2920 Jones Franklin Rd, Raleigh, NC 27606

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

• 2023 Total Revenue was $3B

HIGH GROWTH AND AFFLUENT TRADE AREA

• Over 7k people live within 1-mile of the site with an AHHI of $130K+ and a population growth of 1.7% annually

• Within the 1,3,and 5 mile radiuses the average household income exceeds 100K which is significantly above the national average

WELL POSITIONED IN A HEALTHY RETAIL NODE

• The site is located at a lighted intersection in a top performing trade area

• Over 1.4MSF of retail space in a 1-mile radius with a vacancy rate of under 0.5%

• Nearby national retailers include: Kohl’s, Best Buy, Target, The Home Depot, Marshalls, Lowe’s Homes Improvement, and much more

RECENT RENOVATIONS

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

• Warranties in place

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)