True NNN investment: Absolute triple net (NNN) lease with zero landlord responsibilities, offering a completely passive investment with just under 10 years of term remaining.

Modern construction – built in 2020: High-quality, recently built asset with full responsibility on the tenant.

Exceptional yield – above market QSR cap rate: Among the highest cap rates for long-term QSR/coffee assets in the Phoenix MSA, providing strong cash flow with long-term security.

Built-in rental growth – 10% every 5 years: Lease includes 10% rent escalations every 5 years, supporting increasing returns and long-term value appreciation.

Double drive-thru – high-volume format: Efficient double-lane drive-thru design supports high volumes and strong performance.

Proven operator – multi-unit franchisee: Operated by an experienced franchisee with four locations throughout the Phoenix metro – strong tenant stability.

Strategic location – high visibility & access: Located on Baseline Rd with ±63,500 vehicles per day, and just over 1 mile from I-10 with ±213,000 VPD, ensuring constant exposure.

Limited competition – protected trade area: No direct coffee competitors within a 1-mile radius, offering tenant a clear competitive edge.

Affluent retail hub and growing population: Surrounded by premium destinations like Raven Golf Club, Legacy Golf Club, and Arizona Grand Resort & Spa, all within 1 mile. Additionally, Arizona Mills Mall just over 1.5 miles east, which has ±6.8M annual visits. Strong demographic trends with 1.5% projected population growth over the next five years, fueling long-term demand.