265 S Harris Road, Ypsilanti, MI 48198

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1 Prepared by Joe Arnold, St. Arnold Commercial Realty Jan 24, 2019 on CPIX [M] [O] Michigan Real Estate License: S. Harris Road - Airport Building "B" 265 S Harris Road, Ypsilanti, MI Listing ID: Status: Active Property Type: Industrial For Lease Industrial Type: Flex Space, Mixed Use Contiguous Space: 3,000-10,000 SF Total Available: 3,000 SF Lease Rate: $8-14 PSF (Annual) Lease Type: NNN Loading: 1 Dock, 1 Door Ceiling: 8-10 ft. Office SF: 2,500 SF Drive-In Bays: 1 Bay Overview/Comments Suite is offered for lease as a 3,000 sq. ft. of office space, build to suit. The property has a 5' high chain link fence around the perimeter. The location is in close proximity to I-93, Michigan Ave and US 23.Willow Run airport is More Information Online QR Code Scan this image with your mobile device: General Information Taxing Authority: Ypsilanti Township Tax ID/APN: Industrial Type: Flex Space, Mixed Use, Light Industrial, Self Storage, Truck Terminal, Warehouse/Distribution, Other Zoning: B1, OS1 + SPECIALCLASS A PERMIT FOR INDUSTRIAL USE Available Space Suite/Unit Number: 265 Harris - Airport Building # B Suite Floor/Level: 1 Space Available: 3,000 SF Minimum Divisible: 3,000 SF Maximum Contiguous: 10,000 SF Space Subcategory 1: Industrial-Business Park Space Subcategory 2: Warehouse/Distribution Space Type: Relet Date Available: 01/04/2016 Lease Term (Months): 60 Months Lease Rate: $8-14 PSF (Annual) Building Name: 265 S. Harris-Airport Building # B, Suites Gross Building Area: 25,700 SF Building/Unit Size (RSF): 10,000 SF Core Factor: 5% Land Area: Acres Lease Type: NNN Rent Escalators: Fixed Lease TI Allowance from Owner: $30,000 Offices: 8 Office SF: 2,500 SF Parking Spaces: 53 Loading Docks: 1 Loading Doors: 1 Drive In Bays: 1 Ceiling Height: 10 Clear Height: 8 Space Description This office space consists of 500 to 3,000 sq. ft. of build to suit office space. It is available for $8.00 / sq. ft. + NNN expenses. This Build to Suit office space is in building B. It includes a tenant allowance of $30,000 for buildout with a 5-year lease term. The office space is located in an industrial building.. There is also potential for the tenant to secure either 5,000 or 10,800 sq. ft. of warehouse space in the Building A or C ( located approximately 20 away.)these buildings are very clean, inside and out. A new roof was installed 9/16. The parking lot was repaved 11/16. The property is heated and air conditioned and has loading dock access. This property is located in close proximity to Willow Run Airport. The property has nearby access to Michigan Avenue and I-94. Zoning Description - B1 (local Business district) OS1 (Office / Retail) plus a Special Class A-Non-conforming use permit approved by the township w/ provisions to allow businesses that includes; Trucking, Transportation, Warehouse Equipment Rental, Contractors, etc. Rent Concession Rent is based on a buildout comparable to existing building finishes and includes an allowance of $30,000 for tenant buildout with a 5 year lease term. Page 1

2 Prepared by Joe Arnold, St. Arnold Commercial Realty Jan 24, 2019 on CPIX [M] [O] Michigan Real Estate License: Area & Location Property Located Between: Airports: On the east side of Harris Road, north of Ecorse Road. Willow Run Airport miles Highway Access This building is located on a 1.4 acre fenced site with 2 other buildings. The Building is 10,000 sq. ft. of space. Overhead door clearance is 10'. Potential for additional office and/or warehouse space in adjacent buildings. The property has a 5' high chain link fence around the perimeter. Building Related Total Number of Buildings: 3 Number of Stories: 1 Office Space SF: 2,500 SF Property Condition: Good Year Built: 1970 Year Renovated: 2017 Roof Type: Flat Construction/Siding: Aluminum Siding, Block Exterior Description: Exterior is freshly painting concrete block and aluminum siding. Parking Ratio: 2.1 (per 1000 SF) Parking Type: Surface Parking Description: 21,600 sq. ft. parking lot. Space to park 53 vehicles Total Parking Spaces: 53 Column Spacing: No columns Passenger Elevators: 0 Freight Elevators: 0 Sprinklers: Amps: 400 Volts: 240 X-Phase: 3 Heat Type: Natural Gas Heat Source: Central, Ceiling Units Air Conditioning: Package Unit Lighting: Fluorescent Land Related Lot Frontage: 97' Lot Depth: 394 Water Service: Sewer Type: Municipal Municipal Zoning Description 1, OS1, with additional use provisions approved by township for warehouse, truck terminal, moving company, trailer/truck rental and storeage Location Address: 265 S Harris Road, Ypsilanti, MI County: Washtenaw MSA: Ann Arbor Submarket: Washtenaw E of 23 Page 2

