FLORIDA BROKER OF RECORD....SCOTT AYRES DeYOUNG....FL BK 3421401 Faris Lee Investments is pleased to present the rare opportunity to acquire a long-term leased fee interest in a premier Starbucks-anchored multi-tenant asset located in Bradenton, Florida—a top growth market within the Tampa-Sarasota-Northport MSA. This investment represents an exceptionally rare opportunity to purchase the long term leased fee position at a rent level that is 70% below the current income generated by the property. The subject property is secured by a 35 Year NNN ground lease with zero landlord responsibilities, ideal for passive or out-of-state investors. The current ground rent, estimated to increase to $62,000 effective in July 2025, stands in stark contrast to the $205,590 of rent currently generated by the multi-tenant improvements. The improvements include a fully leased 6,752 SF drive-thru equipped building anchored by a top-performing Starbucks. Strategically situated as an outparcel to a 120,000 SF shopping center anchored by a forthcoming 48,000 SF ALDI. The property sits at the intersection of Manatee Avenue West (FL-64, 45,000 VPD) and 59th Street West (17,258 VPD), with direct access and visibility from Manatee Avenue West that is the main artery through Bradenton, FL. The trade area is supported by major retailers including: Publix, Target, Planet Fitness, and Bealls. Bradenton continues to demonstrate dynamic growth, ranking 4th in U-Haul’s 2023 report of one-way moving destinations and 2nd in the U.S. for net population growth in 2021. With no state income tax, a dense trade area (148,000+ residents within five miles), and a household income exceeding $111,000 within a 1-mile radius, the area offers a compelling demographic profile. This offering represents an extraordinary opportunity to acquire a long-term leased fee asset with generational-value located in a high-growth Florida market with zero management responsibility, and significant long-term value creation.