Deer Valley Towne Center

Investment Highlights

Institutional-Quality Community Center High Credit Tenancy

Executive Summary

* Institutional-Quality Community Center ? Dominant, high-performing Target and AMC shadow anchored daily needs and value-focused shopping center at an established regional destination within the Phoenix MSA * High Credit Tenancy ? Deer Valley Towne Center enjoys a top-tier tenant line-up comprised of ?majors? including Ross Dress for Less, PetSmart, Michaels, Dollar Tree, Five Below and a complimentary mix of other national retailers including Chipotle, Panda Express, Nekter Juice and Jersey Mike?s * Strong Historical Occupancy ? Secure, diverse and established income stream ? with a current WALT of 4.6 Years, only 29% of the existing GLA expires in the first 5 years while over 55% of the center?s GLA has operated at this location for over +20 years! * Below Market Rental Rates ? On average, it is estimated that property-wide rents at Deer Valley Towne Center are approximately 17% below-prevailing rates, further enhancing intrinsic value and tenant security * High Visibility, High Traffic Location ? Deer Valley Towne Center benefits from tremendous visibility with its multiple 60-foot pylon signs and nearly ?2,500 linear feet of frontage along State Route 101 (?73,769 CPD) at the regional intersection with Interstate 17 (?106,993 CPD) * Surrounding Office & Medical Density ? The property enjoys daytime traffic from over 2.8M SF of office, medical office and hospital services within a 1-mile radius, including the 204-bed Deer Valley Medical Center (Honor Health) which just began a $170M two-year expansion project

• Sale Type    Owner User
• Property Type    Retail
• Property Subtype    Restaurant
• Building Size    4,976
• Building Class    B
• Year Built    1975
• Tenancy    Single
• Building Height    1 Story
• Building FAR    0.13
• Land Acres    0.87 AC