| Recent 10-year lease extension signed 2022 | 6+ years remaining on extension term |
| Significant landlord investment | Tenant expanded the building by approximately 2,000 SF in 2022 |
| Affluent surrounding area | $121K average household income within a 3-mile radius |
| Attractive lease structure | New 10-year term plus 3, 5-year options remaining | 25-year full lease tail |
| Corporate guaranteed lease | Family Dollar Stores, Inc. | 7,123+ locations in the US |
| Strong rent growth | $0.75 PSF rent increases in each option period |
Quinn O'Donnell
Berkeley Capital Advisors
