Coeur d'Alene Town Center Coeur d'Alene Town Center

Coeur d’Alene Town Center101 Best Avenue, Coeur d’Alene, IdahoFORSALEOustanding Well-Leased Retail InvestmentCoeur d’Alene Town Center101 Best Avenue, Coeur d’Alene, IdahoSITEN Government WayN 4th StreetSALE PRICE:$10,100,00095W ApplewayToSpokane90• Large concentration of national credit tenants on corporate leases.• Excellent location at the intersection of two major arterials with good ingress and egress.• Within a couple blocks of I-95 and Highway 95, the premier interchange in all of northernIdaho.• Coeur d’Alene is the primary retail district serving all of northern Idaho and parts ofwestern Montana.• Significant reconfigurations and remodeling have kept the center fresh and wellmaintained.For More Information, Contact:Dave Black 509 622 3535 dblack@naiblack.comChris Johnson 503 273 0351 cjohnson@nai-nbs.comMaryKay West 503 273 0344 mwest@nai-nbs.com107 South Howard, Suite 600, Spokane, WA 99201 | 509.623.1000 main | www.naiblack.comFor More Information, Contact:Dave Black 509 622 3535 dblack@naiblack.comChris Johnson 503 273 0351 cjohnson@nai-nbs.comMaryKay West 503 273 0344 mwest@nai-nbs.comThe information contained herein has been obtained from sources we deem reliable. We do not, however, guarantee its accuracy. All information should be verified prior to purchase or lease.

Property DescriptionInvestment Highlights and Financial SummaryPROPERTY DESCRIPTION• Community shopping center comprisedof two buildings.• Totals approximately 119,736 squarefeet on approximately 12.212 acres.• The larger building was originallyconstructed in 1966 as an 111,194square foot enclosed mall. A smaller6,005 square foot annex building, whichis located in the southeast corner of thesite, was built in 1975.• In 1994, the enclosed mall wasremodeled and reconfigured into anopen-air strip center. In 2006 the facadeof the larger building was remodeled intostorefronts.• 878 parking spaces for a ratio of 7.4spaces/1,000 rentable square feet.• Located in proximity to I-90 andHighway 95, the premier interchange innorthern Idaho.For More Information, Contact:Dave Black 509 622 3535 dblack@naiblack.comChris Johnson 503 273 0351 cjohnson@nai-nbs.comMaryKay West 503 273 0344 mwest@nai-nbs.com107 South Howard, Suite 600, Spokane, WA 99201 | 509.623.1000 main | www.naiblack.comFINANCIAL SUMMARYINVESTMENT HIGHLIGHTS• Historically stable tenancy, eventhrough recession.• Very competitive, attractive financingoptions, including Seller financing, areavailable.• Average anchor tenant rents are undermarket; potential for upside on renewalor rollover.• Scheduled rent increases in mostleases.SALE PRICE:$10,100,000YEAR 1 YEAR 2Base Rent $929,992 $969,755Expense Reimbursements 202,901 217,206Total Gross Revenue $1,132,893 $1,186,961Less: General Vacancy (90,631) (79,144)Effective Gross Revenue $1,042,262 $1,107,817Less: Operating Expenses (247,562) (254,989)Net Operating Income $794,700 $852,828Cap Rate 7.87% 8.44%The information contained herein has been obtained from sources we deem reliable. We do not, however, guarantee its accuracy. All information should be verified prior to purchase or lease.