STRONG LEASE FUNDAMENTALS - 15-year absolute NNN lease with zero landlord responsibilities, backed by Boersma Bros, LLC - Features 2% annual rent increases, providing steady income growth through September 2039. DUTCH BROS BRAND MOMENTUM - Dutch Bros continues to expand rapidly, supported by a loyal customer base and strong drive-thru model - The brand benefits from durable demand for convenient, value-oriented beverage concepts. EFFICIENT DRIVE-THRU PROTOTYPE - Drive-thru-focused, small-footprint design supports high throughput and repeat visitation - Strong unit economics enhance long-term performance and competitiveness. HIGH-TRAFFIC LOCATION - Positioned along Ramsey Street in Fayetteville, a primary retail corridor with strong visibility and access - Benefits from consistent commuter traffic and surrounding residential density. DENSE RETAIL CORRIDOR - Located within 818K+ SF of retail within one mile, surrounded by national tenants including Walmart, Lowe’s, and Ross Dress for Less. FAYETTEVILLE MSA STABILITY - Fayetteville is anchored by Fort Bragg, supporting a stable, recession-resistant economy - Strong employment base drives consistent retail demand.