INVESTMENT HIGHLIGHTS

• ±11.50-Years remaining on the base term of a 20-year ground lease 
• T-Mobile is on a sublease from a Hardee’s franchisee (sublease runs through July 2031 w/ three. 5-year options)
• T-Mobile is currently paying Hardee’s $10,000 per month ($3,125 more than the base rent of the original lease)
• The Franchisee operates 32 Hardee’s locations and 6 7Brew locations
• Attractive 10% rent increases every 5-years (next increase is in December 2026)
• Absolute NNN lease with zero landlord responsibilities 
• Traffic counts on Germantown Pkwy exceed 57,300 vehicles daily 
• 5-Mile population of 146,019 residents
• Large 1 Acre parcel
• Surrounded by a dense variety of national retailers including Walmart, Kroger, Panera, CVS, Starbucks, HomeGoods, ALDI, Chipotle, Aspen Dental, Petco, Party City, Outback Steakhouse, IHOP. Dunkin’, Tropical Smoothie, Whataburger, Freddy’s, AutoZone, Discount Tire, and many more! 
• Four, 5-Year options with 10% rent increases 
• Cordova is a wealthy suburb of Memphis TN