| 15-year net lease to Grocery Outlet (NASDAQ: “GO”) |
| 10% rental increases every five (5) years |
| Grocery Outlet is the nation’s largest extreme value grocery retailer, with more than 444 locations in eight states and $3.58B in annual revenue |
| Only neighborhood grocery store within the residential hub of Cameron Park and true 360 degree trade area |
| Only Grocery Outlet within a 20-minute drive from the location with few other grocery stores in and near the immediate area |
| Gateway to Sacramento (528,001 population), the sixth-most populous city in California and part of the third fastest growing MSA in California |