• PetSmart has successfully operated at this location for 30-years and recently extended their lease term 12+ years through August 2037; the tenant has 4 (5-year) options remaining • This corporate signed lease features 7.5% rental increases at the beginning of each option period • PetSmart operates more than 1,670 pet stores in the United States, Canada and Puerto Rico, as well as more than 200 in-store PetSmart PetsHotel® dog and cat boarding facilities • Tenant pays for CAM, taxes, insurance and maintains all aspects of the premises • No landlord responsibilities • Ideal, management-free investment for a passive investor in a state with no state income tax • The asset is located along S U.S. Hwy 1792 averaging 66,000 VPD • PetSmart is part of a larger development that features Target, Taco Bell, Steak ‘n Shake, and more • Tenant synergy within the shopping center will promote crossover store exposure to the subject site • U.S. Hwy 1792 is a strong retail thoroughfare with several national tenants such as The Home Depot, Publix, Lowe’s, Floor & Decor, and more • More than 241,000 residents and 128,000 employees support the trade area • $101,254 average household income • Casselberry is currently growing at a rate of 1.58% annually and its population has increased by 6.63% since the most recent census