FOR LEASE | RETAIL KENT ISLAND PARK SHOPPING CENTER 1205 Shopping Center Rd | Stevensville, MD 21666

PRESENTED BY: PROPERTY HIGHLIGHTS RICK TILGHMAN, CCIM, CPM Director Of Property Management 410.543.2440 2,500 - 20,000 S/F Available [email protected] Located on U.S. Route 50 ROBERT H. GREENLEE Managing Director Trafficolume V of over 75,000 Cars Per Day 443.390.2600 X102 [email protected] MD #510675 JOHN FOSTER Advisor 443.390.2600 X106 [email protected]

All SVN® Offices Independently Owned & Operated. The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.

The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness. EXECUTIVE SUMMARY KENT ISLAND PARK SHOPPING CENTER | 46,000 SF | STEVENSVILLE, MD

Executive Summary

LEASE OVERVIEW PROPERTY DESCRIPTION Neighborhood Center fronting U.S. Route 50 AVAILABLE SF: 2,500 - 20,000 SF

$8.00 - 15.00 SF/Yr LEASE RATE: (NNN)

LOT SIZE: 4.63 Acres

BUILDING SIZE: 46,000 SF

1954, Completely YEAR BUILT: Renovated In 2002

ZONING: Commercial

MARKET: Kent Island

SUB MARKET: Eastern Shore Of MD

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Property Description

PROPERTY OVERVIEW Neighborhood Center with frontage on the north side of U.S. Route 50. Now under new ownership and new management, currently re-imagining the center, updating the tenant mix and investing in all facilities.

LOCATION HIGHLIGHTS U.S. Route 50 frontage just east of the Bridge between Stevensville and Chester. Adjacent to the new Cult Classic Brewing Company and across the street from The Four Seasons at Kent Island - a 562-acre, 1079-home resort community delivering its first homes in Fall 2018.

TRAFFIC COUNT & ACCESS Traffic Volume of over 75,000 Cars Per Day. This center is the only one on the north (west bound) side of the highway, and the only one on Kent Island with direct access.

OPPORTUNITY Multiple spaces can be reconfigured and consolidated into a 20,000 square foot block of contiguous space, with end cap. With a new town center on one side and the busy beach highway on the other, tenants will have two "fronts" and can double their impact.

VISIBILITY & SIGNAGE Pylon signage available. Building signage available on front facing US Route 50 and rear facing MD Route 18.

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Available Spaces

Lease Rate: $8.00 - 15.00 SF/YR (NNN) Total Space 2,500 - 20,000 + SF

Lease Type: NNN Lease Term:

SPACE SPACE USE LEASE RATE LEASE TYPE SIZE (SF) TERM COMMENTS 1209 Neighborhood Center $8.00 - 15.00 SF/YR NNN 2,500 SF Negotiable

1203 Neighborhood Center $8.00 - 15.00 SF/YR NNN 3,250 SF Negotiable

1227 Neighborhood Center $8.00 - 15.00 SF/YR NNN 2,500 SF Negotiable

1243 Neighborhood Center $8.00 - 15.00 SF/YR NNN 3,000 SF Negotiable 1205 Neighborhood Center $8.00 - 15.00 SF/YR NNN 12,000 SF Negotiable

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Additional Photos

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Retailer Map

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Regional Map

1205 Shopping Center Rd

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Location Maps

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Site Overview

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Demographics Map

POPULATION 1 MILE 5 MILES 10 MILES TOTAL POPULATION 1,198 11,032 23,223 MEDIAN AGE 39.1 39.6 41.7 MEDIAN AGE (MALE) 37.3 38.5 41.6 MEDIAN AGE (FEMALE) 39.6 40.1 41.6

HOUSEHOLDS & INCOME 1 MILE 5 MILES 10 MILES TOTAL HOUSEHOLDS 438 4,034 8,730 # OF PERSONS PER HH 2.7 2.7 2.7 AVERAGE HH INCOME $89,140 $89,746 $102,817 AVERAGE HOUSE VALUE $448,708 $447,534 $488,207

All SVN® Offices Independently Owned & Operated. The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness. 10 DEMOGRAPHICS MAP KENT ISLAND PARK SHOPPING CENTER | 46,000 SF | STEVENSVILLE, MD

Demographics Map

POPULATION 3 MILE 5 MILES 10 MILES TOTAL POPULATION 1,198 11,032 23,223 MEDIAN AGE 39.1 39.6 41.7 MEDIAN AGE (MALE) 37.3 38.5 41.6 MEDIAN AGE (FEMALE) 39.6 40.1 41.6

