HIGH GROWTH SUBMARKET IN RALEIGH, NC MSA - Garner has a population growth rate of 3.8% yearly and has grown by 17% since its last census in 2020 - Raleigh forecasts a 44% job growth over the next 10 years - Raleigh ranked #3 in best places to live for 2023-2024 (U.S. News) POSITIONED IN A MAJOR COMMERCIAL NODE - Located inside a strong retail node with over 900k SF of retail space in a one mile radius boasting a 0% vacancy rate - Nearby major retailers include: Target, Burlington, Pet Smart, T.J. Maxx - Total of ~2.5 MSF of commercial real estate in a one mile radius with an overall vacancy rate of 1.5%- STRONG LEASE FUNDAMENTALS - 10 Year Abs. NNN Lease with a rent escalation in year 6 and 2 extension periods - 10% rent increases every 5 years and in option periods EASILY ACCESSIBLE - Full access into the site from Timber Drive East - Approximately 1.5 miles to US - 70 & I-40 interchange VALUABLE LOCATION - Over 1,500 multifamily units in a one mile radius - Cross access to Adeline White Oak Apartments - ~336 units - Across the street from Abberly Place Apartments - ~600 units STRONG TENANT THAT FILLS A MARKET VOID - Fit4Life has 18 locations throughout the Triangle and Eastern North Carolina - Next closest fitness concept is over 2.5 miles away