500 FT HOTEL CONDO DEVELOPMENT SITE, NORTH ATLANTIC AVENUE PROPERTY HIGHLIGHTS. Widest available vacant development site +/- 500' Oceanfront

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1 FOR SALE LAND 500 FT HOTEL CONDO DEVELOPMENT SITE, NORTH ATLANTIC AVENUE 2000 N. Atlantic Avenue Daytona Beach, FL PRESENTED BY: TIM C. DAVIS, CCIM Principal/ Senior Vice President PROPERTY HIGHLIGHTS Widest available vacant development site +/- 500' Oceanfront +/- 225' deep, with solid seawall 2.6 ac Net usable (inside the seawall) 0.32ac additional land west of Atlantic Ave Located 10 blocks North of the new Hard Rock Hotel Daytona Beach, located at 900 N. Atlantic Location is suitable for Condo or Hotel development. Daytona Beach has no building height restriction Two short blocks from Publix grocery anchored center 5.6 Miles to the Daytona International Airport Also roughly 5 miles to the Daytona International Speedway 1.9 Miles to the Convention Center

2 500FT HOTEL CONDO DEVELOPMENT SITE, NORTH ATLANTIC AVENUE 2.92 ACRES DAYTONA BEACH, FL Executive Summary SALE OVERVIEW SALE PRICE: $6,000,000 LOT SIZE: 2.92 Acres APN #: ZONING: T-1 PROPERTY DESCRIPTION SVN Alliance is pleased to offer the direct oceanfront parcel at 2000 N. Atlantic Ave in Daytona Beach for sale. This is the widest vacant oceanfront parcel remaining on the market today at 500. It is increasingly difficult to assemble sites this large for redevelopment purposes. This site is 225 deep and a slight parallelogram in shape. The sale also includes a parcel on the west side of Atlantic Ave totaling +/-13,939 SF. The extra parcel could be used for additional parking or a complementary retail use. The seawall appears sound and in good condition. The utility service on North Atlantic is adequate for high density development on the site as well. This site is 2.26 miles from the convention center, and the core tourist are of Daytona Beach, and 2.4 miles from Granada Blvd (SR40) in Ormond Beach. This section of Atlantic Ave would be suitable for both hotel and condo development. It is close enough to the attractions, but the quieter part of N. Atlantic Ave is just far enough out of the traffic to be a desirable residence. Just north at the 2500 block of Atlantic is the Publix grocery store anchored Bel Aire Plaza. This plaza is the largest shopping center on the peninsula in terms of GLA, and is a shopping destination for beachside Daytona and Ormond Beach. The Daytona Beach area saw substantial new condo development during the last cycle at the southern end of the peninsula. This is a unique opportunity to control the largest vacant development site in Daytona Beach. 2

3 500FT HOTEL CONDO DEVELOPMENT SITE, NORTH ATLANTIC AVENUE 2.92 ACRES DAYTONA BEACH, FL Complete Highlights PROPERTY HIGHLIGHTS Widest available vacant development site +/- 500' Oceanfront +/- 225' deep, with solid seawall 2.6 ac Net usable (inside the seawall) 0.32ac additional land west of Atlantic Ave Located 10 blocks North of the new Hard Rock Hotel Daytona Beach, located at 900 N. Atlantic Location is suitable for Condo or Hotel development. Daytona Beach has no building height restriction Two short blocks from Publix grocery anchored center 5.6 Miles to the Daytona International Airport Also roughly 5 miles to the Daytona International Speedway 1.9 Miles to the Convention Center This stretch of N. Atlantic has concurrency for traffic and all utilities. 3

4 LAST THREE YEARS -$1.6 BILLION OF INVESTMENT Investment Activity In The Daytona Beach Market $1 Billion Latitude Margaritaville (Under Construction) -Minto- Development of 6,900-home active adult community 300 homes per year to be developed starting in 2018 $100 Million Tanger Outlets (Completed 2016) - Tanger - 80 upscale brand name and designer outlet retailers First Tanger Outlet developed in Florida full/part time jobs $800 Million One Daytona (Under Construction) - ISC - Mixed use retail destination Cobb Theatres, Bass Pro Shops, PF Chang's, Guitar Center, Marriott Autograph Collection $25 Million Hilton renovation (Under Construction) - Starwood Capital - Daytona's largest hotel (744 keys) $80 Million Trader Joe's Distribution Center (Completed 2015) - 630,000+ SF refrigerated distribution facility Created estimated 500 new jobs drivers $192 Million Daytona Beach Convention Hotel & Condominiums (Under Construction)- Two 300-foot plus towers condos and 501 hotel rooms? $40 Million Hard Rock Hotel(Completed 2018) - A 200 room hotel completed in March 2018 $40 Million B. Braun Distribution Facility (Under Construction) - expected to be completed in May 2018?. TIM C. DAVIS, CCIM Partner/ Vice President tim.davis@svn.com All SVN OIces Independently Owned & Operated. svnalliance.com

