ZOËS KITCHEN STRIP CENTER JAMES CAPITAL ADVISORS, INC.

ZO?S KITCHEN STRIP CENTER

JAMES CAPITAL ADVISORS, INC.

JAMES CAPITAL ADVISORS

MARKETING PACKAGE

ZO?S Kitchen STRIP CENTER

6275 University Dr NW

Huntsville, AL 35806

CONTENTS

PAGE

Investment Summary

03

Retail Aerial

04

Investment Highlights

05

Rent Schedule

06

Developments

07

Retail Aerial

10

Site Plans

11

About the Brand

13

Location Overview

14

CONTACT INFORMATION

Richard Brehaut

Vice President (424) 325-2608 richard@

TONY ANDERSON

Vice President

(424) 325-2615 tony@

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ZO?S KITCHEN STRIP CENTER - HUNTSVILLE, AL

INVESTMENT SUMMARY

Street Address City State Zip Cumulative GLA Lot Size Year Built

6275 University Dr NW. Huntsville AL 35806 11,543 SF 1.64 AC 2003

Gross Potential Rent Expense Reimbursements Gross Potential Income Vacancy Allowance Effective Gross Income Total Operating Expenses Net Operating Income

$240,967.33 $23,971.20

$264,938.53 $10,041.00

$254,897.53 $23,971.20

$230,926.33

$3.2M $3,298,948

PURCHASE PRICE

7.00% 7.00%

CAP RATE

$230K $230,926

NET OPERATING INCOME

Price / SF

$285.80

03

6275 UNIVERSITY DR NW, HUNTSVILLE, AL 35806

ZO?S KITCHEN STRIP CENTER - HUNTSVILLE, AL

RETAIL AERIAL

04

6275 UNIVERSITY DR NW, HUNTSVILLE, AL 35806

ZO?S KITCHEN STRIP CENTER - HUNTSVILLE, AL

INVESTMENT HIGHLIGHTS

Long-Term Tenancy Most of the tenants have been at this site for at least a decade or have committed 10 years of leaseterm to the property. This is indicative of how well these businesses are performing due to the strong economic synergy that exists in the area.

Diverse Tenant Mix Firehouse Subs, Jewelry Repair Center, Sports Clips, Summit Nails and Zoe's Kitchen are tenants that have not only committed to the site for at least a decade but are also all internet resistant, which adds an additional layer of security to this investment.

MidCity District Development The subject property is less than a mile from MidCity District Development, recently cited as one of the 12 largest commercial real estate projects in the nation. Once completed, the development will include 350,000 sq ft of retail, dining and entertainment space, approximately 400,000 square feet of high-tech office space, 1,400 residential units and approximately 650 hotel rooms.

Institutional Economic Community Drivers According to Harrison Diamond, Huntsville Business Relations Officer, one in four workers are employed in the tech industry; which rivals Silicon Valley's numbers. Built on a rich history of NASA rocket science, aerospace innovation, and defense engineering, the Rocket City has become a fertile crescent for an evolving science and defense mission in the U.S.

Exponential Population Growth Also known as "The Star of Alabama", Huntsville is the Yellowhammer State's fastest-growing city. Huntsville population expected to grow roughly 8.12% between 2019-2024.

Dense Retail Corridor This site is located at the epicenter of Huntsville's retail corridor with nationally recognized brands such as Walmart, Kroger, Super Target, Five Below, IHOP, Buffalo Wild Wings, Ross, Stein Mart and many more

Pad to 665,000+ Sq Foot Power Center Westside Centre is a 665,000 sq foot power center anchored by major retail drivers such as Super Target, Stein Mart & Ross.

