Miramar Industrial Property 2220 SW 60 Ter Miramar, FL 33023

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1 Miramar Industrial Property Great Location just off of 441 Large fenced in lot Automotive uses allowed 6.7% actual capitalazetion rate Perfect investor or an owner user Sponsored By: JOHN DEMARCO, ACP Each office is independently owned and operated. RE/MAX 5 STAR REALTY 4151 Hollywood Blvd Hollywood, FL (954) Each office independently owned and operated

2 INVESTMENT DETAILS Analysis Analysis Date October 2017 Property Property Property Address Miramar Industrial Property 2220 SW 60 Ter Miramar, FL Year Built 1968 Purchase Information Property Type Purchase Price Tenants Total Rentable Sq. Ft. Financial Information Industrial $725, ,270 All Cash Loans Type All Cash Debt Term Amortization Income & Expenses Gross Operating Income Monthly GOI Total Annual Expenses Monthly Expenses Rate Payment Contact Information $64,200 $5,350 ($15,865) ($1,322) John DeMarco, ACP JohnDeMarco@Remax.net P. 2 LO Costs

3 EXECUTIVE SUMMARY Acquisition Costs Purchase Price, Points and Closing Costs Investment - Cash $725,000 $0 Investment Information Purchase Price Price per Tenant Price per Sq. Ft. $725,000 $241,667 $ Income, Expenses & Cash Flow Gross Scheduled Income Total Vacancy and Credits Operating Expenses Net Operating Income Debt Service Cash Flow Before Taxes $64,200 $0 ($15,865) $48,335 $0 $48,335 Financial Indicators Debt Coverage Ratio Capitalization Rate Gross Income / Square Feet Gross Expenses / Square Feet Operating Expense Ratio N/A 6.67% $15.04 ($3.72) 24.71% P. 3

4 PROPERTY DESCRIPTION Great freestanding industrial building with large fenced lot in Miramar Florida. Located just off of 441 gives this property easy access to turnpike and major highways. Most automotive uses are allowed by City. This warehouse contains 4,270 sf of leasable space sitting on a large 11,607 sf lot. 6,000 sf of this lot is leasable to a separate tenant and fenced in. This property is currently 100% occupied with 3 tenants. One is occupying 2,600 sf and is paying $2,750 per,month. There is one tenant leasing the lot for $ a month, and one tenant is leasing the small bay for $ per month which is 1,670 sf. This property is currently grossing $64,200 annually. Net operating income is $57,335 per year, giving this property a strong 6.7% capitalization rate. The property may also work for an owner user. The tenants leases have 30 days notice provisions. Great acquisition opportunity for an owner occupant or investor. Enclosed in this offering is recent comparable sales which support the value of this property. Call for additional information, and for all showings. P. 4

5 PROPERTY PHOTOS Rear Bay Front Bay Rear Bay Warehouse Front Bay Warehouse Rear Bay Offices P. 5

6 TENANT MIX REPORT Suite Front Rear Lot 3 Tenants Approx. SqFt Front Bay Party Rental Lot ,270 Avg. Rents $1,600 $2,750 $1,000 TENANT MIX Monthly Mkt Rents $1,600 $2,750 $1,000 $5,350 Monthly $1,600 $2,750 $1,000 TENANT MIX SQUARE FEET Front Bay Party Rental Lot Front Bay Party Rental Lot TENANT MIX INCOME TENANT MIX MARKET INCOME Front Bay Party Rental Lot Front Bay Party Rental Lot P. 6 $1,600 $2,750 $1,000 $5,350

7 MAPS AND AERIALS P. 7 and should be personally verified through personal inspection by and/or with the appropriate professionals.

