| New 15-year guaranteed absolute NNN corporate lease to Whataburger, with over 1,100 locations. |
| 10% rental increases every five years deliver steady growth through the initial term and three (3) five-year options. |
| Tenant covers all taxes, insurance, and maintenance, including roof, structure, and parking lot, providing a fully passive investment. |
| Whataburger expanded to over 1,100 locations across 17 states in 2025, reflecting steady national footprint growth beyond its Texas base. |
| Whataburger maintained strong financial momentum in 2025, with sales increasing 9.4%—one of the strongest performances among major QSR chains. |
Michael Yuras
Cushman & Wakefield
