• The Crunch lease is guaranteed by the largest Crunch franchisee in the country with over 75 existing locations and plans to have 100 opened by the end of 2026 • Crunch has a new, 15-year lease with 3 (5-year) option periods to extend • 151 Coffee has 13 years of term remaining with 4 (5-year) options to extend • Both leases feature 10% rental increases every 5 years throughout the initial terms The asset provides investors with an opportunity to acquire a drive-thru equipped, QSR pad at a desirable cap rate • 151 Coffee is a growing operator with 16 locations in Texas and Kansas • The asset benefits from additional rental income from a Twice the Ice kiosk located on the parcel (Income is not included in pricing or NOI but does convey with the sale)