Investment Overview

STRONG REAL ESTATE FUNDAMENTALS Situated at the entrance of Clemson Grove, a 300+ acre multi-use development project Project partners include Clemson University, City of Pendleton, Anderson County & local school districts Located ±6 miles from Clemson University Annual economic impact of $1.9 B for the state 33,000+ students & faculty Latest store prototype design 5,320 SF building with drive-thru endcap Endcap is leased to Dunkin’ which will help drive more traffic to the site and lower the tenant’s occupancy costs Gas Express will sign a Master Lease that will commence a close of escrow Full Franchise store which provides advanced AI to enhance the customer experience and improve operational efficiencies Large parcel size of ±1.51 acres Flat topography with strong visibility Multiple points of ingress and egress Direct access to a signalized intersection Large fueling station with 5 MPDs/10 hoses OPTIMAL LEASE STRUCTURE Rare 20-year base term Four (4), 5-year renewal options Inflation hedge with 1.5% rent escalations every year throughout entire lease Triple Net (NNN) lease with NO landlord responsibilities Tax advantages with accelerated & bonus depreciation due to fee simple ownership See page 5 in OM for more details GREENVILLE, SC MSA ADVANTAGES The metro is expected to add almost 80,000 people through 2027, which will result in the formation of 36,000 households Major industries include technology and financial services Largest employers: Prisma Health (health services) Michelin North America (HQ, R&D, manufacturing) Bon Secours St. Francis Health System (health services) Duke Energy Corp. (utility provider) LARGE FRANCHISEE & DOMINANT BRAND Largest Alimentation Couche-Tard franchisee in US Expanding 200+ unit operator across 6 states (AL, AR, GA, LA, SC, TN) 26+ year operating history HQ in Atlanta, GA Alimentation Couche-Tard is an international brand with 15,000+ locations in 20 countries (corporate)