Single Tenant Investment Available For Sale 1100 W McNab Road, Fort Lauderdale, FL, 33309

Rise Realty Commercial Group

78 SW 7th St, Suite 500

Miami, FL 33130

www.RiseRealty.com

Keith Darby, CCIM

President

(305) 720-7925

keith@riserealty.com

2

Table of Contents

Investment Overview Pages 4-11• Investment Summary

• Exterior/Interior Photo(s)

• Site Aerial(s)

• Location Aerial

• Floorplans

• Expanded Aerial

Financial Information Pages 12-17• Tenant Overview

• Proforma

Market Information Pages 18-22• Information on Fort Lauderdale, FL

• Comparable Sales

• Demographics

• Business Employment

Rise Realty Capabilities Pages 23-26• Rise Realty

• How We Work

• Services

This document is being furnished to the recipient exclusively for the recipient’s own use and convenience. It is the responsibility of the recipient to assure itself that the information contained herein is accurate and complete. Any reliance on the contents shall be solely at the recipients own risk. This

document being produced to the recipient without any warranty or representation of any kind or nature, express or implied, as to its content, its suitability for any purpose, its accuracy, veracity or completeness. As a cushion for the potential buyer please consult a CPA or attorney before signing any

agreement to this offer.

Obtain a clearance before signing any document. Rise Realty expressly reserves the right at its sole discretion to reject any or all offers of the property and to terminate discussion with any party at any time with or without notice.

Please review the above information. If you send an offer or have a question, please via email at info@RiseRealty.com

3Investment Overview

4

Investment Summary

CHILDNET HEADQUARTERS

Property Address 1100 W McNab

Fort Lauderdale, FL

Property Type Class B Office Building (2 Stories)

Parcel Numbers 49-42-09-24-0020

Year Built 1971; Recently renovated in 2015

Zoning B-1-C

Size +/- 82,854 SF on +/- 6.85 AC

Parking +/- 525 Spaces: 6.3/1,000 SF

Occupancy 100%

Rent Commencement December 4, 2014

Lease Term Through 5/31/2025

Security Deposit $228,815.10

Rent $18.05/SF ($1,495,182.90) annually

2.6% increases

Est. NOI $1,163,372.18

Insurance $105,000

Property Taxes $226,810.72

OVERVIEW

This property is an +/- 82,854 SF office building located on +/- 6.85 AC of land at 1100 W

McNab Road, Ft. Lauderdale, Florida, which is currently leased to ChildNet until 5/31/2025.

ChildNet, the tenant, is a Community Based Care lead agency that manages the systems

and services and supports abused, abandoned and neglected children and their caregivers

for Broward and Palm Beach counties. ChildNet has been operating since 2001 and has

received annual budgets in excess of $100M.

The property improvements was constructed in 1971, renovated in 2004, and again in

2015. The main building is composed of +/- 75,354 SF first floor with a +/- 7,500 SF

mezzanine level. There is also a structured parking garage which offers 525 parking

spaces of a ratio of 6.3 spaces per 1,000 SF.

I-95 is located less than 1.5 miles east of the property. Additionally, the Florida Turnpike is

also easily accessible approximately 2 miles to the west.

INVESTMENT HIGHLIGHTS

• Located on McNab Road (+/- 18,500 VPD) just off Powerline Rd (+/- 37,500 VPD) and

within 2 miles of I95

• Great access to public transportation with multiple bus lines and Cypress Creek Tri-Rail

Station

• Hurricane proof glass and power

• Building with structured parking

5

Exterior Photos

6

Exterior Photos Cont.

7

Interior Photos

Generator Room Breakroom Area Reception Area

Server Room Employee Kitchen

Office Area

8

Aerial View

+/- 37,500 VPD

+/- 18,500 VPD

9

Floor Plan

10

Floor Plan

11

Expanded Aerial

Access:

Site to I-95: 1.5 Miles

Site to Turnpike: 2.0 Miles

Site to US1: 4.0 Miles

Site to I-75: 11.4 Miles

Site to I-595: 14.4 Miles

12Financial Information

13

Tenant Overview

ChildNet, the tenant, is a Community Based Care lead agency that manages the systems and services and supports abused, abandoned and neglected children and their

caregivers for Broward and Palm Beach counties. ChildNet has been operating since 2001 and has received annual budgets in excess of $100M.

ChildNet and its network of local providers and partners have significantly improved the quality of care for the most vulnerable children and their caregivers. ChildNet

manages this comprehensive system of care through partnerships, subcontracts and service agreements with local service providers.

