• The tenant recently signed a brand new 15 year lease with 3 (5-year) options to extend, demonstrating their commitment to the site • The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation • The tenant and guarantor is 7 Crew Enterprises, LLC, one of the largest 7- Brew franchisees in the system with 32+ locations open and operating with an additional 41 sites scheduled to open by year end • The site is a newly-constructed, drive-thru equipped building with modern amenities and design • 7 Brew is an industry leader with an AUV over $2MM and an average EBITDAR of $426,000 in 2024 • Founded in February 2017, 7 Brew was born and now is one of the fastest growing coffee chains in the U.S. with over 440+ locations across 34 states