| New 20-year NNN lease commenced in August 2023, allowing ownership to capitalize on the entire lease term |
| Contractual rent increases of 10% every five years during the initial term, and in each of the (4) 5-year options |
| Wendy’s reaches a potential customer base of more than 130,000 people living within a 5-mile radius, as the closest Wendy’s is located 6.5 miles away |
| Located on a hard corner at the signalized intersection of Interstate 2 and La Homa Road, Wendy's has direct access and exposure to nearly 83,000 VPD |
| Completed in July 2023, the Property provides investors with the opportunity to acquire a Class A asset with low capital expenditures moving forward |
| Fifth largest MSA in Texas | Metro population of 888,370 in 2022 |
Reed Hudson
CBRE
