QSR – Secure Net Lease

Chick-fil-A

2026 Construction, 5,000+/- SF Building on 1.76+/- Acre Site
Brand New 15-Year Absolute NNN Ground Lease w/ 10% Rental Increases Every 5 Years
Location at the Intersection of U.S. Highway 83 & N. Cesar Chavez Rd (20,000+ VPD)
Outparcel to 150,000 SF Power Center Anchored by Ross, Burlington, Boot Barn & Dd’s Discount
Excellent Interstate Access Near I-2 (78,000+ VPD) with Nearby Walmart, H-E-B & Whataburger
Chick-Fil-A Operates 3,100+ Restaurants Nationwide with $23.9 Billion in 2025 U.S. Sales
San Juan, TX | Fast-Growing City in the Rio Grande Valley | Population: 37,868

2024 Construction. 950+/- SF Building on 0.75+/- Acre Site
15-Year Absolute NNN Ground Lease with 10% Rental Increases Every 5 Years in Primary Term & Renewal Options, and (3) 5-Year Options
High-Traffic Location Along TX-199 (48,000 VPD), the Primary East–West Corridor Connecting Directly to Fort Worth
Established Retail Corridor Anchored by 183,918 SF Walmart Supercenter Employing 426 Individuals
2,900+ Employees and 7,200+ Students Within Two Miles of the Site – Azle ISD Enrolls 7,200+ Students Across 12 Campuses
Dutch Bros Generated $1.64B in Revenue in 2025 and Operates 800+ Locations Nationwide
Azle, TX | Located in Dallas–Fort Worth MSA Just Outside of Fort Worth | Fort Worth Population: 1,008,106+

2026 Construction. 5,399+/- SF Building on 1.35+/- Acre Site
New 15-Year Absolute NNN Ground Lease, with 10% Rent Increases Every 5 Years in Primary Term & During Option Periods
High-Traffic Location Along TX-199 (48,000 VPD), the Primary East–West Corridor Connecting Directly to Fort Worth
Established Retail Corridor Anchored by 183,918 SF Walmart Supercenter Employing 426 Individuals
2,900+ Employees and 7,200+ Students Within Two Miles of the Site – Azle ISD Enrolls 7,200+ Students Across 12 Campuses
Chick-fil-A Operates 3,100+ Restaurants Nationwide, with Industry-Leading ~$9.3M AUV and Ranked #1 in U.S. Customer Satisfaction for 11 Years
Azle, TX | Located in Dallas–Fort Worth MSA Just Outside of Fort Worth | Fort Worth Population: 1,008,106+

2015 Construction 3,010+/- SF Building On 0.37+/- Acre Site
20-Year Absolute NNN Ground Lease w/ 10% Rental Increases Every 5 Years
High-Traffic Location On FM 1960 Bypass With Over 46,500 VPD
Positioned Adjacent To Deerbrook Mall With National Co-Tenants Including Walmart Target And Home Depot
Major Institutional Demographic Base Anchored By The Texas Medical Center And Nearly 5 Million Harris County Workers
El Pollo Loco Is A Publicly Traded Nasdaq LOCO Operator With 499 System-Wide Locations
Humble TX | Located In The Houston-The Woodlands-Sugar Land MSA Nation’s 5th Most Populous Metro | MSA Population: 7.9 Million

2024 Construction. 512+/- SF Building on 0.49+/- Acre Site
15-Year Ground Lease with (4) 5-Year Options to Renew, and 10% Rental Increases Every 5 Years in Primary Term & Option Periods
Prime Commuter Corridor with Exceptional Visibility & Access – Along US-290 (57,000+ VPD), Approx.12 Mi. from Downtown Austin
Near Strong Demand Drivers – Downtown Austin (100,000+ Employees), UT Austin (52,000+ Students), Samsung, & AUS Airport
Explosive Population Growth & Affluent Demographics – Manor Population Up Nearly 80% Since 2020 w/ ~$84K Median Household Income
Dutch Bros Generated $1.64B in Revenue in 2025 and Operates 800+ Locations Nationwide
Austin, TX | One of America’s Fastest-Growing Economic Powerhouses | Population: 1,011,743+

