Gainesville, FL

• This CVS lease has over 9 years guaranteed lease term before the tenant’s next option to renew.
• The current lease runs through November 30, 2034, with a two-year rent holiday period at the end of the primary term. The lease includes ten (5-year) renewal options, with 5% rental increases at the first and second option and a 10.29% increase in 2029.
• Located in a high-income trade area with the average household income exceeding $102,000 within a 1 and 3-mile radius.
• The property is positioned adjacent to HCA Florida Millhopper Emergency Center with several other medical facilities in the immediate surrounding area, including Hunters Crossing Memory Care, Brooks Rehabilitation Home Health, and LCS Occupational Therapy.
• CVS is positioned on a signalized corner surrounded by numerous complementary retail tenants, including the Hunters Crossing shopping center anchored by Publix and Ace Hardware.

We are pleased to offer for sale the CVS Pharmacy property located at 4145 NW 53rd Avenue, Gainesville, FL 32653 (the "Property"). This asset offers a secure, passive investment opportunity backed by an absolute triple-net (NNN) lease with zero landlord responsibilities. CVS has operated at this location for over 16 years and has a firm remaining lease term through November 30, 2034. The lease includes ten (5-year) renewal options, with 5% rental increases at the first and second option periods and a 10.29% increase in 2029.

The subject property benefits from a strong affluent population base with over 116,000 residents within a 5-mile radius and average household incomes exceeding $100,000 in the immediate 1-mile trade area.

The immediate area benefits from strong healthcare anchors. Directly across from the Property is HCA Florida Millhopper Emergency Center and several medical offices, including Hunters Crossing Memory Care, Brooks Rehabilitation Home Health, and LCS Occupational Therapy. Additionally, the Property is adjacent to the Hunters Crossing retail center, anchored by Publix and Ace Hardware, along with Goodwill, H&R Block, and a mix of other national and local retailers.

The Property is located approximately 5 miles north of the University of Florida, one of the nation's largest universities, with over 60,795 enrolled students and 32,000 faculty and staff. Santa Fe College, located 4.3 miles southwest, serves an additional 12,607 students.