•	The tenant recently signed a brand new 20-year lease with 4 (5-year) options to extend
•	The lease is corporate signed by CrossAmerica Partners, an established gas station operator with over 1,800 locations
•	The lease features 7.5% rental increases every 5 years and at the beginning of each option, generating NOI and providing a hedge against inflation
•	The site is equipped with 9 Tesla Supercharging stations and features a Burger King operating on the premises

Offering Memorandum

•	The asset is located at the signalized, hard corner intersection of Main Street and Nadia Avenue
•	Directly Off I-10, allowing users to benefit from direct on/off ramp access to the site and surrounding trade area
•	The immediate corridor is supported by surrounding retailers such as Walmart Supercenter, Wendy’s, McDonald’s, Popeyes, and more
•	This Exxon location ranks in the top 92% (438 out of 5,752) of all locations nationwide according to Placer.ai
•	$69,084 average household income within a 1-mile radius
•	45 miles North of Panama City and 84 miles West of Tallahassee

Chipley, FL - CrossAmerica Partners

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<p>Ivy Kwon joined SRS Real Estate Partners in 2017 and is a Senior Marketing Associate in the Newport Beach office. Ivy is responsible for online marketing including social media and email marketing for SRS’ Capital Markets team. She also oversees pipeline management and coordinates events. Before joining SRS, Ivy worked in the entertainment industry doing marketing and merchandising. </p><p>Ivy has a BA degree from Chapman University. </p>

Ivy Kwon

Senior Marketing Associate

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Chipley, FL - CrossAmerica Partners

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William Wamble

Patrick Nutt

Michael Berk