Investment Overview

20-YEAR ABSOLUTE NET GROUND LEASE New 20-Year Ground Lease Commencing November 2025 With Absolute-Net Structure And No Landlord Responsibilities RIVER CITY MARKETPLACE CORRIDOR JACKSONVILLE MSA The Property Sits In The River City Marketplace Trade Area, The Largest Shopping Complex In North Jacksonville, Home To 80+ Retailers And Shadow- Anchored By Walmart, Lowe’s And BJ’s Wholesale ADJACENT TO REGIONAL HEALTHCARE AIRPORT DEMAND DRIVERS 10% RENT INCREASES EVERY 5 YEARS Scheduled 10% Rental Increases Every Five Years Drive Built-In Income Growth Throughout The Primary Term And Four 5-Year Option Periods NEW 2026 CONSTRUCTION | DRIVE-THRU New 4,200-SF Drive-Thru Prototype Scheduled For 2026 Delivery On A 32,670-SF Parcel In A High-Visibility Retail Corridor The Site Is Along Max Leggett Parkway Near UF Health North And Minutes From Jacksonville International Airport, Which Recorded More Than 7.6 Million Passengers In 2024 CORPORATE OWNED | YUM! BRANDS Habit Burger & Grill Is Owned By Yum! Brands (NYSE: YUM), Which Carries A BB+ Issuer Credit Rating From S&P