| Tenant reports unit-level sales; current rent represents only ±3% of gross sales well below the 6-8% casual dining benchmark, signaling strong store. |
| Current term (12/01/2025 – 11/30/2030) is the fourth and final option. With no extensions remaining, tenant must return to the table. |
| Current rent $14.12/SF positioned meaningfully below market a proven interstate-frontage casual dining box supporting tenant retention and NOI growth. |
| Positioned along Heartland Expressway with ±23,815 VPD and located right off the exit capturing daily commuters seasonal Black Hills tourism Traffic. |
| Currently delivers ±$886M in annual economic impact and supports ±9,100 service members, civilians, and dependents. |
| Five-mile population of 72,724 with $78,000 AHI; ten-mile population of 120,024 across the Rapid City MSA. |