Pembroke Pines, Fort Lauderdale MSA, FL FLAMINGO ROAD (53,5 00 VPD) AVENTURA NORTH PERRY AIRPORT PEMBROKE PINES CITY CENTER

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1 Pembroke Pines, Fort Lauderdale MSA, FL AVENTURA PEMBROKE PINES CITY CENTER NORTH PERRY AIRPORT RAINTREE EXECUTIVE SERIES HOMES HOME VALUES $400 00K PEMBROKE LAKES MALL 1.1 M SF MACY S DILLARDS SEARS AMC THEATRES JC PENNEY PUBLIX FLAMINGO LAKES GOLF & COUNTRY CLUB ULE V ARD PINE S BO CB SMITH PARK (62,0 00 V P D) FLAMINGO ROAD (3, 00 VPD) WALMART SUPERCENTER Walmart Supercenter Shadow-Anchored Retail Center Located in the Heart of One of South Florida s Strongest Retail Submarkets at a Significant Discount to Replacement Cost

2 Holliday Fenoglio Fowler, L.P. ( HFF ) is pleased to exclusively offer for sale a 100% fee simple interest in Flamingo Pines Plaza (the Property ), a 139,462-square feet Walmart Supercenter shadow-anchored shopping center located in the highly desirable community of Pembroke Pines, Broward County, Florida. The property is currently 99.2% occupied and features a diverse mix of retail, restaurant and service uses. This Offering represents a unique opportunity to acquire a quality Walmart Supercenter shadow-anchored retail center with a prime location along one of South Florida s preeminent retail corridors at below replacement cost pricing. SHADOW ANCHOR (NOT INCLUDED) Situated at the heavily-trafficked intersection of Pines Boulevard and Flamingo Road (11,00 VPD), the Property enjoys a prominent, infill and highly accessible regional location just east of an Interstate- interchange and immediately adjacent to a high-volume Walmart Supercenter, Publix and the 1 million square foot, GGP-owned, super regional Pembroke Lakes Mall. The immediate area serves as the retail hub for southern Broward and northern Miami-Dade counties with over 0+ national anchor tenants represented along Pines Boulevard. The trade area includes nearly 400,000 residents within a -mile radius with average incomes in excess of $8,000. PROPERTY SUMMARY Address Site Size (Acres): 14.-acres Year Built: 1987 GLA (SF) 139, Pines Boulevard Pembroke Pines, FL Occupancy 99.2% Parking (Ratio) 603 spaces 4.3 per 1,000 SF Anchor Tenants Tenant Florida Technical College US Postal Service Goodwill Sunrise Medical Group Leased Shops Available Total GLA 37,99 18,800 18,000 10,000 3,363 1, ,462 Traffic Counts Pines Boulevard Flamingo Road 62,000 vpd 3,00 vpd % of total 27.2% 13.% 12.9% 7.2% 38.% 0.8% 100.0%

3 PLAZA INVESTMENT HIGHLIGHTS Infill South Florida community shopping center at significantly below replacement cost pricing Strong NOI growth and value enhancement potential Regional location adjacent to a high-volume Walmart Supercenter and the area s dominant enclosed regional mall, Pembroke Lakes Mall (inline +$600 PSF) Premier South Florida retail submarket and strong surrounding co-tenancy with over 0+ national anchor tenants represented along Pines Boulevard Prime location along Pines Boulevard with direct access to nearly 120,000 vehicles per day Seasoned tenant roster with high historical occupancy Exceptional demographics with nearly 400,000 residents within a -mile radius with an average household income in excess of $8,000 Offered free and clear of any existing financing

4 PREMIER SOUTH FLORIDA RETAIL SUBMARKET PEMBROKE LAKES MALL N FLAMINGO ROAD 1.1MM Square Feet $600+ PSF Inline Sales New 9-screen AMC Theater PEMBROKE PLACE PALM AVENUE PINES BOULEVARD PEMBROKE LAKES & PINES PLAZA S HIATUS ROAD THE SHOPS AT PEMBROKE GARDENS SW 136TH AVENUE COBBLESTONE PLAZA PALMS SQUARE PEMBROKE PINES CITY CENTER BOULEVARD SQUARE PEMBROKE CROSSING PEMBROKE ROAD Under Construction 40 Apartments 30,000 SF of Commercial

5 S FLAMINGO RD DEMOGRAPHIC OVERVIEW Description POPULATION 1-mile 3-mile -mile 2022 Projection 20, , , Population 18,81 136, , Census 17,33 120,122 33,90 Growth % 8.01% 7.91% Growth % 13.37% 13.72% HOUSEHOLDS 2022 Projection 10,362 4,81 13, Population 9,789 0, ,837 Projected Growth.9% 7.3% 7.2% 2017 Average Household Income $1,877 $83,810 $8, Median Household Income $126,77 $233,646 $244,79 Source: Claritas SAWGRASS EX 93 FLORIDA PLANTATION Downtown Fort Lauderdale 9 1 Port Everglades PINES BLVD SOUTHWEST RANCHES SHERIDAN ST PEMBROKE PINES W BROWARD BLVDSW 100TH AVE 3 Miles STIRLING RD MIRAMAR S UNIVERSITY DR 88 DAVIE North Perry Airport PINES BLVD 91 MIAMI GARDENS Fort Lauderdale-Hollywood International Airport DANIA 1 HOLLYWOOD HALLANDALE 822 Miami Office: 140 Brickell Avenue Suite 290 Miami, FL T F Investment Sales Danny Finkle Senior Managing Director Tel dfinkle@hfflp.com Eric Williams Director Tel ewilliams@hfflp.com Luis Castillo Managing Director Tel lcastillo@hfflp.com Kim Flores Associate Tel kflores@hfflp.com Capital Markets Nat Scarmazzi Director Tel nscarmazzi@hfflp.com MIAMI LAKES Opa-Locka Executive Airport MIAMI GARDENS OPA-LOCKA 91 NORTH MIAMI AVENTURA Oleta River State Park SUNNY ISLES COLLINS AVE No warranties or representations, expressed or implied, are made as to the accuracy of the information contained herein. The Property is offered subject to errors, omissions, change of price, rental or other conditions including withdrawal without notice, and will be subject to any special conditions, which may be imposed or made by the Owner or Holliday Fenoglio Fowler, L.P. The Owner and Holliday Fenoglio Fowler, L.P. reserve the right to accept or reject any and all offers. 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