to the immediate trade area and promotes crossover store exposure to the site. The 5-mile trade area is supported by more than 380,000 residents and 342,000 employees, providing a direct consumer base from which to draw. Residents within a 3-mile radius of the subject property boast an affluent average household income of $137,695.

• Rare Land Offering | 4 Years Remaining | Annual Rental Increases | Options to Extend | Established Brand

• NN | Fee Simple Ownership | Limited Landlord Responsibilities

• Strategically Located (59,300 VPD) | Dense Retail Corridor

• Strong Demographics in 5-Mile Trade Area | Six-Figure Incomes