3 Prepared by Joe Arnold, St. Arnold Commercial Realty Jan 24, 2019 on CPIX [M] [O] Michigan Real Estate License: Property Images Bldg 2- Warehouse 3-10 entrance door and dock area _ DSC _ DSC02858 Page 3

4 GLOBAL COMMERCIAL REALTY, INC 265 S. HARRIS ROAD MARKET COMPARISON The list below, as of , details Industrial properties, from 3,000 to 7,000 sq. ft. comparing rent rates within a 10 mile radius of 265 s. Harris Road. The building has a new roof and has been completely painted inside and outside. Parking lot was recently repaved.

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6 265 S Harris Rd - Airport Building B Ypsilanti, MI Washtenaw E of 23 Ind Submarket 10,500 SF Available for lease with Avg Asking Rent of $5.49/sf/yr 10,500 SF Class C Industrial Warehouse Building Built in 1994 Sale For Lease Date Mar 2000 Sale Type Owner/User Smallest Space 5,500 SF Max Contiguous 10,500 SF # of Spaces 1 Industrial Avail 10,500 SF Building Type 2 Star Industrial Warehouse Vacant 10,500 SF % Leased 0% Asking Rent $5.49/SF Triple Net CAM RBA 10,500 SF Stories 1 Typical Floor 10,500 SF Class C Year Built 1994 Tenancy Multi Owner Occup No Space Floor SF Available Use Rent E 1st 5,500-10,500 SF Industrial $5.49/NNN Docks 1 ext Drive Ins 1 tot./10'w x 7'9"h Cross Docks Levelators Construction Masonry Building Ht 14' Truck Wells 1 Power Utilities Parking 550a/240v 3p Taxes $0.20/SF (2012) Ceiling Ht 10' Columns Elevators Sprinklers Rail Spots Cranes Gas - Natural, Heating, Lighting - Fluorescent, Sewer, Water 30 free Surface Spaces are available; Ratio of 2.86/1,000 SF Leasing Activity Sign Date SF Leased Use Rent Rent Type Mar ,551 SF Industrial $2.50/MG Asking Market Conditions Vacancy Rates Current Current Building 100% 0.0% Submarket 1-3 Star 0.5% 0.1% Market Overall 2.3% 0.3% Asking Rents Per SF Current Building $ % Submarket 1-3 Star $ % Market Overall $ % Walk Score Car-Dependent (47) Transit Score Some Transit (30) Land Land Acres 1.37 AC Bldg FAR 0.18 Land SF 59,677 SF Dimensions 100' x 374' Submarket Leasing Activity 12 Mo. Leased SF 648, % Months on Market mo Submarket Sales Activity Current Prev Year 12 Mo. Sales Volume (Mil.) $1.4 $ Mo. Price Per SF $29 $44 Zoning B1 Parcel Tenants Property Contacts Recorded Owner Web Enterprise Properties, LLC Primary Leasing GLOBAL Realty Group, LLC Name NAPA Auto Parts SF Occupied 5,500 SF Documents Property Features Marketing Brochure/Flyer Bus Line Fenced Lot

