MIA MI SHORES , FLORIDA

TD Bank

Asking Price: $6,470,588Cap Rate: 4.25%

BOSTON, MA | CHAPEL HILL, NC | CHARLOTTE, NC | JUPITER, FL | LOS ANGELES, CA | PITTSBURGH, PA | ATLANTICRETAIL.COM

Michael Zimmerman919.391.9901 mzimmerman@atlanticretail.com

ATLANT ICRETAIL .COM | 1TD BANK | INVEST MENT H IGHL IGHTS

TROPHY LOCATION IN SOUTH FLORIDAThe Property is considered a trophy asset and is prominently positioned at the corner intersection of Biscayne Boulevard (50,000 ADT) and Northeast 90th Street in Miami Shores, one of Miami’s most desirable neighborhoods. Other nearby retailers include Publix, Walgreens and Mattress Firm. Over 467,000 people live within a five-mile radius of the site, and Miami Shores is approximately 10 miles from the popular tourist destination of Miami Beach, which drew in 15.9 million visitors in 2016 to its white sandy beaches.

STRONG, RECOGNIZED TENANTTD Bank is one of the 10 largest banks in the U.S. with a history dating back over 150 years. TD Bank offers a broad array of retail, small business and commercial banking products through its extensive network of thousands of locations and ATMs along the East Coast. The bank is a member of TD Bank Group and is also a subsidiary of Toronto-Dominion Bank of Toronto, Canada (which trades on the New York and Toronto stock exchanges under the ticker “TD”). This Miami Shores bank location is a top performer, with deposits totaling over $65 million in the past five years.

QUALITY, LONG-TERM INVESTMENTThis Ground Lease has 15 years remaining and includes no landlord responsibilities. This lease is corporate-guaranteed (S&P: AA-) and features fixed 10 percent rent increases every five years within both the base term and each of the four (4) five-year options to extend. The absence of a state income tax in Florida provides a low tax burden for the investor.$62,126

AVG HH INCOME IN 5-MILE RADIUS

50,500ADT OFF BISCAYNE

BOULEVARD

467,612EST POPULATION IN 5-MILE RADIUS

$8.38 BAVG HH SPENDING IN 5-MILE RADIUS

ATLANT ICRETAIL .COM | 2TD BANK | T ENA N T PROF ILE

TD Bank is known as America’s Most Convenient Bank®, and is one of the 10 largest banks in the United States, with approximately 26,000 employees and deep roots in the communities it serves dating back more than 150 years.

TD Bank offers a broad array of retail, small business and commercial banking products and services to more than 8.5 million customers through its extensive network of 1,300 locations and ATMs on the East Coast. In addition to banking products, TD Bank and its subsidiaries provide clients with customized private banking and wealth management services through TD Wealth®, and vehicle financing and dealer commercial services through TD Auto Finance.

Founded in 1852 TD Bank is now has its headquarters in Cherry Hill, New Jersey. TD Bank is a member of TD Bank Group and is a subsidiary of The Toronto-Dominion Bank of Toronto, Canada, a Top 10 financial services company in North America. The Toronto-Dominion Bank trades on the New York and Toronto stock exchanges under the ticker symbol “TD.”

During the second quarter of 2017, U.S. retail net income was approximately $845 million, an increase of 18 percent compared with the second quarter of 2016. Additionally, Wholesale Banking net income was $248 million in the second quarter of 2017, an increase of 13 percent over the 2016 quarter results, which reflects strong revenue growth from increased client activity in equity trading and lower credit losses. Overall, Company reported earnings were $2.5 billion.

TD Bank

ATLANT ICRETAIL .COM | 3TD BANK | LEASE SU M MARY

Lease Summary

ADDRESS 9005 Biscayne BoulevardMiami Shores, FL 33138

TENANT TD Bank

GUARANTOR Corporate

CREDIT RATING S&P: AA-

MARKET Miami MSA

ASKING PRICE $6,470,588

CAP RATE 4.25%

BUILDING +/- 3,964 SF

LAND SIZE +/- 0.64 acres

YEAR BUILT 2011

COMMENCEMENT October 5, 2011

EXPIRATION January 31, 2032

LEASE TERM 20 Years

ANNUAL RENT $275,000 ($69.37/SF)

