HIGHLY SECURED LONG-TERM NNN LEASE WITH AT&T - RECENT 10 YR. EXTENSION * Highly Secured Long Term NNN Lease With AT&T Corporate Signature | AT&T (American Telephone and Telegraph Company) is the world’s third largest telecommunications company with 2023 annual revenues of $122.4 billion. AT&T boasts an investment grade BBB (S&P) credit rating creating a highly secured income stream. * Recent 10 Year Extension & 34 + Years of Historical Occupancy | AT&T has exercised several renewal options throughout their occupancy and recently signed a new ten (10) year extension beginning April 2025 (4/1/25 – 3/31/35) further solidifying their long-term commitment to the site. The lease features attractive 3% annual increases throughout the primary term and two (2) five (5) year options at Fair Market Value with 3% annual increases thereafter providing an excellent hedge against inflation. * 33% Below Replacement Cost “MISSION CRITICAL” AT&T EMERGENCY REPAIR RESOURCE CENTER SERVICING FIVE (5) STATES * Sticky Tenant | The property is a “mission critical” facility which supports AT&T’s infrastructure in the greater region. AT&T has invested over $1.9 billion in wireless and wireline networks in St. Louis alone over the past 5 years demonstrating their commitment to “connectivity across the state”. The subject property is categorized as a “emergency repair resource center” for AT&T. * Solid Underlying Industrial Real Estate Fundamentals | The building’s immediate proximity to I-44 via the Hampton Ave on/ off ramp (± 0.4 miles) provides AT&T with convenient access to an extensive Interstate network (I-55, I-64, I-70, I-170, etc.) and the greater five state region that the facility supports. * Location Within Thriving “South County” St. Louis Submarket – Low Vacancy Rate | As of Q3 2024, the South County submarket boasted one of the lowest Industrial vacancy rates of the eleven total submarkets in Greater St. Louis at a rate of only 3.7%. In addition, as of Q3 2024, there were ZERO (0) square feet under construction in the South County submarket. The low vacancy and lack of construction are a testament to the high tenant demand and scarcity of available product in the South County submarket (CBRE Research).