5080 Tamlin Road, Colorado Springs, CO 80938

1. Established Income-Producing Storage Asset

• Approximately 121,860 rentable square feet

• 347 rentable units consisting of RV, boat, vehicle, and drive-up storage

• Approximately 80% physical occupancy based on rentable inventory

• 278 occupied units generating immediate in-place cash flow

• Opportunity to increase occupancy and rental rates while benefiting from continued population growth

and HOA-related RV parking restrictions

2. Strategic Location

• Positioned along the Marksheffel Corridor, one of the fastest-growing areas in Colorado Springs

• Close proximity to Powers Boulevard retail corridor and major amenities

• Supported by growth from Banning Lewis Ranch (~60,000 homes at build-out)

3. Zoning & Development Flexibility

• Zoned CS (Commercial Service) in El Paso County

• Allows retail, office, recreational, and service-oriented commercial uses

• Surrounded by RR-5 and City R-1-6 / R-5 zoning, supporting density

• Potential for annexation into the City of Colorado Springs

4. Accelerated Depreciation Opportunity

• Completed cost segregation study allocated approximately 89.8% of the acquisition basis to assets

with recovery periods of 15 years or less.

• Potential for significant accelerated depreciation benefits and enhanced after-tax returns.

• Attractive tax-efficient ownership profile in addition to current cash flow and future development upside

5. Infrastructure Momentum

• Marksheffel Road designated as a Principal Arterial with planned widening

• Traffic Impact Study confirms strong access (LOS A)

• Planned water and sewer expansion by Colorado Springs Utilities by 2026

• Utilities located approximately 1,000 feet from the site

6. Covered Land Investment with Expansion Upside

• Immediate income-producing RV and boat storage facility

• Approximately 121,860 rentable square feet

• 46 new spaces added in 2024

• Multiple value creation strategies through lease-up, expansion, or redevelopment

7. Expansion Opportunity

• Approximately ±4.4 acres of excess land available

• Suitable for expansion of existing use or alternative development

• Supports phased development and additional value creation

8. Multiple Exit Strategies

• Continue storage operations for stable income

• Expand or reposition to service-oriented commercial or flex uses

• Redevelop into higher-density uses upon annexation