2450 Deer Creek Commerce Ln

RARE! 20-Year NNN Ground Lease with no Landlord Responsibilities • Investment Grade Credit Tenant • Brand New Construction • Fixed Increase for the first 10 Years of the Lease, 5% increases every 5 years of the initial term following the initial 10 Years. 10% increases every 5 years during the option periods • Adjacent to Posner Commons a 630k square foot shopping complex and newly developed Posner Village • Excellent Visibility along Highway 27 over 52,264 ± CPD. Approximately 1 mile south of I-4 / Hwy 27 interchange • FedEx, Walmart, Amazon & CVS recently developed major distribution facilities just north of the subject site

Davenport, Florida is located within the south westerly portion of the Orlando Metro area. The site is located less than 1 mile south of the major I-4 and US Highway 27 interchange, 2 of the major traffic thoroughfares for the State of Florida. The market is a rapidly growing area of Central Florida located between Orlando and Tampa (with a substantial amount of residential units planned or under construction). The area is only 10 miles from the Walt Disney World Parks which has a major impact on the growth in the area. The site is located near Posner Commons, a 630,000 square foot power center that serves as the major retail node in the area with tenants that include; Target, JC Penney, Best Buy, Ross, Dicks Sporting Goods and the Cinepolis IMAX Movie Theater which opened this year. Tenants immediately adjacent to site include newly constructed Family Dollar, Taco Bell & Mattress One stores. In addition to the residential growth, the area is seeing significant growth from employment generators. FedEx is recently developed a 300,000 square foot facility and Walmart is developed an approximately 2 million square foot distribution center in the immediate vicinity. These companies are expected to fuel momentum for additional business and residential growth. Shoppes at Deer Creek enjoys excellent visibility from US Highway 27, a four-lane highway with traffic counts of over 52,264 vehicles per day. The Center is located at an entrance from US 27 that also serves the adjacent properties and has access to a signalized intersection at Deer Creek Boulevard and US 27