2495 GULF TO BAY BLVD Clearwater FL 33765-4300

The Snyder Carlton National Net Lease Team is pleased to offer to investors a rare opportunity to acquire a trophy retail asset in the Tampa, FL MSA. The Home Depot, the world’s largest home improvement retailer, operates over 2,300 stores across North America, employs over 475,000 team members and is ranked #20 on the 2024 Fortune 500 Rankings. Additionally, the publicly traded company (NYSE: HD) had over $157 billion in revenue in 2022 and has an investment grade credit rating of “A” from S&P (Moody’s: “A2”). The absolute NNN lease was recently extended and has over 3 years remaining in the first extension period with two 5-year option periods remaining with 7.5% rent increases each option period. With no landlord responsibilities, a corporate guarantee and over 25 years of successful occupancy this asset ideal for a 1031 exchange or an investor seeking passive cash flows.

• Proven Long Term Net Lease Home Depot - Rare Corp. NNN Lease (NYSE: HD)

  • 24+ Yrs. at Location

• Trophy Coastal Site (Tampa MSA) - Fastest Growing State in U.S.

  • Across from Clearwater Mall/Costco

• Best in Class Retailer - Member Dow Jones 30 ($360B) - The World’s Largest Home Improvement Retailer

• Generational Opportunity to Purchase Iconic American Brand!

  • Irreplaceable Dense Infill Trade Area

• Below Current Market Rents - 3+ Yrs. Left with 7.5% Rent Bumps in Options

  • Large 13+ Acres/Parking

• Ranked #1 “World’s Most Admired Companies” in 2024 for Specialty Retail

  • Huge Annual Sales Growth