THE POINTE AT LITHIA SPRINGS560THORNTON ROADLithia Springs, GA 30122

OFFERING MEMORANDUM

Capital Markets | Investment Properties Group

AFFILIATED BUSINESS DISCLOSURE AND CONFIDENTIALITY AGREEMENT

CBRE, Inc. operates within a global family of companies with many subsidiaries and/or related entities (each an “Affiliate”) engaging in a broad range of commercial real estate businesses including, but not limited to, brokerage services, property and facilities management, valuation, investment fund management and development. At times different Affiliates may represent various clients with competing interests in the same transaction. For example, this Memorandum may be received by our Affiliates, including CBRE Investors, Inc. or Trammell Crow Company. Those, or other, Affiliates may express an interest in the property described in this Memorandum (the “Property”) may submit an offer to purchase the Property and may be the successful bidder for the Property. You hereby acknowledge that possibility and agree that neither CBRE, Inc. nor any involved Affiliate will have any obligation to disclose to you the involvement of any Affiliate in the sale or purchase of the Property. In all instances, however, CBRE, Inc. will act in the best interest of the client(s) it represents in the transaction described in this Memorandum and will not act in concert with or otherwise conduct its business in a way that benefits any Affiliate to the detriment of any other offeror or prospective offeror, but rather will conduct its business in a manner consistent with the law and any fiduciary duties owed to the client(s) it represents in the transaction described in this Memorandum.

This is a confidential Memorandum intended solely for your limited use and benefit in determining whether you desire to express further interest in the acquisition of the Property.

This Memorandum contains selected information pertaining to the Property and does not purport to be a representation of the state of affairs of the Property or the owner of the Property (the “Owner”), to be all-inclusive or to contain all or part of the information which prospective investors may require to evaluate a purchase of real property. All financial projections and information are provided for general reference purposes only and are based on assumptions relating to the general economy, market conditions, competition and other factors beyond the control of the Owner and CBRE, Inc. Therefore, all projections, assumptions and other information provided and made herein are subject to material variation. All references to acreages, square footages, and other measurements are approximations. Additional information and an opportunity to inspect the Property will be made available to interested and qualified prospective purchasers. In this Memorandum, certain documents, including leases and other materials, are described in summary form. These summaries do not purport to be complete nor necessarily accurate descriptions of the full agreements referenced. Interested parties are expected to review all such summaries and other documents of whatever nature independently and not rely on the contents of this Memorandum in any manner.

Neither the Owner or CBRE, Inc, nor any of their respective directors, officers, Affiliates or representatives make any representation or warranty, expressed or implied, as to the accuracy or completeness of this Memorandum or any of its

contents, and no legal commitment or obligation shall arise by reason of your receipt of this Memorandum or use of its contents; and you are to rely solely on your investigations and inspections of the Property in evaluating a possible purchase of the real property.

The Owner expressly reserved the right, at its sole discretion, to reject any or all expressions of interest or offers to purchase the Property, and/or to terminate discussions with any entity at any time with or without notice which may arise as a result of review of this Memorandum. The Owner shall have no legal commitment or obligation to any entity reviewing this Memorandum or making an offer to purchase the Property unless and until written agreement(s) for the purchase of the Property have been fully executed, delivered and approved by the Owner and any conditions to the Owner’s obligations therein have been satisfied or waived.

By receipt of this Memorandum, you agree that this Memorandum and its contents are of a confidential nature, that you will hold and treat it in the strictest confidence and that you will not disclose this Memorandum or any of its contents to any other entity without the prior written authorization of the Owner or CBRE, Inc. You also agree that you will not use this Memorandum or any of its contents in any manner detrimental to the interest of the Owner or CBRE, Inc.

If after reviewing this Memorandum, you have no further interest in purchasing the Property, kindly return this Memorandum to CBRE, Inc.

© 2015 CBRE, Inc. The information contained in this document has been obtained from sources believed reliable. While CBRE, Inc. does not doubt its accuracy, CBRE, Inc. has not verified it and makes no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

CBRE and the CBRE logo are service marks of CBRE, Inc. and/or its affiliated or related companies in the United States and other countries. All other marks displayed on this document are the property of their respective owners.

Photos herein are the property of their respective owners and use of these images without the express written consent of the owner is prohibited.

