New Long Term 10 Yr Extension – Absolute NNN Corp. Ground Lease by BB&T
(NYSE: TFC) plus Options
• Premiere Outparcel PAD Location to Richland Marketplace – Target/BJ’s Club/
Best Buy Power Center
• Investment Grade (S&P A-/ Moody’s A3) – 7th Largest Commercial Bank in U.S.
Market Cap $80B+
• 10% Rent Bumps every 5 Yrs. /All Options – Zero LL Duties – 3 Drive-thru Lanes
Services Large MSA
• Affluent Suburb of Philadelphia – 2nd Largest City on East Coast – 6th Largest City in U.S. ($102,067 HHI)
• Excellent High Yield Opportunity for Strong Credit Tenant – Best in Class
Anchor Traffic Generators
• Strong Deposit Base over $75M – Ranked #98 Forbes Global 2000 List/ #119 Fortune 500 List in 2021
• Ranked in Top 15 Best National Banks in America (2021)
Strong Northeast Brand- Proven Location!