•	The tenant has 14 years remaining on an original 15-year ground lease with 3 (5-year) options to extend
•	10% rental increases every 5 years throughout the initial term and at the beginning of each option period, growing NOI and hedging against inflation
•	2024 construction which features high quality materials, distinct design elements, and high-level finishes
•	Wendy’s and its franchisees employ hundreds of thousands of people across over 7,000 restaurants worldwide with a vision of becoming the world’s most thriving and beloved restaurant brand

Offering Memorandum

•	Wendy’s is an outparcel to a Walmart Supercenter and has ideal frontage along S Tamiami Trail (44,500 VPD)
•	Tamiami Trail is the southernmost 284 miles of U.S. Highway 41 from State Road 60 (SR 60) in Tampa to US 1 in Miami
•	There are a handful of new developments underway in Osprey such as Alton Osprey, a 252-unit upscale multifamily project with completion scheduled for early 2026
•	Upon delivery, the luxury community will consist of five three-five story residential buildings spread across 8 acres. Units are set to include one-, two- and three-bedroom layouts, ranging from 740 to 1,492 square feet
•	Just South of Palmer Ranch, a 7,000-acre community with 20,000+ residents and 90+ subdivisions, providing a direct consumer base from which to draw
•	Bay Street now connects to South Palmer Ranch, allowing for additional access to the subject site

Osprey, FL - Wendy's

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<p>Kate Gryboski joined SRS Real Estate Partners in 2024 in the Dallas office as a Marketing Associate. In her role, Kate supports the Capital Markets teams producing high-impact marketing materials. Her goal is to create flyers and offering memorandums that capture attention and drive results, contributing to the growth and success of SRS.</p><p>Kate has a B.S. in strategic communications and a minor in psychology from Texas Christian University. </p>

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Osprey, FL - Wendy's

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Patrick Nutt

William Wamble