INVESTMENT HIGHLIGHTS

ADVANCE AUTO PARTS CORPORATE GUARANTEED LEASE:

• Approximately 10 Years Remaining in the Current Term
• Tenant Recently Extended Their Lease for an Additional 10 Years, Reflecting Their Strong Commitment to this Location
• Three (3) - Five (5) Year Options at 10% Rent Increases
• High Quality Construction - Steel Framed with Concrete Block

NNN LEASE | MINIMAL LANDLORD RESPONSIBILITIES:

• Tenant Responsible for Roof and Parking Lot
• Landlord Responsibilities Limited to HVAC, Slab & Structure
• Ideal, Management-Free Investment for an Out-of-State, Passive Investor

CANNON AIR FORCE BASE:

• Located 9 Miles from the Subject Property
• Home of the 27th Special Operations Wing
• The Base Itself Sits on 3,789 Acres of Land
• The Melrose Air Force Range Training Area, Located Approximately 25 Miles West of the Base, is Approximately 70,000 Acres

PROXIMITY TO OTHER MAJOR CITIES:

• Lubbock, Texas | 100 Miles - 1 Hour: 42 Minute Drive
• Amarillo, Texas | 106 Miles - 1 Hour: 47 Minute Drive
• Odessa, Texas | 203 Miles - 3 Hour: 25 Minute Drive
• Albuquerque, New Mexico | 222 Miles - 3 Hour: 27 Minute Drive

TENANT:

• Advance Auto Parts (NYSE: AAP)
• Strong Investment Grade Credit (BBB) by Standard & Poor's
• 4,843 Stores Located in 49 States as of April 18, 2020
• Ranked #326 on the Fortune 500 List