STRONG LEASE FUNDAMENTALS - 15 Year Abs. NNN Lease with zero landlord responsibilities - Four (4) five (5) year extensions remaining - 10% Increases every 5 years in base rent and extension periods CORPORATE GUARANTY FROM INVESTMENT GRADE TENANT - Chipotle has a Market Cap of $82B (NYSE: CMG) with over 3,750+ locations across the country - Chipotle opened 304 new restaurants in 2024 with 257 of those locations utilizing a Chipotlane HIGH-TRAFFIC CORRIDOR - Positioned along Ladson Road, a major retail and commuter corridor serving the North Charleston / Summerville trade area - Strong visibility and access with consistent daily traffic counts connecting residential density to regional retail - Located on Ladson Rd (50K VPD) AFFLUENT RETAIL CORRIDOR - Surrounded by a dense concentration of national and regional retailers within a 1-mile radius - Nearby tenants include Walmart Supercenter, Publix, Lowe’s, Food Lion, Starbucks, Chickfil-A, McDonald’s, and additional quick-service and necessity-based retail - AHHI exceeds 100K in a 1-mile radius NEW CONSTRUCTION WITH “CHIPOTLANE” FORMAT - The Building has recently been built to suit the tenant’s specifications - Tenant has paid to add the new feature “Chipotlane” drive thru concept with multiple spaces put in for curbside pickup CHARLESTON, SC MSA - Located within the Charleston–North Charleston MSA, one of the fastest-growing MSAs in the Southeast - The region continues to benefit from population growth, job expansion, and limited new retail supply