Investment Summary: U.S. Foods CHEF’STORE – Walla Walla, WA Building Size: 20,036 SF (100% occupied) Land Area: 65,132 SF (±1.5 acres) Year Built: 2020 (BTS construction by Barclay Group) Address: 1002 W Rose St, Walla Walla, WA 99362 Lease Type: Triple-Net (NNN) – highly passive for landlord Lease Highlights Primary term: October 16, 2020 – October 31, 2035 (15 years) Options: Three (3) 5-year + one (1) 4-year extension Contractual 10% rent increases every five years Tenant US Foods Holding Corp. (NYSE: USFD) operates the CHEF’STORE cash-and-carry concept (one of 90+ locations nationwide). The company is a Fortune 500 foodservice distributor with $37.88 billion in total revenue (as of 12/31/24), ~30,000 employees, and partnerships with over 250,000 restaurants and food operators across the U.S. Property & Location Highlights Modern 2020-built grocery wholesale/retail building on Walla Walla’s primary commercial corridor (West Rose Street). Strong traffic drivers: historic downtown, Whitman College, Providence St. Mary Medical Center, and the Walla Walla Valley’s wine tourism (158+ wineries, ~750,000 annual visitors, ~$250–260 million economic impact). Nearly 7% year-over-year increase in visitor traffic to the property (Placer.ai data). Submarket retail vacancy: 3.6%. Abundant parking (~66 spaces / 3.3 per 1,000 SF). Key Investment Merits Recession-resistant essential retail tenant (foodservice/grocery). Built-in rent growth and passive NNN structure. Newer construction with minimal near-term capital requirements. Diversified demand from healthcare, higher education, agriculture, and year-round tourism. This is a single-tenant, institutional-quality retail investment in an established Eastern Washington market with strong demographic tailwinds and contractual cash-flow growth.