| Little Caesars – Single-Tenant, Fee-Simple Net Lease Asset – 100% leased on an NN+ lease structure to a corporate quick-service restaurant chain |
| Exceptional Tenant Longevity – Lease commenced in 1986, demonstrating nearly four decades of continuous operation at the site and long-term commitment |
| Rare Corporate Lease – Parent Company: Ilitch Holdings, Inc., a privately held Detroit based company with 5,500 Restaurant, owns the Red Wings & Tiger |
| Built-In Rent Growth – Approximately 2.6 years of firm term remaining with one 5-year renewal option at a 10% rent increase |
| Grocery-Anchored Retail Synergy – Directly adjacent to a Kroger-anchored destination grocery center, driving recurring daily traffic |
| Strong National Co-Tenancy – Surrounded by established brands including Firestone, Family Dollar, Taco Bell, Burger King, Arby’s, Verizon, and Chase |
Spencer O'Donnell
Charter Realty Company
