Oxlo Shopping Center

OFFERING MEMORANDUM 5640 Oxford College Drive | Oxford, OH 45056 OxloJamba Shopping Juice & AT&TCenter | DeerI Oxford, Park, OH IL

EXCLUSIVELY LISTED BY:

Jordan Powell Associate

DIRECT + 310.919.5844 MOBILE + 916.844.6454 [email protected]

Kyle Matthews, CCIM Chariman & CEO

DIRECT + 310.919.5757 MOBILE + 310.622.3161 [email protected]

BROKER OF RECORD Laurence Bergman License No. 342029 Offering Memorandum

TABLE OF CONTENTS

4 EXECUTIVE SUMMARY 8 PROPERTY OVERVIEW 12 AREA OVERVIEW INVESTMENT HIGHLIGHTS SITE DESCRIPTION OXFORD, OH RENT ROLL REGIONAL MAP DEMOGRAPHICS TENANT MAP MSA TOP EMPLOYERS

16 TENANT OVERVIEW VERIZON OVERVIEW FURNITURE FAIR HOME & SLEEP OVERVIEW

Table of Contents 3 OxloJamba Shopping Juice & AT&TCenter | DeerI Oxford, Park, OH IL

EXECUTIVE SUMMARY

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INVESTMENT HIGHLIGHTS EXECUTIVE SUMMARY

• Located directly outside of a heavily trafficked Walmart Property Name Oxlo Shopping Center Supercenter Address 5640 Oxford College Corner Rd Location Oxford, OH 45056 • Full visibility from Oxford College Road - one of the busiest

roads in Oxford Suggested List Price $1,270,000 CAP Rate - Current 9.40% • Opportunity to own a property with substantial investment return and upside Income Breakdown • Excellent income demographics well above the national average Base Rent $120,820 Estimated Expense Reimbursement $39,353 Estimated Gross Income $160,173

Estimated Expenses Real Estate Taxes $13,500 Insurance $6,200 Estimated CAM/R&M $1,427 Estimated Admin Fee $4,683 Operating EXPENSES $40,000 12,320 SF OF RETAIL PROPERTY 3 TENANTS

Executive Summary 5 Oxlo Shopping Center I Oxford, OH

RENT ROLL

Contract Rental Rate Rent Per SF Annual Recovery Unit Tenant Lease Start Lease End SF % of GLA Yearly Monthly Year Month Recovery Per Area

Verizon Wireless 5640 Nov-06 MTM 1,540 12.5% $30,800 $2,567 $20.04 $1.67 $6,360 $4.13 (Moorehead Communication)

5642 One Salon Jun-16 Sep-21 1,260 10.2% $13,860 $1,155 $11.04 $0.92 $4,536 $3.60

5650 Furniture Fair Apr-12 Mar-17 9,520 77.3% $76,160 $6,347 $8.04 $0.67 $28,560 $3.00

Occupied Totals - In Place 12,320 100.0% $120,820 $10,068 $9.81 $0.82 $39,456 $3.20 Vacant Totals 0 0.0% $0 $0 $0.00 $0.00 $0 $0.00 Totals 12,320 100.0% $120,820 $10,068 $9.81 $0.82 $39,456 $3.20

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Mathews Retail Advisors OxloJamba Shopping Juice & AT&TCenter | DeerI Oxford, Park, OH IL

PROPERTY OVERVIEW

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SITE DESCRIPTION

Property Name Oxlo Shopping Center Address 5640 Oxford College Corner Rd Location Oxford, OH 45056 Cross Street Todd Rd GLA ± 12,320 SF Lot Area ± 57,273 SF ( ± 1.31 ACRES) APN(s) H4100-028.000-017 Year Built 2006 Number of Stories 1 Parking Spaces ± 48 Parking Ratio 3.89 : 1,000

Property Overview 9 OxloJamba ShoppingOffering Juice & AT&TMemorandumCenter | DeerI Oxford, Park, OH IL Offering Memorandum

REGIONAL MAP

Subject Property

Subject Property Deer Park

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TENANT MAP

Subject Property

Property Overview 11 OxloJamba ShoppingOffering Juice & AT&TMemorandumCenter | DeerI Oxford, Park, OH IL

AREA OVERVIEW

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OXFORD, OH

Oxford is a city in northwestern Butler County, , in the southwestern portion of the state. It lies in Oxford Township, originally called the College Township. This college town was founded as a home for . Oxford was rated by Forbes as the “Best College Town” in the United States. Oxford is small and safe and young-person friendly. The ranking was based on the quality of higher education, crime rates, cost of living, number of students per capita, and average monthly expenses typically incurred by college students.

