1935 W PINHOOK RD Lafayette LA 70508-3719

SRS National Net Lease Group s pleased to p-esentthe rare opportunity to acquire the leased fee (‘and ownership) interest in Taco Bel, an absolute NNN leased, franchisee guaranteed, investment property located in Lafayette, LA. The tenant, BAG Lafayette Ventures, LLC, recently extended the term for 17 years and has 4 additional option pe'iods of 5 years each. The lease features 10% rental increases ever)' 5 years throughout the initial term and fair market value in the option periods. The lease is also absolute NNN with zero landlord responsibilities.

The subject site is located at the signalized, hard corner intersection of E Kaliste Saloom Road and W. Pinhook Road with a combined 91,200 vehicles passing by on a daily basis. The asset has excellent visibility & access on a corner site witn significant street frontage on both adjacent roads. Located just 2 miles east is Lafayette Regional Airport, home to one of the largest helicopter companies in the worid, PHI, Inc., who serves about 47,200 aircraft operafonsand snuttles over 500,000 passengers per year. Nearby national credit tenants incude Walmart Supe'center, Dollar Tree, Walgreens, CVS, Ra sing Cane's, and mo'e, further increasing consumer traffic and promoting crossover shopping :n the afea. In addition, the asset is just 1 mile from Lafayette General Medical Center (366 beds), "he 5-mile rade area is supported by a dense population of approximately 146,000 residents with an average household income of S 78,000. The immediate 1-mile area has an affluent average household income of over S 111,000.