Investment Overview

VALUE-ADD UPSIDE -BELOW MARKET RENTS / GROSS LEASES The center carries an average in-place rent of $14.35/SF, with tenants on Gross leases and below market rents. Community Home Medical's lease already calls for NNN reimbursements on a pro-rata basis, but current ownership is not collecting, giving a new investor immediate recovery upside plus a 15% administrative fee on CAM. Pro forma underwriting -leasing the vacant 800 SF at $1,000 per month gross and capturing those reimbursements -takes the return from an 8.75% in-place cap to 11.02%. ESTABLISHED TENANCY / STAGGERED LEASE ROLLOVER The 10,545 SF center is 92.4% leased across three tenants -Aspire Mental Health (3,188 SF), Community Home Medical (3,057 SF), and Austintown Pools & Spas (3,500 SF) -with staggered lease expirations. Community Home Medical has occupied the property since 2012 and extended their lease 10-years during their last renewal. Aspire Mental Health expanded their SF and extended their lease 5-years, and Austintown Pools is also interested in a 5-year renewal after 2028. The remaining 800 SF vacant suite provides an immediate value-add leasing opportunity. ATTRACTIVE BASIS Offered at $1,050,000, or $99.57 per square foot, the asset trades well below replacement cost in a metro anchored by Mercy Health, Akron Children's Hospital, Youngstown State University and the expanding "Voltage Valley" EV supply chain led by Ultium Cells in nearby Lordstown. STRONG RETAIL LOCATION The property fronts N Canfield Niles Road in Austintown, a primary retail and commuter corridor serving western Mahoning County within the Youngstown-Warren metro. The site sits minutes from Interstate 80 and State Route 11, placing it within immediate reach of a two-county market of approximately 425,000 residents. Within five miles there are 75,367 residents, 34,113 households and a daytime population of 64,956, supporting the center's mix of behavioral health, medical and specialty retail users.