QSR – Page 2 – Secure Net Lease

Popeyes Chicken

2024 Construction. 2,297+/- SF Building on 0.576+/- Acre Site
Brand New 20-Year Ground Lease with 10% Rental Increases Every 5 Years, In Primary Term & (4), 5-Year Options to Renew
Located on Arizona Highway 90 (23,832+ VPD), the Main Road Running Through the City
Prominent Retail Location – Down the Street from The Mall at Sierra Vista (400,000+ SF) & Surrounded by Many High-Traffic Retailers
5 Miles from Fort Huachuca, Home to the U.S. Army Intelligence Center of Excellence
Popeyes Ranks As the World’s Second-Largest Quick-Service Chicken Brand with Over 4,178 Locations Worldwide
Sierra Vista | The Largest City in Southeastern Arizona | Population: 45,489+

2024 Construction. 510+/- SF Building on 0.27+/- Acre Site
15-Year Absolute NNN Ground Lease with 10% Rental Increases Every 5-Years , Plus (5) 5-Year Options to Renew
Located on North Loop 340 (22.929+ VPD), Directly off of Interstate 35 (112,449+ VPD)
3 Miles from Baylor University, a Private Christian University Located in Waco (20,626 students & 1,385 Staff)
High Performing & High Growth Retail Corridor w/ National Tenants – Surrounded by New Construction & Newly Renovated Properties
Unlike Most Coffee Chains, 7 Brew’s Unique Business Model Centers Solely on Drive-Thru Business and sees over $2.4M in Annual Revenue
Waco | Midpoint Between Dallas and Austin | Population: 136,800+

2023 Construction. 2,695+/- SF Building on 1.218+/- Acre Site
16-Year Absolute NNN Lease (Approx. 15 Years Remaining)
Four-Way Hard Corner at SC-24 and SC-187, Near Major Retailers Like AutoZone, Burger King, Subway, and Starbucks.
Excellent Demographics with 31K+ People Within 5 Miles and a 1.4%+ Projected Growth over the Next 5 Years.
Close to Clemson University (11 Miles, 22,875+ Students) and Anderson University (6 Miles, 4,115+ Students).
Founded in 1977, Bojangles Has Become a Popular Choice for Quick-Service Comfort Food, Particularly in the Southeastern U.S.
Anderson | Major Growth Zone Between Atlanta, GA, and Charlotte, NC | Population: 30,148+

2020 Construction. 2,200+/- SF Building on 0.82+/- Acre Site
10-Year Corporate Net Lease with 10% Rental Increases Every 5 Years
Excellent Highway Location – Located on the Access Road to Interstate 20 (21,800+VPD)
2 Miles from Mississippi’s Top Airport – 1.29M Passengers in 2023, Highest in 15 Years
Prime Retail Corridor – Near Walmart, Home Depot, Kroger, CVS, Walgreens, Chick-fil-A, McDonald’s, Big Lots, Dollar Tree, & More
Starbucks (S&P BBB+) is Largest Specialty Coffee Retailer in the World
Brandon | 8 Miles from Downtown Jackson | Population: 25,142+

2024 Construction. 3,286+/- SF Building on 1.01+/- Acre Site
Brand New, 2024 Construction, 15-Year Ground Lease with 10% Rental Increases Every 5 Years
New Prototype Building Featuring a Double Lane Drive-Thru, Shake Shack’s Newest Store Concept
Located on Town Center Drive (17,849+ VPD) & Oxnard Blvd (42,562+ VPD), Directly off of US-101 (124,938+ VPD)
Nearby Nationally Recognized Tenants Include Chick-fil-A, Panda Express, Walmart Neighborhood Market, Home Depot, & More
Shake Shack has Been One of the Fastest-Growing Food Chains in the US with over 552 Locations Globally
Oxnard | Ranked #2 Place in US to Retire and Buy a New Home | Population: 200,415+

