Investment Overview

CLINTON PLAZA • Clinton Plaza is a 96,857 square foot retail center located just outside the Mississippi’s capital city of Jackson • The center is anchored by a consistently high performing Big Lots (NYSE: BIG) • Located in a high traffic retail corridor • Low Rental Rates | Avg. Rent $5.81/SF • Priced below replacement cost | $58.02/SF BIG LOTS | STRONG PERFOMANCE • The shopping center is anchored by Big Lots (45% of GLA), a credit rated tenant reporting $5.65B in 2022 revenue • Big Lots has been operating in this location for 18 years • This is the #1 most visited Big Lots store in the Jackson MSA • This location ranks as the # 3 location in the state of Mississippi • Top 19% store in the country HIGH TRAFFIC RETAIL CORRIDOR • The center is ideally positioned in a robust retail corridor of Clinton • Clinton Plaza has strong fundamentals and is positioned with access & signage to two major roads | US-80 & Clinton Boulevard (26,200 VPD) • Other retailers along this corridor include Kroger, Home Depot, Walmart, Dollar General, CVS, Walgreens, Family Dollar, Advance Auto, O’Reilly, and more STABLE SHOPPING CENTER WITH LOW RENTS • History of Successful tenancy | Average tenant tenure of tenants signed before 2021: 17 years • Leasing Momentum | Seller has executed 4 new leases in the last 3 years • Low Rental Rates | Avg. Rent $5.81/SF