14

Data Analysis

Acquisition Price $17,000,000

Plus Acquisition Costs $31,875

Plus Loan Costs $31,875

Minus Mortgages $12,750,000

Equals Initial Investment $4,313,750

Mortgage Data

Amount 1st Mortgage

Interest Rate 5.00%

Amortization Period 25

Loan Term 10

Payments/Year 12

Periodic Payment $74,535.23

Annual Debt Service $894,423

Loan Fees/Costs $31,875

Cost Recovery Data

Improvements Personal Property

Value

C.R. Method SL SL

Useful Life 39.0

In Service Date

Date of Sale

12 Months % Age 2.564%

11.5 Months % Age 2.457%

Basis Data

Acquisition Price $17,000,000

Acquisition Costs $31,875

Total Acquisition Basis $17,031,875

Property Name 1100 W McNab

Road

Location Fort Lauderdale,

FL

Type of Property Class ‘B’ Office

Building

Size of Property (sf/units) 82,854

Purpose of Analysis Single Tenant

Investment

15

Taxable Income and Cash Flow Analysis

Taxable Income

End of Year 1 2 3 4 5 6 7 8 9 10 11

Potential Rental Income $1,495,183 $1,534,058 $1,573,948 $1,614,866 $1,656,852 $1,699,930 $1,744,129 $1,789,476 $1,836,002 $1,883,738 $1,932,716

- Vacancy & Credit Losses

Effective Rental Income $1,495,183 $1,534,053 $1,573,943 $1,614,866 $1,656,852 $1,699,930 $1,744,129 $1,789,476 $1,836,002 $1,883,738 $1,932,716

+ Other Income (collectible)

Gross Operating Income $1,495,183 $1,534,053 $1,573,943 $1,614,866 $1,656,852 $1,699,930 $1,744,129 $1,789,476 $1,836,002 $1,883,738 $1,932,716

Total Operating Income $331,811 $340,438 $349,289 $358,371 $367,688 $377,248 $387,057 $397,120 $407,445 $418,039 $428,908

Net Operating Income $1,163,372 $1,193,620 $1,224,654 $1,256,495 $1,289,164 $1,322,682 $1,357,072 $1,392,356 $1,428,557 $1,465,700 $1,503,808

- Interest-First Mortgage $631,530 $618,080 $603,941 $589,080 $573,458 $557,037 $539,775 $521,631 $502,558 $482,510

- Loan Costs Amortization $3,188 $3,188 $3,188 $3,188 $3,188 $3,188 $3,188 $3,188 $3,188 $3,188

Real Estate Taxable Income $528,655 $572,353 $617,525 $664,228 $712,519 $762,458 $814,109 $867,537 $922,811 $980,003

Tax Liability (Savings) at 30% $158,597 $171,706 $185,258 $199,268 $213,756 $228,737 $244,233 $260,261 $276,843 $294,001

Cash Flow

Net Operating Income $1,163,372 $1,193,620 $1,224,654 $1,256,495 $1,289,164 $1,322,682 $1,357,072 $1,392,356 $1,428,557 $1,465,700

Annual Debt Service $894,423 $894,423 $894,423 $894,423 $894,423 $894,423 $894,423 $894,423 $894,423 $894,423

Cash Flow Before Taxes $268,950 $299,197 $330,231 $362,072 $394,741 $428,259 $462,649 $497,933 $534,134 $571,277

- Tax Liability (Savings) $158,597 $171,706 $185,258 $199,268 $213,756 $228,737 $244,233 $260,261 $276,843 $294,001

Cash Flow After Taxes $110,353 $127,491 $144,974 $162,804 $180,986 $199,522 $218,416 $237,672 $257,291 $277,291

16

Measures of Investment PerformanceEnd of Year 1 2 3 4 5 6 7 8 9 10

Value Using Acquisition Cap Rate $17,442,000 $17,895,000 $18,361,000 $18,838,000 $19,328,000 $19,830,000 $20,346,000 $20,875,000 $21,418,000 $21,975,000

Loan Balance $12,487,107 $12,210,764 $11,920,282 $11,614,939 $11,293,974 $10,956,588 $10,601,940 $10,229,149 $9,837,284 $9,425,371

Loan to Value 71.59% 68.24% 64.92% 61.66% 58.43% 55.25% 52.11% 49.00% 45.93% 42.89%

Debt Service Coverage Ratio 1.30 1.33 1.37 1.40 1.44 1.48 1.52 1.56 1.60 1.64

Return on Asset 6.84% 7.02% 7.20% 7.39% 7.58% 7.78% 7.98% 8.19% 8.40% 8.62%

Before Tax Cash on Cash 6.23% 6.94% 7.66% 8.39% 9.15% 9.93% 10.72% 11.54% 12.38% 13.24%

After Tax Cash on Cash 2.56% 2.96% 3.36% 3.77% 4.20% 4.63% 5.06% 5.51% 5.96% 6.43%

