Investment Overview

- Fast Pace Urgent Care & Sleep Outfitters two-tenant 8,500 SF center on 1.55 acres located in Pikeville, KY as an out-parcel to the #3 ranked Walmart Supercenter in the state of Kentucky with 3.2M visitors (per Placer.ai) - Long term Leases with rental escalations - Fast Pace Urgent Care Lease expires on 1/31/2035 and has 10% escalations every 5 years - Sleep Outfitters Lease expires on 10/31/2028 and has 10% escalations every 5 years - Corporate Guarantees - On July 20, 2022, Fast Pace Health announced it has partnered with First Care Clinics (original tenant) and will rebrand this location to Fast Pace - Fast Pace is one of the largest urgent care operators in the US with over 280 clinics throughout TN, KY, LA, MS, IN, NC, AR and AL - Sleep Outfitters (est. 1983) currently operate approximately 100 locations throughout AL, IN, KY, OH, KS, MO, TN, and WV - High barrier to entry market - given the topography, it is challenging to develop in this region making this retail corridor highly desirable - Incredibly strong Placer.ai data - Walmart ranks in the 95th percentile nationally and 97th percentile in KY (#3 location in KY with 3.2M visitors) - Pikeville Commons (Hobby Lobby, Marshalls, Ross, Petco) ranks in the 88th percentile nationally with 2.52M visitors - Food City ranks in the 89th percentile nationally with 969K visitors - Lowe’s ranks 96th percentile nationally and 97th percentile in KY with 839K visitors - Arby’s ranks in the 97th percentile nationally with 262K visitors and Burger King ranks in the 98th percentile nationally with 421K visitors - Applebee’s and Buffalo Wild Wings rank in the 91st and 87th percentile nationally with 259K visitors and 280K visitors – Texas Roadhouse ranks in the 90th nationally with 584K visitors ? High traffic location - located off State Route 460 (N. Mayo Trail) - 33,212 +/- cars per day - Pikeville is the county seat of Pike County and home to The Pikeville Medical Center - a 340-bed facility with over 3,100 employees - it is the largest hospital in southeast Kentucky consisting of 1.6 million SF-home to Kentucky’s only Level II Trauma Center - Newer construction - built in 2018 - AHI income in the 1-mile radius is over $100K