Great Western Shopping Center. 240 North Wilson Road Columbus, OH

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1 240 North Wilson Road Columbus, OH $7,200, % CAP $1,025,067 NOI (actual in place) 293,630 sf center with a stabilized and value add component offered at $24.52 psf on 37 acres 14.24% in place cap rate with investment grade Franklin County providing most of the income Sale includes a 50,800 sf former Kroger and 15,560 sf of vacant shop space for leasing upside Tenants include Restaurant Depot, Imagine Schools, Talecris Plasma and Subway among others Ownership recently invested $300,000 in property upgrades including parking lot New 25,000 sf anchor tenant (Habitat for Humanity) Neighboring tenants include Target Greatland, Kroger, OfficeMax, and BigLots! Property is one mile from the new $400 million Penn National Casino on a 123 acres (Q4-2012) Sale includes Franklin County Opportunity Center which has an S&P: AA- rating

2 PROPERTY OVERVIEW: EXP Realty Advisors exclusively presents for sale the fee interest in a 293,630 sf shopping center situated upon acres in Columbus Ohio. The investment opportunity offers a unique blend of stabilized investment grade income combined with leasing upside from existing vacancy. 49% of base rent comes from a AA- rated tenant, Franklin County, which has operated a 47,550 sf jobs center at the property for over 14 years. There is currently 65,440 sf of vacancy (50,880 anchor and 14,560 in-line), four undeveloped pad sites and excess land for value add and leasing upside. Existing tenants include Imagine Schools, Restaurant Depot, Habitat for Humanity, Talacris Plasma Resource, Minutemen Staffing Services, Subway, Instant Tax Service, Family Focus and a billboard leased to Clear Channel Outdoor Advertising. Target Greatland and Kroger are located across the street, and Big Lots! and Hillcrest Bowling Lanes are in an adjacent shopping center to the south. The property is located on Wilson Road just minutes from I-70, I-270 and the new 400 million dollar Penn National Hollywood Casino Columbus which is under construction and scheduled to open in the forth quarter of The Casino is on 123 acres, less than one mile from the center. The 300,000 sf development will contain 180,000 square feet of gaming area with 4,000 slots, 100 table games, 25 poker tables, a 4,000 space parking garage, a variety of food, beverage and entertainment offerings. Columbus, OH List Price: $7,200,000 NOI: $1,025,067 Cap Rate: 14.24% Leasable Sq Ft: 293,630 sf Vacant Sq Ft: 65,440 sf Acres: Ownership: Fee Simple MAJOR TENANTS: The Franklin County Opportunity Center lease is backed by Franklin County which has a AA- bond rating. Restaurant Depot is one of the nation s largest restaurant suppliers offering fresh and frozen foods, beverages, restaurant equipment and cleaning supplies in 79 locations which are open seven day a week. Imagine Schools educates 20,000 students in 40 elementary and secondary schools. Talecris Plasma Center was recently sold to Spain s Grifols S.A. for 4.2 billion. Grifols has a S&P BB- credit rating. LOCATION OVERVIEW: According to the 2010 census, Franklin County has as a population of 1,163,414, which is an increase of 8.8% from 1,068,978 in It is the second largest county in Ohio and the 34th largest county in the United States. Franklin County is also the largest in the eight-county Columbus MSA. Columbus is the capital and largest city in Ohio, as well as the 15th largest city in the United States. Since 1990, average household income increased 38% in 's five mile trade area. The daytime population within the primary trade area is over 265,000 people. The Columbus MSA has a population of 1.6 million. Columbus is home to Ohio State University, the largest University in the US and a major economic force. The diverse employment base in Columbus contains a young and well-educated workforce. Major employers in Columbus include Nationwide Insurance, The State of Ohio, JP Morgan Chase, Limited Brands, Ohio State University, Ohio Health and Big Lots! whose headquarters is located about one mile from the.

