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Home , 50 Biscayne, Greater Downtown Miami

50 BISCAYNE BOULEVARD , FL, 33132 NON-ENDORSEMENT AND DISCLAIMER NOTICE

NON-ENDORSEMENTS Marcus & Millichap is not affiliated with, sponsored by, or endorsed by any commercial tenant or lessee identified in this marketing package. The presence of any corporation’s logo or name is not intended to indicate or imply affiliation with, or sponsorship or endorsement by, said corporation of Marcus & Millichap, its affiliates or subsidiaries, or any agent, product, service, or commercial listing of Marcus & Millichap, and is solely included for the purpose of providing tenant lessee information about this listing to prospective customers.

ALL PROPERTY SHOWINGS ARE BY APPOINTMENT ONLY. PLEASE CONSULT YOUR MARCUS & MILLICHAP AGENT FOR MORE DETAILS.

DISCLAIMER THIS IS A BROKER PRICE OPINION OR COMPARATIVE MARKET ANALYSIS OF VALUE AND SHOULD NOT BE CONSIDERED AN APPRAIS- AL. This information has been secured from sources we believe to be reliable, but we make no representations or warranties, express or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Marcus & Millichap is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2017 Marcus & Milli- chap. All rights reserved.

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TABLE OF CONTENTS

03 INVESTMENT OVERVIEW 27 OVERVIEW 13 PROPERTY DETAILS

21 COMPARABLES This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Any projections, opinions, assumptions or estimates used herein are for example purposes only and do not represent the current or future performance of the property. Marcus & Millichap Real Estate Investment Services is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2017 Marcus & Millichap ACT ID ZAA0390314 50 BISCAYNE BOULEVARD 50 BISCAYNE

50 BISCAYNE BOULEVARD

1 1 This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Any projections, opinions, assumptions or estimates used herein are for example purposes only and do not represent the current or future performance of the property. Marcus & Millichap Real Estate Investment Services is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2017 Marcus & Millichap ACT ID ZAA0390314

2 50 BISCAYNE BOULEVARD 50 BISCAYNE 50 BISCAYNE BOULEVARD INVESTMENT OVERVIEW 3 3 $3,000 $51,813 $141,114 $195,927

EXPENSES EXPENSE TOTAL Insurance Taxes Real Estate CAM PRICE

OFFERING $60 6,590,000 $ 7,531 SF $451,860 $451,860 TOTAL INCOME TOTAL INCOME Rent per Square Foot per Square Rent Leasable Area Gross Base Rent *Property is currently Vacant Vacant currently is *Property $60 NNN based rent **Cap on 50 BISCAYNE BOULEVARD BISCAYNE 50 *Sellerseparetely will sell OFFERING HIGHLIGHTS OFFERING

50 BISCAYNE BOULEVARD 4 5 50 BISCAYNE BOULEVARD $5,065.14 $24,540.96 $65,925.19 $95,531.29

EXPENSES EXPENSE TOTAL Management Fee Management Taxes Real Estate Condo Maintenance Condo PRICE

OFFERING $60 $3,122,000 $214,020 $214,020 3,567.00 SF FOLIO: 01-4137-060-5290 50 BISCAYNE BOULEVARD - CU-1 - BOULEVARD BISCAYNE 50 TOTAL INCOME TOTAL INCOME Rent per Square Foot per Square Rent Leasable Area Gross Base Rent

50 BISCAYNE BOULEVARD 6 Base RentBase Gross Area Leasable Rent Square per Foot TOTAL INCOME INCOME 50 BISCAYNE BOULEVARD - CU-2 $133,500 $133,500 2,225 SF $1,946,000 $60 OFFERING

PRICE Condo Maintenance Real EstateReal Taxes Management Fee TOTAL EXPENSE EXPENSES

FOLIO: 01-4137-060-5300 $41,122.38 $59,589 $3,159.5 $15,308

7 50 BISCAYNE BOULEVARD 50 BISCAYNE BOULEVARD 8 Base RentBase Gross Area Leasable Rent Square per Foot TOTAL INCOME INCOME 50 BISCAYNE BOULEVARD - CU-3 $104,340 $104,340 1,739SF $1,522,000 $60 OFFERING

PRICE Condo Maintenance Real EstateReal Taxes Management Fee TOTAL EXPENSE EXPENSES

FOLIO: 01-4137-060-5310 $46,573.84 $11,964.32 $32,140.14 $2,469.38

9 50 BISCAYNE BOULEVARD

. Marcus & Millichap is pleased to present 7,531 square foot of retail which is is which of retail foot square 7,531 Millichap & Marcus present to is pleased currently vacant. The tenant can transform the property can transform their liking to tenant The and also vacant. currently been have tenants Previous their convenience. at patio use the outside and kitchen. trap It Conveniently and clubs. with grease is equipped restaurants desirable a Street, and East Flagler Boulevard of Biscayne corner in the located propertyThe Mover a Metro has with visibilitylocation streets. main of two Miami, in anywhere right next can take you which it, station to North or South, take the Metro, can you where Station, Government or to , and walking Park Bayfront from Across . to and also connectsyou are there where American and Market Airlines Arena, Place Bayside to distance the Metro from traffic foot and bright the year throughout multiple events property and The vacant is currently Downton. of Brickell and other areas Mover, their liking in it to area patio and use the redesign to a new tenant for it is ready in rent The Miami offer. has to of the weather take advantage to the front Miami going sixty is currently triple net . Downtown five averages Biscayne which will bring and in the area with new developments and expansion through the area influx of people to INVESTMENT OVERVIEW INVESTMENT

50 BISCAYNE BOULEVARD 10 ► ► ► ► ► minutes from Brightline Biscayne Boulevard ► ► ► ► ► High Visibility and Metro Mover right infront New Developments area inthe Five minutes from American Airlines Arena and Bayside, ten Desirable location two main between streets, & Flagler High street retail below fifty condo story

HIGHLIGHTS INVESTMENT

11 50 BISCAYNE BOULEVARD This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Any projections, opinions, assumptions or estimates used herein are for example purposes only and do not represent the current or future performance of the property. Marcus & Millichap Real Estate Investment Services is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2017 Marcus & Millichap ACT ID ZAA0390314 50 BISCAYNE BOULEVARD 50 BISCAYNE 50 BISCAYNE BOULEVARD PROPERTY DETAILS

13 2007 6,590,000 01-4137-060-5290 01-4137-060-5300 01-4137-060-5310 0.17 Acres / 7,531 sf 0.17 Acres 50 Biscayne Boulevard, Miami, Fl, 33132 Fl, Miami, Boulevard, 50 Biscayne 50 BISCAYNE BOULEVARD BISCAYNE 50 Folio Year Built Year Size Lot Price Property Address Property PROPERTY DETAILS PROPERTY

50 BISCAYNE BOULEVARD 14 15 50 BISCAYNE BOULEVARD 3,567 2,225 1,739 SQUARE FEET SQUARE FOLIO 01-4137-060-5300 01-4137-060-5310 01-4137-060-5290 UNIT CU-2 CU-3 CU-1

50 BISCAYNE BOULEVARD 16 17 50 BISCAYNE BOULEVARD 50 BISCAYNE BOULEVARD 18 19 50 BISCAYNE BOULEVARD This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Any projections, opinions, assumptions or estimates used herein are for example purposes only and do not represent the current or future performance of the property. Marcus & Millichap Real Estate Investment Services is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2017 Marcus & Millichap ACT ID ZAA0390314 50 BISCAYNE BOULEVARD 50 BISCAYNE 50 BISCAYNE BOULEVARD COMPARABLES

21 (SUBJECT) 50 Biscayne Blvd 900 Biscayne Blvd 200 Biscayne Blvd CVS the Bay on 4 3 1 2 LEASE COMPARABLES COMPARABLES LEASE

50 BISCAYNE BOULEVARD 22 $15 $23 $30 $38 $46 $53 $61 $68 $76 $0 $8 LEASE COMPARABLES Columbus Bazaar Biscayne Blvd 200 CVS Everglades on the Bay on the Avg. $63 Biscayne Blvd 900 23 50 BISCAYNEP BOULEVARD R ent/S F $75.00 Asking SF Available 2,636 SF 2,636 GLA Total 17,544 SF 1 200 Biscayne Blvd, Miami, FL, 33132 FL, Miami, Blvd, 200 Biscayne NOTES NNN 200 BISCAYNE BLVD R ent/S F $5.00 Asking SF Available 0 SF 50 BISCAYNE BLVD 50 Biscayne Blvd, Miami, FL, 33132 FL, Miami, Blvd, 50 Biscayne TENANTS GLA 7,531 SF Total Tenant YEAR BUILT: 2007 MAJOR LEASE COMPARABLES LEASE

50 BISCAYNE BOULEVARD 24 CVS 888 Biscayne Blvd, Miami, FL, 33132 NNN NOTES 50,000 SF 50,000 Total 2 GLA 9,506 SF 9,506 Available SF Asking $58.00 n/ F ent/S R NNN NOTES EVERGLADES ON THE BAY 244 Biscayne Blvd, Miami, FL, 33132 3 55,293 SF 55,293 Total GLA 10,020 SF 10,020 Available SF Asking $50.00 n/ F ent/S R 25 50 BISCAYNE BOULEVARD R ent/S F $70.00 Asking SF Available 1,800 SF GLA 2,450 SF Total 4 900 Biscayne Blvd, Miami, FL, 33132 FL, Miami, Blvd, 900 Biscayne NOTES NNN 900 BISCAYNE BLVD LEASE COMPARABLES LEASE

50 BISCAYNE BOULEVARD 26 OVERVIEW 27 50 BISCAYNE BOULEVARD . a the and than Dade with County extends Biscayne bordered cities more is islands, . of Miami- It metro, and . OVERVIEW county Monroe within The barrier slightly shores by Gardens . mile Ocean - towns by the with south entirely Beach on Miami square Ocean the Atlantic city, lies and to 400- the , Miami located 2 incorporated to is of and Miami Atlantic Hialeah 35 The populous FRIENDLY ENVIRONMENT FRIENDLY of east - city . the by million, County city the 7 most . areas from 2 includes the the followed of holds Everglades is Broward INFRASTRUCTURE GATEWAY Miami is a gateway for international trading activities and immigration,connecting to ports to the south and beyond. MEDICAL COMMUNITY The countycontains the largest concentrationof medical facilitiesin ,drawing residents needingservices throughoutthe state. BUSINESS The metrohas no local business or personalincome taxes, which businessesattracts and residents to the area. roughly County by separated of which portion is Florida Miami residents, of . Dade north unincorporated the and main 000 the METROHIGHLIGHTS to many Miami- The from County 400, population Bay largest

