INVESTMENT OPPORTUNITY | INVESTMENT SUMMARY Colborne Place COLLIERS CAPITAL MARKETS CANADA Executive Summary PROPERTY PROFILE Municipal Address: 603 Colborne St. E Colliers International (the “Advisors”) have been retained Rentable Area (SF): 70,406 on an exclusive basis by RioCan REIT (“RioCan” or the “Vendor”) to offer for sale a 100% freehold interest in Site Area (Acres): 6.49 Colborne Place, a 70,406 square foot neighbourhood Coverage: 25% grocery-anchored centre (the “Property”). The Property Tenants: 9 is situated on a 6.5 acre site with frontage along Colborne Street, one of Brantford’s high traffic arterials Occupancy: 100% connecting the City to surrounding markets. Parking Stalls: 320 Colborne Place is 100% leased to a diversified roster of destination retailers serving the immediate trade demographics and anchored by No Frills, a national discount supermarket chain comprising 63% of the Property’s GLA. No Frills’ commitment to the location along with a short weighted average lease term remaining of 2.1 years provide an opportunity to acquire and improve cash flow through active management. Strategically located 90 minutes from Toronto and multiple U.S. access points, the City of Brantford is a designated key economic growth area. Historically low unemployment rate and significant private capital Colborne St. E investments are expected to drive growth in the local economy and uniquely position the Property to take advantage of the up trending economy. The Property is owned and professionally managed by Kiwanis Way RioCan REIT, resulting in institutional-quality leasing and operating standards that have positioned the property for long-term success. A bid date will be communicated by the Advisors. N Lynden Park Mall Investment Highlights LONG-STANDING GROCERY ANCHORED RETAIL • The fully-occupied Property is anchored by No Frills, which Colborne Place comprises 63% of the Property’s GLA. With additional 2 x 5 year renewal options remaining at competitive fixed rents, the tenant’s strong sales point to a commitment to the location. SECURE INCOME STREAM WITH NEAR TERM GROWTH POTENTIAL • The Property is 100% occupied by a diversified tenant mix of retailers tailored to the trade area demographics. In addition to No Frills, complementary cost-competitive retailers include Pizza Pizza, Subway, FactoryDirect.ca and a dollar store. A weighted average lease term remaining of 2.1 years provides the opportunity to actively manage tenancy and improve cash flow. EXCEPTIONAL LOCATION WITH AMPLE PARKING • Colborne Place is strategically positioned along a high traffic corridor in a mature residential node. A large 6.5 acre site with prominent visibility and ample parking draws significant traffic into the community and drives local consumer spending. Downtown STABLE ECONOMIC BASE FOR CONSISTENT RETAIL GROWTH • The City of Brantford is recognized as an urban growth centre 1 km 3 km 5km Brantford Canada characterized by a stable local economy. New capital investments Population 2016 6,931 90,322 233,198 98,179 35,151,728 along with infrastructure development are creating opportunities Population Growth 2011-2016 2.6% 3.5% 3.9% -0.9% 5% for ongoing growth of the local economy. Median Age 40 41 42 42 41 Households 2,996 17,176 31,988 40,964 15,412,443 Average Household Size 2.4 2.2 2.2 2.2 2.4 FREE AND CLEAR OF FINANCING Average Household Income $50,492 $49,082 $60,712 $68,741 $70,336 • The Property is offered without any existing financing, allowing Ownership Share 57.2% 53.3.% 62.8% 72.4% 67.8% potential purchasers to seek out attractive financing and improve Daytime Population 2,484 28,377 56,251 94,888 27,249,788 returns in a low interest environment. N For More Information To receive a detailed information package about the Property, please execute and return the Confidentiality Agreement to Carolina Zamarripa by email [email protected] or contact the advisors below: COLLIERS CAPITAL MARKETS | CANADA 181 Bay Street, Suite 1400 Toronto, ON M5C 2W5 T: +1 416 777 2200 | F: +1 416 777 2277 Scott Chandler** Bill Pitt** John Stewart** Senior Vice President Senior Vice President Senior Vice President +1 416 643 3796 +1 416 643 3400 +1 416 643 3401 [email protected] [email protected] [email protected] Andrew Barnicke** Janina Francescutti*** Vice Chairman, Managing Partner Senior Vice President +1 416 643 3766 +1 514 764 2848 [email protected] [email protected] * Sales Representative, Ontario ** Broker, Ontario ***Chartered Real Estate Broker, Québec COLLIERS This document has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or CAPITAL implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. Colliers MARKETS International is a worldwide affiliation of independently owned and operated companies. This publication is the copyrighted property of Colliers International and /or its licensor(s). © 2018. All rights reserved. CANADA Colliers Macaulay Nicolls Inc..