HIGH GROWTH CAPE CORAL, FL MARKET

• More than 142K people live within a 3-mile radius
• AAHI exceeds $70K in a 3-mile radius
• Cape Coral is the 8th largest city in FL, and the largest city between Tampa and Miami
• Cape Coral forecasts a 42% growth over the next 10 years

BRAND NAME TENANT MIX

• The center includes Sage Dental (80+ locations), Papa Johns (5,500+ locations), Huey Magoos (68+ locations), Naples Wax (3 locations) and Pei Wei (119+ locations)

ATTRACTIVE LEASE FUNDAMENTALS

• All newly signed leases provides 10 years of WALT for long term stability for the next investor with rental increases throughout the base terms
• Each lease is structured NNN, providing minimal landlord responsibility & exposure

HIGH VISIBILITY IN MAJOR RETAIL CORRIDOR

• More than 54,500 cars travel Pine Island Rd
• Over 91K combined cars at the Pine Island & Del Prado Blvd intersection
• Over 1.5MSF of retail located in 1-mile radius boasting a 2.0% vacancy rate
• Nearby National Tenant’s include: Lowe’s Home Improvement, Target, Publix, Chick-Fil-A

ACCESSIBLE LOCATION & TENANT SYNERGIES

• Cross access with adjacent center’s parking lot providing two points of ingress and egress on Pine Island Rd & Del Prado Blvd while also sharing customers across the multiple retail users

NEW CONSTRUCTION

• New construction will limit next owner’s risk to capital repairs during the hold period
• Transferable warranties in place