• Newly executed 15-year lease with six (6), five-year option periods to extend • Lease guaranteed by T5 West Operations, LLC, which encompasses 29+ locations across the western U.S. under the Take 5 Oil Change brand • Operator and its affiliated entities currently manage 50+ Take 5 Oil Change locations, demonstrating a proven operational track record • 10% rental increases every five years during the initial term and at the start of each renewal period, growing NOI and hedging against inflation • Brand-new construction asset built to the latest prototype design and operational standards