Roeser Plaza 5217-5233 S Central Ave 24,660 SF 100% Leased Retail Building Phoenix, AZ 85040 $5,188,638 CAD ($210.41 CAD/SF) 6.35% Cap Rate

International Dairy Queen Inc., (IDQ), headquartered in Minneapolis, Minnesota, is the parent company of American Dairy Queen Corporation and Dairy Queen Canada, Inc. Through its subsidiaries, IDQ develops, licenses and services a system of many DQ restaurants in many countries. IDQ is a subsidiary of Berkshire Hathaway Inc., which is led by Warren Buffett, the legendary investor and CEO of Berkshire.

Subway is a global quick-service restaurant brand known for its customizable submarine sandwiches and widespread franchised business model. Founded in 1965, the company has grown into one of the world’s largest restaurant chains by unit count, operating tens of thousands of locations across more than 100 countries. Following its sale to Roark Capital in 2024, Subway entered a new phase of operational restructuring and brand modernization. In July 2025, Jonathan Fitzpatrick, a seasoned executive with prior leadership roles at Driven Brands and Burger King, was appointed CEO to guide the company through this transition. The brand has faced significant market shifts over the past decade, including increasing competition, evolving consumer expectations, and declining U.S. sales, prompting renewed investments in menu upgrades, digital ordering, and organizational realignment. Subway remains privately held under Roark Capital’s ownership, with ongoing efforts to strengthen franchisee support and improve systemwide performance as it works toward revitalizing its global footprint.