Well-seasoned ground lease with 5 years remaining on the initial 20 year term and 3 five-year options to extend. 15% rent increase due 1/2028 with 10% increases every 5 years thereafter. Absolute NNN ground lease. Operated and personally guaranteed by a strong 32 unit Franchisee (9 Del Tacos and 23 Papa Johns). This location has the highest income of the 4 Del Taco locations in Simi Valley.