2026 Construction. 3,629+/- SF Building on 1.55+/- Acre Site
Brand New 20-Year Absolute NNN Ground Lease with 10% Rental Increases Every 5 Years and (8) 5-Year Renewal Options
One of the Most Stable Net Lease Offerings in the Market – Extremely Low Rent on 1.55-Are Parcel w/ McDonald’s Credit
Unmatched Positioning – Located at a Signalized Corner and Entrance of Red Oak High School, Providing a Strong and Growing Customer Base
Strong & Growing Trade Area Demographics – Red Oak’s Pop. has Grown to ~21,632 residents, up 50% Since 2020 & Median HH Income of $104,561
Tenant Strength: McDonald’s USA, LLC, BBB S&P, is the World’s Most Valuable Restaurant Brand with $40.5B in 2025 Revenue
Red Oak, TX | Positioned in the Dallas-Fort Worth Metroplex – 4th Largest in U.S. | MSA Population: 8.7M+

2026 Construction ±510 SF Building On 0.62+/- Acre Site
Rare Fee Simple 7 Brew Opportunity in Texas | Brand New 15 Year Absolute NNN Lease
Excellent Signalized Hard Corner Location | Veterans Blvd & Braddie Dr See Over 34,000+ VPD
Premier Retail Corridor at Veterans Blvd | Adjacent to High Performing Walmart, Home Depot & Plaza Del Sol Mall
Strong Demand Drivers | San Felipe Del Rio CISD (9,900+ Students) | Val Verde Regional Medical Center (700+ Employees) | Sul Ross State University
7 Brew Is The Nation’s Fastest-Growing Drive-Thru Coffee Brand With 777+ Locations Across 34 States
Del Rio, TX | Strategic Border Community – 1.1M Annual Crossing Pedestrians | Binational Trade Area Population: 235,000+

2026 Construction | ±510 SF Building on ±0.48+/- Acre Site
Brand New 15-Year Absolute NNN Ground Lease w/ 10% Rental Increases Every 5 Years Plus (4), 5-Year Options to Renew
Prime Retail Corridor with Exceptional Visibility & Access Along E Business US-190 (30,000+ VPD), Copperas Cove’s Primary Commercial Corridor
Surrounded by Major National Retailers – Walmart, H-E-B Plus!, Raising Cane’s, Chick-fil-A, Panda Express, Smoothie King, McDonald’s, & Much More
Military-Anchored Market with Exceptional Employment Base – Minutes from Fort Hood, One of the Largest U.S. Army Installations (59k+ Direct Employees)
7 Brew Is the Fastest-Growing Drive-Thru Coffee Chain in the U.S. w/ 640+ Locations Across 38 States Backed by Blackstone Growth
Copperas Cove, TX | Strategic Central Texas Location – 65 Miles from Austin | Population: 41,000+

2026 Construction. 3,700+/- SF Building on 1.33+/- Acre Site; OPPORTUNITY ZONE
Brand New 20-Year Corporate Absolute NNN Ground Lease with 10% Rental Increases Every 5 Years and (8) 5-Year Renewal Options
Prime Location within Liberty Corners Retail Center – Direct Frontage on US-83, a Rapidly Growing Retail Corridor Shadow-Anchored by Walmart & Home Depot
Directly Adjacent to Future Penitas Crossing – 58-AC Master-Planned Retail Center w/ Burlington, Ross, Marshalls, Five Below, LongHorn, & Olive Garden
Penitas, TX is Rapidly Transforming into a Regional Retail Destination Fueled by Millions in Investment from Major National Retailers
Tenant Strength: McDonald’s USA, LLC, BBB S&P, is the World’s Most Valuable Restaurant Brand with $40.5B in 2025 Revenue
Penitas, TX | Part of McAllen-Edinburg-Mission MSA: Emerging as a Powerhouse in Cross-Border Commerce | MSA Population: 1M+

1998 Construction. 2,684+/- SF Building On 0.76+/- Acre Site
Recently Exercised Option to Extend Absolute NNN Lease through 2031 & 1 Remaining 5-Year Option Following w/ 8% Rent Increase
28+ Years of Continuous Occupancy & Supporting 268k+ Annual Visitors Ranking Top 6.5% of Jack in the Box Locations Nationally
Prime Location on Signalized Hard Corner Along Pearland’s Primary Retail Thoroughfare (34k+ VPD) & 5-Mile Pop. of 164k+ People
Pearland Experiencing Rapid Growth Highlighted by $160M Expansion of Broadway Street from Four to Six Lanes & Much More
Investment-Grade Corporate Guarantee by Jack in the Box Inc. (NASDAQ: JACK) – 2,130+ Locations Nationwide
Pearland, TX | Houston Ranks Among Top U.S. Metros for Job and Population Growth | Pearland Population: 139,900+