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IMPROVED •MPARABLE PROFILE COMPARABLE <br /> Location&Property Identification <br /> Property Name: Boulevard Center <br /> Sub-Property Type: Commercial/Retail <br /> Address: 6211-6225 Brooklyn Blvd <br /> City,State,Zip: Brooklyn Center,MN,55429 <br /> County: Hennepin <br /> MSA: Minneapolis/St.Paul <br /> Legal/Tax/ParcelID: 34-119-21-43-0006 <br /> F <br /> Sale Information <br /> Sale Price: $2,285,000 <br /> Effective RE Sale Price: $2,285,000 <br /> Sale Date: 8/14/2013 Site and Improvement Data <br /> List Date: 8/14/2013 Acres(gross): 2.22 <br /> Sale Status: Closed Land SF(gross): 96,703 <br /> Acres(usable): 2.22 <br /> $/SF(GBA): $113.57 Land SF(usable): 96,703 <br /> $/SF(NRA): $113.57 <br /> Grantor/Seller: Kraus-Anderson Realty Access: Average <br /> Company <br /> Grantee/Buyer: RP Mallery Group,LLC Visibility: Average <br /> Property Rights Conveyed: Leased Fee <br /> %of Interest Conveyed: 100% <br /> Terms of Sale: Market oriented <br /> Document Type: Warranty Deed <br /> Verification Type: Verified with Buyer GBA SF: 20,120 <br /> NRA SF: 20,120 <br /> Year Built/Renovated: 1965/ <br /> Operating Data and Key Indicators Condition of Improvements: Average <br /> %Occupied: 100% #Buildings/#Stories: 1/1 <br /> #of Tenants: 6 Occupancy Type: Multi-tenant <br /> Net Operating Income: $227,815 #Units: 6 <br /> Reserves Included: NAV <br /> Operating Data Type: NAV <br /> Capitalization Rate: 9.97% <br /> Management Included: NAV Land-to-Building Ratio: 4.81 <br /> Parking Ratio(per 1,000 SF GBA): 8.15 <br /> Comments: Property Information Source: <br /> The 20,120 square foot retail center sold for$2,285,000 or Reliable third party <br /> $113.57 per square foot. The center is fully leased with a <br /> cap rate near 10%. 70%of tenants have lease terms of <br /> longer than 5 years. Details were confirmed by parties on <br /> both sides of the transaction as well as through county <br /> documents. <br /> Boulevard <br /> 76 1 <br />