NNN Lease Provides a Passive Investment and Income • Tenant operates under an absolute NNN lease with no landlord responsibilities whatsoever, insulating a buyer from potential increases in capital expenditures and operating expenses. Durable Cash Flow and Fixed Rent Increases • With over 5 years remaining on the lease, and CPI rent increases every 5 years (max 10%), this provides a future owner with additional cash flow and return on investment, along with a protection against inflation. Corporate Tenant with Long-Term Track Record • Carl’s Jr. has successfully operated at this same location for over 35 years since the property was built in 1989. As of 2010, Carl’s Jr. extended the lease for another 20 years with multiple options to renew the lease, which further demonstrates their commitment to this location. Strategic Location • Located near an entrance and exit of Interstate 5, which is the main north-south interstate that serves California , and on the western edge of California’s Central Valley, Carl’s Jr. benefits from prominent visibility, excellent ingress and egress, strong traffic volumes, and a local trade area that provides demand and synergy. Rest Stop Mecca and Transportation Hub • Since the days of the Spanish missions, stagecoaches, and gold rush, Santa Nella has been a major rest stop mecca and transportation hub for travelers. Few places along Interstate 5 offer the overwhelming roadside accommodations, such as truck stops, gas stations, restaurants, and hotels, that can be found in the small town of Santa Nella. E-Commerce and Recession-Resistant Tenant • QSR properties are extremely sought-after investments for their resistance to downturns in the economy and e-commerce trends that affect traditional retail properties.