High Caliber Operator – The property is anchored Eye Health America – a leading regional ophthalmology operator with 53 locations across Florida, Georgia, and South Carolina.
Long-Term Lease – Approximately 78% of the property’s rentable square footage is leased to Eye Health America which has over eight years of remaining lease term.
NNN Leases – The tenant leases are strategically structured as a NNN with the tenants responsible for all CAM, insurance, and taxes. This makes this investment opportunity ideal for both local and out-ofstate investors.
Above Market Rental Escalators – This investment features 3% annual escalators which is above the national average and also serves as a great hedge against inflation.
Favorable Depreciation – This investment opportunity offers investors the ability to realize material tax savings by realizing bonus
depreciation through a cost segregation analysis. *Investors to confirm with their CPA.
Strong Market – Naples is a highly sought after market within Florida and the property features a five-mile population of 162k and five-mile AHHI of just under $100k.
Tax Free State – Florida is one of nine states with no personal income tax, offering potential tax advantages for investors.
Amortized Cap Ex Reimbursements – Eye Health America’s lease allows for reimbursement of amortized cap ex costs thus allowing investors to realize a recoupment of capital expenditure outlays.
Recent Investment – Edge Wellness has made a substantial $400,000 investment to fully build out their space, underscoring their long-term commitment to the property. In addition, ownership will complete a full parking lot reseal and restripe, ensuring the asset is delivered in pristine, well-maintained condition for the next investor.