RENT GROWTH WITHIN LONG TERM LEASE - 15 Year Abs. NNN - Ground Lease - 10% rental increases every 5 years including options - Three (3) - five (5) year options - Zero Landlord responsibilities FAST GROWING BRAND - Corporate Guarantee by City BBQ who currently has over 70 locations - Expected growth of 100+ stores by the end of 2025 - City BBQ AUV is $3.7M NEW CONSTRUCTION ACCOMPANIED BY SOLID NATIONAL RETAILERS - Newly built City BBQ on Thompson lane which is a key route through Rutherford County - Within 1-mile of site 4.1M SF of retail space - Adjacent to a Walmart Supercenter & nearby Lowes TOP TIER MSA - Retail employment in the Nashville-Davidson-Murfreesboro-Franklin MSA rose from approximately 103.7 thousand in 2022 to 106,800 the following year - Average unemployment rate of 3.2% coupled by increased retail spending limits - Retail Vacancy sits at 3.1% in Q1 2025 HIGH-VISIBILITY CORRIDOR - Thompson lane is one of Rutherford counties busiest arterials carrying over 20,000 VPDProperty benefits from both commuter and destination traffic - Corridor provides access to I-24 linking Murfreesboro to downtown Nashville in under 30 min - Ongoing infrastructure includes TDOT’s Thompson Lane widening initiative INCOME GROWTH & YOUNG WORKFORCE - 2.65% annual population increase YoY - Median age in Murfreesboro is 31 years (10-years below national average) & AHHI for ages 25-44 is $77,000 - Affluent and professional demographics contribute to above-average retail sales per capita ($18,400)