LONG-TERM NNN LEASE WITH 2% ANNUAL INCREASES There are +/- 17.5 years remaining on the Art Van Furniture lease. Additionally, the lease has built-in annual increases providing as increasing return over the life of the base term. CORPORATELY GUARANTEED LEASE The lease is guaranteed by Art Van Furniture Inc., which is a large retail furniture chain. The company has system-wide sales of over $1B in 2018 and operates 189 stores. #1 FURNITURE RETAILER IN THE MIDWEST WITH A 60-YEAR OPERATING HISTORY Art Van Furniture, LLC is the Midwest’s No. 1 furniture and mattress retailer with 189 stores in nine states operating under the following brands: Art Van Furniture, Art Van PureSleep, Scott Shuptrine Interiors, Levin Furniture, Levin Mattress, Wolf Furniture, and Gardiner Wold Furniture. INTERNET-RESISTANT BUSINESS MODEL Furniture retailers are well-insulated from web-based competitions, as many consumers prefer to see/test the product in person before purchasing. Art Van is revamping their omni-channel retail approach by increasing their web-based presence to drive foot traffic into brick-and-mortar locations SIGNIFICANT TRAFFIC COUNTS This property is situated on Hall Road, which is a main east/west throughway running from Lake St. Clair to Pontiac, MI. This portion of Hall Road experiences average daily traffic counts of +/- 118,961 VPD, which is the highest amongst the locations in this portfolio. DENSE TRADE AREA The area surrounding this property is home to many national tenants including Marshalls, Homegoods, JOANN Fabrics, Michaels, Gander Outdoors, Petco, Costco, The Home Depot, and Lowe’s. Additionally, the property is directly across from Lakeside Mall, which features many tenants, more relevantly, Ethan Allen and La-Z-Boy Home Furnishings. ROBUST DEMOGRAPHICS There are over 770,000 residents living within a 10-mile radius of the subject property. In Association with Kristen Zimmerman 6504411293