Winn Dixie new 20 year NNN lease

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1 Subject Property Phone: Fax: Exclusive Offering In Connection With: Winn Dixie new 20 year NNN lease 1625 West Tharpe Street - Tallahassee, FL Price: $5,547,769 NOI: $360,605 CAP: 6.50% Less than 2 miles from Florida State University with 40,000 students Established location where tenant recently entered into new absolute triple net 20 year lease Positive sales growth 2013 to 2014 Low rent to sales ratio 5% rent bump in year 11 and each option 158,000 five mile population No state income tax

2 Property Investment Line Overview Map PROPERTY OVERVIEW: EXP Realty Advisors exclusively presents for sale a 51,515 sf Winn Dixie located in Tallahassee, FL. The property is less than 2 miles from Florida State University. There are approximately 19 years remaining on the primary lease term, and 6 5 year renewal options with 5% rent increases in year 11 and each option. Tenants located in the immediate area include Wells Fargo, Exxon, Bruster's Ice Cream, and Marathon Gas. This store has been operating at this location since December 14, 2000 and has a low rent to sales ratio of 2.67%. There is a small retail strip center on a pad site at the property which is not included in the sale. Tenants in the strip center pad include Philly Connection, Redbox, and Taco Libre among others. Winn Dixie reports sales and sales have increased annually 2013to Contact us for details. INVESTMENT SUMMARY Price: $5,547,769 CAP Rate: 6.50% NOI: $360,605 There are over 40,000 students enrolled in Florida State University. Florida State University is home to nationally ranked programs in many academic areas, including law, business, engineering, medicine, social policy, film, music, theater, dance, visual art, political science, psychology, social work, and the sciences. Florida State University is ranked the nation's forty-third best public university by U.S. News & World Report. Tallahassee is the capital of the U.S. state of Florida. It is the county seat and only incorporated municipality in Leon County, and is the 126th largest city in the United States. Tallahassee is a center for trade and agriculture in the Florida region and Southwest Georgia and is served by Tallahassee Regional Airport and Interstate 10. As a capital city, Tallahassee is home to the Florida State Capitol, Supreme Court of Florida, Florida Governor's Mansion, and nearly 30 state agency headquarters. The city is also known for its large number of law firms, lobbying organizations, trade associations and professional associations, including the Florida Bar and the Florida Chamber of Commerce. It is also a recognized regional center for scientific research, and home to the National High Magnetic Field Laboratory. LEASE SUMMARY: Lease Expiration: 12/31/2033 Current Rent: $360,605 rent escalates 5% in year 11 to $378, Options: 6 (5) year renewal options 5% rent increases in each option Lease Type: Absolute NNN no Landlord responsibilities TENANT OVERVIEW: Winn Dixie Stores, Inc. guarantees the lease with Winn-Dixie Stores Leasing, LLC On March 12, 2012, Winn-Dixie and Greenville, S.C.-based BI-LO became subsidiaries of the privately held parent company, BI-LO Holding, which is the ninth-largest supermarket chain in the United States with 688 grocery stores and 63,000 team members in eight states throughout the southeast. BI-Lo and Winn-Dixie parent company, Southeastern Grocers, LLC, is planning an initial public offering of stock under SEG. Founded in 1925, Winn-Dixie is headquartered in Jacksonville, Fla., and currently operates 482 stores throughout Alabama, Florida, Georgia, Louisiana and Mississippi. Winn-Dixie has a competitive market share with prime convenient locations in some of the most attractive and fastest growing regions of the southeastern United States with high population density. Escalation: Bld. sf: Land Size: Lease Type: Options: 5% in year 11 and in each option 51,515 sf 8.00 acres NNN (no landlord responsibilities) 6 (5) year renewal options

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4 Area Property Aerial History Line Map ADT: 27,305

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6 Area Property Site Plan History Line Map STRIP CENTER NOT INCLUDED

7 Property Demographic Line Data Map Radius 3 Mile 5 Mile 10 Mile Population: 2020 Projection 98, , , Estimate 95, , , Census 92, , ,794 Growth % 3.46% 3.42% Growth % 4.14% 4.01% 2015 Population Hispanic Origin 7,595 10,914 16, Population by Race: White 54,910 89, ,658 Black 35,597 60,487 84,387 Am. Indian & Alaskan Asian 2,775 4,232 8,330 Hawaiian & Pacific Island Other 2,116 3,396 5,255 Households: 2020 Projection 40,683 67, , Estimate 39,304 65, , Census 37,906 62,890 99,515 Growth % 3.63% 3.55% Growth % 4.24% 4.04% Owner Occupied 11,490 25,153 52,349 Renter Occupied 27,814 40,403 51, Avg Household Income $43,932 $52,822 $65, Med Household Income $28,645 $36,114 $45, Households by Household Inc: <$25,000 17,954 24,506 30,235 $25,000 - $50,000 10,069 17,414 26,014 $50,000 - $75,000 5,074 9,617 16,483 $75,000 - $100,000 2,772 6,085 11,759 $100,000 - $125,000 1,194 2,989 6,734 $125,000 - $150, ,282 3,759 $150,000 - $200, ,826 4,270 $200, ,838 4,283 Exclusively listed by: EXP Realty Advisors 118 East 28th Street Suite #901 New York, NY Phone: (212) Fax: (212) Website: Our Team Robert James Phone: (212) rob@exp1031.com Daniel de Sa' Phone: (212) dan@exp1031.com Florida Broker of Record: License Number: BK53897