STRONG LEASE FUNDAMENTALS - 15 Year Abs. NNN Lease - No Landlord Responsibility - Three (3) five (5) year extension periods | 10% rent increases every 5 years and in extension periods GROWING RESTAURANT BRAND - Schlotzsky’s has been in business for over 50 years with more than 350 locations - The restaurant chain was acquired in 2006 by Focus Brands with a goal of large scale expansion in the southeast and southwest HIGHLY VISIBLE SITE IN RETAIL CORRIDOR - The property is positioned on Wade Hampton Blvd (35,100 VPD) - Wade Hampton Blvd also runs into Hwy 29 which is a direct connection between Greenville and Spartanburg - Over 1.1M SF of retail space in a 1-mile radius - National Retailers include: Roses Discount Store, Walmart, Lidl, Home Depot, and more LOCATED NEAR PROMINENT UNIVERSITIES - Located just 6 miles away Furman University, home to over 2,500 students and around 500 employees - Furman’s annual impact on Greenville County and surrounding areas is more than $297 million - The site is also positioned directly across the street from Bob Jones University - Bob Jones boasts a 225-acre campus, with around 3,000 students and over 100 staff members GREENVILLE-SPARTANBURG MSA - As of 2023, the Greenville Spartanburg MSA is the most populous metropolitan area in SC, with the population exceeding 1.6 million people South Carolina has also earned the title of the fastest growing state in the country, with an impressive average annual growth rate of 1.7% RECENT RENOVATIONS - The Building has recently been renovated to suit the tenant’s specifications - Tenant has paid to add specific capital improvements to enhance operational performance