OFFERING MEMORANDUM

1 0 - A C R E R E T A I L D E V E L O P M E N T S I T E F O R S A L E All materials and information received or derived from Silver Fox NNN Capital Group its directors, officers, agents, advisors, affiliates and/or any third party sources are provided without representation or warranty as to completeness , veracity, or accuracy, condition of the property, compliance or lack of compliance with applicable governmental requirements, developability or suitability, financial performance of the property, projected financial performance of the property for any party’s intended use or any and all other matters.

Neither Silver Fox NNN Capital Group its directors, officers, agents, advisors, or affiliates makes any representation or warranty, express or implied, as to accuracy or completeness of the materials or information provided, derived, or received. Materials and information from any source, whether written or verbal, that may be furnished for review are not a substitute for a party’s active conduct of its own due diligence to determine these and other matters of significance to such party. Silver Fox NNN Capital Group will not investigate or verify any such matters or conduct due diligence for a party unless otherwise agreed in writing.

EACH PARTY SHALL CONDUCT ITS OWN INDEPENDENT INVESTIGATION AND DUE DILIGENCE.

Any party contemplating or under contract or in escrow for a transaction is urged to verify all information and to conduct their own inspections and investigations including through appropriate third-party independent professionals selected by such party. All financial data should be verified by the party including by obtaining and reading applicable documents and reports and consulting appropriate independent professionals. Silver Fox NNN Capital Group makes no warranties and/or representations regarding the veracity, completeness, or relevance of any financial data or assumptions. Silver Fox NNN Capital Group does not serve as a financial advisor to any party regarding any proposed transaction.

DANIEL PERICH, CCIM All data and assumptions regarding financial performance, including that used for financial C: 570.350.3960 modeling purposes, may differ from actual data or performance. Any estimates of market [email protected] rents and/or projected rents that may be provided to a party do not necessarily mean that rents can be established at or increased to that level. Parties must evaluate any applicable contractual and governmental limitations as well as market conditions, vacancy factors and other issues in order to determine rents from or for the property. Legal questions should be discussed by the party with an attorney. Tax questions should be discussed by the party with a certified public accountant or tax attorney. Title questions should be discussed by the party with a title officer or attorney. Questions regarding the condition of the property and whether TRACEY SCOFIELD the property complies with applicable governmental requirements should be discussed by C: 570.357.7611 the party with appropriate engineers, architects, contractors, other consultants and [email protected] governmental agencies. All properties and services are marketed by Silver Fox NNN Capital Group in compliance with all applicable fair housing and equal opportunity laws.

CHRISTOPHER SCHAUER 745 Main Street C: 570.909.6333 Suite 202 Stroudsburg, PA 18360 [email protected]

Under license of Daniel M. Perich, CCIM WWW. SILVERFOX.CO PA Lic. #AB066356

Silver Fox NNN Capital Group is pleased to exclusively present on behalf of ownership the fee-simple interest in this 10-acre development site in Pocono ▪ (2) 5-acre parcels Summit, Pennsylvania. The (2) 5-acre parcels are located at the proposed lighted entrance to the planned Pocono Springs Entertainment Village - a 1.4 million square foot $450MM entertainment and dining destination opening in ▪ Proposed lighted intersection 2022 with Ripley’s Aquarium. With projected 4.5 million visitors annually, this proposed hard corner is a premier site with a projected 30,000 ADT. ▪ Projected 4.5 million visitors annually to this location

Sheetz has executed a 20-year lease for 2.5 acres, leaving the remaining 7.5 acres ideal for numerous retail uses including sit-down restaurant and ▪ 26.6 million annual visitors to the Pocono Mountains hospitality. Public water and sewer are anticipated at this location soon.