Miami University was founded in 1809 and has about 14,000 undergraduate students today. Miami University is the second oldest liberal arts educational institution in Ohio. Miami University is well known for development of the McGuffey Readers by W.H. McGuffey, that began publication in 1836. In its 2016 edition, U.S. News & World Report ranked the university 82nd among national universities, the 34th top public school, and 5th for best undergraduate teaching at national universities. Miami University students make up nearly half the population of the approximately 7-square-mile town of Oxford, Ohio.

DEMOGRAPHICS

POPULATION 1 Mile 3 Miles 5 Miles 2021 Projection 1,986 22,427 27,254 2016 Estimate 1,930 22,220 27,059 2010 Census 1,851 22,010 26,881 2000 Census 1,927 22,698 27,266 Growth 2016 - 2021 2.92% 0.93% 0.72% Growth 2010 - 2016 4.27% 0.95% 0.66% HOUSEHOLDS 1 Mile 3 Miles 5 Miles 2021 Projection 840 6,262 8,222 2016 Estimate 818 6,167 8,119 2010 Census 783 5,997 7,938 2000 Census 785 6,081 7,879 Growth 2016 - 2021 2.68% 1.54% 1.26% Growth 2010 - 2016 4.52% 2.85% 2.28% INCOME 1 Mile 3 Miles 5 Miles 2016 Est. Average $67,583 $62,962 $65,590 Household Income

Property Overview 13 OxloJamba Shopping Juice & AT&TCenter | DeerI Oxford, Park, OH IL

CINCINNATI 1st 3rd MSA for corporate investment U.S. Travel Destinations Cincinnati MSA has a population of 298,165 people (2014), making it the 28th-largest st th Metropolitan Statistical Area (MSA) in the United 1 10 States and the largest centered in Ohio. MSA for new and expanded Largest Gross Metropolitan Product in the World corporate facilities

ECONOMIC OVERVIEW New federal data shows Cincinnati metropolitan area’s economy grew the fastest among major cities in the Midwest. Powering Cincinnati growth is its professional and business services sector – which includes legal, accounting, architectural, engineering, advertising services and other services – that contributed to nearly half the increase. Cincinnati employs more than 60,000 marketing, brand management, design, research, advertising and data-analytics professionals, making it an increasingly attractive region for diverse millennial talent.

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CINCINNATI

Cincinnati is a livable city at the crossroads—literally and figuratively—of north and south, east and west, and Old World and New World. Called by some the “northernmost southern city,” it is a transportation and cultural gateway between the industrial North and rural South dating back to Underground Railroad days.

Cincinnati’s culture is strongly influenced by its history of German and Irish immigrants and its geographical position on the border of the Southern United States and Midwestern United States. Cincinnati’s food specialties reflect the city’s German heritage. Many restaurants specialize in schnitzels and in Bavarian cooking, as many immigrants originated in southern Germany. Cincinnati hosts a number of large annual events. Oktoberfest Zinzinnati, Bockfest, and the Taste of Cincinnati that feature local restaurateurs. Music-related events include the Cincinnati May Festival, MidPoint Music Festival, and Cincinnati Bell/WEBN Riverfest.

For the Midwest, Cincinnati has excellent and widely recognized cultural amenities, including the Cincinnati Symphony Orchestra, Cincinnati Pops, and the Cincinnati Art Museum. The city has a long major-league sports tradition that is more accessible than most cities. Cincinnati has two major league teams, seven minor league teams, five college institutions with sports teams, and seven major sports venues. Cincinnati’s two major league teams are Major League Baseball’s Reds, who were named for America’s first professional baseball team. On Major League Baseball Opening Day, Cincinnati has the distinction of holding the “traditional opener” in baseball each year, due to its baseball history. Many children in Cincinnati skip school on Opening Day, which is TOP 7 MAJOR EMPLOYERS IN THE commonly thought of as a city holiday. CINCINNATI MSA

# EMPLOYER EMPLOYEES 1 The Kroger Co. 21,646 2 University of Cincinnati 16,016 Cincinnati Children’s Hospital Medical 14,944 3 Center 4 TriHealth, Inc. 11,800 5 Procter & Gamble Co. 11,000 6 UC Health 10,000 7 GE Aviation 7,800

Area Overview 15 OxloJamba Shopping Juice & AT&TCenter | DeerI Oxford, Park, OH IL

TENANT OVERVIEW

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Verizon is the number one wireless phone service in the United States and it is Verizon Wireless, Brand Verizon Wireless the company’s core mobile business, that accounts for 70% of revenue. Verizon Wireless serves about 113 million retail connections and operates one of the most extensive wireless network in Company Name Verizon Communications Inc. the US. Ownership Public

