RARE LEASE STRUCTURE - One of the first Abs. NNN Heartland Dental lease formats - Zero landlord Responsibilities - 12 Year lease with four (4) five (5) year extensions - 10% Rental Increases every 5 years and in extensions LARGEST DENTAL ORGANIZATION GUARANTY - Heartland Dental is the largest dental support organization in the United States - Over 1,800 Locations - 2024 Total Revenue was over $3B NEARBY AFFLUENT CLIENTELE - AHHI in 1,3,5 mile radius exceeds $130K - Six schools surround the site which provide a built in customer base - 3 miles from Willow Oak Montessori (300 students) and next door is Margaret B. Pollard Middle (800 students) - Other schools in the area include Chatham Elementary, Woods Charter, & Central Carolina Community College - These schools combined have over 7,000 students and provide a large customer base within a 5 mile radius NEARBY MAJOR UNIVERSITIES - 7.9 miles from UNC Chapel Hill with over 33,000 students and 14,000 faculty and staff, this flagship university drives significant daily traffic and demand for local services - Less than 20 miles from Duke University - Duke’s 18,000+ students and 9,000+ employees contribute to a strong, consistent customer base for healthcare providers and service businesses NEW CONSTRUCTION - The Building has recently been built to suit the tenant’s specifications - Tenant has paid to add specific capital improvements to enhance operational performance HIGH GROWTH DURHAM-CHAPEL HILL AREA - Outparcel to Knoll at Briar Chapel a 200 unit apartment complex built in 2023 - The Durham-Chapel Hill area has grown by 6.6% since 2020 to around 625K people - Raleigh and Durham, NC were ranked 21st among the fastest-growing places in the US for 2023-2024