• STRONG GLOBAL TENANT / PRIMARY PROVIDER FOR EXXONMOBIL – MRC Global (NYSE: MRC) is the leading global distributor of pipe, valves, fittings (PVF) and infrastructure products and services to diversified end-markets including the gas utilities, downstream, industrial and energy transition, pipeline and transmission infrastructure with 200+ locations worldwide and north of $3B in annual revenue. Additionally, MRC Global recently announced it will be acquired by fellow Houston-based PVF and industrial supplies distributor DNOW (NYSE: DNOW) in a $1.5B all-stock transaction. The deal is expected to close in the fourth quarter of 2025. The combined company will have over $5.4B in annual revenue and more than 350 locations worldwide. • RECENT IMPROVEMENTS AND EXPANSION MADE TO ACCOMMODATE TENANT’S OPERATIONS – Leased by MRC since 2008, the property was recently enhanced with a handful of improvements to the building’s structure and functionality. In light of these recent upgrades, the tenant committed to a new 7-year Absolute NNN lease and expanded their operations into the building next door, further amplifying the tenant’s distribution operations and services to the surrounding markets, as well as solidifying their long-term commitment to this site. The handful of recent improvements to the site include: replacements of the roof and exterior wall panels, enhancements to the exterior concrete and parking lot, a comprehensive overhaul of the property’s drainage and water systems, installments of brand new dock levelers, as well as a complete overhaul of the building’s interior, and more. • STRATEGICALLY LOCATED IOS FACILITY – This functional ±19,653 sq. ft. facility sits on ±3.38 acres of land (13.36% Building/Lot Coverage) allowing for ample outdoor storage opportunities (IOS) with direct access to U.S. Route 90 (Hwy 90). In addition to the subject facility’s strategic positioning along U.S. Route 90 (Hwy 90), the subject facility is also in very close proximity to Interstate 10 (I-10), which is the 4th longest interstate in the country stretching from Los Angeles, CA to Jacksonville, FL. The Port of Mobile is positioned just 30 miles NE from the site and other notable ports in close proximity include: The Port of South Louisiana, Port of New Orleans, Port of Baton Rouge, Port of Plaquemines, and the Port of Pascagoula, all of which rank amongst the top 25 largest U.S. ports by cargo tonnage.