• THE ASSET: Merrimack 360 is an 80,795 square foot shopping center that was constructed in 2018. The Property is part of a four (4) unit condominium interest. The offering is for Unit 1, a 76,095 square foot inline building, Unit 3, a pad site improved by a 3,000 square foot building leased to Triangle Credit Union, and Unit 4, a pad site improved by a 1,700 square foot building leased to Hayward’s. Unit 2 (not part of the offering) is a parcel of land behind Unit 1 that is being developed for residential use.

• LONG TERM LEASES: Ten of Merrimack 360’s eleven tenants are on 10-year leases, and every tenant has established renewal options. The Rent roll has a weighted-average of over 7 years of lease term remaining.

• SCHEDULED RENT INCREASES: 82% of the tenants at Merrimack 360 have scheduled rent increases in their primary lease terms and 100% of the tenants have scheduled increases in their renewal options providing the investor with an attractive increase in revenue and a hedge against inflation.

• ATTRACTIVE RENT ROLL: The Property is currently 100% leased to an attractive mix of national and regional tenants. Merrimack 360 is anchored by Altitudes, a state-of-the-art trampoline and adventure park, Planet Fitness, Dollar General, Triangle Credit Union, Beer & Wine Nation, Thirsty Moose Taphouse, Tucker’s (restaurant), Hayward’s, Mer at Merrimack (restaurant), Myrilux, and Great Clips (barber shop/hair salon).

• SIGNIFICANT AREA DEVELOPMENT: Residential development in Merrimack has seen significant number of units come online in the last few years. The Residences at Executive Park, was constructed in 2019 and features 280 Class A Units. The area continues to grow with some 1,400 units in the planning stages of development. In May ground was broken on Slate, a 224-unit luxury apartment complex located adjacent to the Merrimack Premium Outlets. The Residences at Edgebrook are also under construction and when completed the development will feature 232 Class A Apartments.

• INCOME & SALES TAX FREE STATE: New Hampshire is a sales and income tax free State and the Southern New Hampshire region draws a significant number of out-of-State shoppers.