AVENTURA DEVELOPMENT SITE

20955 BISCAYNE BOULEVARD AVENTURA, FL

Note: This offering subject to errors, omissions, prior sale or withdrawal without notice

AVENTURA MALL

TURNBERRY ISLE RESORT COUNTRY CLUB

GULFSTREAM PARK RACING AND CASINO

AVENTURA HOSPITAL

SUNNY ISLES BEACH GOLDEN BEACH

JORGE A DAVILA, P.A. jdavila@thekatsikosgroup.com Ph: (305) 776-2166

CONFIDENTIAL OFFERING SUMMARY

AVENTURA DEVELOPMENT SITE

Note: This offering subject to errors, omissions, prior sale or withdrawal without notice

INVESTMENT OPPORTUNITY

The Katsikos Group (TKG), is pleased to exclusively offer an exceptional opportunity to acquire the Riverside Gordon Memorial Chapel Development Site, one of the few available development sites in the thriving and high barrier to entry City of Aventura. The Site consists of 1.38 net acres of land and a 1 story 10,032 +/- square foot funeral home. The Site’s Land Use is Business and Office, it is Zoned Office Park (OP) District with an Maximum FAR of 2.0 allowing for 120,225 square feet of development with a maximum of 10 stories. Under the OP zoning, hotels are permitted with a minimum area of 300 SF per room. Riverside Gordon has approximately 200 feet of frontage on Biscayne Boulevard and is only blocks away from some of the area’s strongest urban and high center street retail markets including Aventura Mall, Gulfstream Park Racing and Casino, Aventura Commons and Loehmann’s Plaza. The Site also features frontage/access on 209th Street (300 feet) and 210th Street (225 feet) enabling numerous ground up development scenarios.

OFFERING HIGHLIGHTS

Irreplaceable Aventura location on Biscayne Boulevard Office Park Zoning allows 120,225 SF of development High barriers to entry for commercial developments Extensive uses permitted— Offices, Medical (Hospitals

and Clinics), Banks, School, Restaurants and Hotels Prime location in one of Miami-Dade County’s

strongest and most desirable markets Convenient local walking amenities: Hospital, Places

of Worship and Shopping

Address: 20955 Biscayne Boulevard, Aventura, FL Land Acreage: 1.38Acres Square Footage: 60,112 Zoning: Office Park District

Note: This offering subject to errors, omissions, prior sale or withdrawal without notice

Investment Highlights

CITY OF AVENTURA

Incorporated in 1995, Aventura Florida is one of Miami-Dade's most vibrant communities. Spanning 3.2 square miles with a population of 37,262 , beautiful Aventura is one of Florida’s most densely populated places. Located on the Intracoastal Waterway in northeast Miami-Dade County, Aventura is 12 miles north of Miami, 12 miles south of Fort Lauderdale and 1 mile west of the Atlantic Ocean.

With its location between two major South Florida airports (Miami International Airport and Fort Lauderdale-Hollywood International Airport), Aventura offers its residents optimum convenience.

SITE OVERVIEW

AVENTURA MALL

Aventura Mall is an upscale super-regional shopping mall in Aventura, Florida. Aventura Mall is the top grossing center in the southeast and one the top five grossing centers in the U.S.

It is the largest conventional shopping mall in Florida, having a gross leasable area of 2,700,000 square feet, and is the third largest shopping center in the United States. The mall has three floors of retail space, comprising more than 300 retailers. In addition there is a food court with eighteen fast food eateries, as well as several chains and other restaurants at the mall's en-trance.

The mall is currently anchored by Nordstrom, Bloomingdale's, J.C. Penney, Macy's (in two separate locations), Sears, and AMC Aventura 24 Theatres. The mall also serves as a transit hub between Miami-Dade Transit and Broward County Transit, as each has several routes that meet there.

Miami Market is Experienceing Incredible Growth

With Miami’s gross product rising each year since 2010, from $253 million to $274 million, and personal income growth averaging 5.4%, Miami strengthening purchase power is fueling a growing appetite county wide for new upscale offerings.

Demand in the Office sector continues to increase in Miami and several suburban submarkets are experiencing escalating rates, tenants are eager to renew, and expand. Landlords also continue to gain leverage. As of the Second Quarter 2016 the Aventura office market has over 1,058,000 square feet of Class A and B with 5% vacancy and averaging rates of $45.64 psf. Both vacancy and rent rates beat Miami’s average of 13.5% va-cancy and $36.47 asking rates (JLL Research).

AVENTURA HOSPITAL

Aventura Hospital is a fully accredited 407-bed acute care facility providing award-winning inpatient and outpatient diagnostic, medical, surgical and cancer services.

The Hospital recently invested $130 million in expansions and renovations. The new North Patient Tower features 243 private rooms with private baths, the newest technologically advanced patient care equipment, a 28 bed-Emergency Department, 2 new ICU units, the Surgical Services Suite with 10 new oversized oper-ating rooms, a new Main Entrance and much more.

The Hospital’s economic impact in 2013 was $211,960,000.

PRIME AVENTURA DEVELOPMENT SITE

8669 NW 41 Street, Suite 315 Miami, Florida 33166 Telephone: (305) 717-1880 www.thekatsikosgroup.com

Jorge A. Davila, P.A. (305) 776-2166 jdavila@thekatsikosgroup.com

No warranties or representations, expressed or implied are made as to the accuracy of the information contained herein. The property is offered subject to errors, omissions, change of price, rental or other conditions including withdrawal without notice, and will be subject to any special conditions, which may be imposed or made by the owner of The Katsikos Group, Inc. The owner and The Katsikos Group, Inc. reserve the right to accept or reject any and all offers.

TRAVEL DISTANCE FROM SITE: 0.70 Miles to Aventura Mall 0.60 Miles to Gulfstream Racing and Casino 1 Mile to Sunny Isles Beach 8 Miles to Fort Lauderdale Hollywood International

Airport 15 Miles to Miami International Airport 12 Miles Downtown Miami 12 Miles to Miami Beach’s Lincoln Road