Royal Oaks Shopping Center

• Located in Valrico, on the east side of the rapidly growing Tampa Bay MSA boasting a thriving economy, very low unemployment, some of the nation’s best beaches, and renowned as a top travel destination
• Crunch Fitness boasts phenomenal foot traffic data, ranking #7 of 440 Crunch locations nationally (top 1%)
• Paying below market rent in a robust retail node, encircled by tier 1 grocers
• Proven, national credit anchor base comprised of Crunch Fitness and Harbor Freight Tools
• Two expanding retailers which comprise over 52% of the overall tenant roster
• Situated within a regional essential needs retail and medical nucleus in Valrico
• Adjacent to Walmart Supercenter, Sprouts, Publix, Whole Foods (coming soon), and PetSmart, as well as BayCare HealthHub
• 4.56% CAGR – compelling opportunity for NOI growth at the Property
• Via existing shop rents which are an average of 23% below market
• Roughly 64% national retail tenant roster with predominantly e-commerce resistant shops
• Strategically situated at the high traffic intersection of Lithia Pinecrest Road and Bloomingdale Avenue
• Accessing a strong combined traffic count of 64,800± VPD
• Ancillary national outparcel draws count Wawa, Dunkin, Speedway, Verizon, Fifth Third Bank, Express Oil Change, and SunCoast Credit Union
• Affluent, growing trade area demographics
• Underscored by 188,360 people within a 5-mile radius, an Avg. HH Income of $135K within three miles, and a projected annual growth rate of 1.5% within one mile