| Income Stability. Corporate-backed ground lease (BJ’s) anchors the portfolio. Long-term predictable income stream. |
| Yield Enhancement. Jack in the Box asset increases overall return profile. Higher cap rate offsets lower-yield ground lease. |
| Geographic & Asset Diversification. Exposure to both dense urban Los Angeles and high-growth Victor Valley. Mitigates concentration risk. |
| Embedded Growth Catalysts. Infrastructure-driven growth (Brightline West rail). Residential expansion in Victor Valley. Long-term land value in LA. |