Not a great picture, in the dark, standing on my head, and reaching around the rear tire, but…
There is a (small) gap between my son’s spare tire, and the panhard bar.
His vehicle is running factory (rear) control arms, and has -2” lift from a pair of OME 2860 coil springs, which may shift...
I don't think any of the tow bars are "factory", I believe that they're all port/dealer installed, and may vary based on year or region.
My son's 2000 TLC, originally sold in the Gulf States Toyota region, seems to have that same tow bar (and a 285/75R15 KO2 spare).
My 1999 LX470 (285/75R16...