• All of the tenants are on new, 10-year leases with 2 (5-Year) options to extend • All of the leases feature 10% rental increases every 5 years throughout the initial term and at the beginning of each option • The subject property is part of the new development “Cactus | 303”, which will feature several national tenants including In-N-Out, QuikTrip, Take 5, Discount Tire, Slim Chickens, Quick Quack Car Wash, and more • Surprise, Arizona is one of the fastest growing communities in the entire country • The property is in the center of a primary retail corridor with other nearby national/credit tenants including a Costco Wholesale, Walmart Supercenter, Home Depot, Kohl’s, TJ Maxx, and more