| Absolute NNN lease with Black Bear Diner, a growing regional brand with 160+ locations. |
| Prime location near CA-99 and V Street with 56,000 and 23,000 VPD, serving 117,000 residents within 5 miles. |
| Surrounded by national retailers including Costco, Home Depot, Target, Lowe’s, and PetSmart. |
| Located in Merced, one of California’s fastest-growing cities with strong economic drivers. |
| Fully passive ownership with tenant responsible for all expenses including taxes, insurance, CAM, roof, and structure. |
| 5.3% cap rate on a $2,752,000 price with annual NOI of $145,860 and 4,751 SF building. |