INVESTMENT HIGHLIGHTS

ADVANCE AUTO PARTS CORPORATE GUARANTEED LEASE:

• 6.5 Years Remaining in the Current Term
• Tenant Recently Extended Their Lease for an Additional 5 Years
• Two (2) - Five (5) Year Options
• Long Term Operating History - 18+ Years
• NN Lease - Landlord is Responsible for Roof, Structure, and Parking Lot

EXXON REFINERY EXPANSION (9.5 MILES FROM SUBJECT):

• In 2019, Exxon Mobil Approved an Expansion at its Refinery in Beaumont that Could Make it the Largest in the Country
• Construction on a Third Crude Distillation Unit at the Refinery Began in January of 2019
• The Refinery Currently Processes 366,000 Barrels of Crude Oil Per Day and Produces 2.8 Billion Gallons of Gasoline a Year
• The New Unit Would Bring That to Around 616,000 Barrels Per Day, Likely Ranking Exxon's Refinery Ahead of Motiva Enterprises' Refinery in Port Arthur Texas (Currently the Largest Nationwide)
• The Expansion Project is Expected to Create Up to 1,850 Jobs During Construction and Between 40 and 60 Permanent Jobs Once the Unit is Completed (Estimated Completion Date = 2022)
• Exxon Mobil Plans to Spend About $1.3 Billion for the Current Refinery Expansion Underway

PROXIMITY TO OTHER MAJOR CITIES:

• Lake Charles, Louisiana | 63 Miles - 1 Hour: 6 Minute Drive
• Houston, Texas | 93 Miles - 1 Hour: 24 Minute Drive
• College Station, Texas | 186 Miles - 2 Hour: 50 Minute Drive
• Austin, Texas | 257 Miles - 3 Hour: 52 Minute Drive
• San Antonio, Texas | 288 Miles - 4 Hour: 17 Minute Drive

TRADE AREA DEMOGRAPHICS:

• 1-Mile = 10,120 Residents; $70,012 Average Household Income
• 3-Mile = 45,553 Residents; $83,561 Average Household Income
• 5-Mile = 66,515 Residents; $79,947 Average Household Income

TENANT:

• Advance Auto Parts (NYSE: AAP)
• Features Strong Investment Grade Credit (BBB) by Standard & Poor's
• 4,877 Stores Located in 49 States as of December 28, 2019
• Ranked #317 on the Fortune 500 List