Corporate Guarantee from Strong Credit Tenant - Truist Financial (NYSE: TFC) is the 7th largest bank in the United States - Truist holds over $543B in assets - S&P Rating: A- Attractive Lease Fundamentals - 10% rental increase during current term - Rent adjusts to Fair Market Value in the Extension Term - No LL responsibilities Long Operating History - Truist/Sun-Trust has been operating at this location for over 25 years - Truist recently extended the lease - $109M in deposits at this location (110% increase from 2018), most out of all branches in the Virginia Beach Strong Surrounding Demographics - Over 322k people live within a 5-mile radius - Average household income is nearly $100K - Nearly 500k residents live within a 15 minute drive time High Visibility In Major Retail Hub - Situated at the intersection of Kempsville Rd (32k VPD) & Providence Rd (24K VPD) - Over 800k SF of retail located in 1 mile radius - Fairfield Shopping Center has recently gone through $1.5M of capital improvements - Nearby National Tenant’s include: TJ Maxx, Kroger’s, Starbucks, Verizon, and Chase