NYBERG RETAIL CENTER PROPERTY HIGHLIGHTS. For Sale - $8,265,000. Ryan Imbrie Managing Director O: M:

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1 For Sale - $8,265,000 NYBERG RETAIL CENTER 6700 SW Nyberg Street, Tualatin, OR PROPERTY HIGHLIGHTS Well located asset in desirable retail trade area Close proximity to regional hospital & residential Across from Nyberg Wood lifestyle Center Strong Demographics Ryan Imbrie Managing Director ryan.imbrie@svn.com O: M: The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness. Lincoln Tower SW Greenburg Road, Suite 530, Portland, OR

2 ABOUT THE CITY OF TUALATIN NYBERG RETAIL CENTER RETAIL TUALATIN, OREGON 27,000 City Population $428,600 Median Home Value +15.5% Population Change since 2000 Tualatin, population 27,000, is a dynamic, vibrant community conveniently located just 12 miles south of Portland and 30 miles north of Salem, the state capital. Situated at the intersection of Interstate highways 5 and 205, Tualatin is a short distance to adventure: skiing, snowboarding, and sledding on majestic Mt. Hood in the Cascade Mountain Range; family-friendly summer water activities on the central Oregon Coast; nationallevel wind-surfing or parasailing on the Columbia River, while enjoying the natural beauty of Multnomah Falls in Columbia Gorge National Recreation Area. Tualatin's population is well-educated, diverse, and involved in community and school activities. There are excellent educational opportunities available to residents through the Tigard-Tualatin School District and numerous colleges and universities within easy commuting distance. In the most recent satisfaction survey, 84 percent of residents rated the overall quality of life in Tualatin as "excellent" or "good." Residents enjoy community amenities such as award-winning parks, unique shopping and dining establishments and a low tax rate.

3 NYBERG RETAIL CENTER Tualatin, Oregon PROPERTY INFORMATION

4 PROPERTY OVERVIEW NYBERG RETAIL CENTER RETAIL TUALATIN, OREGON Investment Highlights Stable Cash flow from a mix of National, Regional and Local tenants Staggered lease expiration dates provide a safe long-term outlook Property Description The Nyberg Retail property is a well located retail property across the street from Nyberg Woods (a 213,000 square foot Lifestyle center developed by CenterCal Properties). With the high end rents achieved at Nyberg Woods, this center is positioned as the cost effective alternative with close proximity to the I- 5 interchange The fee simple offering includes two ground leases (McDonalds and Valvoline Instant Oil Change) Buyer must Assume the existing financing with Cantor Commercial Real Estate Lending, L.P., due in May Investment Overview SALE PRICE $8,265,000 NOI $559,519 CAP RATE 6.77% LOT SIZE 4.18 Acres BUILDING SIZE 30,778 SF YEAR BUILT 1990 ZONING CG SUB MARKET Tualatin CROSS STREET I-5 TRAFFIC COUNT 21,733

