702 S 50th St, Tampa, FL 33619

BONUS DEPRECIATION ELIGIBLE

• The sale offers land and improvements, allowing for buyer to take 100% Bonus Depreciation

GREAT LEASE FUNDAMENTALS

• 15 Year Lease with 10% bumps every 5 years and in extension periods
• Abs. NNN lease providing zero landlord responsibilities
• Passive investment

CORPORATE BACKED INVESTMENT GRADE TENANT

• 7-Eleven’s parent company, Seven-Eleven Japan Co, LTD has a market cap of $37.18B (Ticker: SVNDY)
• There are over 83,000 locations across the world

HIGH VISIBILITY OFF BUSY US HWY 41

• In the Top 30% of Convenience Stores Nationwide (Placer.ai)
• Excellent exposure along a major retail and commuter corridor
• Located on a hard corner, the site provides unmatched visibility and access along US Hwy 41 with 33,000 VPD

INFILL LOCATION

• 5 miles from downtown Tampa
• Within a 1-mile radius the retail vacancy rate sits at 0% while multifamily rent growth YoY is up 8.8%
• Site benefits from a limited retail supply pipeline and the dense residential neighborhoods of East Tampa

RETAIL SYNERGY & YOUNG DEMOGRAPHICS

• The immediate trade area serves a younger population with Tampa seeing outsized growth in residents age 25- 44 a demographic that over indexes on convenience retail, prepared food and grab-and-go purchases
• Proximity to University of South Florida and surrounding campuses stable young professional presence & reinforce long term consumer demand

RECENT 15-YEAR SALE-LEASEBACK AT LOCATION

• 7-Eleven recently executed a new 15-year NNN sale-leaseback at this location, demonstrating their commitment and long-term viability at the site