LAS VEGAS, NEVADA A 105,000 SQUARE FOOT VONS GROCERY ANCHORED SHOPPING CENTER IN THE GROWING NORTHWEST LAS VEGAS SUBMARKET

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1 LAS VEGAS, NEVADA A 105,000 SQUARE FOOT VONS GROCERY ANCHORED SHOPPING CENTER IN THE GROWING NORTHWEST LAS VEGAS SUBMARKET

2 THE OPPORTUNITY Centennial Crossroads Plaza (the Property ), is a welloccupied grocery anchored center with nationally recognized tenants that include Vons, Target (NAP), and Chase Bank among others. Strategically positioned at the intersection of the Interstate 215 and US 95 Freeways (107,000+ VPD), the Property features exceptional visibility and direct access to two of the busiest freeways in the state. Centennial Crossroads Plaza offers investors a chance to acquire a low-risk neighborhood shopping center with a long term, secure fee position under Vons which pays below market rents in one of the fastest growing areas of the Las Vegas MSA. INVESTMENT THESIS The remaining lease term, low rent, and secure fee position under Vons (54.3% of the GLA) provide income security and significantly limit downside risk for this freeway-adjacent grocery anchored asset. NOTABLE TENANTS SF % OF GLA EXP. DATE TARGET (Not A Part) 142,600 NAP NAP VONS 55, % Jan-28 JP MORGAN CHASE BANK 4, % Apr-23 MOLLY'S 3, % Sep-20 PROPERTY SUMMARY ADDRESS 6430 Sky Pointe Dr. Las Vegas, NV POWER HOUR 360 3, % Dec-22 SPRINT 3, % Aug-21 PRICING Best Offer VONS (UNBUILT FUEL PAD) 2, % Jan-28 SQUARE FEET 105,414 SF OCCUPANCY 95.5% YEAR BUILT 2005 SITE SIZE 9.62 acres PARKING 1,076 spaces (4.34 per 1,000 SF) Includes parking spaces on the Target parcel and factors Target GLA into the parking ratio. EDIBLE ARRANGEMENTS 1, % Oct-20 BASKIN ROBBINS 1, % Oct-25 THE UPS STORE 1, % Dec-20 SUBWAY 1, % Mar-18 STATE FARM INSURANCE 1, % Feb-18 2

3 INVESTMENT HIGHLIGHTS DAILY NEEDS TENANT BASE 85% of the tenant roster is highly resistant to competition from Internet / E-Commerce trends due to a tenant roster that includes a grocer with a pharmacy, a bank, food options, health and beauty providers, and other daily needs services. ANCHOR TENANT INCOME SECURITY Vons occupies over half of the GLA and is on a below-market ground lease with contractual lease term through 2028 and multiple renewal options that are also below market, providing confidence that Vons will remain at the center for years to come. With the new owner controlling the land under the Vons property and the adjacent unbuilt Vons gas station parcel, this is added investment security. HIGH-PROFILE FREEWAY LOCATION Exceptional freeway visibility from immediately adjacent Interstate 215 and US 95 with a newly completed $47 million connecting ramp that will serve over 107,500 cars per day and provide direct freeway access to the Property. Traffic counts at this interchange are expected to increase to 160,000 in the next two decades. ADJACENT TO KEY TRAFFIC DRIVERS Centennial is located directly next to Vue at Centennial, a 370+ unit multi-phase apartment development. 111 units were completed in 2016 and another 261 will be delivered in late 2017 by Blue Marble Development and Alliance Residential. WELL POSITIONED TO BENEFIT FROM FAVORABLE DEMOGRAPHIC TRENDS In the direct path of future residential growth as the population of Las Vegas continues its rapid expansion to the northwest of the MSA. The average household income in a 3-mile radius is over $90,000, demonstrating strong disposable incomes in the area. Chase Bank has over $89 million in deposits at this location. DENSE AND GROWING TRADE AREA 107,000 people live within a 3-mile radius of Centennial Crossroads Plaza, which represents a 146% increase in population since

4 DEMOGRAPHICS 1-MILE 3-MILE 5-MILE 2017 Estimated Population 10, , , Pop. Growth 37.1% 145.8% 128.4% Avg. Household Income $80,170 $87,502 $83,108 TRADE AREA QUICK FACTS 146% N BUFFALO DR (12,000 VPD) % UNEMPLOYMENT RATE (NAP) JOHN HERBERT BLVD 12,139 BUSINESSES Leased SKY POINTE DR Available Not A Part (NAP) ,600 4 Unbuilt Fuel Center Parcel Ground Leased to Vons SFR & MULTIFAMILY CONSTRUCTION PERMITS

5 Centennial Gateway Las Vegas STRIP Centennial Centre 1,248 Units AT C E N T E N N I A L 370+ Multifamily Units Under Construction NEW FREEWAY ON/OFF RAMP WITH NEW FREEWAY ON/OFF WITH DIRECT ACCESS TO RAMP PROPERTY DIRECT ACCESS TO PROPERTY & Centennial Bowl NEW $47 million Connecting Ramp D LV B T ER B ER (NAP) JOH N H 107,500 VPD N. BUF FALO D RIVE ( 12,000 VPD) 5

6 24 MINUTES TO LAS VEGAS STRIP 27 MINUTES TO MCCARRAN INTERNATIONAL AIRPORT INVESTMENT ADVISORS T. (310) I F. (310) West Charleston Blvd I Suite 105 Las Vegas, NV BRYAN LEY Managing Director bley@hfflp.com NV License CoOp # JULES SHERWOOD Managing Director jsherwood@hfflp.com NV License # Jules Sherwood, a licensed real estate broker in the state of Nevada, along with Holliday Fenoglio Fowler, L.P. (collectively HFF ) Holliday Fenoglio Fowler, L.P., HFF Real Estate Limited (collectively, HFF ), HFF Securities L.P. and HFF Securities Limited (collectively, HFFS ) are owned by HFF, Inc. (NYSE:HF). HFF and its affiliates operate out of 24 offices and are a leading provider of commercial real estate and capital markets services to the global commercial real estate industry. HFF, together with its affiliates, offers clients a fully integrated capital markets platform including debt placement, investment sales, equity placement, funds marketing, M&A and corporate advisory, loan sales and loan servicing. For more information please visit hfflp.com or follow HFF on HFF has been engaged by the owner of the property to market it for sale. Information concerning the property 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.