Acquisition Cap Rate 6.84%

Gross Rent Multiplier 11.37

Effective Tax Rate 24.32%

After Tax

EOY $

0 ($4,313,710)

1 $110,353

2 $127,491

3 $144,974

4 $162,804

5 $180,986

6 $199,522

7 $218,416

8 $237,672

9 $257,291

10 $277,276

IRR= 13.06% + $11,515,347

NPV @ 5.00% = $4,178,443

Before Tax

EOY $

0 ($4,313,750)

1 $268,950

2 $299,197

3 $330.231

4 $362,072

5 $394,741

6 $428,259

7 $462,649

8 $497,933

9 $534,134

10 $571,277

IRR= 17.26% + $12,736,219

NPV @ 5.00% = $6,605,554

17

Before Tax IRR

EOY Cash Flows Sale Proceeds

($4,313,750)

+ $12,736,219.40

1 $268,950

2 $299,197

3 $330,231

4 $362,072

5 $394,741

6 $428,259.46

7 $462,649.20

8 $497,933.07

9 $534,134.32

10 $571,276.80

IRR= 17.26%

Year Beginning

Investment

Amount

+

Amount

Earned/Return

On

=

Beginning

Amount Plus

Amount

Earned

-

Amount

Withdrawn/

Cash Flow

=

Ending

Investment

Amount

Return Of

1 $4,313,750 + $744,339 = $5,058,089 - $268,950 = $4,789,139 ($475,389)

2 $4,789,139 + $826,367 = $5,615,507 - $299,197 = $5,316,310 ($527,170)

3 $5,316,310 + $917,331 = $6,233,640 - $330,231 = $5,903,409 ($587,100)

4 $5,903,409 + $1,018,635 = $6,922,044 - $362,072 = $6,559,972 ($656,563)

5 $6,559,972 + $1,131,925 = $7,691,897 - $394,741 = $7,297,156 ($737,184)

6 $7,297,156

+

$1,259,126 = $8,556,282 - $428,259 = $8,128,023 ($830,867)

7 $8,128,023 + $1,402,493 = $9,530,516 - $462,649 = $9,067,866 ($939,844)

8 $9,067,866 + $1,564,663 = $10,632,530 - $497,933 = $10,134,597 ($1,066,730)

9 $10,134,597 + $1,748,728 = $11,883,324 - $534,134 = $11,349,190 ($1,214,593)

10 $11,349,190 + $1,958,306 = $13,307,496 - $13,307,496 = $11,349,190

TOTALS $12,571,914 $16,885,664 $4,313,750

18Market Information

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Information on Fort Lauderdale, FL

On March 27, 1911, the City of Fort Lauderdale is situated on the southeast

coast of Florida, centrally located between Miami and West Palm Beach.

With a population of 170,000, Fort Lauderdale is the largest Broward

County’s 31 municipalities and the eighth largest city in Florida.

Embraced by the Atlantic Ocean, New River and a myriad of scenic inland

waterways, Fort Lauderdale’s canals and charm have earned its nickname

“The Venice of America”.

Also known as a tourism-based economy, Fort Lauderdale now supports a

range of industries, including marine, finance, insurance, real estate,

manufacturing, high technology, film and television production. The economic

climate is helping the City of Fort Lauderdale to establish its world-class

international business center and one of a kind desirable location for new,

expanding or relocating business.

With a semi-tropical climate Fort Lauderdale offers natural beauty, culture,

entertainment and education amenities.

