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…

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…

7557 Gall Blvd. Zephyrhills, Florida 33541 Investment Highlights New, 15-Year, Triple Net (NNN) Lease With Full Term Remaining and 10% Rent Increases Every 5 Years in Base Term and Option Periods Brand New Location, Now Open! Directly Across the Street from a Brand New, 252-Unit Apartment Complex – Under Construction and Opening Soon Lease Guaranteed by Purple Square Management Company Which Currently Operates Over 245 Franchise Locations Throughout 15 States and Growing – the Company is Targeting to Have More Than 280 Locations by the End of 2023 Part of a New Development to Include Take 5, Longhorn Steakhouse, McDonald’s,…

321 FL-19 Palatka, Florida 32177 Investment Highlights Brand New, 10-Year Lease With Full Term Remaining Brand New Location Currently Finishing Construction 20-Year Roof Warranty that Will be Transferred to a Buyer at Closing Two, Five-Year Tenant Renewal Options with 10 Percent Rent Increases Every Five Years Throughout Base Term and Option Periods Aspen Dental Management, Inc. is One of the Largest and Fastest Growing Providers of Dental Care Services in the United States with More Than 1,000 Offices (and Growing) Across 44 States and More Than 75 Aspen Dental-Branded Practices are Expected to Open Every Year Access and Visibility to…

10188 NW 138th Street Hialeah Gardens, FL 33018 Investment Highlights Brand New, 15-Year, Triple Net (NNN) Lease, Full Term Remaining Corporate Guarantee With 7-Eleven, Inc. Currently Under Construction and Opening Approximately April 1, 2024 This Location Will Feature Two Popular Restaurant Concepts That Are Operated by 7-Eleven – Laredo Taco Company and Raise the Roost Chicken – First Location in S. Florida to Feature These Restaurants, Showing an Extremely High Commitment to This Location 10 Percent Rent Increases Every Five Years Throughout the Base Term and Option Periods Significant New Construction in Immediate Area with Over 1,000 Multifamily Units and…