Huntington National Bank

Investment Overview

Investment Highlights

• Brand New 10-Year Absolute NNN Lease - New lease commencing September 1, 2026, offering long-term security with zero landlord responsibilities, making it a passive investment.
• Long – Term Tenant Occupancy – Tenant has occupied the location for over 45 Years.
• Investment Grade Tenant -Leased to The Huntington National Bank, a nationally recognized financial institution with over 1,000 locations and strong Midwest presence, providing stable and reliable income.
• True Passive Income (Absolute NNN) - Tenant is responsible for roof, structure, HVAC, taxes, insurance, and CAM, eliminating operational risk for ownership.
• Built-In Rent Growth - Attractive 10% rent increase in the extended term along with multiple renewal options, providing long-term income upside.
• Strong Renewal Optionality - Three (3) additional 5-year renewal options, extending potential lease term through 2051 and enhancing long-term value.
• High-Visibility Location with Strong Traffic Counts - Positioned along Bristol Road with ~22,000+ VPD and immediate proximity to I-475 with ~45,000+ VPD, driving consistent exposure and accessibility.
• Dense Retail Corridor - Surrounded by national and regional retailers including Kroger, Dollar General, McDonald’s, Tim Hortons, and others, supporting strong consumer traffic and long-term viability.
• Flexible Underlying Real Estate (M-1 Zoning) - M-1 zoning allows for a wide range of commercial and light industrial uses, providing strong residual value and re-tenanting flexibility.
• Proven Location with Established Operating History - Existing 1,853 SF freestanding building (constructed in 1972) with long-standing use, reducing development risk and supporting continued tenancy.