| 2026-Construction, Single-Tenant, Double-Drive-Thru Dutch Bros; 15-Year Absolute NNN Corporate Lease: |
| 15-year absolute NNN corporate lease; zero landlord responsibilities |
| 10% rent increases every 5 years during the initial term and each of the three 5-year option periods |
| Strong Corporate Guarantee; Publicly Traded Corporate Tenant (NYSE: BROS); Fastest-Growing Coffee Brand in the U.S. |
| Dutch Bros’ System-Wide AUV Reached a Record $2.2 Million (Q1 2026) |
| Ankeny, Iowa: One of America’s Fastest-Growing & Highest-Ranked Cities |