RARE LEASE STRUCTURE - One of the first Abs. NNN Leased Heartland Dentals - Zero landlord responsibilities - 12 Years lease with four (4) five (5) year extensions - 10% rental Increases every 5 years and in option periods LARGEST DENTAL ORGANIZATION GUARANTY - Heartland Dental is the largest dental support organization in the United States - Over 1,800 Locations - 2023 Total Revenue was $3B HIGHLY VISIBLE SITE OFF OF I-75 - Positioned along the busy corridor from Naples to Fort Myers (I-75 - 126.5K VPD) - Located just 5 minutes from the Southwest Florida International Airport and less than a mile from the Florida Gulf Coast State University Campus - FGCSU had a total enrollment of over 16K students in the fall of 2023 - The University provides over 2,500 direct jobs in the region and almost 4,000 total jobs NEW CONSTRUCTION - The Building has recently been built to suit the tenant’s specifications - Tenant has paid to add specific capital improvements to enhance operational performance LOCATED IN THE GULF COAST TOWN CENTER - Property is an outparcel in the Gulf Coast Town Center - The largest open air shopping center in Southwest Florida - 8 Anchor tenants and 130 shops and restaurants - Over 1.3M Sf of Retail Space with 277 apartment units under construction - Anchor tenant SF is 722k with Bass Pro Shops, Belk, Costco Wholesale, Dick’s Sporting Goods, Regal Cinema, and Target DENSLEY POPULATED AND AFFLUENT TRADE AREA - According to there are more than 880 units of multi-family within a one-mile radius of the site - More than 33K homes located in a five mile radius of the Heartland Dental - The average household income within a 1-mile radius of the site is over 144K - almost double the national average