5330 EHRLICH RD Tampa FL 33624-6966

STABLE CASH FLOW SHADOW-ANCHORED BY EOS FITNESS - MARK-TO-MARKET UPSIDE

• West Village Commons is 90.4% occupied by 16 tenants and shadow-anchored by EoS Fitness

• 10 of the 16 tenants have no options remaining, giving an investor potential upside by increasingrents to market rate

• Notable tenants at the center include United States Postal Services, Dollar Tree, Little Caesars, and De’Dior Salon Studio

• The EoS Fitness that shadow-anchors the center ranks as the 30^th fitness center in the nation by total visits per Placer.ai. This is out of a total of 25,322 locations around the country

• USPS recently exercised a 5-year option showing strong commitment to the site

STRATEGIC LOCATION IN CARROLLWOOD - TOP SUBMARKET IN TAMPA MSA

• The center is located on the southwest corner of Ehrlich Road (32,500 AADT) and W VillageDrive. Turner Road (15,400 AADT) borders the property to the west. Each of these roads has a monument sign or pylon sign

• There are signalized intersections on the northeast and northwest corners of the property, providing easy ease of access from different flows of traffic

• Turner Road and W Village Drive both have median cuts allowing both northbound and south bound lanes access to the asset

• Service based tenant mix compliments the surrounding mature, middle to upper class neighborhoods in the Carrollwood and Northdale area

DESIRABLE DEMOGRAPHICS

• $133,875 average household income within a 1-mile radius

• 84,207 population within a 3-mile radius

• 190,459 daytime population within a 5-mile radius

RECENT CAPITAL IMPROVEMENTS

• The center underwent a total renovation that was completed in 2022, including new roofs, paint, facade, and signage

• A portion of the roof was replaced in 2020, and the other portion was replaced in 2022. Both have20-year in-place warranties that run from their respective date of completion

• Stable cash flow shadow-anchored by eos fitness - mark-to-market upside
• West Village Commons is 90.4% occupied by 16 tenants and shadow anchored by EoS Fitness
• 10 of the 16 tenants have no options remaining, giving an investor potential upside by increasing rents to market rate
• Notable tenants at the center include United States Postal Services, Dollar Tree, Little Caesars, and De’Dior Salon Studio
• The EoS Fitness that shadow-anchors the center ranks as the 30th fitness center in the nation by total visits per Placer.ai. This is out of a total of 25,322 locations around the country
• USPS recently extended for 5 years showing strong commitment to the site
• Strategic Location in Carrollwood - Top Submarket in Tampa Msa
• The center is located on the southwest corner of Ehrlich Road (32,500 AADT) and W Village Drive. Turner Road (15,400 AADT) borders the property to the west. Each of these roads has a monument sign or pylon sign
• There are signalized intersections on the northeast and northwest corners of the property, providing easy ease of access from different flows of traffic
• Turner Road and W Village Drive both have median cuts allowing both northbound and southbound lanes access to the asset
• Service based tenant mix compliments the surrounding mature, middle to upper class neighborhoods in the Carrollwood and Northdale area
• $133,875 average household income within a 1-mile radius
• 84,207 population within a 3-mile radius
• 190,459 daytime population within a 5-mile radius
• The center underwent a total renovation that was completed in 2022, including new roofs, paint, facade, and signage
• A portion of the roof was replaced in 2020, and the other portion was replaced in 2022. Both have 20-year in-place warranties that run from their respective date of completion