SOUTH DADE PLAZA N. Dixie Highway Cutler Bay, FL

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18591 N. Dixie Highway Cutler Bay, FL

SUMMARY Description South Dade Plaza is a fully renovated 30,270 square foot outparcel. Staples, currently occupies two-thirds of the building. The space available is 10,290 square feet that was previously leased to Mattress Firm. The site is an out-building of the 219,473 square foot South Dade Shopping Center with tenants including Publix, Bed Bath & Beyond, Petco and 45 other primary national retailers. Address 18591 S. Dixie Highway, Cutler Bay, FL Location South Dade Plaza is located on South Dixie Highway between Quail Roost Drive and Eureka Drive, in Cutler Bay, Miami-Dade County, Florida. 2

AERIAL IMAGES SOUTH DADE PLAZA 3

VACANT UNIT Gross Leasable Area: 10,290 sf Term: Ten (10) Year Base Rent: $23.00 per square foot Operating Expenses: $6.00 per square foot Dimensions: 75.2 wide x 142 deep 4

5 SOUTH DADE PLAZA

LOCATOR MAPS 6

7 SOUTH DADE PLAZA

Population 1-mi. 3-mi. 5-mi. 2008 Male Population 6,547 63,370 109,254 2008 Female Population 7,190 69,366 118,099 % 2008 Male Population 47.66% 47.74% 48.05% % 2008 Female Population 52.34% 52.26% 51.95% 2008 Total Adult Population 10,077 96,371 164,634 2008 Total Daytime Population 20,966 125,317 228,463 2008 Total Daytime Work Population 2008 Median Age Total Population 2008 Median Age Adult Population 14,042 58,049 118,683 36 36 35 45 44 44 2008 Age 0-5 1,210 12,342 21,375 2008 Age 6-13 1,630 16,109 27,877 2008 Age 14-17 821 7,914 13,467 2008 Age 18-20 545 5,557 9,119 2008 Age 21-24 709 6,361 10,313 2008 Age 25-29 751 7,265 12,195 2008 Age 30-34 773 7,807 14,267 2008 Age 35-39 954 9,513 16,895 2008 Age 40-44 1,172 11,102 20,080 2008 Age 45-49 1,025 10,712 19,098 2008 Age 50-54 875 9,023 15,708 2008 Age 55-59 733 7,050 12,275 2008 Age 60-64 612 5,401 9,003 2008 Age 65-69 497 4,909 8,002 2008 Age 70-74 469 4,379 6,620 2008 Age 75-79 380 3,106 4,860 2008 Age 80-84 271 2,211 3,261 2008 Age 85+ 311 1,976 2,939 8

Population Change 1-mi. 3-mi. 5-mi. Total Employees n/a n/a n/a Total Establishments n/a n/a n/a 2008 Total Population 13,737 132,736 227,353 2008 Total Households 4,910 44,790 76,523 Population Change 1990-2008 Household Change 1990-2008 % Population Change 1990-2008 % Household Change 1990-2008 Population Change 2000-2008 Household Change 2000-2008 % Population Change 2000-2008 % Households Change 2000-2008 137 27,912 71,894 328 10,937 25,960 1.01% 26.63% 46.25% 7.16% 32.31% 51.34% 922 14,040 30,696 687 7,452 14,758 7.19% 11.83% 15.61% 16.27% 19.96% 23.89% Housing 1-mi. 3-mi. 5-mi. 2000 Total Housing Units 2000 Occupied Housing Units 2000 Owner Occupied Housing Units 2000 Renter Occupied Housing Units 2000 Vacant Housing Units % 2000 Occupied Housing Units % 2000 Owner Occupied Housing Units % 2000 Renter Occupied Housing Units % 2000 Vacant Housing Units 4,434 38,958 64,237 4,247 37,367 61,673 2,705 25,800 46,174 1,541 11,567 15,499 187 1,591 2,564 95.78% 95.92% 96.01% 61.02% 66.23% 71.88% 34.76% 29.69% 24.13% 4.22% 4.08% 3.99% 9

Income 1-mi. 3-mi. 5-mi. 2008 Median Household Income $40,994 $47,098 $54,064 2008 Per Capita Income $22,904 $23,521 $27,125 2008 Average Household Income $64,081 $69,706 $80,590 2008 Household Income < $10,000 652 3,690 4,688 2008 Household Income $10,000-$14,999 242 2,663 3,380 2008 Household Income $15,000-$19,999 366 2,304 3,151 2008 Household Income $20,000-$24,999 287 2,371 3,480 2008 Household Income $25,000-$29,999 357 2,246 3,151 2008 Household Income $30,000-$34,999 263 2,345 3,375 2008 Household Income $35,000-$39,999 231 2,472 3,568 2008 Household Income $40,000-$44,999 289 2,971 4,477 2008 Household Income $45,000-$49,999 285 3,175 5,108 2008 Household Income $50,000-$59,999 440 5,161 9,552 2008 Household Income $60,000-$74,999 580 5,404 11,173 2008 Household Income $75,000-$99,999 507 4,843 9,646 2008 Household Income $100,000-$124,999 210 1,817 3,811 2008 Household Income $125,000-$149,999 82 1,583 3,484 2008 Household Income $150,000-$199,999 82 973 2,263 2008 Household Income $200,000-$249,999 8 240 696 2008 Household Income $250,000-$499,999 29 516 1,457 2008 Household Income $500,000+ 1 16 61 2008 Household Income $200,000+ 37 773 2,214 % 2008 Household Income < $10,000 13.28% 8.24% 6.13% % 2008 Household Income $10,000-$14,999 4.93% 5.95% 4.42% % 2008 Household Income $15,000-$19,999 7.45% 5.14% 4.12% % 2008 Household Income $20,000-$24,999 5.84% 5.29% 4.55% % 2008 Household Income $25,000-$29,999 7.27% 5.01% 4.12% % 2008 Household Income $30,000-$34,999 5.36% 5.24% 4.41% % 2008 Household Income $35,000-$39,999 4.70% 5.52% 4.66% % 2008 Household Income $40,000-$44,999 5.88% 6.63% 5.85% % 2008 Household Income $45,000-$49,999 5.80% 7.09% 6.68% % 2008 Household Income $50,000-$59,999 8.96% 11.52% 12.48% % 2008 Household Income $60,000-$74,999 11.81% 12.07% 14.60% % 2008 Household Income $75,000-$99,999 10.32% 10.81% 12.61% % 2008 Household Income $100,000-$124,999 4.28% 4.06% 4.98% % 2008 Household Income $125,000-$149,999 1.67% 3.53% 4.55% % 2008 Household Income $150,000-$199,999 1.67% 2.17% 2.96% % 2008 Household Income $200,000-$249,999 0.16% 0.54% 0.91% % 2008 Household Income $250,000-$499,999 0.59% 1.15% 1.90% 10 % 2008 Household Income $500,000+ 0.02% 0.04% 0.08% % 2008 Household Income $200,000+ 0.75% 1.73% 2.89%

