ATTRACTIVE LEASE FUNDAMENTALS - New 20 year Abs. NNN - 2% Annual Increases - Zero Landlord Responsibilities - 4 x 5 year extensions providing a long term investment FAST GROWING BRAND - Freddy’s currently has over 550 locations across 36 states - The company goal is to reach 800 restaurants by 2026 with 130 locations in development for the next two years - Freddy’s 2024 AUV is 2.6M COASTAL CAROLINA UNIVERSITY - 2.5 Miles from the site is Coastal Carolina University which has more than 11K students - With the school growing every year the economic impact of Coastal Carolina exceeds $565 Million annually NEW STATE OF THE ART BUILDING - Building is being built to suit Freddy’s concept - Warranties will be assigned to new owner NEW IMMEDIATE DEVELOPMENT - The site has proposed surrounding development of over 500K SF of retail with more than 1,600 multi-family homes being added - Proposed plans nearby include a Supercenter and further residential development, establishing a new trade area 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