9179 Babcock St, Palm Bay, FL 32909

CORPORATE GUARANTEE FROM CREDIT TENANT

• McDonald’s has over 40,000 locations worldwide

• S&P Credit Rating of BBB+ and has a market capitalization of $218B (NYSE: MCD)

• Over $23B 2024 Revenue

STRATEGIC CONNECTIVITY

• This brand new construction is less than 3 miles from I -95

• Quick access to Palm Bay-Melbourne-Titusville regional market

• 242 feet of frontage and excellent visibility

PUBLIX OUTPARCEL & NEW DEVELOPMENT

• Immediate trade area features multiple master planned residential communities under construction

• Cypress Bay Preserve. Emerald Lakes and Eddgewood at Everland’s

• Across the street from Courtyard at Waterstone

• Outparcel to Publix Shopping Center

STRONG LEASE FUNDAMENTALS

• 10% rent increase every 5 years during current term & options periods

• 20-year Absolute NNN Ground lease

• Ten (10) five (5) year option periods

BREVARD COUNTY ECONOMIC DRIVERS

• Anchored by aerospace, defense, and high-tech employers

• L3Harris (8,000+ employees), Northrop Grumman (6,500+ employees), and Lockheed Martin contribute to consumer spending

LOCATED IN FAST GROWING & HIGHLY AFFLUENT PALM BAY

• AHHI exceeds $180K in a 1-mile radius

• Within the rapidly growing Palm Bay–Melbourne–Titusville MSA (600,000+ residents)

• Palm Bay is the largest city in Brevard County (127,000+ residents) and benefits from strong aerospace, defense, and tech employment clusters led by Lockheed Martin, L3Harris, and Northrop Grumman

• Potential customers with an AHHI greater than $160,000