-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, LrIkCrvCH3hO9l408hdUNpGd2SiBJXFCTOaCoktl7jpFQkbAPU55dPf5KxznbOku 0UF1GZ+6ielkeOIQaitCjA== 0000914121-05-002187.txt : 20051118 0000914121-05-002187.hdr.sgml : 20051118 20051118172430 ACCESSION NUMBER: 0000914121-05-002187 CONFORMED SUBMISSION TYPE: DFAN14A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20051118 DATE AS OF CHANGE: 20051118 EFFECTIVENESS DATE: 20051118 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: SIX FLAGS INC CENTRAL INDEX KEY: 0000701374 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-MISCELLANEOUS AMUSEMENT & RECREATION [7990] IRS NUMBER: 736137714 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: DFAN14A SEC ACT: 1934 Act SEC FILE NUMBER: 001-13703 FILM NUMBER: 051216107 BUSINESS ADDRESS: STREET 1: 11501 NE EXPWY CITY: OKLAHOMA CITY STATE: OK ZIP: 73131 BUSINESS PHONE: 4054752500 MAIL ADDRESS: STREET 1: 122 EAST 42ND STREET 49TH STREET CITY: NEW YORK STATE: NY ZIP: 10168 FORMER COMPANY: FORMER CONFORMED NAME: TIERCO GROUP INC/DE/ DATE OF NAME CHANGE: 19920703 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: RED ZONE LLC CENTRAL INDEX KEY: 0001301723 IRS NUMBER: 201475706 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: DFAN14A BUSINESS ADDRESS: STREET 1: 21300 REDSKIN PARK DRIVE CITY: ASHBURN STATE: VA ZIP: 20147 BUSINESS PHONE: 703-726-7133 MAIL ADDRESS: STREET 1: 21300 REDSKIN PARK DRIVE CITY: ASHBURN STATE: VA ZIP: 20147 DFAN14A 1 rz720603-dfan14a.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 14A CONSENT STATEMENT PURSUANT TO SECTION 14(A) OF THE SECURITIES AND EXCHANGE ACT OF 1934 Filed by the Registrant [ ] Filed by a Party other than the Registrant [X] Check the appropriate Box: [ ] Preliminary Proxy Statement [ ] Confidential, for Use of the Commission only (as permitted by rule 14a-6(e)(2)) [ ] Definitive Proxy Statement [X] Definitive Additional Materials [ ] Soliciting Material Pursuant to sec. 240.14a-12 SIX FLAGS, INC. - -------------------------------------------------------------------------------- (Name of Registrant as Specified in Its Charter) RED ZONE LLC - -------------------------------------------------------------------------------- (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check the appropriate box): [X] No fee required. [ ] Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11. (1) Title of each class of securities to which the transaction applies: ________________________________________________________________________ (2) Aggregate number of securities to which the transaction applies: ________________________________________________________________________ (3) Per unit price or other underlying value of the transaction computed pursuant to Exchange Act Rule 0-11 (Set forth the amount on which the filing fee is calculated and state how it was determined): ________________________________________________________________________ (4) Proposed maximum aggregate value of the transaction: ________________________________________________________________________ (5) Total fee paid: ________________________________________________________________________ [ ] Fee paid previously with preliminary materials. [ ] Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing. (1) Amount Previously Paid: ________________________________________________________________________ (2) Form, Schedule or Registration Statement No.: ________________________________________________________________________ (3) Filing Party: ________________________________________________________________________ (4) Date Filed: -------------------------------------------- The following information was prepared for Red Zone LLC in connection with its analysis of certain Six Flags, Inc. real estate assets. Staubach - -------- A World of Real Estate Knowlege Valencia Overview o The Newhall Land and Farming Company (a California limited partnership) owns 51,620 acres devoted to real estate and agricultural operations. Its primary business is developing master-planned communities. Newhall Ranch, its next new town and Valencia together form one of the nation's most valuable land holdings - 36,000 acres, 30 miles north of downtown Los Angeles. o Lennar Corporation and LNR Property Corporation acquired The Newhall Land and Farming Company in 2004. o The property adjacent to the subject property is owned by Newhall Land & Farming, which is being planned for a 454-acre business park incorporating recreational, office, technology, retail, mixed use, residential and hospitality uses. o The Newhall Land and Farming Company's primary focus is the community of Valencia which is about 15,000 acres and currently is about two-thirds complete. There are about 4,000 residential lots, 370 net acres of industrial land and about 700 net acres of commercial land remaining to be developed. o Newhall Ranch, the company's next new community, is scheduled to contain about 20,885 homes and about 1,000 gross acres of commercial, industrial and mixed-use development. Development is expected to begin in late 2006. o Valencia and Newhall Ranch, together, form one of the nation's most valuable landholdings. They are located on the Company's 36,000 acres, 30 miles north of downtown Los Angeles. -1- Staubach - -------- A World of Real Estate Knowlege Current Land Parcels for Sale [6 graphics ommitted]
Project Name Magic Valencia Gateway V - Gateway V - Needham The Mesa's Springcreek Mountain Spectrum Phase I Phase II Ranch Business Park Ranch Entertainment Business Park Project Owner Newhall Land Newhall Land Newhall Land Newhall Land Newhall Land Newhall Land Private Investment Group Land Size 400 Acres 101 Acres 32 Acres 24-28 Acres 170 Acres 1,140 Acres 58 Acres Total Delivery Date 2nd Quarter 2-3rd 2nd Quarter Phase I: 2006 2007 2009 2006 2007 Quarter 2007 2006 Phase II: pending 2009 Entitlements Asking Price $18.00 - $18.00 - $17.00 - $17.00 - TBD TBD TBD $20.00/psf $20.00/psf $18.00/psf $18.00/psf Notes The largest Slated for Located at Located in Located SE Located Located in of immediate mixed use entrance to Gateway of Valencia south of Hwy Saugus. sites for development: Gateway Commerce near 14 126. Site is development. commercial, Commerce Center, Freeway and Development adjacent to Located industrial Center, adjacent to 5 Freeway. slated to San adjacent to and retail adjacent to Hwy 236. Delivery bring over Fernando Six Flags uses. Hwy 126. could be 20,000 homes Road and Magic Located at more and 18,000 currently Mountain intersection immediate jobs to area houses over Park and of Hwy 126 pending in next 30 500K, of Interstate 5. and I-5. City years industrial Council approval.
Subject Property: Six Flags Magic Mountain Address: 26101 Magic Mountain Parkway Valencia, California 91355 Parcel Size: 257 acres (11,194,920 square feet) Estimated Value for Land Parcel High $14 per square foot $156,728,880 Medium $12.50 per square foot $139,936,500 Low $10.50 per square foot $117,546,660 Comments: Value may vary depending on size and location of final parcel to be sold, and timing of sale. -2- [Map of "29011a Avenue Williams, Valencia, CA" omitted. Source: (c) 2005 MapQuest.com, Inc.; (c) 2005 NAVTER] This copyrighted report contains research licensed to The Stanbach Company - 70575 -3- 1. 29011a Avenue Williams - Gateway III, Phase I, Land-Lot 10 Valencia, CA 91355 Land of 3.16 AC is for sale at $1,858,270 ($588,060.13/AC) Investment Information Sale Price: $1,858,270 Price/AC: $588,060.13 Sale Status: Active Sale Conditions: - Days on Market: 1,960 Land Information Zoning: - Proposed Use: - Density: - Parcel Size: 3.16 AC Lot Dimensions: - Number of Lots: - On-Site Improv: - Improvements: - Name: Land-Lot 10 Topography: Level [Map of "29011a Avenue Williams, Valencia, CA" omitted. Source: (c) 2005 MapQuest.com, Inc.; (c) NAVTER] [Graphic omitted.] This copyrighted report contains research licensed to The Staubach Company - 70575. 7/7/2005 -4- 2. Centre Pointe Pky - Land Santa Clarita, CA 91350 - Santa Clarita Valley Submarket Land of 22.90 AC is for sale at $2,900,000 ($126,637.55/AC) Investment Information Sale Price: $2,900,000 Price/AC: $126,637.55 Sale Status: Under Contract Sale Conditions: - Days on Market: 720 Land Information Zoning: - Proposed Use: - Density: - Parcel Size: 22.90 AC Lot Dimensions: - Number of Lots: - On-Site Improv: - Improvements: - Name: Land Topography: Level [Map of "Centre Pointe Pky" omitted. Source: (c) 2005 MapQuest.com, Inc.; (c) 2005 NAVTER] [Graphic omitted.] This copyrighted report contains research licensed to The Staubach Company - 70575. 7/7/2005 -5- 3. 28250 Constellation Rd - Rye Canyon Business Park, Land-Lot 21 Santa Clarita, CA 91355 - Santa Clarita Valley Submarket Land of 7.51 AC is for sale at $3,191,282 ($424,711.47/AC) Investment Information Sale Price: $3,191,282 Price/AC: $424,711.47 Sale Status: Active Sale Conditions: - Days on Market: 1,228 Investment Notes This is Lot 21 of the South Campus in the Rye Canyon Business Park. Located in this master planned state-of-the-art business park, this vacant land has potential for retail use. It offers excellent freeway access to the Golden State (I-5) and Highway 126. The area offers an abundant and diverse labor pool. Land Information Zoning: BP Proposed Use: Commercial Density: - Parcel Size: 7.51 AC Lot Dimensions: - Number of Lots: 1 On-Site Improv: Rough graded Improvements: - Name: Land-Lot 21 Topography: Level Off-Site Improv: Gas, Sewer, Water [Map of "28250 Constellation Rd - Rye Canyon Business Park, Land-Lot 21" omitted. Source: (c) 2005 MapQuest.com, Inc., (c) 2005 NAVTER] [Graphic omitted.] This copyrighted report contains research licensed to The Staubach Company - 70575. 7/7/2005 -6- 4. 28251 Constellation Rd - Rye Canyon Business Park, Land-Lot 28 Santa Clarita, CA 91355 - Santa Clarita Valley Submarket Land of 4.49 AC is for sale at $1,907,422 ($424,711.54/AC) Investment Information Sale Price: $1,907,422 Price/AC: $424,711.54 Sale Status: Active Sale Conditions: - Days on Market: 1,228 Investment Notes This is Lot 28 of the South Campus in the Rye Canyon Business Park. Located in this master planned state-of-the-art business park, this vacant land has potential for retail use. It offers excellent freeway access to the Golden State (I-5) and Highway 126. The area offers an abundant and diverse labor pool. Land Information Zoning: BP Proposed Use: Commercial Density: - Parcel Size: 4.49 AC Lot Dimensions: - Number of Lots: 1 On-Site Improv: Rough graded Improvements: - Name: Land-Lot 28 Topography: Level Off-Site Improv: Gas, Sewer, Water [Map of "28251 Constellation Rd - Rye Canyon Business Park, Land-Lot 28" omitted. Source: (c) 2005 MapQuest.com, Inc.; (c) 2005 NAVTER] [Graphic omitted.] This copyrighted report contains research licensed to The Staubach Company - 70575. 7/7/2005 -7- 5. 