Current improvements consist of a 30,000 square foot bowling alley, which is ▪ Projected 30,000 ADT currently leased and operational. THE OFFERING

ASKING PRICE $5,500,000.00

ADDRESS 5357 Development Park Dr

CITY STATE ZIP Pocono Summit, Pa 18346

PROPERTY TYPE Land

PROPERTY SUBTYPE Retail-Pad

ZONING CI

COMBINED LOT SIZE 10.03 Acres

NUMBER OF LOTS 2

APN 19634504923555, 19634504927170

LOT FRONTAGE 380

CORNER PROPERTY Proposed

LOCATION

CURRENT TRAFFIC COUNT 18,843 ADT

PROJECTED TRAFFIC COUNT 30,000 ADT

TRAFFIC COUNT STREET SR0940

CROSS STREET Route 940

ROAD TYPE Paved

NEAREST HIGHWAY I-380

DISCLAIMER: The information contained herein is not a substitute for a thorough due diligence investigation. The Broker has not made any investigation, and makes no warranty or representation, with respect to the income or expenses for the subject property, the future projected financial performance of the property, zoning & land use, and the size and square footage of the property and improvements.

R E T A I L D E V E L O P M E N T S I T E P O C O N O S U M M I T , P A 1 8 3 4 6 R E T A I L D E V E L O P M E N T S I T E P O C O N O S U M M I T , P A 1 8 3 4 6 POPULATION 20 Miles 50 Miles 100 Miles HOUSEHOLDS & INCOME 20 Miles 50 Miles 100 Miles Total Population 260,978 252,578 20,849,027 Total Households 95,041 979,838 7,659,816 Median Age 39.9 41.1 38.2 # Of Persons Per HH 2.7 2.6 2.7 Median Age (Male) 38.6 39.7 36.9 Average HH Income $67,787 $68,967 $84,266 Median Age (Female) 40.9 42.4 39.5 Average House Value $227,540 $253,285 $355,814

The Pocono Mountains, which currently has 27.9 million visitors each year, is approximately 2 hours from Philadelphia, Harrisburg or Trenton and 1.5 hours from New York City. Travel spending exceeds $3.3 billion annually of which 19% is on food and beverage. The Poconos features more than 30 golf courses, 4 indoor waterparks, abundant shopping centers and various seasonal recreational activities. Other major area developments include the 130,000 square foot expansion of Kalahari Resort’s convention center, and the newly built Harley Davidson dealership. Nearby area attractions include The Crossings Premium Outlets, Cambelback Ski Resort and Waterpark, Great Wolf Lodge and Mt. Airy Casino Resort.

The four-county region is famous for its resorts, natural scenic beauty, 150 lakes including Lake Wallenpaupack, and quaint, historic towns. The varied landscape inspires a range of experiences, from the private and peaceful to the bold and exhilarating. Cottages & condos and hotels promote restful mountain moments while waterparks and adventure courses, offer excitement around every turn. Stay, explore, and discover the Pocono Mountains. To learn more about the Poconos watch the Pocono Television Network online anytime.

R E T A I L D E V E L O P M E N T S I T E P O C O N O S U M M I T , P A 1 8 3 4 6 37.2% of all workers in the Pocono Mountains are employed within the tourism industry, making the Pocono Mountains the most “tourism- dependent” region of the 11 regions in the commonwealth

Florida

New Jersey

New York

$3.5 Billion + in Travel Spending 26.6 Million Visitors Per Year ▪ Lodging $504.0 Million ▪ 64% 17.1 million are day trippers Pennsylvania ▪ Recreation $668.5 Million ▪ 36%, 9.5 million are overnight trips ▪ Retail $616.0 Million ▪ 95% Leisure ▪ Food $721.0 Million ▪ 3% Business ▪ Transportation $990.5 Million ▪ 2% Business/Leisure