2024 Construction. 2,349+/- SF Building on 0.66+/- Acre Site
Brand New 20 Year Ground Lease with 10% Rental Increases Every 5 Years, Plus (4) 5 Year Options to Renew
Located on W Higgins Road (22,066+ VPD), just South of 1-90 (149,975+ VPD),
Superb Demographics in Northwest Suburb of Chicago – 210,100+ Residents w/in 5 Miles w/ Avg. HH Income of $125,830+
Across the Street from Ascension Saint Alexius Medical Campus – 950+ Physicians, 1,800+ Employees, & 60+ Specialties
Popeyes is the World’s Second-Largest Quick-Service Chicken Brand, With Over 4,178 Locations Worldwide
Hoffman Estates | Located in the Chicago, IL MSA | MSA Population: 9.4M+

2006 Construction/2024 Renovation. 6,549+/- SF Building on 1.50+/- Acre Site
New 15-year Leases w/ Scheduled Rent Increases in Primary Terms – Corporate Chipotle Lease & Experienced Multi-Unit Whataburger Franchisee (15 Unit Operator)
Located on Central Avenue (32,067+ VPD), Across from Walmart Supercenter
Located in a Dense Retail Corridor w/ Strong Occupancy Rate – 100+ National Retailers in Immediate Area
Chipotle Mexican Grill, Inc. Is the Largest Fast-Casual Restaurant Chain in the U.S w/ $9.87 B in Revenue
Whataburger is One of the Fastest Growing QSR Chains in the U.S. – Seen System Sales Expand in Recent Years to $3.34 B
Hot Springs | One of the Top Small Places for Business & Careers in the US (Forbes) | Population: 37,994+

2025 Construction. 13,844+/- SF Building on 2.54+/- Acre Site
Fully Occupied, 6-Tenant Shopping Center
Occupied By: Chicken Salad Chick, Tropical Smoothie Cafe, Chipotle, Papa John’s, Sage Dental and Tin Drum
Located on Corner of Georgia Highway 211 (29,431+ VPD) & Liberty Church Road (12,050+ VPD), Just North of Interstate 85 (79,480+ VPD)
Across the Street from Arcadia 347 – New Commercial District Spanning Across 108 Acres
Across the Street from The Château Élan Golf Club & Sports Club – 2 18-Hold Courses, a Par # Course, 12,000 SF Club, & More
Braselton | 40 Miles Northeast of Atlanta | Atlanta MSA Population: 6.19M+

2025 Construction. 2,540+/- SF Building on 0.98+/- Acre Site
10-Year NN Lease with 10% Rental Increases Every 5 Years
Hard Signalized Corner Location at Intersection of N 9th St./Rt. 66 (17,000+ VPD) & Crestview Dr, Directly off Interstate 44 (52,000+ VPD)
Nearby Retailers: Target, Rally House, Olive Garden, Chick-fil-A, Walgreens, Sprouts, ULTA, Cinemark, Lowe’s, & More
Sapulpa is a Vibrant and Growing Community Within the Tulsa Metropolitan Area
Starbucks (S&P BBB+) is Largest Specialty Coffee Retailer in the World
Sapulpa | 10 Miles from Tulsa, OK | Tulsa MSA Population: 1.03M+

2020 Construction. 828+/- SF Building on 0.482+/- Acre Site
New 15-Year Absolute NNN Lease with 10% Rent Increases Every 5 Years
Excellent Location at Signalized Intersection of East 22nd Street and South Wilmot Road (72,000+ VPD)
Surrounded by National Tenants: Walmart Neighborhood Market, Wendy’s, Taco Bell, Papa Johns, Whataburger, AutoZone, & Many Others.
Less than 3.5 Miles From Davis-Monthan Airforce Base – Services Over 6,000 Airmen & 1,700 Civilian Personnel
Corporate Guaranty with High Growth Oriented Business – Black Rock is Ranked One of America’s Fastest Growing Private Companies
Tucson | Second Largest City in Arizona | Population: 546,574+