28260 Constellation Rd - Rye Canyon Business Park, Land-Lot 20 Santa Clarita, CA 91355 - Santa Clarita Valley Submarket Land of 11.86 AC is for sale at $4,650,651 ($392,039.84/AC) Investment Information Sale Price: $4,650,651 Price/AC: $392,039.84 Sale Status: Active Sale Conditions: - Days on Market: 1,228 Investment Notes This is Lot 20 of the South Campus in the Rye Canyon Business Park. Located in this master planned state-of-the-art business park, this vacant land has potential for retail use. It offers excellent freeway access to the Golden State (I-5) and Highway 126. The area offers an abundant and diverse labor pool. Land Information Zoning: BP Proposed Use: Commercial Density: - Parcel Size: 11.86 AC Lot Dimensions: - Number of Lots: 1 On-Site Improv: Rough graded Improvements: - Name: Land-Lot 20 Topography: Level Off-Site Improv: Gas, Sewer, Water [Map of "28260 Constellation Rd - Rye Canyon Business Park, Land-Lot 20" omitted. Source: (c) 2005 MapQuest.com, Inc.; (c) 2005 NAVTER] [Graphic omitted.] This copyrighted report contains research licensed to The Staubach Company - 70575. 7/7/2005 -8- 6. 28261 Constellation Rd - Rye Canyon Business Park, Land-Lot 29 Santa Clarita, CA 91355 - Santa Clarita Valley Submarket Land of 4.72 AC is for sale at $2,005,926 ($424,714.38/AC) Investment Information Sale Price: $2,005,926 Price/AC: $424,714.38 Sale Status: Active Sale Conditions: - Days on Market: 1,228 Investment Notes This is Lot 29 of the South Campus in the Rye Canyon Business Park. Located in this master planned state-of-the-art business park, this vacant land has potential for retail use. It offers excellent freeway access to the Golden State (I-5) and Highway 126. The area offers an abundant and diverse labor pool. Land Information Zoning: BP Proposed Use: Commercial Density: - Parcel Size: 4.72 AC Lot Dimensions: - Number of Lots: 1 On-Site Improv: Rough graded Improvements: - Name: Land-Lot 29 Topography: Level Off-Site Improv: Gas, Sewer, Water [Map of "28261 Constellation Rd - Rye Canyon Business Park, Land-Lot 29" omitted. Source: (c) 2005 MapQuest.com, Inc.; (c) 2005 NAVTER] [Graphic omitted.] This copyrighted report contains research licensed to The Staubach Company - 70575. 7/7/2005 -9- 7. 28270 Constellation Rd - Rye Canyon Business Park, Land-Lot 19 Santa Clarita, CA 91355 - Santa Clarita Valley Submarket Land of 8.05 AC is for sale at $3,420,125 ($424,712.52/AC) Investment Information Sale Price: $3,420,125 Price/AC: $424,712.52 Sale Status: Active Sale Conditions: - Days on Market: 1,228 Investment Notes This is Lot 19 of the South Campus in the Rye Canyon Business Park. Located in this master planned state-of-the-art business park, this vacant land has potential for retail use. It offers excellent freeway access to the Golden State (I-5) and Highway 126. The area offers an abundant and diverse labor pool. Land Information Zoning: BP Proposed Use: Commercial Density: - Parcel Size: 8.05 AC Lot Dimensions: - Number of Lots: 1 On-Site Improv: Rough graded Improvements: - Name: Land-Lot 19 Topography: Level Off-Site Improv: Gas, Sewer, Water [Map of "28270 Constellation Rd - Rye Canyon Business Park, Land-Lot 19" omitted. Source: (c) 2005 MapQuest.com, Inc.; (c) 2005 NAVTER] [Graphic omitted.] This copyrighted report contains research licensed to The Staubach Company - 70575. 7/7/2005 -10- 8. 28271 Constellation Rd - Rye Canyon Business Park, Land-Lot 30 Santa Clarita, CA 91355 - Santa Clarita Valley Submarket Land of 7.26 AC is for sale at $3,083,564 ($424,709.93/AC) Investment Information Sale Price: $3,083,564 Price/AC: $424,709.93 Sale Status: Active Sale Conditions: - Days on Market: 1,228 Investment Notes This is Lot 30 of the South Campus in the Rye Canyon Business Park. Located in this master planned state-of-the-art business park, this vacant land has potential for retail use. It offers excellent freeway access to the Golden State (I-5) and Highway 126. The area offers an abundant and diverse labor pool. Land Information Zoning: BP Proposed Use: Commercial Density: - Parcel Size: 7.26 AC Lot Dimensions: - Number of Lots: 1 On-Site Improv: Rough graded Improvements: - Name: Land-Lot 30 Topography: Level Off-Site Improv: Gas, Sewer, Water [Map of "28271 Constellation Rd - Rye Canyon Business Park, Land-Lot 30" omitted. Source: (c) 2005 MapQuest.com, Inc.; (c) 2005 NAVTER] [Graphic omitted.] This copyrighted report contains research licensed to The Staubach Company - 70575. 7/7/2005 -11- 9. 28450a Livingston Ave - Gateway III, Phase II, Land-Lot 24 & 25 Valencia, CA 91355 Land of 6.07 AC is for sale at $3,239,010 ($533,627.14/AC) Investment Information Sale Price: $3,239,010 Price/AC: $533,627.14 Sale Status: Active Sale Conditions: - Days on Market: 1,960 Investment Notes This space is 5.49 acres (239,144sf) of vacant land and is available to purchase for $13.50/sf. It is part of the Valencia Gateway III and is close to the Golden State Freeway and I-216. There are sewer, water and gas lines in the street. Land Information Zoning: M1.5 Proposed Use: - Density: - Parcel Size: 6.07 AC Lot Dimensions: - Number of Lots: - On-Site Improv: - Improvements: - Name: Land-Lot 24 & 25 Topography: Level [Map of "28450a Livingston Ave - Gateway III, Phase II, Land-lot 24 & 25" omitted. Source: (c) 2005 MapQuest.com, Inc.; (c) 2005 NAVTER] [Graphic omitted.] This copyrighted report contains research licensed to The Staubach Company - 70575. 7/7/2005 -12- 10. 28510a Livingston Ave - Gateway III, Phase II, Land-Lot 8 Valencia, CA 91355 Land of 3.68 AC is for sale at $2,164,060 ($588,059.78/AC) Investment Information Sale Price: $2,164,060 Price/AC: $588,059.78 Sale Status: Active Sale Conditions: - Days on Market: 1,960 Investment Notes This space is 3.68 acres (160,300sf) of vacant land that is available to purchase for $13.50/sf. It is part of the Valencia Gateway III and is close to Golden State Freeway and I-126. There are sewer, water and gas lines in the street. Land Information Zoning: M1.5 Proposed Use: - Density: - Parcel Size: 3.68 AC Lot Dimensions: - Number of Lots: - On-Site Improv: - Improvements: - Name: Land-Lot 8 Topography: Level [Map of "28510a Livingston Ave - Gateway III, Phase II, Land-lot 8" omitted. Source: (c) 2005 MapQuest.com, Inc.; (c) 2005 NAVTER] [Graphic omitted.] This copyrighted report contains research licensed to The Staubach Company - 70575. 7/7/2005 -13- 11. San Martinez Grande Canyo Rd - Land Los Angeles, CA 91384 Land of 616 AC is for sale at $7,392,000 ($12,000/AC) Investment Information Sale Price: $7,392,000 Price/AC: $12,000 Sale Status: Active Sale Conditions: - Days on Market: 135 Investment Notes A-2-2. Buyer to verify zoning will allow buyer's intended use. Land Information Zoning: A-2-2 Proposed Use: MultiFamily Density: - Parcel Size: 616 AC Lot Dimensions: - Number of Lots: - On-Site Improv: - Improvements: - Name: Land Topography: Steep [Map of "San Martinez Grande Canyo Rd - Land" omitted. Source: Mapquest] [Graphic omitted.] This copyrighted report contains research licensed to The Staubach Company - 70575. 7/7/2005 -14- 12. 23658 Sierra Hwy - Land Newhall, CA 91321 - Santa Clarita Valley Submarket Land of 6.10 AC is for sale Investment Information Sale Price: For Sale Price/AC: - Sale Status: Active Sale Conditions: - Days on Market: 241 Land Information Zoning: - Proposed Use: Commercial Density: - Parcel Size: 6.10 AC Lot Dimensions: - Number of Lots: - On-Site Improv: - Improvements: - Name: Land Topography: Level [Map of "23658 Sierra Hwy - Land" omitted. Source: (c) 2005 MapQuest.com, Inc., (c) 2005 NAVTER] [Graphic omitted.] This copyrighted report contains research licensed to The Staubach Company - 70575. 7/7/2005 -15- 13. 130629 The Old Rd Castaic, CA 91384 Land of 3.33 AC is for sale at $3,000,000 ($900,900.90/AC) Investment Information Sale Price: $3,000,000 Price/AC: $900,900.90 Sale Status: Active Sale Conditions: - Days on Market: 36 Land Information Zoning: - Proposed Use: - Density: - Parcel Size: 3.33 AC Lot Dimensions: - Number of Lots: - On-Site Improv: - Improvements: - Parcel Number: 2865-020-020 [Map of "30629 The Old Rd" omitted. Source: (c) 2005 MapQuest.com, Inc.; (c) 2005 NAVTER] [Graphic omitted.] This copyrighted report contains research licensed to The Staubach Company - 70575. 7/7/2005 -16- 14. 27439 Tourney Rd - Valencia Corporate Center, Lot 5 Valencia, CA 91355 - Santa Clarita Valley Submarket Land of 3.02 AC is for sale at $3,025,673 ($1,001,878.48/AC) Investment Information Sale Price: $3,025,673 Price/AC: $1,001,878.48 Sale Status: Active Sale Conditions: - Days on Market: 324 Land Information Zoning: BP Proposed Use: Commercial Density: - Parcel Size: 3.02 AC Lot Dimensions: - Number of Lots: - On-Site Improv: - Improvements: - Name: Lot 5 Topography: Level [Map of "27439 Tourney Rd - Valencia Corporate Center, Lot 5" omitted. Source: (c) 2005 MapQuest.com, Inc.; (c) 2005 NAVTER] [Graphic omitted.] This copyrighted report contains research licensed to The Staubach Company - 70575. 7/7/2005 -17- 15. 27454 Tourney Rd - Valencia Corporate Center, Lot 2 Valencia, CA 91355 - Santa Clarita Valley Submarket Land of 6.12 AC is for sale at $6,131,501 ($1,001,879.25/AC) Investment Information Sale Price: $6,131,501 Price/AC: $1,001,879.25 Sale Status: Active Sale Conditions: - Days on Market: 324 Land Information Zoning: BP Proposed Use: Commercial Density: - Parcel Size: 6.12 AC Lot Dimensions: - Number of Lots: - On-Site Improv: - Improvements: - Name: Lot 2 Topography: Level [Map of "27454 Tourney Rd - Valencia Corporate Center, Lot 2" omitted. Source: (c) 2005 MapQuest.com, Inc., (c) 2005 NAVTER] [Graphic omitted.] This copyrighted report contains research licensed to The Staubach Company - 70575. 7/7/2005 -18-
