Bank of America | Coastal NC 109 Smith Ave 4,650 SF Retail Building Shallotte, NC 28470 $3,954,562 CAD ($850.44 CAD/SF)

• 15-year absolute NNN ground lease (zero LL responsibility) commencing August 2026 providing passive ownership and stable long-term cash flow
• Below market rent and 10% bumps every 5 years throughout initial term and 4 option periods providing attractive NOI growth and an inflation hedge
• Investment grade credit tenant (Moody’s: Aa2 / S&P: A+ / Fitch: AA)with the same corporate guaranty that’s on every retail branch lease
• Bank of America (NYSE: BAC) is one of the world’s largest financial institutions with approx. 70 million clients, 3,600 retail financial centers, and 15,000 ATMs
• Outparcel to Coastal Walk Marketplace, a 176,000 SF class-A regional center anchored by Hobby Lobby, Marshalls, Ross, Bealls, PetSmart, Five Below, and ULTA
• Main commercial corridor location positioned at the center of the trade area and corner of the high-profile intersection of Main Street (27,000 VPD) and Smith Avenue
• Popular coastal market in Brunswick County, the fastest-growing county in North Carolina with a 26% annualized growth rate in 2025
• 5-year projected population growth of 14% and median household income growth of 15.5% within a 15-minute drive of the property
• Strategic regional location 36 miles southwest of Wilmington and 39 miles northeast of Myrtle Beach SC along one of the Southeast’s primary coastal corridors (US 17).