Executive Summary. W 135th Street & Antioch Road Overland Park, KS. Sam's Club - Separately Owned. Home Depot - Separately Owned

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1 W 135th Street & Antioch Road Overland Park, KS Sam's Club - Separately Owned Aldi - Separately Owned Home Depot - Separately Owned Executive Summary Holliday Fenoglio Fowler, L.P. ( HFF ) a Kansas licensed real estate broker.

2 H olliday Fenoglio Fowler, L.P. ( HFF ) is pleased to offer, on an exclusive basis, the the Kansas City metro s most affluent residential neighborhoods, a dynamic employment opportunity to acquire Overland Pointe Marketplace (the Center or Property ), hub, and nineteen million square feet of retail. The Property has a unique confluence of a 80,047 square foot community center anchored by Babies R Us (Ground continuous demand drivers provided via market leading anchors, and its proximity to Lease), Golf Galaxy, and separately-owned anchors Home Depot, Sam s Club, and Aldi. highly desirable shopper demographics. Overland Pointe Marketplace represents a rare Overland Pointe Marketplace is located in Overland Park, Kansas, the fastest growing opportunity to acquire a well-located shopping center with tremendous anchor tenancy city in the state since Located in South Johnson County, the Center is surrounded by and multiple value enhancement opportunities. U. S. H ig hw ay Not apart of Overland Pointe 6 Antioc h Road 22,228 VPD r 33 W1 t ree d St executive summary 135th Street 37,541 VPD Not apart of Overland Pointe 69 72,4 82 VP D

3 EXCEPTIONAL TRADE AREA DEMOGRAPHICS Overland Pointe Marketplace is ideally located in Overland Park, Kansas, which is Kansas City s wealthiest and fastest growing residential community. Retailer s proximity to a rapidly growing and affluent consumer base is unmatched elsewhere in the Kansas City metro. PROPERTY OVERVIEW West 133rd Street & ADDRESS: West 135th Street Overland Park, KS GLA: 80,047 sf OCCUPANCY 93.6% 2002 (North Building) YEAR BUILT: 2004 (South Building) SITE SIZE (ACRES) +/ PARKING RATIO 4.6 : 1,000 sf TRAFFIC COUNTS Antioch Road: 22,228 VPD West 135th Street: 37,541 VPD U.S. Highway 69: 72,482 VPD Over 92,000 people in a 3-mile radius with average household incomes of $121,205, which is 135% higher than the Midwest average. Average Household values of $307,463. Population growth of 45.8% within a 3-mile radius since 2000, outpacing Kansas City s growth of 13.1% over the same period. Approximately 70.8% of population have attained a bachelor s degree or higher. Over 70% of housing is owner occupied within a 5-mile radius. 94.6% of the population is classified as having a white collar, service, or farming occupation. Demographics Overview DEMOGRAPHICS 1-MILE 3-MILE 5-MILE 2020 Projected Population 11,486 98, , Population 10,477 92, ,442 Projected Population Growth 9.63% 6.87% 5.53% Growth % 45.77% 33.50% Avg. HH Income $127,929 $121,205 $113,660 Avg. Housing Value $299,292 $307,463 $275,591 3 executive summary 7

4 Aldi - Separately Owned ABUNDANT DEMAND DRIVERS SUPPORTING RETAIL DEMAND The Property is located in close proximity to established residential, office, and retail corridors in Kansas City s most desirable submarket. SIGNIFICANT VALUE ENHANCEMENT OPPORTUNITIES Golf Galaxy recently renewed at $5.00 per square foot gross through January Golf Galaxy was previously paying $16.25 net, allowing a new investor to either re-structure the existing lease or re-tenant at market rates. The most recently signed lease was at $24.00 psf, representing a 20% premium to the inline space average. Projected NOI growth of over 94% over a 10-year hold. South Johnson County is Kansas City s third largest retail submarket with 19.0 million square feet of retail inventory. This submarket commands the highest rental rates in the market, outperforming the metro by 36%. Johnson County has been Kansas s largest provider of employment in the last 15 years and is home to more than 7,000 businesses including major employers Sprint and Black & Veatch. Overland Park has a daytime workforce population of over 200,000 employees. Over 37,500 vehicles per day traverse 135th Street. Sam's Club - Separately Owned CATEGORY LEADING CO-ANCHOR TENANCY The Property is anchored by a diverse set of nationally recognized site selection leaders. Home Depot, Sam s Club, and Aldi allow Overland Pointe Marketplace to draw from an extended radius and create consistent and daily traffic on site. Additionally, these anchors provide stability by retaining and attracting new retailers. Dominant, investment grade anchors: Sam s Club (S&P: AA) and Home Depot (S&P: A). Home Depot is one of six in Johnson County, and the only big box home improvement store in a 4-mile radius. Sam s Club is one of only two locations in Johnson County, creating a significant destination draw to the Property. Grocery anchor Aldi attracts daily traffic to the Property, driving demand for complementary service and restaurant uses. 84 executive summary

