QSR – Page 12 – Secure Net Lease

Whataburger

2023 Construction. 3,751+/- SF Building on 1.00+/- Acre Site
New 15 Yr Absolute NNN Ground Lease w/ 10% Rental Increases Every 5 Years
Excellent High-Traffic Location Along Sherwood Way (31K VPD), the City’s Primary Retail Corridor
Located in the Shops at Sherwood, a Brand New 35+ Acre Shopping, Dining, and Entertainment Center
Subject Property is Located Near Walmart, Sam’s Club, Lowe’s, Kohl’s, and H-E-B
Strong Income Demo’s w/ an est. $81,850 Within a 3 Mile Radius of the Site
Whataburger is One of the Fastest Growing QSR Chains in the U.S.
San Angelo | Home to Angelo State University | Population: 100,500+

2022 Construction. 3,280+/- SF Building on 1.206+/- Acre Site
New 15 Yr Corporate Ground Lease w/ Zero Landlord Responsibility & (5) 5 Yr Renewal Options
Subject property Features a Triple Lane Drive-Thru to Increase Operational Throughput
High-Traffic Location off of Spencer Highway (31K VPD), Adjacent to San Jacinto College (23K Students)
Subject Property is Located Near H-E-B, Walmart Supercenter, Dollar General, Kroger, Starbucks, etc.
Strong Income Demo’s w/ an est. $96,858 Within a 3 Mile Radius of the Site
Raising Cane’s is One of the Fastest Growing QSR Chains in the U.S.
Deer Park | Located in the Houston MSA | Population: 34,000+

2022 Construction. 3,198+/- SF Building on 1.053+/- Acre Site
New 15 Yr Corporate Ground Lease w/ Zero Landlord Responsibility & (5) 5 Yr Renewal Options
High-Traffic Location Just off of President George Bush Turnpike (125K VPD) on Old Denton Rd (24K VPD)
Subject Property is Located in a Shopping Center Anchored by a Walmart Supercenter & Lowe’s
Strong Income Demo’s w/ an est. $110,512 Within a 1 Mile Radius of the Site
Raising Cane’s is One of the Fastest Growing QSR Chains in the U.S.
Carrollton | Part of the DFW Metroplex | Population: 137,000+

2,373+/- SF Building on 0.78+/- Acre Site. Property Includes a Drive-Thru
New Sale Lease-Back with Stine Enterprises (Operates 86 Jack in the Box & 14 Denny’s)
20 Yr Absolute NNN Lease w/ 8% Rental Increases Every 5 Years, Including Options
Strategically Located Along McDowell Road (31,900 VPD) Near N Miller Rd (10,400 VPD)
Located Within Walking Distance to Eldorado Park and is Near SkyHarbor International Airport
Subject Property is Situated Just 10 Miles from Downtown Phoenix
Scottsdale | Part of the Phoenix MSA | Population: 254,000+

2022 Construction. 3,181+/- SF Building on 1.37+/- Acre Site
New 15 Yr Corporate Ground Lease w/ Zero Landlord Responsibility & (5) 5 Yr Renewal Options
High-Traffic Location at the Intersection of SE Loop 323 & FM 31 (51K Combined VPD)
Subject Property is Directly Across the Street from the Walmart Supercenter and Next to Starbucks
Brand New Construction Site Featuring a Dual-Lane Drive-Thru to Increase Operational Throughput
Raising Cane’s is One of the Fastest Growing QSR Chains in the U.S.
Tyler | Exactly Halfway Between Dallas, TX & Shreveport, LA | Population: 103,000+

2022 Construction. 2,103+/- SF Building on 0.657+/- Acre Site
New Construction 10 Year Corporate Net Lease Site w/ 10% Rental Increases Every 5 Years
High-Traffic Location off of North Velasco Street (32K VPD) Near State Hwy 288
Near Walmart Supercenter, O’Reilly Auto Parts, Kroger, Tractor Supply Co., etc.
Strong Income Demographics w/ est. $96,353 within a 1-Mile Radius
Starbucks (S&P BBB+) is Largest Specialty Coffee Retailer in the World
Angleton | Part of the Houston-Woodlands-Sugar Land MSA | Population: 19,000+

2021 Construction. 3,280+/- SF Building on 0.57+/- Acre Site
Brand New 15 Year Ground Lease w/ 10% Rental Increases Every 5 Years
Subject Property is a New Prototype Building with a Drive-Thru
Excellent Location at the Corner of Old Milton Parkway (49K VPD) and Haynes Bridge Rd (15K VPD)
Located Within Walking Distance to Avalon Development (Retail, Theater, Hotel, Conference Center, Luxury Homes)
Strong Income Demos w/ $126,404 within a 1-Mile Radius of Subject Property
Shake Shake is one of the Fastest Growing Food Chains in the US and is Publicly Traded
Alpharetta | Known as the “Technology City of the South” | Population: 65,000+

2022 Construction. 2,225+/- SF Building on 0.964+/- Acre Site
New Construction 20 Year Ground Lease Site w/ 8% Rental Increases Every 5 Years
High-Traffic Location at the Intersection of I-44 (44K VPD) & Hwy 277 (17K VPD)
Near Walmart Supercenter, Shoe Dept., Aldi, Aaron’s, Hibbett Sports, Maurices, etc.
Strong Income Demographics w/ est. $79,892 within a 1-Mile Radius
Starbucks (S&P BBB+) is Largest Specialty Coffee Retailer in the World
Chickasha | Home to The University of Science and Arts of Oklahoma | Population: 16,000+

2019 Renovation. 2,373+/- SF Building on 0.78+/- Acre Site
New Sale Lease-Back with Stine Enterprises (Operates 86 Jack in the Box & 14 Denny’s)
20 Yr Absolute NNN Lease w/ 8% Rental Increases Every 5 Years, Including Options
Strategically Located Along N. 59th Ave (32K VPD) in a Dense Retail Corridor
Top Performing Site w/ TTM Sales Over $3.5M and Recently had a Full Remodel
Near O’Reilly Auto Parts, Subway, Goodwill, Family Dollar, Chase Bank, etc.
Glendale | Part of the Phoenix MSA | Phoenix Population: 1.72 Million

2022 Construction. 2,325+/- SF Building on 0.932+/- Acre Site
Brand New 15 Yr Absolute NNN Corporate Lease w/ 10% Rental Increases Every 5 Years
Excellent Highway Location off of Fort Worth Hwy (21K VD) Near I-20 (195K VPD)
Located in Dense Retail Corridor with Anchor Tenants Walmart, H-E-B and Walgreens
Large Developments Coming to the Area including Greystar Mixed Use Development (14.4 Acres)
Chipotle has Seen a 29% Increase in Revenue & 174.1% Increase in Online Sales in 2022
Hudson Oaks | 25 Miles from Downtown Fort Worth | Population: 3,500+