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Exclusive Investment Offering: Condominium Interest - Transwestern

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66<br />

McLean Retail Competitive Set<br />

Property & Size Property Type Building Size Year Built Major Tenants Percent Leased<br />

1 Chain Bridge Corner<br />

1446-1454 Chain Bridge Road<br />

Anchored Shopping Center<br />

118,000 SF<br />

1,500 SF Vacancy<br />

1973 Giant Food, CVS 98%<br />

2 6811-6815 Old Dominion Drive Unanchored Retail Strip 19,300 1956 McLean Hardware, Chesapeake<br />

Bagel Bakery<br />

100%<br />

3 McLean Center<br />

1427-1439 Center Drive<br />

Unanchored Retail Strip 9,420 n/a Pool Doctors, McLean Cigar 100%<br />

4 McLean-Chain Bridge Center*<br />

1451 Chain Bridge Road<br />

Anchored Shopping Center<br />

(Closed Former Giant)<br />

32,000 n/a Total Wine & More,<br />

Books A Million<br />

100%<br />

5 McLean Commerce Building<br />

1471-1475 Chain Bridge Road<br />

2-Story Retail 25,000 1968 Minute Man Press,<br />

The Kitchen Guild<br />

100%<br />

6 Langley Shopping Center<br />

1362-1392 Chain Bridge Road<br />

7 Old McLean Village<br />

1352-1354 Old Chain Bridge Rd<br />

8 Salona Village Shopping Center<br />

1313-1351 Chain Bridge Rd<br />

9 The Commons Shopping Center<br />

1330 Chain Bridge Road<br />

Unanchored Shopping Center 39,800 n/a R&M Lighting, Three Pigs 100%<br />

3-Story Retail 30,000 1978 Kwik Copy Printing, Nail Salon 100%<br />

Unanchored Shopping Center 26,900 1968 Le Grand Café 100%<br />

Anchored Shopping Center 37,000 1969 Safeway, Rite Aid, Blockbuster 100%<br />

10 The Market Place<br />

6830 Old Dominion Drive<br />

Retail building on 2-levels 25,000 1991 Sona Bank, The Greek Taverna<br />

Ocean M Restaurant<br />

100%<br />

11 6707 Old Dominion Drive 1st Floor Retail 30,300 1980 Hair Cuttery, Face & Body Spa<br />

Creative Hairdressers<br />

100%<br />

McLean Retail Lease Comparables<br />

Property & Size Property Type Tenant Tenant Size<br />

Rent (NNN)<br />

& Escalations Lease Type Term<br />

A 1436-1438 Chain Bridge Road Unanchored Retail Undisclosed 1,690 $57.00 - 3%/yr New 10 yr<br />

9,540 SF 1,220 $45.00 - 3%/yr New 5 yr<br />

904 $45.00 - 3%/yr New 5 yr<br />

870 $45.00 - 3%/yr New 5 yr<br />

B The Madison Building Anchored McEnearney Realtors 1,795 - 1,898 $65.00 - 3%/yr New 5 yr<br />

1320 Old Chain Bridge Road Boone & Sons Sublet 1,326 $50.00 - 3%/yr Sublet 5 yr<br />

81,200 Sq. Ft. The Jewelry Store 1,135 $45.00 - 3%/yr New 5 yr<br />

* Photo not available

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