• The tenant currently has 16 years remaining with 4 (5-year) options to extend, demonstrating their commitment to the site • The lease features 10% increases every 5 years during the initial term and at the beginning of each option, growign NOI and hedging against inflation • The chain’s passion for its Louisiana heritage and flavorful authentic food has allowed Popeyes to become one of the world’s largest chicken quick service restaurants with over 4,000 restaurants in the U.S. and around the world