| Absolute NNN Lease Structure: Zero landlord responsibilities |
| Built-In Annual Rent Escalations: The lease features fixed 2.5% annual rent increases, providing a consistent hedge against inflation |
| Long-Term Lease Commitment: The tenant operates under a 15-year lease with over ±10 years of term remaining |
| Strong In-Store Sales Performance: The tenant’s sales performance is extremely strong, resulting in a very low rent-to-sales ratio |
| Limited Market Competition: Strategically located in Edwardsburg, MI, the subject property is one of only two dispensaries in the immediate trade area |
| Proximity to National Retailers: The asset benefits from its close proximity to several national credit tenants, including McDonald’s and Taco Bell. |
Alexander Machado
Matthews Real Estate Investment Services
