» 10 YEAR ABSOLUTE NET LEASE | ZERO LANDLORD RESPONSIBILITIES
Absolute Net Basis; Tenant (Valvoline LLC, Guaranteed By Valvoline Inc.) Pays All Expenses — No Landlord Obligation For Maintenance, Roof, Or Structural Elements

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» GENEROUS RENTAL ESCALATIONS | 10% EVERY 5 YEARS + THREE 5‑YEAR OPTIONS
10% Every Five Years; Lease Expires August 2035 With Three 5-Year Options Thereafter Providing Opportunity For Long Term Upside

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» RECENT CONSTRUCTION | MODERN FACILITY ON HIGH VISIBILITY SITE
Approximately 2,077 SF On 0.98 Acres, With Valvoline’s Standard Build Out And Branding

» SUPERB DEMOGRAPHICS & AFFLUENT TRADE AREA
Average Household Income of $153,295 within a 1-Mile Radius; Population of 134,826 within 5 Miles

» PRIME LOCATION IN CARMEL / INDIANAPOLIS MSA
Carmel Is One Of The Most Desirable Suburbs In Hamilton County; Part Of The Indianapolis-Carmel-Greenwood MSA With Population Over 2.1 Million; High Growth Area With Strong Employment Base And Corporate Presence

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» IDEAL LEASE GUARANTY & TENANT CREDIT
Lease Guaranteed By Valvoline Inc.; Tenant Is Well-Known In The Automotive Services Space With A Large Store Network And Stable Business Model (Oil Changes Etc.)