73070 DINAH SHORE DR Palm Desert CA 92211-6615

Located in the newly constructed Monterey Crossing Shopping Center: Phase 1 tenants include - AT&T, Chick-fil-A, The Habit Burger, Quick Quack Car Wash and Spectrum;

Adjacent Interstate 10 at a full freeway interchange

• The Subject Property and the Center benefit from freeway-adjacent pylon signage

A Dominant Regional Retail Hub

• The interchange of I-10 and Monterey Avenue is a major retail hub with average daily car counts of 110,000 cars per day;

• National tenants at the intersection include: Costco, Kohls, Walmart, Sams Club, Kohls, Ashley Furniture and Petsmart

Favorable Drive-thru format with extra large vehicle stack

15-year absolute NNN ground lease

10% increases every 5 years (beginning in year 11)

2022 Construction

Eight 5-year options

Chick-fil-A has more than 2,600 restaurants in 47 states, Washington D.C. and Canada

Chick-fil-A has been named “America’s Favorite Restaurant Chain” for seven years in a row by the American Customer Satisfaction Index