Cash Flow Investment Grade Property

21 Acres Cleared & Level

Close to L&M Hospital and Several

Shopping Centers

Nearby to Pfizer World Headquarters and

other office developments

Medical Office Campus Site

Professional Office Complex Site

Retail Shopping Center Site

Self-storage Location PROXIMITY: Close proximity to area retail shopping centers, Lawrence & Memorial Hospital, Pfizer

Pharmaceuticals World Research Headquarters, Shaw’s Cove Office Complexes, and

many other daytime-populated offices and businesses.

AVAILABILITY: Great investment property with long-term credit tenant occupying the modern building.

18+/- acres of land for additional development.

ACRES: 21.25 Acres

FRONTAGE: 570.82 +/- feet on Willetts Avenue. 50 feet on Myrock Avenue, plus ROW access from

Myrock Avenue.

TRAFIC COUNT: Average Daily Traffic: Willetts Ave: 10,600; Route 1 before turn off to Willetts: 22,000

DESCRIPTION: ? Street-level, cleared acreage with one commercial building located in the southeast

corner of the parcel.

? Existing 10,500 SF building leased to Metrocast (Lease financial data available upon

request and executed confidentiality agreement)

? Tenant has proposed to convert the existing warehouse space into office space and to

construct an additional 5,000 SF warehouse facility on the property.

DEMOGRAPHICS: 1 Mile 3 Miles 5 Miles

Total Population: 10,382 50,088 78,331

Median Household Income: $37,978 $43,570 $46,500

Daytime Population: 4,699 27,071 37,922

BUILDING AGE: 1986. Expansion and remodeling by tenant planned for 2010.

PARKING: 42 Spaces. Additional parking to be added with the building expansion.

FEATURES ? Class A corporate office ? Sound-proof Recording Studio

? High bay warehouse ? Ample parking

? Drive-in bay ? Fire sprinklers throughout

UTILITIES: Municipal sewer and water; Natural gas. 400 amp 3 phase electric.

ZONING: CG General Commercial. Permitted uses include retail, office, medical facilities,

restaurants, night clubs, funeral parlors and other commercial uses.

TAXES: $24,891 (61 Myrock - 20.64 acres); $537 (384 Willetts - .52 acres)

FOR SALE: $2,450,000