PEPPERTREE PLAZA

P E P P E R T R E E P L A ZAMARGATE, FL

Holliday Fenoglio Fowler, L.P. (“HFF”), a Florida licensed real estate broker, is pleased to exclusively offer for sale Peppertree Plaza (the “Property”)—one of Broward County’s premier community shopping centers located in Margate, Florida. The Property consists of 241,325 SF which is currently 100% leased and features one of the top Winn-Dixie transformation stores in Florida along with Dollar Tree, Planet Fitness, Sam Ash Music, and Office Depot to name a few of the nationally acclaimed tenants in the center. Peppertree Plaza spans a ±30.17 acre contiguous parcel along two of Central Broward County’s busiest streets—Sample Road and US-441/SR-7—with excellent visibility and accessibility to over 115,469 combined vehicles daily. The offering presents the opportunity for a new investor to gain a critical mass of high-quality retail leased to strong line-up of tenants in a dense and desirable South Florida location.

INVESTMENT HIGHLIGHTS � Top performing Winn-Dixie transformation store in FL

� Highly successful and proven grocery-anchored community center

� New Planet Fitness anchor tenancy (18,847 SF) creates ideal high-traffic “Food & Fitness” combination

� Significant value add opportunity by developing outparcels, mark-to-market, and lease up results in over 45% NOI growth and 4.0% CAGR over 10 years

� Nationally prominent tenant roster (62% of GLA)

� Strong leasing momentum with ±52,000 SF in new/renewal tenancy over the last 12 months

� Densely populated and fast growing Central Broward County location serving 139,300 residents and 58,077 households within three miles

� Highly accessible and prominent location with significant frontage at one of Broward County’s busiest intersections (115,469 VPD)

� Strong retail submarket (94.4% occupancy) represented by many top national retailers

� Unencumbered by tenant purchase rights and free and clear of financing

P E P P E R T R E E P L A ZA

PROPERTY SUMMARY

Address5400-5688 Sample RoadMargate, FL 33073

Year Built 1980

Site Size (Acres) ±30.17

GLA (SF) 241,325

Occupancy 100%

Parking Spaces (Ratio) 1,408 or 5.3 per 1,000

Anchor Tenants

TenantWinn-DixieSam Ash MusicPlanet FitnessOffice DepotDollar Tree

GLA56,00025,46018,84715,94810,000

% of Total23.2%10.6%

7.8%6.6%4.1%

Traffic CountsSample RoadUS Hwy 441

62,969 vpd52,500 vpd

PERIMETER ROAD ( NW54TH

AVEN

UE)

PERIMETER ROAD ( NW54TH

AVEN

UE)

AceEducational

Supplies

Gold Reef Gold Buyers

BrowardHealth

Mar

ines

Rec

ruiti

ng

Labc

orp

SAMPLE ROAD - 62,969 VPDSAMPLE ROAD - 62,969 VPD

Stat

e Ro

ad 7

(US

441)

- 5

2,50

0 V

PDSt

ate

Road

7 (U

S 44

1) -

52,

500

VPD

AVAILABLE

PENDING

OCCUPIED

US44

1 Of

f Ram

pUS

441

Off R

amp

PaladiumNight Club

HardExercise Works

Sharkey’s

Lovely Nails II

Gordo’s Grill

La Pizzeria

Aloha Foot Spa

& Salt Room

Classic Salon & Spa

TheAcupuncturist

ChineseRestaurant

Allstate InsuranceBagel &

DeliCellular Store

Time - Out Sports

Animal Lover’sCafe

Barber ShopVogue Opticians

Logica

Its All Greek to Me

Pad Thai Restaurant

SalonSuites

La B

amba

Rest

aura

nt

Prec

ious

Mom

ents

Jew

eler

sRe

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cent

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ire

8,400 S.F.

6,000 S.F.

