Two-Tenant Retail Pad

SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, drive-
thru equipped, freestanding, Andy’s Frozen Custard and NN leased, corporate guaranteed, The Learning Experience investment property located in Edmond, Oklahoma (Oklahoma City MSA). The tenant, Ranchers Custard Company LLC, recently signed a brand new 20-year lease with 4 (5-year) options to extend, demonstrating their long-term commitment to the site. The lease features 1.5% annual rental increases throughout the initial term and option periods, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities. The tenant, TLE at Edmond, LLC, recently signed a brand new 15-year lease with 2 (5-year) options, demonstrating their commitment to the site. The lease features 8% rental increases every 5 years throughout the initial term and options. The lease is guaranteed by the corporate entity and is NN with limited landlord responsibilities, making this an ideal, low-management investment opportunity for a passive investor.