317 Blanding Blvd, Orange Park, FL 32073

Tenant: Twelve (12) church campuses - ten (10) currently operating; one (1) under construction (on Longleaf Pines Parkway next to Creekside High School; one (1) being permitted on SR-200 Yulee, FL in Wildlight

Current estimated Church of Eleven22 attendance at all campuses is 19,000 per week

10-year vision is to plant 1,000 churches, raise up 100 long-term missionaries and launch 22 campuses

Campus expansion outside Jacksonville - already in Jesup, Georgia and Orlando, Florida

Tenant occupancy: The Church of Eleven22 has occupied the subject property and paid rent since 2021

Size of land and building: 3.488± acres land and 40,000± SF building (250x160)

Zoning: BB

Parking: 210 parking spaces (5.38 spaces per 1,000 SF)

The subject property has cross easements with an adjacent 75,000± SF shopping center that has 412 parking places and received a $5,000,000 redevelopment in 2023

Access/ingress/egress: Located on Blanding Boulevard with access for the subject property to the traffic light at Blairmore Boulevard and with 7 curb cuts

The 40,000± SF freestanding building has excellent visibility from Blanding Boulevard

Traffic count: 59,500± AADT - strategically located on Jacksonville’s busiest retail corridor, Blanding Boulevard

Roof and structure: Landlord is responsible for roof and exterior walls: installed a new roof in 2023, which has a 20-year transferrable roof warranty; and the building is constructed with masonry/concrete exterior walls for long term structural stability

Cap rate: 6.50%

Annual rent: $370,049

Taxes, insurance & CAM: NNN