Corporate STNL Investment – 100% leased to The Hertz Corporation on a NNN lease with 3% annual increases »Hertz (NYSE: HTZ) operates as a global vehicle rental and sales company with rental services under the Hertz, Dollar, and Thrifty brands, generating $9.37 billion in annual revenue in 2023 - an increase of nearly 8% over the prior year High-Traffic Corner, Residential and Commercial Density – Located at the signalized intersection of Redondo Beach Blvd (±31,351 CPD) and Gramercy Pl, proximate to both residential and commercial density with a daytime population of approximately 243,600 and almost 11,400 businesses within 3 miles Desirable South Bay Retail Location – Situated on W Redondo Beach Blvd between S Western Ave and Van Ness Ave - major thoroughfares connecting Gardena to greater Los Angeles with numerous retailers in the immediate area including Target, CVS, Ralphs, Raising Cane’s, Starbucks, Jack in the Box, Carl’s Jr., Tokyo Central, Union Bank, Chick Fil A, Del Taco, and many others Dense and Affluent South Bay Demographics »More than 32,800 people in a 1-mile radius with AHI of $109,200 »More than 233,100 people in a 3-mile radius with AHI of $106,400 »More than 734,700 people in a 5-mile radius with AHI of $122,654 »Daytime population of more than 736,700 people in a 5-mile radius “Bite Size” LA STNL Investment – Hertz’s smaller price point provides for an optimal “gap filler” 1031 exchange property and its STNL nature to an international publicly traded corporation with minimal landlord management or maintenance obligations makes it perfect for passive or “out of town” investors