3 Site Plan Excess Land for Expansion Vacant Undeveloped Pad Sites N.A.P.

4 Labeled Aerial Undeveloped Pad Sites (Included With Sale) Self Storage Low Rise Apartments

5 In-Place Rent Roll 683,142 Net Operating Income 1,025,067

6 Labeled Aerial N.A.P. N.A.P

7 Hollywood Columbus Casino Press Release Hollywood Casino Columbus, located at Georgesville Road and West Broad Street on Columbus West Side, is scheduled to open late in The $400 million, 300,000-square-foot facility will open with 3,000 slot machines, 70 table games and a poker room. Amenities include the Final Cut Steakhouse, Epic Buffet, a sports lounge, food court and entertainment venue, with both structured and surface parking. The casino will initially employ approximately 2,000. Hollywood Casino is owned and operated by Penn National Gaming Inc.

8 Lease Plan Roof Storeroom # Year Installed Warranty Expires /14/ /19/ A B C /25/ D /25/2018 Space Tenant Size 79 Available 50,800 s.f. 81 Habitat For Humanity 25,440 s.f. 83A FC Opportunity Center 47,550 s.f. 83B-C Academy 69,278 s.f. 83D Restaurant Depot 63,322 s.f. 87 Taco Bell N.A.P. 1,972 s.f. 101 Family Focus 2,000 s.f Minuteman Staffing 4,000 s.f. 104 Available 1,600 s.f. 105 Available 2,400 s.f. 106 Available 960 s.f. N.A.P. Storeroom # Shop Space Roof Year Installed Mid to Late 80's 106A Available 1,000 s.f. 107 Available 2,720 s.f. 108 Available 1,680 s.f. 109 Available 1,600 s.f. 110 Available 2,000 s.f Talecris Plasma Resources 12,800 s.f. 116 Available 2,400 s.f. 117 Available 1,200 s.f. 118 Subway 2,800 s.f.

9 Property Photographs Vacant Anchor

10 Property Photographs

11 Condition of Vacant Spaces Former Kroger Space Vacant area is in the same interior condition as they were when tenant vacated. Roof systems were installed and carry warranties ending in HVAC are currently in good working condition.

12 Condition of Vacant Spaces Space , Boulevard All spaces are in the same conditions as they were when tenants vacated. All roof systems were installed in late 1980 s with some modifications and repairs; no current roof leaks have been reported. Majority, if not all HVAC systems are in working condition. # Blvd. # Blvd.

13 Location Maps Subject Property Subject Property $400MM 123 Acre Penn National Gaming Casino which is under construction

14 1-3-5 Mile Demographic Data Radius 1 Mile 3 Mile 5 Mile Population: 2016 Projection 9, , , Estimate 8, , , Census 9, , ,195 Growth % 2.80% 3.50% Growth % 0.10% 0.60% 2011 Population By Hispanic Origin 1,121 9,876 18, Population by Race: White 6,807 73, ,509 Black or African American ,704 26,878 American Indian and Alaska Native Asian 163 2,553 8,732 Native Hawaiian and Pacific Islander Other Race 687 6,206 10,752 Two or More Races 323 3,743 7, Households: 2016 Projection 3,832 41, , Estimate 3,832 40, , Census 3,881 40, ,016 Growth % 2.10% 3.30% Growth % 0.00% 0.60% Owner Occupied 2,072 20,364 54,316 Renter Occupied 1,760 19,877 49, Avg Household Income $45,245 $49,233 $58, Med Household Income $36,157 $38,394 $44, Per Capita Income $19,038 $19,664 $24, Households by Household Inc: Income Less than $15, ,491 15,480 Income $15,000 - $24, ,128 11,563 Income $25,000 - $34, ,437 12,352 Income $35,000 - $49, ,957 17,053 Income $50,000 - $74, ,805 20,537 Income $75,000 - $99, ,961 12,286 Income $100,000 - $149, ,460 9,826 Income $150,000 - $199, ,594 Income $200, ,916 Contact Us EXP Realty Advisors 118 East 28 th Street Suite #901 New York, NY Phone: (212) Fax: (212) Our Team Robert P. James President rob@exp1031.com Daniel de Sa Director of Sales dan@exp1031.com