Investment Overview

FUNDAMENTAL LOCATION | VISIBILITY & ACCESS New 2023 Tractor Supply – rare relocation store Located with Lucedale’s primary retail corridor across from Walmart Supercenter Deliberate Location, Competition Void in Immediate Trade Area Strategically positioned in the Lucedale market near I-63 Highway and close proximity from Hattiesburg, MS & Mobile, AL TENANT & LEASE STRUCTURE New 15-Year Lease with 4, 5-year renewal options Corporately guaranteed by Tractor Supply Company Tractor Supply is an Investment Grade Credit Tenant with a S&P “BBB/Stable” bond rating 5% rent increases every 5 years during the Base Term and each Option Period LL Roof and Structure obligation is offset by GAF EverGuard 15-Year TPO roof w/NDL Roof Guarantee Four (4), Five (5) Year Options PROMINENT MARKET LOCALE TSC operates 53 stores in the state of Mississippi and 71 In neighboring Alabama Centrally located with 38,589 people within a 30-minute drive Average Household Income $62,193 – Above Average in the State of MS Located in Surrounding Towns Outlying Major Metropolitan and in Rural Communities CATEGORY LEADING TENANT Tractor Supply is the largest rural lifestyle retailer in the U.S., ranking 291 on the Fortune 500 Largest Rural Lifestyle Retailer in the U.S with 2,181 stores in 49 states Brand New High-Quality Construction, Minimal Landlord Responsibility Newest Large-Format Prototype Building, includes 20k Outdoor Fenced Display w/ Garden Center Tractor Supply is targeting 3,000 stores nationally with 80 NEW stores in 2024 and 90 in 2025