•Corporate Lease with Herc Rentals, Inc | NYSE: HRI - 3rd Largest Equipment Rental Company in the U.S. •5-Year NN Lease with Minimal LL Responsibilities - 4+ Years of Term Remaining with Two 5-Year Options •Former Business Acquired by Herc October 2024 - Nearly 30 Years of Successful Operating History •Favorable 3.5% Rental Increases Every Two Years - Upcoming Bumps in November 2026 and 2028 •Newer Construction | 2015 Build to Suit - Layout Optimizes Functionality of the Warehouse/Yard •Tenant Recently Completed $5.3 Billion Merger - Acquired H&E Equipment Services June 2025 •Quick Access to Interstate-10 and U.S. 90 - Less than 10 Minute Commute to Both Thoroughfares •Strong Demographics with Year over Year Growth - Over 252,000 Residents within a 10-Mile Radius