STRONG LEASE FUNDAMENTALS

• New 15 year Abs. NNN Ground Lease
• 2% annual increases
• Four (4) renewal options of five (5) years each
• No Landlord Responsibilities

NEARBY DISNEY PARKS & HUNDREDS OF NEW APARTMENTS

• Over 200 apartment units have delivered in the past year with another 360 under construction
• Less than 20 miles away from Disney World, which averages over 58 million annual visitors

STRONG TRAFFIC AND ACCESSIBILITY

• Located on the soft corner of a high trafficked intersection of US Hwy 27 (74k VPD) and Park Place Blvd and Holly Hill Fruit Rd
• Multiple points of ingress and egress on US Hwy 27 and Park Place Blvd with cross-access to other retailers

ADJACENT TO REGIONAL HOSPITAL

• Positioned next door to AdventHealth Heart of Florida
• The Heart of Florida Location has over 200 beds
• Across the AdventHealth Central Florida division, over 3.4 Million patients are served annually

NEW CONSTRUCTION

• Newly built Miller’s Ale House, building being constructed by Tenant with newest restaurant prototype
• Oversized parcel, providing downside protection if future redevelopment is ever needed

HIGH GROWTH FLORIDA MARKET

• Between 2018 and May 2023, Davenport, FL has experienced a 163 % growth from 5,328 to more than 14K people
• This strong growth period demonstrates the move from the overpopulated neighboring cities of Orlando and Tampa