HOLLAND FARMS COMMERCIAL OUTLOTS U V HIGHWAY 28 & BEARDSLEY, NORWALK, IOWA SOLD. Elizabeth Holland Park FOR SALE. Beardsley St

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1 FOR SALE Beardsley St C-2 OUTLOT X 1.63 Acres Elizabeth Holland Park Park Construction 2016 United Properties Sunset Dr AVAILABLE M.D./P.U.D. OUTLOT Y 7.30 Acres EXTENSION OUTLOT V PARKres.82 Ac AVAILABLE OUTLOT U 4.02 Acres m/l Turnberry Drive Loffredo AVAILABLE PLAT 3 LOT Acres Colonial Pkwy CBRE HUBBELL COMMERCIAL 6900 Westown Parkway West Des Moines, Iowa

2 X Elizabeth Holland Park United Properties Y V U Gregg Young Chevrolet Capital City Fruit SITE FEATURES Commercial development ground for sale. Quick access to downtown & I Outlot U Acres - $700,000 Outlot V -.82 acres - Park Land Extension + + Potential uses: retail, medical, office & commercial, event center, indoor recreational wellness facility + + P.U.D. Zoning C3 + + Quick access to downtown Des Moines + + Easy access to I-35 from Highway 5 extension + + Offsite access to City owned and maintained regional detention within Elizabeth Holland Park for one time access fee, estimated at $5,000 per acre + + Outlot V to be dedicated to the City of Norwalk for park extension + + Shared access agreement with City of Norwalk with cross-easement + + Elizabeth Holland Park trail head adjoining subject property

3 Outlot V.82 To be dedicated to City of Norwalk Storm Water and Bike Trail Extensions Outlot U 4.02 Acres m/l C-3 PUD Zoning Contours shown may not represent final rough grade Elizabeth Holland Park 120 Outlot U/Trail head shared access with cross easement

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5 USE RESTRICTIONS. During the term of this Declaration and for the benefit of the Benefited Party, the Restricted Parcels (Parcels 1 & 2) must not be used for any of the following, to-wit: 1. The retail sale of (i) edible parishable products, including, but not limited to fruits, vegetables, meat and seafood; (ii) pre-packaged food and/or pre-packaged beverages, provided, however that the same may be sold on the Restricted Parcel so long as the sale of such products does not exceed five percent (5%) of the gross sales of such business; and/or (iii) alcoholic beverages for off premises consumption (for purposes of clarification of the foregoing only, and not in limitation, the restriction contained in this Section 3(e) is not intended to prohibit restaurant uses); 2. Retail or discount grocery or supermarket (by way of example only, and not limitation: Fareway, Albertson s, Kroger, Safeway, Price Chopper, Aldi, Trader Joes, Whole Foods Market, Gateway Market); 3. The Sale of prescription and/or over-the-counter pharmaceuticals; PARCEL 1 N PARCEL 2 Beardsley Street 4. Retail store marketed as any form of dollar store (by way of example only, and not in limitation: Dollar General, Family Dollar, Dollar Tree); 5. Supercenter 6. Wholesale or club store (by way of example only, and not in limitation: Costco, Sam s Club); 7. Convenience store or gas station; 8. Financial services, namely: banking; retail banking; deposit services; financial investment in the field of securities; investment advisory; investment consultation services; extending consumer and industrial loans to others; commercial lending; servicing loans and extensions of credit; real estate lending; mortgage financing and mortgage servicing; providing venture capital to others; insurance and trust services, offered over the telephone, over a global computer network, and through traditional banking means, namely in person and/or through automated teller machines. RESTRICTIONS RUN WITH LAND. The use restrictions imposed by this instrument constitute covenants running with the land and, as such, will be binding upon the owners from time-to-time of the Restricted Parcel and their respective heirs, successors and assigns. CONTACT US CRAIG KING, ALC Vice President craig.king@cbre-hubbell.com 2018 Hubbell Commercial Brokers, L.C., d/b/a CBRE Hubbell Commercial. We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdraw without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction. Photos herein are the property of their respective owners and use of these images without the express written consent of the owner is prohibited. LISTING # UV