TROPHY RETAIL TN INVESTMENT GRADE PORTFOLIO

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1 8/24/2017 LoopNet -, Community Center, 1 ALHAMBRA PLAZA PH SUITE, Coral Gables, FL CRESGLOBAL CRESGLOBAL PLS, NO PH CALLS. FOR BEST RESULTS . THK YOU. (786) Retail Property For Sale TROPHY RETAIL TN INVESTMENT GRADE PORTFOLIO 1 ALHAMBRA PLAZA PH SUITE, Coral Gables, FL Price: $40,000,000 Gross Leasable Area: 185,000 SF Price/SF: $ Property Type: Property Sub-type: Additional Subtypes: Retail Community Center Office Building Restaurant Free Standing Bldg Property Use Type: Net Lease Investment with Cap Rate: 8.50% Occupancy: 95% No. Stories: years left on lease Tenancy: Multiple Year Built: 2002 Lot Size: APN / Parcel ID: Parking Ratio: 1.50 AC CRESGLOBAL.NET PORTFOLIO/NDA FOLIO ID INSECT IN COMMENTS SECTION/LOI / 1,000 SF Listing ID Last Updated 4 days ago Find Out More... Highlights *TROPHY CLASS A+ TRIPLE NET INVESTMENT GRADE WELL BALANCED PORTFOLIO/STABILIZED NOI WITH UP-SIDE ON RENT ROLL RENEWALS TO TN $3.2M. IN PLACE INVESTMENT GRADE NOI $2M WITH ANNUAL 5% INCREASES SCHEDULED TO HIT 1/5

2 8/24/2017 LoopNet -, Community Center, 1 ALHAMBRA PLAZA PH SUITE, Coral Gables, FL IN PLACE INVESTMENT GRADE NOI $2M WITH ANNUAL 5% INCREASES SCHEDULED TO HIT $3.4M WITHIN 5-YEARS RENT ROLL TURNOVER CYCLE/STRONG TENANCY SALES PSF. CORAL GABLES FL IS A TOP RATED GLOBAL CITY/UNIVERSITY OF MIAMI/HOTEL RESORT/RETAIL/FAMILY/DESTINATION-LIVE/WORK/PLAY LIFESTYLE. RECENT $3M +/-CAM CAPITAL DEPLOYED/$90M CAPITAL MUNICIPAL INFRASTRUCTURE INVESTMENT PROGRAM. TO HIT 8.5% CAP/$56M VALUATION/COULD BE SOLD AS CONDO TO HIT $60M MARKET VALUATION. OUR FIRM CAN PROVIDE PM/LEASING/CONDO SALES IF SO DESIRED. PLEASE SEND CLEAN $40M LOI/BANK POF WITH BUYER ATTORNEY NON-BINDING ESCROW LETTER $1M TO BE AWARDED 75-DAY DD/PSA. NO EXCEPTIONS. Description *FINANCIALLY PRE-QUALIFIED PRINCIPALS ONLY THAT SUBMIT THE REQUIRED DELIVERABLE'S SHALL BE CONSIDERED NO EXPECTATIONS. TROPHY INVESTMENT GRADE TRIPLE NET PORTFOLIO STABILIZED NOI WITH ANNUAL INCREASES COULD BE SEPARATELY SOLD TO HIT $60M SALES AND $20M GROSS PROFIT WITHIN 5-YEARS OF CLOSING.1-PLEASE GO TO WEBSITE CONFIDENTIALLY SUBMISSION & REGISTER DETAIL BUYER DATA WITH ID SUBMIT CLEAN LETTER OF INTENT TO CORPORATE REAL ESTATE SOLUTIONS LLC WITH ASSET ID WITH USA BANK POF FOR $17M TO ASSUME CMBS DEBT BALANCE OR $40M USA BANK POF DELIVERED FREE OF ALL DEBT ENCUMBRANCES. IN PLACE LIST ARE FIRM FROM 5 TO 10- YEARS REMAINING & 43-FOLLIO CAN BE SOLD SEPARATELY BACK TO THE TENANCY OR OTHERS INVESTORS OR BACK TO THE HOA AT MARKET RATE. EBITDA IN THE $25M TO $25M RANGE GIVEN THIS TROPHY RETAIL/OFFICE ASSET. THE PARKING GARAGE IS 400-SPACES=$20M SALE OR NOT. PRESENT TN NOI IN THE $300K + RANGE RETAIL 40,000/OFFICE 25K & PARKING 400K=120K SF +/-.ALL ENTER CONNECTED 43 FOLIO'S PLEASE, NO PHONE CALLS. THANK YOU. ASSET ID KEY SOUTH FLORIDA RETAIL/OFFICE MSA AND GLOBAL MARKET. Financial Summary Proforma Year Net Operating Income 2017 $3,400,000 Major Tenant Information Tenant Lease End Date INVESTMENT GRADE TENANCY, BANKS, RETAIL HEALTHCARE & LONG TERM MIX CREDIT TN PARKING INCOME LEASES ARE 10-YEAR FIRM/LANDLORD OPTION INVESTMENT GRADE TENANCY/LOCAL CREDIT Debt & Equity Information Debt Type Existing 2/5

3 8/24/2017 LoopNet -, Community Center, 1 ALHAMBRA PLAZA PH SUITE, Coral Gables, FL Amortized Over Due In Down Payment $17,000,000 Loan Description NEW ASSUMABLE CMBS 10/25 OR DELIVERED FREE OF DEBT ENCUMBRANCES. PROPERTY PRE- APPROVED. WE CAN PROVIDE WITH 30% CASH TO CLOSE. Map of 1 ALHAMBRA PLAZA PH SUITE, Coral Gables, FL (Miami-Dade County) Additional Photos 3/5

4 8/24/2017 LoopNet -, Community Center, 1 ALHAMBRA PLAZA PH SUITE, Coral Gables, FL 4/5

5 8/24/2017 LoopNet -, Community Center, 1 ALHAMBRA PLAZA PH SUITE, Coral Gables, FL Created 12/7/ /5