2037 Southwest Gage Boulevard, Topeka, KS 66604

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