Corporate Net Lease (Limited Landlord Responsibilities): New 10-year lease with 10% increase occurring on the 6th year. 4, 5-year options with 7.5% increases each option.

No Early Termination: No early termination right or rent abatement due to force majeure or pandemic related, governmental closings

National Tenant: Nasdaq: SBUX, S&P credit rated BBB. Starbucks is the #1 Most Valuable Restaurant Brand in the World (QSR Mag. 2021)

Only Starbucks off I-20 for 40 miles: Subject property is the only Starbucks drive-thru located with direct access to the I-20 for over 40 miles.

New Construction | Prototype Building: With over 75% of sales coming from the drive-thru in 2020, Starbucks has introduced a new “drive-thru only” prototype.

No Income Tax: Texas is a non-income tax state