STABLE LONG-TERM ABSOLUTE NNN LEASE - Absolute NNN lease — Zero Landlord Responsibilities - 12-Year base term with three renewal options (1 x 3 Years and 2 x 5 Years) extending total potential term to 25 years - 7.5% rental escalations every 5 years in both base term and option periods - Lease commenced August 2025 SECOND LARGEST VALVOLINE FRANCHISEE — STRONG CREDIT GUARANTY - Guaranteed by QAS Holdings, LLC — the second largest Valvoline franchisee in the United States with 200+ operating locations - Demonstrates significant operational scale and financial strength - Needs-based automotive service category provides recession-resilient cash flow DENSE RETAIL CORRIDOR — OVER 1.6MSF OF RETAIL WITHIN 1 MILE - Site is strategically positioned within a dense retail corridor featuring over 1.6 million square feet of retail space within one mile of the subject property - Proven co-tenancy with national anchors driving consistent consumer traffic - Raleigh Road Pkwy West is one of Wilson's primary commercial thoroughfares STRONG TRAFFIC VOLUME - 22,000 VPD of traffic along Forest Hills Road NW and 28,000 VPD on Raleigh Road Parkway ensure consistent customer visibility and accessibility - High-frequency traffic pattern well-suited to Valvoline's quick-service oil change model - Located 46 miles from Raleigh, NC — the region's primary MSA and employment hub with a major 1031 exchange buyer pool NATIONAL AUTOMOTIVE MARKET STRENGTH - The U.S. vehicle fleet reached a record 14.1-year average age in 2024, driving 30–40% higher maintenance spend on older vehicles - Valvoline services 20M+ annual visits across 1,800+ locations - The broader automotive aftermarket surpassed $460B in 2024 and is projected to exceed $560B by 2028 WILSON, NC TRADE AREA DEMOGRAPHICS - Trade area population of 55,324 within 5 miles with average household income of $72,101 - 3-mile population of 37,968 with AHHI of $72,840 - Wilson is located 46 miles from Raleigh, NC, providing access to one of the fastest-growing metros in the Southeast BONUS DEPRECIATION ELIGIBLE - Valvoline's personal property classification allows investors to accelerate tax deductions and maximize early returns