FOR LEASE FOR LEASE THRIFT AVENUE RETAIL SPACE IN NEW MIXED-USE DEVELOPMENT MIRAMAR VILLAGE, WHITE ROCK, BC. Developed by: WHITE ROCK, BC

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1 Developed by: RETAIL SPACE IN NEW MIXED-USE DEVELOPMENT MIRAMAR VILLAGE, Semiahmoo Shopping Centre Thrift Avenue (6,839 V) 152nd Street (12,550 V) Central Plaza 16th Avenue 18th Avenue FORM RETAIL VISORS INC. DERICK FLUKER* *Personal Real Estate Corporation JORDAN CURTEANU LAYLA VERA

2 OPPORTUNITY Miramar Village is a new development by Bosa Properties located at the top of the Semiahmoo Peninsula in White Rock. Phases 1 & 2 are complete and consist of two towers totalling 225 residential units, approximately 15,600 sf of retail, and the White Rock Community Centre. Phase 3 is currently for lease and will involve the construction of two ditional towers comprised of 248 residential units and 51,000 sf of retail space anchored by a food store. Opportunities include a 23,535 sf anchor unit and s ranging in size from 745 sf to 4,684 sf. In dition, the project is located in an area of White Rock that is experiencing significant new development activity. Some of the most notable new developments include Foster Martin (334 units), Saltaire (36 units), and Newport at West Beach (Phase 2, 42 units). Overall, White Rock has a projected growth rate of 5.4% ( ) and an average household income of over $92,161 per annum. LOCATION White Rock is bordered by Semiahmoo Bay to the south and South Surrey on all other sides. The city is positioned around an 8 km long sandy beach, promene, and a 1,500 foot pier that stretches out into the Bay. Approximately 20,000 people live in White Rock and another 80,000 live in surrounding South Surrey. PARKING 244 underground stalls for use by the retail/commercial component. TOTAL RETAIL AREA 51,707 square feet TIMING Summer 2020 ASKING RATES Contact listing agent. FORM RETAIL VISORS INC.

3 T H R I F T A V E N U E TH-01 TH-02 TH-03 TH-04 TH Bar / Restaurant 4,684 sf PL13 up PL18 Stair 6 FD PL17 9 5R 8 PL14 PL11 Exit Corridor 7 PL16 1,143 sf PL15 PL20 Stair 4 1,030 sf PL 6 2'-6" 2500 lb 16R 5 open to below open to below Stair 2 4 1,197 sf PL09 1,3 sf PL16 3 (Food Store) 23,535 sf PL sf 2 Open to below dn PL07 Res. Lobby 1 Stair # 415 PL04 Stair 5 dn Mechanical Dn 21R 1,341 sf PL17 3% Firefighters 2500 lb PL08 Stair 1 PL01 Compactor PL02 Loing Dock PL11 PL03 Exit Corridor PL sf PL00 15R 1,524 sf PL06 4% Carts 1,152 sf PL01 Carts PL05 Stair #7 Food Store Mech 1,395 sf PL04 1,329 sf PL05 PL13 Food Store PL03 Exir Corridor 1,603 sf PL02 Gross Floor Area 19,992 sf Residential Circulation 2,3 sf Retail Area PL06 Commercial Mech 17,682 sf PL07 Cooling Tower 1,341 sf PL 1,312 sf 23R PL09 Dn 21 W R15 R U S S E L L A V E N U E D R I V E W A Y DG B -B P1 Level White Rock Community Centre A A Property Line B C open to below B C 06 Boiler Room 07 Mech. Gasmeter Ramp Gasmeter D E F G H Townhouses Building ,535 SF 2 1,341 SF 3 1,312 SF Short term parking D E F G H Dedicated Police Short term parking 06 Electr. Building 1 04 R16 Dn 22 Dn R15 02 Res. lobby 03 Exit corridor Property Line THRIFT AVENUE J K L 1/A SF SF SF M A I N P L A Z A J K L Yoga Dn 21 R16 Tong Moo Do Martial Arts Short term parking Miramar Village Offices 16R Property Line 0.04 M N P DG 16* 4,684 SF 7 1,143 SF Stair 2 8 1,3 SF 9 1,341 SF 1,152 SF Building 3 Electrical 354'-0" TOS 11* 1,603 SF 15R Stair 3 M N P Dn R16 R16 Building 2 Property Line Clinical Sleep Solutions Existing Building Q 15 1,030 SF 14 1,097 SF 13 1,524 SF 12 2,724 SF Q Healthy Way R R Property Line 180 Residential Rexall Pharmacy White Rock Nail Spa J O H N S T O N R O A D Cruiseabout Hearing Life Cana *Potential for restaurant venting JOHNSTON RO FORM RETAIL VISORS INC.

4 SURROUNDING DEVELOPMENTS Foster Martin 334 Units, 25 Stories Semiahmoo Shopping Centre Johnston Ro 16 Avenue/North Bluff Ro Fostor Martin Beverly 89 Units, High Rise (1501 Vidal Street) Oceana Parc 198-suite senior residential & commercial Saltaire 36 Units, 5 Stories SUBJECT SITE Thrift Avenue Semiah 88 Units, 14 Stories Newport at West Beach 42 Units, 4 Stories FORM RETAIL VISORS INC.

5 RETAIL SPACE IN NEW MIXED-USE DEVELOPMENT MIRAMAR VILLAGE, 2017 ESTIMATES & PROJECTIONS 1 KM 3 KM 5 KM Population 16,023 47,666 80,380 Projected Growth Rate ( ) 7.0% 6.2% 6.9% Households 9,456 23,436 35,292 Average Household Income $78,878 $95,198 $117,864 FORM RETAIL VISORS INC SEYMOUR STREET VANCOUVER, BC V6B 5A6 T F FORM.CA The information contained herein was obtained from sources which we deem reliable and while thought to be correct, are not guaranteed by Form Retail Advisors inc. FORM RETAIL VISORS INC.