5 NATIONAL TENANT ROSTER NYBERG RETAIL CENTER RETAIL TUALATIN, OREGON McDonalds (NYSE: MCD) McDonald s Corporation, together with its subsidiaries, franchises and operates McDonald s restaurants primarily in the United States, Europe, the Asia Pacific, the Middle East, and Africa. The company s restaurants offer hamburgers and cheeseburgers, Big Mac, Quarter Pounder with cheese, Filet-O-Fish, chicken sandwiches, chicken McNuggets, chicken selects, snack wraps, French fries, salads, shakes, desserts, sundaes, soft serve cones, pies, cookies, soft drinks, coffee, and other beverages, as well as full or limited breakfast menu. As of December 31, 2011, it operated 33,510 restaurants in 119 countries, including 27,075 franchised restaurants and 6,435 company operated restaurants. The company was founded in 1940 and is based in Oak Brook, Illinois. Valvoline Instant Oil Change (K&R Lube) When you're in a hurry, Valvoline Instant Oil Change is always ready to take care of your car on the spot. And, for most of their services, you can even stay in your car while their skilled technicians complete the work; getting you back on the road in about 15 minutes or less when you get one of the drive-thru oil changes. Valvoline Instant Oil Change company was created in 1986 with the purchase of Rapid Oil Change centers in upstate New York, the Minneapolis/St. Paul region and the Instant Oil Change and DipStick acquisitions in Lansing and Grand Rapids, Michigan. The company is the second largest quick-lube chain in the United States with 850 stores nationwide and growing. Valvoline Instant Oil Change is a business unit of Ashland Consumer Markets (ValvolineTM), a commercial unit of Ashland Inc. 76 Gas (Red State Corp) We've been on the driver's side for over 100 years now. It all started in the small town of Santa Paula, California, where in 1890, Lyman Stewart co-founded the Union Oil Company of California. Since then 76 has been providing high-performance petroleum products for your cars and trademark customer service for the most important part of the car: you. Subway Subway is the undisputed leader in the submarine sandwich category serving fresh, great tasting, made-to-order sandwiches and salads many of which have 6 grams of fat or less. Offering a healthful alternative to traditionally fatty fast food has made the Subway chain a popular destination for health-conscious consumers.

6 LOCATION MAP NYBERG RETAIL CENTER RETAIL TUALATIN, OREGON Tualatin, Oregon

7 SITE PLAN NYBERG RETAIL CENTER RETAIL TUALATIN, OREGON NYBERG RETAIL CENTER Oregon Dog Rescue McDonald s K&R Lube Kaady s Carwash

8 TAX MAP NYBERG RETAIL CENTER RETAIL TUALATIN, OREGON

9 ADDITIONAL PHOTOS NYBERG RETAIL CENTER RETAIL TUALATIN, OREGON The All SVN information Offices listed Independently above has Owned been obtained and Operated from sources we believe to be reliable, however, we accept no responsibility for its correctness.

10 AERIAL NYBERG RETAIL CENTER RETAIL TUALATIN, OREGON Bridgeport Village East County Health Center East County Health Center East County Health Center East County Health Center Nyberg Rivers Nyberg Woods Tualatin Commons Subject Property

11 NYBERG RETAIL CENTER Tualatin, Oregon FINANCIAL ANALYSIS Lincoln Tower SW Greenburg Road, Suite 530, Portland, OR

12 INVESTMENT VALUATION INFORMATION NYBERG RETAIL CENTER RETAIL TUALATIN, OREGON Nyberg Retail Center 6700 SW Nyberg Street Tualatin, Oregon Price: $8,265,000 Tenant Spaces: 221 CAP Rate: 6.77% Price/SF: $ Year Built: 1990 Acreage: 4.18 TENANTS APPROX. SQ. FT. ANNUAL INCOME Pro-Forma 5% Vacancy Occupied Space See rent roll for detail 27,605 90% $640,778 $706,193 Vacant See rent roll for detail 3,173 10% $65,415 Total Building SF 30,778 $706,193 $706,193 INCOME Current Scheduled Gross Annual Income $706,193 $706,193 Recapture / CAM Based on in-place tenants Based on in-place tenants $154,389 $173,080 Less: Economic Vacancy -7.6% -5% ($65,415) ($43,964) Other Income: $0 $0 Effective Annual Income $795,167 $835,310 EXPENSES Budget % Effective Annual Income $/SF/Year Taxes County Assessor (includes 3% discount) 24.29% $1.86 $57,233 $57,233 CAM 2017 Budget 22.65% $1.73 $53,375 $53,375 Utilities 2017 Budget 14.70% $1.13 $34,632 $34,632 Management Fee 2017 Budget 15.01% $1.15 $35,378 $35,378 Insurance 2017 Budget 14.87% $1.14 $35,031 $35,031 Owner Expense $20,000 $20,000 Total Estimated Annual Expenses 30.62% ($7.92) $235,649 $235,649 Total Estimate Net Operating Income $559,519 $599,661 DEBT ASSUMPTION REQUIRED - LOAN WITH CANTOR COMMERCIAL REAL ESTATE LENDING LP; 0.5% ASSUMPTION FEE TYPE: Assumption COMMENTS: Loan ballons in May 2025 % Down: Down Payment Loan Balance: Interest Rate: Amortization of Loan: Monthly Payment: Annual Debt Service: 30.59% $2,365,000 $5,900, % 30 ($29,301.44) ($351,617.30) 1.59 Net Operating Income: $559,519 Less: Loan Payment: ($351,617) Before Tax Cash Flow: $207,901 Cash-on-cash Return: 8.79% Debt Coverage Ratio (DCR)

