Properties

11049 Hutchison Blvd. Panama City Beach, Florida 32407 Investment Highlights New, Long-Term Lease with Three Percent Annual Rent Increases in Base Term and Option Periods Brand New Location, Under Construction, Projected Opening April 2024 Unlike Many Cannabis Dispensaries that are Retrofits of Existing Buildings, this is Brand New Ground Up Construction The Rent Payment Will Increase by 10 Percent If and When Florida Allows the Recreational Use of Cannabis and Tenant Begins to Lawfully Offer Same for Sale to the Public Seller is Constructing the Interior Buildout for Tenant so Property Owner Can Potentially Depreciate These Improvements (Consult with Tax…

501 US Highway 27 North Lake Placid, FL 33852 Investment Highlights Brand New, 20-Year, Triple Net (NNN) Lease with Four, Five-Year Tenant Renewal Options Total Renovation, Now Open with Lease Commencement Upon Close of Escrow 10 Percent Rent Increases Every Five Years Throughout Base Term and Option Periods Property Includes a Drive-Thru Lane and Outdoor Seating Luihn Vantedge Partners, LLC Is an Experienced Franchisee Who Owns and Operates Over 200 Restaurants Spanning Over Five States With More Than 4,500 Employees Located on US Highway 27 With a Daily Traffic Count of 21,500 Vehicles, and Connecting Travelers North to Lakeland and…

2550 US-441 Okeechobee, Florida 34974 Investment Highlights Brand New Multi-Tenant Location, 100% Occupied by Two National Brands Property is an Outparcel to The Home Depot Both Tenants Have New, 10-Year Leases with Two, Five-Year Tenant Renewal Options Each Both Tenants Have 10 Percent Rent Increases Every Five Years Throughout Base Term and Option Periods Dunkin’ Includes a Drive-Thu Lane Dunkin’ Operator is an Established Inspire Brands Franchisee – Over 26 Years Experience and More Than 100 Fast Food Locations Under Their Belt – Currently Operates 12 Dunkin’ Locations Significant New Retail and Residential Development Planned in the Immediate Area Other…

4940 Babcock Street Northeast Palm Bay, FL 32905 Investment Highlights Trulieve is the #1 Cannabis Operator in Florida With Approx. 127 Locations Operating in the State – the Next Closest Brand Currently Operates 71 Locations Brand New, 10-Year, Triple Net (NNN) Lease With 10 Percent Rent Increases Every Five Years Throughout Base Term and Option Periods New Location is Currently Undergoing Renovations – Opening Soon! Store Will Feature a Double Drive-Thru With Smaller Footprint, Which Should Allow Trulieve to Maximize Sales Per Square Foot from This Location The Lease is Corporate Guaranteed by Trulieve, Inc. | Trulieve is One of…

24853 FL-54 Lutz, Florida 33559 Investment Highlights New, 15-Year, Triple Net (NNN) Lease With Five, Five-Year Tenant Renewal Options 10 Percent Rent Increases Every Five Years Throughout Base Term and Option Periods New Location, Recently Opened in September 2023 Operated by Purple Square Management Company Which Currently Operates Over 245 Franchise Locations Throughout 15 States, and Growing – Targeting to Have More Than 280 Locations by the End of 2023 Part of a Newly Constructed, Four-Pad Development (See OM for details) Average Annual Household Income is $101,079 in One Mile, and $114,633 in Three Miles High Traffic Area, Easily Accessible…

10608 East Bay Road Riverview, FL 33534 (Tampa MSA) Investment Highlights New, 15-Year, Triple Net (NNN) Ground Lease With Full Term Remaining Brand New Location, Construction Commencing in First Quarter of 2024 – Building Constructed by Tenant Corporate Guaranteed Lease With Mavis Southeast, LLC Directly Off Interstate 75 With a Traffic Count of More Than 157,000 Vehicles Daily Adjacent to Walmart Supercenter and Located at the Entrance to a New, 30-Acre Retail Development at the Southwest Quadrant of I-75 and Gibsonton Drive 30-Acre Retail Development Consists of AMC Riverview 14, a 14-Screen, State-of-the-Art Movie Theater – Other Tenants Include Dollar…