Hardee's OM

The information contained in this marketing brochure is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from Commercial Integrity, NW and should not be made available to any other persons or entities without written consent of Commercial Integrity, NW. The information contained herein has been prepared to provide summary, unverified financial and physical information to prospective purchasers to establish a preliminary level of interest in the Subject Property. THE INFORMATION CONTAINED HEREIN SHALL NOT BE A SUBSTITUTE FOR A T HO R OU GH DUE DI LIGENCE I NV ESTIGATION.

Commercial Integrity, NW has not made any investigation, and makes no warranty or representation with respect to the income or expense for the Subject Property, the future projected financial performance of the Subject Property, the size or square footage and improvements, the presence or absence of contaminating substances, PCBs or asbestos, the compliance with local, state and federal regulations, the physical condition of the improvements thereon, or financial condition or business prospects of any tenant, or any tenant’s plan or intentions to continue to occupy the Subject Property. The information contained herein has been obtained from sources we believe to be reliable; however, Commercial Integrity, NW has not verified and will not verify, any of the information contained herein, nor has Commercial Integrity, NW conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All potential purchasers must take appropriate measures to verify all of the information set forth herein.

A TOP P E R F ORMING H AR D E E ' S L OCATIO N IN JAC KS ON V IL LE + DUVAL COUNT Y (BAS E D ON AI - ANALYTIC S F ROM A L

PHAMAP S )

$2,300,000 6 % C A P

H AR DEE' S

4,213 SF $2,300,000 39,876 SF 0.92 ACRES Retail 1994/2005

Masonry

36 Spaces, 9/1,000 SF

Hardee's (NNN Tenant in place)

Hardee's has been here since 1994/1995 and corporate signed a brand new 20 year absolute NNN lease in 2012 providing its commitment to the hard-corner locaiton.

Ease of Access

Situated just off exit 22 from I-295's 78,327+ VPD. This property has 2 ingress /egress offering access from both Commonwealth Ave.'s 21,929+ VPD and Sumac Road's 2,292+ VPD.

Top Performing Location*

This is one of 11 Hardee's locations in the city ofJacksonville which serves over 902,488+ population. This Hardee's ranks #1 in the city of Jacksonville as well as Duval County, and ranks #16 in the State of Florida. (Based on AI Analytics - Alpha Maps)

Proximity to Downtown Retail

This asset sits on a hard corner, on one of the main arterial thoroughfares connecting I-295 to Jacksonville's downtown shopping and entertainment: St. Johns Town Center (outdoor mall features 150 retailers), The Avenues (more than 1.1 million square feet of shopping), and River City Marketplace(outdoor shopping and dining destination on the water) located less than 10 miles away.

Education

Duvall County holds the 20th largest school district in the nation, home to over 197 schools. This district boasts129,000+ students and 12,000+ employees.*

Serving a Military Hub

Jacksonville is a major military and civilian deep-water port. The subject property is available to multiple military facilities, and with Naval Submarine Base Kings Bay nearby gives Jacksonville the third largest military presence in the country. According to the Florida Trend Publication, Jacksonville and NE Florida are home to about 75,000 active duty, reserve and civilian personnel.

Property located in an Opportunity Zone

Investing in real estate within an opportunity zone can offer distinct advantages. Opportunity zones are designated areas that aim to stimulate economic development by providing tax incentives to investors. One advantage is the potential for significant tax benefits, including the deferral and reduction of capital gains taxes. By directing capital into these zones, investors can not only contribute to the revitalization of underserved communities but also enjoy potential appreciation in property values over time.

Real Estate Taxes

In addition to base rent, Tenant shall pay 100% of all real property taxes and assessments levied, assessed or imposed during the Term upon the Property.

Insurance

In addition to base rent, Tenant shall pay 100% of all costs of insurance required by Landlord. Tenant shall procure and maintain Fire and Public Liability Insurance.

Utilities

Tenant is solely responsible for provision and payment of all water and sewer facilities, gas and electrical services including heat and light, garbage collection, recycling, all other facilities and utility services used by Tenant.

Tenant R&M

Tenant is solely responsible for provision and payment of all repairs and replacement including structural and nonstructural, ordinary and extraordinary, necessary to maintain the building.

PROPERTY

6680 COMMONWEALTH AVE Tenant

HARDEE'S Lease

7/1/21 - 6/30/32

10% Rent Escalations

Every 5 years with four (4)five (5)-year options

LEASED AREA

4,213 SF Exclusive Use For Restaraunt

Expense CAP

Administrative charge not to exceed 10% of operating expenses & direct admin costs.

$137,883.00

Annual Rent

RANKING PROVI D ED BY A L PHAMAP S

HARDEE' S

3,800 + FOUNDED 194 1 FRANKLIN, TN

LOCATIONS

REVENUE 16.68+K

ING

, T H E S UBJEC T PROPER T Y HAS AN AVERAGE F OO T TRAFF I C O F 6 2,00 0 + PER MONT H , YT D

21,929 21,929+ VPD

COMMONWEALTH AVE

FIDELITY NATIONAL FINANCE

WELLS FARGO CENTER

TIAA FINANCIAL CENTER

BANK OF AMERICA FINANCIAL CENTER

DOWNTOWN JACKSONVILLE

JACKSONVILLE CENTER FOR PERFORMING ARTS

FLORIDA BLUE

HASKELL KPMG

220 ' ro a d fro n ta

170' road frontage along Commonwealth Ave

21,929+ VPD COMMONWEALTH AVE

ABOUT JACKSONVILLE, FL

Known as the Flipside of Florida. Jacksonville boasts 22 miles of beaches, year-round sunshine, world-class museums and all the extras you’d expect from a city this size, but Jacksonville offers a different take on the basics This city prides itself as being a little bit country, and a whole lot of (Southern) rock n ’ roll. In 2020, Jacksonville, FL had a population of 902k people with a median age of 35.9 and a median household income of $55,531. Between 2019 and 2020 the population of Jacksonville, FL grew from 890,467 to 902,488, a 1.35% increase and its median household income grew from $54,701 to $55,531, a 1.52% increase. Jacksonville has one of the most diversified industry bases in Florida, which makes the economy more resilient to ups and downs in any one sector than other major metropolitan areas in Florida (that are generally dependent on retail and tourism-related industries). While all types of businesses can find success in Jacksonville, the following seven sectors are targeted industries of the Office of Economic Development – Advanced Manufacturing, Aviation and Aerospace, Finance and Insurance, Headquarters, Information Technologies, Life Sciences and Logistics and Distribution. These industries are targeted because there is an existing strong cluster of companies, the potential for growth for these industries is high and Jacksonville possesses advantages which are especially attractive to these industries.