FOR SALE RETAIL/OFFICE PLAZA 2544 LIBRARY RD

FOR SALE RETAIL/OFFICE PLAZA 2544 LIBRARY RD 2544 LIBRARY RD PITTSBURGH, PA 15234 John Westermann Advisor 412.535.8060 john.westermann@svn.com SVN THREE RIVERS COMMERCIAL ADVISORS 309 SMITHFIELD STREET, 5TH FLOOR, PITTSBURGH, PA 15222 OFFERING MEMORANDUM

Property Summary OFFERING SUMMARY Sale Price: $840,000 Cap Rate Actual: 8.26% PROPERTY OVERVIEW SVN Three Rivers Commercial Advisors is pleased to present for sale 2544 Library Rd. The property is a 25,000 sf Retail/ Office Plaza. It is 95% occupied, with the only vacancy being for dry storage. The property is 5 miles south of the Pittsburgh CBD and just off the newly reconfigured intersection at Route 51. Twenty parking spaces. On the bus and light rail lines to downtown and points south. Cap Rate Pro Forma 9.00% NOI Actual: $69,403. NOI Pro Forma $75,587 Lot Size:.8 Acre Building Size: 25,000 SF Price / SF: $33.60 2544 LIBRARY RD PITTSBURGH, PA 15234 SVN Three Rivers Commercial Advisors Page 2

Additional Photos 2544 LIBRARY RD PITTSBURGH, PA 15234 SVN Three Rivers Commercial Advisors Page 3

Regional Map 2544 Library Rd 2544 LIBRARY RD PITTSBURGH, PA 15234 SVN Three Rivers Commercial Advisors Page 4

Aerial Map 2544 Library Rd 2544 LIBRARY RD PITTSBURGH, PA 15234 SVN Three Rivers Commercial Advisors Page 5

Rent Roll TENANT LEASE LEASE ANNUAL NAME START END RENT COMMENTS All Things Aquatic 8/1/14 7/31/19 $6,696 Scuba Shop Kerry Marsh 9/1/08 MTM $2,976 Service Master Nicholas Sambrick 2/20/18 1/31/19 $30,960 Thrift Shop Seibel Studios 6/15/15 MTM $25,440 Recording Studio Sky Spa Inc 9/1/15 8/31/20 $39,120 Spa Sports Monsters of PA 10/1/16 MTM $7,500 Sports Training Transitional Office Installation 3/5/15 MTM $8,400 Office Furniture Wild Things 10/1/07 MTM $1,740 Bachelor Parties Vacant Storage $7,000 Totals/Averages $129,832 $0 2544 LIBRARY RD PITTSBURGH, PA 15234 SVN Three Rivers Commercial Advisors Page 6

Financial Summary INVESTMENT OVERVIEW CURRENT PRO FORMA Price $840,000 $840,000 Price per SF $33.60 $33.60 CAP Rate 8.3% 9.0% Cash-on-Cash Return (yr 1) 9.63 % 13.31 % Total Return (yr 1) $36,258 $42,442 Debt Coverage Ratio 1.3 1.42 OPERATING DATA CURRENT PRO FORMA Gross Scheduled Income $122,832 $129,832 Other Income $44,556 $44,556 Total Scheduled Income $159,019 $165,669 Gross Income $159,019 $165,669 Operating Expenses $89,616 $90,082 Net Operating Income $69,403 $75,587 Pre-Tax Cash Flow $16,184 $22,368 FINANCING DATA CURRENT PRO FORMA Down Payment $168,000 $168,000 Loan Amount $672,000 $672,000 Debt Service $53,219 $53,219 Debt Service Monthly $4,434 $4,434 Principal Reduction (yr 1) $20,074 $20,074 2544 LIBRARY RD PITTSBURGH, PA 15234 SVN Three Rivers Commercial Advisors Page 7

Income & Expenses INCOME SUMMARY CURRENT PER SF PRO FORMA PER SF Rents $122,832 $4.91 $129,832 $5.19 CAM Reimbursement $44,556 $1.78 $44,556 $1.78 Vacancy @ 5% -$8,369 -$0.33 -$8,719 -$0.35 Gross Income $159,019 $6.36 $165,669 $6.63 EXPENSE SUMMARY CURRENT PER SF PRO FORMA PER SF Utilities $49,532 $1.98 $49,532 $1.98 Insurance $12,811 $0.51 $12,811 $0.51 Taxes $11,315 $0.45 $11,315 $0.45 Property Management @ 7% $11,131 $0.45 $11,597 $0.46 Maintenance & Repairs $4,075 $0.16 $4,075 $0.16 Snow Removal $752 $0.03 $752 $0.03 Gross Expenses $89,616 $3.58 $90,082 $3.60 Net Operating Income $69,403 $2.78 $75,587 $3.02 2544 LIBRARY RD PITTSBURGH, PA 15234 SVN Three Rivers Commercial Advisors Page 8

Demographics Map POPULATION 1 MILE 3 MILES 5 MILES 15,901 146,782 325,876 Median age 42.9 40.5 39.8 Median age (Male) 39.4 37.9 37.5 Median age (Female) 45.2 42.2 41.5 1 MILE 3 MILES 5 MILES 6,858 63,114 139,640 # of persons per HH 2.3 2.3 2.3 Average HH income $57,325 $55,377 $62,160 Average house value $94,875 $109,827 $152,298 Total population HOUSEHOLDS & INCOME Total households * Demographic data derived from 2010 US Census 2544 LIBRARY RD PITTSBURGH, PA 15234 SVN Three Rivers Commercial Advisors Page 9

Advisor Bio & Contact JOHN WESTERMANN Advisor 309 Smithfield Street, 5th Floor Pittsburgh, PA 15222 T 412.535.8060 C 412.302.3675 john.westermann@svn.com PROFESSIONAL BACKGROUND John Westermann serves as an Advisor for SVN Three Rivers Commercial Advisors, specializing in office properties. As a commercial real estate professional, he has developed an extensive network of owners and investors of commercial property in the Pittsburgh and southwestern Pennsylvania markets. With his clients, John strives to create working relationships built on competence and trust. John s professional background includes commercial banking and management consulting. This experience gives him the ability to understand his clients commercial property goals and requirements, and to quickly identify solutions to meet those needs. John is a long-time resident of the Pittsburgh area. He and his wife make their home in Penn Hills. John is a licensed real estate agent in Pennsylvania. 2544 LIBRARY RD PITTSBURGH, PA 15234 SVN Three Rivers Commercial Advisors Page 10