Royal Oak Office Spaces for Lease - Sept 2018

Transcription

1 Royal Oak Office Spaces for Lease - Sept 2018

2 150 W 2nd St BUILDING Type: Class B Office Tenancy: Multiple Year Built: 2018 RBA: 76,288 SF Floors: 4 Typical Floor: 19,072 SF Construction: Steel LAND Land Area: 0.61 AC Zoning: BI Parcel LEASING Available Spaces: 2,045 SF Available in 1 Space Availability: 2.7% Available; 2.7% Vacant Leasing Company: Etkin LLC Contacts: Josh Suardini (248) AVAILABLE SPACES Floor Suite Use Type SF Avail Flr Contig Bldg Contig Rent Occupancy Term P 2nd 225 Office New 2,045 2,045 2,045 Withheld Vacant 5 Yrs Etkin LLC - Josh Suardini (248) Building Amenities = Building conference room, covered parking, bike lockers, shower facility, walkability score of 88 TRANSPORTATION Parking: 76 Surface Spaces are available; Ratio of 0.99/1,000 SF Walk Score : Walker's Paradise (90) Transit Score : Minimal Transit (0) PROPERTY CONTACTS True Owner: Etkin LLC Recorded Owner: Etkin Acquisition RO, LLC Page 1

3 150 W 2nd St MARKET CONDITIONS Vacancy Rates Current YOY Current Building 2.7% Submarket 2-4 Star 7.5% 0.0% Market Overall 9.5% -1.0% Gross Asking Rents Per SF Current YOY Submarket 2-4 Star $ % Market Overall $ % Submarket Leasing Activity Current YOY 12 Mo. Leased SF 292, % Months On Market mo Submarket Sales Activity Current YOY 12 Mo. Sales Volume (Mil.) $ % 12 Mo. Price Per SF $ % Page 2

4 111 E 3rd St - Royal Oak City Center BUILDING Type: Class A Office Tenancy: Multiple Year Built: Under Construction RBA: 140,000 SF Floors: 6 Typical Floor: 23,000 SF LAND Parcel LEASING Available Spaces: 10, ,000 SF Available in 6 Spaces Availability: 100% Available; 0% Vacant Leasing Company: CBRE, Inc. Contacts: Brendan P. George (248) , Dan C. Morse (248) , Jasper Hanifi (248) AVAILABLE SPACES Floor Use Type SF Avail Flr Contig Bldg Contig Rent Occupancy Term E 1st Off/Ret New 10,000-18,000 18, ,000 $32.00/NNN Jun 2019 Negotiable CBRE, Inc. - Brendan P. George (248) , Dan C. Morse (248) , Jasper Hanifi (248) E 2nd Office New 10,000-25,000 25, ,000 $32.50/TE Jun 2019 Negotiable CBRE, Inc. - Brendan P. George (248) , Dan C. Morse (248) , Jasper Hanifi (248) E 3rd Office New 10,000-25,000 25, ,000 $32.50/TE Jun 2019 Negotiable CBRE, Inc. - Brendan P. George (248) , Dan C. Morse (248) , Jasper Hanifi (248) E 4th Office New 10,000-25,000 25, ,000 $32.50/TE Jun 2019 Negotiable CBRE, Inc. - Brendan P. George (248) , Dan C. Morse (248) , Jasper Hanifi (248) E 5th Office New 10,000-25,000 25, ,000 $32.50/TE Jun 2019 Negotiable CBRE, Inc. - Brendan P. George (248) , Dan C. Morse (248) , Jasper Hanifi (248) E 6th Office New 10,000-22,000 22, ,000 $34.00/TE Jun 2019 Negotiable CBRE, Inc. - Brendan P. George (248) , Dan C. Morse (248) , Jasper Hanifi (248) TRANSPORTATION Parking: 550 Covered Spaces are available; Ratio of 3.92/1,000 SF Airport: 22 minute drive to Detroit City Airport Walk Score : Very Walkable (88) Transit Score : Minimal Transit (0) Page 3

5 111 E 3rd St - Royal Oak City Center PROPERTY CONTACTS Developer: The Boji Group MARKET CONDITIONS Vacancy Rates Current YOY Submarket 3-5 Star 5.7% 1.4% Market Overall 9.5% -1.0% Gross Asking Rents Per SF Current YOY Current Building $34.81 Submarket 3-5 Star $ % Market Overall $ % Submarket Leasing Activity Current YOY 12 Mo. Leased SF 292, % Months On Market mo Submarket Sales Activity Current YOY 12 Mo. Sales Volume (Mil.) $ % 12 Mo. Price Per SF $ % Page 4

6 400 E 3rd St - Parkview Place BUILDING Type: Class A Office Year Built: Proposed RBA: 76,954 SF Floors: 6 Typical Floor: 12,826 SF LAND Land Area: 0.42 AC Zoning: Central Business Parcel EXPENSES PER SF Taxes: $0.03 (2017) LEASING Available Spaces: 6,780-76,954 SF Available in 6 Spaces Availability: 100% Available; 0% Vacant Leasing Company: NAI Farbman Contacts: Lesley Gutman (248) , Sheila Z. Fogarty (248) AVAILABLE SPACES Floor Use Type SF Avail Flr Contig Bldg Contig Rent Occupancy Term E 1st Office New 14,860 14,860 76,954 $35.00/FS TBD Negotiable NAI Farbman - Lesley Gutman (248) , Sheila Z. Fogarty (248) Tremendous Opportunity for Corporate Headquarters Location in Downtown Royal Oak Build to Suit - 35,000-76,953 SF Site Plan Approved but Local Developers Welcome Design Input Signage Rights Available E 2nd Office New 14,803 14,803 76,954 $35.00/FS TBD Negotiable NAI Farbman - Lesley Gutman (248) , Sheila Z. Fogarty (248) Tremendous Opportunity for Corporate Headquarters Location in Downtown Royal Oak Build to Suit - 35,000-76,953 SF Site Plan Approved but Local Developers Welcome Design Input Signage Rights Available E 3rd Office New 14,803 14,803 76,954 $35.00/FS TBD Negotiable NAI Farbman - Lesley Gutman (248) , Sheila Z. Fogarty (248) Tremendous Opportunity for Corporate Headquarters Location in Downtown Royal Oak Build to Suit - 35,000-76,953 SF Site Plan Approved but Local Developers Welcome Design Input Signage Rights Available E 4th Office New 14,803 14,803 76,954 $35.00/FS TBD Negotiable NAI Farbman - Lesley Gutman (248) , Sheila Z. Fogarty (248) Tremendous Opportunity for Corporate Headquarters Location in Downtown Royal Oak Build to Suit - 35,000-76,953 SF Site Plan Approved but Local Developers Welcome Design Input Signage Rights Available Page 5

7 400 E 3rd St - Parkview Place AVAILABLE SPACES Floor Use Type SF Avail Flr Contig Bldg Contig Rent Occupancy Term E 5th Office New 10,905 10,905 76,954 $35.00/FS TBD Negotiable NAI Farbman - Lesley Gutman (248) , Sheila Z. Fogarty (248) Tremendous Opportunity for Corporate Headquarters Location in Downtown Royal Oak Build to Suit - 35,000-76,953 SF Site Plan Approved but Local Developers Welcome Design Input Signage Rights Available E 6th Office New 6,780 6,780 76,954 $35.00/FS TBD Negotiable NAI Farbman - Lesley Gutman (248) , Sheila Z. Fogarty (248) Tremendous Opportunity for Corporate Headquarters Location in Downtown Royal Oak Build to Suit - 35,000-76,953 SF Site Plan Approved but Local Developers Welcome Design Input Signage Rights Available TRANSPORTATION Walk Score : Very Walkable (84) Transit Score : Minimal Transit (0) MARKET CONDITIONS Vacancy Rates Current YOY Submarket 3-5 Star 5.7% 1.4% Market Overall 9.5% -1.0% Gross Asking Rents Per SF Current YOY Submarket 3-5 Star $ % Market Overall $ % Submarket Leasing Activity Current YOY 12 Mo. Leased SF 292, % Months On Market mo Submarket Sales Activity Current YOY 12 Mo. Sales Volume (Mil.) $ % 12 Mo. Price Per SF $ % Page 6

8 326 E 4th St BUILDING Type: Retail Subtype: Storefront Retail/O Year Built: Renov 2017 GLA: 7,340 SF Floors: 2 Typical Floor: 3,670 SF LAND Land Area: 0.23 AC Zoning: CBD Parcel LEASING Available Spaces: 1,250-5,000 SF Available in 1 Space Availability: 68.1% Available; 68.1% Vacant Leasing Company: Colliers International Contacts: Robert L. Badgero (248) , Steven Badgero (248) , Jennifer York (248) AVAILABLE SPACES Floor Use Type SF Avail Flr Contig Bldg Contig Rent Occupancy Term E 1st Office New 1,250-5,000 5,000 5,000 $28.00/NNN Vacant Negotiable Colliers International - Robert L. Badgero (248) , Steven Badgero (248) , Jennifer York (248) Walk Two Blocks to the Heart of Royal Oak. - Ability for Tenant to Influence Design & Material Finishes. TRAFFIC & FRONTAGE Traffic Volume: 2,272 on S Troy St & E 3rd St (2017) 16,300 on E 11 Mile Rd & Williams St (2017) Made with TrafficMetrix Products TRANSPORTATION Airport: 22 minute drive to Detroit City Airport Walk Score : Very Walkable (79) Transit Score : Minimal Transit (0) Page 7

9 326 E 4th St MARKET CONDITIONS Vacancy Rates Current YOY Current Building 68.1% 61.3% Submarket 3-5 Star 8.8% -0.1% Market Overall 6.0% -0.2% NNN Asking Rents Per SF Current YOY Submarket 3-5 Star $ % Market Overall $ % Submarket Leasing Activity Current YOY 12 Mo. Leased SF 204, % Months On Market mo Submarket Sales Activity Current YOY 12 Mo. Sales Volume (Mil.) $ % 12 Mo. Price Per SF $ % Page 8

10 424 E 4th St BUILDING Type: Class B Office Year Built: 2018 RBA: 16,593 SF Floors: 3 Typical Floor: 5,531 SF LAND Land Area: 0.16 AC Zoning: BI Parcel LEASING Available Spaces: 1,000-15,005 SF Available in 3 Spaces Availability: 90.4% Available; 90.4% Vacant Leasing Company: Cushman & Wakefield Contacts: Jarrod Champine (248) , Garrett C. Keais (248) , Michael Spisak (248) AVAILABLE SPACES Floor Use Type SF Avail Flr Contig Bldg Contig Rent Occupancy Term P 1st Off/Ret New 1,000-3,900 3,900 15,005 Withheld Vacant Negotiable Cushman & Wakefield - Garrett C. Keais (248) , Jarrod Champine (248) , Michael Spisak (248) P 2nd Office New 6,052 6,052 15,005 Withheld Vacant Negotiable Cushman & Wakefield - Garrett C. Keais (248) , Jarrod Champine (248) , Michael Spisak (248) P 3rd Office New 5,053 5,053 15,005 Withheld Vacant Negotiable Cushman & Wakefield - Garrett C. Keais (248) , Jarrod Champine (248) , Michael Spisak (248) TRANSPORTATION Parking: 18 Surface Spaces are available; Ratio of 1.07/1,000 SF Airport: 22 minute drive to Detroit City Airport Walk Score : Very Walkable (76) Transit Score : Minimal Transit (0) PROPERTY CONTACTS True Owner: ONExia Inc Recorded Owner: Kinetic Holdings, LLC Page 9

