•	Burger King has operated at this location for nearly 20 years
•	Carrols, LLC recently extended their lease term to 12 years on the current lease, demonstrating their commitment to the site
•	The lease features a 5% rental increase in May 2028 and 1% annual increases during options, increasing NOI and hedging against inflation
•	Carrols, LLC is the largest Burger King franchisee with over 1,000 Burger Kings and 55 Popeyes Restaurants
•	Carrols, LLC direct parent company, Carols Restaurant Group, INC (Nasdaq: TAST), is one of the largest restaurant companies in the United States
•	Offering includes two parcels
•	Tenant pays for taxes, insurance and maintains all aspects of the premises
•	No landlord responsibilities
•	Ideal, management-free investment for a passive investor

Offering Memorandum

•	Burger King is located off the signalized intersection of Williamson Road and Peters Creek Road averaging 30,000 VPD
•	Burger King is shadow anchored by a freestanding Kroger Grocery Store
•	The immediate trade area is supported by surrounding retailers such as Kroger, CVS, Wendy’s, Dunkin’, and more
•	Equipped with a drive-thru, providing ease and convenience for customers
•	The asset has excellent visibility and multiple points of ingress/egress
•	More than 86,000 residents and 50,900 employees support the trade area
•	$88,029 average household income wihtin 1 mile radius
•	2 miles from Roanoke-Blacksburg Airport, providing a direct consumer base from which to draw
•	Less than 5 miles from Interstate 581 (77,000 VPD) & 81 (64,000 VPD), providing direct on/off ramp access for travelers

Roanoke, VA - Burger King

<p>Lana Caravello joined SRS&#39; Washington D.C. office in 2020 as a transaction coordinator. Lana has more than 15 years experience in real estate, property and transactional management, customer acquisition, IT, and marketing. Most recently with Calkain, Lana provided transactional support for a team of top producing investment sales brokers and agents. She worked directly with senior producers and assisted with transactional management working to move acquisition and disposition transactions through to closing. </p><p>Lana is a graduate of the University of Central Florida.</p>

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Roanoke, VA - Burger King

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Andrew Fallon

Philip Wellde