- CORPORATELY GUARANTEED LEASE WITH 7-ELEVEN, INC. | INVESTMENT GRADE CREDIT (S&P: A-) | 7-ELEVEN IS THE LARGEST C-STORE RETAIL CHAIN IN THE WORLD | 77,000+ STORES WORLDWIDE / 13,000+ LOCATIONS IN NORTH AMERICA - LONG-TERM COMMITMENT | 10.4 YEARS OF PRIMARY TERM REMAINING | 10.00% RENTAL INCREASES EVERY 5 YEARS DURING THE BASE TERM | 7.50% RENTAL INCREASES DURING EACH OF THE FIRST 3 (5-YEAR) OPTIONS | FMV IN OPTIONS 4 & 5 | EXTREMELY PASSIVE ABSOLUTE NNN LEASE | FEE SIMPLE LEASE, ALLOWING FOR ACCELERATED DEPRECIATION - LOCATED AT THE NE 145TH ST/JUANITA WOODINVILLE WAY NE INTERSECTION (31,267 VPD) | LOCATED 1.8 MILES SOUTH OF DOWNTOWN BOTHELL, 4 MILES NORTH OF KIRKLAND, AND 8 MILES NORTH OF DOWNTOWN BELLEVUE | 11.1 MILES NORTHEAST OF DOWNTOWN SEATTLE - SEATTLE MSA LOCATION | AFFLUENT & LARGE DEMOGRAPHICS | CLOSE PROXIMITY TO MAJOR EMPLOYERS, HOUSING & ENTERTAINMENT COMPLEXES