ATTRACTIVE LEASE FUNDAMENTALS - 10% rent increase every 5 years and during options periods - Absolute NNN Ground lease with no Landlord Responsibilities - Four (4) - Five (5) year option periods INDUSTRY GROWTH - In 2022, Wilmington approved incentives for four major companies in the area - GE, Port City Logistics, Live Oak Bank, and MegaCorp and the city gained more than 1,000 jobs and $125 million in capital investments INVESTMENT GRADE TENANT - Fifth Third Bank is a fortune 500 company with over $164B held in deposits - Revenue increased 35% YoY - S&P Rating: A- EASILY ACCESSIBLE WITH GREAT FRONTAGE ON MAJOR COMMUTER THOROUGHFARE - Two Points of ingress and egress on College Rd - Over 300 linear feet of frontage on College Rd LOCATED IN STRONG RETAIL NODE - Over 1.1MSF in a 1-mile radius of the subject site - Vacancy rate among retailers in one mile radius is 1.3% - Across the street from a top performing Walmart (2.7M Visits YoY - Top 79th Percentile Nationally) and Lowes Home Improvement - Other nearby tenants: Chick-Fil-A, Wendy’s and much more WILMINGTON MSA - One of the fastest growing cities in the US, Wilmington’s population grew 7.98% since 2020 and is ranked number nine on the US News national list - According to the Milken Institute, Wilmington was ranked 7th best preforming cities out of 200 comparable sized cities