• Just Listed • Prime Single Tenant Asset • Investment or Owner – User Opportunity • Value add opportunity – Mark-to-Market Rent • AAA location on Collins Avenue • Recent 5 year lease extension with National Tenant • Shoe Palace has occupied the property since 2017 • Below market rents • Opportunity to significantly increase rents in 2 years • Landlord has right to terminate existing lease on April 30th, 2027 • Below replacement cost