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 HIGHLY VISIBLE ON MAIN COMMUTER & RETAIL THOROUGHFARE - Site is fronting major commuter highway to the Myrtle Beach coast - Over 30K cars travel the highway per day - Over 266K SF of retail is located in a 1-mile radius, boasting a 0% vacancy rate NEW CONSTRUCTION - 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 NEW RESIDENTIAL COMMUNITES - Across the street from the site is the new residential development Beazer Homes at Sunset Landing - With 194 homes recently built in this community starting at $300,000 - Under a half mile from the site is another new residential development, Bridgewater Community - This community has over 1,500 houses which are spread across 950 acres with a resort style 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