ATTRACTIVE LEASE FUNDAMENTALS

• New 15 year Abs. NNN Ground Lease
• 10% rent increases every 5 years
• Four (4) renewal options of five (5) years each
• No Landlord Responsibilities

GLOBALLY RECOGNIZED BRAND

• Outback Steakhouse has over 1,300 locations in 23 countries throughout North and South America, Asia, and Australia
• Outback is a subsidiary of Bloomin’ Brands Restaurant Group
• Bloomin’ Brands reported over $4.4 billion in revenue

WILSON, NC - A MANUFACTURING HUB

• Wilson, NC has over 90 different manufacturers
• Approximately $134M of capital was spent on either expanding or developing manufacturing facilities in 2022, bringing approximately 190 jobs
• Subject site is located less than 8 miles from Bridgestone America’s manufacturing facility, which employs over 1,700 people

POSITIONED IN DOMINANT RETAIL NODE

• Over 1.2MSF of retail space in a one-mile radius boasting a ~0.6% vacancy rate
• Across the street from Heritage Crossing Shopping center a 460K SF Target-anchored power center

HIGHLY VISIBLE AND TRAFFICKED LOCATION

• Located on the corner of a high trafficked lighted intersection of Raleigh Road Pkwy (23.5k VPD) and Airport Blvd NW (27.5K VPD)
• Multiple points of ingress and egress on Airport Blvd and Raleigh Road Parkway with cross-access to other retailers

NEW CONSTRUCTION

• Newly built Outback, building being constructed by Tenant with newest restaurant prototype