INDICATIVE BIDS DUE 5/9/2017 Transaction Timeline Tuesday, May 9th - Indicative Bids Due Friday, May 12th - Best and Final Participants Notified Friday, May 26th - Refundable Participation Deposits Due Wednesday, May 31st - Best & Final TBD - Close of Escrow - TBD Investment Highlights * 124,499 SF shopping center consisting of 3 separate buildings and an undeveloped outlot * Located on Appleton Avenue, an arterial roadway with significant daily count * Anchored by Piggly Wiggly grocery store with a lease expiring in 2029 Investment OverviewFalls Plaza I-II-III is a 124,499 SF shopping center consisting of three separate buildings and an undeveloped outlot. It is well located on Appleton Avenue which is an arterial roadway with significant daily traffic. The tenants within the shopping center satisfy the daily needs of area residents. The first building is host to a 47,912 SF Piggly Wiggly grocery store which was remodeled in 2015. There is currently a vacant junior anchor space totaling 14,870 SF. The smaller, inline retail spaces are well occupied. The second building features tenants ranging in size from 1,200-4,000 SF including national brands CosmoProf and Fantastic Sam’s. This building offers tenant convenient parking and excellent visibility. The third building is similar to the second. These spaces have a historically high occupancy rate given conventional space depths and retail design characteristics. Each building has its own monument sign. Several existing tenants have a long history at the shopping center. The current owner has re-invested and improved the shopping center in categories ranging from mechanicals to marketability. Recently, they were successful in working with the Village to modify the signage code for the property to ensure that the property meets the expectations of today’s retailer. A separate CSM was established in 2015 to designate a retail outlot in the parking field of the grocery store. This outlot was established with a bank, drive-thru restaurant or additional retail in mind. It offers an investor an opportunity to recapitalize through a sale, or an opportunity to add value to the greater shopping center. This property will be auctioned on Wednesday, May 17 - Wednesday, May 17. For information and to register to bid on this property, please visit Ten-X.com.