Fisher's Landing Plaza

* High Occupancy Retail Center – Fisher’s Landing, a 100% leased NNN strip center offering retailers with a hard corner location situated along one of the area’s major arterials, providing excellent access and visibility to passing motorists and easy access to major highways and interstates.

* Future Pad Development Potential – The opportunity offers a unique opportunity to add additional value and income to the property through the development of the ±68,389 SF of vacant pads. Through the development and lease up of the space, these pads are estimated to generate an additional $180,000 of NOI.

* Exceptional Income Growth – Due to scheduled rental increases, and rolling below-market rents, the in-place NOI is expected to increase more than $157,000 (28%) over the projected hold period, representing a 2.5% CAGR before factoring in pad lease up income.

* Strong Surrounding Residential and Retail Density – Fisher’s Landing sits within a dense infill area of the Vancouver/Portland metropolitan area with an approximate 89,200 daytime population within 3 miles and surrounded by multiple strong credit tenants including Fred Meyer, New Seasons Market, Walgreens, Target, BevMo! and others all less than a mile from the site, proving the viability of this retail location.

* Affluent, Growing Vancouver Demographics – Vancouver represents the fastest-growing region in the greater Portland Metro. Within the Vancouver/Portland metropolitan area, the City of Vancouver benefits from differing governmental regulations from Portland. Residents are attracted to the Vancouver side of the Columbia River due to its lower cost of living and absence of income taxes while still proximate to the denser downtown area of Portland where many work.

* More than 19,800 residents with AHI’s exceeding $104,100 within a 1-mile radius.

* More than 91,700 residents with AHI’s exceeding $113,200 within a 3-mile radius.

* More than 202,400 residents with AHI’s exceeding $111,900 within a 5-mile radius.