INVESTMENT HIGHLIGHTS • Absolute NNN Lease • Long Term 15 Year Primary Lease • Operated by Flynn Group (world’s largest franchisee group) • 10% increases every 5 years to hedge against inflation TENANT HIGHLIGHTS • Flynn Group is the world’s largest franchisee group and one of the largest restaurant operators in the U.S. (Source) • Flynn Group operates 2,900 units across seven iconic brands, generating $5+ billion in annual revenue • Flynn Group has ±5.0 billion in annual sales BRAND HIGHLIGHTS • Panera generated more than $6.3 billion in annual sales in their 2023 fiscal year • Well-known brand with 2,204 locations across the US and Canada • Panera Bread franchised restaurants makes on average $2,803,000 in revenue (AUV) per year • Panera Bread currently has 120,000 employees LOCATION HIGHLIGHTS • ±3 miles from the University of Kansas (±30,770 students) • Strong household incomes of approximately $133,264 in a 1 mile radius • Located in a Sprouts grocery anchored center with other nearby tenants such as Walmart Supercenter, Dillon’s Supermarket, and PetSmart • Frontage on 6th St, a major Lawrence throughfare • Located near Lawrence Memorial Hospital West, KU Track and Field and Rock Chalk Park