Centre of New England Pads A & B

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1 Pad A: $2,935,627 Pad B: $2,788, % CAP RATE Pad sites to Home Depot, Super Walmart, & BJ s Available as a package or for sale individually Directly off I-95 (72,800 ADT) Properties will be delivered free and clear of debt Tenants include UPS, Sprint, Payless, Gamestop, Supercuts, & T-Mobile Subject Property - Pad B Pads A & B Blvd Frank Miller

2 Aerial Photograph Pad B Pad A

3 Property Summary The is a master planned development for retail, restaurant, hotel, multi-family residential and light industrial uses. The advantages of this project include ease of access from I-95. It is the only property on which a broad development plan including full service hotels, offices, condominiums and apartments as well as a major retail (1 million +/- square feet) can be executed with minimal disruption to the surrounding community. Retail, Entertainment & Residential The is one of the largest mixed-use developments in the country. Current tenants include: Randolph Savings Bank Home Depot Super Wal-Mart Fairfield Inn and Suites BJ s Dennys Cracker Barrel Wendy s Hampton Inn The Highlands condominium complex has been completed and is 100% sold out. The sale of the first 100, freestanding, single-family residences is underway. The Subject Property Includes Two 8,500 sq. ft Strip Centers with tenants including: Honeydew Donuts UPS Riccotti s Subs Sprint/Nextel Wicked Good Pizza Cilantro Grille Game Stop T-Mobil Wireless Payless Shoe Source Both Pad A and Pad B were built in At purchaser s option, seller will retain management and all CAM expenditures will be passed to tenants based on pro-rata share. Location Overview Coventry is a town in Kent County, Rhode Island, United States. The population was 35,014 at the 2010 census. The town is bordered by West Warwick to the east, Foster, Scituate, and Cranston to the north, West Greenwich and East Greenwich to the south, and Sterling, Connecticut to the west. It is the largest town in land area in Rhode Island. Coventry offers several recreation facilities. The town has youth sport leagues for football, basketball, baseball, and softball. Johnson's Pond, a waterfront neighborhood, houses facilities for fishing and water sports. Wakeboarding Magazine rated Johnson's Pond as the best location for wakeboarding in Rhode Island. The 860-acre (3.5 km 2 ) George B Parker woodland, owned by the Audubon Society of Rhode Island, offers several hiking trails.

4 Rent Roll Pad A Tenant Lease Commencement Lease Expiration Number of Options Annual Rent Escalations Honey Dew Donuts 4/8/2006 4/8/2016 5/5 year options $31, $35, (Years 6-10) $39, (Years 11-15) $44, (Years 16-20) $50, (Years 21-25) $56, (Years 26-30) Cilantro Grill 10/18/ /18/2016 1/5 year option $37, $42,180 (Years 6-10) Dream Centre 5/5/2011 5/5/2021 $37, UPS 8/23/2010 8/23/2014 2/5 year options $42, Riccotti s Sub 2/27/2009 2/27/2014 $39, $41,340 (Year 2) $43,404 (Year 3) Sprint/Nextel 2/1/2010 2/1/2012 1/3 year option $32, Total $220, Pad B Tenant Lease Commencement Lease Expiration Number of Options Annual Rent Escalations Payless Shoes 10/18/ /18/2011 1/ 5 year option $69, Gamestop 9/14/ /31/2011 1/ 5 year option $34, $38,678 (Years 5-10) Wicked Good Pizza 11/12/ /12/2013 $30, $33,000 (Years 6-10) $35,750 (Years 11-15) $38,500 (Years 16-20) Supercuts 7/1/2006 5/1/2016 1/5 year option $35, T-Mobile 10/15/ /15/2016 2/5 year options $40, Total $209,159.92

5 Property Photos Subject Property - Pad A Subject Property - Pad B

6 Property Photos Subject Property - Aerial View Subject Property - Pad A Across from Subject Property Behind Subject Property - Wal-Mart

7 Aerial Photograph 72,800 ADT Subject Property

8 Location Map Subject Property

9 1-3-5 Mile Demographic Data Contact Us EXP Realty Advisors 118 East 28th Street Suite #808 New York, NY Phone: (212) Fax: (212) Frank Miller Director of Sales and Financing Phone: (646)