Southwest Corner of Chesterfield Airport Road & Public Works Drive Chesterfield (Suburban St. Louis), MO

Southwest Corner of Chesterfield Airport Road & Public Works Drive Chesterfield (Suburban St. Louis), MO

INVESTMENT HIGHLIGHTS S U B J E C T O F F E R I N G Mid-America Real Estate Corporation and Pace Properties have been retained on behalf of the owner to sell the 100% fee simple interest in Chesterfield Valley Square. Located in one of St. Louis most affluent suburban communities, the asset provides the opportunity to acquire a wellpositioned retail center with the upside potential to add more convenience and service-oriented tenants. Location: Total GLA: SWC Chesterfield Airport Road & Public Works Drive Chesterfield, Missouri 53,928 SF Occupancy Rate: 100% Lot Size: 6.07 AC Year Built: 2005

KEY FEATURES DOMINANT METRO TRADE AREA The center is positioned in the heart of the Chesterfield regional trade area, a prominent retail hub serving the western suburbs of St. Louis. The trade area is highlighted by Chesterfield Commons, neighboring to the immediate west, which is the dominant power center in the trade area, and Taubman Prestige Outlets. Both centers act as regional draws, providing high-profile anchors to the market. The Chesterfield regional trade area totals over 2.6 million square feet of space, 93% of which is currently leased, clearly demonstrating the strength of the market. AFFLUENT CONSUMER BASE The suburban communities surrounding the property include some of the highest incomes in the St. Louis MSA. The consumer base of 85,739 residents within a five-mile radius earn average household incomes of $154,279, and is expected to experience population growth of 2.5% over the next 5 years. INTERNET RESILIENT TENANT MIX Chesterfield Valley Square is 100% leased to a diverse tenant line-up consisting of destination-oriented restaurants, necessity, and service retailers. Tenants at the center include restaurants such as Bar Louie and Oishi Sushi & Steakhouse, service providers like Athletico, and national credit users including U.S. Bank and Sherwin Williams. The diverse assortment of tenants grants the center a strong consumer draw with internet resilience. OPTIMAL ACCESSIBILITY Ideally positioned at the signalized intersection of Chesterfield Airport Road and Public Works Drive, Chesterfield Valley Square benefits from combined daily traffic counts of approximately 22,000 vehicles per day. The center is immediately adjacent to the west of Chesterfield Commons, a 2-million square foot power center, providing outstanding daily customer traffic. Additionally, the center is located less than one half mile away from two interchanges with I-64, a primary interstate that connects the city s western suburbs with all points of interest throughout St. Louis MSA. DEMOGRAPHIC PROFILE WITHIN 5 -MILE RADIUS: POPULATION 85,739 HOUSING UNITS 31,606 MEDIAN HOME VALUE $333,446 DAYTIME POPULATION 93,330 AVERAGE HH INCOME $154,279 MEDIAN HH INCOME $108,973 MEDIAN AGE 45.5

LEASING PLAN Tenant Name Unit Square Feet Oishi Sushi & Steakhouse 100-104 6,612 Investor's Title 106-108 2,213 St. Louis Vapor 110 1,612 Lacefield Music (Pending) 112-114 6,503 Filippo's Italian Kitchen & Bar 118-120 3,341 U.S. Bank 122-126 2,773 SkinBe Med Spa 128 1,859 HG Hair Studio 130-132 2,713 Athletico 134-138 3,865 Tenant Name Unit Square Feet icare Nails & Spa 140 1,495 ubreakifix 124 1,357 Portrait Innovations 144 2,094 St. Louis Realty 146 2,026 Sherwin Williams 101 4,408 Cocoon Home Consignment 103 4,120 Bar Louie 105 6,614 Cell Tower CT 323 Total 53,928