(Not Included)

(Not Included)

(Not Included) (Not Included)

HIGH IMPACTLEASE-UP OPPORTUNITY

PREMIER RETAIL CORRIDORWITH STRONG DAYTIME DRIVERS

BELOW MARKETJR ANCHOR RECAPTURED

IN OCT-2020

±384 PSF SALES IN 2015.TOP PERFORMING

WINN-DIXIE IN FLORIDA

NEW 10 YEAR LEASEWITH HIGH TRAFFIC GYM DESTINATION TENANCY

BROADENS TRADE AREA

NEW 10-YEARHIGH IMPACT LEASE

HIGH VISIBILITYEND CAP RECAPTURED

IN JAN-2021

LONG TERM LEASESWITH JR. ANCHORS

241,325 Square Feet

100%Occupied

±30.17Acres

62%Nationals

139,300Residents*

$68,888 Avg. HH Income*

±45%10 Year NOI Growth

*3 Mile Demos

NW 54th Avenue

NW 54th Avenue

State Road 7 (US 441) - 52,500 VPD


Sample Road - 62,969 VPD


Commerce SquareAuto Plaza


Infinity of Coconut CreekInfinity of Coconut Creek

RenaissanceCharter School


(Not Included)(Not Included)




Toscana Park VillasDevelopment (240 units)


P E P P E R T R E E P L A ZA

NW 54th Avenue

NW 54th Avenue







Infinity of Coconut CreekInfinity of Coconut Creek









75

75

595

95

95

1

441

A1A

869

845

834

870

816

838

869

FT. LAUDERDALEINTERNATIONAL

AIRPORT

B O CA R ATO N

D E L R AY B E A C H

D E E R F I E L D B E A C H

P O M PA N OB E A C H

F O RTL AU D E R DA L E

C O R A L S P R I N G S

L AU D E R DA L E L A K E S

P L A N TAT I O N

W E S T I N

C O R A L S Q UA R E

FORT LAUDERDALEEXECUTIVE AIRPORT

WATER CONSERVATIONAREA

ATLANTIC OCEAN

W Broward Blvd

SawgrassMills

Uni

vers

ity D

rive

Sunrise Blvd

DEMOGRAPHIC OVERVIEWDescription 1-mile radius 3-mile radius 5-min radius

POPULATION2021 Projection 17,907 148,605 407,559

2016 Estimate 16,501 139,300 384,367

2010 Census 14,787 127,780 356,683

Growth 2016-2021 8.52% 6.68% 6.03%

HOUSEHOLDS2021 Projection 7,226 58,077 155,620

2016 Estimate 6,755 54,624 146,893

Growth 2016-2021 6.97% 6.32% 5.94%

HOUSEHOLD INCOME2016 Estimated Average $70,915 $68,888 $66,438

2016 Estimated Median $59,844 $52,938 $49,327

MEDIAN HOME VALUE2016 Median Home Value $167,110 $171,338 $170,029

Proportion of residents with at least an Associated Degree 41.9% 40.6% 36.5%Source: Claritas

Miami Office: 1450 Brickell Ave. Suite 2950 Miami, FL 33131 T 305.448.1333 F 305.448.6767

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 or Holliday Fenoglio Fowler, L.P. The Owner and Holliday Fenoglio Fowler, L.P. reserve the right to accept or reject any and all offers.

Holliday Fenoglio Fowler, LP (“HFF”) and HFF Securities LP (“HFFS”) are owned by HFF, Inc. (NYSE: HF). HFF operates out of 22 offices nationwide and is a leading provider of commercial real estate and capital markets services to the U.S. commercial real estate industry. HFF together with its affiliate HFFS offer clients a fully integrated national capital markets platform including debt placement, investment sales, advisory services, structured finance, private equity, loan sales, and commercial loan servicing. www.hfflp.com.

Presented By:

Debt Placement:

Chris Drew Managing Director Tel 305.421.6551 [email protected]

Nat Scarmazzi Associate Director Tel 305.421.6545 [email protected]

Kim Flores Director Analyst Tel 305.448.1333 [email protected]

Eric Williams Director Analyst Tel 305.448.1333 [email protected]

Luis Castillo Managing Director Tel 305.448.5498 [email protected]

Danny Finkle Senior Managing Director Tel 305.421.6544 [email protected]

Tallahassee

Miami

Orlando

Tampa

Jacksonville

Fort Myers

Naples

Pensacola

Palm Beach

Ft. Lauderdale

Documents

PEPPERTREE PLAZA