INVESTMENT OFFERING SAVE-A-LOT ANCHORED NNN CENTER GOLD'S GYM PLAZA 129-167C EAGLE SCHOOL RD, MARTINSBURG WEST VIRGINIA 25404 Gilbert R. Trout Arthur W. Putzel 443.921.9332 443.921.9326 gtrout@troutdaniel.com aputzel@troutdaniel.com
GOLD'S GYM PLAZA 100% LEASED GROCERY-ANCHORED CENTER IN MARTINSBURG, WEST VIRGINIA Table Of Contents Conidentiality & Disclaimer All materials and information received or derived from Trout Daniel & Associates its directors, oicers, agents, advisors, ailiates and/or any third party sources are provided without representation or warranty as to completeness, veracity, or accuracy, condition of the property, compliance or lack of compliance with applicable governmental requirements, developability or suitability, inancial performance of the property, projected inancial performance of the property for any party s intended use or any and all other matters. Neither Trout Daniel & Associates its directors, oicers, agents, advisors, or ailiates makes any representation or warranty, express or implied, as to accuracy or completeness of the any materials or information provided, derived, or received. Materials and information from any source, whether written or verbal, that may be furnished for review are not a substitute for a party s active conduct of its own due diligence to determine these and other matters of signiicance to such party. Trout Daniel & Associates will not investigate or verify any such matters or conduct due diligence for a party unless otherwise agreed in writing. Contents I. PROPERTY SUMMARY 3 II. UPSIDE & MARKET GROWTH 8 IV. ABOUT TROUT DANIEL & ASSOCIATES 14 EACH PARTY SHALL CONDUCT ITS OWN INDEPENDENT INVESTIGATION AND DUE DILIGENCE. Any party contemplating or under contract or in escrow for a transaction is urged to verify all information and to conduct their own inspections and investigations including through appropriate third party independent professionals selected by such party. All inancial data should be veriied by the party including by obtaining and reading applicable documents and reports and consulting appropriate independent professionals. Trout Daniel& Associates makes no warranties and/or representations regarding the veracity, completeness, or relevance of any inancial data or assumptions. Trout Daniel & Associates does not serve as a inancial advisor to any party regarding any proposed transaction. All data and assumptions regarding inancial performance, including that used for inancial modeling purposes, may difer from actual data or performance. Any estimates of market rents and/or projected rents that may be provided to a party do not necessarily mean that rents can be established at or increased to that level. Parties must evaluate any applicable contractual and governmental limitations as well as market conditions,vacancy factors and other issues in order to determine rents from or for the property. Legal questions should be discussed by the party with an attorney. Tax questions should be discussed by the party with a certiied public accountant or tax attorney. Title questions should be discussed by the party with a title oicer or attorney. Questions regarding the condition of the property and whether the property complies with applicable governmental requirements should be discussed by the party with appropriate engineers, architects, contractors, other consultants and governmental agencies. All properties and services are marketed by Trout Daniel & Associates in compliance with all applicable fair housing and equal opportunity laws. 2
I. PROPERTY SUMMARY 1.OVERVIEW 2.LOCATION MAPS 3.TENANT LAYOUT 4.ACCESS AERIAL Gilbert R. Trout Arthur W. Putzel 443.921.9332 443.921.9326 gtrout@troutdaniel.com aputzel@troutdaniel.com
GOLD'S GYM PLAZA 100% LEASED GROCERY-ANCHORED CENTER IN MARTINSBURG, WEST VIRGINIA I. PROPERTY SUMMARY Overview & Pricing PROPERTY SUMMARY % Leased: 100% In-Place NOI: $333,524 Lot Size: 8.61 Acres GOLD'S GYM PLAZA OVERVIEW Gold's Gym Plaza is a NNN, 100% leased grocery-anchored center located near the central crossroads of Martinsburg and minutes from U.S. I-81 - a major corridor for key governmental facilities, new distribution centers and new factory construction. A buyer will beneit from this burgeoning market, a location embedded inside a growing residential community, the stable mix of credit and household-name tenants and the several avenues for upside. GLA: 89,734 SF PROPERTY HIGHLIGHTS Grocery Anchored: New Save-A-Lot store with modern build out and contemporary 20K SF footprint. Parking: 402 Spaces (4.48:1,000) County: Berkeley Parcel ID: 08-10-00110001 100% Leased to e-commerce-resilient mix of ive tenants. NNN credit and long-term tenants plus additional 4,000 SF medical warehouse tenant. Average Base Rent of $3.77-2x or 3x below market - brings opportunity to re-lease at market rates. Ample parking, with possibility of pad development. Signalized intersection with high traic, great signage, ease of access, in a stable residential area. 4
GOLD'S GYM PLAZA 100% LEASED GROCERY-ANCHORED CENTER IN MARTINSBURG, WEST VIRGINIA I. PROPERTY SUMMARY Location 5
Tenant Layout 6
Property Access View 7
II. UPSIDE & MARKET GROWTH 1.BERKELEY COUNTY'S ECONOMIC JUGGERNAUT 2.UPSIDE VIEW 3.MARTINSBURG TRIPTYCH Gilbert R. Trout Arthur W. Putzel 443.921.9332 443.921.9326 gtrout@troutdaniel.com aputzel@troutdaniel.com
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GOLD'S GYM PLAZA 100% LEASED GROCERY-ANCHORED CENTER IN MARTINSBURG, WEST VIRGINIA II. UPSIDE & MARKET GROWTH Martinsburg Triptych Eastern WV Airport & Nat. Guard HQ Proctor & Gamble Factory Development FBI Central Records Center Macy's Logistics Center V.A. Medical Center WV University Health Care System IRS Enterprise Computing Center Berkeley County Court House 11
GOLD'S GYM PLAZA 100% LEASED GROCERY-ANCHORED CENTER IN MARTINSBURG, WEST VIRGINIA II. UPSIDE & MARKET GROWTH Drive Times 12
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III. ABOUT TROUT DANIEL & ASSOCIATES Gilbert R. Trout Arthur W. Putzel 443.921.9332 443.921.9326 gtrout@troutdaniel.com aputzel@troutdaniel.com