CHANDLER FASHION CENTER NET LEASED INVESTMENT NEC Loop 202 & Chandler Village Dr Chandler, AZ

CHANDLER FASHION CENTER NET LEASED INVESTMENT NEC Loop 202 & Chandler Village Dr Chandler, AZ

Exclusively Listed by CHAD TIEDEMAN Senior Managing Director (602) 288-3472 ctiedeman@pcaemail.com JOHN SCHWEIKERT Assoicate Vice President (602) 734-7218 jschweikert@pcaemail.com table of contents 04 INVESTMENT OVERVIEW Property Summary 05 PROPERTY OVERVIEW Site Plan Rent Roll 07 TENANT OVERVIEW Tenant Profiles 08 16 AREA OVERVIEW Property Photos Aerials Chandler s Largest Employers Demographics CONTACT Confidentiality Agreement 3131 East Camelback Road, Suite 340 Phoenix, Arizona 85016 www.pcainvestmentsales.com N

± 155,895 VPD ± 165,642 VPD Click to watch Chandler Shops property video Play

4 NET LEASED INVESTMENT Property Summary Investment Highlights OFFERING PRICE $6,527,000 CAP RATE 6.35% NET OPERATING INCOME $414,486 OCCUPANCY 100% PARCEL 301-65-963 TOTAL BUILDING SIZE ±24,231 SF Unique opportunity to acquire a two-tenant net leased investment in one of the strongest retail trade areas in the state Stable cash flow with annual rent increases for each tenant High quality construction, recently developed in 2012 Ideal tenant combination that are e-commerce resistant with a medical/healthcare provider and a personal service retailer Extensive tenant build-out, significant capital invested by OrthoArizona and Palette Collective Location highlights TOTAL LAND SIZE ±3.06 Acres Affluent trade area with 35% primary households earn over $100,000 and 2/3 are family households with median age of 33 YEAR BUILT 2012 Strong performing Costco shadow anchor provides an excellent regional pull of high-income shoppers SHADOW ANCHOR PROPERTY ADDRESS Costco/Chandler Fashion Center 505 & 525 S Chandler Village Dr Chandler, AZ 85226 Adjacent to the 1.3-million-square-foot upscale Chandler Fashion Center, the key shopping destination for Phoenix s East Valley Intersection of two major, high-traffic freeways Loop 101 and 202 with ±321,000 VPD

NET LEASED INVESTMENT 5 Property Site Plan CHANDLER VILLAGE DR GALLERIA WAY N

6 NET LEASED INVESTMENT Rent Roll TENANT NAME SQ. FT. LEASE TERM CURRENT ANNUAL BASE RENT ANNUAL RENT PER SF ANNUAL ESTIMATED NNN S INCREASES ON INCREASES BY RENEWAL OPTIONS 13,171 Jul 2016 to May 2027 $214,950.72 $16.32 $66,382.00 Annually 2% Two, Five Yr Options at FMV & 2% Annual Increases Personal Guarantee 11,060 Sep 2016 to Jun 2024 $203,061.60 $18.36 $55,742.00 Annually 2% Two, Three Yr Options at FMV & 2% Annual Increases Personal Guarantee TOTAL SF 24,231 $418,012.32 $122,124.00 OCCUPANCY 100% ¹ - OrthoArizona has a ROFR, which must be exercised within 5 business days of signed LOI. They also have a termination right effective August 2021. Cash Flow Breakdown Total Base Rent $418,012 Expense Reimbursements $122,124 Total Income $540,136 Less Expenses $125,650 Net Operating Income $414,486 Estimated NNN Expenses* CAM $45,564 Taxes $60,564 Insurance $5,553 Management $13,969 Total $125,650 *Based on a 2018 Budget