STAUBACH A World of Real Estate Knowledge Scoreboard Magic Mountain Hurricane Harbor - Valencia, CA NAME: Scoreboard Magic Mountain City/County: Valencia Los Angeles - -------------------------------------------------------------------------------------------------------------------- ADDRESS: 26101 Magic Mountain Parkway STATE/ZIP: California 91355 - -------------------------------------------------------------------------------------------------------------------- Site Characteristics - -------------------------------------------------------------------------------------------------------------------- Existing Acres - -------------------------------------------------------------------------------------------------------------------- Total Site 260 - -------------------------------------------------------------------------------------------------------------------- Amusement Park X 160 - -------------------------------------------------------------------------------------------------------------------- WaterPark X 12 - -------------------------------------------------------------------------------------------------------------------- Safari Park - -------------------------------------------------------------------------------------------------------------------- Campgrounds - -------------------------------------------------------------------------------------------------------------------- Picnic Area - -------------------------------------------------------------------------------------------------------------------- Marine Mammals - -------------------------------------------------------------------------------------------------------------------- Underutilized (Acres)*** 88 - -------------------------------------------------------------------------------------------------------------------- Access to Underutilized Portion TBD - -------------------------------------------------------------------------------------------------------------------- Utilities to Underutilized Portion TBD - -------------------------------------------------------------------------------------------------------------------- Adjacent Uses to Underutilized Portion Mixed Use - -------------------------------------------------------------------------------------------------------------------- Comments - -------------------------------------------------------------------------------------------------------------------- Zoning/Entitlements/Legal Characteristics - -------------------------------------------------------------------------------------------------------------------- Ownership Premier Parks, Inc. - -------------------------------------------------------------------------------------------------------------------- Current Zoning LCCR - Subject to Valencia Master Plan - -------------------------------------------------------------------------------------------------------------------- Surrounding Zoning Office, Industrial, & Retail - -------------------------------------------------------------------------------------------------------------------- Local Zoning Authority TBD - -------------------------------------------------------------------------------------------------------------------- Process Notes TBD - -------------------------------------------------------------------------------------------------------------------- Comments - -------------------------------------------------------------------------------------------------------------------- Demographics 1 mile 5 miles 10 miles - -------------------------------------------------------------------------------------------------------------------- Population Size 216 111,089 216,514 - -------------------------------------------------------------------------------------------------------------------- Population Growth 1990-2000 13.09% 33.40% 29.43% - -------------------------------------------------------------------------------------------------------------------- Average Household Income $112,654 $87,241 $83,631 - -------------------------------------------------------------------------------------------------------------------- Median Household Income $90,625 $75,570 $69,393 - -------------------------------------------------------------------------------------------------------------------- Per Capita Income $47,200 $29,014 $28,034 - -------------------------------------------------------------------------------------------------------------------- Median Property Value $413,636 $251,360 $247,259 - -------------------------------------------------------------------------------------------------------------------- Comments: Demographic data taken from Census 2000 - -------------------------------------------------------------------------------------------------------------------- Tax Records - -------------------------------------------------------------------------------------------------------------------- Assessed Land Value $36,878,347 - -------------------------------------------------------------------------------------------------------------------- Assd Improvements $18,716,009 - -------------------------------------------------------------------------------------------------------------------- Purchase Price TBD - -------------------------------------------------------------------------------------------------------------------- Estimated Annual Tax for Underutilized Land $529,575**** - -------------------------------------------------------------------------------------------------------------------- Comments: Tax estimate is preliminary based on public records and must be verified - -------------------------------------------------------------------------------------------------------------------- Market Comparable Analysis * High Medium Low - -------------------------------------------------------------------------------------------------------------------- Estimated Current Sale Price / SF $14.00 /SF $12.50 /SF $10.50 /SF - -------------------------------------------------------------------------------------------------------------------- Comments: Verify Riperian Rights, topography, zoning, utilities - -------------------------------------------------------------------------------------------------------------------- Estimated Value for Underutilized Land** 12 months Increase 36 Months - -------------------------------------------------------------------------------------------------------------------- High $ 53,665,920 30% $ 69,765,696 - -------------------------------------------------------------------------------------------------------------------- Medium $ 47,916,000 30% $ 62,290,800 - -------------------------------------------------------------------------------------------------------------------- Low $ 40,249,440 30% $ 52,324,272 - -------------------------------------------------------------------------------------------------------------------- Median $ 46,957,680 $ 61,044,984 - --------------------------------------------------------------------------------------------------------------------
-19- - -------------------------------------------------------------------------------- Comments: - -------------------------------------------------------------------------------- * Market data show magnitude of price range of land within "X" mile radius per Co-Star Market Data 7/7/2005; No discussion with local owners; Additional research required to give more accurate pricing ** Value estimate in preliminary order of magnitude *** Assumes reported underutilized land square footage is 100% usable; No site tours or engineering studies have been undertaken **** Preliminary estimate [Context Map of "Scoreboard Magic Mountain Hurricane Harbor - Valencia California" omitted. Source: (c) 2005 MapQuest.com, Inc.; (c) 2005 NAVTER] [Location Map of "Scoreboard Magic Mountain Hurricane Harbor - Valencia California" omitted. Source: (c) 2005 MapQuest.com, Inc.; (c) 2005 NAVTER] [Site Map of "Scoreboard Magic Mountain Hurricane Harbor - Valencia California" omitted. Source: Unknown] [Current site image of "Scoreboard Magic Mountain Hurricane Harbor - Valencia California" omitted. Source: Unknown] 7/18/2005 The Staubach Company Attachment B - 071405 Scoreboard Side details Valencia, CA -20-
STAUBACH A World of Real Estate Knowledge Scoreboard America - Largo, MD NAME: Scoreboard America City/County: Largo Prince Georges - -------------------------------------------------------------------------------------------------------------------- ADDRESS: 13710 Central Avenue STATE/ZIP: Maryland 20744 - -------------------------------------------------------------------------------------------------------------------- Site Characteristics - -------------------------------------------------------------------------------------------------------------------- Existing Acres - -------------------------------------------------------------------------------------------------------------------- Total Site 515 - -------------------------------------------------------------------------------------------------------------------- Amusement Park X 131 - -------------------------------------------------------------------------------------------------------------------- WaterPark X - -------------------------------------------------------------------------------------------------------------------- Safari Park - -------------------------------------------------------------------------------------------------------------------- Campgrounds - -------------------------------------------------------------------------------------------------------------------- Picnic Area - -------------------------------------------------------------------------------------------------------------------- Marine Mammals - -------------------------------------------------------------------------------------------------------------------- Underutilized (Acres)*** 384 - -------------------------------------------------------------------------------------------------------------------- Access to Underutilized Portion TBD - -------------------------------------------------------------------------------------------------------------------- Utilities to Underutilized Portion TBD - -------------------------------------------------------------------------------------------------------------------- Adjacent Uses to Underutilized Portion Residential - -------------------------------------------------------------------------------------------------------------------- Comments - -------------------------------------------------------------------------------------------------------------------- Zoning/Entitlements/Legal Characteristics - -------------------------------------------------------------------------------------------------------------------- Ownership Tierco Maryland, Inc. - -------------------------------------------------------------------------------------------------------------------- Current Zoning 455 Commercial, 67 Agriculture - -------------------------------------------------------------------------------------------------------------------- Surrounding Zoning TBD - -------------------------------------------------------------------------------------------------------------------- Local Zoning Authority TBD - -------------------------------------------------------------------------------------------------------------------- Process Notes TBD - -------------------------------------------------------------------------------------------------------------------- Comments - -------------------------------------------------------------------------------------------------------------------- Demographics 1 mile 5 miles 10 miles - -------------------------------------------------------------------------------------------------------------------- Population Size 4,268 104,864 532,499 - -------------------------------------------------------------------------------------------------------------------- Population