11 424 E 4th St MARKET CONDITIONS Vacancy Rates Current YOY Current Building 90.4% Submarket 3-5 Star 5.7% 1.4% Market Overall 9.5% -1.0% Gross Asking Rents Per SF Current YOY Submarket 3-5 Star $ % Market Overall $ % Submarket Leasing Activity Current YOY 12 Mo. Leased SF 292, % Months On Market mo Submarket Sales Activity Current YOY 12 Mo. Sales Volume (Mil.) $ % 12 Mo. Price Per SF $ % Page 10

12 W 4th St BUILDING Type: Class B Office Tenancy: Multiple Year Built: 1929; Renov 2002 RBA: 63,000 SF Floors: 4 Typical Floor: 16,939 SF Construction: Masonry LAND Land Area: Zoning: 0.39 AC CBD EXPENSES PER SF Taxes: $1.65 (2014) Opex: $4.92 (2012) AMENITIES Bus Line, Commuter Rail LEASING Available Spaces: SF Available in 3 Spaces Availability: 1.2% Available; 1.2% Vacant Leasing Company: Atesian Properties Contacts: Ara Atesian (248) AVAILABLE SPACES Floor Suite Use Type SF Avail Flr Contig Bldg Contig Rent Occupancy Term P LL 110 Office Relet $24.00/+ELEC Vacant 1-5 Yrs Atesian Properties - Ara Atesian (248) P 4th 420 Office Relet $24.00/MG Vacant Negotiable Atesian Properties - Ara Atesian (248) Single office approximately 12' X 16'. Hardwood floors. Great location in downtown Royal Oak. Note: This office does not have windows P 4th Office Relet $24.00/MG Vacant 1-5 Yrs Atesian Properties - Ara Atesian (248) TRANSPORTATION Airport: 23 minute drive to Detroit City Airport Walk Score : Very Walkable (85) Transit Score : Minimal Transit (0) Page 11

13 W 4th St PROPERTY CONTACTS True Owner: Atesian Properties Recorded Owner: 301 Fourth LLC Prior True Owner: Slater Management Corporation Property Manager: Slater Management Corporation MARKET CONDITIONS Vacancy Rates Current YOY Current Building 1.2% 1.2% Submarket 2-4 Star 7.5% 0.0% Market Overall 9.5% -1.0% Gross Asking Rents Per SF Current YOY Current Building $ % Submarket 2-4 Star $ % Market Overall $ % Submarket Leasing Activity Current YOY 12 Mo. Leased SF 292, % Months On Market mo Submarket Sales Activity Current YOY 12 Mo. Sales Volume (Mil.) $ % 12 Mo. Price Per SF $ % Page 12

14 209 W 6th St BUILDING Type: Class C Office Tenancy: Multiple Year Built: 1990 RBA: 12,200 SF Floors: 2 Typical Floor: 6,100 SF Construction: Masonry LAND Land Area: 0.23 AC Zoning: CB, Royal Oak Parcel EXPENSES PER SF Taxes: $4.44 (2017) LEASING Available Spaces: 6,100-12,200 SF Available in 2 Spaces Availability: 100% Available; 100% Vacant Leasing Company: Colliers International Contacts: Clint Confer (248) , Gary Grochowski (248) , Bryan Barnas (248) AVAILABLE SPACES Floor Use Type SF Avail Flr Contig Bldg Contig Rent Occupancy Term E 1st Office Relet 6,100 6,100 12,200 $31.00/+ELEC Vacant Negotiable Colliers International - Clint Confer (248) , Gary Grochowski (248) , Bryan Barnas (248) Newer Construction. 12,200 SF Office Building in the heart of Downtown Royal Oak. Creative and Open Atmosphere. Onsite Parking and Adjacent to Two Municipal Lots. Walkable to Retailers, Restaurants and Nightlife - Walk Score 85. Building Signage Available. E 2nd Office Relet 6,100 6,100 12,200 $31.00/+ELEC Vacant Negotiable Colliers International - Clint Confer (248) , Gary Grochowski (248) , Bryan Barnas (248) Newer Construction. 12,200 SF Office Building in the heart of Downtown Royal Oak. Creative and Open Atmosphere. Onsite Parking and Adjacent to Two Municipal Lots. Walkable to Retailers, Restaurants and Nightlife - Walk Score 85. Building Signage Available. TRANSPORTATION Parking: 6 free Surface Spaces are available; Ratio of 0.49/1,000 SF Walk Score : Very Walkable (85) Transit Score : Minimal Transit (0) PROPERTY CONTACTS True Owner: Larry Farida Recorded Owner: Chase Ivanhoe LLC Prior True Owner: Commercial Joint Development Inc Page 13

15 209 W 6th St MARKET CONDITIONS Vacancy Rates Current YOY Current Building 100% 100% Submarket 2-4 Star 7.5% 0.0% Market Overall 9.5% -1.0% Gross Asking Rents Per SF Current YOY Current Building $32.51 Submarket 2-4 Star $ % Market Overall $ % Submarket Leasing Activity Current YOY 12 Mo. Leased SF 292, % Months On Market mo Submarket Sales Activity Current YOY 12 Mo. Sales Volume (Mil.) $ % 12 Mo. Price Per SF $ % Page 14

16 333 W 7th St - The Lafayette Building BUILDING Type: Class C Office Tenancy: Multiple Year Built: 1925; Renov 1998 RBA: 42,000 SF Floors: 3 Typical Floor: 14,000 SF Construction: Reinforced Concrete LAND Land Area: Zoning: 0.98 AC Commercial EXPENSES PER SF Taxes: $1.59 (2014) LEASING Available Spaces: 800-2,450 SF Available in 4 Spaces Availability: 13.8% Available; 13.8% Vacant Leasing Company: Atesian Properties Contacts: Ara Atesian (248) AVAILABLE SPACES Floor Suite Use Type SF Avail Flr Contig Bldg Contig Rent Occupancy Term P 1st 140 Office Relet $22.00/MG Vacant 3-5 Yrs Atesian Properties - Ara Atesian (248) Updated office building in downtown Royal Oak. Professionally managed. Parking structure located one block from building. Suites have loft style build outs. Located on the corner of Seventh and Lafayette. Calm surroundings with all the benefits of being downtown P 1st 110 Office Relet 1,100 1,100 1,100 $21.00/MG Vacant 1-5 Yrs Atesian Properties - Ara Atesian (248) P 1st 180 Office Relet 1,450 1,450 1,450 $22.00/MG Vacant 1-5 Yrs Atesian Properties - Ara Atesian (248) Nice layout with windows, two private offices, reception area, and kitchen. P 2nd 270 Office Relet 2,450 2,450 2,450 $24.00/MG Vacant 3-5 Yrs Atesian Properties - Ara Atesian (248) TRANSPORTATION Parking: 50 free Surface Spaces are available; Ratio of 1.19/1,000 SF Airport: 23 minute drive to Detroit City Airport Walk Score : Very Walkable (82) Transit Score : Minimal Transit (0) Page 15

17 333 W 7th St - The Lafayette Building PROPERTY CONTACTS Recorded Owner: Delta Contracting Group Inc MARKET CONDITIONS Vacancy Rates Current YOY Current Building 13.8% 6.4% Submarket 2-4 Star 7.5% 0.0% Market Overall 9.5% -1.0% Gross Asking Rents Per SF Current YOY Current Building $ % Submarket 2-4 Star $ % Market Overall $ % Submarket Leasing Activity Current YOY 12 Mo. Leased SF 292, % Months On Market mo Submarket Sales Activity Current YOY 12 Mo. Sales Volume (Mil.) $ % 12 Mo. Price Per SF $ % Page 16

18 928 E 11 Mile Rd BUILDING Type: Class B Office Tenancy: Single Year Built: 1924; Renov 2015 RBA: 1,925 SF Floors: 2 Typical Floor: 1,925 SF LAND Land Area: 0.11 AC Zoning: BI Parcel EXPENSES PER SF Taxes: $3.44 (2017) LEASING Available Spaces: 1,925 SF Available in 1 Space Availability: 100% Available; 100% Vacant Leasing Company: Century 21 Town and Country Contacts: Polina Peach (248) AVAILABLE SPACES Floor Use Type SF Avail Flr Contig Bldg Contig Rent Occupancy Term E GRND Off/Ret Relet 1,925 1,925 1,925 $18.70/MG Vacant 3-10 Yrs Century 21 Town and Country - Polina Peach (248) Open concept office or Retail. Two ADA compliant bathrooms, handicapped accessible. Additional 1200 sq ft in waterproofed basement not included in sq ft. All new HVAC,new electrical, windows, bathrooms, kitchen and flooring. Pre-wired for high speed data. Turn key professional office or boutique retail. $3,000/month TRANSPORTATION Airport: 20 minute drive to Detroit City Airport Walk Score : Somewhat Walkable (62) Transit Score : Minimal Transit (0) PROPERTY CONTACTS True Owner: Century 21 Town and Country Recorded Owner: 928 East Eleven Mile Llc Property Manager: Century 21 Town and Country Page 17

19 928 E 11 Mile Rd MARKET CONDITIONS Vacancy Rates Current YOY Current Building 100% 100% Submarket 3-5 Star 5.7% 1.4% Market Overall 9.5% -1.0% Gross Asking Rents Per SF Current YOY Submarket 3-5 Star $ % Market Overall $ % Submarket Leasing Activity Current YOY 12 Mo. Leased SF 292, % Months On Market mo Submarket Sales Activity Current YOY 12 Mo. Sales Volume (Mil.) $ % 12 Mo. Price Per SF $ % Page 18

20 215 S Center St BUILDING Type: Class C Office Tenancy: Multiple Year Built: 1971 RBA: 18,795 SF Floors: 3 Typical Floor: 6,132 SF Construction: Masonry LAND Land Area: 0.30 AC Zoning: B-1 Parcel EXPENSES PER SF Taxes: $2.23 (2017) AMENITIES Property Manager on Site, Signage LEASING Available Spaces: 4,108-4,900 SF Available in 2 Spaces Availability: 47.9% Available; 21.9% Vacant Leasing Company: NAI Farbman Contacts: Lesley Gutman (248) , Sheila Z. Fogarty (248) AVAILABLE SPACES Floor Use Type SF Avail Flr Contig Bldg Contig Rent Occupancy Term E LL Off/Ret Relet 4,108 4,108 4,108 $9.00/MG Vacant 1-5 Yrs NAI Farbman - Lesley Gutman (248) , Sheila Z. Fogarty (248) Outstanding live, work, play environment in the heart of Downtown Royal Oak Complete exterior remodel with the opportunity to lease cool collaborative space on the street and lower level of the building From 4,108 RSF up to 9,395 RSF available Limited executive and visitor parking on-site Additional metered parking and city deck parking across from the building Close proximity to I-75 and I-696 via either the 11 Mile Road or Main Woodward Avenue interchanges E 3rd Office Relet 4,900 4,900 4,900 $22.50/NNN Dec 2018 Negotiable NAI Farbman - Lesley Gutman (248) , Sheila Z. Fogarty (248) Property Highlights Class A Office Opportunity to Lease Your Own Floor - 4,900 SF Premium Finishes/Abundant Glass Throughout Many Private Offices Making it Ideal for Attorneys, Accountants, Financial Services and More Directly Across from the Center St Parking Deck and Starbucks Walking Distance to all CBD Amenities Building Signage Opportunity Page 19

