2020 Avg. HH Income Heat Map
                                                   12130 Sunset Hills Rd, Reston, VA 20190
Source: ©2020 Esri.                                February 25, 2021
©2021 Esri
                                                                  Page 1 of 1
Demographic Snapshot                                                  Prepared by KLNBretail                                              Demographic Snapshot                                                  Prepared by KLNBretail
                                                                                                      Latitude: 38.95501                                                                                                                        Latitude: 38.95501
                           12120 Sunset Hills Rd, Reston, Virginia, 20190                                                                                            12120 Sunset Hills Rd, Reston, Virginia, 20190
                           Rings: 1, 3, 5 mile radii                                              Longitude: -77.36506                                               Rings: 1, 3, 5 mile radii                                              Longitude: -77.36506
Data for all businesses in area                                            1 mile    3 miles                           5 miles                                                                                       1 mile     3 miles    5 miles
   Total Businesses:                                                        1,949        5,616                             8,931
   Total Employees:                                                                                                                        Median Household Income
   Total Residential Population:                                           37,201      86,171                          127,996
   Employee/Residential Population Ratio:                                  12,397    134,839                           224,951                2020 Median Household Income                                           $114,771   $122,755   $132,713
                                                                                                                                              2025 Median Household Income                                           $120,338   $129,809   $139,525
                                                                                3:1         1:1                               1:1             2018-2023 Annual Rate
                                                                                                                                           Average Household Income                                                      0.95%      1.12%      1.01%
Population                                                                 1 mile    3 miles     5 miles                                   2020 Average Household Income                                             $158,989   $164,005   $181,058
                                                                             6,612   108,701     184,369                                   2025 Average Household Income                                             $170,714   $177,174   $193,357
   2000 Population                                                                   125,565     209,325                                   2018-2023 Annual Rate
   2010 Population                                                         10,483    134,839     224,951                                                                                                                 1.43%      1.56%      1.32%
   2020 Population                                                         12,397    144,579     240,109
   2025 Population                                                         15,169                                                          Households by Income
   2000-2010 Annual Rate                                                   4.72%       1.45%        1.28%
   2010-2018 Annual Rate                                                   1.65%       0.70%        0.70%                                  Current median household income is $114,771 in the area, compared to $58,100 for all U.S. households. Median household income is
   2018-2023 Annual Rate                                                   4.12%       1.40%        1.31%                                  projected to be $120,338 in five years, compared to $65,727 for all U.S. households
   2020 Male Population                                                    49.8%       49.6%        49.9%
   2020 Female Population                                                  50.2%       50.4%        50.1%                                  Current average household income is $158,989 in this area, compared to $83,694 for all U.S. households. Average household income is
   2020 Median Age                                                                                                                         projected to be $170,714 in five years, compared to $96,109 for all U.S. households
                                                                               38.6       37.3         38.2
                                                                                                                                           Current per capita income is $77,137 in the area, compared to the U.S. per capita income of $31,950. The per capita income is projected to
In the identified area, the current year population is 12,397. In 2010, the Census count in the area was 10,483. The rate of change since  be $77,428 in five years, compared to $36,530 for all U.S. households
2010 was 1.65% annually. The five-year projection for the population in the area is 15,169 representing a change of 4.12% annually from
2018 to 2023. Currently, the population is 49.8% male and 50.2% female.                                                                    Housing
                                                                                                                                           2000 Total Housing Units                                                  2,859      41,909     66,791
Median Age                                                                                                                                 2000 Owner Occupied Housing Units                                         1,371      27,771     49,151
The median age in this area is 38.6, compared to U.S. median age of 37.9.                                                                  2000 Renter Occupied Housing Units                                        1,290      12,580     15,716
Race and Ethnicity
                                                                                                                                           2000 Vacant Housing Units                                                 198 1,558 1,924
   2020 White Alone
   2020 Black Alone                                                                                                                        2010 Total Housing Units                                                  5,435      50,595     78,585
   2020 American Indian/Alaska Native Alone
   2020 Asian Alone                                                        56.7%     55.7%       57.7%                                     2010 Owner Occupied Housing Units                                         2,419      31,051     53,816
   2020 Pacific Islander Alone                                             10.1%     10.4%        8.4%
   2020 Other Race                                                                                0.3%                                     2010 Renter Occupied Housing Units                                        2,592      17,372     21,788
   2020 Two or More Races                                                   0.4%      0.3%
   2020 Hispanic Origin (Any Race)                                         18.5%     21.2%       20.8%                                     2010 Vacant Housing Units                                                 424 2,172 2,981
                                                                                                  0.0%
                                                                            0.0%      0.0%        7.8%                                     2020 Total Housing Units                                                  6,455      54,511     84,317
                                                                            8.9%      7.2%        4.9%
                                                                            5.3%      5.1%                                                 2020 Owner Occupied Housing Units                                         2,482      31,670     55,819
                                                                           19.8%     17.4%       17.4%
                                                                                                                                           2020 Renter Occupied Housing Units                                        3,562      20,609     25,640
                                                                                                                                           2020 Vacant Housing Units                                                 411 2,232 2,857
                                                                                                                                           2025 Total Housing Units                                                  7,214      57,936     89,467
Persons of Hispanic origin represent 19.8% of the population in the identified area compared to 18.3% of the U.S. population. Persons of   2025 Owner Occupied Housing Units                                         2,541      31,929     56,902
Hispanic Origin may be of any race. The Diversity Index, which measures the probability that two people from the same area will be from
different race/ethnic groups, is 75.0 in the identified area, compared to 64.3 for the U.S. as a whole.                                    2025 Renter Occupied Housing Units                                        4,369      23,873     29,716
                                                                                                                                           2025 Vacant Housing Units                                                 304 2,134 2,850
Households                                                                                                                                 Currently, 38.5% of the 6,455 housing units in the area are owner occupied; 55.2%, renter occupied; and 6.4% are vacant. Currently, in
                                                                                                                                           the U.S., 56.0% of the housing units in the area are owner occupied; 32.8% are renter occupied; and 11.2% are vacant. In 2010, there
2000 Households                                                             2,661    40,350      64,867                                    were 5,435 housing units in the area - 44.5% owner occupied, 47.7% renter occupied, and 7.8% vacant. The annual rate of change in
2010 Households                                                             5,011    48,423      75,604                                    housing units since 2010 is 7.94%. Median home value in the area is $462,969, compared to a median home value of $218,492 for the U.S.
2020 Total Households                                                       6,044    52,279      81,460                                    In five years, median value is projected to change by 1.01% annually to $486,935.
2025 Total Households                                                       6,910    55,802      86,617
2000-2010 Annual Rate                                                      6.53%     1.84%       1.54%
2010-2018 Annual Rate                                                      1.85%     0.75%       0.73%
2018-2023 Annual Rate                                                      2.71%     1.31%       1.24%
2020 Average Household Size
                                                                              2.00      2.57        2.76
The household count in this area has changed from 5,011 in 2010 to 6,044 in the current year, a change of 1.85% annually. The five-year
projection of households is 6,910, a change of 2.71% annually from the current year total. Average household size is currently 2.00,
compared to 2.04 in the year 2010. The number of families in the current year is 2,692 in the specified area.
Source: Esri, Esri and Infogroup, U.S. Census                                                                                              Source: Esri, Esri and Infogroup, U.S. Census
                                                                                                 September 30, 2020                                                                                                                        September 30, 2020
                                                                                                                   Page 1 of 2                                                                                                                               Page 2 of 2
CABIN JOHN // ROCKVILLE, MD
SITE SUMMARY
SITE: CABIN JOHN
LANDLORD: EDENS
SPACE: ENDCAP OF NEW OUTPARCEL BUILDING
SIZE: 3,000 SF
BASE RENT: $75 PSF
NNN’S: $18 PSF
COMMENTS: LANDLORD IS MOVING FORWARD WITH OTHER PROSPECTS FOR
THIS BUILDING BUT NOT SIGNED YET.