NET LEASED INVESTMENT 7 Tenant Profiles An orthopedic practice that is made up of more than 70 premier specialists, specializing in sports medicine, joint replacements, arthroscopy, fractures, arthritis and general orthopedic conditions in adult and pediatric patients. OrthoArizona has more than 35 offices throughout the Valley, and each focus on quality care, compassion and exceptional customer service. Palette Collective was created in 2015 and is a platform for entrepreneurs from many industries such as hair, beauty, food, beverage and retail to have a place to build and create a space that reflects their brand and style. Palette collective s combination of salon suites and marketplace-vibe provide a community for local businesses to showcase amazing food, coffee and retail concepts under one roof. WEBSITE www.orthoarizona.org WEBSITE www.mypalettecollective.com OWNERSHIP Private OWNERSHIP Private LOCATIONS ±35 Locations LOCATIONS ±4 Locations GUARANTEE Personal GUARANTEE Personal 70+ Surgeons & Physicians 16 Physicians recognized as Phoenix Magazine s 2017 Top Doctor 24 Years in the Business 5 Star reviews on Google, Yelp & Facebook 99% of business in AZ are small businesses Featured in Phoenix New Times & East Valley Tribune

± 155,895 VPD ± 165,642 VPD GALLERIA WAY CHANDLER VILLAGE DR

12 NET LEASED INVESTMENT Chandler s largest employers Top 12 Headquarters/Corporate Offices Located in Chandler 11,270 4,900 4,500 3,800 2,400 2,100 1,750 1,650 1,625 1,590 1,400 1,100

WARNER RD PECOS RD ± 165,642 VPD 2 MILES SOUTH ARIZONA AVE ± 155,895 VPD CHANDLER BLVD ALMA SCHOOL RD DOBSON RD RURAL RD MCCLINTOCK DR RAY RD

14 Demographics NET LEASED INVESTMENT POPULATION GROWTH 5-Mile HOUSEHOLD GROWTH 5-Mile AVERAGE HOUSEHOLD INCOME 2017 2000 188,644 2000 66,926 1-Mile $86,940 2010 204,041 2010 78,712 3-Mile $95,785 2017 226,865 2017 87,145 5-Mile $91,583 2021 244,807 2021 93,846 CHANDLER VILLAGE RD

NET LEASED INVESTMENT 2017 CONSUMER SPENDING 5-MILE 15 DAYTIME DEMOGRAPHICS 2017 Employees in the Area 1-Mile 9,595 DAYTIME DEMOGRAPHICS 2017 Businesses in the Area 1-Mile 509 Entertainment / Recreation $305,730,140 Health Care $524,885,881 3-Mile 42,837 3-Mile 2,845 5-Mile 115,759 5-Mile 7,789 Food At Home $497,497,201 Personal Care Products / Services $79,925,970 ± 155,895 VPD GALLERIA WAY N

Confidentiality Statement Exclusively Listed by This Confidential Offering Memorandum has been prepared by Phoenix Commercial Advisors (PCA) for use by a limited number of parties whose sole purpose is to evaluate the possible purchase of the subject property. This Memorandum has been prepared to provide summary, unverified information to prospective purchasers, and to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation. The information contained in this Memorandum has been obtained from sources we believe to be reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty, or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used, are for example only, and do not represent the current or future performance of the property. The value of this transaction to you depends on taxes and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine, to your satisfaction, the suitability of the property for your needs. All potential buyers must take appropriate measures to verify all of the information set forth herein. Both Phoenix Commercial Advisors (PCA) and the Owner disclaim any responsibility for inaccuracies and expect prospective purchasers to exercise independent due diligence in verifying all such information. The contained information is subject to change at any time and without notice. The recipient of the Memorandum shall not look to the Owner or Phoenix Commercial Advisors (PCA) for the accuracy or completeness of this Memorandum. CHAD TIEDEMAN Senior Managing Director (602) 288-3472 ctiedeman@pcaemail.com JOHN SCHWEIKERT Assoicate Vice President (602) 734-7218 jschweikert@pcaemail.com A prospective purchaser must make its own independent investigations, projections, and conclusions regarding the acquisition of the property without reliance on this Memorandum or any other Confidential Information, written or verbal, from the Broker or the Seller. The Owner expressly reserves the right, at its sole discretion, to reject any offer to purchase the property or to terminate any negotiations with any party, at any time, with or without written notice. Only a fully-executed Real Estate Purchase Agreement, approved by Seller, shall bind the property. Each prospective purchaser and/or broker proceeds at its own risk. All property showings are by appointment only. 3131 East Camelback Road, Suite 340 Phoenix, Arizona 85016 www.pcainvestmentsales.com