3511 WALNUT STREET JACKSONVILLE, FL Blair Red Greenlaw Advisor

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3511 WALNUT STREET 3511 WALNUT STREET JACKSONVILLE, FL 32206 Blair Red Greenlaw Advisor 904.631.2723 blair.greenlaw@svn.

1 3511 WALNUT STREET 3511 WALNUT STREET JACKSONVILLE, FL Blair Red Greenlaw Advisor SVN ALLIANCE COMMERCIAL REAL ESTATE ADVISORS 1275 WEST GRANADA BOULEVARD, SUITE 5B, ORMOND BEACH, FL OFFERING MEMORANDUM

2 PROPERTY INFORMATION 3 Property Summary Additional Photos LOCATION INFORMATION 6 Location Maps Aerial Map DEMOGRAPHICS 9 Demographics Map SALE COMPARABLES _Walnut_st_sales_comps.pdf RENT COMPARABLES 15 Rent Comps ADVISOR BIOS 18 Advisor Bio & Contact 1 The SVN Difference SVN International Corp. Overview 3511 WALNUT STREET 3511 WALNUT STREET, JACKSONVILLE, FL OFFERING MEMORANDUM

3 1 PROPERTY INFORMATION 3511 Walnut Street Jacksonville, FL WALNUT STREET JACKSONVILLE, FL SVN Alliance Commercial Real Estate Advisors Page 3

Executive Summary OFFERING SUMMARY Sale Price: $795,000 Lot Size: 1.69 Acres Year Built: 1963 PROPERTY OVERVIEW Stand alone warehouse situated on a tucked away parcel situated on 1.69 acres.

4 Executive Summary OFFERING SUMMARY Sale Price: $795,000 Lot Size: 1.69 Acres Year Built: 1963 PROPERTY OVERVIEW Stand alone warehouse situated on a tucked away parcel situated on 1.69 acres. This lot can be expanded to add additional outdoor storage of equipment or for the construction of additional buildings. This property has easy access to I95, downtown and I10. The warehouse has heavy power that will support heavy manufacturing activities. PROPERTY HIGHLIGHTS Total approximate square feet: 28,690 Building Size: 28,689 SF 2,466 square feet of office space Zoning: IL Renovated: ' clear Height 400A 480V 3Ph, 1000+A 240V 3Ph Zoning: IL Sprinkler and Security systems Four 10' x 10' dock high doors Price / SF: $27.71 One ramp for drive in access Exhaust fans in warehouse Concrete block construction 3511 WALNUT STREET JACKSONVILLE, FL SVN Alliance Commercial Real Estate Advisors Page 4

5 Additional Photos 3511 WALNUT STREET JACKSONVILLE, FL SVN Alliance Commercial Real Estate Advisors Page 5

6 2 LOCATION INFORMATION 3511 Walnut Street Jacksonville, FL WALNUT STREET JACKSONVILLE, FL SVN Alliance Commercial Real Estate Advisors Page 6

7 Location Maps 3511 WALNUT STREET JACKSONVILLE, FL SVN Alliance Commercial Real Estate Advisors Page 7

8 Aerial Map 3511 WALNUT STREET JACKSONVILLE, FL SVN Alliance Commercial Real Estate Advisors Page 8

9 3 DEMOGRAPHICS 3511 Walnut Street Jacksonville, FL WALNUT STREET JACKSONVILLE, FL SVN Alliance Commercial Real Estate Advisors Page 9

Demographics Map POPULATION 1 MILE 3 MILES 5 MILES Total population 7,436 72,372 184,313 Median age 33.9 33.4 35.0 Median age (male) 29.7 30.6 33.0 Median age (Female) 38.6 37.1 37.

