14+ YEARS REMAINING ON CHIPOTLE CORPORATE LEASE – The Tenant, Chipotle Mexican Grill, Inc., is subject to a new 15-year lease that commenced upon the store opening in June of 2024. The corporate lease features rental increases of ten percent (10%) every five years of the base term, and in each of the three option periods, providing an excellent hedge against inflation. Chipotle operates in a 2,325-square-foot building with outdoor seating and a “Chipotlane” modernized drive-thru. Chipotlane locations generally perform 15% higher in sales volumes for the tenant. The chain is a longtime leader and innovator in the food industry. Chipotle is publicly traded on the New York Stock Exchange under the ticker NYSE: CMG.