R E T A I L D E V E L O P M E N T S I T E P O C O N O S U M M I T , P A 1 8 3 4 6

2.8 MILES FROM SUBJECT 0.75 MILE FROM SUBJECT Lakes 150 Pocono Manor Resort & Spa is currently in the process of rebuilding brand a rebuilding of process the in currently is Spa & Resort Manor Pocono more. much and staff, attentive an service, personalized highly space, meeting flexible amenities, and facilities outdoor experience resort mountain true a with guests provide to takes it everything know and 1902 since guests welcoming been have We Places. Historic of Registry National the on designation Spa: & Resort Manor Pocono . exact be to ft sq 205,000 Center Convention our of size the doubling than more We’re roof. one under more much so and experience), VR ultimate (an Arena The Center, Entertainment full a discover You'll charms. Kalahari's of beginning the just are suites and rooms spacious and fixtures imported restaurants, Themed year. a days 365 day, all splash to able be you'll roof, retractable a featuring Conventions: & Resorts Kalahari | 170 River Miles Miles River 170 — comfortable accommodations, great meals, a great variety of indoor and indoor of variety great a meals, great accommodations, comfortable | 9 State Parks Parks State 9 Pocono Manor Resort & Spa has earned a coveted a earned has Spa & Resort Manor Pocono With 220,000 square feet of wet and wild indoor fun indoor wild and wet of feet square 220,000 With | 126 Hiking Trails Trails Hiking 126 - service spa, fitness center, retail shops, Family shops, retail center, fitness spa, service | 30 Golf Courses Courses Golf 30 – for a total of total a for | 4 Indoor Waterparks Indoor 4 - new facility. new R E T A I L D E V E L O P M E N T S I T E I T S T N E M P O L E V E D I L A T E R

5.5 MILES FROM SUBJECT 7.7 MILES FROM SUBJECT 9.4 MILES FROM SUBJECT Summit House atop Camelback Mountain Camelback atop House Summit restaurants great and facilities spa the about forget Don’t three a tag, laser indoor arcade, year for topia 125,000 a is Aquatopia more! and surfing Rider Flow pools, swimming gravity experience can you where Waterpark, Indoor Aquatopia is Lodge Camelback to Connected Lodge. Camelback at 14 or four of family your for option perfect the find you'll from, choose to layouts unique Waterpark: Indoor Aquatopia & Lodge Camelback of the best in the area. the in best the of one as diners OpenTable by awarded been have restaurants Our Pennsylvania. Northern in slots hottest the of 1,800 over and Baccarat and roulette craps, blackjack, from ranging games, table 70 Over fun. 24/7 and games table Slots, night. every entertainment and options dining of variety a golf, of holes 18 nature, to proximity close spa, the at day A offer. to has resort our all enjoy and Resort Casino Airy Mount at room hotel your Book Resort: Casino Airy Mount non and lines shorter for 84 at warm kept park water 79,000 the to access includes stay Your roof. one under all more and service, down kid the Enjoy family. dry and fun waterpark indoor offers resort PA Scotrun, Lodge: Wolf Great - round waterpark excitement. Camelback Lodge also features mega a features also Lodge Camelback excitement. waterpark round Escape the weather and stay at Great Wolf Lodge Poconos! Our Poconos! Lodge Wolf Great at stay and weather the Escape - friendly activities, a range of dining options, an adult an options, dining of range a activities, friendly - stop fun. Book now and start your adventure today. adventure your start and now Book fun. stop Your getaway destination in the Poconos mountains awaits! mountains Poconos the in destination getaway Your - degrees year degrees P O C O N O S U M M I T , P A 1 8 3 4 6 4 3 8 1 A P , T I M M U S O N O O C P - story ropes course and rock climbing for hours of fun. of hours for climbing rock and course ropes story - defying, heart defying, - — round. Access is always exclusive to our guests our to exclusive always is Access round. because every adventure needs an oasis! an needs adventure every because - pounding, smile pounding, With 453 spacious suites and 24 and suites spacious 453 With - land adventures for the entire the for adventures land — including the new Kartrite's new the including - inducing water rides, water inducing - square - friendly wine friendly - foot foot water - - sq. ft. sq. - Nestled in the Pocono Mountains, the getaway playground for the Northeast and Mid-Atlantic, Pocono

Springs will be an unrivaled entertainment, dining and retail destination. With an open-air format and repurposed historic architecture with a contemporary flair, it will draw patrons from surrounding resorts and attractions, including the adjacent Kalahari resort and convention center. Drawing inspiration from the

Pocono’s historic towns and natural beauty, Pocono Springs will include several outdoor-themed neighborhoods interconnected by a flowing spring and signature fountain – an engaging and thriving place for locals and visitors to enjoy life at the top.

