Metro Plaza | 100% Occupied Multi Tenant

100% OCCUPIED MULTI TENANT RETAIL / STRONG TENANT PERFORMANCE AND COMMITMENT

• All Tenants have expressed interest in early lease extension.
• Tenant Mix is non-credit and mom/pop providing local market servicing which increase business profitability for tenant.
• Surrounding national credit tenants creating excellent retail synergies for local market mom/pop tenants.

PROFORMA CAP RATE OF 8% / CURRENTLY UNDER-MARKET RENTS, EXPECTED TO BE RAISED WITH EARLY LEASE EXTENSIONS

• Rental Increase expected by Q2 of 2025.
• Fully leased plaza with rents currently below market.
• Majority of Tenants have expressed interest in extending leases to provide credibility to the area.

DENSE LOCAL MARKET NEIGHBORHOOD PLAZA WITH CREDIBLE DEMAND GENERATORS | CLOSE PROXIMITY TO HIGH SCHOOL & UNIVERSITY

• Less than One (1.0) mile away from Benjamin Bosse High School which is a local neighborhood high school with an enrollment of 1,000 students and faculty.
• Benjamin Bosse High School notably known for it’s athletic program with notable alumni ranging from NFL to NBA players.
• University of Evansville Indiana is a Four (4) year public college university with an endowment of more than $100 million and a student and faculty enrollment of more than 3,000.
• University of Evansville also known for it’s athletic programs being award-ed as a NCAA Division I University and #7 of top Universities within the Midwest of the US.

PREMIUM HIGH TRAFFIC COUNTS OF 25,000 CARS PER DAY | DENSE TRAFFIC CORNER WHICH PROVES LOCAL MARKET DESIRABILITY

• Property is located on a signalized hard corner with traffic counts exceeding 25,000 cars per day. This demonstrates credibility to the local market success of a neighborhood strip center.
• Desirability and credibility to the future success of tenants with a 5 mile population exceeding 120,000 people and an average household income of $59,828.
• Evansville is the third largest city, by volume, in Indiana.