Retail Sales Volume 1-mi. 3-mi. 5-mi. 2008 Children/Infants Clothing Stores $1,837,229 $17,016,390 $32,601,482 2008 Jewelry Stores $1,381,350 $12,535,945 $23,782,941 2008 Mens Clothing Stores $2,860,982 $25,425,451 $47,869,383 2008 Shoe Stores $2,602,280 $23,888,397 $45,255,107 2008 Womens Clothing Stores $5,192,706 $45,664,556 $84,197,472 2008 Automobile Dealers $33,108,766 $319,381,611 $584,135,856 2008 Automotive Parts/Acc/Repair Stores $4,169,291 $38,462,197 $71,536,858 2008 Other Motor Vehicle Dealers $1,283,561 $11,654,486 $22,020,597 2008 Tire Dealers $1,107,261 $10,206,798 $19,011,247 2008 Hardware Stores $544,944 $6,199,900 $13,102,074 2008 Home Centers $3,601,884 $34,965,451 $63,749,729 2008 Nursery/Garden Centers $1,148,305 $10,721,018 $20,017,192 2008 Outdoor Power Equipment Stores $398,710 $4,182,991 $7,207,457 2008 Paint/Wallpaper Stores $137,739 $1,327,883 $2,344,075 2008 Appliance/TV/Other Electronics Stores 2008 Camera/Photographic Supplies Stores $3,210,833 $28,769,205 $54,570,479 $533,149 $4,944,202 $9,219,443 2008 Computer/Software Stores $1,640,744 $15,113,854 $27,643,898 2008 Beer/Wine/Liquor Stores $2,007,482 $18,507,006 $35,425,776 2008 Convenience/Specialty Food Stores $2,737,680 $35,639,492 $71,448,550 2008 Restaurant Expenditures $13,148,343 $166,822,583 $352,837,725 2008 Supermarkets/Other Grocery excl Conv $23,209,345 $216,071,750 $401,512,638 2008 Furniture Stores $3,295,775 $30,387,394 $56,588,418 2008 Home Furnishings Stores $2,117,377 $19,060,466 $36,767,914 2008 Gen Merch/Appliance/Furniture Stores 2008 Gasoline Stations w/ Convenience Stores $29,604,544 $270,121,493 $504,348,303 $18,355,600 $170,175,115 $324,387,503 2008 Other Gasoline Stations $15,617,920 $134,535,621 $252,938,949 2008 Department Stores excl Leased Depts $32,815,377 $298,890,702 $558,918,785 2008 General Merchandise Stores $26,308,770 $239,734,099 $447,759,889 2008 Other Health/Personal Care Stores $2,175,002 $20,595,078 $37,587,658 2008 Pharmacies/Drug Stores $11,225,189 $104,016,360 $192,462,688 2008 Pet/Pet Supplies Stores $1,636,236 $15,134,090 $27,858,049 2008 Book/Periodical/Music Stores $691,856 $4,638,799 $8,313,433 2008 Hobby/Toy/Game Stores $673,509 $7,351,403 $11,558,053 2008 Musical Instrument/Supplies Stores $296,355 $2,790,824 $5,161,459 2008 Sewing/Needlework/Piece Goods Stores $116,379 $928,190 $1,722,792 2008 Sporting Goods Stores $1,732,984 $14,538,555 $31,469,650 11 2008 Video Tape Stores - Retail $265,447 $2,442,973 $4,568,542

ADJACENT TENANT INFORMATION Staples Staples, the world s largest office products company, is committed to making it easy for customers to buy a wide range of office products, including supplies, technology, furniture, and business services. With $27 billion in sales, Staples serves businesses of all sizes and consumers in 27 countries throughout North and South America, Europe, Asia and Australia. Staples operates 1,832 retail stores throughout the United States and Canada, offering savings on more than 7,000 office products. Our stores are designed and associates are trained to make it easy for small business and home office customers to buy the office products and services they need. The typical Staples superstore is about 20,000 square feet and offers dedicated space for a Copy & Print Center, UPS Ship Center and an EasyTechSM computer service desk. In store Internet kiosks allow customers to shop on staples.com, ensuring they always find what they need. 12

For More Information contact: Phone: (561) 395-8882 Fax: (561) 395-8886 leasinginfo@fimiani.com www.fimiani.com 399 W. Palmetto Park Road, Suite 200 Boca Raton, FL 33432 13