Daniel M. Perich, CCIM is the Managing Director and Associate Broker of KW Commercial in Stroudsburg, PA. He has been a licensed commercial real estate agent since 1998 and received his broker license in 2007. He originally started with Coldwell Banker Commercial then moved to Michael Baxter & Associates where he was the top producing agent several years running. The move to KW Commercial in 2014 offered him more flexibility and leadership opportunities within a nationally recognized company. Dan specializes in investment sales and analysis. Using his knowledge and expertise in the commercial real estate field, he assists clients and customers in achieving their financial goals and building wealth through investing in real estate. Utilizing his bachelor’s in education degree from Mansfield University (1990) and keeping with his roots as a previous schoolteacher at Pocono Mountain, Dan offers mentorship training for junior agents as well as hosts a commercial real estate course at the Pocono Real Estate Academy. In 2003, Dan earned the highly respected Certified Commercial Investment Member (CCIM) designation, which is considered the PhD of the commercial and investment real estate industry. CCIM has a network of over 25,000 designees worldwide. He is also a member of the International Council of Shopping Centers (ICSC) which is a 70,000-member network that ensures the retail real estate industry is broadly recognized for the integral role it plays in the social, civic and economic vibrancy of communities across the globe. As a member of the National Association of REALTORs, Pocono Mountain Association of REALTORs, and Greater Valley Association of REALTORs, Dan is proudly bound by the NAR Code of Ethics and the laws and regulations of Pennsylvania Real Estate Commission. Integrity and honesty are values he gladly upholds. Dan is also on the Board of Directors for the Pocono Chamber of Commerce and a member of the Kiwanis of the Stroudsburgs. His volunteer work includes the annual American Red Cross Red for Red Marathon, Patrolman for the Mount Pocono Municipal Authority and being a sponsor/head coach for Little League Baseball. Dan is a former member of the Stroud Township Zoning Hearing Board and former Assistant Coach Daniel Perich to Pocono Mountain Varsity Basketball. Owner/Broker In addition to his Pennsylvania real estate license, he is also a licensed real estate broker in Pennsylvania under KW Commercial, The Daniel Perich Group. 745 Main Street, Suite 202 Stroudsburg, PA 18360 O 570-534-0295 C 570-350-3960 Certified Commercial Investment Member (CCIM) International Council of Shopping Centers (ICSC) [email protected] National Association of REALTORS Pocono Mountain Association of REALTORS Greater Valley Association of REALTORS Greater Pocono Chamber of Commerce Board of Directors Kiwanis of the Stroudsburg Tracey has worked as a licensed real estate agent since 2000. His link with clients seeking to divest, roll over, or acquire to their portfolio, have provided Tracey with a solid background in all aspects of Net Lease Investment. Currently, Tracey is also working toward his CCIM Designation.

National Association of REALTORS Pocono Mountain Association of REALTORS Kiwanis of the Stroudsburg

Montclair State University, County College of Morris Tracey Scofield Senior Investment Advisor 745 Main Street, Suite 202 Stroudsburg, PA 18360 O 570-534-0295 C 570-357-7611 [email protected] Christopher C. Schauer earned his AS in Computer Science in 1983 from Pierce College. He has gained over 25 years of experience in the business environment, holding positions from consultant to director to vice president. Being responsible for information technology of a $60MM/year company, he offers excellent problem-solving skills and unique win-win resolutions for both clients and customers.

Pierce College

Christopher Schauer Senior Investment Analyst 745 Main Street, Suite 202 Stroudsburg, PA 18360 O 570-534-0295 C 570-909-6333 [email protected] 1 0 – A C R E R E T A I L D E V E L O P M E N T S I T E

DANIEL PERICH, CCIM C: 570.350.3960 [email protected]

TRACEY SCOFIELD C: 570.357.7611 [email protected]

CHRISTOPHER SCHAUER C: 570.909.6333 [email protected]

In association with Daniel M. Perich, CCIM PA Lic. #AB066356