5167 San Blas St
Milton, FL 32583

NO STATE INCOME TAX Florida is one of only seven states that does not tax individual wage income. NEW UPGRADED CONSTRUCTION Brand New 9,100 SF Build to Suit Dollar General with upgraded façade in Milton (Pensacola MSA), FL. Scheduled delivery June 2017 LONG TERM CORPORATE ABSOLUTE NNN LEASE The subject property has a brand new 15-year Corporate Guaranteed Lease with Dollar General. The Tenant is 100% responsible for all expenses, including roof, structure, taxes, insurance and common area maintenance. RENT INCREASES There are 10 percent rent increases in each of the four, 5-year option periods. PENSACOLA MSA The subject property is well located off of I-10 (51,000 VPD) less than ten minutes from Pensacola, Florida. The five mile population has grown nearly 35% since 2000, and the average household incomes are over $66,000. Pensacola is the westernmost city in the Florida Panhandle, and the county seat of Escambia County. The city's economy is anchored by the military and tourism sectors. The Department of Defense contributes in excess of $7.8 Billion to the local economy, including more than 27,600 uniformed and civilian jobs. Pensacola's beautiful, sunny beaches, historic tours, special events and festivals drew nearly two million visitors to the city and generated nearly $1 Billion in 2015.