1. FREEPORT VILLAGEFREEPORT VILLAGE
OUTLET CENTEROUTLET CENTER
FREEPORT, MAINEFREEPORT, MAINE

2. FREEPORT VILLAGE OUTLETFREEPORT VILLAGE OUTLET
VIEW OF OVERALL PROJECTVIEW OF OVERALL PROJECT

18. FREEPORT VILLAGE STATIONFREEPORT VILLAGE STATION
 NEW CENTER DEVELOPED BY LL BEANNEW CENTER DEVELOPED BY LL BEAN
 LOCATED IN THE CENTER OF TOWNLOCATED IN THE CENTER OF TOWN
 ONE MAJOR LEVEL OF RETAIL WITH TWO LEVELS OF COVERED PARKING DECKONE MAJOR LEVEL OF RETAIL WITH TWO LEVELS OF COVERED PARKING DECK
 CENTER OPENED IN MAY 2009CENTER OPENED IN MAY 2009
 FRONTS MAIN STREET,HAS THREE MAJOR ENTRIESFRONTS MAIN STREET,HAS THREE MAJOR ENTRIES
 PRIMARY TENANTS INCLUDE :PRIMARY TENANTS INCLUDE :
 BROOKS BROTHERS 9000 FT. 3.7BROOKS BROTHERS 9000 FT. 3.7
 LL BEAN OUTLET 13,000 FT. 7.9LL BEAN OUTLET 13,000 FT. 7.9
 NIKE 8164 FT 3.5NIKE 8164 FT 3.5
 COACH 3860 4.8COACH 3860 4.8
 VAN HEUSEN 4000 FT. 1.8VAN HEUSEN 4000 FT. 1.8
 BASS 5994 FT 1.6BASS 5994 FT 1.6
 IZOD 3012 FT. 750,000IZOD 3012 FT. 750,000
 CALVIN KLEIN 6000 FT. 1.9CALVIN KLEIN 6000 FT. 1.9
 FAMOUS FOOTWEAR 5587 FT. 2.4FAMOUS FOOTWEAR 5587 FT. 2.4
 ADJACENT TO THE FOLLOWING RETAILERSADJACENT TO THE FOLLOWING RETAILERS
 POLOPOLO
 NINE WESTNINE WEST
 HARTMANNHARTMANN
 COLE HAANCOLE HAAN
 NAUTICANAUTICA

19. EXISTING STOREEXISTING STORE
 LEASE EXPIRES APRIL 30,2011LEASE EXPIRES APRIL 30,2011
 SIZE: 963 SQUARE FEETSIZE: 963 SQUARE FEET
 PROJECTED 2010 SALES: $651,000PROJECTED 2010 SALES: $651,000
 SALES PER SQ.FT. $676SALES PER SQ.FT. $676
 CURRENT TOTAL YEARLY OCCUPANCY COSTS: $42,384 (6.5%CURRENT TOTAL YEARLY OCCUPANCY COSTS: $42,384 (6.5%
OF SALES)OF SALES)
 LONG STANDING RELATIONSHIP WITH LANDLORDLONG STANDING RELATIONSHIP WITH LANDLORD
 CONSISTANT SALES PERFORMANCECONSISTANT SALES PERFORMANCE
 COULD RENEW AT A SLIGHT INCREASE IN RENTCOULD RENEW AT A SLIGHT INCREASE IN RENT
CHALLENGE:CHALLENGE:
 NO OPPORTUNITY TO EXPAND CURRENT LOCATIONNO OPPORTUNITY TO EXPAND CURRENT LOCATION
 LIMITED OPPORTUNITY TO INCREASE STORE PERFORMANCELIMITED OPPORTUNITY TO INCREASE STORE PERFORMANCE
 COSTLY TO CONVERT TO NEW MERCHANDISING CONCEPTCOSTLY TO CONVERT TO NEW MERCHANDISING CONCEPT

20. PHOTOS OF EXISTING STOREPHOTOS OF EXISTING STORE

25. L.O.D. OF STOREL.O.D. OF STORE

26. ALLEN EDMONDS PROPOSEDALLEN EDMONDS PROPOSED
LOCATIONLOCATION

28. LANDLORD WORKLANDLORD WORK
 LANDLORD TO DELIVER ALLENLANDLORD TO DELIVER ALLEN
EDMONDS WHITE BOXEDMONDS WHITE BOX
 LANDLORD TO BUILD MEZZANINELANDLORD TO BUILD MEZZANINE
 LANDLORD TO CONTRIBUTELANDLORD TO CONTRIBUTE
$30.00PSF ($33,390)TOWARDS TENANT$30.00PSF ($33,390)TOWARDS TENANT
BUILDOUTBUILDOUT

29. FREEPORT VILLAGEFREEPORT VILLAGE
STATION OUTLETSTATION OUTLET
 SIZE: 1413 SQ.FT. (1113 SQ.FT. RETAILSIZE: 1413 SQ.FT. (1113 SQ.FT. RETAIL
WITH 300 SQ.FT.MEZZANINE)WITH 300 SQ.FT.MEZZANINE)
 20FT FRONT BY 54’ DEEP20FT FRONT BY 54’ DEEP
 10 YEAR TERM WITH K.O.END OF10 YEAR TERM WITH K.O.END OF
YEAR 5 @ $625,000 LL @ $507,000YEAR 5 @ $625,000 LL @ $507,000
 1(ONE) FIVE YEAR OPTION1(ONE) FIVE YEAR OPTION
 ESTIMATED TOTAL OCCUPANCYESTIMATED TOTAL OCCUPANCY
YEAR ONE: $52.25PSF $58,154YEAR ONE: $52.25PSF $58,154

30. PROJECTED OCCUPANCYPROJECTED OCCUPANCY
COSTS 10 YEARSCOSTS 10 YEARS

31. FREEPORT PERCENTAGE RENTFREEPORT PERCENTAGE RENT
10 YEAR LEASE10 YEAR LEASE

32. PROJECTED OCCUPANCYPROJECTED OCCUPANCY
COSTS LIFE OF LEASECOSTS LIFE OF LEASE

33. FREEPORT PERCENTAGE RENTFREEPORT PERCENTAGE RENT
LIFE OF LEASELIFE OF LEASE

34. Produced by A.Produced by A.
McCulloughMcCullough
Directed by A. McCulloughDirected by A. McCullough
Screen-Play A. McCulloughScreen-Play A. McCullough
Starring A. McCulloughStarring A. McCullough
Copyright A. McCulloughCopyright A. McCullough
Key Grip A. McCulloughKey Grip A. McCullough
Make-up A. McCulloughMake-up A. McCullough

35. ALLEN EDMONDSALLEN EDMONDS
STORE LOCATIONSTORE LOCATION
101111_AllenEdmonds.lnk

36. FREEPORT PERCENTAGE RENTFREEPORT PERCENTAGE RENT
10 YEAR LEASE10 YEAR LEASE
AE FREEPORT PERCENTAGE RENT 10 YEARS.lnk

37. FREEPORT VILLAGEFREEPORT VILLAGE
PROJECTEDPROJECTED
OCCUPANCY COSTS 10 YEARSOCCUPANCY COSTS 10 YEARS
AE FREEPORT SPREADSHEET 10YRS..lnk

38. FREEPORT PERCENTAGE RENTFREEPORT PERCENTAGE RENT
LIFE OF LEASELIFE OF LEASE
AE FREEPORT LIFE OF LEASE PERCENTAGE RENT.lnk