For Sale / Lease. Former Mall Anchor and Outparcel Available. Area retailers. 101 Northgate Mall Drive Hixson, TN 37343

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1 For Sale / Lease Former Mall Anchor and Outparcel Available Former Mall Anchor space is 173,124 SF with two levels, built in Parcel size is Acres. Out-Parcel available is a Former Firestone Auto Center on 3 acres with a 14,091 SF existing building, built in Immediate occupancy Part of 762,381 SF Northgate Mall, anchored by Belk, Sears and Burlington Coat Factory 41,652 vehicles per day on Highway 153 Area retailers Kohl s, Academy Sports, Target, PetSmart, Best Buy, Bed Bath & Beyond, Burkes Outlet, Staples, Dollar Tree, Hobby Lobby, Books A Million, Food City, Lowe s, Home Depot, Planet Fitness, Aldi 101 Northgate Mall Drive Hixson, TN Brian Forrester, CCIM brian.forrester@am.jll.com Drew Chorney drew.chorney@am.jll.com Steve Yenser steve.yenser@am.jll.com Brett Yenser brett.yenser@am.jll.com jllretail.com DISCLAIMER 2017 Jones Lang LaSalle IP, Inc. All rights reserved. All information contained herein is from sources deemed reliable; however, no representation or warranty is made to the accuracy thereof.

2 Project Details Overview The former JC Penney and Firestone properties are located as part of the Northgate Mall and strategically located at the intersection of Highway 153 (41,652 vpd) and Hixson Pike (32,596 vpd). The Northgate Mall is anchored by Belk, Sears and Burlington Coat Factory and was renovated within the past five years by Chattanooga-based CBL Properties. As part of the renovation, Old Navy, Michael s, ULTA, Ross Dress for Less and other tenants opened in the project. Numerous restaurants surround the mall; including Outback Steakhouse, Panera Bread, Chili s Bar & Grill, Logan s Roadhouse and Old Chicago Pizza & Tap Room. The mall anchors the Northgate regional trade area. Area retailers include Target, Best Buy, Bed Bath & Beyond, Walmart Supercenter, Lowe s, Home Depot, Academy Sports and others. The trade area population includes 174,730 people and 71,395 households earning an average household income of $72,891 annually. The trade area s population is projected to increase 0.82 percent annually between 2017 and 2022, which is slightly less than the projections nationwide. Project Owner is offering for sale or lease the former JC Penney anchor box and the former Firestone Auto Care Center located on the mall ring road. The JC Penney box has two floors and 1,286 parking stalls. The building has connectivity to the main intersection of the mall s interior and offers exterior signage opportunities and site lines from Highway 153. The former Firestone Auto Care parcel has a is 14,091 square feet building on three acres and is in front of the mall on the southern end of the property. It has great visibility to mall customers and traffic along Highway 153. It s an excellent opportunity for a variety of uses wanting a high profile location in the regional trade area. Owner would consider ground leasing, redeveloping the property or selling the property. Availability Date: Immediate occupancy Available Retail Space: JCP: 173,124 SF with two levels, built in Parcel size is acres. Firestone Auto Center: 14,091 SF building, built in Parcel Size is 3 acres. Delivery Condition: Selling properties as-is, where-is. For a lease, to be negotiated based on deal structure Retail Parking: JCP: 1,286 stalls 7.4/ 1,000 SF parking ratio; Firestone Auto Center: 146 stalls 10/1,000 SF parking ratio Trash: Users are responsible for their own trash DISCLAIMER 2017 Jones Lang LaSalle IP, Inc. All rights reserved. All information contained herein is from sources deemed reliable; however, no representation or warranty is made to the accuracy thereof.

3 Location The former JC Penney and Firestone properties are located as part of the Northgate Mall and strategically located at the intersection of Highway 153 (41,652 vpd) and Hixson Pike (32,596 vpd). The mall anchors the Northgate regional trade area. Area retailers include Target, Best Buy, Bed Bath & Beyond, Walmart Supercenter, Lowe s, Home Depot, Academy Sports and others. The trade area population includes 174,730 people and 71,395 households earning a median household income of $51,757 annually. The trade area s population is projected to increase 0.82 percent annually between 2017 and 2022.

4 12.24 Acres 173,124 SF with two levels 14,091 SF 3 acres

5 Demographics 3 Mile 5 Miles 7 Miles 33,692 85, ,742 36,066 82, ,696 $71,999 $71,399 $69, Trade Area 174, ,975 $72,