• 100% occupied multi-tenant strip center with internet resistant tenant mix of food and medical users
• Black Bear Diner (10-yrs remaining) – operates +170 locations across 14 states
• Einstein Bros Bagels (New 10-yr Lease) – operates +700 locations across 45 states
• Pizza with a Twist (New 10-yr Lease) – operates +81 locations across 10 states with +35 in California
• Apple Urgent Care (5.5-yrs remaining with 3% annual increases)
• Amani Dental (5-years remaining with ~2.5% annual increases)
• Bwell Pharmacy (3-years remaining with 3% annual increases)
• 8.3-year weighted average lease term (WALT), provides long term security
• Strong NOI growth with scheduled increases for all tenants
• 2.50% 10-Year CAGR (Compound Annual Growth Rate)
• 28% NOI growth over 10-Years
• NNN Leases; reducing the risk of expense leakage for a future investor