ATTRACTIVE LEASE FUNDAMENTALS WITH HEALTHY RENT-TO-SALES

• New 20 year Abs. NNN lease
• 2.00% rent increases annually
• No Landlord Responsibilities
• Rent is based off sales, providing low rent-to-sales for healthier operations

POSITIONED ON A RETAIL CORRIDOR

• 400k SF of retail within a 2 mile radius
• 435k SF of industrial space in a 2 mile radius
• Nearby retailers include: Food Lion, Bojangles, Burger King, Circle K, O’Reilly Auto Parts

NEAR MARKET DRIVERS

• Located just 4 miles away from McLeod Medical Park Pavilion - a 3 million SF medical park with over 500 beds and over 15,000 employees
• Approximately 6.4 miles away from MUSC Health Florence Medical Center - a health center that is over 500k SF and boasts over 400 beds and over 1.500 employees

NAME BRAND TENANT

• Wendy’s is ranked in the top 5 quick service restaurants (QSRs) in United States
• Over 6,000+ locations in 51 states and 30 countries.
• In 2023 The Wendy’s Company had annual revenue of $2.18B with 4.11% growth

HIGH VISIBILITY ON HARD CORNER OF MAJOR COMMUTER THOROUGHFARE

• Located at a lighted intersection of E. Palmetto St (20,600 VPD) & Freedom Blvd (7,900 VPD)
• Directly in front of Sandstone Communities, a 106 home community

HEALTHY MICRO-ECONOMY

• Florence Ranked #48 out of 384 Metro Areas in the US for Overall Economic Health - Employment rate has increased more than 2% since January 2024 up to 97.4%, South Carolina had the largest increase of any state at 3.5% growth