Lockheed Martin 1700 Broadway 20 500 pi² Bureau Immeuble Riviera Beach, FL 33404 8 645 211 $ CAD (421,72 $ CAD/pi²) 5,50% Taux de capitalisation

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase a freestanding single tenant Lockheed Martin investment property located at 1700 Broadway in Riviera Beach, Florida (the “Property”). Lockheed Martin has been at this location since 2004 and recently exercised a renewal option, demonstrating its commitment to the site and the market. Lockheed Martin has 3+ years remaining on its double-net lease with three (3), 5-year renewal options. The lease features attractive 2% annual rent increases throughout the primary lease term and each of the renewal options. Lockheed Martin occupies a prominent position along Broadway (U.S. Route 1), a major commercial and commuter corridor in the Riviera Beach area. The Property benefits from exceptional frontage and visibility and is located approximately 600 feet from the Riviera Beach Intracoastal Waterway. The site is also just 0.6 miles from the Port of Palm Beach and Blue Heron Boulevard (Jimmy Buffett Memorial Highway), which provides direct access between the mainland and Singer Island. The surrounding area features a mix of national retailers and restaurants, light industrial properties, and several marinas that contribute to steady activity and traffic throughout the corridor. Nearby densely populated residential neighborhoods provide access to a strong local workforce. The Property also offers convenient connectivity to major regional roadways, including Interstate 95 and is located near area schools and key healthcare facilities, including HCA Florida JFK North Hospital and St. Mary’s Medical Center, both within three miles of the site.