* High-Traffic, Significant Frontage – Shops on Pine @ Mosaic (Building P) is one of the highest trafficked (vehicle and pedestrian) portion in the Mosaic district and trade area given the entirety of its significant frontage on Pine Avenue at the 4th Street and 5th Street signalized intersections * Stable, Strong Tenancy, Low Rents – The property’s outstanding historical occupancy, long-term leases, strong sales, and low rents property-wide prove the stability of its tenancy, increasing renewal probability and producing low occupancy costs with 5.77 Years WALT * Well Below Market Rents – Rents are well below market levels - approximately 13% below market * Significant Income Growth – Through embedded rental increases and rolling below-market rents to market levels, the NOI is projected to substantially improve over the anticipated hold period *The NOI is projected to grow by more than $128,000 (52%) over the anticipated 10-year hold period with a CAGR of 4.3%