Dunkin' / Suncoast Credit Union 11015 E SR 64

Investment Highlights

Dunkin' is 3.8 years into a 10 year lease; both have options to renew Borders Lakewood Ranch, award winning master planned community 3 mile demos: 38,432 residents, $148,156 avg HH income; $522,624 avg home value High traffic counts along Florida State Road-64 (32,000 AADT) and Lakewood Ranch Boulevard (23,500 AADT) The asset shares the northeast, signalized corner with Walgreens; located across from a Publix & Wawa. Dunkin' is credit rated (S&P B+); Suncoast CU is the largest CU in Florida

Executive Summary

RIPCO Real Estate is pleased to offer for sale Dunkin? and Suncoast Credit Union, a ?4,540 SF freestanding building, 100% occupied by two tenants. Suncoast Credit Union is the largest credit union in Florida, with 75 branches and headquarters in Tampa. Dunkin? is a credit rated (S&P: B+), national tenant with approximately 12,900 locations in 42 countries. Their weighted average lease term remaining (WALT) at the center is approximately 3.6 years. Both tenants have at least one, 5-year option remaining with increases in each option.The asset sits at the northern most point of Lakewood Ranch, an award-winning master planned community in Bradenton, Florida. Lakewood Ranch is in southern Manatee County and extends south into Sarasota County, running from State Road 64 to the north, Fruitville Road to the south, Interstate 75 to the west, and approximately 7 miles east of the interstate to Bournside Boulevard. The community covers 31,000 acres and is home to more than 35,000 residents.This asset provides investors with an opportunity to acquire a fully stabilized, cash- flowing asset with strong national and regional tenants, and the ability to increase cash flow through option periods and renewals.

• Sale Type    Investment NNN
• Property Type    Retail
• Property Subtype    Freestanding Freestanding General Retail Bank General Retail Fast Food Freestanding
• Building Size    4,540
• Building Class    B
• Year Built    2020
• Price    3,320,760
• Price Per SF    731
• Cap Rate    5
• NOI    166,038
• Percent Leased    100
• Tenancy    Multiple
• Building Height    1 Story
• Building FAR    0.08
• Land Acres    1.24 AC

• Signage