STRONG LEASE FUNDAMENTALS - 10% rent increase every 5 years and during options periods - Absolute NNN Ground lease providing no Landlord Responsibilities - Five (5) - Five (5) year option periods INVESTMENT GRADE TENANT - Corporate Guaranty from Investment Grade Tenant - JP Morgan has a Market Cap of $602B (NASDAQ: JPM) with over 5,600 locations across the country S&P rating of AA1 HIGH GROWTH TOWN OF WAXHAW - The town of Waxhaw is growing at a rate of 3.31% annually and has doubled in population from 2010-2020 - There are over 3,000 residential units under construction in the town LOCATED IN DENSE RETAIL NODE - Over 411K SF of Retail Space located in a 1-mile radius, boasting an average market asking rent of $30.69/SF and over 24.8K of absorption in TTM - Nearby Tenants include: Harris Teeter, Walmart Neighborhood Market, Lowes Home Improvement, and much more AFFLUENT CHARLOTTE SUBMARKET - Approximately 35 minutes to center city Charlotte - 30 Miles to Charlotte-Douglas International Airport - 1,3, and 5 mile radius AHHI exceeds $160K A TOP PERFORMING MARKET NATIONALLY - Charlotte, NC ranked #5 in 2022 of best residential markets (Rocket Mortgage) - Charlotte forecasts a 45.2% job growth over the next 10 years (4.6% growth from 2021 to 2022) - 5th fastest growing city from 2021 to 2022 (population change: 15,217)