FLORIDA CITY, FLORIDA

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1 FLORIDA CITY, FLORIDA

2

3 PROPERTY OVERVIEW FLORIDA KEYS OUTLET CENTER FLORIDA CITY, FL MAJOR METROPOLITAN AREAS Miami: 32 miles RETAIL GLA (sq. ft.) 206,000; 55 stores SELECT TENANTS adidas, Aéropostale Outlet, American Eagle Outfitters, Carter s Outlet, Coach Factory Store, The Converse Outlet Store, dressbarn, Gap Factory Store, GUESS Factory Store, Gymboree Outlet, Levi s Outlet Store, Nautica, Nike Clearance, Nine West Outlet, OshKosh Outlet, Tommy Hilfiger Company Store, U.S. Polo Assn., Under Armour Clearance From Naples 41 US Homestead Kendall Florida s Turnpike US 1 Miami South Beach Coral Gables Biscayne Bay OPENING DATES TOURISM / TRAFFIC Florida City East Palm Drive South Miami Opened September 1994 PARKING RATIO 5.8:1 RADIUS POPULATION Florida Keys Outlet Center is located just five miles from the only underwater national park, Biscayne National Park and ten miles from the main entrance to the Everglades National Park. Key West is approximately 2 ½ hours south and Ft. Lauderdale is one hour north. The closest major metropolitan area, Miami, is the third largest international tourist destination in the U.S. Over 12 million people visit Miami yearly with 46% of visitors coming from international markets such as South America, Europe and the Caribbean. Everglades National Park US 1 FLORIDA KEYS OUTLET CENTER FLORIDA CITY, FL 15 miles: 409, miles: 1,637, miles: 3,240,258 AVERAGE HH INCOME MAJOR ATTRACTIONS Miami Metro Zoo, Homestead-Miami Speedway Motor Sports Complex, Florida Everglades, Biscayne Bay National Parks, Schnebly Winery, and Florida Keys, Islamorada, the sportfishing capital of the world 30 miles: $73,146 LOCATION / DIRECTIONS Florida Turnpike and US 1 at Palm Drive (SW 344th Street) Florida City, Florida. The center has strong visibility off the intersection of the Florida Turnpike and US 1 and records 133,700 vehicles passing the center daily. The majority of the three million visitors to the Florida Keys each year drive past the center. From Miami: South on the Florida Turnpike until highway meets US 1 in Florida City, left at Palm Drive (SW 344th Street), just 30 minutes from the airport Information accurate as of 5/1/16. Source: SPG Research; trade area demographic information per STI: PopStats (2015). From the Florida Keys: North on US 1 to Palm Drive (SW 344th Street), turn right, 20 minutes from Key Largo

4 MASTER PLAN SR 821 / FLORIDA TRNPKE. US 1 / S. DIXIE HWY.

5 AERIAL OVERVIEW SR 821 / FLORIDA TRNPKE. US 1 / S. DIXIE HWY. NE 6th AVE. From SW 344th ST. NORTH

6 SURROUNDING AREA CENTERS Tamarac Sea Ranch Lakes Oakland Park Lauderhill Lazy Lake Franklin Park Simon Centers Competition Weston Florida Keys Outlet Center Aventura Mall Bal Harbour Shops Bayside Marketplace Brickell City Centre (2016) Dadeland Mall Dolphin Mall The Falls Lincoln Road Mall at Miami World Center (Fall 2016) Miami Design District Miami International Mall Pembroke Lakes Mall The Shops at Pembroke Gardens The Shops at Sunset Place Southland Mall The Village at Gulfstream Park Village Of Merrick Park Westland Mall Broadview Park Davie Dania Beach Southwest Ranches Cooper City Pembroke Pines 11 Ives Estates Hollywood Golden Beach Miramar 2 Sunny Isles Beach Palm Springs North Miami Lakes Golden Glades Bal Harbour Hialeah Gardens 3 Westview Indian Creek Medley 17 El Portal North Bay Village Brownsville Miami Beach Virginia Gardens Sweetwater Miami 4 Fisher Island Tamiami West Miami lades Plantation Island Chokoloskee Westwood Lakes 16 Coral Gables Sunset 13 Key Biscayne Kendall West 5 The Crossings Pinecrest 7 Richmond Heights Country Walk Richmond West 8 West Perrine Goulds Naranja Homestead Base Leisure City Homestead 1 Cutler Bay Florida City 15 MILES North Key Largo 30 MILES Key Largo Tavernier 45 MILES Islamorada Layton Duck Key Key Colony Beach Big Pine Key Islandia

7 OTHER RETAIL SHOPPING CENTERS GROSS LEASABLE AREA ANCHORS DISTANCE / DRIVE-TIME Southland Mall Miami, FL 1,039,000 sf JCPenney, Macy s, Ross Dress for Less, Sears 11 miles / 16 minutes The Falls Miami, FL 838,000 sf Bloomingdale s, Macy s 16.4 miles / 25 minutes Palms at Town and Country Kendall, FL 700,000 sf Toys R Us, Marshalls, Nordstrom Rack, Dick s Sporting Goods 22 miles / 27 minutes Dadeland Mall Miami, FL 1,499,000 sf Nordstrom, Saks Fifth Avenue, Macy s, JCPenney 24.2 miles / 30 minutes Village of Merrick Park Miami, FL 706,000 sf Neiman Marcus, Nordstrom 28.6 miles / 37 minutes OUTLET SHOPPING GROSS LEASABLE AREA ANCHORS DISTANCE / DRIVE-TIME Dolphin Mall Doral, FL 1,400,000 sf Bass Pro Shops Outdoor World, Marshalls, Sports Authority, HomeGoods, Burlington 28 miles / 35 minutes Sawgrass Mills Sunrise, FL 2,253,000 sf Bloomingdale s - The Outlet Store, Neiman Marcus Last Call, Nordstrom Rack, Saks Fifth Avenue OFF 5TH 65 miles / 1 hour

8 60 Columbia Road Building B 3rd Floor Morristown, NJ (973) premiumoutlets.com Simon is a global leader in retail real estate ownership, management and development and an S&P 100 company (Simon Property Group, NYSE:SPG).

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