Growth 1990-2000 23.71% 42.71% 11.07% - -------------------------------------------------------------------------------------------------------------------- Average Household Income $101,190 $80,780 $63,419 - -------------------------------------------------------------------------------------------------------------------- Median Household Income $90,189 $72,494 $54,292 - -------------------------------------------------------------------------------------------------------------------- Per Capita Income $34,269 $28,935 $23,409 - -------------------------------------------------------------------------------------------------------------------- Median Property Value $167,175 $164,042 $142,176 - -------------------------------------------------------------------------------------------------------------------- Comments: Demographic data taken from Census 2000 - -------------------------------------------------------------------------------------------------------------------- Tax Records - -------------------------------------------------------------------------------------------------------------------- Assessed Land Value $2,217,600 - -------------------------------------------------------------------------------------------------------------------- Assd Improvements $24,579,800 - -------------------------------------------------------------------------------------------------------------------- Purchase Price $7,792,033 - -------------------------------------------------------------------------------------------------------------------- Estimated Tax for Underutilized Land $293,812**** - -------------------------------------------------------------------------------------------------------------------- Comments: Tax estimate is preliminary based on public records and must be verified - -------------------------------------------------------------------------------------------------------------------- Market Comparable Analysis * High Medium Low - -------------------------------------------------------------------------------------------------------------------- Estimated Current Sale Price / SF $8.00 /SF $5.75 /SF $4.50 /SF - -------------------------------------------------------------------------------------------------------------------- Comments: Verify topography, zoning, utilities, traffic - -------------------------------------------------------------------------------------------------------------------- Estimated Value for Underutilized Land** 12 months Increase 36 Months - -------------------------------------------------------------------------------------------------------------------- High $ 133,816,320 10% $ 147,197,952 - -------------------------------------------------------------------------------------------------------------------- Medium $ 96,180,480 15% $ 110,607,552 - --------------------------------------------------------------------------------------------------------------------
-21- - -------------------------------------------------------------------------------------------------------------------- Low $ 75,271,680 20% $ 90,326,016 - -------------------------------------------------------------------------------------------------------------------- Median $ 104,544,000 $ 118,761,984 - -------------------------------------------------------------------------------------------------------------------- Comments: - --------------------------------------------------------------------------------------------------------------------
* Market data show magnitude of price range of land within "X" mile radius per Co-Star Market Data 7/7/2005; No discussion with local owners; Additional research required to give more accurate pricing ** Value estimate in preliminary order of magnitude *** Assumes reported underutilized land square footage is 100% usable; No site tours or engineering studies have been undertaken **** Preliminary estimate [Context Map of "Scoreboard America - Largo, MD" omitted. Source: (c) 2005 MapQuest.com, Inc., (c) 2005 NAVTER] [Location Map of "Scoreboard America - Largo, MD" omitted. Source: (c) 2005 MapQuest.com, Inc.; (c) 2005 NAVTER] [Site Map of "Scoreboard America - Largo, MD" omitted. Source: Keyhole.com] [Current site image of "Scoreboard America - Largo, MD" omitted. Source: Unknown] 7/18/2005 The Staubach Company Attachment B - 071405 Scoreboard Site details Largo, MD -22-
STAUBACH A World of Real Estate Research Scordboard Great Adventure - Jackson, NJ NAME: Scoreboard Great Adventure City/County: Jackson Ocean - ----------------------------------------------------------------------------------------------------------------------- ADDRESS: One Six Flags Blvd STATE/ZIP: NJ 08527 - ----------------------------------------------------------------------------------------------------------------------- Site Characteristics - ----------------------------------------------------------------------------------------------------------------------- Existing Acres - ----------------------------------------------------------------------------------------------------------------------- Total Site 2200 - ----------------------------------------------------------------------------------------------------------------------- Amusement Park X - ----------------------------------------------------------------------------------------------------------------------- WaterPark X - ----------------------------------------------------------------------------------------------------------------------- Safari Park X - ----------------------------------------------------------------------------------------------------------------------- Campgrounds - ----------------------------------------------------------------------------------------------------------------------- Picnic Area - ----------------------------------------------------------------------------------------------------------------------- Marine Mammals - ----------------------------------------------------------------------------------------------------------------------- Underutilized (Acres)*** 1,565 - ----------------------------------------------------------------------------------------------------------------------- Access to Underutilized Portion - ----------------------------------------------------------------------------------------------------------------------- Utilities to Underutilized Portion - ----------------------------------------------------------------------------------------------------------------------- Adjacent Uses to Underutilized Portion - ----------------------------------------------------------------------------------------------------------------------- Comments - ----------------------------------------------------------------------------------------------------------------------- Zoning/Entitlements/Legal Characteristics - ----------------------------------------------------------------------------------------------------------------------- Ownership Six Flags America Theme Parks Inc. C/O Pts - ----------------------------------------------------------------------------------------------------------------------- Current Zoning RC - ----------------------------------------------------------------------------------------------------------------------- Surrounding Zoning Park & Natural Area, Rural/ Env. Sensitive Area - ----------------------------------------------------------------------------------------------------------------------- Local Zoning Authority TBD - ----------------------------------------------------------------------------------------------------------------------- Process Notes - ----------------------------------------------------------------------------------------------------------------------- Comments: Highly rural - ----------------------------------------------------------------------------------------------------------------------- Demographics 1 mile 5 miles 10 miles - ----------------------------------------------------------------------------------------------------------------------- Population Size 1,104 19,159 154,897 - ----------------------------------------------------------------------------------------------------------------------- Population Growth 1990-2000 81.58% 60.39% 23.96% - ----------------------------------------------------------------------------------------------------------------------- Average Household Income $92,754 $89,869 $78,331 - ----------------------------------------------------------------------------------------------------------------------- Median Household Income $85,033 $77,192 $66,793 - ----------------------------------------------------------------------------------------------------------------------- Per Capita Income $27,651 $28,991 $26,872 - ----------------------------------------------------------------------------------------------------------------------- Median Property Value $199,218 $211,419 $171,094 - ----------------------------------------------------------------------------------------------------------------------- Comments: Demographic data taken from Census 2000 - ----------------------------------------------------------------------------------------------------------------------- Tax Records - ----------------------------------------------------------------------------------------------------------------------- Assessed Land Value $4,218,400 - ----------------------------------------------------------------------------------------------------------------------- Assd Improvements $93,636,000 - ----------------------------------------------------------------------------------------------------------------------- Purchase Price TBD - ----------------------------------------------------------------------------------------------------------------------- Estimated Tax for Underutilized Land $2,361,341**** - ----------------------------------------------------------------------------------------------------------------------- Comments: Tax estimate is preliminary based on public records and must be verified - ----------------------------------------------------------------------------------------------------------------------- Market Comparable Analysis * High Medium Low - ----------------------------------------------------------------------------------------------------------------------- Estimated Current Sale Price / SF $1.25 /SF $0.75 /SF $0.50 /SF - ----------------------------------------------------------------------------------------------------------------------- Comments: Verify zoning, utility, open space rqmt., wetlands, traffic - ----------------------------------------------------------------------------------------------------------------------- Comments: Few comparables, verify quantity/ location of underutilized land, absorption timeframe - ----------------------------------------------------------------------------------------------------------------------- Estimated Value for Underutilized Land** 12 months Increase 36 Months - ----------------------------------------------------------------------------------------------------------------------- High $ 59,649,975 5% $ 62,632,474 - -----------------------------------------------------------------------------------------------------------------------