T H E P O I N T E A T L I T H I A S P R I N G S

CONTACT US

TABLE OF CONTENTS

05 EXECUTIVE SUMMARY

13 PROPERTY DISCUSSION

22 MARKET OVERVIEW

25 FINANCIAL OVERVIEW

29 DEMOGRAPHIC OVERVIEW

CRAIG TAYLORSenior Vice President+1 404 923 1454craig.taylor@cbre.comLicense #: 172747

* Member of the ownership LLC

LOCATION Lithia Springs, GA 30122

TYPE OF CENTER Unanchored Retail/Service Shopping Center

SIZE±44,023 (±21,770 SF on upper

floor)

SITE SIZE ±5.45 acres

OCCUPANCY 69%

YEAR BUILT 2006

TRAFFIC COUNT44,307 vpd on Thornton Road27,974 vpd on Maxham Road

IN-PLACE NOI $283,963

STABILIZED NOI92%

$416,873

PRICE $3,600,000

CAP RATE (IN-PLACE) 7.89%

THE OFFERING

CBRE’s Atlanta Retail Investment Properties Group is exclusively offering for sale The Pointe at Lithia Springs, a ±44,000sf, 69% occupied, retail/service center located in Lithia Springs (Douglas County), Georgia, approximately 15 miles due west of downtown Atlanta and two miles north of I-20, the metro area’s primary east-west highway.

The plaza is strategically positioned directly across from a Kroger- anchored plaza with several access points along Thornton Road and Maxham Road, a prime intersection in the retail corridor. and the highest trafficked intersection in the county. Retail occupancy in the immediate area approaches 97%.

The Pointe at Lithia Springs offers an investor a stable income stream at affordable rental rates from a largely professional and service tenancy, while providing upside through lease-up of ±13,720sf of GLA, including a 3,675sf former children’s dental suite along the front of the shopping plaza.

LOCATION 1 MILE 3-MILES 5-MILES

POPULATION 7,949 44,368 107,701

POPULATION GROWTH (‘15-’20) 5.3% 6.4% 6.6%

AVERAGE HH INCOME

$50,283 $52,994 $59,414

DAYTIME POPULATION

4,576 20,055 49,370

*±0.69-ACRE PAD SITE AVAILABLE FOR AN ADDITIONAL $195,000

DEMOGRAPHICS

6

PROPERTY HIGHLIGHTS

Value-Add Opportunity/Below-Replacement Cost Pricing: Currently 13 of the 15 upper level bays and eight of the 13 lower level bays are occupied providing solid upside. At ±$84 per square foot, pricing is well-below replacement cost.

Strong Co-Tenancy: The plaza is situated in the middle of an active intersection, directly across Maxham Road from a 94,000sf neighborhood shopping center anchored by a Kroger. Walgreens, AT&T, Church’s Chicken, Thornton Package and Sonic front the plaza, while Chase Bank and Wendy’s are positioned nearby

High Occupancy Submarket: Occupancy level for comparable retail along Thornton Road stretching from I-20 to Hwy 278 (excluding The Pointe at Lithia Springs) currently approaches 97%.

Healthy Full-Time and Daytime Population: In addition to the 44,368 resi-dents who reside within a 3-mile ring, there are 20,055 employees who work in along Thornton Road, home to several large industrial and flex parks that service Atlanta’s west side.

Affordable Rents: The plaza thrives in part due to its sustainable rent levels, especially vs. existing competition.

Prime Area Intersection: Located at two high traffic routes, Thornton Road (44,307 vpd) is a prime corridor leading from Hartsfield Jackson Atlanta International Airport to I-20 and to areas of Douglas and West Cobb Counties. Maxham Road (27,974 vpd) leads from Thornton Road, becomes Austell Road, and runs throughout Cobb County.

Solid Tenant Mix: The tenancy is primarily comprised of professional retail, and light office uses with established practices in Douglas

T H E P O I N T E A T L I T H I A S P R I N G S

THE POINTE AT LITHIA SPRINGS

41,937vpd

33,9

51vp

d

8

PROPERTY AERIAL

Available for Purchase (offered separately)

FOR SALE

T H E P O I N T E A T L I T H I A S P R I N G S

9E X E C U T I V E S U M M A R Y

BUILDING DESCRIPTION

Exterior Wall Construction Stucco & Brick

Exterior Wall Height 20 Feet (Est.)

Interior Clear Height 9 Feet (Est.)

