1035 Julian Road, Salisbury, NC 28146

STRONG LEASE FUNDAMENTALS

• 15 Year Ground Lease
• Six (6) x five (5) year extension periods
• 5% rental increase in year 5 and a 7.5% increase in year 10
• 7.5% increases in extension periods
• Zero Landlord Responsibilities

CORPORATE GUARANTEE FROM STRONG CREDIT TENANT

• Circle K is a subsidiary of Alimentation Couche-Tard (2024 Revenue: $74.17B; Market Cap: $47.17B), one of the world’s largest convenience store operators, with a presence in over 25 countries and territories
• It owns and operates more than 14,400 stores globally, including the well-known Circle K, Couche-Tard, and Ingo brands

GREAT VISIBILITY OFF OF I-85

• Site is positioned on a hard corner of the Rowan Summit Shopping Center
• Just two tenths of a mile from the busy interstate I-85 (90K VPD)
• The first C-Store located off of exit 75 from the commuter interstate

NEARBY ECONOMIC DRIVERS

• Just 1.5 miles from the site is RowanCabarrus Community College with just under 7,000 students and more than 300 full time employees
• Located 3.5 miles from the site is the Mid-Carolina Regional Airport which supports more than 850 jobs and sees more than 50,000 flights a year

LOCATED IN A DENSE RETAIL NODE

• Within a 1-mile radius of the site is more than 709K SF of retail space
• Nearby national retail tenants include: Dick’s Sporting Goods, Belk, Kohl’s, Five Below, Hobby Lobby, Burlington, HomeGoods, and more

NEW CONSTRUCTION

• The Building has recently been built to suit the tenant’s specifications
• Tenant has paid to add specific capital improvements to enhance operational performance