PORTFOLIO INVESTMENT OFFERING Sands Investment Group is Pleased to Present For Sale Four (4) of The Children’s Workshop Locations Throughout Rhode Island. These Listings Can Be Sold Individually or as a Portfolio. The Children’s Workshop Foundation Was Established as a Non-Profit in 2011, However They Have Been a Rhode Island Business Since 1990. The Children’s Workshop Foundation is a NAEYC Accredited and Bright Stars Rated Program. The Foundation Has a Combined 85 Year Operating History in the State. In Cooperation With Andrew Callahan, Venture Retail Partners, LLC Lic. # REB.0018154 PORTFOLIO PRICE: $7,517,329 | CAP: 8.50% ACTUAL PROPERTY IMAGE | WARREN, RI EXCLUSIVELYEXCLUSIVELY MARKETED BY: BY: SETH KREPISTMAN ADAM BRIDGES ELAN SIEDER MAX FREEDMAN Lic. # 744270 Lic. # 112622 Lic. # 678407 Lic. # 644481 512.543.7437 | DIRECT 843.405.9391 | DIRECT 512.649.5185 | DIRECT 512.766.2711 | DIRECT [email protected] [email protected] [email protected] [email protected] © 2021 Sands Investment Group (SIG). The information contained in this ‘Offering Memorandum’, has been obtained from sources believed to be reliaBle. Sands Investment Group does not doubt its accuracy; however, Sands Investment Group makes no guarantee, representation or warranty about the accuracy contained herein. It is the responsiBility of each individual to conduct thorough due diligence on any and all information that is passed on about the property to determine its accuracy and completeness. Any and all projections, market assumptions and cash flow analysis are used to help determine a potential overview on the property, however there is no guarantee or assurance these projections, market assumptions and cash flow analysis are subject to change with property and market conditions. Sands Investment Group encourages all potential interested buyers to seek advice from your tax, financial and legal advisors before making any real estate purchase and transaction. PAWTUCKET PROVIDENCE WARREN PORTFOLIO PRICE PRICE $7,517,329 CAP 8.50% NOI $638,973 PRICE PER SF $146.88 LEASE TERM 10 Years GUARANTOR Corporate ACTUAL PROPERTY IMAGE | PROVIDENCE, RI ACTUAL PROPERTY IMAGE | WARREN, RI PRICE SQUARE ANNUAL RENT RENTAL LEASE LEASE LOCATION PRICE CAP OPTIONS PER SF FOOTAGE BASE RENT PER SF INCREASE START END 178 East Street $781,412 8.50% $162.79 4,800 SF $66,420 $13.84 CPI Annually 07/01/2020 06/30/2030 1 x 5 Year Pawtucket, RI 02860 151 Hunt Street $3,647,059 8.50% $124.14 29,379 SF $310,000 $10.55 CPI Annually 07/01/2020 06/30/2030 1 x 5 Year Central Falls, RI 01863 411 Narragansett Park Dr East Providence, RI $1,334,117 8.50% $185.29 7,200 SF $113,400 $15.75 CPI Annually 07/01/2020 06/30/2030 1 x 5 Year 02916 410 Child Street $1,754,741 8.50% $179.06 9,800 SF $149,153 $15.22 CPI Annually 07/01/2020 06/30/2030 1 x 5 Year Warren, RI 02885 TOTAL: $7,517,329 8.50% $146.88 51,179 SF $638,973 ACTUAL PROPERTY IMAGE (EAST STREET) PAWTUCKET, RI | HIGHLIGHTS • The ChIldren’s WorksHop FoundatIon Has Operated at ThIs LocatIon For 24 Years - ShowIng a CommItment to the Site • StrategIcally Located in a Densely Populated ResIdentIal District WitH Over 32,177 People WitHIn a WalkIng Distance • Excellent TraffIc Counts of 114,000 VPD Along I-95, WhIcH is 0.3- Miles From ThIs LocatIon • Strong DemographIcs WitH 133,035 People WitHIn a 3-Mile RadIus • Located 6-Miles From Downtown ProvIdence, RI OFFERING SUMMARY PRICE $781,412 Population CAP 8.50% NOI $66,420 3-MILES 5-MILES 10-MILES PRICE PER SF $162.79 133,035 258,241 668,884 (114,000 VPD) GUARANTOR Corporate (17,062 VPD) PROPERTY SUMMARY Average Household ADDRESS 178 East Street Income Pawtucket, RI 02860 COUNTY Providence BUILDING AREA 4,800 SF 3-MILES 5-MILES 10-MILES LAND AREA 0.44 AC $68,561 $79,453 $81,450 BUILT 1975 Park St East St East St Park St ACTUAL PROPERTY IMAGES ACTUAL PROPERTY IMAGE CENTRAL FALLS, RI | HIGHLIGHTS • The ChIldren’s WorksHop Has Operated ThIs LocatIon For 17 Years • StrategIcally Located WitHIn 3-Miles of 12 Feeder Elementary ScHools • Located in a Densely Populated ResIdentIal NeIgHborHood WitH 27,492 People WitHIn WalkIng Distance • PopulatIon Jumps to 685,105 ResIdents WitHIn a 10-Mile RadIus • Located in the Lot Adjacent to Margaret I Robertson Elementary ScHool; ProvIdes Easy Drop Off Access For Parents WitH ChIldren of VaryIng Ages • Located 6.5-Miles From Downtown ProvIdence, RI • Situated Just Off of Broad Street WhIcH Sees 15,330 VPD OFFERING SUMMARY $3,647,059 Population PRICE (28,689 VPD) CAP 8.50% NOI $310,000 3-MILES 5-MILES 10-MILES 130,550 253,934 683,105 PRICE PER SF $124.14 GUARANTOR Corporate PROPERTY SUMMARY Broad St (15,330 VPD) (114,000 VPD) Average Household ADDRESS 151 Hunt Street Lonsdale Ave Income Central