•	Operating under a 15-year ground lease with 8 (5-year) options to extend, demonstrating their long-term commitment to the site
•	The lease features a corporate signature by Circle K Stores, Inc. (S&P: BBB)
•	The ground lease features 5% rental increases every 5 years and at the beginning of each option period to extend the lease

Offering Memorandum

•	The property is located on the same intersection as a new construction Publix-anchored shopping center, promoting cross-traffic while not being encumbered by any Publix-related use restrictions
•	The Publix is ranked as the number 1 grocer within a 15-mile radius and in the 87th percentile of all Publix stores nationwide (Placer.ai)
•	Adjacent to Crestview Marketplace, a Winn-Dixie anchored shopping center that features Verizon, McDonald’s, and more
•	Less than a mile West of the subject site, there are two new developments underway that will feature 250 apartment units and 165 single family homes (see Page 9 for more details)
•	Next to Davidson Middle School, providing an additional consumer base from which to draw

Crestview, FL - Circle K

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a288X000007VlAQQA0 - 1725896404958 -5

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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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Crestview, FL - Circle K

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William Wamble

Patrick Nutt