WINTERGREEN                     THE GALVAN                              TWTIhNeBRGOaOlvKaCnENTER     ASPEN HILL
                                                                                       PLAZA
                                                                                                                                                                                                       GLENMONT
                                                                 227700                                                                                                                             SHOPPING CENTER
                                                                                    FEDERAL PLAZA
                                  POTOMAC WOODS PLAZA
                                  PARK POTOMAC                                                                                   PROPOSED                   MONTROSE CROSSING
                                                                                                                                PIKE CENTER                                 WHITE FLINT
                                                                                                                                                                               PLAZA
                                                                                    CONGRESSIONAL PLAZA                                                                                           WHEATON PARK
                                                                                                                                                                                                 SHOPPING CENTER
                                                                 CABIN JOHN MALL &                                  TOWNE PLAZA     Rockville Pike                                         WESTFIELD
                                                                 SHOPPING CENTER                                          TOWN PLAZA                                                     SHOPPING TOWN
                                                PROPOSED                                             PIKE & ROSE      PROPOSED
                                                                                    227700                            NORTH BETHESDA
                                                                                                                          MARKET
                 3 MILES
                                                                                       WESTLAKE                     ROCK SPRING CENTRE
                                                                                    SHOPPING CENTER                                           WILDWOOD
POTOMAC PLACE                                                                                                                              SHOPPING CENTER   NORTH
SHOPPING CENTER                                                                                                                                             BETHESDA
                                                                 MONTGOMERY MALL                                                                                                         NORTH
                                                                                                                                                                                         KENSINGTON
                 POTOMAC VILLAGE                       EXISTING
                 SHOPPING CENTER
                                                                                                 ROCK SPRING PLACE
POTOMAC          Potomac Public
                      Library
                                  River Road
POTOMAC WOODS PLAZA
PARK POTOMAC
              CABIN JOHN MALL &          CONGRESSIONAL PLAZA                PROPOSED                  MONTROSE CROSSING
              SHOPPING CENTER                                                                              WHITE FLINT
                                           PIKE & ROSE                    PIKE CENTER                        PLAZA
PROPOSED
                                                              TOWNE PLAZA                                          WESTFIELD
                                                                    TOWN PLAZA                                  SHOPPING TOWN
                                            WESTLAKE            PROPOSED
                                         SHOPPING CENTER
                                                              NORTH BETHESDA
                        MONTGOMERY MALL                           MARKET
                                                                                        WILDWOOD
                                                                                     SHOPPING CENTER
              EXISTING
                                                              3 MILES
VIEW STREETVIEW
          2(2001,97A4D9T)
PROPOSED
                                             CABIN JOHN
                                           SHOPPING CENTER
                           (210619,6AD0T)8
CABIN JOHN VILLAGE
                                                                                                                                                                                                        CABIN JOHN VILLAGE
                                                                                                                                                                       Coddle Harbor Ln                                                                       ±2,000 SF
                                                                                                                                                                                                                                                                                                                 ±127,3030 SF                                                   CABIN JOHN                                                                                                              PARK
                                                                                                                                                                                                                                                                                                                                                                               SECOND LEVEL
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   ± 4,200 SF
                                                                                                                                                                                                                                                                                                   ±136,4020 SF                             ±128,0030 SF                                                                                                                                                                                                                 EYA Townhomes
                                                                                                                                                                                                                                                                                    ±115,9090 SF                                                                                                                                                                                                                                                                400
                                                                                                                                                                                                                                                                          ±114,3010 SF                                         ±19060 SF                                                                                                                GREENSPACE                                                                                        ±33,373 SF           48 Units
                                                                                                                                                                                                                                                                                                                                          ±27540 SF ±A390V7A0ILSAFBLE                                                                               OPEN SPRING 2021
                                                                                                                                                                                                                                                          ±132,2030 SF                                                                                                                                                                                                                                                                                                  Sales Price: >$1M
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      Under Construction
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      Delivery: Q3/Q4 2020
                                                                                                                                                                                             ±113,5040 SF                                                                                                                                   ±23000 SF
                                                                                                                                                                                                                                                                                                                                                                               Outdoor Seating
                                                                                                                                                                                                                                                              ±191800 SF                                                                                  ±15,A091va7ilSaFble  ±34,096F0SSRF
                                                                                                                                   Q2 2020 Pad Delivery                                                                                                                   ±110,0080 SF
                                                                                                                                           ± 4,000 SF                                                                                                                              ±99080 SF
2 CABIN JOHN VILLAGE                                                                                                                                                               PROPOSED                                                                                                                                                 ±46,0540 SF
                                                                                                                                                                                                                                                                                                                               ±17,0170 SF                                                                                                                      Proposed: Fitness   Juice                                                                                                          Vet                            Lahinch
                                                                                                                                                                                                                                                                                                                 ±38,0570 SF                                                                                                                                         ± 2,000 SF        ± 1,190 SF                                                                                                  495                               600
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               ±1,540 SF
                                                                                                                                                                                                                                                                                                                                                                                                                                                                 Proposed: Salon                                                                                                                                                 ±5,000 SF
                                                                                                                                                                                                                                                                                                                                                                                                                                                                     ± 2,000 SF                                                                                                                 Weichert
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   490                        Proposed: FSR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                Proposed: Wine Bar
                                                                                                                                                                                                                                                                                                                                                                                                                                                                      ± 3,700 SF                                                                                                               ±2,980 SF
                                                                                                                                                                                                                                         Outdoo9r0S0eSatFing                                                                                                                                                                                                                        Chocolate                                                                                                             ±800 SF    Gregorio’s Italian
                                                                                                                                                                                         Outdoo4r 0S0eSatFing                                                                                                                                                                                                                                                                          ± 1,000 SF                                                                                                                            610
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         ±2,930 SF
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           620
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      ±1,560 SF
                                                                                                                                                                                                                                               FSR/QSR                                                                                                                         300                                                                       340                        Florist                                                                               460    470                          485                     630
                                                                                                                                                                                                                                              ± 5,000 SF                                                                                                                          ±2,420 SF                                                         ±15,300 SF                         ± 1,000 SF                                                                     ±5,330 SF     ±1,510 SF             ±2,000 SF               ±1,580 SF
                                                                                                                                                                                                                                                                                                                                                                                              Broadway Pizza
                                                                                                                                                       Seven Locks Rd              Q2 2020 Pad Delivery                                                                                                                                                                                                                                                                                                                                                                                        Ice Cream    OPENS                 650
                                                                                                                                                                                          ± 3,500 SF                                                                                                                                                                                              310                                                                                                                                                                                              475    FALL 2020           ±2,450 SF
                                                                                                                                                                                                                                                                                                                                                                                                      ±1,810 SF
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               ±1,190 SF
                                                                                                                                                                                                                                                                                                                                                                                                                      320
                                                                                                                                                                                                                                                                                                                                                                                                                          ±1,570 SF                                                                                                                                                                                     640
                                                                                                                                                                                                                                                                                                                                                                                                                                     330 | ±840 SF                                                                                                                                                                   ±640 SF
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             660
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         ±1,140 SF
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             670
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         ±1,140 SF
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  680
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              ±2,860 SF
                                                                                                                                                                       19,973 VPD                770                                                                                                                                                                                                                                                                                                                                                                                                                            690
                                                                                                                                                                                             ± 3,000 SF                                                                                                                                                                                                                                                                                                                                                                                                                    ±3,060 SF
                                                                                                                                                                                                                760                                                                                                                                                                                                                                                                                                                                                                                                            700
                                                                                                                                                                                                           ± 2,050 SF                                                                                                                                                                                                                                                                                                                                                                                                    The Glossary
                                                                                                                                                                                                                                                                              750                                                  740                                                                                                                                                                                                                                                                                         705
                                                                                                                                                                                                                                                                          ± 2,600 SF                                           ± 2,200 SF
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    710
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                ±1,530 SF
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     CARPET & VAC
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 720
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             ±1,530 SF
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               730
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           ±3,050 SF
                                                                                                                                                                                                                                                                                                                               Tuckerman Ln 15,993 VPD
CABIN JOHN VILLAGE
                                                     Coddle Harbor Ln                                                                       ±2,000 SF