-23- - ----------------------------------------------------------------------------------------------------------------------- Medium $ 35,789,985 5% $ 37,579,484 - ----------------------------------------------------------------------------------------------------------------------- Low $ 23,859,990 5% $ 25,052,990 - ----------------------------------------------------------------------------------------------------------------------- Median $ 41,754,983 $ 43,842,732 - ----------------------------------------------------------------------------------------------------------------------- Comments: Assume 30% of underutilized land not available for development - -----------------------------------------------------------------------------------------------------------------------
* Market data show magnitude of price range of land within "X" mile radius per Co-Star Market Data 7/7/2005; No discussion with local owners; Additional research required to give more accurate pricing ** Value estimate in preliminary order of magnitude *** Assumes reported underutilized land square footage is 100% usable; No site tours or engineering studies have been undertaken **** Preliminary estimate [Context Map of "Scoreboard Great Adventure - Jackson NJ" omitted. Source: (c) 2005 Mapquest.com, Inc.] [Location Map of "Scoreboard Great Adventure - Jackson NJ" omitted. Source: (c) 2005 MapQuest.com, Inc.; (c) NAVTER] [Site Map of "Scoreboard Great Adventure - Jackson NJ" omitted. Source: Keyhole.com] [Current site image of "Scoreboard Great Adventure - Jackson NJ" omitted. Source: Unknown] 7/18/2005 The Staubach Company Attachment B - 071405 Scoreboard Site details Jackson, NJ -24-
STAUBACH A World of Real Estate Knowledge Scoreboard St. Louis Eureka, MO NAME: Scoreboard St. Louis City/County: Eureka St. Louis - --------------------------------------------------------------------------------------------------------------------- ADDRESS: 4900 Six Flags Rd STATE/ZIP: MO 63025 - --------------------------------------------------------------------------------------------------------------------- Site Characteristics - --------------------------------------------------------------------------------------------------------------------- Existing Acres - --------------------------------------------------------------------------------------------------------------------- Total Site 497 - --------------------------------------------------------------------------------------------------------------------- Amusement Park X - --------------------------------------------------------------------------------------------------------------------- WaterPark X - --------------------------------------------------------------------------------------------------------------------- Safari Park - --------------------------------------------------------------------------------------------------------------------- Campgrounds - --------------------------------------------------------------------------------------------------------------------- Picnic Area - --------------------------------------------------------------------------------------------------------------------- Marine Mammals - --------------------------------------------------------------------------------------------------------------------- Underutilized (Acres)*** 365 - --------------------------------------------------------------------------------------------------------------------- Access to Underutilized Portion - --------------------------------------------------------------------------------------------------------------------- Utilities to Underutilized Portion - --------------------------------------------------------------------------------------------------------------------- Adjacent Uses to Underutilized Portion - --------------------------------------------------------------------------------------------------------------------- Comments - --------------------------------------------------------------------------------------------------------------------- Zoning/Entitlements/Legal Characteristics - --------------------------------------------------------------------------------------------------------------------- Ownership Six Flags Theme Parks Inca De Corp - --------------------------------------------------------------------------------------------------------------------- Current Zoning 19% Res., 12% Agr., 32% Commercial - --------------------------------------------------------------------------------------------------------------------- Surrounding Zoning TBD - --------------------------------------------------------------------------------------------------------------------- Local Zoning Authority TBD - --------------------------------------------------------------------------------------------------------------------- Process Notes - --------------------------------------------------------------------------------------------------------------------- Comments - --------------------------------------------------------------------------------------------------------------------- Demographics 1 mile 5 miles 10 miles - --------------------------------------------------------------------------------------------------------------------- Population Size 2,268 20,829 225,331 - --------------------------------------------------------------------------------------------------------------------- Population Growth 1990-2000 9.58% 45.24% 27.78% - --------------------------------------------------------------------------------------------------------------------- Average Household Income $81,801 $78,941 $77,913 - --------------------------------------------------------------------------------------------------------------------- Median Household Income $72,069 $68,267 $63,797 - --------------------------------------------------------------------------------------------------------------------- Per Capita Income $26,990 $26,688 $28,195 - --------------------------------------------------------------------------------------------------------------------- Median Property Value $120,833 $157,625 $153,126 - --------------------------------------------------------------------------------------------------------------------- Comments: Demographic data taken from Census 2000 - --------------------------------------------------------------------------------------------------------------------- Tax Records - --------------------------------------------------------------------------------------------------------------------- Assessed Land Value $2,236,680 - --------------------------------------------------------------------------------------------------------------------- Assd Improvements $2,693,790 - --------------------------------------------------------------------------------------------------------------------- Purchase Price TBD - --------------------------------------------------------------------------------------------------------------------- Estimated Tax for Underutilized Land $67,573**** - --------------------------------------------------------------------------------------------------------------------- Comments: Tax estimate is preliminary based on public records and must be verified - --------------------------------------------------------------------------------------------------------------------- Market Comparable Analysis * High Medium Low - --------------------------------------------------------------------------------------------------------------------- Estimated Current Sale Price / SF $3.00 /SF $2.00 /SF $1.00 /SF - --------------------------------------------------------------------------------------------------------------------- Comments: Verify zoning, topography, zoning, utilities - --------------------------------------------------------------------------------------------------------------------- Comments: Well located site near highway, but not many comparables - ---------------------------------------------------------------------------------------------------------------------
-25- - --------------------------------------------------------------------------------------------------------------------- Estimated Value for Underutilized Land** 12 months Increase 36 Months - --------------------------------------------------------------------------------------------------------------------- High $ 33,388,740 5% $ 35,058,177 - --------------------------------------------------------------------------------------------------------------------- Medium $ 22,259,160 5% $ 23,372,118 - --------------------------------------------------------------------------------------------------------------------- Low $ 11,129,580 5% $ 11,686,059 - --------------------------------------------------------------------------------------------------------------------- Median $ 22,259,160 $ 23,372,118 - --------------------------------------------------------------------------------------------------------------------- Comments: - ---------------------------------------------------------------------------------------------------------------------
* Market data show magnitude of price range of land within "X" mile radius per Co-Star Market Data 7/7/2005; No discussion with local owners; Additional research required to give more accurate pricing ** Value estimate in preliminary order of magnitude *** Assumes reported underutilized land square footage is 100% usable; No site tours or engineering studies have been undertaken **** Preliminary estimate [Context Map of "Scoreboard St. Louis - Eureka, MO" omitted. Source: (c) 2005 MapQuest.com, Inc.; (c) 2005 Tele Atlas] [Location Map of "Scoreboard St. Louis - Eureka, MO" omitted. Source: (c) 2005 MapQuest.com, Inc.; (c) 2005 NAVTER] [Site Map of "Scoreboard St. Louis - Eureka, MO" omitted. Source: Keyhole.com] [Current site image of "Scoreboard St. Louis - Eureka, MO" omitted. Source: Unknown] 7/18/2005 The Staubach Company Attachment B - 071405 Scoreboard details Eureka, MO -26-
