• Tenant will sign a brand new, 20-year lease at the close of escrow with 4 (5-year) option periods to extend • Lease is franchisee guaranteed by Angel City Bell, LLC (104 Taco Bell locations), Taco Bell’s highest revenue-producing franchisee • Features 8% rental increases every 5 years throughout the initial term and at the beginning of each option period, growing NOI and hedging against inflation • Brand new construction asset with Taco Bell’s latest prototype