Property Highlights
• Extremely rare 20 year RaceTrac ground lease offering
• Corporate guarantee from RaceTrac Petroleum Inc.
• Recession and e-commerce resistant asset class
• Large parcel with high intrinsic land value
• Outparcel to Botanica, a new mixed-use development anchored by a 24-Hour Walmart Supercenter and 900 residential units
• 10% rent increases every 5 years beginning in year 6 provide hedge against inflation
• 4.93% average return over the initial lease term
• Completely passive investment with no landlord maintenance obligations
• Infill market with high barriers to entry and AHHI of over $87,000 within 3 miles
• SW 152nd St. carries 60,000 cars per day and is a major retail thoroughfare with connectivity to the FL Turnpike
• Florida has no state income tax