GEOGRAPHIC REACH Credit Rating BBB+ Verizon has offices in more than 150 countries and operates 200 data centers in roughly 24 countries. The company conducts research centers in San Francisco and Waltham, Rating Agency Standard & Poor’s Massachusetts. Revenue $131.6 B

STRATEGY Net Income $17.9 B Through its acquisitions of Yahoo and AOL, Verizon is making a major push into mobile content. With a competitive eye toward the convergence of wireline communications and Stock Symbol VZ digital broadcasting services, Verizon has been building out its fiber-to-the-premises network Board NYSE to improve digital video transmission services and gain an edge on leading cable operators. Additionally, the company is developing a 5G network, which would increase data speeds and No. of Locations ±1,700 reduce latency. No. of Employees ± 162,700

Headquartered New York, NY

Web Site www.verizon.com

Year Founded 1983

Tenant Overview 17 Oxlo Shopping Center I Oxford, OH

The Greater Cincinnati and Dayton Ohio leader in furnishings for your home. Furniture fair has Brand Furniture Fair the guaranteed low price on furniture and mattresses in the Midwest. Furniture Fair has grown into the premier location for home furnishings in the Greater Cincinnati region. Company Name Furniture Fair Home and Sleep

GEOGRAPHIC REACH Ownership Private

Through the years the company as continued to grow and now has store locations at Fairfield, No. of Locations 11 Colerain Avenue, Eastgate, Fields Ertel and Montgomery Ohio. As well as locations in Florence, Cold Spring and Erlanger Kentucky, Web Site www.furniturefair.net

Year Founded 1963 STRATEGY A Full service interior design facility called Design Destination is located in many of the showroom locations. Always trying to care for the customer Furniture Fair has recently opened three new Home and Sleep locations in Oxford, Tri-County and Western Hills Ohio.

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CONFIDENTIALITY AND DISCLAIMER STATEMENT

This Offering Memorandum contains select information pertaining to the business and affairs of Oxlo Shopping Center located at 5640 Oxford College Corner Rd, Oxford, OH 45056 (“Property”). It has been prepared by Matthews Retail Advisors. This Offering Memorandum may not be all-inclusive or contain all of the information a prospective purchaser may desire. The information contained in this Offering Memorandum is confidential and furnished solely for the purpose of a review by a prospective purchaser of the Property. It is not to be used for any other purpose or made available to any other person without the written consent of Seller or Matthews Retail Advisors. The material is based in part upon information supplied by the Seller and in part upon financial information obtained from sources it deems reliable. Owner, nor their officers, employees, or agents makes any representation or warranty, express or implied, as to the accuracy or completeness of this Offering Memorandum or any of its contents and no legal liability is assumed or shall be implied with respect thereto. Prospective purchasers should make their own projections and form their own conclusions without reliance upon the material contained herein and conduct their own due diligence.

By acknowledging your receipt of this Offering Memorandum for the Property, you agree:

1. The Offering Memorandum and its contents are confidential;

2. You will hold it and treat it in the strictest of confidence; and

3. You will not, directly or indirectly, disclose or permit anyone else to disclose this Offering Memorandum or its contents in any fashion or manner detrimental to the interest of the Seller.

Owner and Matthews Retail Advisors expressly reserve the right, at their sole discretion, to reject any and all expressions of interest or offers to purchase the Property and to terminate discussions with any person or entity reviewing this Offering Memorandum or making an offer to purchase the Property unless and until a written agreement for the purchase and sale of the Property has been fully executed and delivered.

If you wish not to pursue negotiations leading to the acquisition of the Property or in the future you discontinue such negotiations, then you agree to purge all materials relating to this Property including this Offering Memorandum.

A prospective purchaser’s sole and exclusive rights with respect to this prospective transaction, the Property, or information provided herein or in connection with the sale of the Property shall be limited to those expressly provided in an executed Purchase Agreement and shall be subject to the terms thereof. In no event shall a prospective purchaser have any other claims against Seller or Matthews Retail Advisors or any of their affiliates or any of their respective officers, Directors, shareholders, owners, employees, or agents for any damages, liability, or causes of action relating to this solicitation process or the marketing or sale of the Property.

This Offering Memorandum shall not be deemed to represent the state of affairs of the Property or constitute an indication that there has been no change in the state of affairs of the Property since the date this Offering Memorandum.

Mathews Retail Advisors Offering Memorandum

Jordan Powell Associate

DIRECT +1.310.919.5844 MOBILE +1.916.944.6454 [email protected]

Kyle Matthews, CCIM Chariman & CEO

DIRECT +1.310.919.5757 MOBILE +1.310.622.3161 [email protected]

BROKER OF Record Laurence Bergman

License No. 342029

OFFERING MEMORANDUM 5640 Oxford College Corner Rd | Oxford, OH 45056