• The tenant just signed a brand new 12-year lease with 3 (5-year) options to extend, demonstrating their commitment to the site • The lease features 10% increases every 5 years during the initial term of the lease and options thereafter, growing NOI and hedging against inflation • Caribou Coffee has 335 company-owned, 140 non-traditional, and 361 franchise coffeehouses in 11 countries as of Dec. 31, 2024, they are focused on smart growth, while staying true to their purpose