Investment Highlights

NEW 10-YEAR MODIFIED NNN LEASE WITH A STRONG CORPORATE GUARANTY
» New 10-year modified NNN lease with a corporate guaranty
» 2022 retrofit with 10% rental increases in initial term and option periods
» Brand new location owned and operated by parent company, Schwazze (OTCQX: SHWZ) (NEO: SHWZ) doing business as R. Greenleaf
» Schwazze, Inc. owns and operates 32+ retail locations in New Mexico and Colorado
» Many high-level management members within Schwazze were formerly key executives at Albertsons grocery company
» Revenues of $43.2 million increased 36% compared to $31.8 million quarter ended September 30, 2021 (“Q3 2021”)
» Retail sales were $39.8 million up 92% to $20.7 million when compared to Q3 2021
» As of April 1, 2021, recreational cannabis is legal in New Mexico

STRATEGIC HARD-CORNER LOCATION AT SIGNALIZED INTERSECTION
» Hard-corner location on North White Sands Boulevard and West 1st Street signalized intersection, with excellent visibility and access to a combined 29,685 vehicles per day
» Convenient location near large apartment complexes including Las Ventanas Luxury Apartments (285 units), Capri Manor Apartments (98 units), and Hunter’s Ridge Apartments (88 units)
» 34,456 residents within a five-mile radius of the property
» Average annual household income of $62,581 within five miles (projected 12% increase by 2027)

CENTRALLY LOCATED NEAR MAJOR TRAFFIC DRIVERS
» Near notable retailers such as Walmart Supercenter, McDonald’s, Wendy’s, Arby’s, Pizza Hut, T-Mobile, AutoZone Auto Parts, Enterprise Rent-A-Car, Staples, and more
» Minutes from New Mexico State University Alamogordo (1,537 students) and Gerald Champion Regional Medical Center (99 beds)
» 15 miles from White Sands National Park (over 600,000 visitors annually)
» 10.6 miles from Holloman Air Force Base (approx. 21,000 active duty, guard, reserve, retirees, DoD civilians, and their family members), the largest employer in Otero County
» Five miles from Alamogordo-White Sands Regional Airport, 76 miles from Las Cruces International Airport (LRU), and 87 miles from El Paso International Airport (ELP)

Property Description

» The property is strategically located on the hard-corner and signalized intersection of North White Sands Boulevard and West 1st Street, with excellent visibility and access to 29,685 vehicles per day
» The site is near notable retailers such as Walmart Supercenter, McDonald’s, Wendy’s, Arby’s, Pizza Hut, T-Mobile, AutoZone Auto Parts, Enterprise Rent-A-Car, Staples, and many others
» 34,456 residents live within a five-mile radius of the property, with an average annual household income of $62,581 (projected to increase 12 percent by 2027)
» The property is conveniently located near large apartment complexes, including Hunter’s Ridge Apartments (88 units), Las Ventanas Luxury Apartments (285 units), and Capri Manor Apartments (98 units)
» The site is situated just minutes from New Mexico State University Alamogordo (1,537 students), and Gerald Champion Regional Medical Center (99 beds)
» The site is located 10.6 miles from Holloman Air Force Base (approx. 21,000 active duty, guard, reserve, retirees, DoD civilians and, their family members) and 15 miles from White Sands National Park, a popular tourist destination with over 600,000 annual visitors
» The location is five miles from Alamogordo-White Sands Regional Airport, 76 miles from Las Cruces International Airport (LRU), and 87 miles from El Paso International Airport (ELP)