RENT INCREASES 10% Every 5 Years

OPTIONS 4 x 5-Year OptionsWith 10% Increases

LEASE TYPE Absolute Ground

LANDLORD No Responsibilities

YEARS ANNUAL RENT INCREASE

10–15 (Base Term) $302,500 ($76.31/SF) 10%

16–20 (Base Term) $332,750 ($83.94/SF) 10%

21–25 (Option 1) $336,025 ($84.77/SF) 10%

26–30 (Option 2) $402,628 ($101.57/SF) 10%

31–35 (Option 3) $442,890 ($111.73/SF) 10%

36–40 (Option 4) $487,179 ($122.90/SF) 10%

Rent Schedule

ATLANT ICRETAIL .COM | 4TD BANK | S IT E PLAN

BISCAYNE BOULEVARD: 50,500 ADTNORTHEAST SIXTH AVENUE: 9,500 ADT

ATLANT ICRETAIL .COM | 5TD BANK | MAR K ET AER IAL

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ATLANT ICRETAIL .COM | 6TD BANK | MAR K ET AER IAL

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MIAMI-OPA LOCKA EXECUTIVE AIRPORT

NORTH MIAMI BEACH

BISCAYNE BAY

ATLANT ICRETAIL .COM | 7TD BANK | MAR K ET AER IAL

SOUTH MIAMI BEACH

Located in South Florida, Miami International Airport (MIA) is the largest gateway between the U.S. and Latin America, and it is one of the largest airline hubs in the country. In 2011, MIA ranked first in the U.S. by percentage of international flights and second by volume of international passengers. In 2016 alone, nearly 45 million passengers traveled through the airport, making MIA the 23rd busiest airport in the world.

DOWNTOWN MIAMI, FL

ATLANT ICRETAIL .COM | 8TD BANK | MAR K ET AER IAL

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AREA ATTRACTIONS 1. FIU Biscayne Bay Campus • 5.2 miles2. Port of Miami • 7.4 miles3. American Airlines Arena • 9.1 miles4. Marlins Park • 9.1 miles5. Downtown Miami, FL • 9.3 miles6. Miami Beach, Florida • 10.2 miles7. Miami International Airport • 10.9 miles8. Hollywood, FL • 14.8 miles9. Mall of the Americas • 17.4 miles10. Fort Lauderdale, FL • 23.4 miles11. Pompano Beach, FL • 30.8 miles

Connected by a series of bridges to mainland Florida, Miami Beach is a South Florida island city that stretches from North Shore Open Space all the way to South Pointe Park. South Beach is known for its international cache with models and celebrities, as well as its Art Deco architecture. With 15.9 million visitors in 2016, Greater Miami and The Beaches is one of the world’s most popular tourist destinations.

ATLANT ICRETAIL .COM | 9TD BANK | MAR K ET OVERVIEW

BEDROOM COMMUNITY OF MIAMIA village in Miami-Dade County, the present boundaries of Miami Shores roughly correspond with the original “Biscayne” neighborhood of the city of Miami. Today, this small 3.75-acre village is primarily a bedroom community for those working in Greater Miami. This single-family residential area also has a sizable retired population and features two prominent commercial areas along Northeast Second Avenue and Biscayne Boulevard.

ATLANT ICRETAIL .COM | 10 TD BANK | MA R K ET OVERVIEW

WITHIN MIAMI METROPOLITAN AREAThe Miami metropolitan area is the 67th largest metropolitan area in the entire world, and is the eighth largest metropolitan area in the United States. This 6,137 square mile portion of South Florida is home to more than six million residents, and has seen a population growth of more than seven percent since 2010. The city of Miami itself has a population of more than 430,000, making it the second most populous metropolis in the southeastern U.S.

ATLANT ICRETAIL .COM | 1 1TD BANK | MAR K ET OVERVIEW

CRUISE CAPITAL OF THE WORLDDowntown Miami houses the largest concentration of international banks in the U.S., as well as many national and international companies. The Civic Center is a major center for hospitals, research institutes, medical centers and biotechnology industries. For more than two decades, the Port of Miami—known as the “Cruise Capital of the World”—has been the No. 1 cruise passenger port in the world. Metropolitan Miami is the premier tourism hub in the American South thanks to the popular tourist destination of Miami Beach.

