Starbucks & Shops 4645 Jensen ave 5,646 SF 100% Leased 4-Star Retail Building Fresno, CA 93725 $6,910,977 CAD ($1,224.05 CAD/SF) 5.75% Cap Rate

• Newly constructed 5,646 SF multi-tenant Drive-Thru restaurant retail shop building with New Leases
• Starbucks (Double Drive-Thru) – new 10-year lease with 10% increases every 5 years. Starbucks is the #1 most valuable restaurant brand in the world, has 40,000 locations globally, $36.17 billion in 2024 revenue, and is publicly traded NASDAQ: SBUX
• WingStop (+2,900 Units) – new 10-year lease with scheduled rental increases throughout the initial term and option periods. WingStop is one of the fastest-growing QSR brands in the world, with over 2,200 locations globally, approximately $3.6 billion in system-wide sales, and is publicly traded on the NASDAQ: WING
• Teriyaki Madness (+200 Units) – new 10-year lease with 10% increases every 5 years. Teriyaki Madness is a rapidly scaling fast-casual brand founded in 2003, with +200 locations nationwide (up from ~158 in 2024),+$190M in systemwide sales, +$1.1M in AUVs, and backed by Fransmart –the growth platform behind Five Guys, QDOBA, and The Halal Guys.
• Smoke Shop – new 3-year lease with ~3% increases annually
• All leases NNN, minimizing expense leakage for future ownership
• The property features state-of-the-art, brand-new construction with modern materials and contemporary design