21 215 S Center St TRANSPORTATION Parking: 15 Surface Spaces are available; Ratio of 1.25/1,000 SF Airport: 22 minute drive to Detroit City Airport Walk Score : Very Walkable (76) Transit Score : Minimal Transit (0) PROPERTY CONTACTS Recorded Owner: CSV Property Company LLC Prior True Owner: Citizens Bank MARKET CONDITIONS Vacancy Rates Current YOY Current Building 21.9% 0.0% Submarket 2-4 Star 7.5% 0.0% Market Overall 9.5% -1.0% Gross Asking Rents Per SF Current YOY Current Building $29.86 Submarket 2-4 Star $ % Market Overall $ % Submarket Leasing Activity Current YOY 12 Mo. Leased SF 292, % Months On Market mo Submarket Sales Activity Current YOY 12 Mo. Sales Volume (Mil.) $ % 12 Mo. Price Per SF $ % Page 20

22 4338 Delemere Blvd Royal Oak, MI Royal Oak Vicinity Submarket BUILDING Type: Class B Office Tenancy: Multiple Year Built: 1963; Renov 2014 RBA: 11,360 SF Floors: 2 Typical Floor: 9,636 SF Construction: Masonry LAND Land Area: 0.52 AC Zoning: Lt. Industrial Parcel EXPENSES PER SF Taxes: $0.93 (2017) Opex: $1.20 (2012-Est) AMENITIES Fenced Lot, Signage LEASING Available Spaces: 1,986-3,972 SF Available in 2 Spaces Availability: 35.0% Available; 35.0% Vacant Leasing Company: Thomas Duke Company Contacts: Dave Tesch (248) AVAILABLE SPACES Floor Use Type SF Avail Flr Contig Bldg Contig Rent Occupancy Term P 1st Office Relet 1,986 1,986 3,972 $15.00/NNN Vacant 5 Yrs Thomas Duke Company - Dave Tesch (248) Complete renovation in Loft style office space, first floor suite and second floor suite available with dedicated entrances. Asking rate reflects each floor available. E 2nd Office Relet 1,986 1,986 3,972 $15.00/NNN Vacant 5 Yrs Thomas Duke Company - Dave Tesch (248) Complete renovation in Loft style office space, first floor suite and second floor suite available with dedicated entrances. Asking rate reflects each floor available. TRANSPORTATION Parking: 21 free Surface Spaces are available; Ratio of 2.64/1,000 SF Airport: 29 minute drive to Detroit City Airport Walk Score : Car-Dependent (44) Transit Score : Minimal Transit (0) Page 21

23 4338 Delemere Blvd Royal Oak, MI Royal Oak Vicinity Submarket PROPERTY CONTACTS True Owner: Barrick Enterprises, Inc. Prior True Owner: Heintz Construction Co Inc MARKET CONDITIONS Vacancy Rates Current YOY Current Building 35.0% 0.0% Submarket 1-3 Star 7.0% -0.3% Market Overall 9.5% -1.0% Gross Asking Rents Per SF Current YOY Current Building $ % Submarket 1-3 Star $ % Market Overall $ % Submarket Leasing Activity Current YOY 12 Mo. Leased SF 292, % Months On Market mo Submarket Sales Activity Current YOY 12 Mo. Sales Volume (Mil.) $ % 12 Mo. Price Per SF $ % Page 22

24 605 W Eleven Mile Rd BUILDING Type: Class C Office Tenancy: Multiple Year Built: 1937 RBA: 3,600 SF Floors: 2 Typical Floor: 1,800 SF Construction: Masonry LAND Land Area: 0.15 AC Zoning: BI Parcel EXPENSES PER SF Taxes: $2.12 (2017) AMENITIES Signage LEASING Available Spaces: 1,100 SF Available in 1 Space Availability: 30.6% Available; 30.6% Vacant Leasing Company: Dominion Real Estate Advisors Contacts: Eric D. Banks, JD (248) X102 AVAILABLE SPACES Floor Use Type SF Avail Flr Contig Bldg Contig Rent Occupancy Term P 2nd Office New 1,100 1,100 1,100 $18.00/MG Vacant Negotiable Dominion Real Estate Advisors - Eric D. Banks, JD (248) X102 Approximately 1,100 SF of second floor office / mixed use space. Space contains five separate rooms with one being a large reception area, depending on use. Includes one bathroom, hallway storage, ample natural lighting, and private rear entrance. Unique to Royal Oak as the space is the only remaining location approved for massage or yoga within the downtown area. Prior use was massage therapy. Current layout is perfect for turn-key massage operation. Landlord is open to new tenant build-out. Walking distance to downtown Royal Oak with heavy traffic count stationed right on W. Eleven Mile Rd. near Woodward Ave. Building signage available. TRANSPORTATION Parking: 20 Surface Spaces are available; Ratio of 5.56/1,000 SF Airport: 22 minute drive to Detroit City Airport Walk Score : Very Walkable (73) Transit Score : Minimal Transit (0) Page 23

25 605 W Eleven Mile Rd PROPERTY CONTACTS True Owner: Aiello Group Recorded Owner: Aiello Holding Llc MARKET CONDITIONS Vacancy Rates Current YOY Current Building 30.6% 30.6% Submarket 1-3 Star 7.0% -0.3% Market Overall 9.5% -1.0% Gross Asking Rents Per SF Current YOY Current Building $18.00 Submarket 1-3 Star $ % Market Overall $ % Submarket Leasing Activity Current YOY 12 Mo. Leased SF 292, % Months On Market mo Submarket Sales Activity Current YOY 12 Mo. Sales Volume (Mil.) $ % 12 Mo. Price Per SF $ % Page 24

26 360 N Main St - Main North BUILDING Type: Class B Office Co Tenancy: Multiple Year Built: 2006 RBA: 57,844 SF Floors: 9 Typical Floor: 6,427 SF Core Factor: 14% Construction: Masonry LAND Land Area: 0.68 AC Zoning: Mixed Parcel EXPENSES PER SF Taxes: $1.23 (2014) AMENITIES On Site Management, Restaurant LEASING Available Spaces: 1,002-4,545 SF Available in 3 Spaces Availability: 9.6% Available; 0% Vacant Leasing Company: Cushman & Wakefield Contacts: Garrett C. Keais (248) , Jarrod Champine (248) AVAILABLE SPACES Floor Suite Use Type SF Avail Flr Contig Bldg Contig Rent Occupancy Term P 4th 410 Office Relet 3,045 4,545 4,545 Withheld 30 Days Negotiable Cushman & Wakefield - Garrett C. Keais (248) , Jarrod Champine (248) P 4th Office Relet 1,500 4,545 4,545 Withheld 30 Days Negotiable Cushman & Wakefield - Garrett C. Keais (248) , Jarrod Champine (248) TRANSPORTATION Airport: 22 minute drive to Detroit City Airport Walk Score : Very Walkable (76) Transit Score : Minimal Transit (0) Page 25

27 360 N Main St - Main North PROPERTY CONTACTS True Owner: Alidade Capital, LLC Recorded Owner: Alidade Main North Llc Prior True Owner: Main Eleven Royal Oak Syndicated Holdings Property Manager: Signature Associates Developer: Joseph Freed & Associates, LLC MARKET CONDITIONS Vacancy Rates Current YOY Current Building 0.0% 0.0% Submarket 2-4 Star 7.5% 0.0% Market Overall 9.5% -1.0% Gross Asking Rents Per SF Current YOY Submarket 2-4 Star $ % Market Overall $ % Submarket Leasing Activity Current YOY 12 Mo. Leased SF 292, % Months On Market mo Submarket Sales Activity Current YOY 12 Mo. Sales Volume (Mil.) $ % 12 Mo. Price Per SF $ % Page 26

28 N Main St - Trailhead - Office & Retail Portion BUILDING Type: Class A Office Tenancy: Multiple Year Built: Under Construction RBA: 55,000 SF Floors: 5 Typical Floor: 11,000 SF Construction: Reinforced Concrete LAND Land Area: 3.25 AC Parcel EXPENSES PER SF Taxes: $1.49 (2013) AMENITIES Bus Line, Signage LEASING Available Spaces: ,500 SF Available in 4 Spaces Availability: 62.3% Available; 0% Vacant Leasing Company: Mid-America Real Estate - Michigan Contacts: Bryan Weiss (248) X124, Tony Schmitt (248) X103 AVAILABLE SPACES Floor Use Type SF Avail Flr Contig Bldg Contig Rent Occupancy Term E 1st Office Sublet ,000 11,000 19,500 Withheld Vacant Negotiable Spaces - Sara Parker (800) Mid-America Real Estate - Michigan - Bryan Weiss (248) X124 Main Street offers a creative working environment in the vibrant Royal Oak community. Spark innovation and collaboration with flexible office and coworking space designed to fit any growing business. Discover new opportunities to connect with like-minded professionals over a tasty cup of coffee or healthy lunch. Enjoy easy access to a variety of shops and restaurants just a stone s thow away from your office. Tap into the exciting energy and kindle your entrepreneurial spirit. Plug into our world and watch your business accelerate. P 2nd Office Sublet 100-8,500 8,500 19,500 Withheld Vacant Negotiable Spaces - Sara Parker (800) Mid-America Real Estate - Michigan - Bryan Weiss (248) X124 Main Street offers a creative working environment in the vibrant Royal Oak community. Spark innovation and collaboration with flexible office and coworking space designed to fit any growing business. Discover new opportunities to connect with like-minded professionals over a tasty cup of coffee or healthy lunch. Enjoy easy access to a variety of shops and restaurants just a stone s thow away from your office. Tap into the exciting energy and kindle your entrepreneurial spirit. Plug into our world and watch your business accelerate. Page 27

29 N Main St - Trailhead - Office & Retail Portion TRANSPORTATION Parking: 144 Surface Spaces are available; Ratio of 2.61/1,000 SF Airport: 22 minute drive to Detroit City Airport Walk Score : Very Walkable (72) Transit Score : Minimal Transit (0) PROPERTY CONTACTS True Owner: CG Emerson Real Estate Group True Owner: Versa Development Recorded Owner: Trailhead RO, LLC Architect: Kreiger Inc MARKET CONDITIONS Vacancy Rates Current YOY Submarket 3-5 Star 5.7% 1.4% Market Overall 9.5% -1.0% Gross Asking Rents Per SF Current YOY Submarket 3-5 Star $ % Market Overall $ % Submarket Leasing Activity Current YOY 12 Mo. Leased SF 292, % Months On Market mo Submarket Sales Activity Current YOY 12 Mo. Sales Volume (Mil.) $ % 12 Mo. Price Per SF $ % Page 28

30 N Main St Royal Oak, MI Royal Oak Area Ind Submarket BUILDING Type: Class C Flex Tenancy: Multiple Year Built: 1932 RBA: 7,500 SF Floors: 1 Typical Floor: 7,500 SF Construction: Masonry LAND Land Area: 0.15 AC Zoning: LC, Royal Oak Parcel EXPENSES PER SF Taxes: $0.53 (2011) LOADING Docks: None Drive Ins: 2 tot./10'w x 12'h Cross Docks: None Cranes: None FEATURES Air Conditioning LEASING Available Spaces: 4,157 SF Available in 1 Space Availability: 55.4% Available; 55.4% Vacant Leasing Company: Landmark Commercial RE Services Contacts: Anthony Vitale (248) AVAILABLE SPACES Floor Suite Use Type SF Avail Flr Contig Bldg Contig Rent Occupancy Term P 1st 1523 Off/Ret Relet 4,157 4,157 4,157 $13.00/NNN Vacant Negotiable Landmark Commercial RE Services - Anthony Vitale (248) TRANSPORTATION Parking: 12 Surface Spaces are available; Ratio of 4.32/1,000 SF Walk Score : Somewhat Walkable (65) Transit Score : Minimal Transit (0) Page 29

