F O R S A L E B U R L I N G T O N C O A T F A C T O R Y I N V E S T M E N T O P P O R T U N I T Y REPRESENTATIVE PHOTO

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Ellen Ford
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1 F O R S A L E REPRESENTATIVE PHOTO B U R L I N G T O N C O A T F A C T O R Y I N V E S T M E N T O P P O R T U N I T Y

2 TABLE OF CONTENTS TABLE OF CONTENTS... 2 EXECUTIVE SUMMARY... 3 OVERVIEW... 4 AERIALS... 5 SITE PLAN... 7 PHOTOS... 9 FINANCIALS DEMOGRAPHICS WILL PLACE NEW ORLEANS, LA 70123

4 0 / P S F 9 % 1 0 y e a r s ( 0 8 / 1 / 1 3 ) - ( 0 1 / 3 1 / 2 0 ) f o u r ( 4 ) f i v e y e a r o p t i o n s e a c h a t a 5.

3 O V E R V I E W A E R I A L S S I T E P L A N P H O T O S F I N A N C I A L S EXECUTIVE SUMMARY g l a p r i c e U N I T P R I C E c a p r a t e p r i m a r y t e r m o p t i o n s A L E X A N D R I A M E T R O A R E A R A P I D E S P A R I S H 6 3, S F $ 4, 0 4 9, $ / P S F 9 % 1 0 y e a r s ( 0 8 / 1 / 1 3 ) - ( 0 1 / 3 1 / 2 0 ) f o u r ( 4 ) f i v e y e a r o p t i o n s e a c h a t a 5. 5 % i n c r e a s e A L E X A N D R I A ' S C O S T O F L I V I N G I S 4 % L O W E R T H A N N A T I O N A L A V E R A G E A V E R A G E C O M M U T E T I M E R O U G H LY 3 1 % L E S S T H A N N A T I O N A L A V E R A G E The Burlington Coat Factory is located in the Alexandria Mall and can be accessed from the interior of the mall in addition to the main exterior access from Masonic Drive. IDEAL LOCATION The Alexandria Mall is the premiere retail hub in the Alexandria market with other notable developments including the Macarthur Village, and the Alexandria Center. These are all large retail operations occupied by major national credit tenants to provide goods and services for the Alexandria Metropolitan area. The subject property has significant frontage along Masonic Drive and the some of the heaviest traffic flows in the area. INVESTMENT OPPORTUNITY The property is currently leased under a 10 year primary term lease, with 1+ years remaining, in which the tenant currently pays $404,961 annually, and covers all expenses. There are (4) 5 year options to renew, each increasing at a 5.5% With 4, 5 year options increasing at 5.5%. average over the option terms. D E M O S WILL PLACE NEW ORLEANS, LA 70123

OVERVIEW A E R I A L S S I T E P L A N P H O T O S F I N A N C I A L S d e m o g r a p h i c s n a p s h o t D E M O S a d d r e s s m a s o n i c d r i v e A l e x a n d r i a, l a 7 1 3 0 1 2 0 1 7

4 OVERVIEW A E R I A L S S I T E P L A N P H O T O S F I N A N C I A L S d e m o g r a p h i c s n a p s h o t D E M O S a d d r e s s m a s o n i c d r i v e A l e x a n d r i a, l a E S T I M A T E S T O T A L P O P U L A T I O N T O T A L H O U S E H O L D S A V G. H H P E R C A P I T A l a n d a r e a g l a y e a r b u i l t p a r k i n g z o n i n g t a x a u t h o r i t y / i d b u i l d i n g e x t e r i o r r o o f l i g h t i n g p a r k i n g l o t s i g n a g e a c c e s s p o i n t s + / a c r e s 6 3, s q. f t p a r k i n g s p a c e s C - 2 r a p i d e s p a r i s h c o n c r e t e, s t u c c o, & b r i c k b u i l t u p f l a t r o o f s u s p e n d e d f l u o r e s c e n t l i g h t i n g A s p h a l t c o n c r e t e s u r f a c e p a r k i n g m a i n e n t r a n c e 2 - m a s o n i c d r i v e ( m a i n a c c e s s ) & i n t e r i o r o f t h e m a l l 1 M I L E 5, , $ 4 5, $ 1 8, M I L E S 4 7, , $ 5 4, $ 2 1, M I L E S 6 1, , $ 5 1, 5 74 $ 2 0, WILL PLACE NEW ORLEANS, LA 70123

