5015 Kietzke Ln, Reno, NV 89509

Corporate guarantee by Red Lobster Hospitality LLC - Recent 5-year extension demonstrates Red Lobster’s commitment to the site

Absolute NNN lease, no landlord responsibilities - Passive and management-free asset for investor

Tenant pays for property taxes, insurance, CAM and maintains all aspects of the premises

Long-term lease with over 23.5 years remaining due to a recent 5- year extension with 4 (5-year) options to extend

The lease features a rent increase of 5% in August, 2026 and thereafter increases 2% annually for the remainder of the term, compounding NOI and hedging inflation

Strong Performing Site According to Placer AI Sales and Visitor Analytics

• $4,227,529 in sales, trailing 12 months - $578.88 sales PSF

• Top 27% performing restaurant nationwide

• #1 Red Lobster in Nevada

• 114,800 annual visitors

Excellent location as a pad to a Lowe’s Home Improvement at the southwest corner of S. McCarran Blvd (39,100 VPD) and Kietzke Lane (25,700 VPD)

Direct access and clear visibility from S. McCarran Blvd with a designated right hand lane to enter the shopping center

Within 1 block of the on/off ramps to Interstate 580 (132,000 VPD), the main north/south highway going through Reno