- Approximately 8 years remaining on absolute NNN ground lease with 4 (5-year) options to extend, demonstrating their long-term commitment to the site
- The ground lease features a 13% rental increase in July 2024, generating NOI and hedging against inflation
- Development opportunity includes entire parcel of 4.82 acres
- Zoning allows for commercial land use, creating upside potential for future investor and potential development