| Strong Tenant Credit: Gannet Company, Inc., a trusted and established tenant, anchors the property with secure income. |
| Development-Ready Potential: Immediate value-add development options, with PUD zoning that supports up to 2,975 units for future scalability. |
| Covered Land Play: Investors benefit from stable cash flow through the current lease while planning a transformative redevelopment. |
| Growing Multifamily Market: Lakeland’s rising population and increasing demand for housing create a strong environment for multifamily success. |