10 Demographics Map POPULATION 1 MILE 3 MILES 5 MILES Total population 7,436 72, ,313 Median age Median age (male) Median age (Female) HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES Total households 3,003 27,255 72,558 # of persons per HH Average HH income $35,084 $36,686 $46,192 Average house value $131,469 $140,123 $178,634 * Demographic data derived from 2010 US Census 3511 WALNUT STREET JACKSONVILLE, FL SVN Alliance Commercial Real Estate Advisors Page 10

11 4 SALE COMPARABLES 3511 Walnut Street Jacksonville, FL WALNUT STREET JACKSONVILLE, FL SVN Alliance Commercial Real Estate Advisors Page 11

12 3511 Walnut St. comparables Haines St Azar SOLD Jacksonville, FL Duval County True Buyer: Neal & Company LLC Recorded Seller: Kumiva Group, LLC E Garden St Pensacola, FL (850) E Foothill Blvd Pasadena, CA Clay Roesch True Seller: ATI Systems International Inc. Map Page: Rand McNally 68 AW50 Sale Date: Sale Price: Price/SF: PrFrma Cap Rate: Actual Cap Rate: 01/12/2017 (563 days on mkt) Bldg Type: $950,000 Confirmed Year Built/Age: $59.38 RBA: 9.47% Land Area: Zoning: Sale Conditions: Class C IndustrialWarehouse Built 1958 Age: 59 16,000 SF 1.12 AC (48,787 SF) IH, County Sale Leaseback Parcel No: Financing: Comp ID: Research Status: Confirmed Haines St SOLD Jacksonville, FL Duval County Recorded Buyer: NEFL Holdings LLC Recorded Seller: Madaket Brothers 209 Deer Haven Dr Ponte Vedra Beach, FL True Seller: 43 Chepachet Rd Avon, CT (860) Madaket Brothers Sale Date: Sale Price: Price/SF: PrFrma Cap Rate: Actual Cap Rate: 08/08/2016 Bldg Type: $1,200,000 Confirmed Year Built/Age: $41.96 RBA: 8.00% Land Area: Zoning: Sale Conditions: Class C IndustrialWarehouse Built 1962 Age: 54 28,600 SF 1.50 AC (65,340 SF) IH, County Map Page: Rand McNally 35 U15 Parcel No: Financing: Comp ID: Research Status: Confirmed Jessie St Becker SOLD Jacksonville, FL Duval County True Buyer: Recorded Seller: True Seller: Seven Bridges Properties Inc 1645 Jessie St Jacksonville, FL Southeast Rigging, Inc. Sale Date: Sale Price: Price/SF: PrFrma Cap Rate: 05/17/2017 (1248 days on mkt) Bldg Type: $750,000 Year Built/Age: $35.05 RBA: Land Area: Zoning: Class C IndustrialService Built 1967 Age: 50 21,400 SF 1.43 AC (62,291 SF) IH, County Map Page: Rand McNally 69 AW50 Parcel No: Financing: Comp ID: Research Status: Public Record Copyrighted report licensed to SVN Alliance Commercial Real Estate Advisors /9/2018 Page 1

13 3511 Walnut St. comparables N Lane Ave SOLD Jacksonville, FL Duval County Recorded Buyer: Castle Farms Enterprises, Inc True Seller: Bridgestone Retail Operations 6 Riverside Industrial Park Rome, GA (706) E Lake St Bloomingdale, IL (630) Sale Date: Sale Price: Price/SF: PrFrma Cap Rate: Actual Cap Rate: 08/17/2017 Bldg Type: $1,000,000 Confirmed Year Built/Age: $25.00 RBA: Land Area: Zoning: Sale Conditions: Class C IndustrialWarehouse Built 1983 Age: 34 40,000 SF 2.30 AC (100,188 SF) IL Bulk/Portfolio Sale Parcel No: Financing: Comp ID: , Research Status: Confirmed Pickettville Rd SOLD Jacksonville, FL Duval County Recorded Buyer: Flying Colors Group, LLC Recorded Seller: Cspi Inc 2223 N 2nd Ave Village Of Palm Springs, FL N Orange Blossom Trl Orlando, FL (407) Sale Date: Sale Price: Price/SF: PrFrma Cap Rate: Actual Cap Rate: 08/22/2017 (26 days on mkt) Bldg Type: $3,100,000 Confirmed Year Built/Age: $93.31 RBA: 9.00% Land Area: Zoning: Sale Conditions: Class C IndustrialService 33,224 SF 5 AC (217,800 SF) Sale Leaseback Parcel No: Financing: Comp ID: Research Status: Confirmed Stuart Ave SOLD Jacksonville, FL Duval County Recorded Buyer: Jax Stuart, LLC Recorded Seller: Chen Chao M 2150 Allen Rd Macon, GA Westover Rd Orange Park, FL (904) Sale Date: Sale Price: Price/SF: PrFrma Cap Rate: Actual Cap Rate: 06/02/2017 (178 days on mkt) Bldg Type: $1,530,000 Confirmed Year Built/Age: $36.22 RBA: Land Area: Zoning: Sale Conditions: Class C IndustrialManufacturing Built 1970 Age: 47 42,240 SF 3.76 AC (163,786 SF) IL Bulk/Portfolio Sale Parcel No: Financing: Comp ID: Research Status: Confirmed Copyrighted report licensed to SVN Alliance Commercial Real Estate Advisors /9/2018 Page 2

