• Leased to First Student, a nationally recognized leader in K–12 student transportation with more than 545 locations and $2.65 billion in 2024 revenue • The lease is backed by the corporate entity, offering strong credit quality and income stability for investors • Includes 5 (1-Year) lease renewal options with a 5% rent increase at the beginning of the first option, reinforcing long-term occupancy and predictable cash flow