Brand New Early Lease Extension During COVID-19

• Jack in the Box Inc. recently exercised its first option, one year early, showing their dedication to this location.
• Landlord was able to negotiate a longer extension providing 7 years of firm term.

 Nearly 20-Year Successful Operating History

• Jack in the Box Inc. has been operating at this location since 2001, when the original developer did a build a suit for them from the ground up.

 Corporate Lease

• Jack in the Box has more than 2,200 restaurants in 21 states
• 85% of the half-billion guests served annually are buying food at the drive thru or take out

 Essential Retail

• Tenant provides an Essential Service and has remained open for business and paying rent.

Ideally Located In Front of Kroger Grocery Anchored Shopping Center

• Strong retail center with a number of nationals including Subway, Domino’s Pizza, KFC and Murphy Oil Gas Station

Densely Populated Houston MSA with Exceptional Demographics

• 235,654 people in the 5-mile radius
• 23% growth in last 5 years
• $168,634 average household incomes

Passive NNN Investment With ZERO Landlord Responsibilities

• Ideal “hands-free” investment opportunity – absolutely no landlord obligations, including roof and structure.
• True Absolute NNN lease

Well Located along Grand Parkway Near Major Interstate

• Located along major thoroughfare through Katy with over 130,000 CPD along Grand Parkway
• Access to Interstate 10, less than one mile from the subject property, which takes commuters directly to downtown Houston – less than 30 minutes away

Strong Investment Fundamentals

• Long term lease in place, good real estate and solid corporate tenant guarantor.

Ideal 1031 exchange property.