Investment Overview

* Corporately Guaranteed NNN Jiffy Lube with long term historical occupancy located in Newport News, Virginia * Jiffy Lube has operated at this site since 1998 - 27+ years of occupancy * Corporately Guaranteed by Pennzoil-Quaker State Company dba SOPUS Products * Strong commitment to this location - Jiffy Lube exercised their 5th option early, extending the term to 11/1/2029 * Less than a mile from the prestigious City Center at Oyster Point - City Center, a high- density mixed use development on 52-acres, is located in the business district of Newport News and consists of 600 apartment homes, 250K SF of retail, 1M Class A office space, and a hotel and conference center * Located on heavily trafficked J Clyde Morris Boulevard (ADT of nearly 40,000 cars/day) - adjacent to many national retailers such as Wawa, Starbucks, Taco Bell, 7-Eleven, Truist, AAA, Subaru, Volkswagen, Chevrolet, McDonald’s, Dunkin’, Wendy’s, and several office/medical properties * In close proximity to Riverside Hospital (548-bed Level II Trauma Center), Deer Park Elementary (500+ students), and Christopher Newport University (4,500+ students) * Newport News is the 5th most populous city in Virginia and is part of Hampton Roads, also known as Virginia-Beach-Norfolk-Newport News MSA (approximately 1.7 million residents) * The Metro has the second largest concentration of military personnel in the United States, with nine military installations providing numerous jobs to the area * Newport News Shipbuilding is Newport News’ largest employer with over 24,000 employees - Fort Eustis is Newport News’ second largest employer with over 10,000 employees * The property is not far from Norfolk International Port Terminals, which brings in about 2.06 million containers/year * Densely populated market - over 180,000 residents within 5 miles with an AHI over $92,000