8 LOCATION MAP P. 8

9 DEMOGRAPHICS Population 1 Mile 3 Mile 5 Mile Male 9,936 (48.20 %) 86,163 (47.50 %) 221,798 (47.70 %) Female 10,676 (51.80 %) 95,220 (52.50 %) 243,214 (52.30 %) Total Population 20, , ,012 Age Breakdown 1 Mile 3 Mile 5 Mile Ages 0-4 1,362 (6.61 %) 11,130 (6.14 %) 26,889 (5.78 %) Ages 5-9 1,674 (8.12 %) 13,845 (7.63 %) 33,855 (7.28 %) Ages ,554 (7.54 %) 12,952 (7.14 %) 31,835 (7.28 %) Ages ,509 (7.32 %) 12,438 (6.86 %) 30,677 (6.60 %) Ages ,545 (7.50 %) 12,554 (6.92 %) 30,744 (6.61 %) Ages ,521 (7.38 %) 12,331 (6.80 %) 30,298 (6.52 %) Ages ,411 (6.85 %) 11,890 (6.56 %) 29,536 (6.35 %) Ages ,342 (6.51 %) 11,666 (6.43 %) 29,481 (6.34 %) Ages ,349 (6.54 %) 12,080 (6.66 %) 30,733 (6.61 %) Ages ,394 (6.76 %) 12,558 (6.92 %) 32,093 (6.90 %) Ages ,352 (6.56 %) 12,203 (6.73 %) 31,349 (6.74 %) Ages ,193 (5.79 %) 11,031 (6.08 %) 29,011 (6.24 %) Ages (4.81 %) 9,341 (5.15 %) 25,150 (5.41 %) Ages (3.83 %) 7,427 (4.09 %) 20,379 (4.38 %) Ages (2.89 %) 5,752 (3.17 %) 16,115 (3.47 %) Ages (1.86 %) 4,191 (2.31 %) 12,114 (2.61 %) Ages (1.07 %) 2,779 (1.53 %) 8,499 (1.83 %) Ages (2.07 %) 5,215 (2.88 %) 16,254 (3.50 %) P. 9

10 DEMOGRAPHICS Household Income 1 Mile 3 Mile 5 Mile Median Income $37,851 $49,617 $48,008 Less than $10, ,142 14,035 $10,000 -$14, ,717 10,280 $15,000 - $19, ,482 9,729 $20,000 -$24, ,795 10,403 $25,000 - $29, ,089 11,151 $30,000 - $34, ,214 10,364 $35,000 - $39, ,672 10,051 $40,000 - $44, ,584 9,332 $45,000 - $49, ,424 8,708 $50,000 - $59, ,434 14,941 $60,000 - $74, ,519 18,889 $75,000 - $99, ,766 18,903 $100,000 - $124, ,407 10,091 $125,000 - $149, ,573 4,764 $150,000 - $199, ,374 4,328 Greater than $200, ,910 Housing 1 Mile 3 Mile 5 Mile Housing Units 6,812 69, ,330 Occupied Units 5,935 62, ,678 Owner Occupied Units 3,918 40, ,347 Renter Occupied Units 2,017 21,911 63,331 Vacant Units 877 7,163 24,652 Race Demographics 1 Mile 3 Mile 5 Mile Population Non Hispanic White 7,447 75, ,548 Population Black 11,541 91, ,595 Population Am In/Ak Nat P. 10

