Recent Lease Extension | Long-Term Commitment

• Family Dollar recently extended its lease, demonstrating long-term commitment to the site
• Over 12 years of remaining lease term provide durable cash flow visibility

Built-In NOI Growth

• Lease includes 5% rental increases every 5 years during the base term
• Continued 5% increases throughout all remaining 5-year option periods

Strong Site Performance | Top 31% Nationwide Location

• Property ranks in the top 31% of locations nationally based on annual visits
• Demonstrates strong and consistent customer traffic levels at the site

Absolute NNN Lease Structure | Passive Investment

• Tenant is responsible for taxes, insurance, and maintenance

Fee Simple Ownership | Tax Depreciation

• Tax depreciation benefits enhance investor value
• Fee simple ownership offers long-term control of the underlying real estate

3rd Largest City in PA | Dense Population

• Positioned along South 4th Street with approximately 20,000 vehicles per day
• Serves nearly 250,000 residents within a 5-mile radius in Allentown

Growth Market | Expected Population Growth

• Surrounding population projected to continue growing over the next five years
• Expanding consumer base supports long-term retail demand and tenant performance

Positive Tenant Outlook

• Family Dollar generated approximately $13 billion in revenue in fiscal year 2025
• Reported 2.5% comparable sales growth and projects continued positive growth in 2026

Dense Retail Corridor

• Located across from Price Rite and adjacent to nationally ranked retailers
• Nearby retailers include: Wawa (top 20% nationwide), KFC (top 31%), and Popeyes (top 41%)

Proximity to Major Universities

• Within 5 miles of Lehigh University, home to approximately 8,000 students and ranked in the top 50 universities in the nation
• Within 4.5 miles of Muhlenberg College, with approximately 2,000 students

Nearby Regional Airport

• Located near Allentown Queen City Municipal Airport, which supports more than 25,000 flight operations annually