Strong demographic profile: 139,000+ people reside within a 5-mile radius of Mandarin Central with five-year population growth trending at nearly 6%. Average Household Incomes in the trade area are well above statewide average, at $93,000

Conservative rents with full expense pass-throughs and annual rent increases ensure future upside

Convenient regional location: 10 minutes from the #1 hospital system in the US (Mayo Clinic), 20 minutes to University of Florida, 35 minutes from Jacksonville International Airport, Highway access: Close proximity to I-295, I-95 and I-10

Located within retail hub: Surrounded by top retailers such as Publix, Burlington, Hobby Lobby, Winn-Dixie, Lowe’s and Walmart

Jacksonville MSA: Current population estimate 1.5 million. Jacksonville is the largest city in the state of Florida, the 5th fastest-growing market in America and the #12 best city for young professionals with an abundant, culturally diverse and skilled labor force. The city has a thriving economy and is a growing hub of distinct industries and a nationally-recognized place to do business, with the presence of several Fortune 500 and top companies.