CORPORATE GUARANTEE FROM CREDIT TENANT - Chick-Fil-A currently operates over 2,928 locations - Employs over 200,000 people - 2022 U.S. system sales totaled $18.8B (up 13% from 2021) - 3rd Largest fast-food chain in the Country by sales volume (QSR Magazine) FRONTING MAJOR RETAIL CORRIDOR - Site fronts NC-150 (13,500 VPD), within a 1-mile radius of the Chick-Fil-A there is more than 175K SF of retail space boasting an overall vacancy rate of 0% - Nearby National Retailers Include: Publix Super Market, Jersey Mike’s, Starbucks, and more THE VILLAGES AT SHERRILLS FORD - This 206-acre development boasts more than 6,000 residential lots and a large mix of retail, residential, and medical space - With over 500k SF of commercial space this community is set to add over $100 million dollars in economic impact to the surrounding area STRONG LEASE FUNDAMENTALS - 15 year ground lease provides next owner with zero landlord responsibilities - 10% rental increases in base term and option periods CHARLOTTE, NC - A TOP PERFORMING MARKET NATIONALLY - Charlotte, NC is now the 14th largest city in the U.S., with a population exceeding 943,000. - From 2020 to 2024, Charlotte recorded the 4th largest population increase in the nation, adding more than 69,000 residents. - Ranked among the top 10 hottest housing markets, Charlotte placed 7th nationally. - Over the past decade, the Charlotte region has experienced 24% employment growth, with an additional 8% job expansion projected between 2024 and 2030 AFFLUENT LAKE MARKET - Surrounding the site within a 1-mile radius the AHHI exceeds $125,000 - In a 5-mile radius there are more than 33K potential customers with an AHHI greater than $160,000