| ABSOLUTE NNN LEASE: Over 11 years remaining on initial 15-year Absolute NNN lease with an attractive 10% rental escalations every 5 years |
| TENANT | GUARANTORS: MJB Management Group, LLC is a multi-brand food service operator with a portfolio that includes 2 Dairy Queen & 1 Denato’s Pizza |
| SEASONED SALES LOCATION: Successfully open and operating for decades with an attractive 4.12% Rent to Sales Ratio (YE 2024)! |
| STRONG INTRINSIC VALUE: Priced below replacement cost with replaceable rents! |
| TRAFFIC COUNTS: Excellent visibility/access on N State St, the market’s prime north/south corridor with traffic counts of 23,298 CPD! |
| 2025 DEMOGRAPHICS: Total Population (5MI): 16,270| Average Household Income (1MI): $79,714 |
Kendall Carlsen
Commercial Investment Advisors, INC