STAUBACH A World of Real Estate Research Scoreboard Great America - Gurnee, IL NAME: Scoreboard Great America City/County: Gurnee Lake - ------------------------------------------------------------------------------------------------------------- ADDRESS: One Great America Parkway STATE/ZIP: IL 60031 - ------------------------------------------------------------------------------------------------------------- Site Characteristics - ------------------------------------------------------------------------------------------------------------- Existing Acres - ------------------------------------------------------------------------------------------------------------- Total Site 440 - ------------------------------------------------------------------------------------------------------------- Amusement Park X - ------------------------------------------------------------------------------------------------------------- WaterPark X - ------------------------------------------------------------------------------------------------------------- Safari Park - ------------------------------------------------------------------------------------------------------------- Campgrounds - ------------------------------------------------------------------------------------------------------------- Picnic Area - ------------------------------------------------------------------------------------------------------------- Marine Mammals - ------------------------------------------------------------------------------------------------------------- Underutilized (Acres)*** 348 - ------------------------------------------------------------------------------------------------------------- Access to Underutilized Portion - ------------------------------------------------------------------------------------------------------------- Utilities to Underutilized Portion - ------------------------------------------------------------------------------------------------------------- Adjacent Uses to Underutilized Portion - ------------------------------------------------------------------------------------------------------------- Comments - ------------------------------------------------------------------------------------------------------------- Zoning/Entitlements/Legal Characteristics - ------------------------------------------------------------------------------------------------------------ Ownership Six Flags Great America - ------------------------------------------------------------------------------------------------------------- Current Zoning C/S1 - ------------------------------------------------------------------------------------------------------------- Surrounding Zoning C/B2 and R2 - ------------------------------------------------------------------------------------------------------------- Local Zoning Authority Lake County, Illinois - ------------------------------------------------------------------------------------------------------------- Process Notes - ------------------------------------------------------------------------------------------------------------- Comments: Portion of the site may have been sold or under contract - ------------------------------------------------------------------------------------------------------------- Demographics 1 mile 5 miles 10 miles - ------------------------------------------------------------------------------------------------------------- Population Size 3,709 126,385 409,379 - ------------------------------------------------------------------------------------------------------------- Population Growth 1990-2000 38.91% 50.86% 30.13% - ------------------------------------------------------------------------------------------------------------- Average Household Income $72,675 $72,458 $74,865 - ------------------------------------------------------------------------------------------------------------- Median Household Income $64,167 $59,153 $59,631 - ------------------------------------------------------------------------------------------------------------- Per Capita Income $30,133 $25,625 $25,208 - ------------------------------------------------------------------------------------------------------------- Median Property Value $180,967 $161,256 $159,395 - ------------------------------------------------------------------------------------------------------------- Comments: Demographic data taken from Census 2000 - ------------------------------------------------------------------------------------------------------------- Tax Records - ------------------------------------------------------------------------------------------------------------- Assessed Land Value $13,607,312 - ------------------------------------------------------------------------------------------------------------- Assd Improvements $13,537,490 - ------------------------------------------------------------------------------------------------------------- Purchase Price TBD - ------------------------------------------------------------------------------------------------------------- Estimated Annual Tax for Underutilized Land $1,530,180**** - ------------------------------------------------------------------------------------------------------------- Comments: Tax estimate is preliminary based on public records and must be verified - ------------------------------------------------------------------------------------------------------------- Market Comparable Analysis * High Medium Low - ------------------------------------------------------------------------------------------------------------- Estimated Current Sale Price / SF $6.00 /SF $3.50 /SF $2.50 /SF - ------------------------------------------------------------------------------------------------------------- Comments: Verify, topography, zoning, utilities - ------------------------------------------------------------------------------------------------------------- Estimated Value for Underutilized Land** 12 months Increase 36 Months - ------------------------------------------------------------------------------------------------------------- High $ 63,667,296 5% $ 66,850,661 - ------------------------------------------------------------------------------------------------------------- Medium $ 37,139,256 5% $ 38,996,219 - ------------------------------------------------------------------------------------------------------------- Low $ 26,528,040 5% $ 27,854,442 - ------------------------------------------------------------------------------------------------------------- Median $ 45,097,668 $ 47,352,551 - -------------------------------------------------------------------------------------------------------------
-27- - -------------------------------------------------------------------------------- Comments: Assume 30% of underutilized land not available for development - -------------------------------------------------------------------------------- * Market data show magnitude of price range of land within "X" mile radius per Co-Star Market Data 7/7/2005; No discussion with local owners; Additional research required to give more accurate pricing ** Value estimate in preliminary order of magnitude *** Assumes reported underutilized land square footage is 100% usable; No site tours or engineering studies have been undertaken **** Preliminary estimate [Context Map of "Scoreboard Great America - Gurnee, IL" omitted. Source: (c) 2005 MapQuest.com, Inc., (c) 2005 Tele Atlas] [Location Map of "Scoreboard Great America - Gurnee, IL" omitted. Source: (c) 2005 MapQuest.com, Inc.; (c) 2005 NAVTER] [Site Map of "Scoreboard Great America - Gurnee, IL" omitted. Source: Keyhole.com] [Current site image of "Scoreboard Great America - Gurnee, IL" omitted. Source: Unknown] 7/18/2005 The Staubach Company Attachment B - 071405 Scoreboard Site details Gurnee, IL -28- Scoreboard Frontier City - Oklahoma City, OK STAUBACH A World of Real Estate Knowledge
NAME: Scoreboard Frontier City City/County: Oklahoma City, Oklahoma - ----------------------------------------------------------------------------------------------------------------- ADDRESS: 11501 N.E. Expressway STATE/ZIP: 73131 - ----------------------------------------------------------------------------------------------------------------- Site Characteristics - ----------------------------------------------------------------------------------------------------------------- Existing Acres - ----------------------------------------------------------------------------------------------------------------- Total Site 109 - ----------------------------------------------------------------------------------------------------------------- Amusement Park X - ----------------------------------------------------------------------------------------------------------------- WaterPark X - ----------------------------------------------------------------------------------------------------------------- Safari Park - ----------------------------------------------------------------------------------------------------------------- Campgrounds - ----------------------------------------------------------------------------------------------------------------- Picnic Area - ----------------------------------------------------------------------------------------------------------------- Marine Mammals - ----------------------------------------------------------------------------------------------------------------- Underutilized (Acres)*** 54 - ----------------------------------------------------------------------------------------------------------------- Access to Underutilized Portion - ----------------------------------------------------------------------------------------------------------------- Utilities to Underutilized Portion - ----------------------------------------------------------------------------------------------------------------- Adjacent Uses to Underutilized Portion - ----------------------------------------------------------------------------------------------------------------- Comments - ----------------------------------------------------------------------------------------------------------------- Zoning/Entitlements/Legal Characteristics - ----------------------------------------------------------------------------------------------------------------- Ownership Frontier City Partners - ----------------------------------------------------------------------------------------------------------------- Current Zoning C3 - ----------------------------------------------------------------------------------------------------------------- Surrounding Zoning PUD & C4 - ----------------------------------------------------------------------------------------------------------------- Local Zoning Authority TBD - ----------------------------------------------------------------------------------------------------------------- Process Notes - ----------------------------------------------------------------------------------------------------------------- Comments - ----------------------------------------------------------------------------------------------------------------- Demographics 1 mile 5 miles 10 miles - ----------------------------------------------------------------------------------------------------------------- Population