STRONG LEASE FUNDAMENTALS

• Fifteen year initial term
• Above market average 12% rent increase every 5 years and during options periods
• Absolute NNN Ground lease with no early termination clause
• Three (3) - Five (5) year option periods

CORPORATE LEASE W/ A GROWING BRAND

• Lease signed with Jim ‘N Nicks corporate
• Over 40 locations with more than 30 expected to open over the next 3 years
• Strong credit tenant with new fast casual concept

LOCATED IN HUGE RETAIL CORRIDOR

• Over 4.1MSF of retail space located in a 1-mile radius
• Property is an Outparcel to the 936K SF Oglethorpe Mall
• Anchor Tenants include: Belk, JCPenney, and Macy’s
• The mall vacancy rate is currently 0%
• The mall boasts just under four million visits annually bringing clients to Jim ‘N Nick’s daily

SAVANNAH, GA MSA

• The Savannah, GA MSA is the third most populated MSA in Georgia behind only Atlanta and Augusta
• From 2010 to 2020 the Savannah, GA MSA was the fastest growing area in all of Georgia

HUNTER ARMY AIRFIELD

• Site is located next to the 5,370 acre 3rd infantry Division Marine Division Airfield
• The airfield is home to more than 5,700 soldiers and employs more than 25K people providing a significant economic impact on the Savannah, GA area

POSITIONED IN DENSELY POPULATED AREA

• Jim ‘N Nick’s is positioned right off of busy Abercorn St (36.4K VPD)
• The site is surrounded by The Madison Communities which is a 240 unit multifamily development set to deliver in late 2025
• According to there are more than 1,500 multifamily units within a 1-mile radius of the site