5 Nicklaus Golf Club at Lichsgate Overlord Trail Middle School Estates of Nottingham South Deer Creek Golf Club South Creek Business Park 69 way gh. Hi S. U Brandon Place 82 V 72,4 135 PD th S Kelly Park t Separately Owned 37, Lexington Farms Parkbridge tree Separately Owned ad Vikings Trace h An c tio Ro 2 2 2, 28 D VP Speak Eyecare & Design 541 VPD

6 COMPLIMENTARY TENANT MIX STRENGTHENED BY RECENT LEASING VELOCITY Overland Pointe Marketplace has a diverse tenant roster with a balanced mix of restaurant and service-oriented tenancy, paired with destination anchors Golf Galaxy and Babies R Us. The Property s inline uses successfully capture shopper cross-traffic provided by Overland Pointe s incomparable anchor draw. Four new leases totaling 10,300 square feet (13% of GLA) have been leased in the last 24 months. Additionally, recent lease rate represent a 20% premium to in-place rates. Golf Galaxy has its only location in Kansas City, and in the state of Kansas, at Overland Pointe Marketplace. Babies R Us has it s only location within a 7-mile radius and is one of only four stores in the Kansas City metro. The Property has a diverse tenant mix that is unparalleled for other properties of this scale. Uses include restaurants, service, home improvement, sporting goods, warehouse club, and specialty grocer. Tenant Overview TENANT SQUARE FEET % OF TOTAL Babies "R" Us (Ground Lease) 37, % Golf Galaxy 14, % The Big Biscuit 4, % KC India Mart & Chilly N' Spice 4, % Other Tenancy 13, % Occupied SF 74, % Available SF 5, % Total SF 80, % FREE & CLEAR OF EXISTING FINANCING Overland Park Marketplace is being offered on a free and clear basis, which allows an investor to take advantage of today s strong lending environment, thus generating attractive levered returns EXECUTIVE executive SUMMARY summary

7 Separately Owned INVESTMENT CONTACTS AMY SANDS Director CLINTON MITCHELL Director PROPERTY OVERVIEW Separately Owned Sam's Club - Separately Owned SEAN FOGARTY Managing Director sfogarty@hfflp.com KS License: #BR JONATHAN NORTON Analyst jnorton@hfflp.com HFF and HFFS (HFF Securities L.P.) are owned by HFF, Inc. (NYSE: HF). HFF operates out of 22 offices nationwide and is a leading provider of commercial real estate and capital markets services to the U.S. commercial real estate industry. HFF together with its affiliate HFFS offer clients a fully integrated national capital markets platform including debt placement, investment sales, equity placement, advisory services, loan sales and commercial loan servicing. For more information please visit hfflp.com or follow HFF on HFF has been engaged by the owner of the property [properties] to market it [them] for sale. Information concerning the property [properties] described herein has been obtained from sources other than HFF and we make no representations or warranties, express or implied, as to the accuracy or completeness of such information. Any and all references to age, square footage, income, expenses and any other property specific information are approximate. Any opinions, assumptions, or estimates contained herein are projections only and used for illustrative purposes and may be based on assumptions or due diligence criteria different from that used by a buyer. Buyers should conduct their own independent investigation and rely on those results. The information contained herein is subject to change. Aldi - Separately Owned DEBT CONTACT TIMOTHY JOYCE Managing Director tjoyce@hfflp.com Home Depot - Separately Owned Atlanta Austin Boston Charlotte CHICAGO Denver Dallas Florham Park (NJ) Houston Indianapolis Los Angeles Miami New York Orange County (CA) Orlando Philadelphia Pittsburgh Portland (OR) San Diego San Francisco Tampa Washington, DC