| Brand new 20-year Absolute NNN lease with attractive 7.00% rental escalations every 5 years with two 5-year options to renew |
| KBP Brands (Parent Company of KBP Bells, LLC) operates ±1,100 locations across 4 brands in 32 states. |
| KBP Bells, LLC (Tenant) is a ±50-unit Taco Bell entity with locations in New York, Illinois, Missouri, Colorado, Kansas, Iowa & New Mexico. |
| New, high-quality, build-to-suit construction of Taco Bell’s newest prototype with a 7-car stack in drive-thru - opened for business December 2025 |
| Nearby tenants rank towards the top sales performers nationally per Placer. |
| 2025 DEMOGRAPHICS: Total Population (5MI): 8,780 | Average Household Income (1MI): $81,180 |