Long Term Absolute NNN Lease - Absolute NNN structure with no landlord responsibilities - Approximately 13 years of remaining lease term - Six, five-year renewal options - Annual rent increases tied to the lesser of CPI or 1.25% Nationally-Recognized Franchisee with 375+ Locations - Meritage Hospitality Group operates over 375 restaurants nationwide including Wendy’s and Morning Belle - Meritage Hospitality Group (OTCQX: MHGU) reported YE 2025 revenues exceeding $617M and boasts a net worth of approximately $88M Established National QSR Brand - Wendy's is one of the largest quick-service restaurant brands in the world - More than 7,000 locations globally - Long operating history and strong consumer brand recognition Strong Memphis Retail Corridor - Positioned on E. Shelby Drive (32,911 VPD) within a dense retail and residential trade area - Population exceeds 161,000 residents within a 5-mile radius - Strong Demographics with $85K+ Avg HHI (1-Mi Radius) Recently Remodeled Building with Drive-Thru - The building was completely renovated in 2018, demonstrating a long-term investment and commitment to the location - Quick-service restaurant investments continue to be a top investment target for passive, single tenant property investors - Predictable annual rent escalations offer investors a hedge against inflation