±136,458 VPD 103RD AVE MCDOWELL RD ±23,398 VPD

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1 ±136,458 VPD 103RD AVE MCDOWELL RD ±23,398 VPD N

2 Exclusively Listed by CHAD TIEDEMAN Senior Managing Director (602) table of contents 04 INVESTMENT OVERVIEW Property Summary 05 PROPERTY OVERVIEW Site Plan Rent Roll 07 TENANT OVERVIEW Tenant Profiles PHOTOGRAPHY Property Photos AREA OVERVIEW Demographics Aerials CONTACT Confidentiality Agreement 3131 East Camelback Road, Suite 340 Phoenix, Arizona P F

3 CLICK TO WATCH The Gateway Village property video Play

4 4 Property Summary OFFERING PRICE $5,356,000 CAP RATE 7.15% NET OPERATING INCOME ±$382,982 OCCUPANCY 100% TENANCY 4 PARCEL Investment Highlights Strong barriers to entry with extremely low shop vacancy at the intersection 100% leased with all 4 tenants on brand new long-term leases Dense retail synergy at the intersection with national anchors including Costco, Sportsman s Warehouse, Hobby Lobby, Best Buy, Ross and Harkins Theatres Excellent mix of national and local retailers High quality new construction with a beautiful modern concrete and steel design, large loading dock located in the back and two large pylon signs, including a panel on the freeway Location highlights LAND AREA BUILDING GLA ±1.71 Acres ±18,699 SF Located next to two high traffic power centers: Gateway Crossing (±215,000 SF) and across from Gateway Pavilions Power Center (±540,000 SF) Strong daytime employment corridor with over 4,600 businesses and over 82,000 employees within a 5-mile radius YEAR BUILT 2017 Located at the full diamond freeway interchange of Loop 101 and I-10 freeways ADDRESS & W McDowell Rd Avondale, AZ The I-10 and Loop 101 interchange is the regional hub for traffic flowing north to the subdivisions in Glendale and Peoria and west into Avondale, Litchfield and Goodyear

5 5 Site Plan MCDOWELL RD ±23,398 VPD 103RD AVE PAD A PAD B PAD C SHOPS Shops MAJOR E PINKY NAILS & SPA N

6 6 RENT ROLL TENANT NAME SQ. FT. LEASE TERM CURRENT ANNUAL BASE RENT ANNUAL RENT PER SF ANNUAL ESTIMATED NNN S INCREASES ON INCREASES TO/BY RENEWAL OPTIONS 12,000 Mar 2018 to Jul Years $177, $14.75 $32,413 Three, Five Yr Options with 10% Increases Every 5 Years Corporate Guarantee 4 Personal Guarantees for First 5 Years 1,819 Proj. Oct 2018 to Sep Years $63, $34.83 $4,913 Sep-23 $66, Two, Five Yr Options with 10% Increases Every 5 Years PINKY NAILS & SPA 1,880 May 2018 to Apr Years $63, $34.00 $5,078 Annually 2% One, Five Yr Option with 2% Annual Increases Personal Guarantee 3,000 Mar 2018 to Mar Years $82, $27.50 $8,103 Annually 3% One, Seven Yr Option with 3% Annual Increases Corporate Guarantee TOTAL SF 18,699 $386, $50,508 OCCUPANCY 100% Cash Flow Breakdown Total Base Rent $386,774 NNN Reimbursements $50,508 Total Income $437,282 Less Expenses $54,300 Net Operating Income $382,982 Estimated NNN Expenses* CAM $30,240 Taxes $6,600 Insurance $3,300 Admin/Mgmt $14,160 Total $54,300 *Based on a 2018 Budget.

7 7 Tenant Profiles National retail chain established in 1974 specializing in both domestic and international closeouts of medium to high-end name brand gifts, luxury home textiles, home furnishings, housewares and seasonal décor. WEBSITE: # OF LOCATIONS: ±700 Locations OWNERSHIP: NASDAQ: TUES GUARANTEE: Corporate World-renowned international American Halal Food restaurant chain that started as a NYC hot dog cart. WEBSITE: # OF LOCATIONS: ±200 Locations OWNERSHIP: Private GUARANTEE: 4 Personal The largest weight loss practice in the Southwest, with locations throughout Arizona and 30+ years in business. WEBSITE: # OF LOCATIONS: ±11 Locations OWNERSHIP: Private GUARANTEE: Corporate PINKY NAILS & SPA Nail salon and spa offering a variety of services including manicures and pedicures. WEBSITE: N/A # OF LOCATIONS: ±1 Location OWNERSHIP: Private GUARANTEE: Personal

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12 12 Demographics POPULATION GROWTH 5-Mile HOUSEHOLD GROWTH 5-Mile AVERAGE HOUSEHOLD INCOME , ,093 1-Mile $66, , ,965 3-Mile $63, , ,385 5-Mile $62, , , RD AVE MCDOWELL RD ±23,398 VPD N

13 13 DAYTIME DEMOGRAPHICS 2017 Employees in the Area DAYTIME DEMOGRAPHICS 2017 Businesses in the Area 1-Mile 5,529 1-Mile Mile 29,759 3-Mile 1,452 5-Mile 82,189 5-Mile 4,623

14 ±136,458 VPD ±193,102 VPD MCDOWELL RD ±23,398 VPD 103RD AVE N

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17 Confidentiality Statement Exclusively Listed by This Confidential Offering Memorandum has been prepared by Phoenix Commercial Advisors (PCA) for use by a limited number of parties whose sole purpose is to evaluate the possible purchase of the subject property. This Memorandum has been prepared to provide summary, unverified information to prospective purchasers, and to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation. CHAD TIEDEMAN Senior Managing Director (602) ctiedeman@pca .com The information contained in this Memorandum has been obtained from sources we believe to be reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty, or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used, are for example only, and do not represent the current or future performance of the property. The value of this transaction to you depends on taxes and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine, to your satisfaction, the suitability of the property for your needs. All potential buyers must take appropriate measures to verify all of the information set forth herein. Both Phoenix Commercial Advisors (PCA) and the Owner disclaim any responsibility for inaccuracies and expect prospective purchasers to exercise independent due diligence in verifying all such information. The contained information is subject to change at any time and without notice. The recipient of the Memorandum shall not look to the Owner or Phoenix Commercial Advisors (PCA) for the accuracy or completeness of this Memorandum. A prospective purchaser must make its own independent investigations, projections, and conclusions regarding the acquisition of the property without reliance on this Memorandum or any other Confidential Information, written or verbal, from the Broker or the Seller. The Owner expressly reserves the right, at its sole discretion, to reject any offer to purchase the property or to terminate any negotiations with any party, at any time, with or without written notice. Only a fully-executed Real Estate Purchase Agreement, approved by Seller, shall bind the property. Each prospective purchaser and/or broker proceeds at its own risk. All property showings are by appointment only East Camelback Road, Suite 340 Phoenix, Arizona P F