•	22+ years remaining with 3 (5-year) option periods to extend
•	The tenant has confirmed an early extension through the first option period of the lease (see rent roll footer), showing their commitment to this location
•	The lease features 1.50% annual increases years 1-5 with 7.50% rental increases every 5 years and at the beginning of each option period thereafter

Offering Memorandum

•	The subject property is ideally located at the hard, signalized intersection of South Peninsula Ave and Highway A1A
•	New Smyrna Beach is known for having one of Florida’s most beautiful beaches, intercoastal waterway, a high degree of safety and several commercial areas
•	From 2010-2023 there has been a population growth rate of 2.7%

New Smyrna Beach, FL - Dunkin'

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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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New Smyrna Beach, FL - Dunkin'

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Patrick Nutt

William Wamble