ATTRACTIVE LEASE FUNDAMENTALS - New 20 year Abs. NNN - Ground Lease with 10% rent increases every 5 years - No LL responsibility LEASE GUARANTEED BY WENDY’S CORPORATE - Wendy’s is ranked in the top 5 quick service restaurants (QSRs) in United States with a Credit rating of B+ (S&P) - Over 7,000+ locations in 51 states and 30 countries. - In 2023 The Wendy’s Company had annual revenue of $2.18B with 4.11% growth THE VILLAGES AT SHERRILLS FORD - Site is located within 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 DENSE RETAIL NODE - Within a 1-mile radius of the Wendy’s 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 AFFLUENT SURROUNDING DEMOGRAPHICS - 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 providing high discretionary spending CHARLOTTE, NC - A TOP PERFORMING MARKET NATIONALLY - Charlotte, NC ranked #5 in 2022 of best residential markets (Rocket Mortgage) - Charlotte forecasts a 45.2% job growth over the next 10 years (4.6% growth from 2021 to 2022) - 5th fastest growing city from 2021 to 2022 (population change: 15,217)