Sprinkler System Wet system - 100%

Heating & Cooling Central/Forced Air

Parking Area Paved open surface parking

Parking Spaces 240 Spaces

Parking Ratio Per Unit 5.45 Sp. / 1,000 SF

Foundation Poured concrete slab

Structural Frame Masonry Frame

Windows Casement & Fixed Casement

Roof Flat; Rubber Membrane

Flooring Carpet, Linoleum, Tile

Elevator One

Ceilings Acoustic ceiling panels

Lighting A mix of fluorescent and incandescent lighting.

Storefronts Casement & Fixed Casement

CAP EX IMPROVEMENTS COMPLETED 2014-2015 ($113,428)Purchase/installation of all parking lot light poles (formerly leased)Purchase/installation of Fire Protection SystemTenant improvements & new HVAC - Beauty School

*Note that in 2012-2013 the entire building was re-painted and parking lot resealed and striped.

12

PROPERTY OVERVIEW

Available0.698 acres

ThorntonPackage

33,951 vpd

45,250 vpd

The Pointe atLithia Springs

MAXAM ROAD

THO

RN

TON

RO

AD

| GA

STATE R

OU

TE 6

MISTY LANE

41,937 VPD

T H E P O I N T E A T L I T H I A S P R I N G S

E X E C U T I V E S U M M A R Y

UPPER LEVEL

LOWER LEVEL

205

200

204206 207 208 209 210 211 214 215 216

217

218

219

101

102

106103 - 105 108 - 109 110 - 111 112 114 115

116 - 119

120

AVAILABLE

LEASED

Suite Tenant

1st Floor

101 Mountain of Fire Ministries

102 Vacant

103-105 Vacant

106 Sweetwater Psychological Association

107 Quantum Staffing

108 - 109 Vacant

110 - 111 Vacant

112 Pastor Emmanuel

114 Laser Envy

115 Re-Shape, LLC

116 PS Beauty School

120 Neuropsychiatric Clinic

2nd Floor

200 Vacant

204 DUI School

205 Vacant

206 Express Hair Braiding

207 On Point Hair Salon

208 Art School

209 Divine Beauty Supply

210 Accident Injury Centers of Atlanta (AICA)

211 Smart Staffing

214 Nicholas Financial, LLC

215 Friendly Nails

216 Fine Things Boutique

217 Surge Staffing

218 Bundle Boutique

219 Crawford Orthodontic

*BAY SIZES ARE APPROXIMATE

14

PROPERTY HIGHLIGHTS

On Point Hair Unity Studio

On Point is a full service multi-cultural hair salon with an experienced Master Cosmetologist as well as stylists for the whole family

Neuropsychiatric Clinic of Atlantis’

The Neuropsychiatric Clinic is primarily focused on modern-day, cutting edge neuropsychiatry, and the treatment of disorders of the brain and central nervous system that may affect the patient’s feelings, behavior, and memory. Dr. Warner is currently the Service Director for both the Adult and Child/Adolescent programs at Willowbrook at Tanner, a behavioral health hospital that serves children and adults

G T N C A R Lithia Springs

Nicholas Financial, Inc.

Nicholas Financial provides direct consumer loans and purchases installment sales contracts from automobile dealers for used cars and N F 5 T

0 0 I states in which it does not currently operate for expansion opportunities. The company’s stock has been publicly traded since 1987. It is listed on the NASDAQ under the symbol, NICK.

RE*Shape

Re*Shape offers a wide range of services relating to health and wellness. Their mission is to educate, coach, and promote sound guidance on strategies for maintaining permanent Lifestyle Changes. They tailor their eating, exercise and supplement programs according to age and activity levels. Telephone, internet, email coaching options are available to provide individualized structure and sup-port. http://www.we-reshape.com/

Select Staffing

S 5 S S W 00 T S F S C 0 S 00 000

6 500 G M M F P D O C A services, Select provides clients and associates with the most up-to-date technology and practices.

T H E P O I N T E A T L I T H I A S P R I N G S

AICA

A I C A AICA 0 A T 24/7 to answer questions and provide immediate treatment you need. AICA offers transportation services if patients are unable to drive. AICA

T AICA O N P T management

SURGE Staffing

SURGE S G T T Temporary, Temp-to-Hire, Direct Hire placements, Recruiting and Payroll Services. Their various solutions are designed to ultimately reduce cost, reduce turnover, and increase productivity of their clients.