                                                                                                                                                                                               ±127,3030 SF                                                   CABIN JOHN                                                                                                              PARK
                                                                                                                                                                                                                                                             SECOND LEVEL                                                                                                        ± 4,200 SF
                                                                                                                                                                                 ±136,4020 SF                             ±128,0030 SF                                                                                                                                                                                                        400      EYA Townhomes
                                                                                                                                                                  ±115,9090 SF                                                                                                                                                                                                                                                          ±33,373 SF
                                                                                                                                                        ±114,3010 SF                                         ±19060 SF                                                                                                                GREENSPACE                                                                                                             48 Units
                                                                                                                                                                                                                        ±27540 SF ±A390V7A0ILSAFBLE                                                                               OPEN SPRING 2021
                                                                                                                                        ±132,2030 SF                                                                                                                                                                                                                                                                                                  Sales Price: >$1M
                                                                                                                                                                                                                                                                                                                                                                                                                                                    Under Construction
                                                                                                                                                                                                                                                                                                                                                                                                                                                    Delivery: Q3/Q4 2020
                                                                       ±113,5040 SF                                                                                                                                       ±23000 SF
                                                                                                                                                                                                                                                             Outdoor Seating
                                                                                                                                            ±191800 SF                                                                                  ±15,A091va7ilSaFble  ±34,096F0SSRF
                               Q2 2020 Pad Delivery                                                                                                     ±110,0080 SF
                                      ± 4,000 SF                                                                                                                 ±99080 SF
                                                                                                                                                                                                                          ±46,0540 SF
                                                                                                                                                                                                             ±17,0170 SF                                                                                                                      Proposed: Fitness   Juice                                                                                                          Vet                            Lahinch
                                                                                                                                                                                               ±38,0570 SF                                                                                                                                         ± 2,000 SF        ± 1,190 SF                                                                                                  495                               600
                                                                                                                                                                                                                                                                                                                                                                                                                                                                             ±1,540 SF
                                                                                                                                                                                                                                                                                                                                               Proposed: Salon                                                                                                                                                 ±5,000 SF
                                                                                                                                                                                                                                                                                                                                                   ± 2,000 SF                                                                                                                 Weichert
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 490                        Proposed: FSR
                                                                                                                                                                                                                                                                                                                                              Proposed: Wine Bar
                                                                                                                                                                                                                                                                                                                                                    ± 3,700 SF                                                                                                               ±2,980 SF
                                                                                                                       Outdoo9r0S0eSatFing                                                                                                                                                                                                                                                                                                                                                         Gregorio’s Italian
                                                                       Outdoo4r 0S0eSatFing                                                                                                                                                                                                                                                                                                                                                                                                                610
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       ±2,930 SF
                                                                                                                                                                                                                                                                                                                                                                  Chocolate                                                                                                             ±800 SF                 620
                                                                                                                                                                                                                                                                                                                                                                     ± 1,000 SF                                                                                                                             ±1,560 SF
                                                                                                                             FSR/QSR                                                                                                                         300                                                                       340                        Florist                                                                               460    470                          485                     630
                                                                                                                            ± 5,000 SF                                                                                                                          ±2,420 SF                                                         ±15,300 SF                         ± 1,000 SF                                                                     ±5,330 SF     ±1,510 SF             ±2,000 SF               ±1,580 SF
                                                                                                                                                                                                                                                                            Broadway Pizza
                               Seven Locks Rd                    Q2 2020 Pad Delivery                                                                                                                                                                                                                                                                                                                                                                                        Ice Cream    OPENS                 650
                                                                        ± 3,500 SF                                                                                                                                                                                              310                                                                                                                                                                                              475    FALL 2020           ±2,450 SF
                                                                                                                                                                                                                                                                                    ±1,810 SF
                                                                                                                                                                                                                                                                                                                                                                                                                                                                             ±1,190 SF
                                                                                                                                                                                                                                                                                                    320
                                                                                                                                                                                                                                                                                                        ±1,570 SF                                                                                                                                                                                     640
                                                                                                                                                                                                                                                                                                                   330 | ±840 SF                                                                                                                                                                   ±640 SF
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           660
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       ±1,140 SF
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           670
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       ±1,140 SF
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                680
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            ±2,860 SF
                                                     19,973 VPD            770                                                                                                                                                                                                                                                                                                                                                                                                                                690
                                                                       ± 3,000 SF                                                                                                                                                                                                                                                                                                                                                                                                                        ±3,060 SF
                                                                                          760                                                                                                                                                                                                                                                                                                                                                                                                                700
                                                                                     ± 2,050 SF                                                                                                                                                                                                                                                                                                                                                                                                        The Glossary
ENTRANCE FROM SEVEN LOCKS RD.                                                                                                                               750                                                  740                                                                                                                                                                                                                                                                                         705
                                                                                                                                                        ± 2,600 SF                                           ± 2,200 SF
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  710
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              ±1,530 SF
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   CARPET & VAC
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               720
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           ±1,530 SF
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             730
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         ±3,050 SF
                                                                                                                                                                                                             Tuckerman Ln 15,993 VPD
                                                                 CABIN JOHN VILLAGE 3
ABCDE F GOutdoor Dining
                                                                                                                                                                                                                                                                                                           ABCDE F G± 900 SF
         Proposed Space
              ± 5,000 SF
Outdoor Dining
    ± 400 SF
                                                                                                         OUTPARCEL LOD                          CABIN JOHN VILLAGE 5
                                                                                                                   Cabin John
1221 Main Street ◊ Suite 1000 ◊ Columbia, SC ◊ 29201 Phone: 803.779.4420 ◊ Fax: 877.217.355  04 23 2019  DRAWN BY  HG          SCALE  1" = 20'
2020 Avg. HH Income Heat Map
                     TOWNE PLAZA                       7991 Tuckerman Lane, Potomac, MD
                                      PIKE CENTER
                                                                                  February 25, 2021
                               MONTGOMERY COUNTY MALL
                                                                                                     Page 1 of 1
Source: ©2020 Esri.
©2021 Esri
Demographic Snapshot                                                                                                                      Demographic Snapshot
                           11325 Seven Locks Rd, Potomac, Maryland, 20854 2                      Prepared by KLNBretail                                              11325 Seven Locks Rd, Potomac, Maryland, 20854 2             Prepared by KLNBretail
                           11325 Seven Locks Rd, Potomac, Maryland, 20854                             Latitude: 39.04206                                             11325 Seven Locks Rd, Potomac, Maryland, 20854                    Latitude: 39.04206
                           Rings: 1, 3, 5 mile radii                                                                                                                 Rings: 1, 3, 5 mile radii
                                                                                                  Longitude: -77.15757                                                                                                             Longitude: -77.15757
Data for all businesses in area                                            1 mile    3 miles                           5 miles                                                            1 mile                       3 miles    5 miles
   Total Businesses:                                                           267       6,000                           13,807
   Total Employees:                                                                                                                        Median Household Income                        $156,131                     $127,579   $126,045
   Total Residential Population:                                            2,547      88,367                          196,998                2020 Median Household Income                $161,015                     $131,888   $132,481
   Employee/Residential Population Ratio:                                  11,376    106,869                           273,958                2025 Median Household Income
                                                                                                                                              2018-2023 Annual Rate                           0.62%                        0.67%      1.00%
                                                                                0:1         1:1                               1:1
                                                                                                                                           Average Household Income
Population
                                                                           1 mile    3 miles     5 miles                                   2020 Average Household Income                  $226,220                     $192,340   $186,223
   2000 Population                                                         12,156      92,883    232,579                                   2025 Average Household Income                  $240,664                     $203,677   $199,229
   2010 Population                                                         11,342      98,712    257,887                                   2018-2023 Annual Rate
   2020 Population                                                         11,376                273,958                                                                                      1.25%                        1.15%      1.36%
   2025 Population                                                         11,379    106,869     280,965
   2000-2010 Annual Rate                                                   -0.69%    110,678                                               Households by Income
   2010-2018 Annual Rate                                                    0.03%                   1.04%
   2018-2023 Annual Rate                                                    0.01%      0.61%        0.59%                                  Current median household income is $156,131 in the area, compared to $58,100 for all U.S. households. Median household income is
   2020 Male Population                                                     47.3%      0.78%        0.51%                                  projected to be $161,015 in five years, compared to $65,727 for all U.S. households
   2020 Female Population                                                   52.7%      0.70%        48.4%
   2020 Median Age                                                                     47.9%        51.6%                                  Current average household income is $226,220 in this area, compared to $83,694 for all U.S. households. Average household income is
                                                                               47.9    52.1%                                               projected to be $240,664 in five years, compared to $96,109 for all U.S. households
                                                                                                       42.7
                                                                                          44.2                                             Current per capita income is $83,412 in the area, compared to the U.S. per capita income of $31,950. The per capita income is projected to
                                                                                                                                           be $88,162 in five years, compared to $36,530 for all U.S. households
In the identified area, the current year population is 11,376. In 2010, the Census count in the area was 11,342. The rate of change since
2010 was 0.03% annually. The five-year projection for the population in the area is 11,379 representing a change of 0.01% annually from    Housing
2018 to 2023. Currently, the population is 47.3% male and 52.7% female.
