• LEASEHOLD INVESTEMENT – 24 YEARS REMAINING ON GROUND LEASE – NO OPTION TO RENEW OR PURCHASE OPTIONS • Fully Leased to Nationally Recognized Tenants o Coastal Construction Products, LLC (d/b/a: Beacon Waterproofing products) – ±23,684 SF (37.41% GLA) is Leased to Coastal Construction Products, LLC (d/b/a: Beacon Waterproofing products) who is owned by Beacon Roofing Supply (Nasdaq: BECN) / BB- Credit) the largest publicly traded distributor of roofing materials and complementary building products in the United States and Canada with over $9.1 Billion of Annual Revenue. o Sherwin Williams Co – ±7,862 SF (12.42% GLA) is Leased to Sherwin Williams Co. (NYSE: SHW) / (BBB Credit). Sherwin Williams is one of the most reputable brands in the United States founded in 1866 and is the #1 paint provider in the Country with over $23 Billion of Annual Revenue. This investment grade tenant has been occupying this space since 2004 with a recent 10-year lease extension. o Capital Lighting & Supply (d/b/a: ECK Supply, ENSCO & Capital Electric) – ±23,889 SF (37.74% GLA) is leased to Capital Lighting & Supply (d/b/a: ECK Supply, ENSCO & Capital Electric), which are all owned by Sonepar / (A2 Credit Before Private in 2022). In 2022, Sonepar announced Capital Electric had reached a milestone of $1 billion in sales. Founded in 1958, Capital Electric has grown to over 70 locations and provides electrical products, lighting, and services to contractors, builders, and end-users. o Continental Battery Company – ±7,869 SF (12.43% GLA) is Leased to Continental Battery Company funded by a reputable Private Equity firm, H.I.G. Capital, who has invested in over 400 companies with combined revenues in excess of $53 Billion. Continental Battery Company is a leading distributor of aftermarket batteries to the automotive, commercial, marine, and industrial markets. The company operates at over 200 locations across the United States and Canada and has been a reliable battery distributor since 1932. • Strategic Raleigh Location – The subject property is located with frontage on I-440 and is +/- 3 miles from downtown Raleigh within the Northeast Wake County Submarket, which boasts 3.2% Industrial Vacancy. The I-440: o Provides direct access to PNC Arena & Carter-Finley Stadium and is less than a mile from US-401, which runs through downtown Raleigh. o Connects to the I-40, which provides direct access to Raleigh-Durham International Airport and Research Triangle Park (RTP). RTP is derived from its proximity to three major research universities - Duke, the University of North Carolina at Chapel Hill, and North Carolina State University - as well as being a hub for technology and biotech companies.