HOUSEHOLDS & INCOME 3 MILE 5 MILES 10 MILES TOTAL HOUSEHOLDS 438 4,034 8,730 # OF PERSONS PER HH 2.7 2.7 2.7 AVERAGE HH INCOME $89,140 $89,746 $102,817 AVERAGE HOUSE VALUE $448,708 $447,534 $488,207

All SVN® Offices Independently Owned & Operated. The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness. 11 KENT ISLAND PARK SHOPPING CENTER | 46,000 SF | STEVENSVILLE, MD

Advisor Bio

Rick Tilghman, CCIM, CPM Director of Property Management SVN | Miller Commercial Real Estate

Rick Tilghman, CCIM serves as Director of Property Management for SVN/Miller Commercial Real Estate specializing in the asset management of commerical properites; Retail, Office, Industrial, Multi-Family and Condo Associations. Tilghman also serves as a Senior Advisor specializing in the sales and leasing of commercial properties. Since starting his Commercial Real Estate career in 2005, Tilghman has been involved in over 300 commercial real estate transactions.

Prior to joining SVN, Tilghman served as a sales manager for Carmax Laurel Toyota where he increased sales volume by 1,200 cars per month. Tilghman was responsible for approximately 15 sales consultants and their training, consulting, closings and customer service. Career highlights for Tilghman include being named "Top Memberships & Affiliations Manager" nationwide and holding the title for record number of car sales in one month. CCIM - Certified ommerC cial Investment Member CPM - Certified Property Manager Active in his community, Tilghman currently serves as the Chairman ICSC member - International Council of Shopping for Junior Achievement of the Eastern Shore, member of the Lion's Centers Club, and is head coach of the boy's varsity soccer at Salisbury NAR - National Association of Realtors CAR - Coastal Association of Realtors Christian School; he is also a member of the Salisbury Area Chamber of Commerce. Phone: 410.543.2440

Fax: 410.543.1439 Tilghman earned the prestigious Certified Commercial Investment Member (CCIM) designation within his first 2 years in the business and Cell: 443.366.2675 has earned his Certified Property Manager (CPM) designation. Email: [email protected]

Address: 206 E. Main Street Salisbury, MD 21801

All SVN® Offices Independently Owned & Operated. The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness. 12 KENT ISLAND PARK SHOPPING CENTER | 46,000 SF | STEVENSVILLE, MD

Advisor Bio

Robert H. Greenlee Managing Director SVN | Miller Commercial Real Estate

Robert H. Greenlee serves as Managing Director and Senior Advisor for the Easton-based Chesapeake office of SVN | Miller Commercial Real Estate. Greenlee has been a recognized leader the regional investment real estate market for 30 years. As a real property economist and commercial real estate professional, he has a long history driving transformative, value-based real estate results by devising and executing wealth maximizing, and sustainable property ownership plans.

Greenlee specializes in mid-market brokerage, third party asset management, and analytics. He has extensive experience providing a broad range of valuation, strategic analysis, and transaction advisory services involving institutional and investment grade assets, as well as owner occupied real estate. He has direct client involvement in all MD #510675 matters related to the acquisition and investment management Phone: 443.390.2600 x102 functions in corporate, family, and private equity real estate platforms. Fax: 443.821.7908

Cell: 410.714.9766 His commercial real estate appraisal and economic consulting services are performed on the and along the Email: [email protected] entire East Coast, where he has personally completed over a Address: 19 Bay Street thousand studies, covering $5B+ dollars of real estate. SVN | Miller Easton, MD 21601 CRE clients and fellow advisors benefit from his economic analysis, strategic planning and development of value enhancement strategies.

With an undergraduate degree in Finance from the University of South Carolina and a master's degree in Economics earned at Loyola University of , Mr. Greenlee has been very involved in the local and regional communities for many years – with a particular focus on economic development and comprehensive planning.

Greenlee is a licensed real estate salesperson in Maryland and a Certified General Appraiser in the States of Maryland and Delaware. He is also a Practicing Affiliate member of the Appraisal Institute.

All SVN® Offices Independently Owned & Operated. The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness. 13 KENT ISLAND PARK SHOPPING CENTER | 46,000 SF | STEVENSVILLE, MD

Advisor Bio

John Foster Advisor SVN | Miller Commercial Real Estate

As an Advisor in the Easton, MD based Chesapeake Office of SVN Miller Commercial Real Estate, John specializes in the region’s two primary asset classes - industrial / flex and natural resource investment properties, including large agricultural and timber tracts. His focus is the Upper Eastern Shore, but his experience runs the length of the Delmarva Peninsula.

