Sunrise, FL $4,223,529 | 4.25% CAP OFFERING SUMMARY

ALDI - Sunrise, FL $4,223,529 | 4.25% CAP OFFERING SUMMARY JORGE ALVARINO JOEL BENES PARTNER PARTNER [email protected] [email protected] (305) 364-9945 (305) 364-9945 www.horizonpropertiesfl.com ALDI - Sunrise, FL 8075 W Oakland Park Blvd | Sunrise, FL 33351 PROPERTY SUMMARY Tenant Aldi Guarantee Aldi (Florida) LLC Asking Price $4,223,529 Cap Rate 4.25% 8075 W. Oakland Park Blvd. Address Sunrise, FL. 33351 KEY HIGHLIGHTS Building Size 19,247 SF Parcel Size 1.77 Acres Annual Rent $179,500.00 Year 1. 20 Lease Term 20 years Lease Type Absolute Net Ground Lease Commencement January 1, 2019 20 Year Net Ground Lease - Rent New Aldi store under construction increases scheduled every 5 years Expiration December 31, 2038 in the South Florida Metro Area 7.5% every 5 years beginning beginning year 6. Increases year 6. Options (4) 5-year options Landlord Responsibilities None RENT SCHEDULE LEASE YEARS ANNUAL RENT RETURN Located in densely populated Out parcel to 235 new garden style Sunrise, Fl. Sub market. apartments coming soon. 01-05 $179,500.00 4.25% 06-10 $192,962.50 4.57% 11-15 $207,434.68 4.91% 16-20 $222,992.28 5.30% 21-25 (Option Term) $239,716.70 5.70% 26-30 (Option Term) $257,695.45 6.01% Traffic count exceeds 100,000 No State income tax in Florida VPD at the intersection. ALDI - Sunrise, FL 54,000 VPD W ATRIUM SUBJECT PROPERTY N UNIVERSITY DR W OAKLAND PARK BLVD 40,500 VPD AERIAL ALDI - Sunrise, FL 869 91 N UNIVERSITY DR 870 COMMERCIAL BLVD N PINE ISLAND RD ISLAND PINE N 870 Lakes of Environ CONDOMINIUM COMPLEX SUBJECT PROPERTY 441 LAUDERHILL SAWGRASS EXPY (TOLL ROAD) PARK W OAKLAND PARK BLVD SAWGRASS MILLS ±2,370,610 SF GLA | ± 329 STORES 95 869 838 75 842 842 595 WESTFIELD BROWARD MALL ±1,000,000 SF GLA | ±125 STORES 441 95 75 595 AERIAL SITE PLAN N UNIVERSITY DR LEFT TURN LANE INTO CENTER 235 APARTMENTS COMING SOON 33 UNITS 817 33 UNITS 22 UNITS N UNIVERSITY DR 817 W OAKLAND PARK BLVD 816 W OAKLAND PARK BLVD 816 W OAKLAND PARK BLVD 816 LEFT TURN LANE INTO CENTER SITE PLAN ALDI - Sunrise, FL 8075 W Oakland Park Blvd | Sunrise, FL 33351 TENANT OVERVIEW For over 40 years, ALDI US has stuck to the same guiding principle: Great quality shouldn’t come at a high price; rather, great quality should come with everyday low prices. Founded by the Albrecht family, the first ALDI store opened in 1961 in Germany, making ALDI the first discounter in the world. Headquartered in Batavia, Illinois, ALDI now has more than 1,900 stores across 36 states, employs over 25,000 people and has been steadily growing since opening its first US store in Iowa in 1976. Number of locations Over the past decade, ALDI more than 1,900 stores nearly doubled in size and across 36 states by 2022, ALDI will bring its total number of US stores to nearly 2,500. 90% More than 40 million customers More than 90 percent of what every month have discovered that you find in stores is exclusive they can save time and money brand product without sacrificing quality 95 West Palm Beach 98 15 98 98 27 95 ALDI - Sunrise, FL 8075 W Oakland Park Blvd | Sunrise, FL 33351 27 Deerﬁeld Beach 869 Coral Springs 95 Pompano Beach Tamarac Broward Sunrise Sunrise Oakland Park 93 75 Fort Lauderdale 27 75 595 Weston Davie Dania Beach Southwest Ranches Pembroke Pines Miramar 95 Hallandale Beach 75 826 SUNRISE OVERVIEW 27 Aventura Miami Lakes 924 Hialeah 95 75 112 DORAL 195 Miami Beach 595 MIAMI A1A 1 Bordered by I-595, I-75 and the Sunrise is conveniently situated in 874 Kendall Sawgrass Expressway - and easily the heart of South Florida’s tri-county accessible via Florida’s Turnpike region (Miami- Dade, Broward and Palm Beach). MIAMI-DADE 1 HOMESTEAD Sunrise offers links to three Sunrise is the hub of western international airports Broward County and is just one 1 and three seaports of the many places outside of downtown creating mini-urban cores. ALDI 1-Mile 3-Mile 5-Mile FORT LAUDERDALE DEMOGRAPHICS 1-Mile 3-Mile 5-Mile Population: 21,429 197,917 434,869 Households: 9,477 80,389 169,040 Median HH Income: $39,067 $47,042 $49,041.

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