Classic Collision

Corporate Tenant – Classic Collision, full corporate guarantee, one of the largest privately held collision repair operators (350+ locations) in the U.S., backed by New Mountain Capital

~8 Years Remaining on Initial Term – Lease commenced October 2023, Double Net structure, three five-year renewal options extending occupancy through 2048

Built-In Rent Growth – 10% escalations every 5 years with limited landlord responsibility

Growing Carolina Corridor Market – Burlington MSA, 1.53% annual population growth, positioned between the Piedmont Triad (1.7M) and the Research Triangle at the I-40/I-85 interchange

Strategic Location – Adjacent to Alamance Regional Medical Center (238-bed hospital), one exit off I-40/I-85, along South Church St corridor carrying ~26,000 vehicles/day, near LabCorp global HQ

Recession-Resistant Asset Class – Collision repair demand is accident-driven and insurance-reimbursed, insulating the sector from e-commerce disruption and consumer spending cycles