13 SINGLE TENANT RENT ROLL NYBERG RETAIL CENTER RETAIL TUALATIN, OREGON Lease Dates Scheduled Minimum Rent Suite Tenant Area - SF Begin End Beginning Monthly PSF Annual PSF Options / Notes 6800 McDonald's Corporation 2,633 2/27/1995 9/19/2021 Current $7, $87, Three - 5 year options at Market Rent *Tenant has 1st right of refusal 6700 Oregon Dog Rescue 3,200 11/1/2011 1/31/2022 Current $3, $44, One - 5 year options at Market Rent 2/1/2018 $3, $45, /1/2019 $3, $47, /1/2020 $4, $48, /1/2021 $4, $50, K&R Lube 1,999 7/14/ /14/2020 Current $4, $48, Kaady Car Wash 1,639 10/1/1989 8/31/2028 Current $3, $45, Three - 5 year options with 20% increases Annual CPI; No Options 9/1/2017 Annual CPI Increases Gas 2,400 10/7/2005 5/31/2024 Current $8,779 $105, /1/2020 CPI Increase over preceding five years CPI Increase over preceding five years Three - 10 year options at Market Rent Rent Roll Continue on Next Page

14 MULTI-TENANT RENT ROLL NYBERG RETAIL CENTER RETAIL TUALATIN, OREGON Suite Tenant Area - SF Lease Dates Scheduled Minimum Rent Begin End Beginning Monthly PSF Annual PSF 7002 Asurea Insurance 901 3/1/2017 2/28/2018 Current $1, $14, Options / Notes Gross Lease; No Options 7006A Precision Global Arms, LLC 97 7/1/ /31/2017 Current $ $3, Gross Lease 7006B Off the Wall Media 1,146 10/1/ /30/2017 Current $1, $18, Gross Lease; Two - 1 year options 7008A Vacant (Office Space) 458 Vacant $ $8, B Farmers Insurance 446 4/1/2013 6/30/2019 Current $ $7, Gross Lease; No Options 7010 MAX Real Estate 501 9/1/2017 8/31/2020 Current $ $11, One - 3 year option 9/1/2018 $ $11, Gross Lease 9/1/2019 $ $11, Travis Terrall (Attorney) /5/2008 1/31/2018 Current $1, $17, Gross Lease; No Options 7014 The Fix Hut 1,124 6/15/2012 8/31/2020 Current $1, $23, Gross Lease 9/1/2018 $2, $24, /1/2019 $2, $25, Vacant (Retail Space) 1,135 Vacant $1, $23, Captain's Barbershop 200 4/1/2013 6/30/2018 Current $ $7, Gross Lease; No Options 7028 El Sol De Mexico 2,360 8/25/ /1/2018 $3, $43, No Options 1/1/2019 $3, $45, /1/2020 $3, $47, /1/2021 $4, $49, /1/2022 $4, $51, / 7052 The Equitable Finance 2,371 11/1/ /31/ /1/2017 $3, $42, Gross Lease; No Options 11/1/2018 $3, $44, Tenant pays 11/1/2019 $3, $45, utilities 7060 ATA Martial Arts 1,560 9/1/ /31/2021 Current $2, $29, One - 4 year option $2, $30, $2, $31, $2, $32, Vacant (Retail Space) 1,580 Vacant $2, $33, Domino's (LOI) 2,400 10/1/2017 9/30/2022 LOI $5, $60, /1/2018 $5, $61, /1/2019 $5, $63, /1/2020 $5, $65, /1/2021 $5, $67, Lavish Nails & Spa 1,700 7/7/ /31/2020 Current $2, $31, /1/2017 $2, $32, /1/2018 $2, $33, /1/2019 $2, $34, Occupied 27,605 $640,778 Vacant 3,173 $65,415 Total 30,778 $706,193 Gross Leases 8,172 One - 5 year option at Market Rent

