• Corporate Lease with Caliber Collision - Nation’s Largest Autobody Repair Company • Lease Backed by Corporate Guaranty - Guaranteed by Wans Newco 3, Inc. (Caliber Parent Entity) • Long-Term Triple Net Lease through 2031 - Two 5-Year Options with Fair Market Rent Upside • Built-In 2% Annual Rental Increases - Hedge Against Inflation with Steady NOI Growth • Located on Merle Hay Road "Dealership Row“ - Surrounded by Kia, Ford, Nissan & Other Major Auto Dealers - Ideal Co-Tenancy Driving Captive Demand for Collision Repair • Strong Market Fundamentals - Population of 187,000+ within a Five Mile Radius • Affluent Trade Area Demographics - Average Household Income Exceeds $102,000 (5-Mile) • Successful Longstanding Operating Business - Caliber Operating at Site Since 2021 Acquisition (Sale-Leaseback) • Located in Iowa’s Largest MSA - Des Moines Metro- 707,000 Residents & Growing 4.5%