EXTREMELY RARE LEASE STRUCTURE
• 15-year absolute NNN ground lease with zero landlord responsibilities
• Four (4) five-year renewal options
• 10% rent increases every five years
• Long-term passive income backed by an investment grade tenant
CORPORATE GUARANTY FROM INVESTMENT GRADE TENANT
• Chipotle Mexican Grill (NYSE: CMG) – market cap over $80B
• 3,700+ locations nationwide
• Aggressively expanding with 300+ new restaurants annually
• Strong brand recognition and consistent same-store sales growth
MYRTLE BEACH, SC MSA
• Located in one of the fastest growing coastal MSAs in the Southeast
• Benefits from strong population growth, tourism-driven economy, and ongoing residential development
• Horry County consistently ranks among South Carolina’s fastest growing counties, supporting sustained retail demand
PRIME CHURCH ST RETAIL CORRIDOR
• Located on Church Street (34K VPD), Conway’s main commercial artery
• High visibility with signalized access
• US-501 provides consistent commuter and tourist traffic
NEW CONSTRUCTION WITH “CHIPOTLANE”
• Built to Chipotle’s current prototype specifications
• Includes “Chipotlane” drivethru, boosting digital order fulfillment and efficiency
• Modern design with curbside pickup, supporting long-term relevance and strong sales
RETAIL DENSE CORRIDOR
• Situated in Conway’s primary retail corridor, surrounded by national tenants including Walmart, Lowe’s, Starbucks, Chick-fil-A, and McDonald’s
• Over 1.2M SF of retail space within a 1-mile radius
• Conway serves as the county seat and commercial hub of Horry County