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6275 UNIVERSITY DR NW, HUNTSVILLE, AL 35806

ZO?S KITCHEN STRIP CENTER - HUNTSVILLE, AL

RENT SCHEDULE

TENANT Firehouse Subs Jewelry Repair Center Sports Clips Summit Nails Zo?s Kitchen

LEASE COMMENCEMENT 7/11/2003 1/10/2011 8/22/2011 3/26/2004 6/11/2012

LEASE EXPIRATION 6/30/2024 2/28/2021 12/31/2021 8/31/2024 11/30/2022

ANNUAL RENT $45,240 $27,053 $32,400 $68,954 $67,320

OPTIONS None None One (1), 5-Year One (1), 5-Year Four (4), 5-Year

GLA 2,000 SF 1,500 SF 1,600 SF 3,043 SF 3,400 SF

LEASE TYPE Triple-Net (NNN) Triple-Net (NNN) Triple-Net (NNN) Triple-Net (NNN) Triple-Net (NNN)

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6275 UNIVERSITY DR NW, HUNTSVILLE, AL 35806

ZO?S KITCHEN STRIP CENTER - HUNTSVILLE, AL

developments ? less than a mile away from subject property

07

MidCity District Development

Recently cited as one of the 12 largest commercial real estate projects in the nation, MidCity District is a nationally acclaimed mixed-use district located in the heart of Huntsville, AL & less than a mile away from the subject property. Private investment at MidCity District is estimated to exceed $850 Million over the next 5 years.

Built on land formerly occupied by a regional mall, MidCity District was planned through careful research into how people congregate, what communities look for in a place, and how venues, buildings, parks and public spaces can be used in varied ways. Fitness and recreation, public gathering areas, walkable streets, inspired architecture, vibrant neighborhoods and intimate spaces form MidCity.

The Offering

MidCity District offers a balanced mix of uses connected by urban plazas and walkable streets, adjacent to a 40-acre public park that integrates a functional lake system, an 8,500-seat regional outdoor public amphitheater, Topgolf, multi-purpose lawns, and an outdoor climbing area. A one-mile biking and running trail will encircle the lake and recreational area. The trail will also connect to the City's Master Greenway Plan, the University of Alabama in Huntsville's campus expansion, and the trail system in Cummings Research Park.

Once complete, the development will include 350,000 sq. ft. of retail, dining, and entertainment space; approximately 400,000 square feet of high-tech office space; 1,400 residential units; and approximately 650 hotel rooms. Building on the reputation of the City, it will create a new destination designed to be a social and economic focal point for the diverse and dynamic community, as well as a tool for recruitment and retainment of the younger workforce.

6275 UNIVERSITY DR NW, HUNTSVILLE, AL 35806

ZO?S KITCHEN STRIP CENTER - HUNTSVILLE, AL

Cummings Research Park

Cummings Research Park The subject property is 0.25 miles from Cummings Research Park West and 1 mile from Cummings Research Park East areas within the Cummings Research Park, the second largest research park in the country and the fourth largest in the world. It is one of the world's leading science and technology business parks, with a mixture of Fortune 500 companies, local and international high-tech enterprises. The mixed-use project was originally established as a nearby place to offer services to employees inside the Park but soon became a booming regional retail destination.

Their mission is to create a mix of high-tech companies of all sizes amongst highly-competitive educational institutions with mixed-use developments for their companies, employees and students to live, work, learn, and play. With nearly 300 companies, 27,000 employees and 11,500 students, the Cummings Research Park is a collaborative and connected ecosystem. This research park is a powerful component to the long-term viability of the Westside Centre and all the surrounding retailers.

Cummings Research Park

Intuitive Center Landmark

Park of the Future

Cummings Research Park is redesigning itself for the future to become something that is beyond a research park. The Chamber of Commerce of Huntsville/Madison County and officials with the City of Huntsville began a new 50-year master plan for CRP. They are ensuring that the park is the premier place to locate and expand, the place where your employees want to work, where your friends and family want to explore and enjoy. The master plan builds on the existing characteristics of CRP in its form, structure and land use. This master plan will ensure unlimited development potential over the next decades.

The plan includes an overhaul of the park's image as well as incorporating new and additional outdoor amenities to further connect the park with way-finding signs, greenways, bicycle and pedestrian pathways, and pocket parks. In addition, the park will be supported by programming and services such as food truck fests, tech talks and lecture series', musical events, tours, and more connected and collaborative activities.

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6275 UNIVERSITY DR NW, HUNTSVILLE, AL 35806

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