• 222,614 rentable square feet across 5 locations all under 10 miles from each other
• High-income sub-markets all located in West Knoxville which has an older, more affluent demographic – avoiding the occupancy volatility typically caused by students in a college town
• High performing stores with portfolio occupancy over 96%
• Strong population growth projected in all of the trade areas surrounding each location in the coming years
• Over $2M in CapEx put into the properties since 2023
• Thousands of residential units under development surrounding the portfolio
• Significant revenue growth in two most recent quarters once CapEx work was completed and physical occupancy stabilized
• Substantial room to continue to push in-place rents to market. Revenue is up 23% YoY and we project another 20% in revenue gains are possible in the next 12 months

5 Properties: