Offering Memorandum OFFERING MEMORANDUM TRADER JOE’S, PIER 1 IMPORTS, & HEALTHY LIVING MARKET 200-222 DORSET ST & 59 GARDEN ST. SOUTH BURLINGTON, VT 05403 ™ MatthewsCLICK Retail Advisors HERE TO1 SEE PROPERTY VIDEO Trader Joe’s, Healthy Living Market, Pier 1 | Burlington, Vermont ™ EXCLUSIVELY LISTED BY: ARON CLINE KYLE MATTHEWS VP & SENIOR DIRECTOR CHAIRMAN & CEO DIRECT +1.949.432.4509 DIRECT +1.310.919.5757 MOBILE +1.310.403.4984 MOBILE +1.310.622.3161
[email protected] [email protected] EL WARNER SVP & NATIONAL DIRECTOR YVES BRADLEY BROKER OF RECORD DIRECT +1.310.579.9690 POMERLEAU REAL ESTATE MOBILE +1.858.752.3078
[email protected] Matthews Retail Advisors 081.0004317 Offering Memorandum TABLE OF CONTENTS EXECUTIVE SUMMARY 4 OFFERING SUMMARY // INVESTMENT HIGHLIGHTS FINANCIAL SUMMARY // DEBT ASSUMPTIONS FINANCIAL SUMMARY 8 RENT ROLL // INCOME & EXPENSES // LEASE EXPIRATION SCHEDULE // 10-YEAR ROLLOVER // SUMMARY TENANT PROFILE // CASH FLOW PROPERTY OVERVIEW 14 PHYSICAL DESCRIPTION // REGIONAL MAP // TENANT MAP // AERIALS AREA OVERVIEW 22 SOUTH BURLINGTON, VT // TOP EMPLOYERS // DEMOGRAPHICS ECONOMIC DEVELOPMENT // BURLINGTON MSA // LOCAL ATTRACTIONS UNIVERSITY OF VERMONT // SOUTH BURLINGTON CITY CENTER TENANT OVERVIEW 32 TRADER JOE’S OVERVIEW // PIER 1 IMPORTS // HEALTHY LIVING MARKET Matthews Retail Advisors 3 Trader Joe’s, Healthy Living Market, Pier 1 | Burlington, Vermont BURLINGTON AIRPORT ±2 MILES CITY CENTER PROPOSED $300MILLION DEVELOPMENT Dorset St ± 8,000 ADT 4 Matthews Retail Advisors EXECUTIVE SUMMARY Offering Memorandum offering summary Aron Cline and the Matthews Retail Advisors are pleased to exclusively offer for Trader Joe’s & Pier One Imports have approximately 8 years remaining on 10 sale to qualified investors a prime trophy location dual grocery anchored year leases with 10% increases every 5 years while Healthy Living Market has shopping center located in South Burlington, VT.