• Tenant just recently signed a new 10-year extension • Over 11 years remaining with 1 (5-year) option to extend • The lease features $0.50/SF increases every five years and at the beginning of the option, growing NOI and hedging against inflation • Store is undergoing a “paint & powder” refresh • 91st Percentile within a 50-mile radius (#5 of 45 stores) and 78th percentile in North Carolina (#70 of 328 stores) - (Placer.AI)