                                                                                                                                           2000 Total Housing Units                       4,736                        36,922     89,603
Median Age                                                                                                                                 2000 Owner Occupied Housing Units              3,766                        25,759     65,320
The median age in this area is 47.9, compared to U.S. median age of 37.9.                                                                  2000 Renter Occupied Housing Units                                          879 10,200 21,809
Race and Ethnicity
                                                                                                                                           2000 Vacant Housing Units                                                   91 963 2,474
   2020 White Alone
   2020 Black Alone                                                                                                                        2010 Total Housing Units                       4,263                        41,229     101,712
   2020 American Indian/Alaska Native Alone
   2020 Asian Alone                                                        68.0%     63.3%       61.5%                                     2010 Owner Occupied Housing Units              3,434                        26,521     68,582
   2020 Pacific Islander Alone                                              7.9%      8.0%        8.7%
   2020 Other Race                                                          0.2%      0.2%        0.3%                                     2010 Renter Occupied Housing Units                                          711 12,629 28,061
   2020 Two or More Races
   2020 Hispanic Origin (Any Race)                                         18.4%     20.5%       18.5%                                     2010 Vacant Housing Units                                                   118 2,079 5,069
                                                                            0.0%      0.1%        0.1%
                                                                            1.7%      3.8%        6.5%                                     2020 Total Housing Units                       4,278                        44,886     108,195
                                                                            3.8%      4.1%        4.4%
                                                                                                                                           2020 Owner Occupied Housing Units              3,362                        26,565     68,301
                                                                           12.0%     13.5%       18.5%
                                                                                                                                           2020 Renter Occupied Housing Units                                          782 16,495 34,983
                                                                                                                                           2020 Vacant Housing Units                                                   134 1,826 4,910
                                                                                                                                           2025 Total Housing Units                       4,287                        46,484     111,279
Persons of Hispanic origin represent 12.0% of the population in the identified area compared to 18.3% of the U.S. population. Persons of   2025 Owner Occupied Housing Units              3,361                        26,927     68,913
Hispanic Origin may be of any race. The Diversity Index, which measures the probability that two people from the same area will be from
different race/ethnic groups, is 60.4 in the identified area, compared to 64.3 for the U.S. as a whole.                                    2025 Renter Occupied Housing Units                                          756 17,857 37,352
                                                                                                                                           2025 Vacant Housing Units                                                   170 1,700 5,015
Households                                                                                                                                 Currently, 78.6% of the 4,278 housing units in the area are owner occupied; 18.3%, renter occupied; and 3.1% are vacant. Currently, in
                                                                                                                                           the U.S., 56.0% of the housing units in the area are owner occupied; 32.8% are renter occupied; and 11.2% are vacant. In 2010, there
2000 Households                                                              4,644   35,959       87,129                                   were 4,263 housing units in the area - 80.6% owner occupied, 16.7% renter occupied, and 2.8% vacant. The annual rate of change in
2010 Households                                                              4,145   39,150       96,643                                   housing units since 2010 is 0.16%. Median home value in the area is $716,709, compared to a median home value of $218,492 for the U.S.
2020 Total Households                                                        4,144   43,060      103,285                                   In five years, median value is projected to change by 0.14% annually to $721,678.
2025 Total Households                                                        4,117   44,784      106,264
2000-2010 Annual Rate                                                      -1.13%    0.85%         1.04%
2010-2018 Annual Rate                                                       0.00%    0.93%         0.65%
2018-2023 Annual Rate                                                      -0.13%    0.79%         0.57%
2020 Average Household Size
                                                                               2.72     2.44          2.62
The household count in this area has changed from 4,145 in 2010 to 4,144 in the current year, a change of 0.00% annually. The five-year
projection of households is 4,117, a change of -0.13% annually from the current year total. Average household size is currently 2.72,
compared to 2.72 in the year 2010. The number of families in the current year is 3,191 in the specified area.
Source: Esri, Esri and Infogroup, U.S. Census                                                                                              Source: Esri, Esri and Infogroup, U.S. Census
                                                                                                 November 20, 2020                                                                                                                November 20, 2020
                                                                                                                  Page 1 of 2                                                                                                                      Page 2 of 2
TOWNE PLAZA // ROCKVILLE, MD
SITE SUMMARY
SITE: TOWNE PLAZA
LANDLORD:
SPACE:
SIZE:
BASE RENT:
NNN’S:
COMMENTS:
WINTERGREEN                     THE GALVAN                              TWTIhNeBRGOaOlvKaCnENTER     ASPEN HILL
                                                                                       PLAZA
                                                                                                                                                                                                       GLENMONT
                                                                 227700                                                                                                                             SHOPPING CENTER
                                                                                    FEDERAL PLAZA
                                  POTOMAC WOODS PLAZA
                                  PARK POTOMAC                                                                                   PROPOSED                   MONTROSE CROSSING
                                                                                                                                PIKE CENTER                                 WHITE FLINT
                                                                                                                                                                               PLAZA
                                                                                    CONGRESSIONAL PLAZA                                                                                           WHEATON PARK
                                                                                                                                                                                                 SHOPPING CENTER
                                                                 CABIN JOHN MALL &                                  TOWNE PLAZA     Rockville Pike                                         WESTFIELD
                                                                 SHOPPING CENTER                                          TOWN PLAZA                                                     SHOPPING TOWN
                                                PROPOSED                                             PIKE & ROSE      PROPOSED
                                                                                    227700                            NORTH BETHESDA
                                                                                                                          MARKET
                 3 MILES
                                                                                       WESTLAKE                     ROCK SPRING CENTRE
                                                                                    SHOPPING CENTER                                           WILDWOOD
POTOMAC PLACE                                                                                                                              SHOPPING CENTER   NORTH
SHOPPING CENTER                                                                                                                                             BETHESDA
                                                                 MONTGOMERY MALL                                                                                                         NORTH
                                                                                                                                                                                         KENSINGTON
                 POTOMAC VILLAGE                       EXISTING
                 SHOPPING CENTER
                                                                                                 ROCK SPRING PLACE
POTOMAC          Potomac Public
                      Library
                                  River Road
POTOMAC WOODS PLAZA
PARK POTOMAC
              CABIN JOHN MALL &          CONGRESSIONAL PLAZA                PROPOSED                  MONTROSE CROSSING
              SHOPPING CENTER                                                                              WHITE FLINT
                                           PIKE & ROSE                    PIKE CENTER                        PLAZA
PROPOSED
                                                              TOWNE PLAZA                                          WESTFIELD
                                                                    TOWN PLAZA                                  SHOPPING TOWN
                                            WESTLAKE            PROPOSED
                                         SHOPPING CENTER
                                                              NORTH BETHESDA
                        MONTGOMERY MALL                           MARKET
                                                                                        WILDWOOD
                                                                                     SHOPPING CENTER
              EXISTING
                                                              3 MILES
VIEW STREETVIEW
                                                            PROPOSED
FEDERAL PLAZA
                            PIKE CENTER
                           SHOPPING MALL
                           Rockville Pike
                                           4(82,02195A4DT)
                 PROPOSED
                                                                      MONTROSE CROSSING
                                                                        SHOPPING MALL
2020 Avg. HH Income Heat Map
                                                              12147 Rockville Pike, Rockville, MD 20852
                                                 PIKE CENTER
                                 TOWNE PLAZA
                     CABIN JOHN
                          MONTGOMERY MALL
Source: ©2020 Esri.                                           February 25, 2021
©2021 Esri
                                                                             Page 1 of 1
Demographic Snapshot                                                    Prepared by KLNBretail                                            Demographic Snapshot                                                  Prepared by KLNBretail
                                                                                                        Latitude: 39.05651                                                                                                                      Latitude: 39.05651
                           12250 Rockville Pike, Rockville, Maryland, 20852                                                                                          12250 Rockville Pike, Rockville, Maryland, 20852
                           Rings: 1, 3, 5 mile radii                                                Longitude: -77.12028                                             Rings: 1, 3, 5 mile radii                                              Longitude: -77.12028
Data for all businesses in area                                              1 mile    3 miles                           5 miles                                                                                       1 mile   3 miles    5 miles
   Total Businesses:                                                          2,083        7,746                           14,991
   Total Employees:                                                                                                                        Median Household Income
   Total Residential Population:                                             34,520    104,892                           203,716
   Employee/Residential Population Ratio:                                    26,371    153,432                           352,799              2020 Median Household Income                                             $85,664  $103,458   $109,897
                                                                                                                                              2025 Median Household Income                                             $94,389  $109,366   $116,227
                                                                                  1:1         1:1                               1:1           2018-2023 Annual Rate
                                                                                                                                           Average Household Income                                                      1.96%      1.12%      1.13%
Population                                                                   1 mile    3 miles     5 miles                                 2020 Average Household Income                  $113,576                              $144,444   $160,114
                                                                             18,074    129,863     298,007                                 2025 Average Household Income                  $126,097                              $157,582   $173,444