Size 511 48,546 337,781 - ----------------------------------------------------------------------------------------------------------------- Population Growth 1990-2000 35.43% 27.51% 13.44% - ----------------------------------------------------------------------------------------------------------------- Average Household Income $96,774 $63,285 $51,706 - ----------------------------------------------------------------------------------------------------------------- Median Household Income $63,176 $47,272 $36,987 - ----------------------------------------------------------------------------------------------------------------- Per Capita Income $31,944 $23,985 $21,830 - ----------------------------------------------------------------------------------------------------------------- Median Property Value $167,500 $100,238 $82,887 - ----------------------------------------------------------------------------------------------------------------- Comments: Demographic data taken from Census 2000 - ----------------------------------------------------------------------------------------------------------------- Tax Records - ----------------------------------------------------------------------------------------------------------------- Assessed Land Value $713,292 - ----------------------------------------------------------------------------------------------------------------- Assd Improvements $4,732,737 - ----------------------------------------------------------------------------------------------------------------- Purchase Price TBD - ----------------------------------------------------------------------------------------------------------------- Estimated Tax for Underutilized Land $251,856**** - ----------------------------------------------------------------------------------------------------------------- Comments: Tax estimate is preliminary based on public records and must be verified - ----------------------------------------------------------------------------------------------------------------- Market Comparable Analysis * High Medium Low - ----------------------------------------------------------------------------------------------------------------- Recent Property Sales / Land SF $1.00 /SF $0.50 /SF $0.25 /SF - ----------------------------------------------------------------------------------------------------------------- Comments: Verify Riperian Rights, topography, zoning, utilities - ----------------------------------------------------------------------------------------------------------------- - -----------------------------------------------------------------------------------------------------------------
-29-
- ----------------------------------------------------------------------------------------------------------------- Estimated Value for Underutilized Land** 12 months Increase 36 Months - ----------------------------------------------------------------------------------------------------------------- High $ 2,352,240 5% $ 2,469,852 - ----------------------------------------------------------------------------------------------------------------- Medium $ 1,176,120 5% $ 1,234,926 - ----------------------------------------------------------------------------------------------------------------- Low $ 588,060 5% $ 617,463 - ----------------------------------------------------------------------------------------------------------------- Median $ 1,470,150 $ 1,543,658 - ----------------------------------------------------------------------------------------------------------------- Comments - -----------------------------------------------------------------------------------------------------------------
* Market data show magnitude of price range of land within "X" mile radius per Co-Star Market Data 7/7/2005; No discussion with local owners; Additional research required to give more accurate pricing ** Value estimate in preliminary order of magnitude *** Assumes reported underutilized land square footage is 100% usable; no site tours or engineering studies have been undertaken **** Preliminary estimate [Context Map of "Scoreboard Frontier City - Oklahoma City, OK" omitted. Source: Mapquest] [Location Map of "Scoreboard Frontier City - Oklahoma City, OK" omitted. Source: Mapquest] [Site Map of "Scoreboard Frontier City - Oklahoma City, OK" omitted. Source: Keyhole.com] [Current site image of "Scoreboard Frontier City - Oklahoma City, OK" omitted. Source: Unknown] 7/18/2005 The Staubach Company Attatement B - 071405 Scoreboard Site details Oklahoma City, OK -30- Scoreboard, Inc. - Scoreboard Theme Park Details
STAUBACH A World of Real Estate Knowledge Theme Park Type Address Market(s) Park Rank DMA Ranking - ------------------------------ ------------ ---------------------------- -------------------- --------- ----------- High Value Underutilized Sites Scoreboard America Theme/ 13710 Central Avenue Baltimore/ Water Largo, MD 20774 Washington D.C. 42 23/8 Scoreboard Magic Mountain Theme 26101 Magic Mountain Parkway Los Angeles 19 2 Valencia, CA 91355 Scoreboard Hurricane Harbor Water 26101 Magic Mountain Parkway Los Angeles nm 2 Valencia, CA 91355 Scoreboard Great Adventure & Theme One Six Flags Boulevard NY City/ 18 1/4 Jackson, NJ 08527 Philadelphia Scoreboard Wild Safari Wildlife One Six Flags Boulevard NY City/ nm 1/4 Jackson, NJ 08527 Philadelphia Scoreboard Hurricane Harbor Water One Six Flags Boulevard NY City/ 12 1/4 Jackson, NJ 08527 Philadelphia Scoreboard Great America Theme One Great America Parkway Chicago/ 23 3/33 Gurnee, IL 60031 Milwaukee Scoreboard Over Georgia Theme 7561 Six Flags Parkway Atlanta 28 9 Austell, GA 30168 Scoreboard White Water Atlanta Water 250 Cobb Parkway North Atlanta 11 9 Marietta, GA 30062 Scoreboard St. Louis Theme Allenton Six Flags Road St. Louis 39 21 Eureka, MO 63025 Frontier City Theme 11501 N.E. Expressway Oklahoma City/ Tulsa nm 45/60 Oklahoma City, OK 73131 Scoreboard AstroWorld & Theme 21300 IH 45 N. Houston 36 11 Splashtown Spring, TX 77373 Scoreboard Darien Lake & Theme/Water 9993 Allegheny Road Buffalo/Rochester/ 41 44/75/79 Camping Resort Darien Center, NY 14040 Syracuse Scoreboard Elitch Gardens Theme/Water 299 Walnut St. Denver 44 18 Denver, CO 80204 Scoreboard Fiesta Texas Theme 17000 IH-10 West San Antonio 36 37 San Antonio, TX 78257 Scoreboard Kentucky Kingdom Theme/Water 937 Phillips Lane Louisville/ nm 50/65 Louisville, KY 40209 Lexington Scoreboard Marine World Theme 2001 Marine World Parkway San Francisco/ 35 5/19 Vallejo, CA 94589 Sacramento Scoreboard Mexico Theme Carretera Picacho al Ajusco Mexico City nm nm #1500 Col. Heroes de Padierna Mexico, D.F. C.P. Scoreboard New England Theme 1623 Main St. Springfield/ 34 106/48/27/6 Agawam, MA 01001 Providence/ Hartford/ Boston Scoreboard New Orleans Theme 12301 Lake Forest Boulevard New Orleans nm 42 New Orleans, LA 70129 Enchanted Village and Wild Water 36201 Enchanted Parkway South Seattle-Tacoma nm 12 Waves Federal Way, WA 98003 La Ronde Theme 22, Chemin MacDonald City of Montreal 48 nm Ile Sainte- Helen Montreal (Quebec) Canada H3C A69 The Great Escape Theme/Water Rte 9. Lake George/Albany, NY nm 55 Lake George, NY 12845 Waterworld USA/Concord Water 1950 Waterworld Parkway San Francisco nm 5 Concord, CA 94520 Waterworld USA/Sacramento Water 1600 Exposition Boulevard Sacramento nm 19 Sacramento, CA 95815 White Water Bay Water 3908 W. Reno Oklahoma City nm 45 Oklahoma City, OK 73107 Wyandot Lake Water 10101 Riverside Drive Columbus, Ohio nm 34 Powell, OH 43065 Warner Bros. Movie World Madrid Theme Carretera M-301Km 15,500 Madrid nm nm Camino Gozquez de Arriba E-28330 San Martin de la Vega, Madrid (Spain) Scoreboard Over Texas Theme 2201 Road to Six Flags Dallas/Fort Worth 22 7 Arlington, TX 76010 Scoreboard Hurricane Harbor Water 2201 Road to Six Flags Dallas/Fort Worth 8 7 Arlington, TX 76010 Permanent Resident Population ------------------------ 2003 People People Attendance Acres in Total Unused Acres Owned within within Theme Park (000s)(1) Use(2) Acres Acres or Leased 50 miles 100 miles - ------------------------------ ---------- -------- ------ ------ ----------- -------- --------- High Value Underutilized Sites Scoreboard America 1,425 131 515 384 own 7.3 12.2 Scoreboard Magic Mountain 3,050 160 260 88 own 10.4 17.1 Scoreboard Hurricane Harbor 350 12 12 - own 10.4 17.1 Scoreboard Great Adventure & 3,150 240 2,200 1,565 own 14.2 27.8 Scoreboard Wild Safari 1,000 350 3 - own 14.2 27.8 Scoreboard Hurricane Harbor 460 45 3 - own 14.2 27.8 Scoreboard Great America 2,575 92 306 214 own 8.7 13.4 Scoreboard Over Georgia 2,100 196 283 87 own 4.7 7.4 Scoreboard White Water Atlanta 500 57 69 12 own 4.7 7.4 Scoreboard St. Louis 1,675 132 497 365 own 2.7 3.9 Frontier City 470 55 109 54 own 1.3 2.5 Scoreboard AstroWorld & 2,100 160 160 - own 4.9 5.9 Splashtown Scoreboard Darien Lake & 1,460 386 980 594 lease 2.2 3.1 Camping Resort Scoreboard Elitch Gardens 1,350 67 67 - lease 2.9 3.9 Scoreboard Fiesta Texas 1,700 206 206 - lease 1.9 3.5 Scoreboard Kentucky Kingdom 1,000 58 58 - lease/own 1.5 4.8 Scoreboard Marine World 1,725 138 138 - lease 5.8 10.6 Scoreboard Mexico 2,450 107 107 - lease 30 Scoreboard New England 1,750 127 230 139 lease 3.2 15.5 Scoreboard New Orleans 1,000 140 206 66 lease 1.6 3.1 Enchanted Village and Wild 825 65 65 - lease 3.5 4.5 Waves La Ronde 1,275 146 146 - lease 4.3 5.8 The Great Escape 750 132 357 32 lease 1.1 3.2 Waterworld USA/Concord 305 21 21 - lease 7.6 11.1 Waterworld USA/Sacramento 320 14 14 - lease 3.1 10.7 White Water Bay 275 22 22 - lease 1.2 2.2 Wyandot Lake 370 22 22 - lease 2.2 6.7 Warner Bros. Movie World Madrid 1,500 nm 150 nm lease 4.0 6.7 Scoreboard Over Texas 2,600 200 200 - own 5.5 6.6 Scoreboard Hurricane Harbor 560 45 47 2 own 2.7 3.9
