NEWLY BUILT, HIGH CREDIT NEIGHBORHOOD CENTER WITHIN FAST GROWING AND AFFLUENT NAPLES, FL MARKET

O F F E R I N G S U M M A R Y

N A P L E S . F L

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N A P L E S . F L

Holliday Fenoglio Fowler, L.P. (“HFF”) is pleased to present the opportunity to acquire Stock Plaza—a newly

built, 65,297 SF neighborhood center in the fast growing and affluent city of Naples, FL. Stock Plaza was

delivered in mid-2018 by one of SW Florida’s premier developers and was quickly leased to 88.7% (seller

to master lease remaining vacancies up to 100% occupancy) with strong tenant interest to fully occupy

any remaining vacancy. The market’s reception to this new development has been equally robust as

the combination of restaurant, service, specialty retail, and medical uses has been well received by both

the surrounding residential and daytime employee populations. The offering represents an opportunity

for an investor to acquire an institutional-quality property in a highly desirable Florida market that will

require limited future capital investment while providing stable and growing cash flow from a dynamic

roster comprised of investment grade, national, and successful local tenants.

INVESTMENT HIGHLIGHTSNewly built mixed-use property with ±17.8% NOI growth located within a fast growing and affluent neighborhood of Naples

Stable income profile with 9.6 years WALT (18.5 years WALT with options) which provides consistent levered cash flow yield

Over 40% of the current income is provided by investment grade or national tenants

Immaculate improvements with modern retail architectural features, ample parking, gathering areas and lush landscaping

Fully internet-resistant tenant roster leased to service, restaurant, and medical uses

Diverse and fungible tenant roster averaging 3,000 SF and shallow bay depths

Strategically situated at the signalized entrance to Lely Resort with 4,500+ units and across the street from Veronawalk (2,500+ units)

Affluent Naples market and within close proximity to daytime population drivers

Desirable and growing residential market surrounded by some of the area’s most prestigious golf course communities

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401

101 102 103 106 107 108 301 302 303 304 305 306 307

501 502 503 504-505 506402 403

GR

AN

D L

ELY

DR

G

RA

ND

LE

LY D

R

CLASSIC DRCLASSIC DR

COLLIER BLVD (30,000 VPD)COLLIER BLVD (30,000 VPD)

Occupied

Master Leased

404

Suite Tenant Name SF

101 Skillets 4,000

102 Noire the Nail Bar 1,600

103 Premier Sotheby's 4,647

106 Groves Pool Supply 1,447

107 Palumbo's Pizza 1,636

108 Saki Japanese Hibachi 1,680

201 NCH Healthcare 11,332

202 NCH Healthcare 11,895

301 Tropical Smoothie Cafe 1,800

302 Naples Oxygen 1,470

303 master lease unit 303 1,484

304 master lease unit 304 1,568

305 master lease unit 305 1,365

306 master lease unit 306 1,651

307 master lease unit 307 1,332

501 Five Guys 2,300

502 RJF Ecocleaning 1,258

503 California Closets 1,258

506 AT&T 1,508

401-402 Sherwin Williams 3,120

403-404 Heartland Dental 4,000

504-505 Massage Luxe 2,946

Total 65,297

88.7%OCCUPANCY

65,297SQUARE FEET

$26.22AVG RENTAL RATE

40%INVESTMENT GRADE

TENANTS

9.6 YRSWALT

±17.8%10-YEAR

NOI GROWTH

±9.0ACRES

541

41

RATTLESNAKE HAMMOCK RDRATTLESNAKE HAMMOCK RD

TAMIAM

I TRAIL

TAMIAM

I TRAIL

COLL

IER B

LVD

COLL

IER B

LVD

ST ANDREWS BLVDST ANDREWS BLVD

LELY

RE

SO

RT

BLV

D

LELY

RE

SO

RT

BLV

D

WILDFLOWER WAY

WILDFLOWER WAY

G

RA

ND

LE

LY DR

GR

AN

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ELY DR

1-M

ILE

RA

DIU

S

1-M

ILE

RA

DIU

S 443+ Units

2,500+ Units

4,500+ Units

TAMIAMI CROSSINGSHOPPING CENTER

SHOPS AT EAGLE CREEKSHOPPING CENTER

FREEDOM SQUARESHOPPING CENTER

WINDING CYPRESS592+ Units

EAGLE CREEKSHOPPING CENTER

NAPLES LAKEVILLAGE CENTER

$

D E M O G R A P H I C S W I T H I N A 5 - M I L E R A D I U S :

63,323+

POPULATIONAVERAGE HOUSEHOLD POPULATION GROWTHMEDIAN HOME

INCOME VALUE 9.2%

$81,643+ $266,548 5-YEARHOUSEHOLD SIZE2.2 AVG

Tallahassee

Miami

Fort Lauderdale

Palm Beach

Orlando

GEORGIAALABAMA

Tampa

Jacksonville

Fort Myers

NAPLES

Pensacola

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Miami Office: 1450 Brickell Ave. Suite 2950 Miami, FL 33131 T 305.448.1333 F 305.448.6767

Holliday Fenoglio Fowler, L.P. (“HFF”) a Florida licensed real estate broker.

HFF has been engaged by the owner of the to market it for sale. Information concerning the property described herein has been obtained from sources other than HFF, and neither Owner nor HFF, nor their respective equity holders, officers, employees and agents makes any representations or warranties, express or implied, as to the accuracy or completeness of such information. Any and all reference to age, square footage, income, expenses and any other property specific information are approximate. Any opinions, assumptions, or estimates contained herein are projections only and used for illustrative purposes and may be based on assumptions or due diligence criteria different from that used by a purchaser, and HFF, its partners, officers, employees and agents disclaim any liability that may be based upon or related to the information contained herein. Prospective purchasers should conduct their own independent investigation and rely on those results. The information contained herein is subject to change.

©2018 Holliday Fenoglio Fowler, L.P., HFF Real Estate Limited (collectively, “HFF”), HFF Securities L.P. and HFF Securities Limited (collectively, “HFFS”) are owned by HFF, Inc. (NYSE: HF). HFF and its affiliates operate out of 26 offices and are a leading provider of commercial real estate and capital markets services to the global commercial real estate industry. HFF, together with its affiliates, offers clients a fully integrated capital markets platform including debt placement, investment advisory, equity placement, funds marketing, M&A and corporate advisory, loan sales and loan servicing. For more information please visit hfflp.com or follow HFF on Twitter @HFF.

Investment Advisors:

LUIS CASTILLO Managing Director Tel 305.448.5498 lcastillo@hfflp.com

Capital Markets:

NAT SCARMAZZI Director Tel 305.421.6545 nscarmazzi@hfflp.com

MEGAN FITZPATRICK Analyst Tel 305.421.6555 mfitzpatrick@hfflp.com

MASON ELIZONDO Analyst Tel 786.532.2344 melizondo@hfflp.com

ERIC WILLIAMS Director Tel 786.532.2346 ewilliams@hfflp.com

DANNY FINKLE Senior Managing Director Tel 305.421.6544 dfinkle@hfflp.com

hfflp.com