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IMPROVED •MPARABLE PROFILE COMPARABLE <br /> Location&Property Identification <br /> Property Name: Jefferson Plaza <br /> Sub-Property Type: Retail Center <br /> Address: 8501-8511 Jefferson Lane N <br /> City,State,Zip: Brooklyn Park,MN,55445 <br /> County: Hennepin <br /> MSA: Minneapolis/St.Paul < +_ • <br /> Legal/Tax/ParcelID: 18-119-21-33-0032 <br /> Sale Information <br /> Sale Price: $2,600,000 _ <br /> Effective RE Sale Price: $2,600,000 <br /> Sale Date: 12/3/2015 Site and Improvement Data <br /> Acres(gross): 1.91 <br /> Sale Status: Closed Land SF(gross): 83,200 <br /> Acres(usable): 1.91 <br /> $/SF(GBA): $145.03 Land SF(usable): 83,200 <br /> $/SF(NRA): $145.03 <br /> Grantor/Seller: Jefferson Properties,LLC Access: Average <br /> Grantee/Buyer: Jefferson Plaza Partners,LLC Visibility: Average <br /> Property Rights Conveyed: Leased Fee <br /> %of Interest Conveyed: 100% <br /> Terms of Sale: Market oriented <br /> Verification Type: Reliable 3rd Party,Public GBA SF: 17,927 <br /> Record <br /> NRA SF: 17,927 <br /> Year Built/Renovated: 2002/ <br /> Operating Data and Key Indicators Condition of Improvements: Average <br /> %Occupied: 79% #Buildings/#Stories: 1/1 <br /> #of Tenants: 5 Occupancy Type: Multi-tenant <br /> Net Operating Income: $216,840 #Units: 5 <br /> Reserves Included: NAV <br /> Operating Data Type: NAV <br /> Capitalization Rate: 8.34% <br /> Management Included: NAV Land-to-Building Ratio: 4.64 <br /> Parking Ratio(per 1,000 SF GBA): 4.24 <br /> Comments: Property Information Source: <br /> This is a sale of a multi-tenant retail center in Brooklyn Park. Reliable 3rd Party,Public Record <br /> Reported occupancy was just under 80%,and the reported <br /> cap rate was 8.34%. The tenants were mostly local credit <br /> quality. <br /> Jefferson Plaza <br /> 79 1 <br />