Burnside Eastman Crossing

Necessity Grocery Anchor | Long-Tenured Co-Tenancy | NNN Structure

• Natural Grocers (NYSE: NGVC) occupies 19,575 SF —55.6% of GLA —through March 2029 at $17.91/SF NNN, an anchor occupancy cost at the low end of the market range that supports long-term retention
• BedMart, Bright Now! Dental, T-Mobile, and Columbia Bank have operated at the center since 2004 —more than 20 years of continuous tenancy
• NNN leases with more than $330,000 in annual expense recoveries in place, limiting a buyer’s exposure to operating cost increases

Day-One Upside | Recent Capital | Stable Tax Basis

• Located within the Gresham Downtown/Civic Urban Renewal Area (adopted 2025), which plans up to $381 million of public investment over the life of the plan — including a Burnside Road boulevard reconstruction and improvements at the Burnside/Eastman intersection
• The 1,975 SF endcap is available; leasing it at approximately $35/SF NNN —below the former tenant’s rate —lifts NOI to a pro forma $830,196 (6.55% cap rate)
• New roofs on all three buildings (December 2025) and LED parking-lot lighting (January 2026) reduce near-term capital needs
• Signalized corner with ±27,843 ADT on NW Burnside Rd and ±21,200 ADT on NW Eastman Pkwy, minutes from Gresham Station and Gresham Town Fair