LEASE HIGHLIGHTS

• LONG-TERM STABILITY – Jimmy John’s will be executing a brand-new 10-year lease, underscoring their long-term commitment to the location. Additionally, the hair salon will be signing a new 5-year lease, further enhancing income stability.
• LONG TERM OPERATIONS – Jimmy John’s has been operating at this location since 2015, demonstrating strong historical performance and long-standing customer demand.
• SCHEDULED RENT INCREASES – Both leases include 2% annual rental increases, with additional increases at each renewal option, providing built-in income growth and a reliable hedge against inflation.
• TRUE PASSIVE INCOME – Both tenants operate under NNN leases, with taxes, insurance, and CAM fully passed through to the tenants, offering a hands-off, management-free investment.

LOCATION HIGHLIGHTS

• STRONG RETAIL SYNERGY – Neighboring top national brands like Chick-fil-A, Dairy Queen, McDonald’s, Zaxby’s, Lowe’s, and more, reinforcing the area’s high demand.
• STRATEGIC LOCATION – Situated on State Rd 70 (±60,500 VPD), just ±0.7 miles from Manatee Technical College and Braden River High School, providing a steady flow of customers.
• AFFLUENT AREA – The area has an average household income of approximately $108,887 within a 3-mile radius, indicating a strong consumer base with disposable income.
• HIGH VISIBILITY AND ACCESSIBILITY – The property features ±170 feet of frontage along the heavily traveled State Road 70 and benefits from a convenient frontage road, providing direct access from the signalized intersection, Creekwood Blvd & SR-70.
• END CAP DRIVE-THRU – Highly desirable drive-thru end cap enhances customer convenience and supports strong tenant performance, driving long-term investment value.