•	The tenant, Caliber Car Wash, is an experienced car wash operator with
50+ locations in five different states throughout the Southeast as well as multiple future locations currently under development
•	Caliber Car Wash is operating under a 20-year lease with 4 (5-year) options to extend, demonstrating their long-term commitment to the site
•	The lease features 1.25% annual rental increases, growing NOI, hedging against inflation, and increasing return on the investment

Offering Memorandum

•	Within close proximity to multiple national/credit tenants including Walmart, Publix, TJ Maxx, Staples, Wawa, 7-Eleven, and more
•	Strong tenant synergy increases consumer draw to the immediate subject trade area and promotes crossover tenant exposure to the site
•	The asset is located just one mile south of the Indian River Apartments (180 units) and the Palms at Vero Beach (259 units), providing a direct residential consumer base from which to draw

Vero Beach, FL - Caliber Car Wash

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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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Vero Beach, FL - Caliber Car Wash

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Patrick Nutt

William Wamble