Plaza East Multi-Tenent Retail Center

Offering Brochure 93,479 Square Feet Charleston, Fully Occupied Neighborhood Center

Cushman & Wakefield is pleased to present to Offering at a Glance qualified investors the opportunity to purchase Asking Price: $7,300,000 ($78.09/SF) Plaza East, a 93,479 SF retail center in Charleston, Cap Rate: 9.38% WV. Located in the heart of downtown, Plaza East is In-Place NOI: $684,811 a quality asset with a strong occupancy history and a Building Size: 93,479 SF strategic location within the state capital. Address: 1313-1327 Plaza East, Charleston, WV 25301 Executive Summary cushmanwakefield.com | 3 | 3 cushmanwakefield.com cushmanwakefield.com – The area immediately surrounding Plaza East is currently experiencing a renaissance that includes the conversion includes the conversion that a renaissance experiencing is currently Plaza East surrounding immediately area – The – Plaza East is a prime example of using retail space in non-traditional ways such as a laundromat, tire store, medical store, tire such as a laundromat, ways in non-traditional space of using retail is a prime example – Plaza East – Plaza East is located across Morris Street from Appalachian Power Park. The 4,500-seat stadium is home to the West Virginia Virginia the West to is home stadium 4,500-seat The Park. Appalachian Power from Morris Street across located is East – Plaza

– Not only is Charleston the country seat of Kanawha County, it is also the West Virginia state capital. A county seat implies seat A county capital. state Virginia the West it is also County, of Kanawha seat the country – Not only is Charleston – Between the WV Government (AA) and CVS (BBB+) over 65% of the space in the center is occupied by investment grade credit credit grade investment by is occupied in the center the space 65% of (BBB+) over and CVS (AA) Government the WV – Between

Capital Location Capital Location Credit Tenants Credit Power, the single A affiliate to the Pittsburgh Pirates and one of the key local attractions in the City of Charleston. Although the Power is the main Although the Power in the City of Charleston. local attractions and one of the key Pirates the Pittsburgh to the single A affiliate Power, High School Baseball Championship as well Virginia the West of Charleston, the University , it is also used by of the stadium, tenant viability of Plaza East. which will help the long-term the area to add a liveliness to the ballpark continues activity at The as other non-baseball events. tenants. In addition, Dollar Tree/Family Dollar (BB+) and Rent-A-Center (B+) are also nationally recognized, publicly-traded companies. publicly-traded recognized, also nationally (B+) are Dollar (BB+) and Rent-A-Center Tree/Family In addition, Dollar tenants. and government offices. These are uses that will see little or no negative impact from the “Amazon Effect” which will aid Park East’s stability well well stability East’s Park which will aid Effect” “Amazon the from impact negative or no little see will that uses are These offices. government and the future. into an abundance of governmental jobs which are typically more stable than private sector jobs and help minimize major swings in employment and in employment swings major jobs and help minimize sector than private stable typically more jobs which are of governmental an abundance divisions. governmental in several such employees many is home to East spending. Plaza consumer ultimately of older office and industrial buildings to high-end condominiums, further hospital expansion and governmental development to the north and east the north and east to development governmental and further hospital expansion high-end condominiums, to buildings and industrial of older office of the redevelopment future improve, to continues property the surrounding as the area 100% occupied, currently is Although Plaza East of the site. be an opportunity. could or a parking structure office multi-family, into property Technology Resistant Tenants Tenants Resistant Technology Virginia West Developing Neighborhood Area Developing

• • • Investment Highlights Investment • • PLAZA EAST

For more information please contact one of the following individuals:

Hank Davis Michael J. Sullivan, CCIM Brian Young, SIOR, CCIM Senior Director Senior Director Senior Vice President [email protected] [email protected] [email protected] +1 513 763 3022 +1 513 763 3032 +1 864 370 8087

Cushman & Wakefield 201 E. Fourth Street, Suite 1800 Cincinnati, OH 45202 www.cushmanwakefield.com