STRONG LEASE FUNDAMENTALS - Fifteen year initial term - Above market average 12% rent increase every 5 years and during options periods - Absolute NNN Ground lease with no early termination clause - Three (3) - Five (5) year option periods CORPORATE LEASE W/ A GROWING BRAND - Lease signed with Jim ‘N Nicks corporate - Over 40 locations with more than 30 expected to open over the next 3 years - Strong credit tenant with new fast casual concept LOCATED IN HUGE RETAIL CORRIDOR - Over 4.1MSF of retail space located in a 1-mile radius - Property is an Outparcel to the 936K SF Oglethorpe Mall - Anchor Tenants include: Belk, JCPenney, and Macy’s - The mall vacancy rate is currently 0% - The mall boasts just under four million visits annually bringing clients to Jim ‘N Nick’s daily SAVANNAH, GA MSA - The Savannah, GA MSA is the third most populated MSA in Georgia behind only Atlanta and Augusta - From 2010 to 2020 the Savannah, GA MSA was the fastest growing area in all of Georgia HUNTER ARMY AIRFIELD - Site is located next to the 5,370 acre 3rd infantry Division Marine Division Airfield - The airfield is home to more than 5,700 soldiers and employs more than 25K people providing a significant economic impact on the Savannah, GA area POSITIONED IN DENSELY POPULATED AREA - Jim ‘N Nick’s is positioned right off of busy Abercorn St (36.4K VPD) - The site is surrounded by The Madison Communities which is a 240 unit multifamily development set to deliver in late 2025 - According to there are more than 1,500 multifamily units within a 1-mile radius of the site