LEASE SUMMARY

Lease Type NNN

Taxes/CAM/Insurance Tenant Responsibility

Roof/Structure Tenant Responsibility

Parking Lot Replacement Tenant Responsibility

Original Lease Term 15 Years

Rent Commencement COE

Current Term Expiration 15 Year After COE

Term Remaining 15 Years

Rent Increases 1% Annually

Renewal Options Four (4), Five (5) Year Options

Lease Guarantor K-Mac Enterprises (240 Units)

INVESTMENT HIGHLIGHTS

 Absolute NNN Lease Requires Zero Landlord Responsibility

 Brand New 15 Year NNN Lease will Commence Upon Close of Escrow

 Four (4), Five (5) Year Options Periods with Increases

 This Location Far Exceeds the National Taco Bell Average Store Sales

 1% Annual Increases, Including the Options

 NOI Based on 8.0% of Sales

Period Monthly Rent Annual Rent % Increase

Year 1 $ 13,041.50 $ 156,498.00 -

Year 2 $ 13,171.91 $ 158,062.98 1% Increase

Year 3 $ 13,303.63 $ 159,643.60 1% Increase

Year 4 $ 13,436.66 $ 161,240.04 1% Increase

Year 5 $ 13,571.03 $ 162,852.44 1% Increase

Year 6 $ 13,706.74 $ 164,480.97 1% Increase

Year 7 $ 13,843.81 $ 166,125.78 1% Increase

Year 8 $ 13,982.24 $ 167,787.03 1% Increase

Year 9 $ 14,122.07 $ 169,464.49 1% Increase

Year 10 $ 14,263.29 $ 171,159.55 1% Increase

Year 11 $ 14,405.92 $ 172,871.15 1% Increase

Year 12 $ 14,549.98 $ 174,599.86 1% Increase

Year 13 $ 14,695.48 $ 176,345.86 1% Increase

Year 14 $ 14,842.43 $ 178,109.32 1% Increase

Year 15 $ 14,990.86 $ 179,890.41 1% Increase

INVESTMENT SUMMARY

List Price $2,608,300

Building Size 2,490 SF

Land Acreage .69

Year Built: 2004

Current NOI $156,498

Initial Cap Rate 6.0%