NNN BI-LO Supermarket Mall Road, Anderson, SC 29621

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1 NNN BI-LO Supermarket Mall Road, Anderson, SC Price: $2,042,170 l NOI: $168,479 l CAP Rate: 8.25% Phone: Fax: exp@exp1031.com Low triple net rent of $3.63 psf Across the street from the 672,000+ sf Anderson Mall anchored by Dillard s, JC Penney, Belk & Sears Simon Malls owns Anderson Mall which is one of the premier shopping destinations in Upstate South Carolina BI-LO has been a tenant at the property since 1993 Nearby retailers: Home Depot, Office Depot, TJ Maxx, Lowe s, Target, PetSmart, Best Buy, Toys R Us, Wal-Mart Supercenter & Sam s Club Adjacent to former Wal-Mart which recently sold to a self storage co. 120 miles from Downtown Atlanta, GA 30 Miles from Greenville, SC 17.8% rental escalation in first option 3.5 miles from Interstate 85 (Traffic: 45,000 vpd), which connects Atlanta, GA with Charlotte, NC 3 miles north of Anderson University 2,500 students enrolled annually

2 Whisper BI-LO Valley Ranch Property Investment Line Overview Map PROPERTY OVERVIEW: The property is located on Mall Road (Traffic: 13,000 vpd), just off of Clemson Boulevard (Traffic: 31,900 vpd), a major retail thoroughfare. The subject property is 3.5 miles from the on/off ramp of Interstate 85 (Traffic: 45,000 vpd) which connects Atlanta, GA with Charlotte, NC. The property sits next to a former Wal-Mart which was recently sold to a self-storage company. Retailers in the immediate trade area include Wal-Mart Supercenter, Sam s Club, Target, Home Depot, Lowe s, Best Buy, Publix, Office Depot, TJ Maxx, and PetSmart among others. The property sits adjacent to a former Wal-Mart which recently sold to a self storage company. LOCATION OVERVIEW: Located 120 miles northeast of Atlanta, GA and 30 miles southwest of Greenville, SC, Anderson, SC is the county seat of Anderson County and the principal city of the Anderson Metropolitan Statistical Area (population: 184,901). Anderson is one of the premier shopping destinations in the region. Both locally and nationally owned stores occupy Anderson, mainly on Clemson Boulevard. The 672,000 sf Anderson Mall is Anderson's largest shopping center and has undergone many expansions since it s opening in It currently has 76 tenants, with plans to add more stores in the near future. It services a trade area population of 303,069, with 123,969 households and $54,229 average annual household income. Anderson is also the home of Anderson University, a selective private university of approximately 2,500 undergraduate and graduate students. INVESTMENT SUMMARY Price: $2,042,170 NOI: $168,479 CAP Rate: 8.25% Bld. Sq Ft: 46,453 Land Size: 5.13 Acres Lease Type: Triple Net LEASE SUMMARY: NOI: $168,478 Expiration Date: April 30 th, 2014 Options: One (5) year Option Rent: $198,478 / 17.8% increase Lease Type: Triple Net Lease, No Landlord Responsibilities TENANT OVERVIEW: BI-LO, LLC (S&P Rating: B) is a chain of supermarkets founded in 1961 on the principle that consumers should be able to purchase national brands for less. Brands include national names, as well as BI-LO's own: Southern Hearth Bakery items, Full Circle natural and organic foods, Top Care health and beauty aids, and Paws Premium pet foods. BI-LO employs 17,000+ people and operates 210+ supermarkets in South Carolina, North Carolina, Georgia, and Tennessee. Bi-Lo Is owned by Lone Star Funds. INVESTMENT OVERVIEW 2

3 Whisper BI-LO Valley Ranch Property Labeled Aerial Line Map Anderson Mall LABELED AERIAL 3

4 Whisper BI-LO Valley Ranch Investment Property Site PlanLine Overview Map Adjacent to a former Wal-Mart which recently sold to a self storage company SITE PLAN 4

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7 Whisper BI-LO Valley Ranch Property 2010 Demographic Line Map Charts DEMOGRAPHIC CHARTS 7

8 Whisper BI-LO Valley Ranch Property 2010 Demographic Line Map Data 3 Miles 5 Miles 7 Miles Population Total Population 28,322 60,410 84,248 Male Population 47.3% 47.1% 47.3% Female Population 52.7% 52.9% 52.7% Median Age Population Density (per sq. mi.) 1, Employees 25,884 42,253 50,229 Establishments 1,692 2,988 3, Projected Total Population 31,311 66,419 91,793 Projected Population Growth % 9.9% 9.0% Income Median HH Income $48,892 $46,113 $43,885 Per Capita Income $28,586 $25,977 $24,091 Average HH Income $69,056 $64,096 $59,889 Households Total Households 11,733 23,750 33,025 Average Household Size Household Growth % 12.3% 11.3% 2015 Projected Total Households 12,869 25,922 35,702 Projected Household Growth % 9.1% 8.1% Housing Owner Occupied Housing Units 57.1% 55.2% 58.1% Renter Occupied Housing Units 30.1% 30.7% 28.0% Vacant Housing Units 12.8% 14.1% 13.9% Race White 82.5% 75.3% 74.5% Black 11.6% 19.1% 20.1% American Indian, Eskimo, Aleut 0.2% 0.2% 0.1% Asian 1.6% 1.3% 1.1% Hawaiian or Pacific Islander 0.1% 0.0% 0.0% Other 1.4% 1.3% 1.4% Multirace 2.7% 2.8% 2.8% Ethnicity Hispanic 2.3% 2.1% 2.0% Non-Hispanic 97.7% 97.9% 98.1% Contact Us EXP Realty Advisors 118 East 28 th Street Suite #901 New York, NY Phone: (212) Fax: (212) Robert P. James President Phone: (212) rob@exp1031.com Daniel de Sa Director of Sales Phone: (212) dan@exp1031.com DEMOGRAPHIC DATA 8