Winfield Marketplace - Winfield, AL

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WINFIELD, AL (MSA) WINFIELD MARKETPLACE WILL SCHUBERT STRIVE Senior Associate 469-844-8034 Wschubert@StriveRE.com SCOTT REID ParaSell Inc. (949) 942-6578 scott@parasellinc.com AL License #000127148-0 In association with

Winfield Marketplace

2 FINANCIAL ANALYSIS WINFIELD MARKETPLACE - WINFIELD, AL PRICING & FINANCIAL ANALYSIS OFFERING SUMMARY Price $1,820,000 Cap Rate 8.66% Net Operating Income $157,307 Price PSF $43.28 Occupancy 100% Year Built 1981 Gross Leasable Area 42,050 SF Lot Size 7.3 Acres
2365 US Hwy 43 Winfield, AL 35594
3 FINANCIAL ANALYSIS WINFIELD MARKETPLACE - WINFIELD, AL PRICING & FINANCIAL ANALYSIS PROJECTED INCOME & EXPENSES CURRENT PSF Base Rent - Occupied Space 100% $175,155 $4.17 Base Rent - Lease Up Space -Base Rent - Tax Rebate $20,600 $0.49 GROSS POTENTIAL RENT $195,755 $4.17 Expense Reimbursements Real Estate Taxes $7,918 $0.19 Insurance $4,027 $0.10 CAM $11,925 $0.28 Management Fee $795 $0.02 Total Expense Reimbursements $24,665 $0.59 GROSS POTENTIAL INCOME $220,420 $5.24 EFFECTIVE GROSS REVENUE $220,420 $5.24 Operating Expenses Real Estate Taxes $18,344 $0.44 Insurance $8,748 $0.21 CAM $29,401 $0.70 Management Fee 3.00% $6,620 $0.16 Total Recoverable Expenses $63,113 $1.50 Net Operating Income $157,307 $3.74 EXPENSES CURRENT PSF Real Estate Taxes $18,344 $0.44 Insurance $8,748 $0.21 Total CAM $29,401 $0.70 Management Fee 3.00% $6,620 $0.16 Total Expenses $63,113 $1.50 For Financing Options, Please Contact: Greg Holley | Managing Partner High St Capital (O) 469-998-7200 | (C) 714.514.2990 gholley@highstcapital.com
4 FINANCIAL ANALYSIS WINFIELD MARKETPLACE - WINFIELD, AL RENT ROLL Suite Tenant SQ FT % of SQFT Start End Annual Rent PSF Escalation Date Escalation Amount Options Lease Type A Dollar Tree 8050 19.14% 10/12/2014 01/31/2025 $73,255 $9.10 02/01/2025 $9.60 2 x 5 NNN (Excl MGMT) 5% Non-Cumulative Cap on CAM B Factory Connection 4500 10.70% 04/01/2015 03/31/2025 $21,000 $4.67 04/01/2025 $5.33 1 x 5 NNN (Excl MGMT) 5% Cumulative Cap on CAM C Hibbett Sports 4500 10.70% 11/12/2015 11/30/2025 $31,500 $7.00 12/01/2025 $8.00 3 x 5 NNN+10%AF (Excl MGMT) D Winfield Training & Fitness 5000 11.89% 03/01/2015 02/28/2027 $14,400 $2.88 03/01/2027 $3.60 2 x 5 $160 Per Month Flat E Storage Werks 20000 47.56% 07/20/2022 07/31/2032 $35,000 $1.75 08/01/2032 $1.93 2 x 10 Gross Occupied 42,050 100.00% $175,155 $4.17 $175,155 Vacant 0 0.0% Total 42,050 100.00%

DBA Dollar Tree

Corporate/Franchise Corporate

Locations

15,115+

Public/Private Public (NSDAQ: DLTR, S&P 500 Component)

Line of Business

Dollar Tree, Inc., is an American multi-price-point chain of discount variety stores. Headquartered in Chesapeake, Virginia, it is a Fortune 500 company and operates 15,115 stores throughout the 48 contiguous U.S. states and Canada. Dollar Tree competes in the dollar store and low-end retail markets. Each Dollar Tree stocks a variety of products, including national, regional, and private-label brands. Departments found in a Dollar Tree store include health and beauty, food and snacks, party, seasonal décor, housewares, glassware, household cleaning supplies, candy, toys, gifts, stationery, craft supplies, automotive, electronics, pet supplies, and books. Most Dollar Tree stores also sell frozen foods and dairy items such as milk, eggs, pizza, ice cream, frozen dinners, and pre-made baked goods.

DBA Factory Connection

Corporate/Franchise Franchise

Locations

300+

Public/Private Private

Line of Business

With nearly 300 stores in 17 states and growing rapidly, Factory Connection is a destination shopping experience for many of our customers. Factory Connection offers a wide selection of brand name fashions for Juniors, Misses, Plus, Men’s, Accessories, and shoes. Most locations also feature Home Décor.

