| Long-Term NNN Lease with Recent Extension: New 10-year lease extension with K9 Resorts |
| Demonstrated Long-Term Commitment to the Location: The tenant originally occupied the space in April 2022 and has since renewed and extended its lease |
| Expanding National Operator: Luxury Pet Hotel Investments, LLC is the largest franchisee for K9 Resorts |
| Prime Wellington Submarket: Located in one of Palm Beach County’s most affluent and highly desirable areas with strong household income levels |
| Growth & Development Tailwinds: The property benefits from substantial ongoing investment throughout Wellington |
| Strong Real Estate Fundamentals: Well maintained building on more than one acre of land in a supply constrained, high income suburban market |