| Lease structured as Absolute NNN — tenant is responsible for all costs including roof, structure, and parking lot |
| Base lease term runs through May 31, 2035, with two (2) additional 5-year options extending potential tenancy through May, 2045 |
| 10% base rent escalations every 5 years, providing investors with built-in inflation protection and growing NOI / overall return |
| Percentage rent clause: Historically has provided additional income offering additional upside tied to tenant performance |
| Black Bear Diner ranked among the top 113 restaurant chains nationally by Nation’s Restaurant News (2025) |
| Ranked #4 in customer satisfaction in the mid-scale dining segment by Nation’s Restaurant News America’s Favorite Chains survey |
Maxwell Aunger
Matthews Real Estate Investment Services
