ATTRACTIVE LEASE FUNDAMENTALS - 10% rent increase every 5 years and during options periods - Absolute NNN Ground lease with no early termination clause - Four (4) - Five (5) year option periods NAME BRAND TENANT & STRONG FRANCHISEE - Taco bell is located in all 50 states, and has over 7,800 total locations - Taco Bell serves over 4.2M customers weekly - Coastal Plains Restaurants operates 44 KFC and Taco Bell locations throughout the Carolinas HIGHLY VISIBLE SITE NEXT TO PRINCE CREEK VILLAGE CENTER - Cross access to a lighted intersection off of Hwy 707 (24.7K VPD) - Over 1.8MSF of retail space located in a 2 mile radius - Nearby National tenants include: Home Depot (#1 in the state), Walmart, & Publix - Cross access to Prince Creek Village, a Publix Anchored Center, and Magnolia Bridge at Murrells Inlet, a 107 unit senior living complex - Over 2.8K homes are located in a 1-mile radius HIGH GROWTH MURRELLS INLET – A TOP VACATION MARKET - Murrells Inlet population increased by more than 6.21% in 2021-2022, while median HHI increased 4.47% in same time span (DataUSA) - Over 17.6M people visited Murrells Inlet in 2023, accounting for over $12.5B in economic impact by direct visitor spending, a 4.7% increase from 2022 MYRTLE BEACH MSA - Over 36K people live in a 3-mile radius, which has grown at an annual rate of 3.3% over the last 5 years (According to - Myrtle Beach has been named the fastest grown City in the US for a 3rd straight year (U.S. News & World Report 2023) - 42% increases from 2010 LOCATED IN HEALTHY RETAIL TRADE AREA - Over 138K SF of absorption in last 12 months with a 0.6% vacancy rate