7 Building Notes Property Located Between: West of Ford Blvd, North of of Ecorse Road Highway Access: I-94 west miles, I-94 east 2.6 miles, US-12 East miles, US-12 West miles Airports: Willow Run Airport miles Site Description: This building is located on 1.4 acres site with 2 other buildings. The Building is sq. ft. of clear space with no columns. Potential for additional office and/or warehouse space in adjacent buildings. The property has a 6' high chain link fence around the perimeter. Interior Description The building has two lavatories, a 12' x 12' office, a 8' x 15' office or break room and a 8' x 6' storage room. The ceiling height to the bottom of the truss is 10' clear. The building has a 10 x 10' overhead door with grade level entry and loading dock access. Additional Office space and Warehouse space is available in the adjacent buildings. Public Transportation Airport Drive Distance Detroit Metropolitan Airport 18 min 16.2 mi Demographics 1 Mi 3 Mi Population 12,021 66,559 Households 4,873 27,087 Average Age Median HH Income $41,495 $41,799 Daytime Employees 3,264 20,501 Population Growth '17-'22 Household Growth '17-'22 Traffic 4.5% 3.6% 4.6% 3.8% Collection Street Cross Street Traffic Vol Year Distance Crestwood Ave S Harris Rd E mi Duncan Ave S Harris Rd E mi S Harris Rd Duncan Ave N 3, mi S Ford Blvd Russell St N 9, mi S Ford Blvd Parkwood Ave S 8, mi Location Zip Submarket Washtenaw E of 23 Ind Submarket Cluster Washtenaw Ind Market Detroit County Washtenaw State Michigan CBSA Ann Arbor, MI DMA Detroit, MI Made with TrafficMetrix Products Property ID:

8 Interior Washtenaw E of 23 Industrial Submarket Map Washtenaw Industrial Market Map Detroit Industrial Submarket Overview Map Detroit Industrial Market Overview Map

9 Joe Arnold St. Arnold Commercial Realty Professional Profile Broker Working in Commercial Real Estate Since 1992 Joe Arnold, CCIM candidate and member of the Commercial Board of Realtors (CBOR), is a licensed Commercial Broker and Owner of St. Arnold Commercial Realty with a focus on Deferred Sales Trusts and 1031 Tax Deferred Exchanges and the leasing and sale of industrial, hi-tech, and office facilities in Southeastern Michigan. Joe holds an MBA degree from Michigan State University with a concentration in Marketing, Finance and Accounting and also has a BS degree in Law from Eastern Michigan University. Throughout his career, Joe has been responsible for the acquisition, disposition and leasing of office, hi-tech and industrial properties. Joe has over 20 years of experience in Property Management as a landlord and building owner and has managed numerous commercial build out and renovation projects. He has provided consulting services, landlord and tenant representation services, and buyer seller representation as well as having experience in commercial and industrial sales. Joe is also a Licensed Builder with 30+ years of experience with commercial and industrial build out / renovation projects for hi-tech data centers, hospital labs and industrial process control projects as well as building residential homes. In addition to Joe s real estate related experience, Joe brings over 35 years of electrical and mechanical engineering, construction and marketing experience to the table as the President of Computer Environments in Ypsilanti, MI. He has specialized in TURN-KEY, design-build infrastructure solutions for mission critical applications with projects ranging from Computer Rooms to Hospital Laboratories to Industrial Process Control applications. Joe has implemented design criteria to insure the highest levels of uptime for Hi-Tech applications involving microprocessor-controlled devices. He has also received a patent as the inventor of a hybrid electrical panel board that mitigates electrical power disturbances and has been a featured guest speaker at numerous trade shows and seminars throughout the United States and internationally. Joe has over 20 years of involvement with the Boy Scouts of America as a member and adult leader and is a member of the Knights of Columbus. He is an avid whitewater kayaker, archer and bow hunter, has a lifelong passion for music and as an audiophile. His hobby is photography. Joe raised 5 children in Northville, MI & resides in Ann Arbor. Michigan Real Estate Broker s License: Michigan Builders License: SAINT ARNOLD COMMERCIAL REALTY P.O. BOX YPSILANTI, NI., PH # (800) FAX # (734) joe@saintarnoldcommercial.com Internet Page 1

10 Education - Credentials B.S. Eastern Michigan University 1974 Law, Marketing, Finance & Accounting Licenses: Michigan Real Estate License: Builders License: Masters - MBA Michigan State University, 1976 Marketing, Finance & Accounting Associations Member Commercial Board of Realtors Michigan Association of Realtors National Association of Realtors Candidate Certified Commercial Investment Member (CCIM) Services Offered CoStar MLS CPIX MLS Loopnet MLS Realcomp MLS RPR (Realtors Property Resource MLS Property Development Tenant Buildout Property Management Achievements U.S. Patent & Trademark Office Guest Speaker Developed advancement in power quality protection equipment. Awarded US Patent 7,633,772 B2. Numerous appearances internationally as a guest speaker on power quality and protecting mission critical facility equipment for numerous associations, conferences and companies including; Society of Hospital Engineers, Wisconsin Public Power, Great Lakes Broadcasting Association, Bio-Med Tech Association Data Processing Manager s Association, Plant Engineering Conference, Power Quality Expo Conference, Information Technology Expo Conference & many Consulting Eng. firms. Page 2