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2921 9th Ave SE <br />Watertown, SD 57201 <br />Sale on 2/22/2018 for $5,176,470 ($94.12/SF) - Research Complete <br />55,000 SF Retail Building Built in 2017 <br />SOLD <br />2 <br />Buyer & Seller Contact Info <br />True Buyer:Seller Contact:Jonathan SilverCIM Income NAV, Inc. <br />Buyer Type:Private REIT <br />Buyer Broker:Listing Broker:James Capital Advisors, Inc <br />Jonathan Silver <br />(818) 212-2671 <br />No Buyer Broker on Deal <br />Sale Date: <br />Price/SF: <br />Sale Price: <br />Actual Cap Rate: <br />$94.12 <br />$5,176,470-Confirmed <br />02/22/2018 (121 days on market) <br />Bldg Type: <br />Sale Conditions: <br />Year Built/Age: <br />GLA: <br />6.80% <br />Retail <br />Built in 2017 Age: 1 <br />55,000 SF <br />Investment Triple Net <br />Percent Leased:100.0% <br />Transaction Details <br />Asking Price:$5,542,520 <br />InvestmentSale Type: <br />ID: 4238809 <br />- <br />Escrow Length:- <br />No. of Tenants:1 <br />Spacer <br />Tenants at time of sale:Hobby Lobby <br />Transaction Notes <br />On February 22nd, 2018 the 55,000 sf retail building at 2921 9th Avenue SE was sold for $5,176,470, or $94.12 per square foot. <br />The listing was on the market for four months with the asking price listed as $ 5,542,520. <br />The buyer was interested in the property to expand its portfolio of assets. <br />This information was gathered from the public record and confirmed on the sellers side of the deal. <br />Copyrighted report licensed to International Appraisal Company - 691368. <br />Page 5