5 REAL ESTATE ABOUT THE DAYTONA AREA HOME OF THE "WORLDS MOST FAMOUS BEACH" Only 50 miles Northeast of Orlando, 100 miles south of Jacksonville and 62 miles north of the Kennedy Space Center Features tropical climate (average temperatures approximately 80 degrees Fahrenheit) Extremely strong tourist attraction > 9 million visitors per year Tourism creates approximately $4.6 billion annually to local retail and hospitality businesses EASE OF ACCESSIBILITY Located near the intersection of I-95 and I-4 Third busiest mass transit intersection in the State of Florida 3 Major airports within 60+ miles (41 million passengers in 2016)- Daytona beach International Airport, Orlando Airport and Sanford Airport. EXCEPTIONAL BUSINESS ENVIRONMENT Public Companies: Brown & Brown (NYSE: BRO), B. Braun, TopBuild (NYSE: BLD), International Speedway Corporation (NASCAR) (NYSE: ISC), Teledyne Oil, Radon, and CTO SigniHcant number of small and light manufacturing, major distribution centers, aerospace and defense products, and automotive. HIGHER EDUCATION FOOTPRINT 4 Major Universities / Colleges Embry Riddle Aeronautical University - 5,447 students Stetson University -4,330 students Bethune Cookman University -3,964 students Daytona State College -13,820 students TIM C. DAVIS, CCIM Partner/ Vice President tim.davis@svn.com All SVN OIces Independently Owned & Operated. svnalliance.com

6 500FT HOTEL CONDO DEVELOPMENT SITE, NORTH ATLANTIC AVENUE 2.92 ACRES DAYTONA BEACH, FL Seawall & Beachfront Photos 6

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8 500FT HOTEL CONDO DEVELOPMENT SITE, NORTH ATLANTIC AVENUE 2.92 ACRES DAYTONA BEACH, FL Advisor Bio Tim C. Davis, CCIM Principal/ Senior Vice President SVN Alliance Commercial Real Estate Advisors Tim Davis comes to the commercial real estate business as a continuation of a lifetime of entrepreneurial endeavors. Founding a few small businesses in his teenage years and onward, they included automotive related manufacturing, multiple retail businesses, and internet startups. He is now practicing commercial real estate with a broad service area in Northeast & Central Florida Memberships & Affiliations CCIM - Certified Commercial Investment Member ICSC - International Council of Shopping Centers Phone: Fax: tim.davis@svn.com Address: 1275 West Granada Boulevard Suite 5B Ormond Beach, FL His commercial real estate career has led to the brokerage of all property types and classes including extensive work with lenders in the troubled assets arena and REO disposition. Since 2009, he has participated in the sale of the largest land parcels on the Atlantic Ocean in Daytona Beach (including sites of the new Hard Rock Hotel and Westin Resort), and as of June 2017, has sold 16 direct oceanfront hotel/condo development sites. Davis is a graduate of the University of Central Florida, with a B.S. in Management & Finance. In addition to real estate, Tim founded two manufacturing companies producing components for the automotive aftermarket. *Since 2009, Tim has brokered commercial troubled(reo) assets for over a dozens of different lenders, from large banks such as Bank of America, Wells Fargo, Suntrust, Regions, Fifth Third, regional banks, and even single branch community banks. *General Partner and sponsor in several syndicates focused on repositioning income properties to unlock yield. * Served as Vice President and General Manager of a international equine company, importing horses from Europe, Arabians and DHH. Mr. Davis has brokered every asset type in all property classes, including land, office, warehouse, multi-family, hospitality, chattel property, Single-Tenant Net Lease Investment property, and retail development sites. These combined skill sets lead to unequalled depth and reach in the northeast central Florida market. Specialties: Industrial Sales, Retail & Hospitality Land, with a focus on Oceanfront Development Sites 8