Falls, RI 02863 COUNTY Providence BUILDING AREA 29,379 SF 3-MILES 5-MILES 10-MILES LAND AREA 0.53 AC $67,328 $79,887 $80,061 BUILT 1975 Madeira Ave Hunt St Broad St Hunt St Broad St Jenks Ave ACTUAL PROPERTY IMAGES ACTUAL PROPERTY IMAGE EAST PROVIDENCE, RI | HIGHLIGHTS • The ChIldren’s WorksHop FoundatIon Has Operated ThIs LocatIon For 18 Years • StrategIcally Located in a Densely Populated ResIdentIal District • ThIs Property Sits on a Rare 2.45 AC Lot For a ChIld Care FacIlity • Strong DemographIcs WitH 109,022 People WitHIn a 3-Mile RadIus and the PopulatIon Jumps to 670,305 ResIdents WitHIn a 10-Mile RadIus • Average HouseHold Income of $87,668 WitHIn a 10-Mile RadIus • Located 8-Miles From Downtown ProvIdence, RI OFFERING SUMMARY PRICE $1,334,117 Population CAP 8.50% (20,796 VPD) (20,796 NOI $113,400 3-MILES 5-MILES 10-MILES 109,022 267,862 670,305 PRICE PER SF $185.29 (14,672 VPD) GUARANTOR Corporate PROPERTY SUMMARY Average Household ADDRESS 411 Narragansett Park Drive Income East Providence, RI 02916 COUNTY Providence BUILDING AREA 7,200 SF 3-MILES 5-MILES 10-MILES LAND AREA 2.45 AC $78,419 $75,497 $81,668 BUILT 1990 Narragansett Dr Narragansett Dr ACTUAL PROPERTY IMAGES ACTUAL PROPERTY IMAGE WARREN, RI | HIGHLIGHTS • The ChIldren’s WorksHop FoundatIon Has Operated ThIs LocatIon For 21 Years, WhIcH Shows TheIr Continued CommItment and Success at the Site • Located WitHIn 3-Miles of 5 Feeder Elementary ScHools • Average HouseHold Income of $117,625 WitHIn a 3-Mile RadIus • PopulatIon of 35,221 ResIdents WitHIn a 3-Mile RadIus • Nearby Tenants Include: Dollar General, DunkIn’, Citizen’s Bank, Family Dollar, Burger King, CVS Pharmacy, ValvolIne, McDonald’s, Advance Auto Parts, Taco Bell and More OFFERING SUMMARY PRICE $1,754,741 Population CAP 8.50% NOI $149,153 3-MILES 5-MILES 10-MILES 35,221 73,129 425,209 PRICE PER SF $179.06 GUARANTOR Corporate (8,879 VPD) PROPERTY SUMMARY (19,047 VPD) Average Household ADDRESS 410 Child Street (12,651 VPD) Income Warren, RI 02885 COUNTY Bristol BUILDING AREA 9,800 SF 3-MILES 5-MILES 10-MILES LAND AREA 1.15 AC $117,625 $106,856 $83,132 BUILT 1970 ACTUAL PROPERTY IMAGES PROVIDENCE | PROVIDENCE | RI Providence is the capital and most populous city of the state of Rhode Island and is one of the oldest cities in the U.S. The city is situated at the mouth of the Providence River at the head of Narragansett Bay. Today, the city of Providence is home to eight hospitals and seven institutions of higher learning which have shifted the city's economy into service industries, though it still retains some manufacturing activity. With an estimated population of 179,883 residents, Providence is the third-most-populous city in New England after Boston and Worcester, Massachusetts. It is the capital of Rhode Island, so the city's economy additionally consists of government service. Prominent companies headquartered in Providence include Fortune 500 Textron, an advanced technologies industrial conglomerate; United Natural Foods, a distributor of natural and organic foods; Fortune 1000 Nortek Incorporated; Gilbane, a construction and real estate company; and GTECH Corporation, which recently moved its world headquarters to downtown. Citizens Bank is also headquartered in Providence and is the 15th largest bank in the country. The Port of Providence is the second largest deep- water seaport in New England. It handles cargos such as cement, chemicals, heavy machinery, petroleum, and scrap metal. The area is home to some of toy manufacturer Hasbro's business operations, although their headquarters are in Pawtucket. Providence is home to a 1,200-acre park system, notably Waterplace Park and Riverwalk, Roger Williams Park, Roger Williams National Memorial, and Prospect Terrace Park. Waterplace Park is the backdrop for the WaterFire art installation, which lights up the surrounding tidal basin most nights in the summer and for special events. Prospect Terrace Park features expansive views of the downtown area, as well as a 15-foot-tall granite statue of Roger Williams gazing over the city. It's home to Brown University and the Rhode Island School of Design, whose RISD Museum displays American art and silver. Nearby, 18th- and 19th- century homes line the streets of College Hill. RHODE ISLAND STATE CAPITOL WATERFIRE PROVIDENCE, RHODE ISLAND THE CHILDREN’S WORKSHOP TENANT PROFILE At The ChIldren’s WorksHop, our first priority is your chIld. And because we’re run by parents, witH young chIldren like yours, we strIve every day to create warm, nurturIng envIronments where chIldren can explore and learn. Our experIenced team of early chIldHood professIonals is committed to the unique and individual development of every chIld in our care.