ABSOLUTE NNN LEASE STRUCTURE A truly passive investment, with the tenant covering all expenses, including property taxes, insurance, repairs and maintenance. BELOW REPLACEMENT COST RESTAURANT Opportunity to acquire a fully built restaurant property at a price below current construction costs. The favorable basis offers built-in equity and supports a compelling long-term hold as new development expenses rise. LONG-TERM OPERATING HISTORY This well-established Pizza Hut location has operated continuously at the property since the building was constructed. OPTION PERIOD MARKET RENT ADJUSTMENT The lease includes three 5-year renewal options, each adjusting to prevailing market rent (FMR), providing for income growth without any rent caps. EXPERIENCED OPERATOR This location is operated by a highly experienced Pizza Hut franchisee overseeing approximately 80 locations throughout California. PERSONAL GUARANTY BY INDUSTRY VETERAN Lease remaining term backed by an industry-leading franchise group with decades of operating history. The lease guarantor’s financial strength and operational expertise provide a secure guarantee on the lease. SHADOW ANCHORED BY STANFORD PLAZA Property is across from ±124,848 SF Stanford Plaza, a 100% leased neighborhood center anchored by Stater Bros. Markets. INLAND EMPIRE GROWTH MARKET Hemet is part of a rapidly expanding Inland Empire subregion with growing residential density and new housing construction supporting retail demand.