NNN Lease Provides a Passive Investment and Income • Tenant operates under an absolute NNN ground 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 3.5 years remaining on the lease, and CPI rent increases every 5 years (max 12%), 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 • Jack in the Box has successfully operated at this same location for 25 years, and recently exercised an option to renew the lease, which further demonstrates their commitment to this location. Strategic Location • Located on the hard corner and at the signalized intersection of NE Stephens Street and NE Garden Valley Boulevard, which provide direct access to Interstate 5, Jack in the Box benefits from prominent visibility, excellent ingress and egress, strong traffic volumes, and limited QSR/restaurant competition. 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. Robust Tenant Growth • Since launching their development program in 2021, Jack in the Box has signed 101 agreements for 464 new restaurants, and has a goal of 2.5% annual unit growth by 2027.