| Brand-New 25-Year Absolute NNN Lease (Zero Landlord Obligations) – Lease commences at COE; Tenant is responsible for taxes, insurance, maintenance |
| Embedded Rent Growth – 1% annual escalations beginning Year 6 and continuing through the option periods |
| Best-in-Class Franchisee / Guarantor – WAC Enterprises (guarantor) is a 96+ unit operator with a long operating history and demonstrated discipline |
| Drive-Thru Format = Highest-Liquidity QSR Real Estate – Highly functional configuration aligns with the most in-demand institutional QSR format |
| Front-Row Outparcel Positioning at Canal Place – Canal Place Shopping Center out-parcel with strong frontage on the primary retail strip |
| Destination Demand Driver Nearby (Casino/Resort Proximity) – Located within the immediate vicinity of the Philadelphia, MS casino and resort |
Andrew Jaworski
CBRE