LOCATION & MARKET Chesterfield Valley Square is ideally positioned in the west suburban St. Louis community of Chesterfield in western St. Louis County, less than 25 miles west of the Downtown CBD. The center benefits from convenient access to I-64 via two interchanges located less than one half-mile away. I-64 is a primary east-west interstate that connects the city s western suburbs with all points of interest throughout the St. Louis MSA. Chesterfield has a population of roughly 47,500 residents, and is among the most affluent communities in the region. It is well known for its excellent schools, responsive city government, thriving business community, and the best shopping and dining in the area. The top employers in Chesterfield include Monsanto, Reinsurance Group of America, Dierbergs, Pfizer, and St. Luke s Hospital. More than 2,000 businesses with more than 42,000 employees work within Chesterfield. The demographics surrounding Chesterfield Valley Square are some of the strongest and most affluent in the St. Louis MSA, creating a robust shopping base of consumers for the trade area. The residential population within a 5-mile radius of the center is 85,739, boasting corresponding average household incomes of $154,279. The Chesterfield regional trade area consists of 2.6 million square feet of retail space at a healthy 93% occupancy rate, and is anchored by Chesterfield Commons, a 2-million square foot, 1.5-mile-long power center, which is located directly adjacent to the subject offering. The center features category leading big box retailers such as The Home Depot, Aldi, Lowe s, Sam s Club, Best Buy, Michaels, and Walmart Supercenter, providing excellent co-tenancy to the subject offering. Additional draw to the trade area is provided via the Simon owned St. Louis Premium Outlets, which is located less than 3 miles west of Chesterfield Valley Square.

DEMOGRAPHICS The below table details the established upper-middle income customer profile of the center: Distance from Subject: 3 Miles 5 Miles 7 Miles 2017 Population 16,054 85,739 211,771 Forecasted 2022 Population 16,357 87,919 218,399 % Change 2017 to 2022 1.9% 2.5% 3.1% 2017 Households 6,164 31,606 79,946 Forecasted 2022 Households 6,285 32,414 82,472 % Change 2017 to 2022 2.0% 2.6% 3.2% 2017 Median Home Value $518,484 $333,446 $273,125 2017 Daytime Demographics 34,477 93,330 217,134 2017 Average Household Income $194,334 $154,279 $131,608 2017 Median Household Income $129,093 $108,973 $98,338 2017 Per Capita Income $74,838 $57,260 $49,938 2017 Median Age 44.7 45.5 43.7 CHESTERFIELD ST. LOUIS COUNTY

PROPERTY DESCRIPTION Chesterfield Valley Square was constructed in 2005, and is comprised of 53,928 square feet situated on a 6.07 acre parcel, which runs perpendicular to Chesterfield Airport Road, an arterial thoroughfare in the Chesterfield regional trade area. The two building, L-shaped strip retail center is aesthetically appealing, featuring brick and stone materials, which highlight the traditional yet upscale architectural features of the asset. Access to Chesterfield Valley Square is provided via two curb cuts along Public Works Drive, one of which is shared with Chesterfield Commons. The site also features an exceptional parking ratio of 5.11 spaces per 1,000 square feet. TENANCY Chesterfield Valley Square is a 100% occupied retail strip center leased to a solid mix of restaurants, necessity, service, and specialty retailers including national credit tenants like Sherwin Williams, U.S. Bank, Bar Louie, and Athletico, as well as local tenants such as Oishi Sushi & Steakhouse. The center s dynamic tenant roster grants the center a consumer draw with internet resilience. The center has experienced solid recent leasing velocity, with U.S. Bank, ubreakifix, SkinBe Med Spa, and Cocoon Home Consignment added to the tenant roster, as well as numerous other tenants executing renewals including Investor s Title, icare Nails & Spa, and St. Louis Vapor. FINANCIAL Chesterfield Valley Square is being offered free and clear of any existing debt. In-Place Net Operating Income: $884,652

For further information contact owner s exclusive representatives. Real Estate Group-Missouri LLC Ben Wineman Mid-America Real Estate Corp. Direct: 630.954.7336 bwineman@midamericagrp.com Scott Seyfried Pace Properties Direct: 314.785.7647 sseyfried@paceproperties.com This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.