- Attractive Lease Fundamentals | Rent Bump Soon - Each lease is structured Nnn, providing minimal landlord responsibility - 7-Eleven has a 10% rent bump coming in 2025, which will boost your annual return - Strong Corporate Anchor Tenant - The center is anchored by 7-Eleven - 7-Eleven market cap of $37.18B - Over 83,000 locations across the world - Charlotte MSA Tailwinds - Charlotte MSA has added more than 135K people form 2020 to 2023 making it the 5th fastest growing city in the Country - Charlotte forecasts a 45.2% job growth over the next 10 years - Prime Charlotte Real Estate - Located at the lighted intersection of Sharon Rd W (23.5K) and South Bv (33.5KVPD) - Across the street from Sharon Rd West Light Rail Stop (Over 13M riders per year) - Over 3.8K apartment units in a 1-mile radius - Surrounded by Thousands of Workers - Over 2.7MSF of industrial space located in a 1-mile radius - Across the street from Campbell Snacks 700K SF distribution facility - Re-Leasing Upside - Kure vapor has minimal term remaining with 0 option periods, providing the next owner the ability to ‘mark-to-market’ (Market Leasing - Assumption: Upper $20’s psf) the rent with a new tenant, renew Kure Vapor, or lease the excess space to 7-Eleven