chipotle, pei wei & zoes kitchen top retail node in orlando

offered as part of a portfolio: click here for portfolio package

TROPHY NEW CONSTRUCTION STRIP CENTER PAD TO SUPER TARGET, corporately backed leases [ www.CapitalPacific.com ] 4750 Millenia Plaza Way, Orlando, FL 32839 Click for Map nt hi Trophy new construction strip center featuring three me ghl corporate restaurants in the premier retail trade area of st ig e h v t the ORLANDO MSA n s The subject property is located in a high-growth submarket i of Orlando, FL, the third largest metro area in the United PRICE: $7,270,000 States . The property is just six miles from downtown Orlando CAP: 5.75% and in close proximity to many of the area’s premier tourist destinations .

Rentable SF...... 8,200 SF An outparcel to a Super Target anchored center, Millenia Plaza Current Rent...... $51 .60/SF is located in the heart of a robust retail node . The center is just Lot size...... 1 .36 AC north of the Mall at Millenia, the #1 mall in the State of and one of the strongest-performing malls in the country . year built ...... 2016 In addition to the subject property, the center includes a two- tenant retail building and a freestanding Verizon . Each lease for the center is corporately backed and all three buildings mall at millenia: top 10 mall in us are being offered for sale individually or as a portfolio . Please sales volume psf: $1,360 click here for the portfolio offering memorandum.

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. Buyer must verify the information and bears all risk for any inaccuracies. Listing Team Contact Info chris kostanecki zeb ripple ck@capitalpacific .com | (415) 274-2701 zripple@capitalpacific .com | (415) 274-2702 CA BRE# 01002010 CA BRE# 01242540

chris peters jack navarra cpeters@capitalpacific .com | (415) 274-2703 jnavarra@capitalpacific .com | (415) 274-2705 CA BRE# 01339983 CA BRE# 01909630

Listed in conjunction with FL Licensed Broker: Capital Pacific collaborates . Andrew T . Knight | New England Commercial Brokerage Click Here to meet the rest of Andrew@NECBrokerage .com | (860) 648-1600 our San Francisco team .

chipotle, pei wei & zoes kitchen | 2 core characteristics The subject property is a 100% occupied, freestanding building and STRONG DEMOGRAPHICS boasts an impressive lineup of national restaurant tenants, all of which are Millenia Plaza is well located in an affluent, densely populated suburb of on long-term, corporately backed leases . This offering represents the rare Orlando . The subject property boasts impressive demographics of 243,00 opportunity for an investor to acquire an asset with the combination of people in a five mile radius with average household incomes in excess of strong credit, long-term leases, and attractive rent increases . $58,000 Lease Highlights EXCELLENT RETAIL MARKET • All tenants feature 10-year net leases The subject property is situated in the center of a booming retail trade area . • 10% increases every 5 years in primary term and options Immediately to the south of Millenia Plaza is the Mall at Millenia, the #1 • All leases are either signed by corporate tenants or feature a corporate mall in the state of Florida (anchored by Neiman Marcus, Bloomingdale’s, guaranty and Macy’s) . Other high-end tenants in the mall include Chanel, Gucci, Prada, Louis Vuitton, Tiffany & Co, Burberry, and Jimmy Choo . The Mall at PROMINENT, HIGH VISIBILITY LOCATION Millenia draws from a trade area of 1 .5 million people with a potential for The subject property is situated at the gateway to Millenia Plaza . The retail expenditures north of $5 billion . property benefits from excellent visibility along Millenia Blvd and has dedicated access from the signalized entrance to the larger center . The ORLANDO LOCAL ECONOMY property stands to benefit from recent development in the area, which Orlando is the 3rd largest metro area and one of the most popular tourist will further enhance traffic . The trade area can be accessed by destinations in the US . The Orlando area averages more than 62 million (165,000 ADT), a primary highway that also provides access to the area’s visitors who contribute $33 billion to the local economy each year . In many tourist destinations . addition to tourism, Orlando features a booming technology sector . With an impressive 53,000 employees, Orlando’s $13 .4 billion tech industry makes it one of the fastest-growing job markets in the country . The Orlando economy is also expecting a big boost from the life science sector . The 100% occupied with an impressive lineup of area’s new life science development, Medical City, will consist of 650 acres and create 30,000 jobs . The development’s impact on the local economy national retailers on long-term leases is estimated at $7 .6 billion over the next decade .

