Cannot Read data from MAX10 UFM

I am unable to read data from a MAX 10 UFM IP. I'm using the On-Chip Flash Intel FPGA IP, trying read only memory for sector 1, and initializing the data with 125 values with both the .mif file for synthesis and a .dat file for simulation. In simulation when I try to read from the UFM, all addresses give me XXXXXXX. At startup the values from the readdata value is 11111111, once I intiate a read it goes to 00000000 and once readdata_valid asserts the data updates to XXXXXXXX. I would appreciate any help on this!

Thank you!