2358 Gunn Hwy, Odessa, FL 33556, USA

STRATEGIC LOCATION
• The property is located in Odessa, FL (Tampa Bay MSA), one of the fastest growing submarkets in the country.
• The asset is located on Gunn Highway, a primary thoroughfare that connects Carrollwood to Citrus Park and Odessa, with an AADT of 18,500.
• The property is located just south of State Road 54, a primary east-west thoroughfare with an AADT of 65,000.
• The center is located less than 1 mile from Odessa Elementary School, an A-Rated school for 11 of the past 12 years with nearly 1,000 students enrolled.

DESIRABLE DEMOGRAPHICS
• 28,128 population within a 3-mile radius
• $160,503 average household income within a 3-mile radius

NATIONAL TENANT
• In 2018, Golden Gate Capital acquired The Learning Experience from the Weissman family. Golden Gate Capital is a San Francisco-based private equity firm
with approximately $20 billion in cumulative committed capital.
• Golden Gate Capital’s holdings have included brands such as Bob Evans, California Pizza Kitchen, Eos Airlines, Eddie Bauer, Herbalife, J. Jill, Macaroni Grill, Mavis Tires, Pacsun, and Tidal Wave Auto Spa.
• The Learning Experience has over 600 sites either open or under development, allowing it to become the nation’s fastest growing and #1 child care franchise.

STABLE CASH FLOW WITH MINIMAL LANDLORD RESPONSIBILITIES
• The Learning Experience recently signed a new, 17-year lease with two (2) 5-year options to extend. The lease includes 12% rental increases every 5 years throughout the initial term and option periods.
• The Learning Experience has a NN+ lease, where the tenant reimburses for CAM expenses, taxes, and property insurance.
• New construction lowers the likelihood of capital improvements needed to be funded by Landlord. This asset is an ideal, low-management investment for a passive investor in a state with no state income tax.