• The subject property has 2 parcels, the first parcel is commercial (2702 S Smithville) and the second parcel is Residential (2714 S Smithville). So, the buyer has provision of building a home adjacent or can sell the parcel off • The tenant, Petland, Inc., recently exercised a 5-year lease renewal, demonstrating their long-term commitment to the location • One (1) additional 5-year renewal option remains, featuring a flat $1 PSF annual rental increase, supporting future income growth and providing a built-in inflation hedge