| Corporate lease from Chipotle Mexican Grill, Inc. with over 3,700+ locations and $11.9B in annual revenue |
| New long-term lease with approximately 9.5 years remaining, expiring December 31, 2035 |
| Built-in rent growth with 10% escalations every 5 years and four extension options through 2055 |
| Modern Chipotlane drive-thru prototype designed for digital ordering and throughput efficiency |
| Brand new 2025 construction minimizes exposure to near-term capital expenses |
| Strategically positioned along Boston Road generating approximately 17,200 vehicles per day |