Offering Memorandum LAND INVESTMENT - HOMESTEAD AREA – 10 ACRES FRONTAGE ON: SW 122 AVENUE • MIAMI, FL 33035 NON-ENDORSEMENT AND DISCLAIMER NOTICE Confidentiality and Disclaimer The information contained in the following Marketing Brochure is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from Marcus & Millichap Real Estate Investment Services of Florida, Inc. ("Marcus & Millichap") and should not be made available to any other person or entity without the written consent of Marcus & Millichap. This Marketing Brochure has been prepared to provide summary, unverified information to prospective purchasers, and to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation. Marcus & Millichap 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, the size and square footage of the property and improvements, the presence or absence of contaminating substances, PCB's or asbestos, the compliance with State and Federal regulations, the physical condition of the improvements thereon, or the financial condition or business prospects of any tenant, or any tenant's plans or intentions to continue its occupancy of the subject property. The information contained in this Marketing Brochure has been obtained from sources we believe to be reliable; however, Marcus & Millichap has not verified, and will not verify, any of the information contained herein, nor has Marcus & Millichap conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All potential buyers must take appropriate measures to verify all of the information set forth herein. Marcus & Millichap is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2018 Marcus & Millichap. All rights reserved. Non-Endorsement Notice 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. DORALHOMESTEAD AREA - AREA LAND - INVESTMENT-LAND INVESTMENT- 1 ACRE 10 ACRES MIAMI, FL ACT ID ZAB0390575ZAB0390579 Ryan Nee Florida Broker of Record License: FL BK3154667 954.245.3400 2 LAND INVESTMENT - HOMESTEAD AREA – 10 ACRES OVERVIEW 3 LAND INVESTMENT - HOMESTEAD AREA – 10 ACRES OFFERING SUMMARY INVESTMENT OVERVIEW Marcus & Millichap is proud to present 10 ACRES of VACANT LAND located next to the prime City of Homestead in Miami-Dade County, Florida, near significant new Commercial & Industrial development (Homestead Park of Commerce / Southend Industrial Park) and development both North and South along the Turnpike, including Homestead Hospital (Baptist Health), Homestead-Miami Speedway, Home Depot, Walmart, Frito Lay, Goodman Distribution. Significant coming development: Upgraded South-Dade Transitway, 1.5 million sq. ft. leasable area in Southend Industrial Park (at completion), Homestead Station Shopping Center and Larkin Hospital Medical Campus ($65M on 40 Acres) The Property, 10 ACRES, is a Vacant Land Investment at a low price of $.30 per sq. ft. currently zoned Agricultural (excellent for tree farming and other like uses) located slightly outside the Miami-Dade County Urban Development Boundary line (UDB). Periodically, the UDB is moved to include additional land as the current inventory for development declines, allowing for highest and best use zoning transformation, the basis of significant price appreciation. INVESTMENT HIGHLIGHTS • Easy access to US 1 / Turnpike / South-Dade Transitway • Retail, Restaurants & Walmart • Homestead Park of Commerce • Homestead-Miami Speedway • Larkin Hospital future $65,000,000 medical campus • Highest Projected Growth Rate in Miami-Dade County… 50% Increase Population and 65% Increase Employment • Zoned Agricultural (AU): interim use - tree farming… 4 LAND INVESTMENT - HOMESTEAD AREA – 10 ACRES AERIAL PHOTO – CLOSE-UP SW 122 AVE 5 LAND INVESTMENT - HOMESTEAD AREA – 10 ACRES TREE FARM TREE FARM SUBJECT PROPERTY (10 ACRES) SW 122 AVE TREE FARM 6 LAND INVESTMENT - HOMESTEAD AREA – 10 ACRES OFFERING SUMMARY THE OFFERING Land Price $127,500.00 Land Price / SF $0.30 Development Type Land Land Size / SF 425,581.2 Zoning / Folio Number 30-7924-001-0027 Agriculture Land Size / Acre 9.77 Property Tax $1,135.59 7 LAND INVESTMENT - HOMESTEAD AREA – 10 ACRES ECONOMIC DRIVERS 8 LAND INVESTMENT - HOMESTEAD AREA – 10 ACRES HOMESTEAD STATION Homestead Sta`on, completed in October of 2019, is a mixed use entertainment and community center in Homestead, Florida. The project includes a ShowBiz Cinemas, retail space, a public parking garage that serves the City of Homestead Park-N-Ride, and the world's first Cybrarium, a technology-driven public library, educa`on, and entertainment complex. 30,800 square feet retail 65,000 square foot ShowBiz Cinemas 49,000 square foot Cybrarium 1,200 space, 7 story parking garage 9 LAND INVESTMENT - HOMESTEAD AREA – 10 ACRES HOMESTEAD PAVILION 10 LAND INVESTMENT - HOMESTEAD AREA – 10 ACRES SOUTHEND INDUSTRIAL PARK 32,950 SQ FT BUILT, 1.5 Million sq ft at buildout on 117 acres, 7.7% population growth by 2023 11 LAND INVESTMENT - HOMESTEAD AREA – 10 ACRES AMAZON FULFILLMENT CENTER 12 LAND INVESTMENT - HOMESTEAD AREA – 10 ACRES HOMESTEAD HOSPITAL - BAPTIST HEALTH 13 LAND INVESTMENT - HOMESTEAD AREA – 10 ACRES HOMESTEAD-MIAMI SPEEDWAY Homestead-Miami Speedway Home of NASCAR Championships 14 LAND INVESTMENT - HOMESTEAD AREA – 10 ACRES SOUTH DADE TRANSITWAY 15 LAND INVESTMENT - HOMESTEAD AREA – 10 ACRES SOUTHERN PORTION OF MIAMI-DADE COUNTY PROJECTED SOUTH DADE TRANSITWAY TO HAVE “HIGHEST GROWTH RATE IN THE COUNTY” South Dade Transitway The South Dade Transitway (formerly known as South Link) is a 20-mile exclusive busway that operates local and limited stop Metrobus service between the Dadeland South Metrorail Station and Florida City. There are currently 30 Metrobus stations and six Park-and-Ride facilities along this corridor. Recent projections indicate that the southern portion of Miami-Dade County will experience approximately 50 percent increase in population and 65 percent increase in employment by 2040, which represents the highest growth rate in the County. Communities in this area are growing, and as a result, will experience an increasing demand for transportation infrastructure and services. In addition to assessing the overall costs and benefits of different service options, passenger amenities will be evaluated as a part of the corridor development process. These potential improvements will help increase the system’s reliability, decrease transit travel time, and enhance the overall ridership experience 16 LAND INVESTMENT - HOMESTEAD AREA – 10 ACRES SPECIAL COVID-19 NOTICE SPECIAL COVID-19 NOTICE All potential buyers are strongly advised to take advantage of their opportunities and obligations to conduct thorough due diligence and seek expert opinions as they may deem necessary, especially given the unpredictable changes resulting from the continuing COVID-19 pandemic. Marcus & Millichap has not been retained to perform, and cannot conduct, due diligence on behalf of any prospective purchaser. Marcus & Millichap’s principal expertise is in marketing investment properties and acting as intermediaries between buyers and sellers. Marcus & Millichap and its investment professionals cannot and will not act as lawyers, accountants, contractors, or engineers. All potential buyers are admonished and advised to engage other professionals on legal issues, tax, regulatory, financial, and accounting matters, and for questions involving the property’s physical condition or financial outlook. Projections and pro forma financial statements are not guarantees and, given the potential volatility created by COVID-19, all potential buyers should be comfortable with and rely solely on their own projections, analyses, and decision-making.) 17.