7 ABOUT THE TENANT Burlington is a leading off-price apparel and home product retailer. Burlington operates 567 stores in 45 states and Puerto Rico, where you ll find a large assortment of current, high-quality, designer and namebrand merchandise at up to 65% off other retailers' prices. Choose from a large selection of coats, clothing, and shoes for the entire family. With a great assortment of linens and home décor. In Baby Depot, you ll find everything you need for baby, from baby bottles to cribs. Burlington Coat Factory is a convenient one-stop shop with the labels you love, at prices you'll love even more! For the fourth quarter, the company's same-store sales grew by 5.9 percent, driven primarily by an increase in traffic. Same-store sales grew by 3.4 percent in 2017 following a strong 4.5 percent comparable-store sales gain the previous year. For the first quarter of 2018, the retailer is anticipating a same-store sales increase of between 2 and 3 percent.

9 ACTUAL PHOTO

10 O V E R V I E W A E R I A L S S I T E P L A N P H O T O S F I N A N C I A L S D E M O S FINANCIALS - rent roll & net operating income m o n t h l y a n n u a l p s f P R I M A R Y T E R M (8/1/2013)-(1/31/2020) $ 3 3, $ 4 0 4, $ net operating income TOTAL POTENTIAL RENTAL INCOME - ($10.60 per SF) $404, s t R E N E W A L ( 2 / 1 / ) - ( 1 / 3 1 / ) 2 n d R E N E W A L (2/1/2025)-(1/31/2030) $ 3 5, $ 3 7, $ 4 2 9, $ 4 5 4, $ $ REAL ESTATE TAXES - REIMBURSED IN FULL INSURANCE - REIMBURSED IN FULL 2018 net operating income $404, r d R E N E W A L (2/1/2030)-(1/31/2035) $ 3 9, $ 4 7 9, $ n d R E N E W A L (2/1/2035)-(1/31/2040) $ 4 2, $ 5 0 4, $ WILL PLACE NEW ORLEANS, LA 70123

D E M O G R A P H I C S 2 0 1 7 E S T I M A T E S T O T A L P O P U L A T I O N T O T A L H O U S E H O L D S A V G. H H M E D. H H P E R C A P I T A 5 M I N.

11 D E M O G R A P H I C S E S T I M A T E S T O T A L P O P U L A T I O N T O T A L H O U S E H O L D S A V G. H H M E D. H H P E R C A P I T A 5 M I N. 4 4, , $ 5 3, $ 4 0, $ 2 1, M I N. 7 0, , $ 5 2, $ 4 1, $ 2 1, M I N , , $ 5 7, $ 4 5, $ 2 2, D I S C L A I M E R : T H I S S I T E P L A N S H O U L D O N L Y S E R V E A S A N A P P R O X I M A T I O N O F T H E C E N T E R S L O C A T I O N, L A Y O U T, T E N A N T S, A N D S Q U A R E F O O T A G E. N A M E S, I M A G E S, O R R E P R E S E N T A T I O N S O F T E N A N T S, S T R E E T S, O R P A R K I N G S P A C E S S H A L L N O T B E C O N S I D E R E D A W A R R A N T Y T H A T T H E S E E L E M E N T S A R E A C C U R A T E O R W I L L C O N T I N U E T O E X I S T. T H E U S E O F D E M O G R A P H I C S A R E F O R I L L U S T R A T I V E P U R P O S E S O N L Y A N D S H A L L N O T A C T A S A W A R R A N T Y O F T H E I R A C C U R A C Y.

2 0 1 7 E S T I M A T E S T O T A L P O P U L A T I O N T O T A L H O U S E H O L D S A V G. H H M E D.

12 E S T I M A T E S T O T A L P O P U L A T I O N T O T A L H O U S E H O L D S A V G. H H M E D. H H P E R C A P I T A J A C K S O N, M S 4 7, , $ 5 3, $ 3 6, $ 2 1, 6 1 8

Robert s Village. The Shops at Aubert Avenue Saint Louis, Missouri 63113

Robert s Village. The Shops at Aubert Avenue Saint Louis, Missouri 63113 The Shops at Robert s Village 1330 Aubert Avenue Saint Louis, Missouri 63113 Jeff Eisenberg P: (314) 721-5611 C: (314) 640-8510 jeff@jeisenberg.com www.jeisenberg.com FOR LEASE Roberts Village Shopping