ANNUAL INCREASES: The base rent has 2% annual increases throughout the base term and option, which helps offset inflationary pressures for a buyer. LONG-TENURED TENANT: The tenant has been operating successfully at this location since 2008 and recently executed a long-term 10-year lease to remain through 2032. HIGH VISIBILITY: Located with great frontage on Sunset Blvd, which sees 41,000 vehicles per day, ensuring plenty of potential customers see the property daily. TARGET SHADOW ANCHORED: The property is surrounded by national retail tenants that drive traffic to the area including Target, Best Buy, PetSmart, Starbucks, Aldi, Lowes, Home Depot, Walmart, Chick-fil-a, Food Lion, and Hobby Lobby while there are minimal competing fast casual restaurant uses in the area. PARKING AND ACCESS: Located in a shopping center with plenty of parking and a dedicated left turn lane into the center providing easy access and parking for customers. EXCELLENT DEMOGRAPHICS: There are over 101,000 people living in a 5-mile radius of the property with an average household income of over $106,000, providing a good customer base with disposable income to support the tenant. LOW MARKET VACANCY: The retail vacancy in the trade area is 0.4% with no single tenant retail vacancies according to CoStar which limits competition from other properties and makes it easier to fill the property if the current tenant vacates. QUALITY CONSTRUCTION: The building boasts an aluminum roof which tends to have a longer lifespan than traditional shingle roofs. MINIMAL LANDLORD RESPONSIBILITIES: The tenant is responsible for insurance, taxes, CAM, HVAC and utilities while the landlord is only responsible for the roof and structure.