Investment Overview

STRONG REAL ESTATE FUNDAMENTALS Desirable Atlanta MSA location in one of the fastest-growing counties in metro Atlanta Flat topography with phenomenal visibility Multiple points of ingress/egress Hard corner at a 4-way signalized intersection 2021 construction with brick exterior Explosive population growth since 2000: 229% (1-mi), 242% (3-mi), 222% (5-mi) with additional growth expected over the next 5 years Affluent market with AHHIs of $122,060 (1-mi), $112,672 (3-mi) & $101,253 (5-mi) Nearby market drivers include Home Depot Distribution Center (1 MM SF) & Tanger Outlets (320k+ SF) OPTIMAL LEASE STRUCTURE Rare 20-year base term with 18+ years left Four (4), 5-year renewal options Annual rent escalations of 1.25% throughout the entirety of the lease Triple Net (NNN) lease with no landlord responsibilities Tax advantages with bonus depreciation due to fee simple ownership OPTIMAL DEMOGRAPHICS Affluent and dense market Average household incomes exceed $111k in a 1, 3 & 5-mile radius Strong daytime and permanent population: >5,000 (1-mi); > 52,000 (3-mi); > 125,000 (5-mi) Explosive population growth since 2000: ±150% (1-mi); ±125% (3-mi); ±99% (5-mi) Projected growth continued over the next 5 years ATLANTA ADVANTAGE Atlanta metro has the 5th largest population in the US with 5.9+ million residents 30 companies with HQ in metro Atlanta are among the 2020 Fortune 1000 16 ranked in the elite Fortune 500 Georgia has been named the #1 state for business climate and for doing business for the last 6 years (Site Selection & Area Development) For the last 5 years, Atlanta has been among the top 5 metro areas in the nation for most net migration Major industries include financial services, technology and telecommunications Forbes Rankings: #13 Best Places for Business and Careers #34 in Job Growth #41 in Education LARGE FRANCHISEE & DOMINANT BRAND Largest Alimentation Couche-Tard franchisee in US Exclusive Circle K franchisee in Metro Atlanta Expanding 200+ unit operator across 7 states (AL, AR, GA, LA, SC NC, TN) Currently operates 70+ locations in GA 26+ year operating history HQ in Atlanta, GA Alimentation Couche-Tard is an international brand with 15,000+ locations in 20 countries (corporate)