31 N Main St Royal Oak, MI Royal Oak Area Ind Submarket PROPERTY CONTACTS Recorded Owner: Oakview Properties Llc MARKET CONDITIONS Vacancy Rates Current YOY Current Building 55.4% 55.4% Submarket 1-3 Star 2.5% 0.7% Market Overall 3.4% 0.3% Asking Rents Per SF Current YOY Current Building $ % Submarket 1-3 Star $ % Market Overall $ % Submarket Leasing Activity Current YOY 12 Mo. Leased SF 400, % Months On Market mo Submarket Sales Activity Current YOY 12 Mo. Sales Volume (Mil.) $ % 12 Mo. Price Per SF $61 9.7% Page 30

32 S Main St S Main BUILDING Type: Class B Office Tenancy: Multiple Year Built: 1993 RBA: 36,000 SF Floors: 2 Typical Floor: 12,000 SF Construction: Masonry LAND Land Area: 0.21 AC Zoning: BI Parcel EXPENSES PER SF Taxes: $1.64 (2014) AMENITIES Bus Line, Signage LEASING Available Spaces: 1,156-5,400 SF Available in 2 Spaces Availability: 18.2% Available; 18.2% Vacant Leasing Company: Berridge & Morrison Contacts: Bob Sheldon (248) AVAILABLE SPACES Floor Suite Use Type SF Avail Flr Contig Bldg Contig Rent Occupancy Term P 1st 100 Office Relet 1,156 1,156 1,156 $15.00/FS Vacant 1-3 Yrs Berridge & Morrison - Bob Sheldon (248) $1,445/Month. Suite 100 & 100A can be combined for a total of 1,833 sq.ft at $2, month including utilities. P 1st 117 Office Relet 5,400 5,400 5,400 $31.00/NNN Vacant Negotiable Berridge & Morrison - Bob Sheldon (248) Located In the Heart of Downtown Royal Oak, surrounded by new developments Formerly Andiamo s Restaurant - Great for Retail or Banking also 5,400 Sq., Feet, corner location Beautiful window line & outside seating Possible to acquire former liquor license Existing valet spot on second street Fire suppression, venting, hood system, heavy power, adequate gas & water lines in place 14 ceiling is possible 850 sq. ft. storage/supply room available in lower level if needed. Lease at $31.00 per sq. ft. NNN Available Immediately TRANSPORTATION Parking: Surface $0.00/mo; Ratio of 1.25/1,000 SF Airport: 18 minute drive to Detroit City Airport Walk Score : Very Walkable (88) Transit Score : Minimal Transit (0) Page 31

33 S Main St S Main PROPERTY CONTACTS True Owner: MD McKenna, LLC Recorded Owner: MD McKenna, LLC MARKET CONDITIONS Vacancy Rates Current YOY Current Building 18.2% 18.2% Submarket 2-4 Star 7.5% 0.0% Market Overall 9.5% -1.0% Gross Asking Rents Per SF Current YOY Current Building $ % Submarket 2-4 Star $ % Market Overall $ % Submarket Leasing Activity Current YOY 12 Mo. Leased SF 292, % Months On Market mo Submarket Sales Activity Current YOY 12 Mo. Sales Volume (Mil.) $ % 12 Mo. Price Per SF $ % Page 32

34 218 S Main St BUILDING Type: Class B Office Tenancy: Multiple Year Built: Proposed RBA: 32,670 SF Floors: 3 Typical Floor: 10,890 SF LAND Land Area: 0.27 AC Zoning: MU Parcel EXPENSES PER SF Taxes: $0.40 (2015) AMENITIES Signage LEASING Available Spaces: 1,200-10,000 SF Available in 2 Spaces Availability: 44.4% Available; 0% Vacant Leasing Company: CRE Development Contacts: Cathy Wilson (248) X4159 AVAILABLE SPACES Floor Use Type SF Avail Flr Contig Bldg Contig Rent Occupancy Term E 2nd Office New 10,000 10,000 10,000 Withheld Vacant Negotiable CRE Development - Cathy Wilson (248) X4159 *Available Spring 2017" New mixed-use development on Main Street in the heart of downtown Royal Oak with convenient access to parking. Approximately 10,900 sq. ft. per floor, totaling 32,670 sq. ft. TRANSPORTATION Parking: Ratio of 0.76/1,000 SF Airport: 22 minute drive to Detroit City Airport Walk Score : Very Walkable (84) Transit Score : Minimal Transit (0) PROPERTY CONTACTS True Owner: Ethos Properties LLC Recorded Owner: Ethos Properties LLC Page 33

35 218 S Main St MARKET CONDITIONS Vacancy Rates Current YOY Submarket 2-4 Star 7.5% 0.0% Market Overall 9.5% -1.0% Gross Asking Rents Per SF Current YOY Submarket 2-4 Star $ % Market Overall $ % Submarket Leasing Activity Current YOY 12 Mo. Leased SF 292, % Months On Market mo Submarket Sales Activity Current YOY 12 Mo. Sales Volume (Mil.) $ % 12 Mo. Price Per SF $ % Page 34

36 S Main St BUILDING Type: Class C Office Tenancy: Multiple Year Built: 1927 RBA: 19,780 SF Floors: 2 Typical Floor: 9,890 SF Construction: Masonry LAND Land Area: 0.16 AC Zoning: BI Parcel EXPENSES PER SF Taxes: $2.16 (2011) AMENITIES Bus Line, Signage LEASING Available Spaces: 2,302 SF Available in 1 Space Availability: 11.6% Available; 11.6% Vacant Leasing Company: Colliers International Contacts: Peter J. Kepic, Jr. (248) , Steven Badgero (248) AVAILABLE SPACES Floor Suite Use Type SF Avail Flr Contig Bldg Contig Rent Occupancy Term P 2nd 302 S M Office New 2,302 2,302 2,302 $23.00/+UTIL Vacant Negotiable Colliers International - Steven Badgero (248) , Peter J. Kepic, Jr. (248) Unique Space Located in the Heart of Downtown Royal Oak Ideal for General Office, Medical Office, etc. Walkable to Over 50 Restaurants and Bars Within Minutes of I-75/I-696 Interchange Starbucks and Freshii on First Floor TRANSPORTATION Parking: Surface $0.00/mo Airport: 22 minute drive to Detroit City Airport Walk Score : Very Walkable (82) Transit Score : Minimal Transit (0) PROPERTY CONTACTS True Owner: Bright Ideas Recorded Owner: Royal Oak LLC Page 35

37 S Main St MARKET CONDITIONS Vacancy Rates Current YOY Current Building 11.6% 11.6% Submarket 1-3 Star 7.0% -0.3% Market Overall 9.5% -1.0% Gross Asking Rents Per SF Current YOY Current Building $24.80 Submarket 1-3 Star $ % Market Overall $ % Submarket Leasing Activity Current YOY 12 Mo. Leased SF 292, % Months On Market mo Submarket Sales Activity Current YOY 12 Mo. Sales Volume (Mil.) $ % 12 Mo. Price Per SF $ % Page 36

38 S Main St BUILDING Type: Retail Subtype: Storefront Tenancy: Multiple Year Built: 1925 GLA: 14,312 SF Floors: 2 Typical Floor: 5,514 SF Docks: None Construction: Masonry LAND Land Area: 0.15 AC Zoning: BI Parcel EXPENSES PER SF Taxes: $1.39 (2017) AMENITIES Bus Line, Signage LEASING Available Spaces: 3,800-4,000 SF Available in 2 Spaces Availability: 54.5% Available; 54.5% Vacant Leasing Company: Bacall Group, LLC Contacts: Eddie Bacall (248) AVAILABLE SPACES Floor Use Type SF Avail Flr Contig Bldg Contig Rent Occupancy Term P 2nd Office Relet 3,800 3,800 3,800 Withheld Vacant Negotiable Bacall Group, LLC - Eddie Bacall (248) TRAFFIC & FRONTAGE Traffic Volume: 779 on E 5th St & Williams St (2017) 6,263 on S Center St & W 4th St (2017) Frontage: 58' on Main St 111' on 5th St Made with TrafficMetrix Products Page 37

39 S Main St TRANSPORTATION Parking: 12 free Surface Spaces are available; Ratio of 0.83/1,000 SF Airport: 22 minute drive to Detroit City Airport Walk Score : Very Walkable (76) Transit Score : Minimal Transit (0) PROPERTY CONTACTS True Owner: Bacall Group, LLC Recorded Owner: Main & Fifth Ventures LLC Prior True Owner: Kramer Properties, LLC MARKET CONDITIONS Vacancy Rates Current YOY Current Building 54.5% 54.5% Submarket 2-4 Star 6.5% 0.3% Market Overall 6.0% -0.2% NNN Asking Rents Per SF Current YOY Submarket 2-4 Star $ % Market Overall $ % Submarket Leasing Activity Current YOY 12 Mo. Leased SF 204, % Months On Market mo Submarket Sales Activity Current YOY 12 Mo. Sales Volume (Mil.) $ % 12 Mo. Price Per SF $ % Page 38

40 600 S Main St - North BUILDING Type: Class B Office Year Built: Proposed RBA: 102,658 SF Floors: 4 Typical Floor: 26,000 SF LAND Land Area: 5.47 AC Zoning: BI Parcel LEASING Available Spaces: 1,500-97,715 SF Available in 4 Spaces Availability: 95.2% Available; 0% Vacant Leasing Company: CORE Partners, LLC Contacts: Eric D. Banks, JD (248) X102 AVAILABLE SPACES Floor Suite Use Type SF Avail Flr Contig Bldg Contig Rent Occupancy Term E 2nd 200 Office New 1,500-26,233 26,233 97,715 Withheld TBD Negotiable Dominion Real Estate Advisors - Eric D. Banks, JD (248) X102 Premier mixed use development Metropolitan Detroit's most central location: minutes from I - 696, I - 75 and M - 1 (Woodward Avenue) Up to 80,000 square feet of class "A" contemporary office space (expandable to 100,000 SF) Up to 20,000 square feet of class "A" retail space (600 Main - North) 4 story office building with ground floor retail (or office) Modern Features include high ceilings, expansive high efficiency windows, balconies, technology and more Large. private roof top terrace on W. 7th Street Fourth floor terrace, open to offices, facing S. Main St. On site modern parking deck cars Safe walkable community with quality neighborhoods and schools Southeast Michigans most walkable urban community (walk score = 87); steps away from public transportation, casual and fine dining, coffee shops, fitness training, boutique retail shopping, banking, theaters, farmers market, and more... Generous build out packages and flexible floor plans E 3rd 300 Office New 1,500-26,233 26,233 97,715 Withheld TBD Negotiable Dominion Real Estate Advisors - Eric D. Banks, JD (248) X102 Premier mixed use development Metropolitan Detroit's most central location: minutes from I - 696, I - 75 and M - 1 (Woodward Avenue) Up to 80,000 square feet of class "A" contemporary office space (expandable to 100,000 SF) Up to 20,000 square feet of class "A" retail space (600 Main - North) 4 story office building with ground floor retail (or office) Modern Features include high ceilings, expansive high efficiency windows, balconies, technology and more Large. private roof top terrace on W. 7th Street Fourth floor terrace, open to offices, facing S. Main St. On site modern parking deck cars Safe walkable community with quality neighborhoods and schools Southeast Michigans most walkable urban community (walk score = 87); steps away from public transportation, casual and fine dining, coffee shops, fitness training, boutique retail shopping, banking, theaters, farmers market, and more... E 4th 400 Office New 1,500-26,233 26,233 97,715 Withheld TBD Negotiable Dominion Real Estate Advisors - Eric D. Banks, JD (248) X102 Premier mixed use development Metropolitan Detroit's most central location: minutes from I - 696, I - 75 and M - 1 (Woodward Avenue) Up to 80,000 square feet of class "A" contemporary office space (expandable to 100,000 SF) Up to 20,000 square feet of class "A" retail space (600 Main - North) 4 story office building with ground floor retail (or office) Modern Features include high ceilings, expansive high efficiency windows, balconies, technology and more Large. private roof top terrace on W. 7th Street Fourth floor terrace, open to offices, facing S. Main St. On site modern parking deck cars Safe walkable community with quality neighborhoods and schools Southeast Michigans most walkable urban community (walk score = 87); steps away from public transportation, casual and fine dining, coffee shops, fitness training, boutique retail shopping, banking, theaters, farmers market, and more... Page 39

