Brand New 20-Year Lease | Corporate Guaranteed Lease | Annual Rental Increases | Options To Extend - The tenant, Caliber Car Wash, is an experienced car wash operator with 40+ locations in five different states throughout the Southeast as well as multiple future locations currently under development - Caliber Car Wash signed a brand new 20-year lease with 4 (5-year) options to extend, demonstrating their long-term commitment to the site - The lease features 1.50% annual rental increases, growing NOI, hedging against inflation, and increasing return on the investment Bonus Depreciation | Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities | No State Income Tax - This asset qualifies for 60% bonus depreciation - Tenant pays for CAM, taxes, insurance and maintains all aspects of the premises - No landlord responsibilities - Ideal, management-free investment for a passive investor in a state with no state income tax Fronting Archer Road | Primary Thoroughfare & Dense Corridor | Strong Tenant Synergy | Directly off Interstate 75 - The asset is strategically fronting Archer Road, the primary East/West thoroughfare of Gainesville as well as a dense retail corridor - Surrounding national/credit tenants include Target, Whole Foods, Trader Joe’s, Lowe’s, Sam’s Club, Total Wine, Publix, and much more - Strong tenant synergy increases consumer draw to the immediate trade area and promotes crossover exposure for Caliber Car Wash - Directly off Interstate 75 (68,500 VPD) 2 Miles West From University of Florida | Strong Demographics In 5-mile Trade Area - Caliber Car Wash is 2 miles West from the University of Florida (52,000+ students) - More than 152,000 residents and 97,000 employees support the trade area - $78,825 average household income