STRONG LEASE FUNDAMENTALS - 15 Year Ground Lease - Six (6) x five (5) year extension periods - 5% rental increase in year 5 and a 7.5% increase in year 10 - 7.5% increases in extension periods - Zero Landlord Responsibilities CORPORATE GUARANTEE FROM STRONG CREDIT TENANT - Circle K is a subsidiary of Alimentation Couche-Tard (2024 Revenue: $74.17B; Market Cap: $47.17B), one of the world’s largest convenience store operators, with a presence in over 25 countries and territories - It owns and operates more than 14,400 stores globally, including the well-known Circle K, Couche-Tard, and Ingo brands GREAT VISIBILITY OFF OF I-85 - Site is positioned on a hard corner of the Rowan Summit Shopping Center - Just two tenths of a mile from the busy interstate I-85 (90K VPD) - The first C-Store located off of exit 75 from the commuter interstate NEARBY ECONOMIC DRIVERS - Just 1.5 miles from the site is RowanCabarrus Community College with just under 7,000 students and more than 300 full time employees - Located 3.5 miles from the site is the Mid-Carolina Regional Airport which supports more than 850 jobs and sees more than 50,000 flights a year LOCATED IN A DENSE RETAIL NODE - Within a 1-mile radius of the site is more than 709K SF of retail space - Nearby national retail tenants include: Dick’s Sporting Goods, Belk, Kohl’s, Five Below, Hobby Lobby, Burlington, HomeGoods, and more NEW CONSTRUCTION - The Building has recently been built to suit the tenant’s specifications - Tenant has paid to add specific capital improvements to enhance operational performance