Sweetwater Psychological Associates, LLC

Sweetwater Psychological is a multidisciplinary outpatient mental health practice headed by two psychologists, David C. Martin, Ph.D. and David E Stone, Ph.D. and three Masters Level Providers who specialize in Substance Abuse assessment and treatment. Together the provid-ers have over 100 years of experience in the assessment and treatment of children, adolescents, couples and families.

I P T S L disorders and ADHD assessments are conducted for children above 6 years. Adults are also evaluated as well. Sweetwater Psychological

L S GA M GA

Quantum Staffing

W M L S S I S

S talent, minimize workforce management complexity, and reduce overhead cost.

16

PROPERTY HIGHLIGHTS

PS Beauty School

Formed in 2011 school is a nationally accredited beauty school dedicated to the industry and committed to providing high quality T

become licensed professionals and earn gainful employment.

Nationally Accredited -Council on Occupational Education

Governing Board - Georgia Board of Cosmetology

A PS S pre-licensing information. The rest of the students’ days are spent on techniques, with the format dependent upon their level within our programs

The school also offers a wide variety of salon services to the general public performed by students under supervision by instructors.

The Bundle Boutique

The Bundle Boutique is a family owned business based in Atlanta, GA supplying quality hair extensions at an affordable price since 2012. Outside of providing phenomenal hair the boutique also offers additional beauty services such as: Full Face Makeup, Brow Fills, Private Makeup Classes, Lash Extensions, and Stylist Referral Programs

Crawford Orthodontics

O A T professional Orthodontist who believes in using the latest technology and techniques. Greet the world with a beautiful smile and straight

D K C H M U S C O E U D C M D T N O

Baptist Seminary. Since 1983 Dr. Crawford has provided exceptional orthodontic care to the Atlanta Metro area.

T H E P O I N T E A T L I T H I A S P R I N G S

BANK

RENT COMPS

Center Name Center Address Center City GLA Anchor TenantsVacant Space

OccupancyYear Built/

Renov

The Pointe at Lithia Springs 560 Thornton Rd Lithia Springs 44,002 13,720 69% 2006

The Village At Westfork 614-640 Thornton Rd Lithia Springs 75,497 Kroger, Ruby Tuesday, Chase

- 100% 1994/2006

Thornton Commons 230 Thornton Rd Lithia Springs 8,149 Johnny's Pizza 2,500 69% 2003

Brownstone Crossing 236 Thornton Rd Lithia Springs 7,200 Select Staffing - 100% 2004

Village Oak 900 Thornton Rd Lithia Springs 52,178 Dollar General, Last Chance Thrift

1,007 98% 1975

Thornton Center 1102 Thornton Rd Lithia Springs 8,686 Enterprise Rental 1,200 86% 2001

Thornton Promenade 639 Thornton Rd Douglasville 18,900 Domino's, MetroPCS 100% 2001

Sweetwater Village 3030-3048 Bankhead Hwy SW Austell 69,562 Food Depot, Family Dollar

1,450 98% 1985

2989 Highway 78 2989-2999 Highway 78 St Austell 14,165 Advanced Auto, Title Max

100% 1995

TOTALS 298,339 19,877 93%

T H E P O I N T E A T L I T H I A S P R I N G S

RENT COMPS MAP

© 2015 CBRE Limited. Data © TeleAtlas, Google, AerialExpress, DigitalGlobe, Landiscor, USGS, i-cubed. The information contained herein (the “Information”) is intended for informational purposes only and should not be relied upon by recipients hereof. Although the Information is believed to be correct, its accuracy, correctness or completeness cannot be guaranteed and has not been verified by either CBRELimited or any of its affiliates (CBRE Limited and its affiliates are collectively referred to herein as “CBRE”). CBRE neither guarantees, warrants nor assumes any responsibility or liability of any kind with respect to the accuracy, correctness, completeness, or suitability of, or decisions based upon or in connection with, the Information. The recipient of the Information should take such steps as the recipient maydeem appropriate with respect to using the Information. The Information may change and any property described herein may be withdrawn from the market at any time without notice or obligation of any kind on the part of CBRE. The Information is protected by copyright and shall be fully enforced. Layout ID:L11 MapId:3189367

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COMPETITVE PROPERTIES

RED = SHOPPING CENTERSYELLOW = INDUSTRIAL/FLEX