Current Real Estate Advisors is pleased to present the opportunity to acquire Applebee’s – Covington, TN (the “Property”), a freestanding ±4,978 SF single-tenant building located on a 1.15 Acre lot in the Memphis MSA. The Property will have an absolute NNN lease executed at COE with Zero Landlord responsibilities and can be acquired individually or as a portfolio (see Page 3). This Sale-Leaseback offering includes a brand new 7.5 year lease with attractive 10% bumps every 5 years that will be signed at Closing. Further, the lease will also include 4, 5-year Options – demonstrating the operator’s commitment to the location. Ownership are proven operators that have successfully owned and managed dozens of Applebee’s locations (as well as Burger King, Pizza Hut, TGIF, and IHOPs). They have gained national recognition and have received various awards for their highly successful operating strategy (see Page 7). This offering presents a unique opportunity for an astute investor to acquire strategically distributed real estate throughout the Midwest or to handpick their desired location(s) for individual acquisitions, from an assortment of assets with long-term stability and stable cash flow from a resilient operator. Strong Operating History - The Tenant has successfully owned and operated these restaurant businesses for an average of 10+ years (along with a multitude of others), providing proof of concept for these locations Secure + Steady Income Stream - Each location will benefit from a new Absolute NNN lease that will be signed at Closing, with Zero Landlord responsibilities, providing genuinely passive income Shadow Anchored Retail - Located just 35 miles from Downtown Memphis, the Property is shadow anchored by a Walmart Supercenter and Home Depot, with adjacent Verizon, Murphy USA and Zaxby’s outparcels Attractive Yield - This Applebee’s asset provides an investor with a lucrative return on their capital investment, allowing the new owner to maximize their future cash flow and hedge against inflation