Corporate NN Lease • Lease is signed with Advance Auto corporate • Recent lease extensions provide 10 more years of term • Option terms provide 10% rental increase every 5 years • Landlord is responsible for roof, structure, and parking lot, and split HVAC replacement with tenant • Advance Auto is convicted to the location by operating for 20 years and extending for another 10 years Name Brand and Credit Tenant • Advance Auto Parts is a publicly traded company (NYSE: AAP), with a market capitalization over $3.937B • Advance Auto has S&P Credit Rating of BBB- • Advance Auto Parts has over 5,200 stores in 47 states Located on Main Retail Corridor • Out Parcel to KJ’s IGA Market • Less than a mile from other National Tenants including Walgreens, KFC, Zaxby’s, Bojangles, and McDonalds Columbia MSA • Columbia’s average home price is $162,300, or roughly 35% less than the US Average Home Price, making the city very affordable and causing high growth rates • 12 Colleges / Universities are Located in the Central SC Region - Over 34K+ Students enrolled at the University of South Carolina alone • Columbia, SC’s population is 137,541 Close Proximity to Batesburg-Leesville Industrial Park • 5 minute drive from Batesburg-Leesville Industrial Park a 175 acre industrial park • Town of Batesburg-Leesville & Lexington County have jointly invested $3.5M worth of infrastructure improvements • Two operators reside in the park: Fisher Tank Company and C.R. Jackson’s new asphalt plant