McAlister's Deli (the “Property”) is a freestanding quick-service restaurant located at 3619 NW County Road in Hobbs, New Mexico. The Property sits at a highly visible corner along NW County Road near Industrial Drive, offering excellent ingress and egress and strong accessibility to surrounding commercial corridors and nearby residential neighborhoods. Constructed in 2018, the Property comprises approximately 3,622 square feet and is situated on roughly 0.99 acres. The building features a modern restaurant design with ample surface parking and efficient site circulation to accommodate consistent customer traffic. The Property is 100% leased to Best Choice Restaurants, LLC, operating as McAlister’s Deli, under a 15-year lease that commenced January 1, 2019 and expires December 31, 2033, providing approximately 7.59 years of remaining lease term (WALT). The lease features scheduled rental increases every five years, providing built-in income growth.