IOS POTENTIAL

• The property includes ±2.44 acres of unimproved land that is currently in the final stages of approval for IOS development by the City of Lakeland. This separate parcel may be leased on a NNN basis and sold during the hold period to lower the overall cost basis, or incorporated into the existing deal to materially increase cash flow.

STRATEGIC LOCATION

• Located within Central Florida’s I-4 corridor between the Tampa and Orlando MSAs, offering convenient access to major population centers and business hubs throughout the region. Immediate access to Interstate-4 and the Polk Parkway (SR- 570) allows tenants to efficiently serve local and regional customers, while proximity to Lakeland Linder International Airport supports service, trade, and distribution oriented operations.

STRONG SUBMARKET FUNDAMENTALS

• The Lakeland industrial market continues to benefit from strong demand driven by population growth and expanding service and logistics activity along the I-4 corridor. Limited availability of functional space and rising construction costs have supported rent growth and stable occupancy, while continued industrial development in the area reinforces long-term market strength and investor demand.

DIVERSE TENANT BASE

• The property is occupied by a mix of industries, providing reliable cash flow and reducing exposure to any single user. This tenant diversity reflects ongoing demand for well-located, functional industrial space and helps support long-term operational stability. Staggered lease expirations also create opportunities to capture rent growth and optimize the rent roll over time.

VALUE-ADD OPPORTUNITY

• The property offers multiple avenues to increase cash flow through existing vacancy, near-term lease rollovers, and additional income potential. Vacant space provides immediate upside through lease-up at market rents, while upcoming lease expirations allow for mark-to-market rent growth. Additionally, the IOS land can be developed to generate incremental income and further enhance the property’s overall cash flow.