- Tenant currently has 12 years remaining after recently exercising an extension with 4 (5-year) options to extend, demonstrating their commitment to the site
- There is a 10% rental increase upcoming in 24 months
- The corporate signed lease features 10% increases every 5 years and at the beginning of each option periods, growing NOI and hedging against inflation
- Take 5 Oil Change® expands total footprint to over 900 locations across the U.S. and Canada, with over 950 additional locations in pipeline, providing a multi-year runway for growth