20

Comparable Sales

Address Name Yr/Blt/Renov Size Sale Price Price/SF % Leased Submarket

150 S Pine Island Rd iBERIABANK 1984/1999 102,007 SF $19,250,000 $188.71 96.0% Plantation

5900 Broken Sound Pky NW Broken Sound Plaza B – Phase II 2001 77,340 SF $11,560,000 $149.47 100% Boca Raton North

350 Jim Moran Blvd 1982/2011 55,356 SF $7,320,000 $132.24 79.5% Pompano Beach

150 S Pine Island Rd 5900 Broken Sound Pky NW 350 Jim Moran Blvd

21

Demographics

Population 1 mile 3 mile 5 mile

2017 Total Population 6,186 124,507 409,191

2022 Population 6670 132,435 434,733

Pop Growth 2017-2022 7.82% 6.37% 6.24%

Average Age 45.80 40.20 41.80

Households 1 mile 3 mile 5 mile

2017 Total Households 3,170 50,806 172,245

HH Growth 2017-2022 7.19% 6.04% 5.97%

Median Household Inc $43,111 $45,397 $46,048

Average Household Size 1,90 2.30 2.30

2017 Average HH Vehicles 1.00 1.00 1.00

Housing 1 mile 3 mile 5 mile

Median Home Value $138,603 $179,414 $181,457

Median Year Built 1977 1974 1974

22

Business Employment

Business Employment By Type # Businesses # Employees # Emp/Bus

Radius 1 Mile 3 Mile 5 Mile 1 Mile 3 Mile 5 Mile 1 Mile 3 Mile 5 Mile

Total Businesses 1,721 10,755 26,610 28,475 116,682 244,305 17 11 9

Retail 154 1,429 3,686 1,783 12,557 32,687 12 9 9

Wholesale 139 598 1,202 2,072 6,136 12,690 15 10 11

Hospitality & Food Service 84 422 1,320 1,544 6,421 19,499 18 15 15

Real Estate, Renting, Leasing 133 620 1,845 998 3,604 11,098 8 6 6

Finance & Insurance 206 779 1,926 1,691 5,965 11,883 8 8 6

Information 55 256 572 5,207 8,564 11,128 95 33 19

Scientific & Technology Services 277 1,319 3,322 2,973 8,975 19,933 11 7 6

Management of Companies 2 12 32 6 34 98 3 3 3

Health Care & Social Assistance 122 1,480 3,784 1,707 17,556 34,857 14 12 9

Education Services 22 168 447 525 4,692 12,989 24 28 29

Public Administration & Sales 9 129 342 183 4,286 8,540 20 33 25

Arts, Entertainment, Recreation 22 137 373 1,125 2,207 3,844 51 16 10

Utilities 0 4 11 0 245 365 0 61 33

Admin Support & Waste Management 127 618 1,442 1,803 8,043 13,921 14 13 10

Construction 135 1,069 2,188 1,793 8,894 18,022 13 8 8

Manufacturing 127 545 1,068 3,568 9,643 14,739 28 18 14

Agriculture, Mining, Fishing 0 13 26 0 142 178 0 11 7

Other Services 107 1,157 3,024 1,497 8,718 17,834 14 8 6

23Rise Realty Overview

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RISE Realty Commercial Group

Rise Realty is a specialized real estate brokerage and advisory firm located in

South Florida. Its foundation for success is built upon trust, expertise, and first

class service. As such, the team consists of highly trained, distinguished leaders

and experienced professionals who are committed to excellence.

The firm specializes in services such as owner representation, tenant

representation, investment sales and project services for office, industrial and

retail properties. The firm’s professionals leverage the industry’s most advanced

market information and research sources, then combine their experience in

representing clients on both sides of transactions – tenants and

owners/developers – with their ability to provide innovative, practical solutions

and strategic counsel. The team possesses significant knowledge in office and

industrial space selection, property lease-up, land assemblage, building sales,

acquisitions, general development and building construction.

Upon demand from its clients, Rise Realty expanded into a full service firm with

commercial, residential and property management divisions including legal and

financial counsel all available under one trusted roof. Rise Realty stands ready

and well equipped to serve its clients in the local and international marketplace.

R

I

S

E

espect

xcellence

ervice

ntegrity

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How We Work

As a service provider, Rise Realty first works with its clients in determining

their needs and assessing their objectives. It then uses its experience,

market knowledge and state-of-the-art resources in meeting those needs and

achieving the objectives. The team develops a comprehensive step-by-step

strategic plan to ensure the successful execution of the transaction in a

timely manner.

As an industry leader, Rise Realty offers the most current market research

available and has access to a constant flow of information within its vast

network on market products, trends, and developments. Continual and

comprehensive data collection and assessment are used to assist in the

daily decision-making process. Each client receives information relevant to

their respective requirements so they may make the most informed and

therefore, successful decisions possible.

Rise Realty customizes and creates the optimum blend of services based on

client’s specific real estate requirements with a strategy that guarantees

success in identifying the most efficient space and then negotiates the best

economical terms to ultimately increase the bottom line.

26

Services

Tenant Representation

RISE Realty specializes in providing experienced

representation for business owners and executives

to achieve the lowest cost of occupancy for their

business locations. If your lease is expiring, needs

restructuring or you are considering expansion,

RISE Realty offers a full range of tenant

representation services to meet your requirements.

Owner Representation

Owner representation services from RISE Realty

give landlords and property owners a strategic

partner for marketing, leasing and selling

commercial properties in South Florida. We have

successfully helped our clients maximize the

income and return produced by the properties

represented.

Investment Sales

RISE Realty managing broker Keith Darby is

uniquely qualified to manage commercial real estate

investments as a Certified Commercial Investment

Member (CCIM) among the top 5% in commercial

real estate business. If you are investing in

commercial real estate, speak with a CCIM broker

first to maximize your return on investment.