41 600 S Main St - North TRANSPORTATION Airport: 22 minute drive to Detroit City Airport Walk Score : Very Walkable (83) Transit Score : Minimal Transit (0) PROPERTY CONTACTS Recorded Owner: City of Royal Oak MARKET CONDITIONS Vacancy Rates Current YOY Submarket 3-5 Star 5.7% 1.4% Market Overall 9.5% -1.0% Gross Asking Rents Per SF Current YOY Submarket 3-5 Star $ % Market Overall $ % Submarket Leasing Activity Current YOY 12 Mo. Leased SF 292, % Months On Market mo Submarket Sales Activity Current YOY 12 Mo. Sales Volume (Mil.) $ % 12 Mo. Price Per SF $ % Page 40

42 905 S Main St - Haberman Fabric's BUILDING Type: Retail Tenancy: Single Year Built: 1958; Renov 2002 GLA: 19,000 SF Floors: 1 Typical Floor: 19,000 SF Docks: None Construction: Masonry LAND Land Area: 1.90 AC Zoning: MU 2 Parcel EXPENSES PER SF Taxes: $2.19 (2017) LEASING Available Spaces: 18,789 SF Available in 1 Space Availability: 98.9% Available; 98.9% Vacant Leasing Company: Colliers International Contacts: Steven Badgero (248) AVAILABLE SPACES Floor Use Type SF Avail Flr Contig Bldg Contig Rent Occupancy Term E 1st Off/Ret Relet 18,789 18,789 18,789 $23.00/+UTIL Vacant Negotiable Colliers International - Steven Badgero (248) Ceiling Height. Loft Style Office & Retail. 1 Drive In Door. 80+ Free Surface Parking Spaces. Walking Distance to Restaurants, Shops and the Downtown Area. TRAFFIC & FRONTAGE Traffic Volume: 334 on E 7th St & S Troy St (2017) 13,487 on S Lafayette Ave & W 7th St (2017) Made with TrafficMetrix Products TRANSPORTATION Parking: 80 free Surface Spaces are available; Ratio of 4.25/1,000 SF Airport: 21 minute drive to Detroit City Airport Walk Score : Very Walkable (88) Transit Score : Minimal Transit (0) Page 41

43 905 S Main St - Haberman Fabric's PROPERTY CONTACTS True Owner: D3 Vibrations Inc Recorded Owner: 9 Zero 5 LLC Prior True Owner: Haberman Fabrics, Inc. MARKET CONDITIONS Vacancy Rates Current YOY Current Building 98.9% 98.9% Submarket 1-3 Star 6.0% 0.4% Market Overall 6.0% -0.2% NNN Asking Rents Per SF Current YOY Submarket 1-3 Star $ % Market Overall $ % Submarket Leasing Activity Current YOY 12 Mo. Leased SF 204, % Months On Market mo Submarket Sales Activity Current YOY 12 Mo. Sales Volume (Mil.) $ % 12 Mo. Price Per SF $ % Page 42

44 1530 Rochester Rd BUILDING Type: Class C Office Tenancy: Multiple Year Built: 1966 RBA: 2,312 SF Floors: 1 Typical Floor: 2,312 SF Construction: Masonry LAND Land Area: 0.30 AC Zoning: BI Parcel EXPENSES PER SF Taxes: $3.40 (2017) LEASING Available Spaces: 2,312 SF Available in 1 Space Availability: 100% Available; 100% Vacant Leasing Company: L. Mason Capitani, Inc. Contacts: Aaron Smith (248) AVAILABLE SPACES Floor Suite Use Type SF Avail Flr Contig Bldg Contig Rent Occupancy Term E 1st 1 Office Relet 2,312 2,312 2,312 $19.95/FS Vacant Negotiable L. Mason Capitani, Inc. - Aaron Smith (248) TRANSPORTATION Parking: 10 free Surface Spaces are available; Ratio of 4.35/1,000 SF Airport: 22 minute drive to Detroit City Airport Walk Score : Somewhat Walkable (63) Transit Score : Minimal Transit (0) PROPERTY CONTACTS Recorded Owner: Kabacinski Nancy Page 43

45 1530 Rochester Rd MARKET CONDITIONS Vacancy Rates Current YOY Current Building 100% 0.0% Submarket 1-2 Star 8.5% -0.9% Market Overall 9.5% -1.0% Gross Asking Rents Per SF Current YOY Current Building $ % Submarket 1-2 Star $ % Market Overall $ % Submarket Leasing Activity Current YOY 12 Mo. Leased SF 292, % Months On Market mo Submarket Sales Activity Current YOY 12 Mo. Sales Volume (Mil.) $ % 12 Mo. Price Per SF $ % Page 44

46 Rochester Rd Royal Oak, MI Royal Oak Vicinity Submarket BUILDING Type: Retail Subtype: Storefront Retail/R Tenancy: Single Year Built: 1988 GLA: 3,100 SF Floors: 1 Typical Floor: 3,100 SF Construction: Masonry LAND Land Area: 0.31 AC Zoning: BI Parcel EXPENSES PER SF Taxes: $2.44 (2017) Opex: $1.10 (2012-Est) AMENITIES Air Conditioning, Signage LEASING Available Spaces: 3,100 SF Available in 1 Space Availability: 100% Available; 0% Vacant Leasing Company: Prime Management Company Contacts: Dan Winter (248) AVAILABLE SPACES Floor Use Type SF Avail Flr Contig Bldg Contig Rent Occupancy Term P 1st Office Relet 3,100 3,100 3,100 $14.00/NNN Vacant 5 Yrs Prime Management Company - Dan Winter (248) See pictures. Exceptional high quality build out throughout of this Royal Oak salon. TRAFFIC & FRONTAGE Traffic Volume: 13,811 on N Main St & Detroit Ave (2017) 19,395 on E 12 Mile Rd & N Campbell Rd (2017) Frontage: 100' on Rochester Rd. (with 1 curb cut) Made with TrafficMetrix Products Page 45

47 Rochester Rd Royal Oak, MI Royal Oak Vicinity Submarket TRANSPORTATION Parking: 14 free Surface Spaces are available; Ratio of 4.52/1,000 SF Airport: 23 minute drive to Detroit City Airport Walk Score : Car-Dependent (30) Transit Score : Minimal Transit (0) PROPERTY CONTACTS Recorded Owner: Faithful Trust Property Manager: Prime Management Company Prior True Owner: Dan Winter MARKET CONDITIONS Vacancy Rates Current YOY Current Building 100% 100% Submarket 1-3 Star 6.0% 0.4% Market Overall 6.0% -0.2% NNN Asking Rents Per SF Current YOY Submarket 1-3 Star $ % Market Overall $ % Submarket Leasing Activity Current YOY 12 Mo. Leased SF 204, % Months On Market mo Submarket Sales Activity Current YOY 12 Mo. Sales Volume (Mil.) $ % 12 Mo. Price Per SF $ % Page 46

48 2520 Rochester Rd Royal Oak, MI Royal Oak Vicinity Submarket BUILDING Type: Class C Office Tenancy: Single Year Built: 1956 RBA: 2,522 SF Floors: 2 Typical Floor: 1,261 SF Construction: Wood Frame LAND Land Area: 0.14 AC Zoning: BI Parcel EXPENSES PER SF Taxes: $1.58 (2017) AMENITIES Signage LEASING Available Spaces: 1,261-2,522 SF Available in 2 Spaces Availability: 100% Available; 0% Vacant Leasing Company: L. Mason Capitani, Inc. Contacts: Aaron Smith (248) AVAILABLE SPACES Floor Use Type SF Avail Flr Contig Bldg Contig Rent Occupancy Term P 1st Office Relet 1,261 1,261 2,522 $16.50/+ELEC Negotiable Negotiable L. Mason Capitani, Inc. - Aaron Smith (248) P 2nd Office Relet 1,261 1,261 2,522 $16.50/+ELEC Negotiable Negotiable L. Mason Capitani, Inc. - Aaron Smith (248) TRANSPORTATION Parking: 4 free Surface Spaces are available; Ratio of 1.59/1,000 SF Airport: 23 minute drive to Detroit City Airport Walk Score : Car-Dependent (30) Transit Score : Minimal Transit (0) PROPERTY CONTACTS Recorded Owner: Ronald K Kischuk Page 47

49 2520 Rochester Rd Royal Oak, MI Royal Oak Vicinity Submarket MARKET CONDITIONS Vacancy Rates Current YOY Current Building 0.0% 0.0% Submarket 1-3 Star 7.0% -0.3% Market Overall 9.5% -1.0% Gross Asking Rents Per SF Current YOY Current Building $ % Submarket 1-3 Star $ % Market Overall $ % Submarket Leasing Activity Current YOY 12 Mo. Leased SF 292, % Months On Market mo Submarket Sales Activity Current YOY 12 Mo. Sales Volume (Mil.) $ % 12 Mo. Price Per SF $ % Page 48

50 3425 Starr Rd Royal Oak, MI Troy Area West Ind Submarket BUILDING Type: Class C Industrial Subtype: Manufacturing Tenancy: Multiple Year Built: 1927; Renov 2016 RBA: 25,317 SF Floors: 1 Typical Floor: 25,317 SF Ceiling Ht: 22' Construction: Masonry LAND Land Area: 1.95 AC Zoning: BI Parcel EXPENSES PER SF Taxes: $2.07 (2017) LOADING Docks: None Drive Ins: 6 tot./10'w x 12'h Cross Docks: None Cranes: None POWER & UTILITIES Power: 1,000a/480v 3p Heavy LEASING Available Spaces: 2,000-7,000 SF Available in 1 Space Availability: 27.6% Available; 27.6% Vacant Leasing Company: Basha Diagnostics, P.C. Contacts: Yahya M. Basha (248) AVAILABLE SPACES Floor Use Type SF Avail Flr Contig Bldg Contig Rent Occupancy Term P 1st Off/Med Relet 2,000-7,000 7,000 7,000 $20.00/+UTIL Vacant Negotiable Basha Diagnostics, P.C. - Yahya M. Basha (248) Services negotiable Build Out negotiable Can also be business office. National tenant Divita shares this building. Services negotiable Beautiful Marble Lobby- Looking for Major Medical tenant or hospital to occupy space. Very Close to the Beaumont Hospital Medical Campus one of the largest in the state. Very Close proximity to all major freeways and Highways, Southfield HWY, I75 and 696 Improvements for make this space office or medical. Will include improvemnet money TRANSPORTATION Parking: 29 free Surface Spaces are available; Ratio of 1.15/1,000 SF Airport: 30 minute drive to Detroit City Airport Page 49

