11 Years Remaining: The tenant, Captain D's LLC, recently exercised an early extension option, extending the lease for an additional 5 years, bringing the total lease term to 11 years. They also have two 10-year options remaining, demonstrating their commitment to the site. Corporate-Signed Guaranty: The lease includes 1.25% annual rental increases throughout both the initial term and option periods, which will grow NOI and hedge against inflation. Captain D's is the nation's leading fast-casual seafood restaurant. Annual rent rate June 2026: $121,419.00