This is the 8th Florida location for The Salty Donut, an expanding boutique donut and coffee shop which originated in Miami, Florida. The tenant signed a new 15 year ground lease providing long-term cash flow with zero responsibilities to the landlord, four 5-year options to renew at the conclusion of the base term, and 2% annual rent increases throughout. This location is set to open in early 2025 and will serve as their hub/commissary for future growth in Tampa Bay. The asset will be completely renovated upon Opening Day, and is located in one of the most vibrant, cultural hotspots in Tampa Bay. Seminole Heights is a culinary and arts destination, home to a variety of architectural styles - many dating back to the 1920‘s, and an eclectic mix of restaurants, breweries, and cafes, offering everything from gourmet dining to food trucks, showcasing local and international cuisines. The district has a strong community vibe, upscale eateries, and tons of character attracting an affluent demographic to live, visit, and play.