51 3425 Starr Rd Royal Oak, MI Troy Area West Ind Submarket PROPERTY CONTACTS True Owner: Basha Diagnostics, P.C. Recorded Owner: Starrwood Building Llc Prior True Owner: DTE Energy Services MARKET CONDITIONS Vacancy Rates Current YOY Current Building 27.6% 11.8% Submarket 1-3 Star 2.3% -0.2% Market Overall 3.4% 0.3% Asking Rents Per SF Current YOY Submarket 1-3 Star $ % Market Overall $ % Submarket Leasing Activity Current YOY 12 Mo. Leased SF 88, % Months On Market mo Submarket Sales Activity Current YOY 12 Mo. Sales Volume (Mil.) $ % 12 Mo. Price Per SF $ % Page 50

52 1500 N Stephenson Hwy Royal Oak, MI Royal Oak Area Ind Submarket BUILDING Type: Class C Flex Subtype: Light Manufacturing Tenancy: Multiple Year Built: 1970 RBA: 79,261 SF Floors: 2 Typical Floor: 39,630 SF Ceiling Ht: 10'-25' Construction: Masonry LAND Land Area: Zoning: 4.50 AC M-1, Madison Heig EXPENSES PER SF Taxes: $0.73 (2017) PARCEL , LOADING Docks: 4 ext Drive Ins: 2 tot./22'w x 14'h Cross Docks: None Cranes: 1/5.00 tons 19' Hk Rail Spots: None POWER & UTILITIES Power: 2,000a/ v 3p Heavy Utilities: Heating - Gas, Lighting - Metal Halide FEATURES Security System, Signage LEASING Available Spaces: SF Available in 8 Spaces Availability: 3.2% Available; 2.6% Vacant Leasing Company: Modern Skate & Surf Contacts: Lisa Reschke (517) , George Leichtweis (248) Page 51

53 1500 N Stephenson Hwy Royal Oak, MI Royal Oak Area Ind Submarket AVAILABLE SPACES Floor Suite Use Type SF Avail Flr Contig Bldg Contig Rent Occupancy Term P 2nd 210 Office Relet $20.57/FS Vacant Negotiable Modern Skate & Surf - Lisa Reschke (517) Rent for $900/month. Corner office with exterior windows. 2 executive offices available. Shared break room and conference rooms. Rent includes everything except Internet. $10/month for building Internet or tenant can secure their own provider. Close proximity to I-75 and I-696. Directly across from the new Kroeger. Single Room Office Shared Restroom Kitchenette Conference room Insurance agent Real Estate agent Mortgage Company P 2nd 209 Office Relet $19.41/FS Vacant Negotiable Modern Skate & Surf - Lisa Reschke (517) Rent for $550/month. Close proximity to I-75 and I-696. Directly across from the new Kroeger. Single Room Office Shared Restroom Kitchenette Conference room Insurance agent Real Estate agent Mortgage Company P 2nd 208 Office New $20.05/FS Vacant Negotiable Modern Skate & Surf - George Leichtweis (248) $625.00/month Single Room Office Shared Restroom Kitchenette Conference room Insurance agent Real Estate agent Mortgage Company P 2nd 215 Office New $20.00/FS Vacant Negotiable Modern Skate & Surf - George Leichtweis (248) $300.00/month Single Room Office Shared Restroom Kitchenette Conference room Insurance agent Real Estate agent Mortgage Company P 2nd 216 Office New $18.00/FS Vacant Negotiable Modern Skate & Surf - George Leichtweis (248) $450.00/month Single Room Office Shared Restroom Kitchenette Conference room Insurance agent Real Estate agent Mortgage Company P 2nd 240 Office New $23.53/FS Vacant Negotiable Modern Skate & Surf - George Leichtweis (248) $400.00/month Single Room Office Shared Restroom Kitchenette Conference room Insurance agent Real Estate agent Mortgage Company P 2nd 210 Office New $20.57/FS Vacant Negotiable Modern Skate & Surf - George Leichtweis (248) $900.00/month Single Room Office Shared Restroom Kitchenette Conference room Insurance agent Real Estate agent Mortgage Company P 2nd 235 Office Relet $32.72/FS Vacant Negotiable Modern Skate & Surf - Lisa Reschke (517) Rent for $550/month. Close proximity to I-75 and I-696. Directly across from the new Kroeger. Single Room Office Shared Restroom Kitchenette Conference room Insurance agent Real Estate agent Mortgage Company TRANSPORTATION Parking: 185 free Surface Spaces are available; Ratio of 2.33/1,000 SF Airport: 19 minute drive to Detroit City Airport Walk Score : Somewhat Walkable (63) Transit Score : Minimal Transit (0) PROPERTY CONTACTS True Owner: G.M.L. Enterprises, LLC Recorded Owner: G.M.L. Enterprises, LLC Prior True Owner: 1500 Stephenson LLC Page 52

54 1500 N Stephenson Hwy Royal Oak, MI Royal Oak Area Ind Submarket MARKET CONDITIONS Vacancy Rates Current YOY Current Building 2.6% 1.1% Submarket 2-4 Star 3.8% -1.2% Market Overall 3.4% 0.3% Asking Rents Per SF Current YOY Current Building $ % Submarket 2-4 Star $ % Market Overall $ % Submarket Leasing Activity Current YOY 12 Mo. Leased SF 400, % Months On Market mo Submarket Sales Activity Current YOY 12 Mo. Sales Volume (Mil.) $ % 12 Mo. Price Per SF $61 9.7% Page 53

55 306 S Troy St S Troy Street BUILDING Type: Class C Office Tenancy: Multiple Year Built: 1950 RBA: 24,366 SF Floors: 2 Typical Floor: 12,180 SF Construction: Masonry LAND Land Area: 0.67 AC Zoning: BI Parcel EXPENSES PER SF Taxes: $2.88 (2015) Opex: $3.69 (2010-Est) AMENITIES Signage LEASING Available Spaces: 2,500 SF Available in 1 Space Availability: 10.3% Available; 0% Vacant Leasing Company: NAI Farbman Contacts: Lesley Gutman (248) , Sheila Z. Fogarty (248) AVAILABLE SPACES Floor Use Type SF Avail Flr Contig Bldg Contig Rent Occupancy Term P 1st Off/Ret Relet 2,500 2,500 2,500 $22.00/+UTIL Negotiable Negotiable NAI Farbman - Lesley Gutman (248) , Sheila Z. Fogarty (248) TRANSPORTATION Parking: 25 free Surface Spaces are available; Ratio of 1.02/1,000 SF Airport: 21 minute drive to Detroit Metropolitan Airport Walk Score : Very Walkable (75) Transit Score : Minimal Transit (0) PROPERTY CONTACTS True Owner: Corp. One, Inc Recorded Owner: Corp. One Property Company, LLC Prior True Owner: The Daily Tribune Page 54

56 306 S Troy St S Troy Street MARKET CONDITIONS Vacancy Rates Current YOY Current Building 0.0% 15.7% Submarket 2-4 Star 7.5% 0.0% Market Overall 9.5% -1.0% Gross Asking Rents Per SF Current YOY Current Building $ % Submarket 2-4 Star $ % Market Overall $ % Submarket Leasing Activity Current YOY 12 Mo. Leased SF 292, % Months On Market mo Submarket Sales Activity Current YOY 12 Mo. Sales Volume (Mil.) $ % 12 Mo. Price Per SF $ % Page 55

57 306 S Washington Ave - Washington Square Plaza BUILDING Type: Class B Office Tenancy: Multiple Year Built: 1927; Renov 1987 RBA: 104,000 SF Floors: 6 Typical Floor: 17,333 SF Construction: Reinforced Concrete LAND Land Area: Zoning: 1.49 AC BI EXPENSES PER SF Taxes: $2.69 (2014) Opex: $0.51 (2012-Est) AMENITIES Conferencing Facility, On Site Management, Property Manager on Site LEASING Available Spaces: 552-2,600 SF Available in 3 Spaces Availability: 3.8% Available; 3.8% Vacant Leasing Company: Hanna Development & Management Co. Contacts: Yvonne Peltier (248) AVAILABLE SPACES Floor Suite Use Type SF Avail Flr Contig Bldg Contig Rent Occupancy Term P 2nd 226 Office Relet 2,600 2,600 2,600 $23.50/MG Vacant 1-3 Yrs Hanna Development & Management Co. - Yvonne Peltier (248) nd-Floor corner suite with tall windows along Fourth St. and Lafayette Ave. in downtown Royal Oak. Flexible layout with kitchenette & conference room. Flooring is a mixture of wood, carpet, and tile. Currently 2,600 r.s.f., but can be reduced to 2,056 r.s.f. P 2nd 222 Office Relet $21.50/MG Vacant Negotiable Hanna Development & Management Co. - Yvonne Peltier (248) This suite has 3 individual offices, reception area, a large storage closet, and is just a short walk down the hall to the building's conference center and outdoor deck. Traditional floor plan? Yes, and it works. Need to open things up a bit? Let's talk. P 2nd 205 Office Relet $23.50/MG Vacant Negotiable Hanna Development & Management Co. - Yvonne Peltier (248) Beautiful suite with 2 private offices, newer laminate flooring, large operable windows for an abundance of natural light. Page 56

58 306 S Washington Ave - Washington Square Plaza TRANSPORTATION Parking: 25 Surface Spaces are available; Ratio of 0.24/1,000 SF Airport: 22 minute drive to Detroit City Airport Walk Score : Very Walkable (85) Transit Score : Minimal Transit (0) PROPERTY CONTACTS True Owner: Hanna Development & Management Co. Recorded Owner: Washington Square Plaza LLC Property Manager: Hanna Development & Management Co. MARKET CONDITIONS Vacancy Rates Current YOY Current Building 3.8% 0.8% Submarket 2-4 Star 7.5% 0.0% Market Overall 9.5% -1.0% Gross Asking Rents Per SF Current YOY Submarket 2-4 Star $ % Market Overall $ % Submarket Leasing Activity Current YOY 12 Mo. Leased SF 292, % Months On Market mo Submarket Sales Activity Current YOY 12 Mo. Sales Volume (Mil.) $ % 12 Mo. Price Per SF $ % Page 57

59 401 S Washington Ave BUILDING Type: Retail Subtype: Freestanding Tenancy: Multiple Year Built: 1960; Renov 2002 GLA: 7,827 SF Floors: 1 Typical Floor: 7,827 SF Docks: None Construction: Masonry LAND Land Area: 0.11 AC Zoning: BI Parcel EXPENSES PER SF Taxes: $2.77 (2017) Opex: $0.97 (2012) AMENITIES Bus Line, Commuter Rail, Signage LEASING Available Spaces: 3,276 SF Available in 1 Space Availability: 41.9% Available; 41.9% Vacant Leasing Company: Slater Management Corporation Contacts: Pat DuPre (248) AVAILABLE SPACES Floor Suite Use Type SF Avail Flr Contig Bldg Contig Rent Occupancy Term P 1st 401 Off/Ret Relet 3,276 3,276 3,276 $24.00/NNN Vacant Negotiable Slater Management Corporation - Pat DuPre (248) TRAFFIC & FRONTAGE Traffic Volume: 6,263 on S Center St & W 4th St (2017) 4,754 on W 4th St & S Washington Ave (2017) Frontage: 28' on Washington Ave 87' on 4th 88' on Center 65' on Washington Made with TrafficMetrix Products Page 58

60 401 S Washington Ave TRANSPORTATION Walk Score : Very Walkable (78) Transit Score : Minimal Transit (0) PROPERTY CONTACTS True Owner: Slater Management Corporation Recorded Owner: Royal Oak Property Llc Property Manager: Slater Management Corporation MARKET CONDITIONS Vacancy Rates Current YOY Current Building 41.9% 58.1% Submarket 1-3 Star 6.0% 0.4% Market Overall 6.0% -0.2% NNN Asking Rents Per SF Current YOY Current Building $ % Submarket 1-3 Star $ % Market Overall $ % Submarket Leasing Activity Current YOY 12 Mo. Leased SF 204, % Months On Market mo Submarket Sales Activity Current YOY 12 Mo. Sales Volume (Mil.) $ % 12 Mo. Price Per SF $ % Page 59

