Exclusive Investment Offering: Condominium Interest - Transwestern

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42 TRANSWESTERN ASSET INVESTMENT SALES GROUP | EXCLUSIVE INVESTMENT OFFERING Financials
43 Financial Summary and Assumptions PROPERTY DESCRIPTION Building Name The Shops at the Broadway Building Address 502 W Broad St. Falls Church, Virginia Property Type Retail Size of Building Rentable SF 14,583 GLOBAL Analysis Period Commencement Date January 1, 2008 End Date December 31, 2017 Term (Years) 10 Growth Rate (CAM, Insurance and RET) 3.00% General Vacancy Rate (reduced by absorption & turnover vacancy) Hollywood Video 1.00% Other Tenants 3.00% EXPENSES Management Fee (% of EGR) 3.00% Operating Expense Source Based on 2008 budget Real Estate Taxes Source From the ownership FUTURE LEASING ASSUMPTIONS Retention Ratio 80.00% Lease Term Retail (0 SF- 2,999 SF) Five (5) Years Retail (3,000 SF & Larger) & Storage Ten (10) Years Current Market Rent (PSF Per Year) Retail $45.00 Storage $12.00 Annual Rental Escalation 3.00% Expense Recovery Type Triple Net (pro rata share) Tenant Improvements Per SF New Retail $7.00 Storage $0.00 Renew $0.00 Leasing Commissions New 4.00% Renew 0.00% Downtime Three (3) Months t h i s i n f o r m a t i o n h a s b e e n o b t a i n e d f r o m s o u r c e s b e l i e v e d r e l i a b l e. w h i l e w e d o n o t d o u b t i t s a c c u r a c y, w e h a v e n o t verified it a n d m a k e n o g u a r a n t e e, w a r r a n t y o r r e p r e s e n tat i o n a b o u t it. it is y o u r r e s p o n s i b i l i t y t o c o n f i r m i n d e p e n d e n t l y i t s a c c u r a c y a n d c o m p l e t e n e s s . a n y p r o j e c t i o n s, o p i n i o n s, a s s u m p t i o n s o r e s t i m at e s u s e d ar e f o r e x a m p l e o n l y an d do n o t r e p r e s e n t t h e c u r r e n t o r f u t u r e p e r f o r m a n c e o f t h i s p r o p e r t y. t h e v a l u e o f t h i s t r a n s a c t i o n t o y o u d e p e n d s o n t a x a n d o t h e r s f a c t o r s w h i c h s h o u l d b e e v a l u a t e d b y y o u r t a x , f i n a n c i a l , a n d l e g a l a d v i s o r s. y o u a n d y o u r a d v i s o r s s h o u l d c o n d u c t a c a r e f u l , i n d e p e n d e n t i n v e s t i g at i o n o f t h e p r o p e r t y to d e t e r m i n e t h e suitability o f t h e p r o p e r t y to m e e t yo u r n e e d s . The Broadway Residential Entrance Along N. Lee Street ASSET INVESTMENT SALES GROUP
Page 1 and 2: and Exclusive Investment Offering:
Page 3 and 4: and 4 Executive Summary • Offerin
Page 5 and 6: The Shops at The Palladium
Page 7: 7 combined traffic count of over 50
Page 10 and 11: 10 Driving Directions From Ronald R
Page 13: 13 x Offering Highlights Title of P
Page 16 and 17: 16 TRANSWESTERN ASSET INVESTMENT SA
Page 18 and 19: 18 Retail Site Plan Hoang’s Stora
Page 20 and 21: 20 Parking Plans Surface Parking
Page 22 and 23: Hoang’s Grill and Sushi Bar at Th
Page 25 and 26: 25 Falls Church Overview Falls Chur
Page 27 and 28: uide A Guide to the to the City Cit
Page 29 and 30: 29 4 THE READ BUILDING 5 NORTHGATE
Page 31: 31 Transportation Overview Resident
Page 34: 34 Market Overview The Falls Church
Page 37 and 38: Little River Tpke 37 Map of Retail
Page 39 and 40: 39 Tenant Profiles Hollywood Video
Page 44 and 45: 44 Rent Roll Tenant Name Type & Sui
Page 46: 46 Cash Flow Model Cash Flow Model
Page 52 and 53: 52 Retail Site Plan StarNut Gourmet
Page 54 and 55: 54 Parking Plans Surface Parking Bu
Page 58: 58 Fairfax County Comprehensive Pla
Page 62 and 63: StarNut Gourmet at The Shops at The
Page 64 and 65: 64 Market Overview The McLean Retai
Page 66 and 67: 66 McLean Retail Competitive Set Pr
Page 70 and 71: 70 Combined Tenant Expiration Sched
Page 74 and 75: 74 Rent Roll Tenant Name Type & Sui
Page 76: 76 Cash Flow Model Cash Flow Model

Exclusive Investment Offering: Condominium Interest - Transwestern

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