BERMUDA SQUARE - GBT REALTY

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CHESTER, VABERMUDA SQUARESITE DESCRIPTIONCENTER TYPEJEFFERSON DAVIS HIGHWAY 14.65 ACRES 136,671 SF22,00 AADT ON JEFFERSON DAVID HWY40,000 AADT ON WEST HUNDRED RDBermuda Square is a 136,671 SF center located in the dominant retail corridor of Chester, Virginia, a southern suburb ofRichmond. Richmond is the state capital of Virginia and is a strategic target market. Between 2000 and 2010, the RichmondMSA population grew by 12.43% and is estimated to expand an additional 15% between 2010 and 2020. With a populationof 1.25M, Richmond is the third largest MSA in the state and the 44th largest in the United States. The center is located atthe heavily traveled intersection of Jefferson Davis Highway and Hundred Road, which is home to many healthy retailersincluding Target, Lowe’s, Kroger, Home Depot, TJ Maxx, HomeGoods, Kohl’s, Ross and Ulta.Bermuda Square boasts six access points, including a fully signalized main entry, and great sight-line visibility.The center’s featured tenants include Burlington, Hobby Lobby, Petco, Chipotle, Starbucks, Mattress Firm, Shoney’s, SunTrustBank, Captain D’s, Valvoline and more

YHW TIS ADVADA 00ON 2,0S2R(HWYWESTH40,0 UNDR00 A ED RADT D1)FEFJEBERMUDASQUARELEASING:Alex KellyAlan Lloyd615.370.0670800.509.1177gbtrealty.comMARKET AERIALBERMUDA SQUARE CHESTER, VA

BERMUDASQUAREWES40T H,0 UN00 DA REA DD RTD114,000 AADT)(HWY 1YWHSVISON DADTJEFFER 22,000 AALEASING:Alex KellyAlan Lloyd615.370.0670800.509.1177gbtrealty.comCENTER AERIALBERMUDA SQUARE CHESTER, VA

NUMBERSBERMUDA SQUARECHESTER, VA3 MILE33,6195 MILE70,8197 MILE131,734RICHMOND7 MILE5 MILE3 MILE3 MILE12,6845 MILE26,8167 MILE48,729AVERAGE3 MILE 86,6345 MILE 88,7817 MILE 83,703MEDIAN3 MILE 77,5015 MILE 79,0317 MILE 74,672FREDRICKSBURGVIRGINIALEASING:Alex KellyAlan CHESTERWILLIAMSBURGNORFOLKLKVIRGINIA BEACH

TERCHEESRSNMANCLEATALDENTERCHESRBERABE’SGAB SHOPILSIA NAORNCALIFINAHCTOPSBERMUDASQUAREWEST HUNDRED40,000 AADT RD 1.06 ACRES)Y1(HWWYHSAVI AADTDNRSO22,000FFEJELEASING:Alex KellyAlan Lloyd615.370.0670800.509.1177gbtrealty.comSITE AERIALBERMUDA SQUARE CHESTER, VA

SITE PLANBERMUDA SQUARECHESTER, VATOTALSLAND AREA: 14.95 ACPROPOSED AREA:136,671 SF642 SPACESOADUNDER LEASEED 1,668 1.06214B210NDR100 - MATTRESS FIRM105 - TOPS CHINA106 - CALIFORNIA NAILS107 - GABE’S BARBER SHOP108 - CHESTER DENTAL CARE109 - MANCHESTER CLEANERS110 - ONEMAIN FINANCIAL111 - SUBWAY185 - UNDER LEASE210 - PETCO212 - GREAT CLIPS214A - H&R BLOCK214B - ADMINISTRATIVE216 - VA ABC300 - UNDER LEASE400 - CHIPOTLE402 - STARBUCKS403 - SHONEY’S404 - CAPTAIN D’s405 - SUNTRUSTOP - VALVOLINEOP - 16110MANCHESTER CLEANERS109CHESTER DENTAL CARE108UNDER LEASEGABE’S BARBER SHOP 107CALIFORNIA NAILS106TOPS CHINA105100300403Alex KellyAlan Lloyd214A1111/2020 Delivery402LEASING:212185T HUSUITE/TENANTADMIN400WESPARKING:404JEFFERSON DAVIS HIGHWAY405OUTPARCEL 1.06ACRESA 1.06 ACRES

THE CITYRICHMOND/S. CHESTERFIELD The south Chesterfield retail submarket is Richmond’s fastestgrowing suburban submarket with record trade area asking rentsand a current vacancy rate of 3.8%Richmond Retail MarketInventory: 82.45 MSFHistorical Occupancy: 95%Vacancy: 4.5%Asking Rates: 16.40 PSF NNN107% increase since 2014South Chesterfield Retail SubmarketInventory: 3.9 MSFHistorical Occupancy: 96%Vacancy: 3.8%Asking Rates: 24.9% increase since 2012New Supply: 417,000 SF Strategic Target Market – Bermuda Square is located in Chester,Virginia, a southern suburb of Richmond. Richmond is the statecapital of Virginia and is identified as a strategic target market.Between 2000 and 2010, the Richmond MSA population grew by12.43% and is estimated to expand an additional 15% between2010 and 2020. With a population of 1.25M, Richmond is the thirdlargest MSA in the state and the 44th largest in the United StatesLEASING:Alex KellyAlan Lloyd615.370.0670800.509.1177gbtrealty.com Strategic Location within Richmond Market – the Chestersubmarket is located 12.1 miles south of Downtown Richmondand the State’s Capitol Building. This bedroom community has70k people within 5 miles with average household incomes of 90k. Chester is a middle to upper middle-income communitythat is germane to the existing tenant base in the market andto the tenants we will add to the center; like Burlington andHobby Lobby. Within the Chester submarket, Bermuda Squareis strategically located 0.3 mile from I-95 and is 1.5 miles southof Hwy 288, which acts as Richmond’s beltway around thewestern half of the city. Bermuda is also located at the dominantintersection in Chester - Jefferson Davis Highway and HundredRoad. The intersection has many healthy retailers; includingTarget, Lowe’s, Kroger, Home Depot, TJ Maxx, HomeGoods,Kohl’s, Ross and Ulta

Strategic Target Market – Bermuda Square is located in Chester, Virginia, a southern suburb of Richmond. Richmond is the state capital of Virginia and is identified as a strategic target market. Between 2000 and 2010, the Richmond MSA population grew by 12.43% and is est