Buying from the industry’s leading fashion manufacturers allows Factory Connection to offer name brand and specialty store fashions at prices that are 25% to 70% below regular retail. Because we ship new merchandise frequently – sometimes based on special limited-quantity purchases – our customers know the more they shop, the more they’ll find! We provide the opportunity to find the latest fashions at the right price, offering a great shopping experience!

5 PROPERTY DESCRIPTION WINFIELD MARKETPLACE - WINFIELD, AL TENANT INFORMATION

DBA Hibbett Sports

Corporate/Franchise Corporate

Locations

1,096+ Nationwide

Public/Private Public (NASDAQ: HIBB, S&P 600 Component)

Line of Business Hibbett Sports, Inc. is an American publicly traded holding company for Hibbett Sporting Goods, a full line sporting goods retailer headquartered in Birmingham, Alabama. As of January 29, 2022, the company operated approximately 1,096 retail stores, which include 900 Hibbett Sports stores, 179 City Gear stores, and 17 Sports Additions athletic shoe stores in 35 states. Its stores offer a range of athletic equipment, footwear and apparel. The company’s primary store format is the Hibbett Sports store, an approximately 5,000 square foot store located primarily in strip centers which are frequently influenced by a Wal-Mart store.

DBA Storage Werks LLC

Corporate/Franchise Franchise

Locations 1

Public/Private Private

Line of Business Storage Werks is a climate-controlled state-of-the-art facility with the best customer service around! When you rent from us, you’ll have 24-hour access to your belongings. We are dedicated to customer service. We are committed to offering you exceptional value for your hard-earned money. Storage Werks takes the security of your property seriously while also committing to providing clean, ready-to-rent units and friendly employees to make your storage experience stress-free.

6 PROPERTY DESCRIPTION WINFIELD MARKETPLACE - WINFIELD, AL TENANT INFORMATION

• 42,050 Shopping Center Shadow-Anchored by Walmart Super Center

• Low Price PSF at $43.28/SF and Attractive

Yield of 8.35%

• Superior Visibility & Ample Parking Along Hwy 43 – Main Retail Thoroughfare in Winfield

• Diverse Mix of Internet Resistant Tenants.

Tenant Line Up Includes Dollar Tree, Factory

Connection and Hibbett Sports

Surrounding Demand Drivers Include Walmart

Super Center, Foodland, and the Northwest Medical Center

7 PROPERTY DESCRIPTION WINFIELD MARKETPLACE - WINFIELD, AL INVESTMENT HIGHLIGHTS
8 PROPERTY DESCRIPTION WINFIELD MARKETPLACE - WINFIELD, AL SITE PLAN

NORTHWEST REGIONAL HEALTH

9 MARKET OVERVIEW WINFIELD MARKETPLACE - WINFIELD, AL AERIAL MAP
8,279VPD HWY43
10 MARKET OVERVIEW WINFIELD MARKETPLACE - WINFIELD, AL LOCAL MAP
11 MARKET OVERVIEW WINFIELD MARKETPLACE - WINFIELD, AL REGIONAL MAP

Winfield, Alabama

OVERVIEW

Winfield, Alabama, is a small city located in both Marion and Fayette counties in the northwestern part of the state. As of 2023, the population of Winfield was estimated to be around 4,781 residents. The city was originally called Needmore when it was founded in the late 19th century, but it was later renamed Winfield in honor of General Winfield Scott, a prominent figure in American history.The economy of Winfield is diverse, with a mix of manufacturing, retail, healthcare, and education sectors contributing to the local economy. The city is home to several small businesses and industries, which provide employment opportunities for residents. Winfield City Schools serves the educational needs of the community, offering elementary, middle, and high school education. The school system is committed to providing a quality education for its students, with an emphasis on academic achievement and extracurricular opportunities. Recreational opportunities in Winfield are abundant, with various

parks, sports facilities, and outdoor spaces available for residents to enjoy. The city hosts the annual Mule Day Festival, which features a parade, arts and crafts, live music, and other entertainment, drawing visitors from the surrounding area. In summary, Winfield, Alabama, is a small city with a strong sense of community and a diverse economy. It offers residents a range of recreational opportunities, educational options, and healthcare services, making it an appealing place to live and work.

