Investment Overview

- Corporate Guaranteed Fee-Simple Bojangles located in Harrisburg, NC, a high growth, high income area located less than 20 miles from downtown Charlotte - Average Household Income in the 1-mile radius is over $132,000 and over $104,000 within 5 miles- over 118,000 residents within 5 miles with an expected growth rate of 8.5% over the next 5 years - Approximately 5.5 years remaining on an absolute NNN Lease with corporate Bojangles- Lease has two (2), five (5) year options to extend with each having a 7.5% rental increase - 30-year occupancy history- Bojangles has been operating at this location since 1995 - Conservative rent of only $113,500 - Large pad site (1.13 acres) with multiple points of entry - Bojangles (established 1977) currently operates approximately 800 units in 17 states (added 270 in its growth pipeline in 2023) - In 2023, Bojangles had systemwide gross sales of nearly $1.8 Billion (AUV of approximately $2.25M) - This location is approximately 25 miles North from Bojangles’ Corporate Headquarters in Charlotte - Charlotte is one of the fastest growing cities in the U.S., with nearly 3 million residents and an estimated growth rate of nearly 8.0% over the next 5 years - Ten Fortune 500 companies have headquarters in Charlotte- Bank of America, Lowes, Duke Energy, Honeywell, Nucor, Brighthouse Financial, Truist Financial, LPL Financial, Albermarle, and Sonic Automotive - Dense retail corridor- located near Publix, Lowe’s Food, Food Lion, Aldi, and Harris Teeter anchored shopping centers - Located less than 5 miles from UNC Charlotte (30,000+ students) and Atrium Health (130-bed hospital)