STRONG LEASE FUNDAMENTALS

• 10% rent increase every 5 years and during options periods
• Absolute NNN Ground lease providing no Landlord Responsibilities
• Five (5) - Five (5) year option periods

INVESTMENT GRADE TENANT

• Corporate Guaranty from Investment Grade Tenant - JP Morgan has a Market Cap of $602B (NASDAQ: JPM) with over 5,600 locations across the country
• S&P rating of AA1

HIGH GROWTH TOWN OF WAXHAW

• The town of Waxhaw is growing at a rate of 3.31% annually and has doubled in population from 2010-2020
• There are over 3,000 residential units under construction in the town

LOCATED IN DENSE RETAIL NODE

• Over 411K SF of Retail Space located in a 1-mile radius, boasting an average market asking rent of $30.69/SF and over 24.8K of absorption in TTM
• Nearby Tenants include: Harris Teeter, Walmart Neighborhood Market, Lowes Home Improvement, and much more

AFFLUENT CHARLOTTE SUBMARKET

• Approximately 35 minutes to center city Charlotte
• 30 Miles to Charlotte-Douglas International Airport
• 1,3, and 5 mile radius AHHI exceeds $160K

A TOP PERFORMING MARKET NATIONALLY

• Charlotte, NC ranked #5 in 2022 of best residential markets (Rocket Mortgage)
• Charlotte forecasts a 45.2% job growth over the next 10 years (4.6% growth from 2021 to 2022)
• 5th fastest growing city from 2021 to 2022 (population change: 15,217)