Address City Property Info Sale Info 1 1043 Haines St Jacksonville 16,000 SF Industrial/Warehouse Sold: $950,000 ($59.

14 Address City Property Info Sale Info Haines St Jacksonville 16,000 SF Industrial/Warehouse Sold: $950,000 ($59.38/SF) Haines St Jacksonville 28,600 SF Industrial/Warehouse Sold: $1,200,000 ($41.96/SF) Jessie St Jacksonville 21,400 SF Industrial/Service Sold: $750,000 ($35.05/SF) N Lane Ave Jacksonville 40,000 SF Industrial/Warehouse Sold: $1,000,000 ($25/SF) Pickettville Rd Jacksonville 33,224 SF Industrial/Service Sold: $3,100,000 ($93.31/SF) Stuart Ave Jacksonville 42,240 SF Industrial/Manufacturing Sold: $1,530,000 ($36.22/SF) Copyrighted report licensed to SVN Alliance Commercial Real Estate Advisors /9/2018 Page 3

15 5 RENT COMPARABLES 3511 Walnut Street Jacksonville, FL WALNUT STREET JACKSONVILLE, FL SVN Alliance Commercial Real Estate Advisors Page 15

Rent Comps SUBJECT PROPERTY 3511 Walnut Street, Jacksonville, FL

25 SF/YR Lease Type: NNN Space Size: 28,690 SF Year Built: 1963 Lot

69 AC 1 5233 COMMONWEALTH AVE Jacksonville, FL 32254 1 Lease Rate:

Size: 27,127 SF Lot Size: 0 AC Lease Date: 11/01/17 Occupancy: 100%

16 Rent Comps SUBJECT PROPERTY 3511 Walnut Street, Jacksonville, FL Lease Rate: $3.25 SF/YR Lease Type: NNN Space Size: 28,690 SF Year Built: 1963 Lot Size: 1.69 AC COMMONWEALTH AVE Jacksonville, FL Lease Rate: $4.85 SF Lease Type: NNN Space Size: 27,127 SF Year Built: 1960 Bldg Size: 27,127 SF Lot Size: 0 AC Lease Date: 11/01/17 Occupancy: 100% STRICKLAND 2981 Strickland St Jacksonville, FL Lease Rate: Year Built: $3.50 SF 1925 Lease Type: Bldg Size: NNN 19,000 SF Space Size: Lot Size: Lease Term: 24 months Lease Date: 02/22/17 Occupancy: 0% SF 1.02 AC WALNUT STREET JACKSONVILLE, FL SVN Alliance Commercial Real Estate Advisors Page 16

Rent Comps 3 1333 TRADEPORT DR 1333 Tradeport Dr Jacksonville, FL 32218 3

25 SF Lease Type: NNN Space Size: SF Year Built: 1992 Bldg Size: 35,154 SF Lot

08 AC Lease Term: 60 months Lease Date: 04/16/17 4 8101 BAYBERRY RD 8101

SF Year Built: 1979 Bldg Size: 19,632 SF Lot Size: 1.

Florida Mining Blvd E Jacksonville, FL 32257 Lease Rate: Year Built: $6.

