» ABSOLUTE-NET LEASEHOLD INTEREST: Tenant Operates On An Absolute-Net Basis With Zero Landlord Responsibilities, Providing Passive Cash Flow Through The Remaining Primary Term | 10% Rent Increases Throughout Option Periods

» ESTABLISHED 20+ YEAR OPERATING HISTORY AT THE SITE: Spangles Has Successfully Operated At This Topeka Location Since 2004, Demonstrating Long-Term Commitment To The Trade Area

» STRONG UNIT-LEVEL POSITIONING ALONG SW GAGE BOULEVARD: The Property Benefits From Frontage On One Of Topeka’s Primary Commercial Corridors, Surrounded By National Retailers, Restaurants, And Daily-Needs Traffic Drivers

» DENSE INFILL TOPEKA TRADE AREA: The Site Serves A Dense Customer Base With More Than 126,000 Residents Within Five Miles

» REGIONAL RETAIL CORRIDOR ANCHORED BY NATIONAL TENANTS: Nearby Retailers Along The Gage Boulevard Corridor Include Walmart, Target, Lowe’s, Hy- Vee, Kohl’s, Best Buy, And Numerous National Restaurant Concepts

» CORPORATE GUARANTY BACKED BY 50-UNIT OPERATOR: The Lease Is Guaranteed By Spangles, A Longstanding Kansas-Based Restaurant Operator With Approximately 50 Corporate And Affiliate Units

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