With this product and geographic expertise, John’s sale and leasing clients benefit from his strong transactional base, his use of the latest technologies, and his representation skills. He is particularly trusted and relied upon in the strategic planning and site selection processes. He serves the interests of a wide client base in manufacturing and production, distribution and warehousing, natural resources and farming. Memberships & Affiliations John is an Eastern Shore Native, a graduate of College in Chestertown, MD, and a long-time resident of the Queenstown Phone: 443.390.2600 x106 community. He serves on the Boards of Chesapeake College Fax: Foundation and White Stone Oyster Company. With hobbies including waterfowl hunting, squash, sailing, and farming, John is an active Cell: 410.480.6608 member of Ducks Unlimited, Corsica River Yacht Club, the Maryland Email: [email protected] Club in , and is the Managing Director of Brown’s Branch Farms, LLC. Address: 19 Bay Street Easton, MD 21601

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About SVN®

It’s a different world out there – the commercial real estate landscape has changed; it has perhaps changed forever. We don’t need to tell you times are challenging, your own experience has proven the need for different strategies and direction. You have demanded a different kind of broker – a proactive, collaborative, and proven advisor with deep local knowledge and a broad national footprint. The SVN Company of Affiliates has what you need.

Because It’s Right. Wall Street To Main Street.

Our culture is designed to ensure that our interests are aligned with We believe the SVN company of affiliates simply has the best those we serve. Why? Because it’s right. We have a long and very footprint in the market. We realize that transactions don’t just occur public history of setting the industry standard in this regard. Every in major markets, and as such we have uniquely built our brand SVN® company affiliate must agree in writing to abide by our Core around a platform that focuses on your needs. Our affiliates have Covenants – the first of which is this primary covenant: “I place my offices in major markets, as well as second and tertiary market. client’s interests above my own...” These covenants are more than Whether you’re seeking acquisition, disposition, advisory, mere words, they allow us to breathe and align as one organization. management, or capital markets assistance, we stand ready to They offer you the confidence of knowing our entire organization of serve your needs. Lipsey Co. has ranked the Sperry Van Ness affiliates is always thinking of what is best for you. It’s a different organization as one of the most recognized commercial real estate standard, driven by a different focus and supported by a unique, brands in the US for a reason – we know how to deliver a certainty committed and passionate culture built to challenge the status quo. of execution for our clients. Why? Because It’s Right. Tenacious. Defined. There are many things that go into creating a best-in-class Our message isn’t about us – it’s about you. We understand that commercial real estate company of affiliates or CRE Brand. While your success is our success and we never lose sight of that. We like ours offers proven and emerging technologies, an innovative to think that we have some of the brightest minds in the industry, business model, a strategic footprint and a culture of collaboration an innovative approach, a culture of sharing and collaboration, and and sharing, it is our tenacity that is the defining difference. Our a relentless commitment to service; but we prefer to let our actions affiliates understand our value is in breaking down barriers and and results speak louder than words. accelerating results for our clients. We know that we don’t earn your business by telling you how wonderful we are, but by creating a Vision. certainty of execution you can depend upon. We learned long ago that it doesn’t cost anything to work hard; it just takes a Our vision can be best summarized by our clear recognition that we commitment to a work ethic which is deeply ingrained in the SVN® have only one niche – our client. The bottom line is that we are built culture. It is this tenacious approach to relentlessly earn your to serve your needs across asset classes, practice areas, and business that has built the numerous longterm client relationships geographic boundaries. If you have a need we have both the for our affiliates, and which continues to validate our beliefs and capability and the competency to insure a successful execution. efforts. If you want evidence of our tenacity, look no further than our comprehensive approach to marketing. Every asset marketed within Leadership. our system, SVN Connect®, receives its own custom online presence cross- linked to a variety of other industry portals and fully integrate The SVN Company of Affiliates has an executive team with into state-of-the-art social media and search engine marketing tremendous integrity, continuity and experience. Along with our campaigns. We further augment our marketing efforts with National industry veterans, we embrace the talents and insights of our next marketing opportunities, email and telesales efforts to proprietary generation of leaders. You asked us to harness the incredible power investor and broker databases, and options like our accelerated that comes from the blending of institutional talent with a marketing platform. We simply leave no stone unturned. results-driven, entrepreneurial approach to doing the business – and we listened.

All SVN® Offices Independently Owned & Operated. The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness. 15