Single-Tenant – Page 12 – 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+

2023 Construction. 1,430+/- SF Building on 0.58+/- Acre Site
Brand New 15-Year Absolute NNN Ground Lease with 10% Rental Increases Every 5 Years, Plus (4), 5-Year Options to Renew
Superb Traffic Counts & Visibility on Westgate Dr & BUS 83 (45,500+ Combined VPD), Just off Interstate 2 (24,500+ VPD)
Directly Across the Street from Extremely High Performing H-E-B
Exceptional Demographics – The Avg. HH Income in the 1-, 3-, and 5-mile Radius is All Over $160,000
Take 5 has 1,000+ Locations & $1.5B in Revenue and has been Awarded the #1 Spot in Customer Satisfaction for Aftermarket Quick Oil Changes Two Years in a Row
Weslaco | The McAllen-Edinburg-Mission MSA is the 5th Largest in Texas | Weslaco Population: 43,864+

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+

2024 Construction. 12,687+/- SF Building on 1.451+/- Acre Site
15-Year Corporate NNN Lease, Plus (5), 5-Year Options to Extend & 5% Rental Increases Every 5 Years
High-Visibility Location on BUS 287J with Strong Traffic Counts
1.5 Miles from Wichita Valley Airport
7 Miles from Sheppard Air Force Base – Largest Training Base with Over 6,400 Employees & $3.5B of Economic Impact
E-Commerce Resistant Retailer Experiencing Explosive Growth – 20,000+ Stores with 800 More Planned to Open
Iowa Park | Midway Between Oklahoma City & Dallas/Fort Worth Metroplex | Wichita Falls Population: 102,761+

2023 Construction. 3,700+/- SF Building on 1.57+/- Acre Site
15 Year Absolute NNN Ground Lease with 8% Rental Increases Every 5 Years, Plus (8) 5 Year Options to Renew
Large Format Store on Oversized Parcel – 1.57 Acres w/ 14 Fueling Positions & C-Store Building w/ Approx. 3,700 SF
Located on the Signalized Intersection of Two Major Streets: Eagle Ranch Road (17,200+ VPD) & Irving Boulevard (19,100+ VPD)
Feeds Directly into Cottonwood Mall, Less than a Mile Away, which is the Second Largest Mall in the State of New Mexico (1,041,680 SF)
Circle K has a Investment Grade Credit Rating of BBB+ – With Over 15,000 Locations and $7.8 Billion in Revenue
Albuquerque | New Mexico’s Largest City | Population: 561,008+

2025 Construction. 3,286+/- SF Building on 1.01+/- Acre Site
Brand New, 2025 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+

2023 Construction. 6,793+/- SF Building on 1.44+/- Acre Site
Rare 15-Year NNN Lease with 7.5% Rent Increases Every 5 Years
High Traffic & Affluent Area: U.S. Highway 90 & Avenue E (62,000+ VPD), 5-Mile Radius with 353k+ Residents and $102K+ Avg. Income
Texas’ Fortune 500 Hub: Houston Leads Texas with 24 of 53 Fortune 500 HQs and Secured 255 New Projects in 2022 (3rd in U.S.)
Prime Location: Less than a Mile from Houston Community College, Near Top Tenants Like Chipotle, Starbucks, McDonald’s, and More
7-Eleven (S&P Rated A) is the Largest Chain Store Operator in the World with Over 85,000 Stores
Houston | Most Populous City in Texas | MSA Population: 7.14M

2021 Construction. 3,010+/- SF Building on 0.79+/- Acre Site
15-Years with 11+ Remaining, NNN 7.5% Rental Increases Every 5-Years
Signalized Corner Location Less than 1 Mile from Downtown Palatine & Less than 10 Miles from O’Hare International Airport
Intersection Features a Combined 42,200+ VPD
Easy Access to Major Roads Such as Route 53, Interstate 90 (I-90), and Interstate 290 (I-290)
7-Eleven (S&P Rated A) is the Largest Chain Store Operator in the World with Over 85,000 Stores
Palatine | 30 Miles from Downtown Chicago, IL | Population: 67,223+ (MSA Population: 9.57M+)

2021 Construction. 3,062+/- SF Building on 0.54+/- Acre Site
Brand New Build-to-Suit, 15-Year NNN Lease, with 7.5% Rental Increases Every 5-Years
Strategically Located Just Off I-355 (38,200+ VPD), a Primary North/South Interstate w/ 32 Miles of Direct Access to Chicago’s Suburbs
Near UPS Addison, IL Hub (300,000+ SF) & Several Million SF of Industrial/Retail Businesses
Immediate Trade Area Features 275,000+ Estimated Population
7-Eleven (S&P Rated A) is the Largest Chain Store Operator in the World with Over 85,000 Stores
Addison | 20 Miles from Downtown Chicago, IL | Population: 36,724+ (MSA Population: 9.4M+)