   2000 Population                                                           21,211    142,787     330,175                                 2018-2023 Annual Rate
   2010 Population                                                           26,371    153,432     352,799                                                                                    2.11%                                 1.76%      1.61%
   2020 Population                                                           28,492    157,674     362,983
   2025 Population                                                           1.61%                                                         Households by Income
   2000-2010 Annual Rate                                                     2.15%       0.95%        1.03%
   2010-2018 Annual Rate                                                     1.56%       0.70%        0.65%                                Current median household income is $85,664 in the area, compared to $58,100 for all U.S. households. Median household income is
   2018-2023 Annual Rate                                                     48.5%       0.55%        0.57%                                projected to be $94,389 in five years, compared to $65,727 for all U.S. households
   2020 Male Population                                                      51.5%       48.5%        48.0%
   2020 Female Population                                                                51.5%        52.0%                                Current average household income is $113,576 in this area, compared to $83,694 for all U.S. households. Average household income is
   2020 Median Age                                                               37.8                                                      projected to be $126,097 in five years, compared to $96,109 for all U.S. households
                                                                                            40.4         41.8
                                                                                                                                           Current per capita income is $53,346 in the area, compared to the U.S. per capita income of $31,950. The per capita income is projected to
In the identified area, the current year population is 26,371. In 2010, the Census count in the area was 21,211. The rate of change since  be $59,349 in five years, compared to $36,530 for all U.S. households
2010 was 2.15% annually. The five-year projection for the population in the area is 28,492 representing a change of 1.56% annually from
2018 to 2023. Currently, the population is 48.5% male and 51.5% female.                                                                    Housing
                                                                                                                                           2000 Total Housing Units                                                    8,417    52,074     117,771
Median Age                                                                                                                                 2000 Owner Occupied Housing Units                                           2,520    34,866                                      81,318
The median age in this area is 37.8, compared to U.S. median age of 37.9.                                                                  2000 Renter Occupied Housing Units                                          5,486    15,707                                      32,867
Race and Ethnicity
                                                                                                                                           2000 Vacant Housing Units                                                   411 1,501 3,586
   2020 White Alone
   2020 Black Alone                                                                                                                        2010 Total Housing Units                                                    10,740   57,796     131,799
   2020 American Indian/Alaska Native Alone
   2020 Asian Alone                                                          48.9%     55.9%       56.2%                                   2010 Owner Occupied Housing Units                                           3,152    35,614                                      84,984
   2020 Pacific Islander Alone                                               11.3%     10.7%       13.8%
   2020 Other Race                                                                                                                         2010 Renter Occupied Housing Units                                          6,612    19,079                                      39,725
   2020 Two or More Races                                                     0.4%      0.5%        0.4%
   2020 Hispanic Origin (Any Race)                                           27.1%     17.0%       15.3%                                   2010 Vacant Housing Units                                                   976 3,103 7,090
                                                                              0.1%      0.1%        0.1%                                   2020 Total Housing Units                                                    13,171   61,877     139,868
                                                                              8.1%     11.0%        9.5%
                                                                              4.0%                  4.6%                                   2020 Owner Occupied Housing Units                                           3,227    35,392                                      85,196
                                                                             20.1%      4.9%       23.2%
                                                                                       27.0%                                               2020 Renter Occupied Housing Units                                          9,185    23,614                                      47,853
                                                                                                                                           2020 Vacant Housing Units                                                   759 2,871 6,818
                                                                                                                                           2025 Total Housing Units                                                    13,968   63,570     144,015
Persons of Hispanic origin represent 20.1% of the population in the identified area compared to 18.3% of the U.S. population. Persons of   2025 Owner Occupied Housing Units                                           3,415    35,866                                      86,331
Hispanic Origin may be of any race. The Diversity Index, which measures the probability that two people from the same area will be from
different race/ethnic groups, is 77.9 in the identified area, compared to 64.3 for the U.S. as a whole.                                    2025 Renter Occupied Housing Units                                          10,025   24,869                                      50,647
                                                                                                                                           2025 Vacant Housing Units                                                   528 2,835 7,037
Households                                                                                                                                 Currently, 24.5% of the 13,171 housing units in the area are owner occupied; 69.7%, renter occupied; and 5.8% are vacant. Currently, in
                                                                                                                                           the U.S., 56.0% of the housing units in the area are owner occupied; 32.8% are renter occupied; and 11.2% are vacant. In 2010, there
2000 Households                                                               8,006    50,573      114,184                                 were 10,740 housing units in the area - 29.3% owner occupied, 61.6% renter occupied, and 9.1% vacant. The annual rate of change in
2010 Households                                                               9,764    54,693      124,709                                 housing units since 2010 is 9.49%. Median home value in the area is $466,185, compared to a median home value of $218,492 for the U.S.
2020 Total Households                                                        12,412    59,006      133,050                                 In five years, median value is projected to change by 0.95% annually to $488,807.
2025 Total Households                                                        13,440    60,735      136,978
2000-2010 Annual Rate                                                        2.00%     0.79%
2010-2018 Annual Rate                                                        2.37%     0.74%         0.89%
2018-2023 Annual Rate                                                        1.60%     0.58%         0.63%
2020 Average Household Size                                                                          0.58%
                                                                                2.07      2.57
                                                                                                        2.61
The household count in this area has changed from 9,764 in 2010 to 12,412 in the current year, a change of 2.37% annually. The five-year
projection of households is 13,440, a change of 1.60% annually from the current year total. Average household size is currently 2.07,
compared to 2.10 in the year 2010. The number of families in the current year is 5,988 in the specified area.
Source: Esri, Esri and Infogroup, U.S. Census                                                                                              Source: Esri, Esri and Infogroup, U.S. Census
                                                                                                   November 20, 2020                                                                                                                       November 20, 2020
                                                                                                                    Page 1 of 2                                                                                                                             Page 2 of 2
PIKE CENTER // ROCKVILLE, MD
SITE SUMMARY
SITE: PIKE CENTER
LANDLORD: WEINGARTEN
SUITE: AOD
SIZE: 3,410 SF
BASE RENT: $50 PSF
NNN’S: $13.17 PSF
COMMENTS: WELL POSITIONED SHOPPING CENTER AT LIGHTED INTERSECTION.
LANDLORD IS GOING TO REQUIRE FOR A REDEVELOPMENT CLAUSE AFTER YEAR 10.
WINTERGREEN                     THE GALVAN                              TWTIhNeBRGOaOlvKaCnENTER     ASPEN HILL
                                                                                       PLAZA
                                                                                                                                                                                                       GLENMONT
                                                                 227700                                                                                                                             SHOPPING CENTER
                                                                                    FEDERAL PLAZA
                                  POTOMAC WOODS PLAZA
                                  PARK POTOMAC                                                                                   PROPOSED                   MONTROSE CROSSING
                                                                                                                                PIKE CENTER                                 WHITE FLINT
                                                                                                                                                                               PLAZA
                                                                                    CONGRESSIONAL PLAZA                                                                                           WHEATON PARK
                                                                                                                                                                                                 SHOPPING CENTER
                                                                 CABIN JOHN MALL &                                  TOWNE PLAZA     Rockville Pike                                         WESTFIELD
                                                                 SHOPPING CENTER                                          TOWN PLAZA                                                     SHOPPING TOWN
                                                PROPOSED                                             PIKE & ROSE      PROPOSED
                                                                                    227700                            NORTH BETHESDA
                                                                                                                          MARKET
                 3 MILES
                                                                                       WESTLAKE                     ROCK SPRING CENTRE
                                                                                    SHOPPING CENTER                                           WILDWOOD
POTOMAC PLACE                                                                                                                              SHOPPING CENTER   NORTH
SHOPPING CENTER                                                                                                                                             BETHESDA
                                                                 MONTGOMERY MALL                                                                                                         NORTH
                                                                                                                                                                                         KENSINGTON
                 POTOMAC VILLAGE                       EXISTING
                 SHOPPING CENTER
                                                                                                 ROCK SPRING PLACE
POTOMAC          Potomac Public
                      Library
                                  River Road
POTOMAC WOODS PLAZA
PARK POTOMAC
              CABIN JOHN MALL &          CONGRESSIONAL PLAZA                PROPOSED                  MONTROSE CROSSING
              SHOPPING CENTER                                                                              WHITE FLINT
                                           PIKE & ROSE                    PIKE CENTER                        PLAZA
PROPOSED
                                                              TOWNE PLAZA                                          WESTFIELD
                                                                    TOWN PLAZA                                  SHOPPING TOWN
                                            WESTLAKE            PROPOSED
                                         SHOPPING CENTER
                                                              NORTH BETHESDA
                        MONTGOMERY MALL                           MARKET
                                                                                        WILDWOOD
                                                                                     SHOPPING CENTER
              EXISTING
                                                              3 MILES
VIEW STREETVIEW
                                                            PROPOSED
FEDERAL PLAZA
                            PIKE CENTER
                           SHOPPING MALL
                           Rockville Pike
                                           4(82,02195A4DT)
                 PROPOSED
                                                                      MONTROSE CROSSING
                                                                        SHOPPING MALL
PIKE CENTER                                                                          PROPERTY SIZE 80,869 SQ. FT.
