New 10-Year Sale-Leaseback | Strong Personal Guarantee | Options to Extend | Rental Increases | New Construction - Tenant will execute a brand new 10-year sale-leaseback at close of escrow with 2 (5-year) options to extend, demonstrating their long-term commitment to the site - The lease includes a strong personal guarantee - The lease features a 10% rental increases every five years and at the beginning of each option period, steadily growing NOI and hedging against inflation - The site was newly constructed in 2021 Absolute NNN Lease | Retail Condo Ownership | No Landlord Responsibilities - Tenant pays for CAM, taxes, and insurance - No landlord responsibilities - Ideal, management-free investment for a passive investor Popular Local Operator | Excellent Reviews | Ocean Springs Hospital - Keg and Barrel currently has 3 separate locations in Mississippi, all of which are very popular and highly regarded by the local community - Since its opening in 2020, this location has received excellent reviews, averaging 4.8 stars on Facebook and 4.5 stars on Yelp - Keg and Barrel is located less than 2 miles from Ocean Springs Hospital (Singing River Health Systems), a 160-bed facility Main Retail Thoroughfare | Direct Consumer Base | Nearby National/Credit Tenants - Keg and Barrel is located on Bienville Blvd (42,000 VPD), the main retail thoroughfare of Ocean Springs - Nearby national/credit tenants include CVS Pharmacy, Winn-Dixie, Ace Hardware, Planet Fitness, and more - Keg and Barrel is located in a new condominium development, The Inlet (95 units), providing a direct, walkable consumer base from which to draw - 100% of the condominiums at The Inlet were sold shortly after completion 5-Mile Trade Area Demographics | Affluent Household Income - The 5-mile trade area is supported by over 46,500 residents and 18,000 employees