620 Chessie Sta, Apex, NC 27502

RARE LEASE STRUCTURE

• One of the first Abs. NNN Heartland Dental lease formats

• Zero landlord Responsibilities

• 12 Year lease with four (4) five (5) year extensions

• 10% Rental Increases every 5 years and in extensions

LARGEST DENTAL ORGANIZATION GUARANTY

• Heartland Dental is the largest dental support organization in the United States

• Over 1,800 Locations

• 2024 Total Revenue was over $3B

POSITIONED IN HIGH DEMAND TRADE AREA

• Within a 1-mile radius of the Heartland Dental is more than 857K SF of retail space boasting a 0.5% vacancy rate

• Nearby National Retailers Include: Food Lion, Lidl, Costco Wholesale, Harris Teeter, Academy Sports & Outdoors, and more

HIGHLY AFFLUENT APEX

• Located in Apex, NC which has experienced an 18.25% population growth since 2020

• Surrounding the site within a 1-mile radius the population exceeds 9K people with an AHHI over $150,000

• In a 5-mile radius there are more than 175K potential customers with an AHHI greater than $170,000

NEW CONSTRUCTION IN MIXED USE DEVELOPMENT

• Outparcel to Villages of Apex, a 166 Townhouse Community

• The Building has recently been built to suit the tenant’s specifications

• Tenant has paid to add specific capital improvements to enhance operational performance

RALEIGH, NC - A TOP PERFORMING MARKET NATIONALLY

• Raleigh, NC ranked #3 in 2023 of best residential markets (Rocket Mortgage)

• Raleigh forecasts a 44% job growth over the next 10 years (3.0% growth from 2021 to 2022)

• Raleigh ranked #3 in best places to live for 2023-2024 (U.S. News)