Bonita Springs, FL - Tire Choice

Description:

• Tenant recently executed a brand new 10-year lease extension, demonstrating long-term commitment to the site
• The lease is corporate guaranteed by Monro, Inc. (NASDAQ: MNRO)
• As one of the nation’s largest independent tire dealers, they are experts at fitting and installing the right tires for every type of vehicle
• Part of the Monro, Inc. family of brands, there are over 1,250 stores conveniently located across the United States
• There are 10% rental increases at the beginning of each option period, increasing NOI and hedging against inflation

• Tire Choice is fronting Bonita Beach Road (38,500 VPD) and directly off I-75 (90,000 VPD), providing direct on/off ramp access for travelers
• Outparcel at Bonita Grande Crossing, a 500,000+ SF shopping center anchored by a high-performing Publix
• Direct consumer base with proximity to Worthington Country Club, which has 799 private residences divided amongst 9 subdivisions
• The immediate trade area is supported by several national/credit tenants such as The Home Depot, CVS, Goodwill, Walgreens, and more