ATTRACTIVE LEASE FUNDAMENTALS - New 15 year NNN lease - 8% rent increases every 5 years - No Landlord responsibilities FAST GROWING BRAND - Freddy’s currently has over 300 locations in 31 states - Expansion plans include to have over 600 stores by middle of 2024 NEW STATE OF THE ART BUILDING - Building is being built to suit Freddy’s concept - Warranties will be assigned to new owner POSITIONED ON A RETAIL CORRIDOR - Over 1.7MSF of retail space located in a 1-mile radius - Nearby National QSRs include: Burger King, Arby’s, Biscuitville, McDonald’s, Bojangles, and Dunkin HIGHLY VISIBLE AND TRAFFICKED LOCATION - Fronting S. Main St (14,500 VPD) - Approximately 1/3 mile to I-74 (20,500 VPD) - Two points of ingress & egress (S. Main St & Biggs St) - 1.25 Miles to Downtown Laurinburg SO-PAK-CO FACILITY - So-Pak-Co, a food processor and packager, chose Laurinburg for its new operation - $85M project - 440 new jobs - State Economic Impact totaling $1.5B