Retail Stores (Personal Services, Photography, Travel) Occupancy: 100% Vacant Current Income: $0 (Immediate opportunity for value creation) Condition: [To be determined via site inspection] Zoning: [To be verified - see research section below] INVESTMENT STRATEGY & VALUE-ADD OPPORTUNITIES Primary Investment Angles 1. Immediate Value-Add Strategy Lease-Up Opportunity: Generate immediate cash flow through tenant placement Building Improvements: Strategic capital improvements to command higher rent Property Management: Professional management to optimize operations Timeline: 6-12 months to stabilization 2. Redevelopment Potential Mixed-Use Development: Combine retail, office, and potentially residential Density Maximization: Develop to highest and best use under zoning Phased Development: Utilize two-parcel structure for phased approach Timeline: 18-36 months depending on entitlements 3. Hold and Appreciate Strategy Market Appreciation: Benefit from area growth and development Rental Growth: Capture market rent increases over time Exit Strategy: Enhanced value through stabilized income or development rights