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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. Buyer must verify the information and bears all risk for any inaccuracies. zoomed-out aerial Millenia plaza is situated in the epicenter of orlando’s top retail node

Dr. Phillips High School

4 400 urnpike Conroy Road 482 Orlando International Premium Outlets Florida’s T

International Drive Value Center 435 435 S Kirkman Road Eagle’s Nest Elementary Millenia Plaza 161,000 DAILY

Artegon Marketplace 4 400 SHINGLE CREEK GOLF CLUB Millenia Plaza The Mall at Millenia

Eccleston Elementary Martin A ndersen B eachline E xpressway 528 Sand Lake Road Millenia Plaza Way oung 482 S JohnParkway Y Road Conroy Sand Lake Corners S John Y Parkwayoung urnpike Millenia Shopping Center

Florida’s T 4 400

482 city center 528 chipotle, pei wei & zoes kitchen | 4

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. Buyer must verify the information and bears all risk for any inaccuracies. zoomed-in aerial Located just north of the top-performing mall in Florida

161,000 DAILY The Mall at Millenia city center 4 Shingle Conroy Road Creek Elementary 400

Millenia Boulevard

10,000 DAILY

Vineland Road

Millenia Plaza Way

Millenia Shopping Center 4 400 Conroy Road Millenia B oulevard

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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. Buyer must verify the information and bears all risk for any inaccuracies. income & expense

Current Price: $7,270,000 Capitalization Rate: 5.75% Price Per Square Foot: $886.59 Total Leased (SF): 100% 8,200 Total Vacant (SF): 0 .00% 0 Total Rentable Area (SF): 100% 8,200 INCOME Per Square Foot Scheduled Rent* $51 .60 $423,100 EFFECTIVE GROSS INCOME $423,100

EXPENSE CapEx Reserves ($0 .10) ($820) Management Fee (1 .0%) ($0 .52) ($4,231) Utility Expenses NNN Insurance NNN Property Taxes NNN TOTAL OPERATING EXPENSES ($0.62) ($5,051)

NET OPERATING INCOME $418,049

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. Buyer must verify the information and bears all risk for any inaccuracies.

chipotle, pei wei & zoes kitchen | 6 rent roll

TENANT INFO LEASE TERMS RENT SUMMARY Monthly Tenant Sq. Ft. Unit Term Annual Rent Rent/FT Rent Zoe’s Kitchen 2,800 Pad B 1 5 $11,433 $137,200 $49 .00 6 10 $12,577 $150,920 $53 .90 Option 1 11 15 $13,834 $166,012 $59 .29 Option 2 16 20 $15,218 $182,616 $65 .22 Option 3 21 25 $16,739 $200,872 $71 .74 Pei Wei 3,000 Pad B 1 5 $12,625 $151,500 $50 .50 6 10 $13,888 $166,650 $55 .55 Option 1 11 15 $15,278 $183,330 $61 .11 Option 2 16 20 $16,805 $201,660 $67 .22 Chipotle 2,400 Pad B 1 5 $11,200 $134,400 $56 .00 6 10 $12,320 $147,840 $61 .60 Option 1 11 15 $13,552 $162,624 $67 .76 Option 2 16 20 $14,908 $178,896 $74 .54 Option 3 21 25 $16,398 $196,776 $81 .99 Option 4 26 30 $18,038 $216,456 $90 .19

Occupied 8,200 100% $35,258 $423,100 $51.60 Vacant 0 0% Current Totals: 8,200 100%

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. Buyer must verify the information and bears all risk for any inaccuracies.

chipotle, pei wei & zoes kitchen | 7 millenia plaza lots 1 & 3

offered as part of a portfolio. click here for portfolio package

chipotle, pei wei & zoes kitchen | 8 The three outparcels of Millenia Plaza are being offered individually site plan as well as a portfolio. Please click here for portfolio package

Site Plan Key

M I L Parcel outline: L E N Land Area: 1 36. AC IA P L A Z Building Area: 8,200 sf A W A Ingress/Egress: Y

NOT Y A PART DAIL

10,000

D R A V E L U O B

A I

N E L L I

M

This site plan is a rendering that has been created based on sources we believe to be reliable, however we make no representations or warranties, expressed or implied, as to the accuracy of the rendering. Buyer must verify the information and bears all risk for any inaccuracies. chipotle, pei wei & zoes kitchen | 9 surrounding retail

Mall at Millenia – Top 10 Mall in the US Trade Area ConsistING of 1.5 Million People WITH Potential Expenditure of $5 Billion

