First Watch & T-Mobile

• TWO CORPORATE TENANTS | NNN LEASES — Corporate leases by First Watch (NASDQ: FWRG) with 681 locations and T-Mobile (NASDQ: TMUS) with 5,683 locations, each tenant occupying an equal ± 3,500 SF suite.

• NEW CONSTRUCTION | 2027 RENT COMMENCEMENT — New ± 7,000 SF building on ± 1.43 acres. Both leases are estimated to start paying rent in Q1 2027.

• 11.0-YEAR WALT | CONTRACTUAL RENT GROWTH — New 12-year First Watch and 10-year T-Mobile leases. Rent grows 10% throughout the primary term and each of the 5-year options.

• SIGNALIZED CORNER | WATERPARK ENTRANCE — Situated at the signalized intersection of State Route 50 and Ken Hayes Drive, the primary entrance to the planned 90,000 SF Mattel waterpark projecting 500,000 visitors a year.

• REGIONAL RETAIL CORRIDOR | STRONG DEMOGRAPHICS — Near Walmart Supercenter, Target, Meijer and Lowe’s. Average household income is $107,973 within 3 miles, with 68,689 residents within 5 miles.