17 Rent Comps TRADEPORT DR 1333 Tradeport Dr Jacksonville, FL Lease Rate: $4.25 SF Lease Type: NNN Space Size: SF Year Built: 1992 Bldg Size: 35,154 SF Lot Size: 4.08 AC Lease Term: 60 months Lease Date: 04/16/ BAYBERRY RD 8101 Bayberry Rd Jacksonville, FL Lease Rate: $4.75 SF Lease Type: NNN Space Size: 19,632 SF Year Built: 1979 Bldg Size: 19,632 SF Lot Size: 1.8 AC Lease Date: 08/09/17 Occupancy: 100% FLORIDA MINING BLVD E 9621 Florida Mining Blvd E Jacksonville, FL Lease Rate: Year Built: $6.50 SF 1989 Lease Type: Bldg Size: NNN 39,000 SF Space Size: Lot Size: 39,000 SF 5.17 AC Lease Term: 12 months Lease Date: 07/01/17 Occupancy: 100% WALNUT STREET JACKSONVILLE, FL SVN Alliance Commercial Real Estate Advisors Page 17

18 6 ADVISOR BIOS 3511 Walnut Street Jacksonville, FL WALNUT STREET JACKSONVILLE, FL SVN Alliance Commercial Real Estate Advisors Page 18

BLAIR RED GREENLAW Advisor PROFESSIONAL BACKGROUND Red has extensive real estate experience as an investor and project manager and leverages skills developed in these activities to help businesses

19 BLAIR RED GREENLAW Advisor PROFESSIONAL BACKGROUND Red has extensive real estate experience as an investor and project manager and leverages skills developed in these activities to help businesses maximize their potential through real estate. His brokerage activities include both tenant and landlord representation, as well as considerable experience as a listing agent. As an Advisor he provides clients with detailed financial analysis on real estate investments and critical advice during the buy/sell decision making process. Prior to becoming licensed in Real Estate, Red spent nearly two decades as a pilot in the U.S. Navy, where he still holds a commission as a Commander in the United States Navy reserve. His most recent assignment was as the Commanding Officer of VR62, an aviation squadron that conducts worldwide strategic operations in support of deployed assets and theater commanders. Red holds a bachelor s degree from The University of Maryland and a master s degree from The Naval War College. Red was selected as the Northeast Florida Regional Director for SVN Alliance in West Granada Boulevard Suite 5B Ormond Beach, FL T blair.greenlaw@svn.com FL #SL EDUCATION BA The University of Maryland at College Park MA United States Naval War College MEMBERSHIPS & AFFILIATIONS Jacksonville Chamber of Commerce JAXUSA Partnership NAIOP 3511 WALNUT STREET JACKSONVILLE, FL SVN Alliance Commercial Real Estate Advisors Page 19

The SVN Difference Sales with cooperating brokers sell for a 9.

Limited Market Exposure Registration for Property Information VS.

hiring the entire brokerage community Jones Lang Lasalle Cushman & Wakefield Colliers International Marcus &

20 The SVN Difference Sales with cooperating brokers sell for a 9.6% HIGHER SALE PRICE* traditional brokerage model Pocket Listings Buyer Pays Their Broker No Broker Coop Limited Market Exposure Registration for Property Information VS. Coop Fee Offered Exposure to Market Maximum Competition Highest Sale Price when you hire SVN you are also hiring the entire brokerage community Jones Lang Lasalle Cushman & Wakefield Colliers International Marcus & Millichap CBRE Baum Realty Group Newmark Grubb Knight Frank HFF MidAmerica *Aggregated 3rd Party Research Verified 3511 WALNUT STREET JACKSONVILLE, FL SVN Alliance Commercial Real Estate Advisors Page 20

21 SVN International Corp. Overview 3511 WALNUT STREET JACKSONVILLE, FL SVN Alliance Commercial Real Estate Advisors Page 21

3565 ST AUGUSTINE RD JACKSONVILLE, FL 32207

IND INDUSTRIAL USTRIAL PROPER PROPERTY TY FOR SALE 3565 ST AUGUSTINE RD JACKSONVILLE, FL 32207 For More Informa Information: tion: Eric Bumgarner Vice President 904.647.2355 ebumgarner@primerealtyinc.com