STABLE IN PLACE INCOME W/ MAJOR NEAR TERM “MARK TO MARKET” USPIDE OPPORTUNITY — Q2 Artificial Lift Services recently demonstrated their strong commitment to the location by electing to exercise three (3) one (1) year options simultaneously at the time of their acquisition of US Rod Manufacturing in March of 2025 which extended the original seven (7) year lease out to July 2028. — The property represents an ideal near term major “mark to market” upside opportunity: * ± 2.25 lease years remaining on the current extension term (as of 4/1/26 analysis start). * The Tenant’s in-place rent is ± 44% below market. * Tenant has no options remaining. “STICKINESS” FACTOR: MISSION CRITICAL HEAVY DUTY / $20 M + HIGHLY SPECIALIZED “SUCKER ROD” MANUFACTURING FACILITY — The 502 S. Oakland Facilities primary role is the production of “sucker rods”, a core component commonly referred to as the “backbone” of rod-lift systems. ± 70% - 80% of oil wells worldwide rely on artificial lift systems that require this component. — US Rod is the only U.S.-based sucker rod manufacturer, ensuring supply chain security and faster delivery for North American operators—a major differentiator in an industry sensitive to downtime and logistics. — This location is essential to the operations of US Rod Manufacturing and houses over $20M worth of custom equipment. THRIVING ELKHART INDUSTRIAL MARKET | LOW VACANCY, SCARCE SUPPLY, STRONG RENT GROWTH — Nappanee, IN is part of the greater Elkhart, IN industrial market, a mature market comprised of roughly 86.2 M SF of inventory. Market rents in Elkhart for specialized (manufacturing) assets are $4.70/SF (current rent at subject facility = $2.44/SF). — The market is extremely tight with a low vacancy rate of only 3.0% as of Q4 2025. In addition, as of Q4 2025 there is ZERO (0) SF of new product under construction in Elkhart. As a result of high demand and low supply, average annual rent growth over the past five years is a robust 5.6%