ATTRACTIVE LEASE FUNDAMENTALS - New 20 year Abs. NNN - 2% annual rental increases - Zero Landlord Responsibilities - 4 x 5 year extensions providing a long term investment BRAND NAME TENANT - Popeyes is the second largest “quick-service chicken restaurant group” - Over 4,100+ locations in 40 states and 30 countries world wide - In Q3 of 2023, Popeyes had 16.1% Sales Growth compared to Q3 in 2022 TOURIST DESTINATION - Top Tourist Destination in the Country - The Grand Strand, which includes Myrtle Beach, hosts approximately 19 million tourists annually - Myrtle Beach ranked third on most popular tourist destinations for Americans by Trip Advisor in 2021 - Home to 25 international companies, in the top 10 for Foreign Direct Investment NEW CONSTRUCTION ON OUTPARCEL TO RYAN HOMES DEVELOPMENT - Popeyes is constructing the new building to their newest prototype - With the new construction comes a “digital-centric” format with kiosks, streamlined kitchens, digital pick up shelves, and much more - Outparcel to Ryan Home’s Meadows Edge Townhomes, a 120 Townhome Community HIGHLY VISIBLE ON A RETAIL CORRIDOR - Fronting SC-544 (35.2K VPD) - Over 213K SF of retail space located in a 1-mile radius boasting a 0% vacancy rate - Nearby national tenants include: Food Lion, Walmart Supercenter, Publix, Kroger, Dollar General, and more COASTAL CAROLINA UNIVERSITY - Under 2-miles from the site is Coastal Carolina University which has more than 11K students and 922 staff members - With the school growing every year the economic impact of Coastal Carolina exceeds $565 Million annually