INVESTMENT HIGHLIGHTS

ADVANCE AUTO PARTS CORPORATE LEASE:

• Approximately 7.33 Years Remaining in the Initial 15 Year Lease Term
• 2017 Build-to-Suit Construction
• 7,000 SF Building - 1.12 Acre Parcel
• Three (3) - Five (5) Year Option Periods with Rental Increases

NNN LEASE:

• Tenant is Responsible for Repair/Replacement of Roof, Parking Lot and HVAC
• Landlord Responsibilities Limited to Slab & Structure

HIGHLY QUALITY CONSTRUCTION:

• Four Sided Concrete Masonry with Brick and Stone

KIRTLAND AIR FORCE BASE (1941):

• Located 1.5 Miles from the Subject Property
• Third Largest Installation in the Air Force Material Command
• Occupies 51,558 Acres
• Employs Over 23,000 People
• Local Economic Impact of $4.88 Billion

PROXIMITY FROM ALBUQUERQUE, NEW MEXICO:

• Santa Fe, NM | 67 Miles
• Taos, NM | 137 Miles
• Farmington, NM | 186 Miles
• Roswell, NM | 193 Miles
• Alamogordo, NM | 203 Miles
• Las Cruces, NM | 230 Miles
• Amarillo, TX | 281 Miles

TRADE AREA DEMOGRAPHICS:

• 1-Mile: 14,915 Residents | $87,058 Average Household Income
• 3-Mile: 118,665 Residents | $79,671 Average Household Income
• 5-Mile: 224,262 Residents | $92,138 Average Household Income
• 7-Mile: 318,304 Residents | $95,554 Average Household Income

TENANT:

• Advance Auto Parts (NYSE: "AAP")
• Moody's: Baa2 | S&P: BB+
• Advance Auto Parts Reported FY 2023 Revenues in Excess of $11.3 Billion
• Ranked #358 on the Fortune 500 List
• 4,776 Stores in 48 States as of July 13, 2024