975 W College St, Marshall, MO 65340

NATIONAL TENANT BASE & HISTORICAL OCCUPANCY:

• Anchors: Features a tenant mix of national retailers including ALDI, Marshalls (TJX), Harbor Freight Tools, Dollar General, and Sherwin-Williams.

• Tenant Longevity: Multiple tenants have occupied the site for several decades: Dollar General (1973), Sherwin- Williams (1978), Subway (1990), an d ALDI (2008).

• Recent Leasing: Ownership has secured over 51,000 SF of l easing activity since 2023, including new 10-year terms for Marshalls (21,789 SF) and Shoe Sensation (6,667 SF).

FINANCIAL METRICS & VALUE-ADD POTENTIAL:

• Yield Profile: The asset features a 6.63% in-place cap rate with a projected 8.16% pro-forma yield upon execution of a pending lease with Five Below.

• Basis & Replacement Cost: Offered at $75/SF, positioned below current replacement cost.

• Rent Arbitrage: Average in-place rents of $7.92/SF are approximately 25% below the Marshall market average of $10.60/SF.

• Stabilization Opportunity: 200,464 SF of current vacancy provides a path to increase yield through further lease-up. DATA-VERIFIED TRAFFIC & PERFORMANCE:

• Visit Volume: Placer.ai data tracks 919,500 an nual visits, representing a 38% increase in foot traffic over the last three

years.

• Regional Ranking: Ranks in the top 30% of sh opping centers for visits per square foot within a 50-mile radius.

• Significant Regional Draw: The subject property functions as a regional hub, capturing approximately 35% of its total visitation from 15+ miles.

• Future Growth: Current traffic metrics do not yet reflect a full year of operations for Marshalls or Shoe Sensation, both of which opened in late 2025.

LOCATION & REGIONAL ECONOMICS:

• Strategic Access: Located at the intersection of US-65 and W College St, the primary commercial corridor in Marshall

• Institutional Drivers: Situated one mile from Missouri Valley College, with a student population of 1,800.

• Market Position: Marshall serves as the county seat and micropolitan hub for Saline County, supported by a daytime population of 20,000 within a five-mile radius and major employers including Conagra Brands and Fitzgibbon Hospital.