Doral CommonsDoral, Miami-Dade County, Florida

OFFERING SUMMARY

Rare “Best in Class” Miami-Dade Retail Offering

Dynamic Grocery / Discount Apparel Combo

Prime Location in Doral - Great Demos

Highly Secure Income Stream

New Construction

Doral Commons

Cushman & Wakefield’s Retail Investment Advisors is pleased to offer for sale Doral Commons, a 138,000 sf high-quality grocery anchored community shopping center located in Doral -- one of Miami-Dade’s most coveted trade areas for retail ownership. Completed in 2016, the center is anchored by Publix and TJ Maxx and is currently 95% leased. This offering represents the unique opportunity to acquire a dominant community shopping center that serves an affluent and rapidly growing trade area and provides a highly secure income stream.

Property Summary

Location NEC of 74th Street and 107th Avenue, Doral, Miami-Dade, FL

Site Area 18.294 acres

Year Built 2016

Owned GLA 138,091 sf

Occupancy 95%

Anchors

Offering Highlights

Offering Highlights

“Best in Class” Miami-Dade Retail Offering

Strong Performing Publix is Ideal Anchor

Incredible Residential Growth Story

Significant Daytime Employment Drives Tenant Sales

High Traffic Intersection Proximate to Florida’s Turnpike interchange

Extended Trade Area TJ Maxx draws customers from an extensive trade area as

the only major discount soft goods retailer in Doral

Secure Income Stream Publix is on a long term ground lease Offering includes 2 valuable ground leased outparcels to

credit tenants

+6,000 30%Planned new units in 1-mile Proj. Population growth by 2022

52,500 VPD

17.6K In 2-mile radius of Property

16,500Population

$93,000Avg. Household Income

1-MILE RADIUS

Doral is one of Miami-Dade’s Strongest Trade Areas Based on its Affluence and Growth Prospects

Doral Commons

Financial Highlights

*National tenants include American Game World, AT&T, F45 Training, GNC, Jackson Health System, Mattress One, Menchies, Moe’s Southwestern, Omega Learning, Postal Annex, Publix Liquor, T-Mobile, and Wells Fargo.

TENANCY

MAJOR TENANTS SF % OF GLA LEASE EXP.

49,098 35.6% Dec-40

23,500 17.0% Nov-25

Total Major Tenants 72,598 52.6%

SHOP TENANTS

National (14)* 29,781 21.6%

Local (12) 20,393 14.8%

Vacant (2) 7,188 5.2%

Total Shop Tenants 57,362 41.5%

OUTPARCEL TENANTS

4,319 3.1% Nov-35

3,812 2.8% Dec-30

Total Outparcels 8,131 5.9%

Total GLA 138,091 100.0%

NATIONAL VS.LOCAL TENANCYBASED ON GLA

NATIONAL

80%LOCAL

15%VACANT

5%

Dynamic anchor line-up combining groceries and discount apparel

Anchored by Publix, Florida’s dominant grocer based on market share and the preferred grocer among the trade area’s affluent customer base

TJ Maxx draws customers from an extended trade area as the only major discount soft goods retailer in Doral

National / Regional tenants comprise 80% of the GLA

High quality outparcels - McDonald’s, Citibank and Jackson Health System - stimulate customer traffic

Tenancy Highlights

Highly secure income stream

Publix is on a long term ground lease expiring in 2040 and obligating tenant to maintain their premises

Offering includes two long term ground leased outparcels to investment grade tenants

Growing income stream with a 10-year CAGR of 2.46%

Brand new construction, limiting the risk of capital outlays for the foreseeable future

Tenancy & Financial Highlights

CUSHMAN & WAKEFIELD

Doral is one of Miami-Dade’s hottest residential growth areas

Doral Commons is situated at the epicenter of Doral’s residential growth, with over 6,000 units planned or under construction within a one-mile radius

Explosive Residential GrowthPrime Locationin Doral, one of Miami’s strongest and most under-retailed submarkets

52,500 VPDat the signalized intersection of 74th Street and 107th Avenue

Proximate to interchanges with Florida’s Turnpike and Palmetto Expressway along 74th Street

ExceptionalDemos+$96K Average Household Income

Young, wealthy Hispanic families are the driver fueling the trade area’s population growth

Location Highlights

RECENT/CURRENT RESIDENTIAL PROJECTS

MAP # Project # of Units Delivery

Park Central 2,046 2019

Midtown Doral 1,548 2020

Modern Doral 319 2018

Neovita North 142 2018

Mansions at Doral 66 2017

Neovita South 80 2018

Landmark at Doral 919 2018

Landmark South 631 2017

Total 5,751

1

2

3

4

5

6

7

8

NEIGHBORHOOD DEMOGRAPHICS1-MILE

RADIUS

2-MILE

RADIUS

3-MILE

RADIUS

5-MILE

RADIUS

2016 Population 16,302 40,457 61,964 269,730

Projected 2021 Population 21,171 50,245 72,898 284,450

Projected Population Growth 29.9% 24.2% 17.6% 5.5%

2016 Households 4,832 13,089 20,163 86,678

Average HH Income $92,660 $96,769 $88,863 $59,302

% Owned Occupied Housing

Units52.9% 51.1% 54.0% 53.6%

Median Age 34.3 35.5 36.8 40.9

Daytime Employee Count 4,583 17,682 75,681 253,282

% Hispanic 84.0% 81.8% 83.6% 90.1%

52,500 VPD52,500 VPD

ADAM FEINSTEINExecutive Director(305) 533 2863adam.feinstein@cushwake.com

MITCHELL HALPERNAssociate (305) 533 2855mitchell.halpern@cushwake.com

SPENCER KINSELLAFinancial Analyst(305) 351 2464spencer.kinsella@cushwake.com

MARK GILBERTExecutive Vice President(305) 533 2866mark.gilbert@cushwake.com

For more information, please contact:

cwretailinvestmentadvisors.com

The depiction in the included photograph of any person, entity, sign, logo or property, other than Cushman & Wakefield’s (C&W) client and the property offered by C&W, is incidental only, and is not intended to connote any affiliation, connection, association, sponsorship or approval by or between that which is incidentally depicted and C&W or its client.  This listing shall not be deemed an offer to lease, sublease or sell such property; and, in the event of any transaction for such property, no commission shall be earned by or payable to any cooperating broker except if otherwise provided pursuant to the express terms, rates and conditions of C&W’s agreement with its principal, if, as and when such commission (if any) is actually received from such principal.  (A copy of the rates and conditions referred to above with respect to this property is available upon request.)

CUSHMAN & WAKEFIELD OF FLORIDA, INC. 200 S. Biscayne Blvd., Ste. 2800

Miami, FL 33131