• The subject property is a 100% occupied, 2-tenant QSR pad equipped with a drive-thru
• WaBa Grill (Operates 196 Units in 3 States)
• Drive-Thru Equipped which dramatically increases Sales and customer throughput
• 5-years into a 10 year lease with 10% increases every 5-years
• The Buffalo Spot (Operates 37 Units in 2 States)
• End Cap Location with Premier Visibility on N Pepper Ave
• 5-years into a 10 year lease with 10% increases every 5-years
• The property features a 4.6-year weighted average lease term (WALT), reducing near-term rollover risk and providing income stability
• Both leases are NNN in nature and include 2 (5-year) options with 10% rental increases, providing a future investor with a hedge against inflation and limiting the possibility of expense leakage