61 S Washington Ave BUILDING Type: Retail Subtype: Storefront Retail/R Tenancy: Multiple Year Built: 1926 GLA: 13,500 SF Floors: 2 Typical Floor: 6,750 SF Docks: None Construction: Masonry LAND Land Area: 0.16 AC Zoning: BI Parcel EXPENSES PER SF Taxes: $2.12 (2017) LEASING Available Spaces: 1,000-10,200 SF Available in 2 Spaces Availability: 75.6% Available; 75.6% Vacant Leasing Company: Atesian Properties Contacts: Ara Atesian (248) AVAILABLE SPACES Floor Suite Use Type SF Avail Flr Contig Bldg Contig Rent Occupancy Term P 2nd 200 Office Relet 1,000-6,500 6,500 10,200 $24.00/NNN Vacant 3-5 Yrs Atesian Properties - Ara Atesian (248) Downtown Royal Oak Building. Great location on Washington. Lots of windows and natural light. Tall ceilings and hardwood flooring. Building to under go a full remodel. TRAFFIC & FRONTAGE Traffic Volume: 2,746 on W 6th St & S Washington Ave (2017) 6,263 on S Center St & W 4th St (2017) Frontage: 62' on 6th St 117' on Washington Ave Made with TrafficMetrix Products Page 60

62 S Washington Ave TRANSPORTATION Parking: Ratio of 0.00/1,000 SF Airport: 23 minute drive to Detroit City Airport Walk Score : Very Walkable (85) Transit Score : Minimal Transit (0) PROPERTY CONTACTS Recorded Owner: Madrid Building Llc Prior True Owner: Skyward Suites, LLC MARKET CONDITIONS Vacancy Rates Current YOY Current Building 75.6% 63.7% Submarket 1-3 Star 6.0% 0.4% Market Overall 6.0% -0.2% NNN Asking Rents Per SF Current YOY Current Building $24.00 Submarket 1-3 Star $ % Market Overall $ % Submarket Leasing Activity Current YOY 12 Mo. Leased SF 204, % Months On Market mo Submarket Sales Activity Current YOY 12 Mo. Sales Volume (Mil.) $ % 12 Mo. Price Per SF $ % Page 61

63 25600 Woodward Ave - Woodward Bldg BUILDING Type: Class B Office Tenancy: Multiple Year Built: 1968; Renov 2004 RBA: 21,466 SF Floors: 2 Typical Floor: 11,000 SF Core Factor: 5% Construction: Masonry LAND Land Area: Zoning: 0.30 AC BI EXPENSES PER SF Taxes: $1.56 (2014) LEASING Available Spaces: 275-1,275 SF Available in 5 Spaces Availability: 16.7% Available; 15.4% Vacant Leasing Company: Friedman Real Estate Contacts: Daniel F. Verderbar (248) , Rick Tabbi (248) AVAILABLE SPACES Floor Suite Use Type SF Avail Flr Contig Bldg Contig Rent Occupancy Term P 1st 109 Office Relet $16.75/+ELEC Vacant Negotiable Friedman Real Estate - Daniel F. Verderbar (248) , Rick Tabbi (248) > Value-minded office space in Royal Oak > Superb, central location in Metro-Detroit > Well-managed property > Ample surface and underground parking available > Elevator accessibility > Excellent space to launch a business P 1st 102 Office Relet $16.75/+ELEC 30 Days Negotiable Friedman Real Estate - Daniel F. Verderbar (248) , Rick Tabbi (248) > Value-minded office space in Royal Oak > Superb, central location in Metro-Detroit > Well-managed property > Ample surface and underground parking available > Elevator accessibility > Excellent space to launch a business P 1st 104 Office Relet 873 1,275 1,275 $16.75/+ELEC Vacant Negotiable Friedman Real Estate - Daniel F. Verderbar (248) , Rick Tabbi (248) > Value-minded office space in Royal Oak > Superb, central location in Metro-Detroit > Well-managed property > Ample surface and underground parking available > Elevator accessibility > Excellent space to launch a business P 1st 108 Office Relet 402 1,275 1,275 $16.75/+ELEC Vacant Negotiable Friedman Real Estate - Daniel F. Verderbar (248) , Rick Tabbi (248) > Value-minded office space in Royal Oak > Superb, central location in Metro-Detroit > Well-managed property > Ample surface and underground parking available > Elevator accessibility > Excellent space to launch a business P 2nd 214/212 Office Relet 1,166 1,166 1,166 $16.75/+ELEC Vacant Negotiable Friedman Real Estate - Daniel F. Verderbar (248) , Rick Tabbi (248) > Value-minded office space in Royal Oak > Superb, central location in Metro-Detroit > Well-managed property > Ample surface and underground parking available > Elevator accessibility > Excellent space to launch a business Page 62

64 25600 Woodward Ave - Woodward Bldg TRANSPORTATION Parking: 41 free Surface Spaces are available; Covered $0.00/mo; Ratio of 2.70/1,000 SF Airport: 23 minute drive to Detroit City Airport Walk Score : Somewhat Walkable (67) Transit Score : Minimal Transit (0) PROPERTY CONTACTS True Owner: The Hooberman Company, LLC Recorded Owner: The Hooberman Company, LLC Property Manager: Hooberman Management MARKET CONDITIONS Vacancy Rates Current YOY Current Building 15.4% 0.5% Submarket 1-3 Star 7.0% -0.3% Market Overall 9.5% -1.0% Gross Asking Rents Per SF Current YOY Current Building $ % Submarket 1-3 Star $ % Market Overall $ % Submarket Leasing Activity Current YOY 12 Mo. Leased SF 292, % Months On Market mo Submarket Sales Activity Current YOY 12 Mo. Sales Volume (Mil.) $ % 12 Mo. Price Per SF $ % Page 63

65 26622 Woodward Ave BUILDING Type: Class B Office Tenancy: Multiple Year Built: 1987 RBA: 25,035 SF Floors: 2 Typical Floor: 12,517 SF Construction: Masonry LAND Land Area: Zoning: 1.16 AC OS, Royal Oak EXPENSES PER SF Taxes: $3.03 (2014) AMENITIES On Site Management, Property Manager on Site LEASING Available Spaces: 2,595 SF Available in 1 Space Availability: 10.4% Available; 10.4% Vacant Leasing Company: CORE Partners, LLC Contacts: Matthew J. Farrell, CCIM (248) AVAILABLE SPACES Floor Suite Use Type SF Avail Flr Contig Bldg Contig Rent Occupancy Term P 1st 105 Office Relet 2,595 2,595 2,595 $23.00/+ELEC Vacant Negotiable Team CORE, LLC - Matthew J. Farrell, CCIM (248) * Highly Visible * Easy access to I-696 * Covered Parking * Owner occupied * Monument signage * Walking distance to Downtown Royal Oak TRANSPORTATION Parking: 85 free Surface Spaces are available; 15 free Covered Spaces are available; Ratio of 3.99/1,000 SF Airport: 23 minute drive to Detroit City Airport Walk Score : Somewhat Walkable (68) Transit Score : Minimal Transit (0) PROPERTY CONTACTS Prior True Owner: McNish Group Developer: Pulte Homes of Michigan Property Manager: CORE Partners, LLC Page 64

66 26622 Woodward Ave MARKET CONDITIONS Vacancy Rates Current YOY Current Building 10.4% 10.4% Submarket 2-4 Star 7.5% 0.0% Market Overall 9.5% -1.0% Gross Asking Rents Per SF Current YOY Current Building $24.63 Submarket 2-4 Star $ % Market Overall $ % Submarket Leasing Activity Current YOY 12 Mo. Leased SF 292, % Months On Market mo Submarket Sales Activity Current YOY 12 Mo. Sales Volume (Mil.) $ % 12 Mo. Price Per SF $ % Page 65

67 26862 Woodward Ave - Beacon Centre Bldg BUILDING Type: Class B Office Tenancy: Multiple Year Built: 1987; Renov 2010 RBA: 18,585 SF Floors: 2 Typical Floor: 9,292 SF Construction: Masonry LAND Land Area: Zoning: 1.00 AC Commercial EXPENSES PER SF Taxes: $2.82 (2014) Opex: $1.61 (2013-Est) AMENITIES Air Conditioning, Balcony, Bus Line LEASING Available Spaces: 2,500 SF Available in 1 Space Availability: 13.5% Available; 13.5% Vacant Leasing Company: Colliers International Contacts: Bryan Barnas (248) , Gary Grochowski (248) AVAILABLE SPACES Floor Suite Use Type SF Avail Flr Contig Bldg Contig Rent Occupancy Term P 1st 103 Office Relet 2,500 2,500 2,500 $18.50/+UTIL Vacant Negotiable Colliers International - Gary Grochowski (248) , Bryan Barnas (248) TRANSPORTATION Parking: 36 free Surface Spaces are available; Ratio of 1.80/1,000 SF Airport: 23 minute drive to Detroit City Airport Walk Score : Very Walkable (70) Transit Score : Minimal Transit (0) PROPERTY CONTACTS True Owner: D.W. Krane & Co. Recorded Owner: D.W. Krane & Co. Page 66

68 26862 Woodward Ave - Beacon Centre Bldg MARKET CONDITIONS Vacancy Rates Current YOY Current Building 13.5% 0.0% Submarket 2-4 Star 7.5% 0.0% Market Overall 9.5% -1.0% Gross Asking Rents Per SF Current YOY Current Building $ % Submarket 2-4 Star $ % Market Overall $ % Submarket Leasing Activity Current YOY 12 Mo. Leased SF 292, % Months On Market mo Submarket Sales Activity Current YOY 12 Mo. Sales Volume (Mil.) $ % 12 Mo. Price Per SF $ % Page 67

69 Woodward Ave Royal Oak, MI Royal Oak Vicinity Submarket BUILDING Type: Retail Subtype: Storefront Retail/O Tenancy: Multiple Year Built: 1952 GLA: 9,900 SF Floors: 2 Typical Floor: 4,850 SF Docks: None LAND Land Area: 0.13 AC Zoning: BI Parcel EXPENSES PER SF Taxes: $1.74 (2017) LEASING Available Spaces: 1,000-2,000 SF Available in 3 Spaces Availability: 40.4% Available; 40.4% Vacant Leasing Company: Armada Real Estate Contacts: Darryl R. Goodwin (248) , Joey Berger (248) AVAILABLE SPACES Floor Suite Use Type SF Avail Flr Contig Bldg Contig Rent Occupancy Term P 2nd A Office Relet 1,000 2,000 2,000 Withheld Vacant Negotiable Armada Real Estate - Darryl R. Goodwin (248) , Joey Berger (248) Band Commercial Real Estate Company, LLC - Steven Band (248) Second story office with steps. No elevator. (Non-ADA compliance). P 2nd B Office Relet 1,000 2,000 2,000 Withheld Vacant Negotiable Armada Real Estate - Darryl R. Goodwin (248) , Joey Berger (248) Band Commercial Real Estate Company, LLC - Steven Band (248) Second story office with steps. No elevator. (Non-ADA compliance). P 2nd Office Relet 2,000 2,000 2,000 Withheld 30 Days Negotiable Armada Real Estate - Darryl R. Goodwin (248) , Joey Berger (248) Band Commercial Real Estate Company, LLC - Steven Band (248) Second story office with steps. No elevator. (Non-ADA compliance). TRAFFIC & FRONTAGE Traffic Volume: 71,363 on Woodward Ave & Bembridge Rd (2014) 76,264 on Woodward Ave & Coolidge Hwy (2017) Frontage: 55' on Woodward Ave (with 1 curb cut) Made with TrafficMetrix Products Page 68

