INVESTMENT-GRADE CREDIT HEALTHCARE INDUSTRY LEADER The Property is 100% leased to Laboratory Corporation of America Holdings, an S&P-rated "BBB" investment-grade credit tenant. Labcorp (NYSE: LH) is a global leader in laboratory testing and diagnostic services, with approximately 71,000 employees, operations in nearly 100 countries, and more than 750 million laboratory tests performed annually. LONG-TERM OCCUPANCY, RECENTLY EXTENDED LEASE WITH 2% ANNUAL INCREASES LabCorp has occupied the subject Property for more than 25 years and recently extended its corporately guaranteed lease through December 31, 2036, demonstrating its long-term recommitment to this location. The lease provides 10+ years of firm term with 2% annual rental increases beginning January 1, 2029. Additionally, ownership is in the process of re-painting the metal back wall and doors of the building, repaving/striping the driveways, upgrading landscaping, including refreshing the flowers at the building's entrance, and upgrading exterior lighting with LED, all which reduce the possibility of deferred maintenance expenses in the foreseeable future. MISSION-CRITICAL FULL SERVICE REGIONAL LABORATORY FACILITY WITH LIMITED COMPETITION The subject Property is a strategically located, mission-critical full-service laboratory facility within LabCorp’s regional network, as evidenced by the tenant's occupancy history and numerous lease extensions. In addition to lab and regional office space, the subject property is open to the public for services such as routine lab work, specimen collection, and finger printing. The nearest alternative LabCorp location is approximately seven miles away, reinforcing the Property's strategic position within Northern Delaware's healthcare and employment base. LOGISTICALLY FOCUSED LOCATION WITH EXCEPTIONAL REGIONAL CONNECTIVITY Positioned just 0.06 miles from Interstate 295 and the Delaware Memorial Bridge, the Property offers immediate access throughout the Mid-Atlantic region and is minutes from Wilmington Airport (ILG), Interstate 95, the Port of Wilmington, and the greater Philadelphia metropolitan area. STRATEGICALLY POSITIONED TO SERVE A DENSE EMPLOYMENT BASE The Property is ideally located within one of Northern Delaware's largest employment corridors, serving a daytime population of more than 191,000 people within five miles. Approximately 25% of the workforce within one mile is employed in blue-collar occupations, creating ongoing demand for occupational health services, pre-employment screening, and diagnostic testing. LOCATED WITHIN DELAWARE'S BUSINESS-FRIENDLY CORPORATE ENVIRONMENT Situated in New Castle County, the Property benefits from proximity to Wilmington's financial center, ChristianaCare, the Port of Wilmington, and a diverse base of corporate, healthcare, and logistics employers. Delaware's favorable business environment, including its lack of a state sales tax, has helped attract and retain major companies across the financial services, healthcare, and distribution sectors. Delaware has more than 1.4 million legal entities incorporated in the state and is home to several major employers, including JPMorgan Chase, DuPont, Amazon, and ChristianaCare.