11 1 Multi-Condo SOLD 2 Class C Industrial Condo Units in Hallandale Beach, FL, having total size of 6,986 SF. Recorded Buyer: Tolobi Ansin, LLC True Buyer: Harvard Business Services, Inc Sale Date: 05/15/2017 (3379 days on mkt) Sale Price: $1,100,000 - Confirmed Price/SF: $ Recorded Seller: TDJ Holdings LLC 1000 Venetian Way Miami Beach, FL True Seller: Maverick Realty Trust LLC # of Properties: 2 Total Bldg Size: 6,986 SF Total Land Area: - Financing: $770,000 from Seller Comp ID: Research Status: Confirmed NW 21st St SOLD Broward County Miramar, FL Recorded Buyer: PQGC Estates LLC 6403 SW 162nd Ave Miami, FL True Buyer: PQGC Estates LLC Recorded Seller: Cruz Santiago 901 Diplomat Pky Hollywood, FL True Seller: Cruz Santiago Sale Date: 01/26/2017 (132 days on mkt) Sale Price: $1,700,000 - Confirmed Price/SF: $ PrFrma Cap Rate: Actual Cap Rate: - Bldg Type: Year Built/Age: RBA: Land Area: Zoning: Sale Conditions: Class C Industrial Built 1973 Age: 44 11,106 SF 0.50 AC (21,780 SF) B-3, Miramar Business Value Included Parcel No: Financing: Down payment of $1,700,000 (100.0%) Comp ID: Research Status: Confirmed SW 31st Ave SOLD Broward County Pembroke Park, FL Recorded Buyer: Wheat Self Storage Partners I, LP 100 SE 3rd Ave Fort Lauderdale, FL True Buyer: Wheat Capital Management Sale Date: 11/30/2016 Sale Price: $3,750,000 - Confirmed Price/SF: $ PrFrma Cap Rate: Actual Cap Rate: - Recorded Seller: Dream House Reproductions, LLC 2920 SW 30th Ave Hallandale, FL (954) True Seller: Dream House Reproductions, LLC Bldg Type: Year Built/Age: RBA: Land Area: Zoning: Sale Conditions: Class C IndustrialWarehouse Built 1952 Age: 64 19,570 SF 0.73 AC (31,799 SF) M-1, Pembroke Pines Redevelopment Project Map Page: Trakker 154 Parcel No: Financing: Down payment of $3,750,000 (100.0%) Comp ID: Research Status: Confirmed P. 11 Copyrighted report licensed to Re/Max 5 Star Realty /2/2017 Page 1

12 4 301 W Ansin Blvd SOLD Broward County Hallandale Beach, FL True Buyer: - Recorded Seller: Moreshet LLC Diplomat Dr Miami, FL True Seller: Raquel Serfaty Sale Date: 11/18/2016 (205 days on mkt) Sale Price: $937,000 Price/SF: $ PrFrma Cap Rate: - Bldg Type: Year Built/Age: RBA: Land Area: Zoning: Class C IndustrialWarehouse Built 1971 Age: 45 5,976 SF 0.24 AC (10,454 SF) I-L Parcel No: Financing: Comp ID: Research Status: S Park Rd SOLD Broward County Hallandale, FL Recorded Buyer: 2727 Park Rd Llc 2673 Park Ln Hallandale Beach, FL Sale Date: 04/06/2017 Sale Price: $870,000 Price/SF: $ PrFrma Cap Rate: - Recorded Seller: Ma Group Llc Bldg Type: Year Built/Age: RBA: Land Area: Zoning: Class B IndustrialWarehouse Built 1965 Age: 52 4,658 SF 0.56 AC (24,394 SF) M-1 Parcel No: Financing: $870,000 from Private Individual Comp ID: Research Status: Public Record P. 12 Copyrighted report licensed to Re/Max 5 Star Realty /2/2017 Page 2

13 Trend Report Dollar Volume Report Time Frame: 10/1/2016-6/2/2017 Legend: Sold Transactions Current Survey Sold Transactions Time Interval - Quarterly Number of Transactions Total Dollar Volume Total Bldg Square Feet Total Land in Acres Total Land in SF Average Price Average Number of SF Average Price Per Bldg SF Median Price Per SF Average Number of Acres Average Number of SF(Land) Average Price Per Unit Median Price Per Unit Average Number of Units Actual Cap Rate 5 $8,357,000 28, ,427 $1,671,400 7,182 $ $ ,107 - P. 13 Copyrighted report licensed to Re/Max 5 Star Realty /2/2017 Page 3

14 Trend Report Number of Transactions Total Dollar Volume Total Bldg Square Feet Total Land in Acres Total Land in SF Average Price Average Number of SF Average Price Per Bldg SF Median Price Per SF Average Number of Acres Average Number of SF(Land) Average Price Per Unit Median Price Per Unit Average Number of Units Actual Cap Rate 4Q16 10/1-12/31/16 1Q17 01/1-3/31/17 2Q17 04/1-6/2/17 Sold Transaction Sold Transaction Sold Transaction 2 $4,687,000 5, ,253 $2,343,500 5,976 $ $ ,127-1 $1,700,000 11, ,780 $1,700,000 11,106 $ $ ,780-2 $1,970,000 11, ,394 $985,000 5,822 $ $ ,394 - P. 14 Copyrighted report licensed to Re/Max 5 Star Realty /2/2017 Page 4