Investment Overview

Lease Metrics - 10 Years Remaining on base term - NNN – No Landlord Responsibility - 7.5% Rent Increase every 5 years - Three, 5 Year options - Corporate Fazoli’s Guarantee Property Overview - Long Term Occupancy: Operating as a Fazoli’s since its construction in 1996. - This Fazoli’s location totals 3,412 square feet on 0.93 acres and includes a drive-thru with easy entry and egress from Beckley Road which sees 21,000 cars per day. - Percentage Rent: In addition to base rent, the landlord receives percentage rent once the tenant’s annual sales exceed $1,245,000. Fazoli’s - Fazoli’s has grown to over 200 restaurants across more than 25 states, making it the U.S.’s largest premium Italian QSR chain. - Offers a “fast, fresh, friendly” Italian menu positioning — featuring made-to-order pasta entrees, salads, sub sandwiches, pizza and its signature unlimited bread sticks. FAT Brands Inc. - A global multi-brand restaurant franchising company that owns or operates ~18 distinct restaurant brands and approximately 2,300 units worldwide. - Diversified portfolio across service models (quick-service, fast-casual, casual dining) and cuisines (burgers, pizza, Italian, ice-cream/treats) which gives scale advantages in procurement, marketing and franchising. - Growth and acquisition strategy: actively acquiring and integrating new brands (e.g., Fazoli’s acquisition), leveraging co-branding and flexible franchise formats to expand rapidly.