| Long-Term Lease Term – The lease has approximately 12 years remaining on the base term, expiring in 2038, with three, 5-year renewal options. |
| Corporate Guarantee – Lease is corporately guaranteed, providing strong credit support for the owner. |
| Scheduled Rental Increases – Rent increases of $0.50 PSF occur every five years throughout the base term and option periods. |
| Limited Competition – The property is located more than 35 miles from the nearest Academy Sports + Outdoors location. |
| NNN Lease Structure – Passive, triple-net lease with minimal landlord responsibilities, offering a low-management investment profile. |
| National Credit Tenant – Academy Sports + Outdoors operates over 300 locations across 21 states, with planned expansion into Maryland and Pennsylvania |