| 20-year absolute net ground lease featuring 10% rental increases every 5 years |
| Lease signed by tenant’s primary corporate operating entity – Murphy Oil USA, Inc. |
| Murphy Oil USA, Inc. (NYSE: MUSA) is one of the largest independent retailers of gasoline products and convenience store merchandise in the country |
| Ideal location – busy retail thoroughfare (30,000 VPD) surrounded by major national tenants driving traffic to the direct trade area |
| Explosive growth Denver submarket – 15% and higher population increases estimated within a 1, 3, and 5-mile radius over the next 5 years |
| Subject property just down the street from the Outlets at Castle Rock – the #1 ranked factory outlet in Colorado in terms of annual visits (4.5M) per |