PROPERTY SUMMARY Address: 11401 - 11468 Marketplace Drive N., Champlin, MN 55316 Current Occupancy: 98% Net Rentable Area: 91,970 SF Number of Buildings: 4 Parking Spaces: 471 Year Built/Renovated: 1997/2005/2016 FINANCIAL SUMMARY The Property is being offered without an asking price. Year One NOI: $1,173,786 INVESTMENT HIGHLIGHTS GROCERY ANCHORED Cub Foods, the market leading grocery supermarket operator, has occupancy rights through 2048. Cub Foods together with Cub Liquor comprise 74% of the Property’s total net rentable area thereby significantly mitigating tenant volatility. LIMITED GROCER COMPETITION The Cub Foods at Champlin Marketplace is the only full format grocery store within two (2) miles of the Property. STRONG OCCUPANCY At 98% occupancy, the Property provides an investor outstanding cash flow and long-term residual value. DURABLE RENT ROLL / DEPENDABLE CASH FLOW The Property was developed in 1998 and the multitenant outlot building was added in 2005. Seventy percent of the net rentable area is occupied by original tenants and the average annual rollover in the first eight (8) years is a low 3.03%. EASE OF MANAGEMENT Cub Foods is wholly responsible for their parcel including all repairs, CAM, insurance and taxes. GROWING MARKET Champlin is in Hennepin County, the State’s most populous county, and is a northern suburb approximately 18 miles north northwest of Minneapolis. Champlin experienced 9% growth since the 2000 census. FREE AND CLEAR OF EXISTING DEBT The Property is being offered free and clear of existing debt allowing investors to take advantage of plentiful capital and historically low interest rates. ATTRACTIVE DEMOGRAPHICS Within 3-miles of the Property there are 63,559 people with an average household income of $93,986. Within 1-mile the annual household income is $105,868.