9 ALFRED CIRCLE BEDFORD, MA Connie Neville, J.D. Managing Director/Self Storage Council Co-Chair

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1 9 ALFRED CIRCLE BEDFORD, MA Connie Neville, J.D. Managing Director/Self Storage Council Co-Chair SVN C.M. NEVILLE & ASSOCIATES, INC. P.O. BOX 193, LEXINGTON, MA OFFERING MEMORANDUM

2 Property Summary OFFERING SUMMARY Available SF: 3,000 Lease Rate: $23.00 NNN NNNs $7.00-$9.00 Lot Size: Acres Year Built: 1964 Building Size: 6,000 SF Zoning: General Business PROPERTY OVERVIEW One half of 6,000 SF single story building available for lease. Permitted uses under the Bedford Zoning Bylaw include educational, child care facility, light manufacturing, businesss and professional offices. The 3,000 SF space is currently built out with private offices in approximately 2/3 of the space and the remainder is a warehouse area accessed by a 12 foot roll up door as well as a man-door. There is additional storage in a mezzanine space above the warehouse floor. Within the office area there is a vault room with 10" thick concrete walls, two restrooms and a kitchen. A generator ensures a constant power source. The roof was replaced 3 years ago and includes 8" insulation. The tenant's electricity and gas are separately metered. Parking is plentiful on the 53,000 SF lot. The space can be delivered as is or the landlord will entertain some tenant improvements depending upon the lease term. This space will be available after February 1st, 2019 on a triple net lease basis of $23.00/SF with the NNNs in the range of $7.00-$9.00. PROPERTY HIGHLIGHTS 3,000 SF space Available after February 1st, 2019 Market: Submarket: Bedford Boston Suburbs $30.00 /SF Gross Lease net tenant gas and electric More than sufficient parking Numerous permitted uses 9 ALFRED CIRCLE BEDFORD, MA SVN C.M. Neville & Associates, Inc. Page 2

3 Site Plan 9 ALFRED CIRCLE BEDFORD, MA SVN C.M. Neville & Associates, Inc. Page 3

4 Floor Plan 9 ALFRED CIRCLE BEDFORD, MA SVN C.M. Neville & Associates, Inc. Page 4

5 Additional Photos 9 ALFRED CIRCLE BEDFORD, MA SVN C.M. Neville & Associates, Inc. Page 5

6 Additional Photos 9 ALFRED CIRCLE BEDFORD, MA SVN C.M. Neville & Associates, Inc. Page 6

7 Location Maps 9 ALFRED CIRCLE BEDFORD, MA SVN C.M. Neville & Associates, Inc. Page 7

8 Aerial Map 9 ALFRED CIRCLE BEDFORD, MA SVN C.M. Neville & Associates, Inc. Page 8

9 Demographics Map POPULATION 1 MILE 3 MILES 5 MILES Total population 3,403 35, ,162 Median age Median age (Male) Median age (Female) HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES Total households 1,240 13,060 37,055 # of persons per HH Average HH income $136,102 $136,177 $131,428 Average house value $589,816 $563,481 $539,443 * Demographic data derived from 2010 US Census 9 ALFRED CIRCLE BEDFORD, MA SVN C.M. Neville & Associates, Inc. Page 9

10 CONNIE NEVILLE, J.D. Managing Director/Self Storage Council Co-Chair PROFESSIONAL BACKGROUND Constance (Connie) Neville, J.D., is a Managing Director & Co-Chair of the Self Storage Product Council for SVN. She specializes in the sale of self storage facilities in New England. As a member of the SVN Asset Recovery Team (SVNART) Connie represented regional banks and lenders in the disposition of troubled loans and foreclosed properties. Locally, Connie works with landlords and tenants leasing retail and office properties in Lexington, MA. On a national level Connie has clients who remediate, reposition and re-develop environmentally impacted properties. In 2000, before affiliating with SVN, Neville founded her own full service brokerage firm, C.M. Neville & Associates. Under her direction the firm sold land, industrial, retail, and office properties in Eastern Massachusetts. These transactions included the acquisition of several properties for Public Storage, a variety of investment sale transactions and several end-user purchases. Prior to entering commercial real estate Neville practiced law, serving as litigator and negotiator for individuals, business owners and corporations. Coupled with her commercial real estate expertise, Neville's legal training and experience enable her to effectively negotiate deals in the best interest of all parties. P.O. Box 193 Lexington, MA T C nevillec@svn.com Since joining the SVN National Self Storage Team, Neville has participated in the sale of self storage properties totaling 2,800,000 square feet and over $157,000,000 in Massachusetts, Connecticut, Rhode Island, Maine, New Hampshire and New York. Neville is a member of the National Self Storage Association (SSA). She is a member of and board member of the Northeast Self Storage Association (NESSA), the Maine Self Storage Association (MeSSA) and the New Hampshire Self Storage Association (NHSSA). In addition to her primary focus on the self storage asset class, Neville brokers transactions involving mixed-use retail and office properties, and industrial buildings. As a resident of Lexington, Massachusetts, Neville is actively involved in community groups including Rotary, and various town committees. Neville received her Juris Doctor from Northeastern University School of Law, her master's degree from George Washington University and her bachelor's degree from Skidmore College. 9 ALFRED CIRCLE BEDFORD, MA SVN C.M. Neville & Associates, Inc. Page 10