INVESTMENT HIGHLIGHTS • Absolute NNN: zero landlord responsibilities • New construction - 2022 completion • Long term primary lease - ±13 years remaining • Attractive 10% rent increases every 5 years TENANT HIGHLIGHTS • Corporate Guaranty with one of the largest privately owned coffee companies • Ranked one of America’s fastest growing private companies by Inc. Magazine’s 5000 Annual List in 2022 • Black Rock has ±150 locations in 7 states and is one of the largest privately held coffee companies in the country • www.br.coffee LOCATION HIGHLIGHTS • Less than 2 miles from Grand Canyon University (±9,000 New Students for the 2022-2023 School Year. ±25,000 Campus Based Students) • Located across from Washington High School (±1,806 Students) • Adjacent to the I-17 Freeway, the primary north-south thoroughfare in the area, with a traffic count of ±161,525 VPD • Hard corner location with frontage on Glendale Ave, a major Phoenix thoroughfare (±45,318 VPD)