| A 10% rent increase is fast approaching in April 2026, and another 10% increase at the tenant’s final renewal option in April 2031 |
| Tenant maintains, insures, and reimburses taxes for its premises and no landlord management is required |
| Outparcel to Springdale, which is anchored by the 2nd most visited Sam’s Club out of 13 stores in the State |
| Springdale shopping center ranks in the top 4% nationally and top 3% in Alabama for customers to shopping centers: attracting 6.8 million visitors |
| The Juicy Crab in Mobile has strong, growing sales and a 4.5-star rating from 575 Google reviews |
| Heavy cross-shopping is generated with Springdale’s national tenants including Crunch Fitness, Conn’s, Ulta Beauty, Marshalls, and Sam’s Club |
