Texas Roadhouse (the “Property”) is a newly constructed, freestanding building located along Gulf Freeway, the service road to Interstate 45, in Texas City, Texas. Built in 2025 on a spacious 2.80-acre parcel, the Property features ample parking, excellent ingress and egress, and strong connectivity to surrounding retail developments and the broader Galveston-Houston corridor. The building is 100% leased to Texas Roadhouse under a newly executed ground lease with an initial 15-year term. The lease includes 10% contractual rent increases every five (5) years, along with three (3) additional five-year renewal options—each also featuring 10% rent escalations—delivering stable and predictable long-term income growth.