50 BISCAYNE BOULEVARD 28 . . . . SHARE OF 2016 TOTAL EMPLOYMENT 2016 OF SHARE Mount Sinai Medical Center Medical Sinai Mount AT&T Lines Cruise Carnival Co. Light & Power Florida - Winn Publix Supermarkets Corp. Response Precisions American Airlines Miami University of FloridaSouthBaptist Health U.S. GDP in 2017 and retail sales for the county are also rising. also are county the for sales 2017 retail inand GDP U.S. Themetropolitangrossmetro Miami productexpansion (GMP)expectedis outpace to the the economy. and employment to contributors major both are Airport International Tourismand trade depend on large a transportationsector. PortMiamiand Miami Caribbean. the and America Latin to ties with developed, has industry tourism strong A community. business local the in segments major become have entertainment Variousindustries provide a diverse economy. Trade, internationalfinance, healthcare and TRADE, TRANSPORTATION MAJOR AREA EMPLOYERS Dixie Stores Dixie MANUFACTURING AND UTILITIESAND 26 3 ECONOMY % % BUSINESS SERVICES BUSINESS PROFESSIONAL AND CONSTRUCTION 15 * Forecast * Forecast % + HEALTH SERVICES HEALTH EDUCATION AND GOVERNMENT 12 % LEISUREAND HOSPITALITY INFORMATION 12 2 % % FINANCIAL ACTIVITIESFINANCIAL OTHER SERVICES SERVICES OTHER 7 5 % % 29 50 BISCAYNE BOULEVARD SPORTS ARTS & ENTERTAINMENT ARTS . . a the easy Park % sports county vibrant a offers attractions The 65+ YEARS 15 include 2016 MEDIAN MEDIAN 2016 U.S. Median: . $54,500 National $43,900 HOUSEHOLD INCOME: also Heat offering It neighborhoods, These . professional popular . % of area Miami 64 YEARS Everglades parks friendly 27 - several 45- beaches the urban to and and and and family 2016 abundance 37.7 39.3 % U.S. Median: sites home MEDIAN AGE: MEDIAN Miami an is 44 YEARS Marlins weather culture, Zoo 28 has 25- and cosmopolitan historic a . Arts, Miami metro diverse beautiful Bowl the into % The and and 24 YEARS . olds composes 21 percent of the population. 7 2021*: - Caribbean attractions, 2016 20- Orange Growth Performing 5.6% QUALITY OF LIFE 2016- 933K the year HOUSEHOLDS: Dolphins, - vibrant the developed One a and cultural for restaurants, community to 34 % to has Miami - of and 19 YEARS 19 Capital the - 17 DEMOGRAPHICS 5 Center America home cultural array the County is shops Latin and Arsht 2021*: of 2016 to including 5% broad hosts Growth Dade - % 2016- 2.7M The homeownership percentrate of 54 belowis the nationalpercent, rate of 64 maintaininga strong rentalmarket. The cohort 20of The metro is expected to add nearly 140,000 people through 2021. During the same Duringsame the people 2021. through expected The metro is 140,000 add to nearly period, approximately households50,000 willformed,be generating demand for housing. region a POPULATION: 4 YEARS 4 6 - . . . 0 2016 Population by Population Age 2016 access The business Miami plethora has Adrienne Miami teams, * Forecast* Research Sources:Millichap Services; EconomicAnalysis; of Experian; Bureau BLS;Fortune; Marcus & Moody’s Analytics; U.S. Census Bureau

50 BISCAYNE BOULEVARD 30 31 50 BISCAYNE BOULEVARD

The Arts District is home to over 70 Art Galleries, Retail Stores, Antique Shops, Eclectic Bars, and one of the largest open-air street-art installations in the world. Taking over what used to be the ware- house and manufacturing district of Greater Miami, developers have rehabilitated neglected warehous- es, shuttered factories, and other unused buildings, transforming them into the numerous art complexes, galleries, performing art spaces, restaurants, cafes, and other creative businesses. presents sidewalks filled with boutiques, cafes, lounges, restaurants, and more. Twenty years ago, the area was just a train yard. Art and culture has made the area the heart of this neighborhood. Special instal- lations and exhibits adorn the streets in a urban meets chic, indoor-outdoor setting. Miami’s newest lifestyle and entertain- ment destination has officially arrived. The is a neighborhood north of Midtown in Miami, Florida. The Design Dis- trict is home to over 130 art gal- leries, showrooms, creative ser- vices, stores, antiques dealers, eateries and bars. The Design District isn’t just home to funky galleries and unusual art; it is also a high end shopping mecca. Stroll through luxury closet staples like Christian Louboutin, Prada, Louis Vuitton and Hermes, next to care- fully curated boutiques and home décor stores. CBD, is known as . Surrounded by Biscayne Boule- vard, , and Brickell. CBD is a dense location with over 5 million square feet of office space. In recent years this location has seen large scale high-rise residential developments and the plans keep growing. An advantage of this location is the , which is located entirely within the CBD and sees over 15,000 riders on average per day. Bricke ll City Ce ntre is a $ 1 .0 5 billion mixe d-use development spanning over 4.9 million square feet bringing luxury living, and a lif e style of a f irst class ame nity to Miami. It is strate gically locate d in the ce nte r of the Bricke ll financial district. The development includes a luxury and premium shopping center, two residential towers, a hotel with residences, and two mid-rise office towers. Brightline, is a train that connects people commuting from Miami to Fort Lauderdale, to West Palm Beach. 50 BISCAYNE BOULEVARD