Attractive Lease Fundamentals

• 7.50% rental increases during the initial term and 10% rent increases during option periods
• Absolute NNN Ground Lease with no early termination clause

Investment Grade Tenant

• Bank of America S&P credit rating: A+
• Total market capitalization is over $243B
• Over 3,900 retail financial centers across the globe
• Over $3 trillion dollars in assets
• Employs over 215K employees

Long Operating History with High Deposits

• Bank of America has been operating for 15 years at this location
• Recently extended for another 10 years
• Over $250M of deposits at this branch

Part of Blakeney Town Center

• Major Mixed Use Development consisting of 276K SF of office space and 603K SF of retail space
• National Retailers include: Best Buy, PetSmart, Target, Marshalls & HomeGoods, Shake Shack, and Chick-Fil-A
• Over 5.8M visitors TTM | Ranked top 70th percentile of Power Centers in the Nation

Affluent South Charlotte Neighborhood

• Average Household Income exceeds $150k within a 1-mile radius
• Over 10K people live in a 1-mile radius
• Over $172M of total consumer spending within a 1-mile radius YoY

Highly Accessible and Visible Location

• Cross access to adjacent shopping center, providing ingress from Rea Rd (31K VPD) and fronting Ardrey Kell Rd (16.5K VPD)