Investment Overview

CLASS-A NEW CONSTRUCTION STRIP CENTER • The subject property is a 17,633 square foot new construction retail strip center in Virginia Beach, VA • Destination Retail | Unique mix of ser vice oriented and restaurant tenants • Rare Guaranteed Rent Growth | Each tenant contains 3%-5% annual increases in rent • Buildings are Class-A New Construction and were designed by Finley Design Group, an award winning architect • Value-Add Opportunity | Center is 90% leased with one vacancy remaining • WALT: 5 Years PREMIER LOCATION IN VIRGINIA BEACH • This property is located in an extremely busy and rapidly growing corridor of Virginia Beach • Oceana Boulevard sees 38,000 vehicles per day • Just 3 miles from beachfront access • The strip center is directly across from the NAS Oceana Commisary, which serves all 25,000+ members associated with NAS Oceana • Limited Competition along Oceana Blvd. NAVAL AIR STATION OCEANA • This center is located less than 5 miles fr om Naval Air Station Oceana • Naval Air Station Oceana is a 6 ,820-acre Naval Air Station that is home t o all east cost strike fighter jet squadrons. • The Air Station consists of 10,500 military, 10,000 Family Members, and 4,500 Civil Employees • As one of the lar gest employers of Virginia Beach, the Air Station pr ovides a total economic impact of $2B annually