Westgate Shopping Center

OUTSTANDING LEASING MOMENTUM OVER THE PAST THREE YEARS

• 17 New Leases Across +80,000 SF I 13 Recent Renewals Across +50,000 SF

IDEAL INCOME DIVERSIFICATION

• Highly Diversified Shop Space (sub 10,000 sf) I 43 E-Commerce Resilient Tenants
• No Shop Space Tenant Attributes More Than 5% of Income

MULTIPLE VALUE CREATION OPPORTUNTIES

• Separately Parceled Applebee’s and Kohl’s
• Existing Vacancy Allows for Immediate NOI Upside
• Significantly Below Market Applebee’s Outparcel
• Ability to Convert Jr. Anchor to NNN Upon Rollover
• 25% of Shop Space Does Not Have Fixed Rate Renewal Options

STRONG SALES PRODUCTIVITY

• Average Weighted Occupancy Cost is 8.00%
• Average Sales PSF (tenants under 5,000 sf) are Greater than $400/sf

RECENT CAPITAL UPGRADES

• Total Investment by Ownership over Past Three Years Exceeds $2M

OH Licensee:

Bill Poffenberger

bill.poffenberger@jll.com

License #: OH-352247

513.252.2107