2350 E North Street is an absolute net leased gas and convenience store ideally positioned in a growth market in Greenville, South Carolina. The property is situated at a signalized hard corner with tremendous traffic counts; surrounded by national retailers such as Sprouts, Publix, Walgreens, CVS, Starbucks and more. The offering represents a rare opportunity to acquire exceptional real estate located in an extremely high-barriers-to-entry market that is absolute net leased to an established local tenant. OFFERING SUMMARY $1,750,000 6.00% $105,000 PRICE CAP NOI Long-Term Absolute NNN Lease with Annual Increases • Just signed 20-year absolute NNN lease with one, five-year option • 2% increases annually throughout primary and option terms • The lease is personally guaranteed – significant capital improvements made by tenant to convenience store and fuel system Strong Underlying Real Estate Fundamentals • 1,600 square foot convenience store with four MPD’s/eight canopied fueling stations • Positioned at the signalized hard corner of E North Street and N Pleasantburg Drive - combined traffic counts of 68,000+ vehicles per day • First gas station off Route 385 (Greenville’s primary access road – 100,000+ vehicles per day) Exceptional Retail Demand Drivers/Growth Market • Adjacent to new 25K square foot Sprouts Farmers Market (in North Hills Shopping Center); surrounded by other national retailers including Publix, Walgreens, CVS, Starbucks, Wendy’s, First Citizens Bank and more • Nearly $133M in total consumer spending within a one-mile radius of the property • $37M+ in total consumer spending on food and alcohol alone within a one-mile radius of the property Unparalleled Surrounding Demographics • Population in excess of 76,000 within a three-mile radius of the property - 2.1% expected annual growth rate between 2024-2029 • Average household income of $92,000+ within a three-mile radius of the property • 73,000+ employees within a three-mile radius of the property Desirable 1031 Exchange Property | Bonus Depreciation • Rare low price point asset in extremely high-barrier-to-entry market – Greenville was voted South Carolina’s #1 most desirable city according to USA Today • No landlord management responsibilities - the tenant is responsible for all real estate taxes, insurance, CAM and building repairs including roof and structure • Property qualifies for bonus depreciation - consult tax advisor • Ideal for buyer in a 1031 exchange seeking a management free asset that offers true passive income with incredible underlying real estate fundamentals