* Long Term Ground Lease – Raising Cane’s @ Lakewood Center operates on a 15-year Ground Lease (March 2033 expiration), the most secure form of real estate investment, with three additional 5-year renewal options demonstrating the tenant’s commitment to this location * Iconic National Brand – Raising Cane’s operates over 1,000 locations across 43 states and generates approximately $5 billion in annual system-wide sales. Founded in 1996 in Baton Rouge, LA, Raising Cane’s is a privately held company and one of the most recognized and fastest-growing fried chicken QSR operators in the United States * Top-Performing Location with Reported Sales – This Raising Cane’s location generated over $10.5M in annual sales in 2025 (+$2,600 PSF), and is obligated to pay 4% in percentage rent over a natural breakpoint (hitting, modeled) * 10% Scheduled Rental Increases – The lease is structured with 10% rental increases every 5 years, including options, providing a secure and growing stream of income * Purpose Built, Drive-Thru Configuration – High-quality, purpose-built drive-thru property developed by Raising Cane’s in 2017 * Point of Destination Location – As part of the larger Lakewood Center, anchored by Target, Costco, The Home Depot, Albertsons and more, this prime retail site benefits from exceptional visibility, high foot traffic, and strong tenant demand * Lakewood Center anchors the top retail hub in the city of Lakewood, with over 2.1 million SF of retail concentrated within a half-mile radius. Generating more than 22 million annual visitors per Placer.ai, ranking it as the highest performing retail center in California and 3rd Nationwide for in-store visits * Convenient Access, Significant Frontage – Over 235 feet of frontage along Candlewood St (±22,300 CPD), with easy access to Lakewood Blvd (±40,800 CPD), driving strong daily exposure and accessibility