15 NYBERG RETAIL CENTER Tualatin, Oregon DEMOGRAPHICS

16 DEMOGRAPHICS NYBERG RETAIL CENTER RETAIL TUALATIN, OREGON Demographics Data 1 mile 3 miles 5 miles Total Households 3,219 24,371 68,952 Total Population 8,228 60, ,592 Persons per Household Average Household Income $60,417 $82,113 $88,159 Average House Value $259,780 $426,103 $433,899 Average Age Average Age (Male) Average Age (Female)

17 DISCLAIMER NYBERG RETAIL CENTER RETAIL TUALATIN, OREGON The material contained in this Offering Brochure is furnished solely for the purpose of considering the purchase of the property within and is not to be used for any other purpose. This information should not, under any circumstances, be photocopied or disclosed to any third party without the written consent of the SVN Advisor or Property Owner, or used for any purpose whatsoever other than to evaluate the possible purchase of the Property. The only party authorized to represent the Owner in connection with the sale of the Property is the SVN Advisor listed in this proposal, and no other person is authorized by the Owner to provide any information or to make any representations other than contained in this Offering Brochure. If the person receiving these materials does not choose to pursue a purchase of the Property, this Offering Brochure must be returned to the SVN Advisor. Neither the SVN Advisor nor the Owner make any representation or warranty, express or implied, as to the accuracy or completeness of the information contained herein, and nothing contained herein is or shall be relied upon as a promise or representation as to the future representation of the Property. This Offering Brochure may include certain statements and estimates with respect to the Property. These Assumptions may or may not be proven to be correct, and there can be no assurance that such estimates will be achieved. Further, the SVN Advisor and the Owner disclaim any and all liability for representations or warranties, expressed or implied, contained in or omitted from this Offering Brochure, or any other written or oral communication transmitted or made available to the recipient. The recipient shall be entitled to rely solely on those representations and warranties that may be made to it in any final, fully executed and delivered Real Estate Purchase Agreement between it and Owner. The information contained herein is subject to change without notice and the recipient of these materials shall not look to Owner or the SVN Advisor nor any of their officers, employees, representatives, independent contractors or affiliates, for the accuracy or completeness thereof. Recipients of this Offering Brochure are advised and encouraged to conduct their own comprehensive review and analysis of the Property. This Offering Brochure is a solicitation of interest only and is not an offer to sell the Property. The Owner expressly reserves the right, at its sole discretion, to reject any or all expressions of interest to purchase the Property and expressly reserves the right, at its sole discretion, to terminate negotiations with any entity, for any reason, at any time with or without notice. The Owner shall have no legal commitment or obligation to any entity reviewing the Offering Brochure or making an offer to purchase the Property unless and until the Owner executes and delivers a signed Real Estate Purchase Agreement on terms acceptable to Owner, in Owner s sole discretion. By submitting an offer, a prospective purchaser will be deemed to have acknowledged the foregoing and agreed to release the Owner and the SVN Advisor from any liability with respect thereto. To the extent Owner or any agent of Owner corresponds with any prospective purchaser, any prospective purchaser should not rely on any such correspondence or statements as binding Owner. Only a fully executed Real Estate Purchase Agreement shall bind the property and each prospective purchaser proceeds at its own risk.

18 Ryan Imbrie Managing Director O: M: Lincoln Tower SW Greenburg Road, Suite 530 Portland, OR ph: The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.