FOR SALE THE CROSSINGS AT BONITA SPRINGS

FOR SALE THE CROSSINGS AT BONITA SPRINGS RETAIL STRIP CENTER 28520 BONITA CROSSINGS BLVD BONITA SPRINGS, FL 34134 :: Doug Olson Senior Director 239.334.3040 doug.olson@trinitycre.com Trinity Commercial Group, Inc. Licensed Real Estate Broker

EXECUTIVE SUMMARY Offering Overview Trinity Commercial Group, Inc. is pleased to present the sale of a 26,241 square foot multi-tenant shopping center, located in the city of Bonita Springs. The subject site is highly visible on the east side of US 41, just one mile south of Bonita Beach Rd. Bonita Beach Rd and US 41 both exhibit incredible traffic volume. Due to the current vacancy and improving marketplace, this opportunity is ripe for tremendous upside for a savvy investor. Location: GLA: Land: ASSET PROFILE Year Built: 2003 Zoning: 28520 Bonita Crossings Blvd 26,241± Square Feet 2.43 Acres Occupancy: 100% Cap Rate: 7.16% Price/GLA: CC (Lee County) $133.38/SF PURCHASE PRICE: $3,500,000 Investment Highlights Fantastic co-tenancy with West Marine, Mattress1One, and Hope Hospice. Rare investment opportunity in the heart of Bonita Springs. Bonita Springs is an improving marketplace with over 300,000 SF of absorption in the last year. High traffic area with over 32,993± cars traveling US 41 just south of Bonita Beach Rd daily. West Marine has been operating at the site for over 10 years and Executive Summary The Crossings at Bonita Springs Contact Information For additional information or to arrange a property tour, please contact: :: Doug Olson Senior Director 239.334.3040 doug.olson@trinitycre.com SITE anticipated continued success. Reduced Landlord Responsibilities as current tenant leases are NNN. The subject site exhibits premium frontage and visibility from US 41 No debt to assume Florida has no State Income Tax.

Property Profile The Crossings at Bonita Springs PROPERTY PHOTOGRAPHS

COMPARABLE SALES Market Analysis The Crossings at Bonita Springs Photo Name Address Building (SF) Cap Rate Occupancy Sale Price Sale Date Pine Ridge Place Renaissance Center Shoppes at Beachwalk 2055-99 Pine Ridge Rd Naples, FL 3440 Renaissance Blvd Bonita Springs, FL 15751 San Carlos Blvd, Fort Myers, FL 33908 25,230 7.00% 84% 21,222 7.25% 95% 14,205 8.00% 100% $4,500,000 $178.36/SF $2,825,657 $133.15/SF $1,385,000 $97.50/SF 06/24/2014 10/03/2013 09/12/2013 Jimmy Johns Plaza 822 Del Prado Blvd Cape Coral, FL 10,000 8.00% 100% $774,000 $77.40/SF 7/31/2014 Mission Square 1485 Pine Ridge Rd Naples, FL 17,866 9.17% 92.9% $3,400,000 $190.31/SF 12/19/2012 Bonita Crossroads 11515 Bonita Beach Rd Bonita Springs, FL 14,120 N/A N/A $1,750,000 $123.94/SF 07/12/2013

AERIAL PHOTOGRAPH Market Analysis The Crossings at Bonita Springs SITE

PROPERTY AERIAL Market Analysis The Crossings at Bonita Springs

MARKET OVERVIEW City of Bonita Springs Bonita Springs is a city in Lee County, Florida. As of 2014, the estimated city population was 175,000±. The variety of wildlife and the largest population of burrowing owls in the state of Florida. Since 1985, the city has been home to the annual Oktoberfest held by The German American Social Club of Cape Coral. Nearby Fort Myers is home the one of Florida s youngest state universities, Florida Gulf Coast University (FGCU), opened in 1997 and now serves over 16,000 students. FGCU has established a Cape Coral satellite facility, which provides Cape Coral students with a growing offering of core courses. Market Analysis The Crossings at Bonita Springs economy of Cape Coral is based largely on local government services, healthcare, retail, and real estate development. The city features sandy beaches and phenomenal fishing on the Caloosahatchee River at the public Yacht Basin & Club. Other nearby Gulf beaches in the vicinity include Sanibel Island and Fort Myers Beach. The area is known by birding enthusiasts for a wide The university offers undergraduate, graduate, and doctoral degrees, including an Executive Master s program, within the Business, Engineering, and Biotechnology programs. Cape Coral is located just west of Fort Myers, across the Caloosahatchee River. The climate falls just within the tropical classification, more precisely the tropical wet and dry or savanna type.

AREA DEMOGRAPHICS Market Analysis The Crossings at Bonita Springs Demographics 2013 1 mile 3 mile 5 mile Population Est. Population 5,780 38,593 79,993 Employment Density 569 20,957 41,486 Age Est. Median Age 57.0 52.3 52.5 Est. Population 30 to 44 12.7% 13.4% 13.1% Income Est. Median HH Income $54,874 $59,370 $62,528 Est. Per Capita Income $39,344 $46,525 $49,964 Housing Est. Median Housing Value $234,538 $215,329 $219,760 Home Value $100k to $149k 11.9% 13.8% 13.3% Population by Race and Origin White Population 93.4% 89.6% 91.2% Black Population 0.9% 0.8% 1.0% Asian Population 1.0% 1.1%% 1.2% American Indian & Alaska Native 0.3% 0.5% 0.4% Other Population Race 4.4% 8.0% 6.2%

TENANT OVERVIEW West Marine www.westmarine.com The company was founded in 1968 by Randy Repass in Sunnyvale, California with the name West Coast Ropes, selling nylon rope from his garage. The first retail West Coast Ropes store opened in 1975 in Palo Alto, California. With the acquisition of assets from West Products in 1977, the company changed its name to West Marine Products, Inc. In 1978 West Marine established a wholesale division called Port Supply. In 1991, the first West Marine stores opened on the East Coast of the United States in Miami and Annapolis and in 1993 the company went public on the NASDAQ exchange (symbol WMAR). The company has over 325 retail stores in North America, including Puerto Rico and Canada, and also has three franchised stores in Turkey. Financials projections for full-year 2014 net revenues are approximately $695 million to $710 million. Mattress1One www.mattress1.com SOS Furniture Company, Inc. d/b/a Mattress1One is a well-established, internally funded family run regional company now with over 125+ locations. They are the second largest specialty mattress distributor in the Southeast United States with distribution warehouses in Miami and Orlando Florida. Appendix The Crossings at Bonita Springs Hope Hospice hopehcs.org Hope HealthCare Services is a not-for-profit, 501 (c) (3)-status community-based agency nationally recognized as a leader in providing high-quality, innovative care. They have over 30,000 square feet of merchandise, As southwest Florida's largest thrift store, they have a huge inventory of used furniture, clothing and treasures. Leases are corporately guaranteed by West Marine, Hope Hospice & Community Services Inc. & SOS Furniture Co, Inc.