Krystal Ground Lease 2210 US 22 2,057 SF Retail Building Union Township, NJ 07083 $3,973,515 CAD ($1,931.70 CAD/SF) 5.75% Cap Rate

SRS Real Estate Partners-Northeast, LLC is pleased to offer the opportunity to acquire the leased fee interest (land ownership) in an absolute NNN ground leased Krystal located in Union, New Jersey. The tenant, Krystal Restaurants LLC, recently executed a brand new 10-year lease with three (3) additional five-year renewal options, demonstrating long-term commitment to the site. The lease features 10% rental increases every five years throughout the primary term and option periods, delivering consistent NOI growth and a built-in hedge against inflation. Structured as an absolute NNN ground lease, the tenant is responsible for all taxes, insurance, and property maintenance, providing zero landlord responsibilities and making this an ideal, management-free investment for passive or out-of-state investors.