SHOPPERS’ CENTER709 ELBERT STREET, ELBERTON, GA

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CBRE’s Investment Group is proud to offer The Shoppers’ Center (the ‘Property’), a Tractor Supply Co anchored neighborhood retail center located at 709 Elbert Street in Elberton, GA. The Shoppers’ Plaza presents investors with the opportunity to acquire a ±61% occupied, cash flowing retail center with upside opportunities.

Situated on one parcel totaling ±5 AC, this Property offers abundant parking and identifies tenants with a prominent monument sign on the heavily trafficked Elbert Street. Constructed in 1992, the Property has 5 retail units ranging in size from ±1,200 SF to ±22,331 SF. The Property is anchored by Tractor Supply Co, a highly regarded $6B+ revenue company and the largest operator of rural lifestyle products in the US offering home improvement, agriculture, lawn/garden, and livestock products. Tractor Supply Co contributes to nearly ±51% of the center’s GLA, is in-place through 2/2026, and has four 5-year extension options. The Shoppers’ Center is currently ±61% leased and offers value-add through lease-up of the vacant in-line mid-box space totaling 17,000 SF and contractual increases/renewals of the existing tenancy. The in-line retail shops are located on the NW side of Tractor Supply and are comprised of service oriented, e-commerce resistant tenants, including Cricket Wireless, L.A. Nails, and World Finance. The Property benefits from long term tenancy and staggered lease expirations which provide a balance of stable cash flow and future upside. The Property is shadow-anchored by Farmer’s Home Furniture (not included in this offering) and draws traffic to the center.

The Shoppers’ Center is located in Elbert County within the Greenville-Spartanburg-Asheville-Anderson designated market area. Elberton, located ±33 miles E of Athens and ±110 miles E of Atlanta, is the largest city in, and the county seat of, Elbert County, GA. Claiming the title of “Granite Capital of the World,” Elberton produces more granite monument products than any city in the world. The Property offers frontage on a main area thoroughfare and benefits from excellent visibility, accessibility and a direct traffic signal entrance on Elbert Street (AKA GA-72), as well as a second ingress/egress point. The immediate trade area includes a new 60,000 SF Ingles Market, Farmer’s Furniture on an adjacent site, Walmart Super Center, Badcock, Save A Lot, Ace Hardware, and a number of national fast food chains are also in the immediate vicinity. The Property’s location in one of Elberton’s main commercial districts ensures continued consumer demand and future retailer interest as evidenced by the long term tenancy. The Shoppers’ Center serving an extended rural trade area, and the Property’s location on GA-72 is ideal as it connects the city connects Elberton with Athens to the west and Greenwood, South Carolina, to the east drawing from a broad expanded trade area. The Property benefits from high traffic counts with ±20,550 VPD at the intersection of Elbert Street and Seaboard Street (2018). The Property’s 15-mile expanded trade area has a population of ±28,202 with an average household income of ±$55,791.

ADDRESS: 709 Elbert Street, Elberton, GA 30635 PROPERTY TYPE: Neighborhood Retail CenterPARCEL NUMBER: E34 002LEASEABLE SF: ±43,531 SF; 5 Retail UnitsSITE SIZE: ±5 AcresYEAR BUILT: 1992OCCUPANCY: ±60.95% (February 2020)IN-PLACE NOI: ±$77,062 (In-place 2020)PARKING: ±217ZONING: C-3 Commercial

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± 2 2 , 3 3 1 S F ( ± 5 1 % G L A )T E R M : 2 / 2 0 1 6 - 2 / 2 0 2 8B A S E R E N T: $ 5 2 , 4 7 7 . 8 0O P T I O N S W / I N C R E A S E S

Tractor Supply Company (NASDAQ: TSCO), the largest rural lifestyle retailer in the United States, has been passionate about serving its unique niche, as a one-stop shop for recreational farmers, ranchers and all those who enjoy living the rural lifestyle, for more than 80 years. As the inventors of the “do it yourself” trend, their customers handle practically every chore themselves, from repairing wells to building fences, welding gates together, constructing feed bins, taking care of livestock and pets, repairing tractors and trucks and building trailers for hauling.

Tractor Supply offers an extensive mix of products necessary to care for home, land, pets and animals with a focus on product localization, exclusive brands and legendary customer service that addresses the needs of the Out Here lifestyle. With over 32,000 team members, the Company leverages its physical store assets with digital capabilities to offer customers the convenience of purchasing products they need anytime, anywhere and any way they choose at the everyday low prices they deserve. As of December 28, 2019, the Company operated 1,844 Tractor Supply stores in 49 states and an e-commerce website at www.TractorSupply.com.

Tractor Supply Company also owns and operates Petsense, a small-box pet specialty supply retailer focused on meeting the needs of pet owners, primarily in small and mid-size communities, and offering a variety of pet products and services. As of December 2019, the Company operated 180 Petsense stores in 26 states.

F I N A N C I A L S

± $ 7 7 K N O I C A S H F L O W I N G

W I T H V A L U E A D D

O V E R $ 4 5 kI N R E C E N T C A P E X

REPLACEMENT FENCE$22,995

2017

TSC OUTSIDE STORAGE AREA

$5,0002017

SEAL AND STRIPE$5,939

2018

LED UPGRADES$6,750

2018

REPLACEMENT OF PYLON CABINET

$4,8002019