Attractive Lease Fundamentals

• 8% rental increases every 5 years and during option periods
• Absolute NNN Ground Lease with no Landlord Responsibilities
• Four (4) - Five (5) year option periods

High Profile Site

• Fronting N. Main St (56.4K VPD) and Azalea Square Blvd, which is the main entrance to Azalea Square Shopping Center, a 592K SF Power Center that includes Target, Kohl’s, T.J. Maxx, and Best Buy

Charleston, SC MSA - High Growth

• Charleston, SC has had a 17.7% population change from 2010 to 2023
• Approximately 800K people live in the MSA

Highly Accessible Location

• Located at lighted intersection on N. Main St which provides direct access to I-26 (0.4 miles)
• Subject site has its own dedicated parking lot

Positioned in Prominent Commercial Corridor

• Over 2.3MSF of retail space is located within a 1-mile radius
• Over 146K new retail space is under construction
• Nearby retailers include Walmart, Lowes Home Improvement, Belk’s, Chick-Fil-A, and Starbucks

High Deposits in Area

• SouthState Bank (across the street) has over $75M in deposits
• Pinnacle Bank (1.7 miles) has over $81M in deposits