OPTIMAL LEASE STRUCTURE - 12-year lease with 10% bumps every 4 years and 12% in option periods - Absolute NNN lease providing zero landlord responsibilities - Passive investment STRONG CORPORATE GUARANTEE - Veterinary Emergency Group operates 120+ emergency hospitals across 20+ states - Founded in 2014 and headquartered in White Plains, NJ - Scaled rapidly nationwide with a standardized hospital model focused solely on emergency medicine TAMPA MSA - One of the fastest-growing large MSAs in the Southeast - Tampa-St. Petersburg-Clearwater MSA has grown ~15%+ since 2010, outpacing the US average significantly - Consistently ranks among the top net domestic migration markets in the country, fueled by the Midwest and Northeast PET INDUSTRY GROWTH & EMERGENCY CARE DEMAND TAILWINDS - US pet industry has grown to $147B+ annually (2023), nearly doubling over the past decade - Over 66% of US households (86M+) own a pet - Veterinary spending has increased at a ~8–10% CAGR in recent years - Tampa ranks among Florida's largest and fastest-growing pet ownership markets INFILL LOCATION - 12 miles from downtown Tampa - Within a 1-mile radius there is over 1M SF of retail - Site benefits from a limited retail supply pipeline and the dense residential neighborhoods of Carrollwood Village and Carrollwood Meadows DENSE SURROUNDING RETAIL - In the top 25% of Pet Stores & Services nationwide (Placer.ai) - Excellent exposure along a major retail and commuter corridor - Unmatched visibility along Dale Mabry Highway with over 46,500 VPD