| Absolute NNN Lease Structure: The tenant is fully responsible for all operating expenses, including taxes, insurance, roof, and structure |
| Exceptional 4.86% Rent-to-Gross Sales: The location achieves the "Gold Standard" in rent coverage, translates into a robust 5.30% Rent-to-Net Sales |
| Guaranteed by Elite Diners, LLC: The lease is backed by Elite Diners, LLC, an experienced multi-unit Black Bear Diner franchise |
| 11% Bumps at Each Option Period: Each of the three 5-year renewal options carries an 11% rental increase, providing significant NOI growth |
| National Brand in Strong Trade Area: Black Bear Diner is a beloved family dining concept with 160+ locations across the western U.S. |
| Fee Simple Land & Building Ownership: The investor acquires fee simple ownership of the land and building, no ground lease risk. |
Maxwell Aunger
Matthews Real Estate Investment Services
