5483 W. WATERS AVE, TAMPA

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1 OFFERING MEMORANDUM Opportunity: Commercial r eal estate investment opportunity with major, credit worthy long term governmental tenant in the heart of Tampa. The building has undergone major capital improvements with a complete interior remodel from the ground up. Excellent return of investment over a ten year term. Address: 5483 W Waters Ave, Tampa, FL (easy access to Veterans Expressway, Anderson Rd and Waters Ave). Central location services all of Tampa Bay within 30 minutes. Building Features: Over 33,684 RSF of office space. 100% leased out with large, major credit worthy tenant. Interior of entire building has been renovated from the ground up over the past two years. 165+/- parking spaces with a 5/1000 parking ratio Active POA with minimal annual dues. Other business park owners include First Industrial and Arcis Realty. Located Near Area Restaurants & Shopping. Main bus line located at the end of Sunstate St. servicing all of Tampa. On-site hotel (Comfort Suites) and on-site school (Creative World). Sales Price: $9,000,000 IRR of 7.67% with Leveraged Position. Major Long Term Credit Tenant on New Ten Year Lease. ROBERT BARBER, CCIM VP of Commercial PH: rbarber@coastalpropertyfl.com SAGE N. ANDRESS, ALC, CCIM Tampa Director PH: sage_andress@hotmail.com

2 OFFERING MEMORANDUM - AERIALS

3 OFFERING MEMORANDUM - SUMMARY INVESTMENT SUMMARY CAPITAL IMPROVEMENTS LOCATION: 5483 W. Waters Ave, Tampa, FL PROPERTY TYPE: Multi-Tenant Office Building PRICE: $9,000,000 IRR: 7.67% internal rate of return over 10 year term of investment. NOI YEAR FIVE: $640,388 MAJOR CREDIT WORTHY TENANT: Florida Department of Revenue. 10 years remaining on major tenant lease. PROPERTY INFORMATION BUILDING GROSS AREA: 37,314 SF BUILDING LEASABLE AREA: 33,684 SF LAND AREA: 118,272 SF PARKING: 5/1000 with 165+/- spaces FOLIO: TAXING: Unincorporated Hillsborough County SUBDIVISION - 89R/Thompson Center Waters CONSTRUCTION: Concrete block with metal roof. ZONING: M (manufacturing) - IND Class 4 FLUM: LI (light industrial) STORIES: One story building YEAR RENOVATED: full building renovation 2017 TAXES: $38, PROPERTY SUMMARY RENOVATIONS - Complete building renovations from the ground up on the interior over the past three years. HVAC - Entire building has March, 2016 manufactured Trane 5 ton units manufactured March, Two HVAC units in the DOR space are manufactured INSULATION - 24,000 SF DOR space has R-22 spray in foam insulation. Rest of the building has R-30 insulation. FIRE PROTECTION - GENERATOR - DOR RENOVATION - Completed in Full renovation from the ground up with over $1.6 million in capital improvements. LIGHTING - Space A has all LED lights with occupancy sensors programmed to shut off after 20 minutes of no movement for energy savings. There are photocells in every perimeter room with dimming light fixtures. ROOF - 15 year life span. Inspected by General Contractor: CGC ELECTRICAL - Entire new interior electrical grid has been installed over the past three years with space A being installed in The cabling for the voice, data, access control, security, PA system, and lighting control system for Space A comes with a Panduit 25 year warranty and a 1 year MCS labor warranty. Complete Energy Performance Analysis available for Space A upon request. SECURITY - Space A has entire access control FOB system installed in PAINT - Entire interior of building painted in 2017 and Space A has new paint as of September, CARPET - New carpet throughout entire building in 2017 and Space A has new carpet as of September, FURNITURE - 78 cubicles purchased in 2018 for large tenant use. PARKING LOT - Entire lot recoated and striped in August, 2018 OWNERSHIP: PEACHIE LLC

4 ENTRANCE TO BUSINESS PARK THOMPSON CENTER MONUMENT SIGN FRONT OF BUILDING SUITE A - INTAKE AREA ONE OF 13+ PRIVATE OFFICES SUITE A SUITE A - LARGE OPEN AREA WITH PODS SUITE A - LARGE CORPORATE CONFERENCE ROOM SUITE A - CONFERENCE ROOM

5 SUITE A - LARGE BREAK AREA SUITE A - EXPANDED WORK AREA SUITE A - RESTROOM FACILITY SUITE E - OPEN FLOOR PLAN W/OFFICES SUITE N - RECEPTION AREA SUITE SUITE SUITE

6 OFFERING MEMORANDUM - DEMOGRAPHICS

7 OFFERING MEMORANDUM - TENANT INFORMATION Florida Department of Revenue An agency that is accessible and responsive to citizens, provides fair and efficient tax and child support administration, and achieves the highest levels of voluntary compliance. Mission -To serve citizens with respect, concern and professionalism; -To make complying with tax and child support laws easy and understandable; -To administer the laws fairly and consistently; and To provide excellent service efficiently and at the lowest possible cost. Precision Medical Billing is dedicated to helping physicians, home health agencies and hospice groups navigate the complex world of medical billing and claims. There are few places where this is more evident than field sales. Dispersed teams operate in an extremely challenging environment for reps and managers, requiring constant evolution in the way we hire, train, coach, operate and sell. We focus on the needs of the field team first and foremost to deliver effective solutions Traffic Jam Events- has become one of the top automotivemarketing firms in the nation by focusing on three core elements: Research, Relationships and Results.

8 CALLS FOR OFFERS PRICE: $9,000, IRR OF 7.67% PROPERTY SUMMARY: 33,684 RSF Building Currently 100% leased out. Major Long Term, Credit Tenant Building completely renovated inside. 5:100 parking with over 175 parking spaces. PLEASE SUBMIT ALL OFFERS TO: Sunmark Realty, Inc. ATTN: Sage Andress PH: Coastal Properties Group ATTN: Robert Barber PH: OWNERSHIP INFORMATION: Peachie LLC ATTN: Gilbert Gonzalez 8510 Sunstate St Tampa, FL FEI Number: Owners prefer all offers done on a FAR/BAR Commercial contract with proof of funds and or lenders letter upon submittal of LOI or contract.