INVESTMENT PROPERTY FOR SALE. CVS NNN Ground Lease & Real Estate 3520 Laurel Road East, Venice, FL Presented By:

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1 INVESTMENT PROPERTY FOR SALE CVS NNN Ground Lease & Real Estate 3520 Laurel Road East, Venice, FL Presented By: MICHELE FULLER MATT KEZAR x x111

2 Executive Summary RENT SCHEDULE TERM INCREASES ANNUAL RENT MONTHLY RENT Years 1-25 None $185, $15, Years (Option 1) 5% $194, $16, Years (Option 2) 5% $204, $17, Years (Option 3) 5% $214, $17, Years (Option 4) 5% $225, $18, Years (Option 5) 5% $236, $19, Years (Option 6) 5% $248, $20, PROPERTY SUMMARY Sale Price: $3,600,000 Cap Rate: 5.15% Rent Per Month / SF: $15, / $14.37 Rentable Square Feet: 13,600 Land Area - CVS/Vacant Land: 4,03 +/- Acres Parking Spaces: 62 Credit Rating / Stock Symbol: S&P: BBB+ / "CVS" Guarantor: CVS Health Corporation Ownership Type: Fee Simple Lease Type: NNN Landlord Responsibilities: None Store Closed: Closed with CVS Guaranty Lease Term Remaining: 17 years Rent Commencement: April 2008 INVESTMENT HIGHLIGHTS CVS NNN Ground Lease 17 years remaining on original lease with six 5-year options to renew. 5% increase with each renewal Located directly off I-75 on Laurel Road in the City of Venice Rapidly growing population & strong demographics - highest growth area in south county Zoning: CHI (Commercial Highway Interchange) Both parcels total 4.03 acres: CVS Acres; Vacant land Acres COMMISSION STRUCTURE Buyer's Agent to be paid by Buyer. 2

3 Property Details PROPERTY NAME: CVS Ground Lease & Real Estate For Sale PROPERTY ADDRESS: 3520 Laurel Rd E, Nokomis (City of Venice), FL PROPERTY TYPE: Retail Building APN: GROSS BUILDING AREA: ZONING: 12,946 SF on 1.69 Acres (73,715 SF) CHI - Commercial Highway Interchange YEAR BUILT: 2010; effective year 2012 NUMBER OF STORIES: 1 FOUNDATION: WALLS: ROOF: Concrete slab Masonry, Block & Stucco Built-up tar & gravel low pitch shed roof 3

4 Section: Confidential Offering Memorandum Additional Photos 4

5 Tenant Overview 5

6 LOCATION INFORMATION Confidential Offering Memorandum Regional Map 6

7 Confidential Offering Memorandum Vicinity Map 7

8 Map of Parcels & Survey 8

9 Demographic Information 9

10 Market Overview Located on the Gulf of Mexico Venice, Florida Sarasota only 30 minutes north 10

11 Contact 1 & Bio MICHELE FULLER Sales Agent/Partner 1 South School Avenue Sarasota, FL T x104 C michele@ian-black.com Professional Background Michele Fuller joined Ian Black Real Estate in 2009 bringing her extensive expertise and market savvy to one of the most reputable commercial real estate brokerage firms in Florida. Michele was invited to become a partner of the firm in Her commercial real estate career began in 1999 with Coldwell Banker where she quickly became one of the most successful commercial agents worldwide. Her real estate experience encompasses the office, retail, industrial and land sectors of the commercial market. Michele is involved in a variety of development and investment transactions and exhibits the deep market knowledge and the tenacity required to guide challenging transactions to successful closure. Michele Fuller grew up in Asia primarily India, Nepal and surrounding countries. She completed her formal education in the United States and began exploring the New England area. Her entrepreneurial spirit led Michele to Martha's Vineyard, where she owned and operated a boutique hotel for 8 years. In 1998, Michele found herself in Sarasota, where she decided to stay and pursue a career in commercial real estate. Michele has two children and enjoys traveling, skiing and the arts. Memberships & Affiliations National, Florida and Sarasota/Manatee Associations of Realtors ICSC Sarasota Commercial Investment Division Sarasota & Manatee Chambers of Commerce Education CCIM Candidate 11

12 Contact 2 & Bio MATT KEZAR Broker Associate Professional Background Matt Kezar joined Ian Black Real Estate in May 2016 as a Broker Associate with extensive experience in commercial real estate acquisition, entitlement, development, sales, and leasing. A Tampa Bay native, Matt enjoyed a military education and career before actively pursuing real estate development. Through his involvement as Vice President at MBK Real Estate Services, Inc., Executive Vice President at Corvus International, a Partner of The Bennett Group, and Principal of Blackrock Development Holdings, Matt honed a wide range of skills and the ability to perform on complex projects. Matt was recognized by the Gulf Coast Business Review as a Top 40, Under 40 Business Leader in the Tampa Bay area. 1 South School Avenue Sarasota, FL T x111 C F matt@ian-black.com Memberships & Affiliations National, Florida and Sarasota/Manatee Associations of Realtors Sarasota/Manatee Chambers of Commerce Director - Open Doors Foundation Former Board member - Boys & Girls Club of Manatee County Bradenton Yacht Club Our Daily Bread Soup Kitchen Matt was also selected to the President s Council of the Manatee County Economic Development Council Education Matt is a West Point Graduate who earned a BS Degree in Engineering & Management, was a Commissioned Officer and Brigade Environmental Officer in the United States Army and completed training in the US Army Airborne and Nuclear, Biological & Chemical Warfare Schools. 12