Investment Overview

INTERSTATE LOCATION (50,700 VPD) • The subject property is located directly on Hwy 441 (31,300 VPD), located off Interstate 85 (50,700 VPD). • Interstate 85 is the main throughfare connecting Atlanta, GA, to Richmond, VA. ADJACENT TO WALMART SUPERCENTER • This Walmart supports over 2.4 million customers per year (Placer.ai). • Other nearby national retailers include Home Depot, Chick-fil-A, McDonald’s, LongHorn Steakhouse, Culver’s, and more. INDUSTRIAL HUB NORTH OF ATLANTA & ATHENS, GA • This Whataburger is located 69 miles northeast of Atlanta, and less than 25 miles from Athens & Gainesville, and is uniquely positioned directly off I-85, making it an industrial hub. • The subject property is located 1.5 Miles from the SK Battery America facility. The factory represents a $3 billion investment in EV battery production and employs over 3,000 people. • Large Employers include Kubota Tractors (3,000 employees), Roper Pump Company (325 employees), Ollie’s Bargain Outlet (175 employees), & Southeast Toyota Distributors (180 employees). • There is over 6.4 million square feet of industrial properties within a 3-mile radius. HOME TO TANGER OUTLETS COMMERCE | 2M ANNUAL VISITS • Tanger Outlet Commerce is located along the I-85 corridor in Commerce (Northeast GA). • It is conveniently located near the communities of Athens, Jefferson, Gainesville, and Lavonia —less than 45 minutes. • Tanger Outlets Commerce boasts over 70 stores featuring top national brands, including Nike Factory Store, Polo Ralph Lauren Factory Store, Coach, Michael Kors, H&M, American Eagle Outfitters, and Gap Factory Store. • Tanger Outlet Commerce is a 360,000 square foot outlet with over 2 million annual visitors. • There are plans for a new mixed-use development consisting of a 105-acre commercial and industrial park adjacent to Tanger Outlet. CORPORATE WHATABURGER GROUND LEASE | OPEN 24 HOURS • 3,751 SF Whataburger on 1.20 Acres located in Commerce, GA. • 15-Year corporate guaranteed ground lease with 10% rental increases every 5 years in the initial term and each of the three, 5 year option periods. • The rent commenced in September 2023, and this Whataburger has 13.5 Years remaining on the lease. • The tenant is responsible for all taxes, insurance, roof, structure, and parking lot. WHATABURGER ONE OF THE FASTEST GROWING QSRS | 1,112 LOCATIONS ACROSS 16 STATES • Whataburger was founded in 1950 and is headquartered in San Antonio, TX. • 1,112 locations across 16 states, has over 51,000 employees, and does over $4.1 billion in System-wide sales annually. • In 2019, private equity firm BDT Capital Partners, best known for taking ownership of Krispy Kreme and Panera Bread, acquired a majority interest in Whataburger. Since then, Whataburger has worked to grow. its franchised locations into new markets more aggressively, as well as redesign its outlets. • In 2021, Newsweek ranked Whataburger #2 for “Fast-Food Restaurant Chains” in its annual “America’s Best Customer Service” List.