| LONG -TERM LEASE - Brand New 20-Year Absolute NNN Lease with Attractive 7.00% Rental Escalations Every 5 Years! |
| OPERATOR | TENANT - Parent Company of KBP Foods operates ±1,090 locations across 4 brands in 32 states. Tenant - FQSR, LLC |
| (the largest KFC franchisee in the U.S.) encompasses ±832 locations (+20% of KFC locations in the U.S. system) |
| Successfully open & operating since 2018 with an attractive 8.36% rent to sales ratio (sales well above national average)! |
| HIGH TRAFFIC COUNTS/VISIBILITY - This parcel sits on a LARGE ±2.078-ACRE lot - well-positioned in Downtown Wadesboro - close proximity to Food Lion |
| 2023 VERY AFFLUENT DEMOGRAPHICS: Total Population (5-MI): 9,260 | Average Household Income (1-MI): $60,044 |
