• The tenant has operated at this location for 11+ years and has 8+ years remaining on their lease with 3 (5-year) options to extend • The tenant renewed their lease in May 2024 for an additional 10 years, showing commitment and success at this location • The lease features 10% rental increases every 5 years throughout the initial term and during each option to extend • The original multi-unit operator has been in place since 2014 • Franchisee operated 4 schools and has 2 remaining • 2 were sold to the Franchisor to grow the corporate portfolio • Ladybird Academy is a leader in providing the very best preschool early learning and education with high quality care for children 6 weeks through school age