Attractive Lease Fundamentals - 10 year lease provides next owner with stable cash flow for the next decade - 10% rental increases in primary term and in option periods - 3 x 5 year option periods Name Brand Tenant - Caribou Coffee has over 700 locations worldwide - Caribou Coffee is a subsidiary of Panera Brands (parent company of Panera Bread and Einstein Bagels) High Earning Demographics - Average household income exceeds $116K in a 3-mile radius - Over 17K people live within a 3-mile radius Easily Accessible to Major Interstate - Subject site is located at a full access interchange on Hwy 801 (14.5K VPD) with access to Hwy 158 (13K VPD) - Half mile from I-40 (51.5K VPD) exit, which is a major logistics and commuter interstate Near Market Drivers - Atrium Health Wake Forest Baptist Davie Hospital (~0.8 miles) a 50 bed hospital - Approximately 2 miles to Bermuda Run Country Club, an 18 hole golf course, tennis and fitness center New Construction of “Coffee Cabin” Prototype - New building with Caribou’s new Coffee Cabin Concept, which maximizes service efficiency, reduces cost, and increase profitability - New roof and structure with transferable warranties in place