311 S ROSEMEAD BLVD Pasadena CA 91107-4954

- Absolute NNN ground lease; zero landlord responsibilities

- New 20-year lease term with 10% increases every 5 years

- Popeyes is the 2nd largest quick-service chicken concept; 3,100 locations in the U.S. and 25 countries worldwide

- Popeyes is a part of Restaurant Brands International (NYSE: QSR, TSX: QSP), one of the largest quick service restaurant companies (25,000 restaurants in over 100 countries)

- Tenant is experienced franchisee and the largest operator of Popeyes restaurants on the West Coast; 38 locations in California and Nevada

High Traffic Pasadena Location: Rosemead Boulevard is the major north/south thoroughfare in East Pasadena; 25,000 cars per day

Close Freeway Access: 1/2 mile from Interstate 210 benefiting from 266,000 cars per day

Hub of Employment and Education: Pasadena is home to top employers including Kaiser Permanente, Parsons, and Nasa Jet Propulsion Laboratory (JPL); nearby colleges include Caltech, Pasadena City College, and ArtCenter College of Design

Transit Oriented Investment: Approximately 1 mile from the Metro Gold Line Sierra Madre Villa station averaging over 50,000 daily riders on weekdays

Dense, Affluent San Gabriel Valley Demographics: Approximately 160,000 people with an average household income of over $126,000 reside within a 3-mile radius of the subject property