70 Woodward Ave Royal Oak, MI Royal Oak Vicinity Submarket TRANSPORTATION Airport: 28 minute drive to Detroit City Airport Walk Score : Somewhat Walkable (59) Transit Score : Minimal Transit (0) PROPERTY CONTACTS True Owner: Nu-Vest Associates Inc. Prior True Owner: Band Commercial Real Estate Company, LLC MARKET CONDITIONS Vacancy Rates Current YOY Current Building 40.4% 2.0% Submarket 1-3 Star 6.0% 0.4% Market Overall 6.0% -0.2% NNN Asking Rents Per SF Current YOY Current Building $15.00 Submarket 1-3 Star $ % Market Overall $ % Submarket Leasing Activity Current YOY 12 Mo. Leased SF 204, % Months On Market mo Submarket Sales Activity Current YOY 12 Mo. Sales Volume (Mil.) $ % 12 Mo. Price Per SF $ % Page 69

71 Woodward Ave - Van Beau Building Royal Oak, MI Royal Oak Vicinity Submarket BUILDING Type: Retail Subtype: Storefront Retail/O Tenancy: Multiple Year Built: 1952 GLA: 16,730 SF Floors: 2 Typical Floor: 7,317 SF Docks: None Construction: Reinforced Concrete LAND Land Area: Zoning: 0.32 AC BI EXPENSES PER SF Taxes: $1.92 (2017) PARCEL , LEASING Available Spaces: 1,207-2,400 SF Available in 2 Spaces Availability: 21.6% Available; 7.2% Vacant Leasing Company: Keystone Commercial Real Estate Contacts: Ryan Kattoo (248) X102 AVAILABLE SPACES Floor Use Type SF Avail Flr Contig Bldg Contig Rent Occupancy Term P GRND Off/Ret Relet 1,207 1,207 1,207 Withheld Vacant Negotiable Keystone Commercial Real Estate - Ryan Kattoo (248) X102 The Van Beau Building is located in Royal Oak on Woodward Avenue, just south of 13 Mile Road. This property offers below market rates, great visibility, excellent demographics and strong traffic counts. Come join Syphus Training, Catherine's Pet Parlor, Ella Rae Salon and Inline Vapes. This prime location would be ideal for any office or retail use. TRAFFIC & FRONTAGE Traffic Volume: 71,363 on Woodward Ave & Bembridge Rd (2014) 76,264 on Woodward Ave & Coolidge Hwy (2017) Frontage: 103' on Warick Rd 144' on Woodward Ave Made with TrafficMetrix Products Page 70

72 Woodward Ave - Van Beau Building Royal Oak, MI Royal Oak Vicinity Submarket TRANSPORTATION Parking: 19 free Surface Spaces are available; Ratio of 1.90/1,000 SF Airport: 28 minute drive to Detroit City Airport Walk Score : Somewhat Walkable (66) Transit Score : Minimal Transit (0) PROPERTY CONTACTS True Owner: Linda Tenbrink Recorded Owner: Van Beau Building LLC Prior True Owner: Susan Lynn Edmonds MARKET CONDITIONS Vacancy Rates Current YOY Current Building 7.2% 0.0% Submarket 1-3 Star 6.0% 0.4% Market Overall 6.0% -0.2% NNN Asking Rents Per SF Current YOY Submarket 1-3 Star $ % Market Overall $ % Submarket Leasing Activity Current YOY 12 Mo. Leased SF 204, % Months On Market mo Submarket Sales Activity Current YOY 12 Mo. Sales Volume (Mil.) $ % 12 Mo. Price Per SF $ % Page 71

73 30701 Woodward Ave - Basha Building North Royal Oak, MI Royal Oak Vicinity Submarket BUILDING Type: Class B Office Tenancy: Multiple Year Built: 1954; Renov 2012 RBA: 31,004 SF Floors: 4 Typical Floor: 7,751 SF Construction: Reinforced Concrete LAND Land Area: 3.00 AC Zoning: BI Parcel EXPENSES PER SF Taxes: $3.55 (2011) AMENITIES Banking, Bus Line, Signage LEASING Available Spaces: 1,000-15,000 SF Available in 4 Spaces Availability: 51.6% Available; 32.3% Vacant Leasing Company: Basha Diagnostics, P.C. Contacts: Yahya M. Basha (248) AVAILABLE SPACES Floor Use Type SF Avail Flr Contig Bldg Contig Rent Occupancy Term P 2nd Off/Med Relet 2,000-6,000 6,000 15,000 $20.00/NNN Negotiable Negotiable Basha Diagnostics, P.C. - Yahya M. Basha (248) Professional or medical office space. Can divide as small as 2,000 SF. $16.00 psf for office $18.00 psf for medical Services negotiable Beutiful Marble Lobby- Looking for Major Medical tenant or Hopsital to occupy space. Very Close to the Baumont Hospital Medical Campus one of the largest in the state. Very Close proximity to all major freeways aand Highways, Southfield HWY, I75 and I 696 P 2nd Off/Med Relet 1,000 1,000 1,000 $17.50/NNN Vacant Negotiable Basha Diagnostics, P.C. - Yahya M. Basha (248) P 3rd Off/Med Relet 4,000-7,000 7,000 15,000 $20.00/NNN Vacant Negotiable Basha Diagnostics, P.C. - Yahya M. Basha (248) $16.00 psf for office $18.00 psf for medical Services negotiable Professional or medical office space. Can divide as small as 2,000 SF. $16.00 psf for office $18.00 psf for medical Services negotiable Beutiful Marble Lobby- Looking for Major Medical tenant or Hopsital to occupy space. Very Close to the Baumont Hospital Medical Campus one of the largest in the state. Very Close proximity to all major freeways aand Highways, Southfield HWY, I75 and 696 P 4th Off/Med Relet 2,000 2,000 15,000 $17.50/NNN Vacant 5-10 Yrs Basha Diagnostics, P.C. - Yahya M. Basha (248) Page 72

74 30701 Woodward Ave - Basha Building North Royal Oak, MI Royal Oak Vicinity Submarket TRANSPORTATION Parking: 144 free Surface Spaces are available; Ratio of 0.55/1,000 SF Airport: 27 minute drive to Detroit City Airport Walk Score : Somewhat Walkable (66) Transit Score : Minimal Transit (0) PROPERTY CONTACTS True Owner: Basha Diagnostics PC Recorded Owner: Basha Woodward Llc Prior True Owner: Basha Diagnostics, P.C. MARKET CONDITIONS Vacancy Rates Current YOY Current Building 32.3% 3.2% Submarket 1-3 Star 7.0% -0.3% Market Overall 9.5% -1.0% Gross Asking Rents Per SF Current YOY Current Building $ % Submarket 1-3 Star $ % Market Overall $ % Submarket Leasing Activity Current YOY 12 Mo. Leased SF 292, % Months On Market mo Submarket Sales Activity Current YOY 12 Mo. Sales Volume (Mil.) $ % 12 Mo. Price Per SF $ % Page 73

75 30701 Woodward Ave - Basha Building South Royal Oak, MI Royal Oak Vicinity Submarket BUILDING Type: Class B Office Tenancy: Multiple Year Built: 2005 RBA: 45,000 SF Floors: 4 Typical Floor: 9,000 SF Construction: Reinforced Concrete LAND Land Area: 3.00 AC Zoning: O/M Parcel EXPENSES PER SF Taxes: $2.44 (2011) AMENITIES Air Conditioning, Bus Line, Property Manager on Site, Signage LEASING Available Spaces: 5,203-5,650 SF Available in 3 Spaces Availability: 36.6% Available; 36.6% Vacant Leasing Company: NAI Farbman Contacts: Kristi Lawton (248) , Jeffrey J. Cavazos (248) AVAILABLE SPACES Floor Suite Use Type SF Avail Flr Contig Bldg Contig Rent Occupancy Term P 3rd 350 Office Relet 5,203 5,203 5,203 Withheld Vacant Negotiable NAI Farbman - Kristi Lawton (248) , Jeffrey J. Cavazos (248) Up to approximately 16,453 sq. ft. with potential signage on Woodward Avenue adjacent to the Beaumont Campus. Space is located in the new southern portion of the building. P 3rd Office Relet 5,600 5,600 5,600 Withheld Vacant Negotiable NAI Farbman - Kristi Lawton (248) , Jeffrey J. Cavazos (248) Up to approximately 16,453 sq. ft. with potential signage on Woodward Avenue adjacent to the Beaumont Campus. Space is located in the new southern portion of the building. P 4th 450 Office Relet 5,650 5,650 5,650 Withheld Vacant Negotiable NAI Farbman - Kristi Lawton (248) , Jeffrey J. Cavazos (248) Up to approximately 16,453 sq. ft. with potential signage on Woodward Avenue adjacent to the Beaumont Campus. Space is located in the new southern portion of the building. Page 74

76 30701 Woodward Ave - Basha Building South Royal Oak, MI Royal Oak Vicinity Submarket TRANSPORTATION Parking: 73 free Surface Spaces are available; Covered $0.00/mo; Ratio of 1.33/1,000 SF Airport: 27 minute drive to Detroit City Airport Walk Score : Very Walkable (70) Transit Score : Minimal Transit (0) PROPERTY CONTACTS True Owner: Basha Diagnostics, P.C. Recorded Owner: Basha Diagnostics, P.C. Property Manager: Basha Diagnostics, P.C. Developer: Kirco Architect: Alex Bogart MARKET CONDITIONS Vacancy Rates Current YOY Current Building 36.6% 0.0% Submarket 1-3 Star 7.0% -0.3% Market Overall 9.5% -1.0% Gross Asking Rents Per SF Current YOY Submarket 1-3 Star $ % Market Overall $ % Submarket Leasing Activity Current YOY 12 Mo. Leased SF 292, % Months On Market mo Submarket Sales Activity Current YOY 12 Mo. Sales Volume (Mil.) $ % 12 Mo. Price Per SF $ % Page 75

77 32121 Woodward Ave - Balmoral Centre Royal Oak, MI Royal Oak Vicinity Submarket BUILDING Type: Class B Office Tenancy: Multiple Year Built: 2006; Renov 2011 RBA: 52,000 SF Floors: 4 Typical Floor: 13,000 SF Construction: Masonry LAND Land Area: 1.19 AC Zoning: Commercial Parcel EXPENSES PER SF Taxes: $3.74 (2017) Opex: $3.54 (2012-Est) AMENITIES Bus Line, Signage LEASING Available Spaces: 2,500-7,500 SF Available in 1 Space Availability: 14.4% Available; 14.4% Vacant Leasing Company: Colliers International Contacts: Gary Grochowski (248) , Bryan Barnas (248) AVAILABLE SPACES Floor Suite Use Type SF Avail Flr Contig Bldg Contig Rent Occupancy Term P 3rd 301 Office Relet 2,500-7,500 7,500 7,500 $21.50/NNN Vacant 5 Yrs Colliers International - Gary Grochowski (248) , Bryan Barnas (248) TRANSPORTATION Parking: 156 free Surface Spaces are available; 57 free Covered Spaces are available; Ratio of 4.10/1,000 SF Airport: 30 minute drive to Detroit City Airport Walk Score : Very Walkable (71) Transit Score : Minimal Transit (0) PROPERTY CONTACTS True Owner: Beacon Hill Partnership, LLC Recorded Owner: Maedot Page 76