Trophy Location – Rare South Orange County NNN Retail Asset

• Recently Extended Lease – Over 10.5 Years Remaining in Primary Term

Two 5 Year Options

• Tenant Planned Store Renovation in 2023 – Showing Commitment to Location

~ New Roof with Warranty and New HVAC Units Included in Renovation

• Corporate Guarantee – La-Z-Boy Inc. (NYSE: LZB)

3% Annual Rental Increases Starting in Year 6 of the Primary Term

• Interstate 5 Frontage – Over 262,000 VPD – Freeway Expansion Underway

• Positioned on Marguerite Pkwy near Avery Parkway – Over 61,300 AADT