                                                                                             LAT/LONG 39.05771 N, -77.11908 W
  Rockville Pike at Bou Ave, Rockville, MD
                                                                                    TRAFFIC COUNTS ROCKVILLE PIKE AT TWINBROOK PKWY - 62,765
Pike Center is a dominant community shopping center located in affluent
Montgomery County, MD, along the highly dense corridor between Bethesda and         CONTACT                 Chris Taylor
Rockville. The center is one of the busiest and most desirable retail addresses in
the D.C. region, with extensive frontage along heavily-traveled Rockville Pike (MD  Jimmy Conder            Property Manager
Hwy 355) at the intersection with Bou Ave, and situated between two nearby Metro                            p 770.618.1085
stations: Twinbrook Metro Station and White Flint Metro Station. Major tenants      Leasing Agent           [email protected]
include Fed Ex, Mattress Warehouse and TGI Fridays.                                 p 919.845.3944
                                                                                    [email protected]
PIKE CENTER                                                                                 TENANTS LIST
Rockville, MD                                                                               A0A                 Shell                 1,860 SF
                                                                                            A0B                 TGI Friday's          7,112 SF
                                 PROPOSED                                                   A0D                 Available             3,410 SF
                                                                                            A0F                 Available            10,909 SF
                                                                                            A0H                 Nail Salon            1,746 SF
                                                                                            A0J                 DXL Men's Apparel     8,254 SF
                                                                                            A0K                 Mattress
                                                                                                                Warehouse             7,171 SF
                                                                                            A0M                 United Bank           3,897 SF
                                                                                            A0N                 FedEx Office          5,000 SF
                                                                                            A0P                 David's Hair Design   3,100 SF
                                                                                            A0R                 Available             4,700 SF
                                                                                            A0S                 Available             3,000 SF
                                                                                            A0T                 Available             5,000 SF
                                                                                            A0U                 Avail Vapor           2,053 SF
                                                                                            A0V                 Goodyear Tires        3,947 SF
                                                                                            R0A                 Jared                 6,000 SF
                                                                                            R0B                 M&T Bank              3,710 SF
This site plan is presented solely for the purpose of identifying the approximate location  Jimmy Conder        [email protected]
and size of the building, and intended for use as a reference only.                                             919.845.3944
                                                                                            www.weingarten.com
2020 Avg. HH Income Heat Map
                                                              12147 Rockville Pike, Rockville, MD 20852
                                                 PIKE CENTER
                                 TOWNE PLAZA
                     CABIN JOHN
                          MONTGOMERY MALL
Source: ©2020 Esri.                                           February 25, 2021
©2021 Esri
                                                                             Page 1 of 1
Demographic Snapshot                                                                                                                      Demographic Snapshot
                           12137 Rockville Pike, Rockville, Maryland, 20852 2                     Prepared by KLNBretail                                             12137 Rockville Pike, Rockville, Maryland, 20852 2                    Prepared by KLNBretail
                           12137 Rockville Pike, Rockville, Maryland, 20852                            Latitude: 39.05780                                            12137 Rockville Pike, Rockville, Maryland, 20852                           Latitude: 39.05780
                           Rings: 1, 3, 5 mile radii                                                                                                                 Rings: 1, 3, 5 mile radii
                                                                                                   Longitude: -77.11940                                                                                                                     Longitude: -77.11940
Data for all businesses in area                                            1 mile     3 miles                           5 miles                                                           1 mile                                3 miles    5 miles
   Total Businesses:                                                        2,055         7,761                           14,846
   Total Employees:                                                                                                                        Median Household Income
   Total Residential Population:                                           33,971     105,086                           202,158
   Employee/Residential Population Ratio:                                  26,257     151,971                           352,854               2020 Median Household Income                $85,101                               $102,803   $109,623
                                                                                                                                              2025 Median Household Income                $93,746                               $108,803   $115,897
                                                                                1:1          1:1                               1:1            2018-2023 Annual Rate
                                                                                                                                           Average Household Income                         1.95%                                   1.14%      1.12%
Population                                                                 1 mile     3 miles     5 miles                                  2020 Average Household Income                  $111,690                              $143,199   $159,301
                                                                           17,712     128,414     297,226                                  2025 Average Household Income                  $124,380                              $156,457   $172,565
   2000 Population                                                         21,009     141,333     329,893                                  2018-2023 Annual Rate
   2010 Population                                                         26,257     151,971     352,854                                                                                     2.18%                                 1.79%      1.61%
   2020 Population                                                         28,388     156,208     362,895
   2025 Population                                                         1.72%                                                           Households by Income
   2000-2010 Annual Rate                                                   2.20%        0.96%        1.05%
   2010-2018 Annual Rate                                                   1.57%        0.71%        0.66%                                 Current median household income is $85,101 in the area, compared to $58,100 for all U.S. households. Median household income is
   2018-2023 Annual Rate                                                   48.7%        0.55%        0.56%                                 projected to be $93,746 in five years, compared to $65,727 for all U.S. households
   2020 Male Population                                                    51.3%        48.6%        48.0%
   2020 Female Population                                                               51.4%        52.0%                                 Current average household income is $111,690 in this area, compared to $83,694 for all U.S. households. Average household income is
   2020 Median Age                                                             37.6                                                        projected to be $124,380 in five years, compared to $96,109 for all U.S. households
                                                                                           40.3         41.7
                                                                                                                                           Current per capita income is $52,194 in the area, compared to the U.S. per capita income of $31,950. The per capita income is projected to
In the identified area, the current year population is 26,257. In 2010, the Census count in the area was 21,009. The rate of change since  be $58,262 in five years, compared to $36,530 for all U.S. households
2010 was 2.20% annually. The five-year projection for the population in the area is 28,388 representing a change of 1.57% annually from
2018 to 2023. Currently, the population is 48.7% male and 51.3% female.                                                                    Housing
                                                                                                                                           2000 Total Housing Units                                                      8,116  51,043     117,352
Median Age                                                                                                                                 2000 Owner Occupied Housing Units                                             2,280  34,133                                      81,108
The median age in this area is 37.6, compared to U.S. median age of 37.9.                                                                  2000 Renter Occupied Housing Units                                            5,448  15,440                                      32,684
Race and Ethnicity
                                                                                                                                           2000 Vacant Housing Units                                                     388 1,470 3,560
   2020 White Alone
   2020 Black Alone                                                                                                                        2010 Total Housing Units                       10,531                                56,705     131,706
   2020 American Indian/Alaska Native Alone
   2020 Asian Alone                                                            48.1%  55.3%       56.0%                                    2010 Owner Occupied Housing Units                                             2,988  34,768                                      84,967
   2020 Pacific Islander Alone                                                 11.4%  10.8%       13.9%
   2020 Other Race                                                                                                                         2010 Renter Occupied Housing Units                                            6,588  18,907                                      39,606
   2020 Two or More Races                                                       0.5%   0.5%        0.4%
   2020 Hispanic Origin (Any Race)                                             27.3%  17.1%       15.3%                                    2010 Vacant Housing Units                                                     955 3,030 7,133
                                                                                0.1%   0.1%        0.1%                                    2020 Total Housing Units                       13,052                                60,778     139,762
                                                                                8.6%  11.3%        9.6%
                                                                                4.1%               4.6%                                    2020 Owner Occupied Housing Units                                             3,074  34,559                                      85,330
                                                                               20.7%   4.9%       23.3%
                                                                                      27.6%                                                2020 Renter Occupied Housing Units                                            9,222  23,416                                      47,636
                                                                                                                                           2020 Vacant Housing Units                                                     756 2,803 6,796
                                                                                                                                           2025 Total Housing Units                       13,847                                62,471     143,861
Persons of Hispanic origin represent 20.7% of the population in the identified area compared to 18.3% of the U.S. population. Persons of   2025 Owner Occupied Housing Units                                             3,262  35,030                                      86,522
Hispanic Origin may be of any race. The Diversity Index, which measures the probability that two people from the same area will be from
different race/ethnic groups, is 78.6 in the identified area, compared to 64.3 for the U.S. as a whole.                                    2025 Renter Occupied Housing Units             10,072                                24,676                                      50,280
                                                                                                                                           2025 Vacant Housing Units                                                     513 2,764 7,059
Households                                                                                                                                 Currently, 23.6% of the 13,052 housing units in the area are owner occupied; 70.7%, renter occupied; and 5.8% are vacant. Currently, in
                                                                                                                                           the U.S., 56.0% of the housing units in the area are owner occupied; 32.8% are renter occupied; and 11.2% are vacant. In 2010, there
2000 Households                                                             7,728     49,573      113,792                                  were 10,531 housing units in the area - 28.4% owner occupied, 62.6% renter occupied, and 9.1% vacant. The annual rate of change in
2010 Households                                                             9,576     53,675      124,573                                  housing units since 2010 is 10.01%. Median home value in the area is $459,609, compared to a median home value of $218,492 for the
2020 Total Households                                                      12,296     57,975      132,966                                  U.S. In five years, median value is projected to change by 1.03% annually to $483,748.
2025 Total Households                                                      13,334     59,707      136,802
2000-2010 Annual Rate                                                      2.17%      0.80%
2010-2018 Annual Rate                                                      2.47%      0.75%         0.91%
2018-2023 Annual Rate                                                      1.63%      0.59%         0.64%
2020 Average Household Size                                                                         0.57%
                                                                              2.08       2.59
                                                                                                       2.62
The household count in this area has changed from 9,576 in 2010 to 12,296 in the current year, a change of 2.47% annually. The five-year
projection of households is 13,334, a change of 1.63% annually from the current year total. Average household size is currently 2.08,
compared to 2.12 in the year 2010. The number of families in the current year is 5,949 in the specified area.
