Charleston CROSSING. 400 Highway 90. Sierra Vista, AZ RETAIL INVESTMENT OPPORTUNITY

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1 400 Highway 90. Sierra Vista, AZ RETAIL INVESTMENT OPPORTUNITY Paul Sleeth Executive Vice President Billy Sleeth senior Vice President Paul holland Vice President Colliers International 601 Union Street, Suite 5300 Seattle, WA

2 strong tenant line up/nationally recognized tenants high quality construction/curb appeal wal-mart supercenter pad strong retail corridor long-term leases high occupancy excellent access and visibility stable sierra vista economy strong demographics large trade area

3 OFFERING HIGHLIGHTS Strong Tenant Line Up/Nationally Recognized Tenants The Olive Garden, Panda Express, Game Stop, Chipotle, Navy Federal Credit Union, Great Clips, and Verizon Wireless are strong, nationally recognized tenants providing draw, stability and credit to the investment. Strong credit tenants represent 84% of the income stream. Wal-Mart Supercenter Pad The center is located in front of Wal-Mart providing draw and stability to the offering. Wal-Mart recently relocated to the current location from across the Highway to build a Supercenter showing their commitment to the location. Strong Retail Corridor Crossing is located in a major retail corridor in Sierra Vista, with retailers located within blocks of the center include Lowes, Target, Hobby Lobby, Ross, Dollar Tree, Petsmart, Staples, Fry s, Hastings, and Wal-Mart. Long-Term Leases Olive Garden, Panda Express and Chipotle all have over 6 years of lease term remaining. High Occupancy The asset is 96% leased with high historical occupancy rate, a testament to the location and quality of the asset. High Quality Construction/Curb Appeal Constructed in 2010, Crossing presents the opportunity to own a newly constructed, high quality center. Excellent Access And Visibility The center is located along State Route 90 and has excellent access and visibility. More than 31,000 vehicles travel along State Route 90 daily, through the heart of the commercial and retail district. This number is projected to increase to over 34,000 by Stable Sierra Vista Economy Sierra Vista is home to Fort Huachuca, the US Army s intelligence and communications headquarters, whose areas of focus include three of the fastest growing Department of Defense missions unmanned aircraft systems (UAS) training and operations, military intelligence and cyber security. Fort Huachuca is home to more than 11,700 military and civilian employees and 11,200 military family members, resulting in an annual impact of over $350 million wages, contracts, and procurements. Additionally many of the largest civilian defense contractors operate within the city, including Raytheon, General Dynamics Information Technology, Northrop Grumman Corporation and ManTech Telecommunications & Information Systems Corporation, resulting in a highly and technically skilled workforce in the areas of national defense, computer science, strategic planning, business analysis and more. Strong Demographics Average household incomes are approximately $70,000. Sierra Vista s relatively mild climate attracts a large number of retirees contributing to the stable, well educated, and growing demographic. Large Trade Area Sierra Vista s retail market serves an area two and a half times its population and accounts for two thirds of Cochise County s retail sales. The population of Sierra Vista is over 45,000, but businesses there serve a metroplex of 60,000 and a wider commercial market of more than 110,000 people.

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5 R site plan Villa de Oro Jewelers substandards (sub shop) available king nails Great Clips ledingham dental

6 R detailed site plan Suite Tenant SF Villa de Oro Jewelers Building A A1 Panda Express 2,200 A3 Game Stop 1,440 A4 Villa De Oro Jewelers 1,363 substandards (sub shop) A6 Chipotle 2,200 Building B B2 Substandards 1,326 available king nails Great Clips B3 Nationwide Vision 1,750 B4 Navy Federal Credit Union 1,759 B6 Available 1,195 B7 King Nails 1,195 B8 Great Clips 952 Building C ledingham dental C1 Verizon Wireless 3,508 C2 Ledingham Dental Corp. 2,426 D1 Olive Garden 7,462 Total SF: 28,776

7 CHARLESTON ROAD FUTURE N AVENIDA ESCUELA MARTIN LUTHER KING JUNIOR PARKWAY E FRY BOULEVARD NORTH HIGHWAY 90 BYPASS SUTHERLANDS LUMBER DEMOGRAPHICS 5 mile 10 mile 20 mile Average HH Income $65,527 $66,792 $66,947 Population 48,532 66,109 75,418

8 Financials Address: Total Land Area: 400 Highway 90, Sierra Vista, AZ 3.9 Acres Building SF: 28,766 SF Net Operating Income: $ 631,639 Asking Price: $ 9,023,000 Cap Rate: 7.0% Financing: In-place loan to be assumed strong tenant line up/nationally recognized tenants high quality construction/curb appeal wal-mart supercenter pad strong retail corridor long-term leases high occupancy excellent access and visibility stable sierra vista economy strong demographics large trade area