495 Fortune Blvd

• STRONG CORPORATE GUARANTEE (PUBLICLY TRADED COMPANY: NYSE ‘PRMB’) – Primo Brands is a leading North American bottled water and beverage solutions provider with more than 200,000 retail outlets and 26,500 retail locations. Primo Brands owns an unmatched portfolio of iconic brands such as; Poland Springs, Arrowhead, Mountain Valley, Pure Life, Saratoga, Sparkletts, and more. Publicly traded on the NYSE (PRMB) with a market cap of $6.87 billion, Primo Brands obtains a strong credit rating of (BB-).
• RECENTLY EXECUTED LONG-TERM LEASE / 3.00% ANNUAL RENT INCREASES – The subject property is secured by a 5-year industrial NNN lease that commenced in Sep 2026 and features attractive 3.00% annual rent increases, providing durable cash flow growth and a strong hedge against inflation.
• RECENT CAPITAL IMPROVEMENTS / INDUSTRIAL NNN LEASE – In connection with Primo Brands new 5-year lease, the property has recently undergone capital improvements/repairs consisting of items such as; parking lot, HVAC and roof, loading area, fencing, lighting, and more. Additionally, the lease structure features a passive industrial NNN lease providing limited landlord responsibilities.
• FUNCTIONAL FACILITY – The ±16,250 SF facility sits on approximately ±2.00 acres with low 18.65% site coverage. Built in 1997 with recent property renovations, the property features ±14,200 SF of warehouse space, ±2,050 SF of office space, two dock-high doors, and one grade-level door.
• STRATEGIC CENTRAL U.S. DISTRIBUTION & LOGISTICS LOCATION – Located just outside Tallahassee, the subject property is strategically positioned just off I-10, one of the nation’s most important east–west transportation corridors and the fourth longest interstate in the U.S. The I-10 supports distribution throughout North Florida, South Georgia, and Southeast Alabama, making the area strategically relevant for last-mile and regional logistics operations.