» HIGH-YIELD 9.00% CAP RATE | ABSOLUTE-NET STRUCTURE: Passive Investment With Zero Landlord Responsibilities; Tenant Covers All Operating Expenses Including Roof, Structure, And Capital Items

» CORPORATE HEADQUARTERS LOCATION: Subject Property Serves As Spangles’
Corporate Headquarters, Anchoring Long-Term Operational Presence And Strategic Importance

» 10-YEAR LEASE WITH 10% RENTAL INCREASES: Built-In NOI Growth Provides Predictable Income Escalation Throughout The Base Term And Option Periods

» EXPERIENCED MULTI-UNIT FRANCHISE OPERATOR | 51 TOTAL LOCATIONS: Corporate Guaranty Backed By Diversified Restaurant Portfolio Including 26 Spangles, 13 IHOP, And 12 Popeyes Locations

» BELOW REPLACEMENT COST: Infill Site Positioned On 16,988 SF Parcel With Established Infrastructure In A Mature Commercial Corridor

» STRATEGIC WICHITA LOCATION DENSE URBAN CORRIDOR: Located Along Hillside Street (11,010 VPD), A Primary North-South Arterial Providing Direct Access To Downtown Wichita And Surrounding Retail Nodes

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