Red Robin - Single-Tenant NNN Investment

LEASE HIGHLIGHTS • Absolute NNN lease – Zero Landlord Responsibilities • Corporate Guarantee - Red Robin International, Inc. • Inflation Protection – Scheduled 10% base rent increases occurring every five years for the duration of the current lease term and remaining option periods TENANT HIGHLIGHTS • Publicly traded on Nasdaq as Red Robin Gourmet Burgers, Inc. (RRGB) • Total revenues of $1.3 billion (2023) • 502 Restaurant Locations (2023) LOCATION HIGHLIGHTS • Beneficiary of Major Traffic Generators - Located in the Westpark Towne Plaza (250,000 monthly visitors) and directly across from the Boise Towne Square (606,000 monthly visitors) • Strong Traffic Counts - Situated along Milwaukee Rd (21,418 VPD), 1/4 mile from the Boise Connector (34,344 VPD) and 6 miles from Downtown Boise and the Boise Airport • Main Trade Area - Neighboring national credit tenants include Target, In-NOut, Chipotle, Dick’s Sporting Goods, Chick-fil-A and many more. • Local Corporate Investment – Meta and Micron are currently expanding their footprints in the Boise MSA with $15 billion of investment into developments exceeding 1,400,000 SF and creating 17,000+ jobs.