ATLANT ICRETAIL .COM | 12TD BANK | MAR K ET OVERVIEW

AFFLUENT METROPOLITAN MARKETMiami is a major leader in finance, commerce, culture, media, entertainment, the arts and international trade. Miami has been classified as an Alpha-World City since 2012 and, according to a 2009 UBS study of 73 major world cities, Miami is ranked as the richest city in the U.S., and is the world’s fifth richest city in terms of purchasing power.

ATLANT ICRETAIL .COM | 13TD BANK | D EMOGR AP HICS

DEMOGRAPHICS 1 MILE 3 MILES 5 MILES

Estimated Population 19,312 179,621 467,612

2022 Projected Population 20,656 197,732 500,297

2010 Census Population 16,873 163,136 425,227

2000 Census Population 17,908 166,690 422,834

Projected Annual Growth (2017–2022) 1.4% 1.5% 1.4%

Historical Annual Growth (2000–2017) 0.5% 0.5% 0.6%

Estimated Households 7,906 63,417 168,712

2022 Projected Households 8,372 67,688 179,544

2010 Census Households 6,887 57,597 153,200

2000 Census Households 6,900 57,908 147,953

Projected Annual Growth (2017–2022) 1.2% 1.3% 1.3%

Historical Annual Growth (2000–2017) 0.9% 0.6% 0.8%

Est. HH Income $200,000+ 7.9% 4.1% 5.0%

Est. HH Income $150,000-$199,999 5.8% 3.4% 3.0%

Est. HH Income $100,000–$149,999 11.0% 7.9% 8.2%

Est. HH Income $75,000-$99,999 9.8% 8.8% 8.6%

Est. HH Income $50,000–$74,999 11.1% 14.3% 15.0%

Est. HH Income $35,000–$49,999 12.6% 14.0% 13.5%

Est. HH Income $25,000–$34,999 7.5% 10.9% 11.3%

Est. HH Income $15,000–$24,999 12.4% 15.2% 14.9%

Est. HH Income Under $15,000 21.9% 21.5% 20.6%

Est. Average Household Income $74,059 $56,837 $62,126

Est. Median Household Income $55,803 $43,574 $46,210

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DEMOGRAPHICS 1 MILE 3 MILES 5 MILES

Est. White 52.6% 38.4% 45.1%

Est. Black 38.9% 53.0% 46.1%

Est. Asian or Pacific Islander

2.1% 1.6% 1.6%

Est. American Indian or Alaska Native

0.3% 0.3% 0.3%

Est. Other Races 6.1% 6.6% 6.9%

Est. HispanicPopulation

6,655 58,045 187,442

Est. HispanicPopulation

34.5% 32.3% 40.1%

2022 ProjectedHispanic Population

36.4% 34.4% 41.9%

2010 HispanicPopulation

30.3% 28.0% 36.6%

Demographics

ATLANT ICRETAIL .COM | 14TD BANK | CON F ID ENT IAL ITY

Confidentiality & DisclaimerThe information contained in the following Marketing Brochure is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from Atlantic Retail Investment Services and should not be made available to any other person or entity without the written consent of Atlantic Retail Investment Services. This Marketing Brochure has been prepared to provide summary, unverified information to prospective purchasers, and to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation. Atlantic Retail Investment Services has not made any investigation, and makes no warranty or representation, with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and square footage of the property and improvements, the presence or absence of contaminating substances, PCBs or asbestos, the compliance with State and Federal regulations, the physical condition of the improvements thereon, or the financial condition or business prospects of any tenant, or any tenant’s plans or intentions to continue its occupancy of the subject property. The information contained in this Marketing Brochure has been obtained from sources we believe to be reliable; however, Atlantic Retail Investment Services has not verified, and will not verify, any of the information contained herein, nor has Atlantic Retail Investment Services conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All potential buyers must take appropriate measures to verify all of the information set forth herein.

MIA MI SHORES , FLORIDA

TD Bank

Asking Price: $6,470,588Cap Rate: 4.25%

BOSTON, MA | CHAPEL HILL, NC | CHARLOTTE, NC | JUPITER, FL | LOS ANGELES, CA | PITTSBURGH, PA | ATLANTICRETAIL.COM

Michael Zimmerman919.391.9901 mzimmerman@atlanticretail.com