Source: Esri, Esri and Infogroup, U.S. Census                                                                                              Source: Esri, Esri and Infogroup, U.S. Census
                                                                                                  November 20, 2020                                                                                                                        November 20, 2020
                                                                                                                   Page 1 of 2                                                                                                                              Page 2 of 2
MILESTONE CENTER // GERMANTOWN, MD
SITE SUMMARY
SITE: MILESTONE CENTER
LANDLORD: PETERSON COMPANIES
SIZE: 4,479 SF FOR FORMER VERIZON OR TBD OF THE HALLMARK SPACE
RENT: WOULD DO A LOW-40’S DEAL IN THE VERIZON SPACE
NNN: $10.00 PSF
TI: GENEROUS RESTAURANT TI PKG
COMMENTS: LL PREFERENCE IS FOR US TO FOCUS ON THE VERIZON SPACE BUT
HALLMARK IS SOMETHING TO LOOK AT AS WELL. THEY WOULD HAVE TO RELO
HALLMARK INTO THE FORMER VERIZON AND THEN DEMISE THE SPACE. CAN BE
DONE BUT WILL JUST COST $
Germantown                                                                                                                                                         NEELSVILLE              $$22.0.872MM/Y/YRR
                                                                                                                                                                      VILLAGE CENTER
  Montgomery County | Maryland                                                                                                                                                                     MILESTONE CENTER
                                                                                                    12(200,1599AD2T)                                SHOPS AT                              27
               - Google Earth Pro -                                                                                                              SENECA MEADOWS
            2018 Aerial Photograph
While we have no reason to doubt the accuracy of                                                                                                                                                                                                                                                                                                                                                               (210219,7A0DT0)
    any of the information supplied, we cannot,
         and do not, guarantee its accuracy.
                                                                                                                      270
                                                                                                              40(2,00189 A2DT)                   $1.5M (2020)                                                                                                                                                                                                                                                                                                         GOSHEN CROSSING
                                                                                                    SHOPS AT TOWN CENTER
                                                                                                                                                                      $1.34M (2020)
                                                                                                     & CENTURY STATION
                                                                                                                                                 $2$.021M2/MY/RYR                                                                                                                                                                                                                                                                                                                            GOSHEN OAKS
                                                                                                                                                                      $2.7M/YR            N Frederick Rd
                                                                    GERMANTOWN                                                                                        MONTGOMERY COLLEGE
                                                                     COMMONS                                                                                          GERMANTOWN CAMPUS
                                                                                                                                                                                          MIDDLEBROOK                                                                                                                                                                                                                                                                                        GOSHEN PLAZA
                                                                                                                                                                                            SQUARE
                                                                    GERMANTOWN                                                                   U.S. DEPARTMENT      Dwight D. Eisenhower Memorial Hwy   FOX CHAPEL
                                                                       PLAZA                                                                       OF ENERGY                                               CENTER
GERMANTOWN                                                          Father Hurley Blvd                                                                                                                                                    MONTGOMERY VILLAGE
                                                                                                                                                                                                                                                CENTER
                                                                                   (201292A,1DT4)1
                                                                                                                                (202194A,4DT1)0  $$33..33552MM//YYRR                                                                                                                                                                                                                              COMING SOON
                                                                                                    118 GERMANTOWN                                      GERMANTOWN                                           355                                                                                                                                                                                                                                                                             (1220,196A8D9T)
                                                                                                              CENTER                                       SQUARE
                                                                                                                                                                                                          MONTGOMERY
                                                                                                                                                                                                            VILLAGE GAITHERSBURG                                                                                                                                                                                                   (23011,96A1DT4)
                                                                     KINGSVIEW                                                                                                                                                                   SHOPPING CENTER                                                                                                                                                                                    LAKE FOREST MALL
                                                                    VILLAGE CENTER
                                                                                                                                                                                                           270
                                                  (202129 ,A3DT2)2                                                                               $$33.6.6557MM//YYRR
                                                                                (201195,A1D1T1)                       Clopper Rd                                                                                     (2012190A,D5T)92                                                                                                                                                                          Montgomery Village Ave                                 MONTGOMERY
                                                                                                                                                                                                                     GAITHERSBURG SQUARE                                                                                                                                                                                                                              VILLAGE PLAZA
                                                                                                                                                 117                                                                                                                                                                                                                                                                                                                   124
                                                                                                                                                                                                                                                                                                                                                                                                                                                                            MONTGOMERY       (202193A.D4T3) 4
                                                                                                                                                                                                                                                                                                                                                                                                                                                                           VILLAGE CROSSING
                                                  CLOPPER MILL VILLAGE
                                                                                                                                                                                                                                                                                                                                                                                                                  MONTGOMERY                        GAITHERSBURG
                                                                                                                                                                                                                                                                                                                                                                                                               COUNTY FAIRGROUNDS
VIEW STREETVIEW
                             39(2,00190A0DT)
                                                                                                                                            3(2401,92A0D0T)                                                      NEELSVILLE
                                                                                                                                                                                                               VILLAGE CENTER
                                                                                                                                                                                                2(2001,97A4D9T)
                                                                                                                                                                                                                                             PROPOSED
                 (280,192A0D0T)
                                                                                                                                                                                                                                                           PROPOSED
                 10,000
                 (2019 ADT)
MILESTONE CENTER 20914 Frederick Road Germantown, MD                                                                 MILESTONE CENTER 20914 Frederick Road Germantown, MD
Milestone Center is the ultimate power-shopping destination     CENTER HIGHLIGHTS                                    1030 Agro Dolce     2,573 SF    1047 Verizon        4,479 SF    9061 Staples                                        18,000 SF
for Germantown, MD, an aluent Montgomery County                                                                      1031 Hallmark        7,100 SF            Wireless   2,450 SF    9062 TJ Maxx                                       32,000 SF
suburb. Ofering more than 860,000 square feet of the            For Lease                                            1034 Available      2,130 SF                        3,055 SF    9063 Target                                        125,000 SF
nation’s leading big-box retailers along with easy access from  County: Montgomery County                            1036 A-1 Nails      1,065 SF    1048 M&T Bank                   9064 Walmart                                       149,429 SF
I-270 and MD 355, it’s easy to see why Milestone is such a      Type: Retail                                         1037 Supercuts      1,065 SF    1049 Mobil            6,116 SF  9065 Best Buy                                       54,032 SF
popular choice for area shoppers.                               Total SF: 860,000                                    1038 Allstate        2,130 SF   1050 Tenant          5,257 SF   9066 KOHL'S                                         86,584 SF
 • Exciting anchor destinations including Target, Kohl’s,                                                                                            1051 Applebee's    18,560 SF    9067 PETSMART                                       26,200 SF
                                                                                                                             Insurance    2,133 SF   9000 Pep Boys      15,000 SF    9068 Big Lots                                       25,562 SF
    Walmart, Home Depot, Michael’s, PetSmart and TJ MAXX.                                                            1041 Don Pollo      3,240 SF    9002 MODELL'S      19,435 SF    9069 The Home                                       127,705 SF
 • Family-favorite dining options including Applebee’s and                                                           1042 Music & Arts               9004 Michael's     16,500 SF
                                                                                                                     1045 GNC              1,215 SF  9060 Aldi                                Depot
    Jersey Mike’s.                                                                                                   1046 Jersey Mike's    1,215 SF
 • Convenient location of I-270 and MD 355.
