•	The lease is corporate guaranteed by Wawa, Inc., an investment grade (Fitch: BBB), nationally recognized, and an established convenience store and gas brand with over 1,040+ locations
•	Brand new 20-year ground lease with 6 (5-year) options to extend, demonstrating their long-term commitment to the site
•	The ground lease features 5% rental increases every 5 years starting in lease year 11 and at the beginning of each option period
•	There are 1,043 Wawa stores in the United States as of January 9, 2024

Offering Memorandum

•	Wawa is strategically located at the signalized, hard corner intersection of N State Road 19 and Reid Street averaging a combined 53,000 VPD
•	The nearby retail developments include Palatka Mall and Town & Country Shopping Center
•	Town & Country Shopping Center ranks in the top 68% of all community shopping centers nationwide
•	Palatka Mall ranks in the top 65% of all strip/convenience centers nationwide
•	The immediate trade area is supported by retailers such as Walmart Supercenter, The Home Depot, Publix, and more
•	Just North of Palatka High School (1,067-students), providing a consumer base from which to draw

Jacksonville (Palatka), FL - Wawa

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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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Jacksonville (Palatka), FL - Wawa

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Patrick Nutt

William Wamble

Jaime Salazar