12 MARKET OVERVIEW WINFIELD MARKETPLACE - WINFIELD, AL MARKET SUMMARY
13 MARKET OVERVIEW WINFIELD MARKETPLACE - WINFIELD, AL DEMOGRAPHIC STATISTICS Demographic data © CoStar 2021 1 Mile 3 Mile 5 Mile Population 2010 Population 1,518 4,542 8,255 2020 Population 1,492 4,320 7,813 2027 Population Projection 1,490 4,283 7,736 Median Age 44.3 44.9 44.8 Bachelor's Degree or Higher 11% 14% 14% U.S. Armed Forces 5 14 21 Population by Race White 1,383 4,023 7,305 Black 74 197 329 American Indian/Alaskan Native 9 23 40 Asian 5 23 37 Hawaiian & Pacific Islander 0 0 2 Two or More Races 21 53 100 Hispanic Origin 31 106 183 Housing Median Home Value $138,858 $136,302 $122,302 Median Year Built 1975 1975 1974 1 Mile 3 Mile 5 Mile Households: 2010 Households 688 1,927 3,482 2020 Households 679 1,836 3,302 2025 Household Projection 678 1,820 3,269 Owner Occupied 435 1,266 2,338 Renter Occupied 243 554 931 Avg Household Size 2.2 2.3 2.3 Avg Household Vehicles 2 2 2 Total Consumer Spending $18.7M $53.3M $94.4M Income Avg Household Income $61,133 $66,430 $61,071 Median Household Income $43,031 $47,666 $42,033 < $25,000 188 439 973 $25,000 - 50,000 174 494 823 $50,000 - 75,000 138 331 557 $75,000 - 100,000 65 216 399 $100,000 - 125,000 68 185 259 $125,000 - 150,000 7 59 106 $150,000 - 200,000 17 39 90 $200,000+ 22 75 95

CONFIDENTIALITY AGREEMENT

The information contained in the following offering memorandum is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from STRIVE and it should not be made available to any other person or entity without the written consent of STRIVE. By taking possession of and reviewing the information contained herein the recipient agrees to hold and treat all such information in the strictest confidence. The recipient further agrees that recipient will not photocopy or duplicate any part of the offering memorandum. If you have no interest in the subject property at this time, please return this offering memorandum to STRIVE.

This offering memorandum has been prepared to provide summary, unverified financial and physical information to prospective purchasers, and to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation. STRIVE has not made any investigation, and makes no warranty or representation with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and square footage of the property and improvements, the presence or absence of contaminating substances, PCBs or asbestos, the compliance with local, state and federal regulations, the physical condition of the improvements thereon, or the financial condition or business prospects of any tenant, or any tenant’s plans or intentions to continue its occupancy of the subject property. The information contained in this offering memorandum has been obtained from sources we believe to be reliable; however, STRIVE has not verified, and will not verify, any of the information contained herein, nor has STRIVE conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All potential buyers must take appropriate measures to verify all of the information set forth herein. Prospective buyers shall be responsible for their costs and expenses of investigating the subject property.

ALL PROPERTY SHOWINGS ARE BY APPOINTMENT ONLY. PLEASE CONTACT STRIVE AGENT FOR MORE DETAILS.

Commercial Disclaimer

STRIVE hereby advises all prospective purchasers of commercial property as follows:

The information contained in this Marketing Brochure has been obtained from sources we believe to be reliable. However, STRIVE has not and will not verify any of this information, nor has STRIVE conducted any investigation regarding these matters. STRIVE makes no guarantee, warranty or representation whatsoever about the accuracy or completeness of any information provided.

As the Buyer of a commercial property, it is the Buyer’s responsibility to independently confirm the accuracy and completeness of all material information before completing any purchase. This Marketing Brochure is not a substitute for your thorough due diligence investigation of this investment opportunity. STRIVE expressly denies any obligation to conduct a due diligence examination of this Property for Buyer.

Any projections, opinions, assumptions or estimates used in this Marketing Brochure are for example only and do not represent the current or future performance of this property. The value of a commercial property to you depends on factors that should be evaluated by you and your tax, financial and legal advisors. Buyer and Buyer’s tax, financial, legal, and construction advisors should conduct a careful, independent investigation of any commercial property to determine to your satisfaction with the suitability of the property for your needs.

Like all real estate investments, this investment carries significant risks. Buyer and Buyer’s legal and financial advisors must request and carefully review all legal and financial documents related to the property and tenant. While the tenant’s past performance at this or other locations is an important consideration, it is not a guarantee of future success. Similarly, the lease rate for some properties, including newly-constructed facilities or newly-acquired locations, may be set based on a tenant’s projected sales with little or no record of actual performance, or comparable rents for the area. Returns are not guaranteed; the tenants and any guarantors may fail to pay the lease rent or property taxes, or may fail to comply with other material terms of the lease; cash flow may be interrupted in part or in whole due to market, economic, environmental or other conditions. Regardless of tenants history and lease guarantees, Buyer is responsible for conducting his/her own investigation of all matters affecting the intrinsic value of the property and the value of any long-term leases, including the likelihood of locating replacement tenants if any of the current tenants should default or abandon the property, and the lease terms that Buyer may be able to negotiate with any potential replacement tenants considering the location of the property, and Buyer’s legal ability to make alternate use of the property.

By accepting this Marketing Brochure you agree to release STRIVE and hold it harmless from any kind of claim, cost, expense, or liability arising out of your investigation and/or purchase of this commercial property.

469.844.8880 STRIVERE.COM exclusively listed in association with ParaSell Inc. 949.942.6585 PARASELLINC.COM AL LICENSE #000127148-0

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