?Brand-New 10-Year Modified NNN Lease with Renewal Options: Commencing in August 2026, Verizon’s modified NNN lease will feature 10 years of primary term and four, 5-year options to renew. Rent increases every 5 years by (i) 5% by default, or (ii) by the 5-year change in CPI (not to exceed 10%) if elected by Landlord. ?Excellent Access & Visibility: Located less than 13 miles east of downtown Tampa, Verizon is positioned with excellent access and visibility along East Martin Luther King Jr. Boulevard (40,500 VPD) and less than 2 miles east of the on-ramp to I-75 (183,000 VPD) and its interchange with I-4 (161,000 VPD) just one exit north— a major highway connecting Tampa Bay and Central Florida that was recently upgraded. ?Strategic Location: Verizon is positioned across East Martin Luther King Jr. Boulevard from a shopping center home to Walmart, Publix, Bealls, Rainbow Shops, Sally Beauty, Wingstop, Pizza Hut and Cricket Wireless, among others. Based on the recent construction plans, the existing Publix in this center is relocating from its current spot at Mango Square to a much larger, 47,304-square-foot prototype store at Pine St and E. MLK Jr Blvd in Seffner, complete with a standalone liquor store and a dedicated truck bypass. Plans also include a proposed multi-family residential development located directly adjacent to the site.