| This is a Double Net (NN) Lease With Landlord Responsibilities Limited to Roof and Structure |
| Blue River PetCare is a Leading Operator of Veterinary Hospitals, Managing Over 200 Hospitals Across the Country Provides a Corporate Guarantee |
| 6+ Years Remaining on the Initial Lease Term, Providing For a Long-Term Investment |
| The Lease Features 2% Annual Rental Increases Throughout the Term, Steadily Growing the NOI and Hedging Against Inflation |
| The Veterinary Services Market Has Had Significant Revenue Growth of 11.40% Since 2019 and is Expected to Reach $56.6 Billion By 2029 |
| Veterinary Hospitals Are Sound Investments as They Are Pandemic, E-Commerce Resistant and Have Low Relocation Rates Due to High Relocation Costs |
