• The tenant currently has 6 years remaining on their initial lease with 3 (5-year)options to extend, demonstrating their commitment to the site • The lease features 10% rental increases every 5 years and at the beginning of each option, growing NOI and hedging against inflation • 10% rental increase in July of 2026 • Property sits on an oversized parcel of 1.36 acres • With 335 company-owned, 140 non-traditional, and 361 franchise coffeehouses in 11 countries as of Dec. 31, 2024, they are focused on smart growth