» New Construction: Ground-up first-class development completed in 2023 » Long-Term Net Lease: 16-year primary term with multiple renewal options and ZERO landlord responsibilities » Rental Increases: 7% rent bumps every 5 years beginning in 2029 and in every option period » Credit Tenant: BOJ of WNC is the largest and most profitable franchisee operator in the Bojangles system » Strong Guaranty: All 125+ BOJ of WNC units across 6 states are under one LLC and that LLC is the entity on the lease » National Brand: Bojangles has almost 900 locations across 25 states from New Jersey to Las Vegas and internationally in Honduras » Strategic Location: Positioned on the main traffic corridor (Hwy 20/Main St – 12,400 VPD) at the busiest signalized intersection in the market » Education Base: Palmetto High, Middle, and Elementary Schools (2400+ total students) and Anderson Career & Tech Center (2000+ students) are a few minutes away in opposite directions from the Property » Interstate Access: I-85, the primary highway thoroughfare through the Upstate region connecting Atlanta and Charlotte, is 6 miles away » Growing Population: 6.6% growth since 2020 with a projected annual growth rate of 1.22% in a 5-mile radius » Dynamic Region: Anchored by Greenville, Spartanburg, and Anderson, the Upstate is a 10-county region with 1.6 million residents, 580 international companies, and a net migration of more than 80 people each day