SOLD – ALDI

•ALDI acquisition of Southeastern Grocers, the parent company of Winn-Dixie, closed March 8, 2024

•Absolute NNN Lease

•Grocer has 27 years of operating history at this location

•11-Year Lease Term

•ALDI Corporate guaranteeing the lease

•$2,800,000 invested into the interior & exterior by Winn-Dixie in 2023

•6% Rent Escalation in each option

•Five, 5-Year options remaining

•Potential to carveout a +/- .28 acre outparcel included in sale

•Above average 2023 Winn-Dixie sales @ $428psf/ $18,600,342

•2.26% Tenant health ratio in 2023

•Sales growth annually

•Income Tax Free State

•Tampa MSA Population – 3,150,000

•Located on major commercial corridor

•Massachusetts Ave. has a traffic count of 14,453 ADT

•Outparcel opportunity to sell or develop for an investor