Proximity to National Anchor Retail The subject property is located across the street from Walmart Supercenter and Henderson Square, a shopping center containing Belk, Burkes, and Marshalls plus a recently opened Five Below and TJ Maxx. Additionally, Lowe’s Home Improvement and Aldi are a 3-minute drive away. Walmart received 2.2M visits over the past 12 months, helping draw consumers to the immediate area. Seasoned Operators 100% of the GLA is operated by corporate entities backed by nearly 9,000 combined brand locations. Easy Access from I-85 & US-158 Bypass T-Mobile & Mattress Firm are located a 1-minute drive from US-158 Bypass (35,500 VPD) and a 2-minute drive from an interchange of I-85 (39,500 VPD). I-85 is one of the major interstates in the southeastern US connecting Charlotte to Richmond. Primary Term Rent Growth T-Mobile & Mattress Firm both feature brand-new 10 year leases with 10% rent escalations beginning year six of their primary term. Nearby Economic Drivers The center is located less than a mile away from Maria Parham Health Hospital (205 beds, in the Duke LifePoint network) and Vance Charter School (939 students), and a 7-minute drive from Vance-Granville Community College (3,000+ students). Limited Landlord Responsibility Both leases allow for full pass through of Taxes, Insurance and Common Area Maintenance plus an additional 15% Administrative fee on CAM. Additionally, the building underwent a major renovation including all new HVAC units in 2022/2023. An investor can expect limited responsibilities and near term capital expenditure.