Cottleville Corners Offering Memorandum

EXECUTIVE SUMMARY

PROPERTY OVERVIEW

5045-5055 Highway N Cottleville, MO 63304

ADDRESS:

TOTAL SQUARE FEET:

58,204 SF

TOTAL LAND AREA:

4.6 Acres

PARKING:

236 (4 per 1,000 SF)

YEAR BUILT:

2005

RETAIL SUBMARKET:

St. Charles County

DEMOGRAPHICS

1 MILE 3 MILES 5 MILES

AVERAGE HOUSEHOLD INCOME (2016)

$101,863

$101,319

$95,005

EST. POPULATION (2016)

3,657

70,045 172,669

VEHICLES PER DAY HIGHWAY N

25,666 VPD

MID RIVERS MALL DRIVE

32,830 VPD

94/PAGE EXTENSION

75,640 VPD

FINANCIAL HIGHLIGHTS PERCENTAGE LEASED:

89%

IN-PLACE NET OPERATING INCOME:

$407,738

PROJECTED STABILIZED INCOME:

$460,832

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