chipotle, pei wei & zoes kitchen | 10 surrounding retail

Located at epicenter of Orlando’s premier retail trade area

chipotle, pei wei & zoes kitchen | 11 surrounding retail

Millenia plaza

chipotle, pei wei & zoes kitchen | 12 surrounding retail

Millenia plaza

chipotle, pei wei & zoes kitchen | 13 tenants zoes kitchen pei wei asian diner chipotle Zoës Kitchen (NYSE: ZOES), headquarted in Plano, Pei Wei is an American restaurant chain with Chipotle was ranked #20 on Forbes list of the TX, has 171 locations across 17 states serving 190 locations in the U .S . and five international World’s Most Innovative Companies in 2014 . Mediterranean inspired comfort food with made- locations . The menu offers different items and the The company has over 1,724 locations, with from-scratch recipes using fresh ingredients . atmosphere offers a different experience than restaurants in 43 states, the District of Columbia, Their menu includes a variety of chicken salad, P .F . Chang’s, the parent company, by featuring Canada, England, Germany and France . Chipotle pasta salad, pita, and grilled chicken sandwiches . counter service where customers order from a restaurants are company-owned rather than cashier, and the food is brought out to the table . At Zoës, customers can dine in, order online or franchised, and they have over 45,340 employees . call ahead for takeout; purchase a variety of fully The restaurant chain was created in 2000 by P . Chipotle went public on the New York Stock prepared Mediterranean Family Meals; pick up F . Chang’s China Bistro to compete in the fast- Exchange in 2006, and the stock rose exactly side dishes by the pint; and take advantage of growing fast casual restaurant segment while P . 100% on the first day, resulting in the best U .S .- the extensive catering menu, which includes box F . Chang’s remained in the full-service restaurant based IPO in six years, and the second-best IPO lunches, party trays and meals for large groups segment . The first location was opened in for a restaurant after Boston Market . In 2015, that can be delivered locally . Scottsdale in 2000 . By 2010, the company had the net income was $475 .6 million and the total 168 locations, mostly in California, Texas, Arizona revenue was $4 .50 billion a 6 .8% and 9% increase and Florida, and a growing presence in the from 2014 respectively . Northeast and Midwest .

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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. Buyer must verify the information and bears all risk for any inaccuracies. zoes kitchen, pei wei & chipotle location demographics & map 35,279 zoes kitchen, DAILY pei wei & chipotle

10,000 DAILY Population DAILY MILLENIA BLVD 1-Mile 3-Mile 5-Mile 2010 9,080 109,521 228,207 161,000 2015 10,448 120,890 249,194 2021 11,560 132,382 271,175

2016 Household incomes

1-Mile 3-Mile 5-Mile regional map Average $48,892 $45,049 $58,710 Median $39,084 $34,339 $39,512

Top Employers in orlando, fl

Walt Disney World Resort Orange County Public Schools State of Florida Government downtown Adventist Health System orlando Florida Hospital Walmart Stores Inc . 13 MIN Orlando Regional Healthcare System 6 MILES Universal Studios Orlando

chipotle, pei wei & zoes kitchen | 15 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. Buyer must verify the information and bears all risk for any inaccuracies. orlando, fl

local developments: Orlando is the center of the Orlando metropolitan area . With a population of 2 .3 million people, the MSA is the 24th largest metropolitan area in the country, the sixth largest in the Crescent Communities, a leading Southern states, and the third largest in Florida . developer in Orlando for 20+ years, The city is known as the “Theme Park Capital of the World,” drawing more than 62 million announced their purchase of a 4 .6 visitors to its tourist attractions in 2014 . Walt Disney World, located approximately 21 miles acre site slated for a walkable mixed- southwest of Downtown Orlando in Bay Lake, is the backbone of the tourist industry . The use development in downtown Universal Orlando Resort, SeaWorld, Gatorland, and Wet ‘n Wild are also major attractions . Orlando in December 2016 .

In addition, Orlando is known as a industrial and high-tech center . The metro area has a $13 .4 Earth Fare will anchor the project billion technology industry employing 53,000 people, and is a nationally recognized cluster and provide Downtown Orlando of innovation in digital media, agricultural technology, aviation, aerospace, and software with its first organic grocery store . design . More than 150 international companies, representing approximately 20 countries, The development also includes a six- have facilities in Metro Orlando . story luxury community featuring Orlando also has the seventh largest research park in the country, Research 375 apartment residences and 7,000 Park . At over 1,025 acres, the research park is home to over 120 companies, employs more square feet of additional restaurant than 8,500 people, and is the hub of the nation’s military simulation and training programs . and retail space .

Orlando continues to grow, and recent projects include a November 2014 $207 million reconstruction project for renovations to the Citrus Bowl Stadium (65,000+ capacity), which is positioned to host NFL and NCAA football games . Additionally, the development of the 650-acre Medical City and Lake Nona life sciences cluster will create 30,000 jobs and have a $7 .6 billion impact within the next decade . All Aboard Florida (2016) is an intercity passenger rail system connecting Miami to Orlando .

[ downtown orlando ] chipotle, pei wei & zoes kitchen | 16

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. Buyer must verify the information and bears all risk for any inaccuracies. A unique HUMAN The capital pacific experience - our daily commitment to our clients RESULTS-DRIVEN client experience [ www.CapitalPacific.com ]

Chris Kostanecki zeb ripple Capital Pacific collaborates . Click Here to ck@capitalpacific .com | (415) 274-2701 zripple@capitalpacific .com | (415) 274-2702 meet the rest of our San Francisco team . CA BRE# 01002010 CA BRE# 01242540 john andreini dave lucas chris peters jack navarra joe caccamo rick sanner cpeters@capitalpacific .com | (415) 274-2703 jnavarra@capitalpacific .com | (415) 274-2705 zandy smith gregg steele CA BRE# 01339983 CA BRE# 01909630 karla zens aaron susman

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