Del Taco

• Brand New Absolute NNN 20 Yr. Lease (Fee Simple) plus 2/5 Yr. Options
  – Recently Opened!
• Wholly Owned Subsidiary of Jack in the Box (NASDAQ: JACK) – Merger Completed
  March 8, 2022
• High Profile Location off Interstate 17 – Brand New 2022 Prototype Construction
  with Drivethru
• Proven Long Term Operator (Diamondback LLC) – 25+ Unit Operator with 21 Yrs.
  at Del Taco
• Phoenix MSA Voted One of “Top 50 Places to Live” – Tremendous Population Growth
  – 5^th Largest City
• Zero LL Duties – 10% Rent Bumps every 5 Years- Below Market Rental Rate
  – Huge Population Growth