• The property is brand new construction completed in 2024 • Dutch Bros opened in June 2024 • Kiddie Academy is estimated to open in April 2025 • Dutch Bros lease features ten percent (10%) rental increases every five (5) years in the primary term, and ten (10) percent increases to start each of its three (3), five (5) year renewal options. Kiddie Academy also has attractive increases built in (*see rent roll on page 17). • Dutch Bros Coffee has Corporate Guaranty • Kiddie Academy is a franchisee and has personal guaranties on the lease over$10 Million