                                                                                                                             Subs
                                                                RETAILERS INCLUDE
LEASING AGENT
Kristin Perry
p. 703-631-7510
[email protected]
12500 Fair Lakes Circle | Suite 400 | Fairfax, VA 22033 | 703.227.2000 (P) | 703.631.6481 (F) | www.petersoncos.com
                                                                                                                     12500 Fair Lakes Circle | Suite 400 | Fairfax, VA 22033 | 703.227.2000 (P) | 703.631.6481 (F) www.petersoncos.com
MILESTONE CENTER 20914 Frederick Road Germantown, MD
Demographics               1 Mile                     3 Miles   5 Miles
Population
Households                14,285                      108,426   225,045
Average Household Income  4,553                       37,226    76,609
                          $122,840                    $114,002  $116,631
12500 Fair Lakes Circle | Suite 400 | Fairfax, VA 22033 | 703.227.2000 (P) | 703.631.6481 (F) | www.petersoncos.com
PROPOSED
          PROPOSED
BIG LOTS                                         PROPOSED
                                                                                                          PETSMART
                                                                                                                                                                                                                       SHUA7IL,T1LE0M01AS0R3FK1                 PROPOSED                                                   APPLEBEE'S
                                                                                                                                                                                                                                                                                                                                     FIRST
                                                                                                                                                                                                                         SVU2EI,T1RE3I0Z1O0S3NF4
                                                                                                                                                                HOME DEPOT                                             SUAIT1EN1A0I3L6S-S1A,0L6O5NSF
                                                                                                                                                                                                                        SUITE 1037 - 1,065 SF
                                                                                                                                                                                                                              2,130 SF
                                                                                                                                                                                                                              SUITE 1030
                                                                                                                                                                                                                                  2,573 SF
                                                                                                                                                                                                                                                      SDU2OI,NT1EP1O0SL4FL1O
                                                                                                                                                                                                                                                                     MSUUS3II,T2C4E&010AS4FR2TS
                                                                                                                                                                                                                                                                                   SUITE 1045 - 1,215 SF
                                                                                                                                                                                                                                                                                             JSEUIRTSEE1Y04MI6 -KE1,S213
                                                                                                                                                                                                                                                                                                                 4,479 SF
                                                                           KOHL'S                                                 14 spaces @ 9' x 18'
                                                 BEST BUY
                                                                                                                                                                                                                                                                                                                           SUNOCO
WALMART
                                                                                                                                                                                                                                                      M&T BANK
                                                                                                          19 spaces @ 8.5' x 18'
                                                                                   9 spaces @ 8.5' x 18'
                                                                                                                                                                                                                                                                                                                           VAN
                                                                                                                                                                                                                                                                                                                           VAN
                                                                                                                                                                                                                                                                                                                                                  PEP BOYS
                                                                                                                                                                                                                                                                                                                                                  SUITE 9002
                                                                                                                                                                                                                                                                                                                                                   15,00 SF
                                                                                                                                                                                                                                                                                                                                                  MICHAEL'S
                                                                                                                                                                SUITE 9062  SUITE 9061                   ALDI
                                                                                                                                                                 TJ MAXX     STAPLES
                                                                                                                                                                 32,000 SF  18,000 SF
                                                                                                                                                        TARGET
                                                                                                                                                                                                           4 spaces
                                                                                                                                                                                                         @ 8.5' x 18'
                                                                                                                                                                                        2 spaces
                                                                                                                                                                                           @ 8.5' x 18'
2020 Avg. HH Income Heat Map
                                                   20952 Frederick Rd, Germantown, MD 20876
Source: ©2020 Esri.                                February 25, 2021
©2021 Esri
                                                                  Page 1 of 1
Demographic Snapshot                                                     Prepared by KLNBretail                                              Demographic Snapshot                             Prepared by KLNBretail
                                                                                                      Latitude: 39.20077                                                                                                   Latitude: 39.20077
                                              Milestone Center 2                                                                                                     Milestone Center 2
                                              Milestone Center                                    Longitude: -77.24882                                               Milestone Center                                  Longitude: -77.24882
                                              Rings: 1, 3, 5 mile radii                                                                                              Rings: 1, 3, 5 mile radii
                                                                                                                       5 miles
Data for all businesses in area                                            1 mile    3 miles                               5,130                                                                1 mile     3 miles    5 miles
   Total Businesses:                                                           375       2,261
   Total Employees:                                                                                                      57,132            Median Household Income
   Total Residential Population:                                            7,386      26,930                          212,340
   Employee/Residential Population Ratio:                                  12,608      99,819                                                 2020 Median Household Income                      $114,160   $101,457   $100,223
                                                                                                                              0:1             2025 Median Household Income                      $120,691   $107,956   $106,072
                                                                                1:1         0:1                                               2018-2023 Annual Rate
                                                                                                                                           Average Household Income                                 1.12%      1.25%      1.14%
Population                                                                 1 mile    3 miles     5 miles                                   2020 Average Household Income                        $145,351   $128,770   $127,423
                                                                             9,138     68,076    155,483                                   2025 Average Household Income                        $159,869   $144,239   $142,078
   2000 Population                                                                     85,117    189,893                                   2018-2023 Annual Rate
   2010 Population                                                         12,159      99,819    212,340                                                                                            1.92%      2.29%      2.20%
   2020 Population                                                         12,608                221,733
   2025 Population                                                         12,673    104,890                                               Households by Income
   2000-2010 Annual Rate                                                   2.90%       2.26%        2.02%
   2010-2018 Annual Rate                                                   0.35%       1.57%        1.10%                                  Current median household income is $114,160 in the area, compared to $58,100 for all U.S. households. Median household income is
   2018-2023 Annual Rate                                                   0.10%       1.00%        0.87%                                  projected to be $120,691 in five years, compared to $65,727 for all U.S. households
   2020 Male Population                                                    48.1%       48.6%        48.7%
   2020 Female Population                                                  51.9%       51.4%        51.3%                                  Current average household income is $145,351 in this area, compared to $83,694 for all U.S. households. Average household income is
   2020 Median Age                                                                        35.3                                             projected to be $159,869 in five years, compared to $96,109 for all U.S. households
                                                                               34.8                    36.3
                                                                                                                                           Current per capita income is $46,702 in the area, compared to the U.S. per capita income of $31,950. The per capita income is projected to
In the identified area, the current year population is 12,608. In 2010, the Census count in the area was 12,159. The rate of change since  be $50,895 in five years, compared to $36,530 for all U.S. households
2010 was 0.35% annually. The five-year projection for the population in the area is 12,673 representing a change of 0.10% annually from
2018 to 2023. Currently, the population is 48.1% male and 51.9% female.                                                                    Housing
                                                                                                                                           2000 Total Housing Units                             3,318      25,625     58,583
Median Age                                                                                                                                 2000 Owner Occupied Housing Units                    2,390      17,691     38,334
The median age in this area is 34.8, compared to U.S. median age of 37.9.                                                                  2000 Renter Occupied Housing Units                   820        7,229      18,537
Race and Ethnicity
                                                                                                                                           2000 Vacant Housing Units                            108 705 1,712
   2020 White Alone
   2020 Black Alone                                                                                                                        2010 Total Housing Units                             4,170      31,157     69,197
   2020 American Indian/Alaska Native Alone
   2020 Asian Alone                                                        36.2%     42.1%       43.6%                                     2010 Owner Occupied Housing Units                    2,645      20,997     45,378
   2020 Pacific Islander Alone                                             23.2%     24.4%       23.1%
   2020 Other Race                                                                                                                         2010 Renter Occupied Housing Units                   1,389      8,780      20,830
   2020 Two or More Races                                                   0.3%      0.4%        0.4%
   2020 Hispanic Origin (Any Race)                                         28.0%     19.4%       18.1%                                     2010 Vacant Housing Units                            136 1,380 2,989
                                                                            0.1%      0.1%        0.1%                                     2020 Total Housing Units                             4,252      35,565     75,604
                                                                            6.3%      8.2%        9.4%
                                                                            5.9%      5.4%        5.3%                                     2020 Owner Occupied Housing Units                    2,659      24,239     48,958
                                                                           18.5%     22.1%       23.6%
                                                                                                                                           2020 Renter Occupied Housing Units                   1,431      9,835      23,636
                                                                                                                                           2020 Vacant Housing Units                            162 1,491 3,009
                                                                                                                                           2025 Total Housing Units                             4,284      37,313     78,681
Persons of Hispanic origin represent 18.5% of the population in the identified area compared to 18.3% of the U.S. population. Persons of   2025 Owner Occupied Housing Units                    2,671      25,321     50,942
Hispanic Origin may be of any race. The Diversity Index, which measures the probability that two people from the same area will be from
different race/ethnic groups, is 81.6 in the identified area, compared to 64.3 for the U.S. as a whole.                                    2025 Renter Occupied Housing Units                   1,403      10,254     24,195
                                                                                                                                           2025 Vacant Housing Units                            210 1,738 3,544
Households                                                                                                                                 Currently, 62.5% of the 4,252 housing units in the area are owner occupied; 33.7%, renter occupied; and 3.8% are vacant. Currently, in
                                                                                                                                           the U.S., 56.0% of the housing units in the area are owner occupied; 32.8% are renter occupied; and 11.2% are vacant. In 2010, there
2000 Households                                                              3,210   24,919      56,870                                    were 4,170 housing units in the area - 63.4% owner occupied, 33.3% renter occupied, and 3.3% vacant. The annual rate of change in
2010 Households                                                              4,034   29,777      66,208                                    housing units since 2010 is 0.87%. Median home value in the area is $429,601, compared to a median home value of $218,492 for the U.S.
2020 Total Households                                                        4,090   34,074      72,595                                    In five years, median value is projected to change by 0.84% annually to $447,951.
2025 Total Households                                                        4,074   35,575      75,137
2000-2010 Annual Rate                                                       2.31%    1.80%       1.53%
2010-2018 Annual Rate                                                       0.13%    1.32%       0.90%
2018-2023 Annual Rate                                                      -0.08%    0.87%       0.69%
2020 Average Household Size
                                                                               3.08     2.91        2.91
The household count in this area has changed from 4,034 in 2010 to 4,090 in the current year, a change of 0.13% annually. The five-year
projection of households is 4,074, a change of -0.08% annually from the current year total. Average household size is currently 3.08,
compared to 3.01 in the year 2010. The number of families in the current year is 3,125 in the specified area.
Source: Esri, Esri and Infogroup, U.S. Census                                                                                              Source: Esri, Esri and Infogroup, U.S. Census
                                                                                                 February 09, 2021                                                                                                    February 09, 2021
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