1901 GREENWOOD AVENUE

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1 1901 GREENWOOD AVENUE MERCER COUNTY, NEW JERSEY 1901 Greenwood Avenue Hamilton Township Contacts: Paul McArthur - President Mark Bennison Business Development Manager Trillium Realty Advisors LLC 83 Princeton Avenue, Suite 3C Hopewell, NJ P F

2 EXECUTIVE SUMMARY INTRODUCTION This offering is for 10,000 SF of retail property leased to Rite-Aid Corporation on a triple net basis. The lease has 10 years remaining. Net rent under the Lease is currently $219,439, or $21.44 per SF. In March of 2008, the net rent under the Lease increases to $229,439, or $22.94 SF and in June of 2013, it increases to $239,439 or $23.94/SF. The property is sub-leased to Family Dollar Stores. The property is located in Hamilton Township, Mercer County, NJ. New Jersey's eighth-largest municipality, Hamilton is less than an hour's ride from New York, Philadelphia, and the Jersey shore. With over 90,000 residents and 40-square miles of land, the area has a rich mix of neighborhoods. With a bustling, modern train station and access to the NJ Turnpike, I-295, I-195, 130, 206, 33, and Route 1, it is a transportation hub. With a first-rate hospital, top-notch schools, high-tech companies, a booming local economy, and even a farm belt, the Township has become a model of "Smart Growth." As New Jersey s capital county, Mercer County is a center for commerce and culture in the Garden State. Located midway between New York City and Philadelphia in New Jersey s center, Mercer County s 13 municipalities are home to more than 350,000 people in 226 square miles in the heart of region with 10% of the US population all within a 75-mile radius. ( Front Entrance

3 KEY FEATURES AND BENEFITS Outstanding Location Located directly on Greenwood Avenue (NJ Route 33), the property has strong drive-by commuter traffic, as well as a vibrant surrounding neighborhood community. Age of Improvements This store was newly constructed in The building, roof, and parking lot are all in excellent shape. Strong Tenant and Sub-Tenant Mix With a Lease in place with Rite Aid Corporation, backed up by a sub-lease with Family Dollar, the property enjoys a stable tenant base. Predictable Cash Flow With the entire property under a triple net lease through 2018, ownership will enjoy predictable cash flow throughout that period. Street View looking down Greenwood Ave.

4 I. OFFERING GUIDELINES Ownership requires all prospective investors to adhere to the following Offering Guidelines when presenting an offer to purchase the Property. Prior to submission of an offer to purchase, investors shall have reviewed all documents and files contained in the offering package. All requests for information, property tours, contact with current tenants, property management, leasing agents, Owner, etc. will be coordinated through Trillium Realty Agency, LLC, and subject to the approval of the Owner. In no event shall any prospective investor contact or attempt to contact the current tenants or Rite Aid, either directly or indirectly, without the prior written consent of the Owner. Such consent may be withheld at Owner s sole and absolute discretion. Submission of an offer to purchase shall evidence investor has reviewed all offering materials, has completed its market analyses, and the investment in the Property is suitable for the investor based upon advice of its independent financial, legal, and accounting professionals. Please contact Trillium Realty Advisors, LLC to receive a Confidentiality Agreement. View of Store Entrance

5 II. PROPERTY OVERVIEW 1901 Greenwood Avenue consists of a acre parcel improved with a 10,000 SF concrete block building with a brick veneer. The roof is a typical truss-built roof with asphalt shingles. Abundant parking is available, with 51 parking spaces near the main entrance. The property is attractively landscaped with mature trees and shrubs. The property is located at the intersection of Greenwood Avenue and Johnston Avenue, with parking lot access from both streets. The intersection is controlled by a traffic light. Sidewalks front the property on both streets. The left side of the property is bound by a storm drainage channel. A new commercial bank is under construction on the adjacent lot. Greenwood Avenue is a typical urban-type thoroughfare, with a mixture of commercial and residential properties lining the street. Aerial View of 1901 Greenwood Avenue

6 Metropolitan Area Local Map Regional Map

7 Listing made subject to errors, omissions, change of price/terms, prior sale or lease and withdrawal without notice. All references to age, square footage, lot size, income and expenses are approximate. Buyers should conduct their own independent investigations and rely only on those results. No warranty or representation, express or implied, is made as to the accuracy of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions, imposed by our principals. Contacts: Paul McArthur - President Mark Bennison Business Development Manager Trillium Realty Advisors LLC 83 Princeton Avenue, Suite 3C Hopewell, NJ P F