Investment Overview

The Tenant, Two Farms, Inc., doing business as Royal Farms, is subject to a new 20-year NNN ground lease. The lease features 10 percent rental increases every five years beginning year 11 of the base term, and in each of the four, five-year option periods. Royal Farms paid for 100% of the development and construction costs for the building and the site's improvements, which include eight fueling pumps and a car wash. In addition, they are installing a Tesla EV Charging Station at this location, which is significant as the next closest Tesla EV Station is 13 miles away in Bristol, VA. The Property offers exceptional collateral and residual value, enhancing the safety and security of this investment.