STRONG LEASE FUNDAMENTALS - 10 year term with 3% Increases Annually Providing a strong inflation hedge - Two (2) five (5) year extensions POSITIONED IN A DENSE RETAIL NODE - More than 1.7M SF of retail space located within a 1-mile radius of the site - Nearby National Retail Tenants Include: Walmart Supercenter, Belk, Kroger, The Home Depot, and more - Retail vacancy in a 1-mile radius of the site is 0.1% according to CoStar FRONTING BUSY THOROUGHFARE WITH CROSS ACCESS - Property is fronting busy US-17 BUS (32.4K VPD) - US-17 runs along the coast of the Carolinas, connecting Charleston, SC with Myrtle Beach, SC and Wilmington, NC and up into Jacksonville, NC DENSE RESIDENTIAL AREA - Located within a 1-mile radius of the site are 750 multifamily units and more than 3,500 homes - Located just half a mile from the site is the new single family development Middlebrooke - 338 single family houses and 150 duplexes HIGH GROWTH MURRELLS INLET – A TOP VACATION MARKET - Murrells Inlet population increased by more than 6.21% in 2021-2022, while median HHI increased 4.47% in same time span (DataUSA) - Over 17.6M people visited Murrells Inlet in 2023, accounting for over $12.5B in economic impact by direct visitor spending, a 4.7% increase from 2022 RECENT RENOVATIONS - The Building has recently been converted to suit the tenant’s specifications - Tenant has paid to add specific capital improvements to improve customer experience, improvements include outdoor patio, and beer garden with live music