• FRITO-LAY/ PEPSICO – Frito-Lay, a division of PepsiCo, Inc., continues to lead the national snack industry with renowned brands such as Lay’s, Doritos, Fritos, Cheetos, Tostitos, Sun Chips, and Ruffles. In 2024, Frito-Lay North America (FLNA) reported net revenue of $24.75 billion, accounting for approximately 27% of PepsiCo’s total net revenue of $91.85 billion. PepsiCo’s operating profit for 2024 was $12.89 billion, with FLNA contributing $6.32 billion, representing approximately 49% of the total operating profit. PepsiCo maintains a strong credit rating, with S&P Global Ratings assigning an A+ rating and Moody’s Investors Service affirming an A1 rating with a stable outlook. Established in 1898, PepsiCo was formed through the merger of Frito-Lay and Pepsi-Cola in 1965. • NEW CONSTRUCTION / FUNCTIONAL INDUSTRIAL – This distribution warehouse serves as a Product Exchange Center for Frito-Lay/ PepsiCo as a ±7,653 square foot building on ±2.373 acres of land (7.40% Building/Lot Coverage). Featuring 7 docks and abundant yard space for truck loading and parking – this property is a highly functional building while also maintaining the ability to further expand the facility with additional square footage in the future. • LONG TERM LEASE / ANNUAL RENT INCREASES – PepsiCo Global Real Estate, Inc. has ±7.50 years remaining on their Industrial NNN lease featuring annual rent increases allowing a strong hedge against inflation. • STRATEGIC LOCATION – Norton is situated in Southwest Virginia, providing a strategic position to serve markets in the Appalachian region and beyond. Its proximity to major highways and transportation networks facilitates efficient logistics and distribution such as: East/West: U.S. Route 58 connects from Harrogate, TN through Norton and Danville ending in Norfolk/Virginia Beach. North/South: US 23 begins in Jacksonville, FL and connects through Atlanta, GA; the Tri-Cities region of TN; Norton, VA; Kentucky (“Country Music Highway”); Columbus, OH; and ending in Michigan.