PROPERTY OVERVIEW PROPERTY HIGHLIGHTS

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PROPERTY SUMMARY Available SF: Lease Rate: Lot Size: Cross Streets: ± 1,200-32,500 SF $22.00-38.00 SF/yr (NNN) ± 15.0 Acres West Bay Ave & Lighthouse Dr PROPERTY OVERVIEW Four Retail Pad Sites and Retail Space Available at Barnegat 67; Phase 1 is Complete; Phase II Delivery 3Q 2019 PROPERTY HIGHLIGHTS Barnegat 67 is a 15-acre mixed retail/residential site located off the Garden State Parkway, Exit 67A (new exit), which directs traffic directly to the entrance of the center. Over 100,000 SF of retail space and 151 luxury apartments. Co-tenants include Dunkin Donuts, Planet Fitness, Jersey Mike's, BSR Physical Therapy, Pan Asia, Dollar Tree, Barnegat Convenience, Urgent Care, with more to come. Join Jersey Mike's on pad site C; owner will build building WaWa gas station and CVS are adjacent to site. Liquor license available. Direct access to GSP - On / Off Ramp; Shared traffic light with Parkway entrance/exit. 148 condo units approved adjacent to site, and 200 homes completed across the street. Three miles to Hackensack Meridian Medical Center

Lease Rate: $22.00-38.00 SF/YR (NNN) Total Space 48,943 SF Lease Type: NNN Lease Term: Negotiable SPACE SPACE USE LEASE RATE LEASE TYPE SIZE (SF) TERM Pad Site B with Drive-Through Retail Pad $90,000 PER YEAR NNN ± 3,900 SF Negotiable Pad Site C with Drive-Through Free Standing Building $38.00 SF/YR NNN ± 2,400 SF Negotiable Pad Site D Retail Pad NEGOTIABLE, DEPENDING ON DELIVERY AND BUILD NNN ± 10,143 SF Negotiable Phase II Strip Center $22.00 SF/YR NNN ± 1,200-32,500 SF Negotiable

* Demographic data derived from 2010 US Census 3 Miles 5 Miles 10 Miles Total Population 17,087 38,957 106,038 Population Density 604 496 338 Median Age 42.8 42.6 44.8 Median Age (Male) 41.9 41.2 43.1 Median Age (Female) 43.3 43.4 45.7 Total Households 6,391 14,531 41,054 # of Persons Per HH 2.7 2.7 2.6 Average HH Income $78,937 $80,506 $83,309 Average House Value $299,991 $298,333 $330,857

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