Grocery Anchored Center- Strong Sales Westgate Center

Investment Highlights

Immediate Value-Add Multi-Tenant Grocery Anchored Shopping Center o United Supermarket Well-Below Market Gross Leases with Diverse Tenant Mix o Long Term Upside Potential/Growth Well Located along Hwy 412 - Main Retail Corridor across Large Trade Area o Main Grocer for MSA Newer 10 Year Corp. Lease by Harbor Freight - 1300+ Stores/48 States/40M Customers o Best in Class Strong Midwest Grocery Chain/Brand (The United Family) - 95 Stores/51 Cities o Huge Store Sales Path of New Highway from Oklahoma City - Large 5.09 Acre Site with Outparcel Opportunity

Executive Summary

The Snyder Carlton National Net Lease Team is pleased to present to qualified investors an opportunity to purchase a newly renovated grocery anchored shopping center (Westgate Shopping Center) located in Woodward, OK. The Westgate Shopping Center is a 6-tenant shopping center totaling 62,474 SF which includes United Supermarkets, a 50+ year tenant and Harbor Freight Tools, a strong national retailer which recently signed a new 10-year lease at the center. Positioned on US Route 412, this site sees approximately 18,500+ VPD. Woodward will benefit from a $250 million 4-lane highway project that will connect Woodward to interstate 40; allowing direct access to Oklahoma City and providing additional infrastructure to support businesses in Woodward. This is an excellent opportunity to acquire a newly renovated grocery anchored shopping center with brand-new leases (Harbor Freight Tools), which sits on over 5 acres of land and offered well below replacement cost.

• Sale Type    Investment
• Property Type    Retail
• Property Subtype    Freestanding Freestanding General Retail Convenience Store General Retail Fast Food General Retail Supermarket Freestanding
• Building Size    62,474
• Building Class    B
• Year Built    1972
• Price    2,948,082
• Price Per SF    47
• Cap Rate    7
• NOI    206,366
• Percent Leased    82
• Tenancy    Multiple
• Building Height    1 Story
• Building FAR    0.28
• Land Acres    5.09 AC

• Freeway Visibility