LAKEVIEW SHOPPING CENTER 100 Lakeview Ct

Investment Highlights

WELL-LOCATED NEIGHBORHOOD STRIP CENTER | 70,172 SF ? 89.6% LEASED | NEW 15-YR NNN LEASE WITH GOODWILL (EXP 03/2040) GOODWILL & BUFFALO WILD WINGS COMPRISE 38% OF RENTAL INCOME ? BOTH HAVE 15+ YEARS OF TERM REMAINING | 75% OF RENTAL INCOME IS FROM NATIONAL TENANTS IDEALLY POSITIONED ALONG MURDOCH AVE (29,000 VPD) IN THE HEART OF THE NORTH PARKERSBURG RETAIL CORRIDOR | EXCELLENT ACCESS & VISIBILITY IMMEDIATE VALUE-ADD OPPORTUNITY | 7,291 SF OF VACANCY ? 2 UNITS | STRONG LEASING MOMENTUM STRONG TENANT SALES | BUFFALO WILD WINGS OPERATING AT SUB-5% OCCUPANCY COST ? OVER $2.7M IN SALES DESIRABLE DEMOGRAPHICS | 5-MILE POPULATION: NEARLY 40,000; HHI: NEARLY $80,000 | GROWING POPULATION | 4TH MOST POPULOUS CITY IN WEST VIRGINA

Executive Summary

Broker of RecordSteve DuBruelerLicense No. 004733-00 (WV)(866) 889-0550Coldwell Banker Premier1682 South Pleasant Valley Rd. Winchester,WV 22601

• Sale Type    Investment
• Property Type    Retail
• Property Subtype    Restaurant
• Building Size    70,172
• Building Class    C
• Year Built    1984
• Price    6,690,000
• Price Per SF    95
• Cap Rate    9
• NOI    602,100
• Percent Leased    100
• Tenancy    Multiple
• Building Height    1 Story
• Building FAR    1.08
• Land Acres    1.49 AC

• Pylon Sign