The subject property consists of six contiguous parcels of land located along Treeline Ave directly east of
Interstate 75 in Fort Myers, Lee County Florida. The overall subject site consists of approximately 114.31 acres
or 4,979,344 square feet of land. The site is zoned Mixed Use Planned Development in the city of Fort Myers.
The site was previously zoned AG-2, Agricultural, and IL, Light Industrial, but has since been rezoned.
Please note, a billboard is located near the southwestern portion of the subject property. The billboard is
under a 99-year lease that commenced in October 1994. The annual rent for the billboard is equal to 15% of
advertising revenue for years 1-5, 18% for years 6-10 and 20% for the remainder of the lease term.