Source: Company Reports, Amusement Business, and IRG -1- Notes: 2003 attendance represent estimates by Amusement Business Includes acreage currently dedicated to park usage. Additional acreage suitable for development exists at many of the facilities Unused acreage information for Scoreboard Great Adventure also includes data for adjacent Scoreboard Wild Safari Animal Park and Scoreboard Hurricane Harbor DMA-Designated Market Area: measures the number of persons in television households within a given geographic area on a comparative basis NM-Not measurable -2- PRIVILEGED AND HIGHLY CONFIDENTIAL Subject to terms of Confidentiality Agreement between the Recipient and Red Zone LLC. The information contained herein is proprietary to Red Zone LLC and is not to be used by or distributed to any other person or entity without the prior written consent of Red Zone LLC. Red Zone LLC makes no representation or warranty as to the reasonableness of the estimates or valuations contained herein and assumes no responsibility. Therefore, there is no guarantee that any of these estimates or projections will be achieved. This information is provided for informational purposes only and no plan, arrangement, understanding, agreement or contract shall be deemed to exist between Recipient and Red Zone LLC as a result of Recipient's receipt of this information. -1- STAUBACH - -------- A World of Real Estate Knowledge Confidential Memorandum DATE: JULY 18, 2005 TO: DAVE PAUKEN JAY SLOAN FROM: GREG O'BRIEN KURT HAGLUND DAVID LAMORE RE: SCOREBOARD'S REAL ESTATE ASSETS - ------------------------------------------------------------------------ Purpose: The Staubach Company ("Staubach") was asked by a prospective client ("Client") to confidentially research the value of the underutilized real estate assets for a company code named "Scoreboard". The purpose of this analysis is to evaluate if Scoreboard's real estate assets can be sold to help generate cash for Scoreboard and its potential investors. Methodology: Staubach utilized basic site information provided by Client as a basis for determining which of Scoreboard's sites presented the best opportunity to generate cash. The data that was most useful was ownership status of each location, the size of the underutilized acreage associated with each site, and the overall real estate market valuations associated with the region of each site to determine the initial list of high value sites (attachment A). Staubach accessed Scoreboard's web site to help determine site addresses, and publicly available aerial photos and "MapQuest" to locate the high value sites. The CoStar commercial real estate database, which provides a listing of land sites currently for sale across the United States, was used to help determine the approximate value of land for each site. Depending upon the market and the number of sites currently available through CoStar, Staubach used a radius of 5 to 15 miles from the target site to come up with comparable site values. Census data from public web sites and the Claritas economic database were used to help determine the economic stability of the area surrounding each site on a 1 mile, 5 mile and 10 mile radius. If publicly available, Staubach accessed tax records for each site. In one site, Valencia California, local Staubach personnel were able to on the tight time frame provide a more in-depth market analysis for the site than for other sites. The information that has been gathered on each site is shown in Attachment B. Potential Value Estimates: The chart below shows the potential value for the underutilized land for each of the high value sites. -1- The value ranges show median estimates based on immediate sale as currently zoned (12 month values), and a sale after the value add of an entitlements process (36 months values). Detailed analysis of the local entitlements process will be completed in the next phase. - ------------------------------------------------------------------------------ Underutilized 12 month 36 Month Site Acres Median Value Median Value - ------------------------------------------------------------------------------ Valencia, CA 88 $47.0 M $61.0 M - ------------------------------------------------------------------------------ Largo, MD 384 $104.5 M $118.8 M - ------------------------------------------------------------------------------ Jackson, NJ 1,565 $41.8 M $43.8 M - ------------------------------------------------------------------------------ Eureka, MO 365 $22.3 M $23.4 M - ------------------------------------------------------------------------------ Gurnee, IL 348 $45.1 M $47.4 M - ------------------------------------------------------------------------------ Oklahoma City, OK 54 $1.5 M $1.5 M - ------------------------------------------------------------------------------ Reliability of Information: Although the information obtained in this analysis is obtained from public and generally reliable sources, the much of the information was not verified by local market discussions or detailed analysis, given the discreet nature of this study. The values presented in this study are intended to help support an overall magnitude of potential market value for the underutilized land associated with Scorecard's real estate holdings. In order to maintain a high level of confidentiality regarding this assignment, wherever possible Staubach utilized publicly held market data to arrive at its conclusions. For evaluation purposes, Staubach believes that this information provides an indication of the value of each of the sites, however a more detailed analysis of each site, along with appropriate engineering, zoning, legal, and market analysis will need to be undertaken to ensure that the estimates are reasonable. -3- [Map of 15th St, Edmond, OK 73013, Vacant Land omitted. Source: (c) 2005 MapQuest.com, Inc.; (c) 2005 GDT, Inc.] This copyrighted report contains research licensed to the Staubach Company - 70575 This copyrighted report contains research licensed to The Staubach Company - 70575. -1- 1. 15th St - Vacant land Edmond, OK 73013 Land of 17.70 AC is for sale at $650,000 ($36,723.16/AC) Investment Information Sale Price: $650,000 Price/AC: $36,723.16 Sale Status: Active Sale Conditions: - Days on Market: 337 Land Information Zoning: PUD235A Proposed Use: MultiFamily Density: - Parcel Size: 17.70 AC Lot Dimensions: - Number of Lots: - On-Site Improv: - Improvements: - Name: Vacant Land Topography: Level Off-Site Improv: Sewer, Water [Map of "15th St, Vacant Land" omitted. Source: (c) 2005 MapQuest.com, Inc., (c) 2005 NAVTER] [Graphic omitted.] This copyrighted report contains research licensed to The Staubach Company - 70575. 7/7/2005 -5- 2. 7500 NE 23rd St Midwest City, OK 73141 Land of 164 AC is for sale at $380,000 ($2,317.07/AC) Investment Information Sale Price: $380,000 Price/AC: $2,317.07 Sale Status: Active Sale Conditions: - Days on Market: 240 Investment Notes 164 Acres or agricultural land is for sale. Sale price is $380,000. Land Information Zoning: AA Proposed Use: - Density: - Parcel Size: 164 AC Lot Dimensions: - Number of Lots: - On-Site Improv: - Improvements: - Topography: Level [Map of "7500 NE 23rd St." omitted. Source: Mapquest] [Graphic omitted.] This copyrighted report contains research licensed to The Staubach Company - 70575. 7/7/2005 -6- 3. 5709 NE 138th St - Vacant Land Edmond, OK 73013 Land of 8.05 AC is for sale at $700,000 ($86,956.52/AC) Investment Information Sale Price: $700,000 Price/AC: $86,956.52 Sale Status: Active Sale Conditions: - Days on Market: 286 Investment Notes 8.05 acres of land for sale for $700,000. Land Information Zoning: - Proposed Use: MultiFamily Density: - Parcel Size: 8.05 AC Lot Dimensions: - Number of Lots: - On-Site Improv: - Improvements: - Name: Vacant Land Topography: Level [Map of "5709 NE 138th St - Vacant Land" omitted. Source: (c) 2005 MapQuest.com, Inc.; (c) 2005 NAVTER] [Graphic omitted.] This copyrighted report contains research licensed to The Staubach Company - 70575. 7/7/2005 -7- 4. Coltrane Pl @ Covell - Vacant Land Edmond, OK 73034 Land of 7.50 AC is for sale at $800,000 ($106,666.67/AC) Investment Information Sale Price: $800,000 Price/AC: $106,666.67 Sale Status: Active Sale Conditions: - Days on Market: 415 Investment Notes 7.5 acres for sale for $650,000. Land Information Zoning: - Proposed Use: Commercial Density: - Parcel Size: 7.50 AC Lot Dimensions: - Number of Lots: - On-Site Improv: - Improvements: - Name: Vacant Land Topography: Level [Map of "Coltrane PL @ Covell - Vacant Land" omitted. Source: (c) 2005 MapQuest.com, Inc., (c) 2005 NAVTER] [Graphic omitted.] This copyrighted report contains research licensed to The Staubach Company - 70575. 7/7/2005 -8- 5. I-35 @ NW 27th St Moore, OK 73160 Land of 4 AC is for sale at $1,499,000 ($374,750/AC) Investment Information Sale Price: $1,499,000 Price/AC: $374,750 Sale Status: Active Sale Conditions: - Days on Market: 240 Investment Notes 4 acres of land for sale. Sale price is $1,499,000. Land is zoned both C-3 and R-1. Land Information Zoning: C-3 & R-1 Proposed Use: Commercial Density: - Parcel Size: 4 AC Lot Dimensions: 237x389 Number of Lots: - On-Site Improv: - Improvements: - Topography: Level [Map of "I-35 @ NW 27th St" omitted. Source: (c) 2005 MapQuest.com, Inc.; (c) 2005 NAVTER] [Graphic omitted.] This copyrighted report contains research licensed to The Staubach Company - 70575. 7/7/2005 -9- [Map of 9100 Basil Ct, Largo, MD 20774, Vacant Land omitted. Source: (c) 2005 MapQuest.com, Inc.; (c) 2005 NAVTER] This copyrighted report contains research licensed to the Staubach Company - 70575 -1- 1. 9100 Basil Ct - Inglewood Business Comm, Vacant Land Largo, MD 20774 - Landover/Largo/Captl Hts Submarket Land of 8.08 AC is for sale at $1,520,000 ($188,142.10/AC) Investment Information Sale Price: $1,520,000 Price/AC: $188,142.10 Sale Status: Active Sale Conditions: - Days on Market: 86 Investment Notes 3 acres of vacant land available for $8.50/sf. Land Information Zoning: I-3 Proposed Use: - Density: - Parcel Size: 8.08 AC Lot Dimensions: - Number of Lots: - On-Site Improv: - Improvements: - Name: Vacant Land Parcel Number: 13-2954261 Topography: Level [Map of "9100 Basil Ct. - Inglewood Business Comm., Vacant Land" omitted. Source: Mapquest] [Graphic omitted.] This copyrighted report contains research licensed to The Staubach Company - 70575. 7/7/2005 -11- 2. Bell Station Rd - Vacant Land Glenn Dale, MD 20769 - Bowie Submarket Land of 9 AC is for sale Investment Information Sale Price: For Sale Price/AC: - Sale Status: Active Sale Conditions: - Days on Market: 133 Land Information Zoning: C-M Proposed Use: Retail Density: - Parcel Size: 9 AC Lot Dimensions: - Number of Lots: - On-Site Improv: - Improvements: - Name: Vacant Land Topography: Level [Map of "Bell Station Rd - Vacant Land" omitted. Source: Mapquest] [Graphic omitted.] This copyrighted report contains research licensed to The Staubach Company - 70575. 7/7/2005 -12- 3. 5610 Bell Station Rd Glenn Dale, MD 20769 - Bowie Submarket Land of 9.50 AC is for sale Investment Information Sale Price: For Sale Price/AC: - Sale Status: Active Sale Conditions: - Days on Market: 59 Investment Notes Build-to-suit and pad site opportunities Land Information Zoning: C-M Proposed Use: - Density: - Parcel Size: 9.50 AC Lot Dimensions: - Number of Lots: - On-Site Improv: - Improvements: - Off-Site Improv: Curb/Gutter/Sidewalk, Electricity, Gas, Sewer, Streets, Water Topography: 25,965 cars per day on Annapolis Rd (Rt 450) 19,812 cars per day on Glenn Dale Blvd (Rt 193) [Map of "5610 Bell Station Rd" omitted. Source: Mapquest] [Graphic omitted.] This copyrighted report contains research licensed to The Staubach Company - 70575. 7/7/2005 -13- 4. Brightseat Rd @ Spectrum Dr Landover, MD 20785 - Landover/Largo/Captl Hts Submarket Land of 12.30 AC is for sale at $5,357,880 ($435,600/AC) Investment Information Sale Price: $5,357,880 Price/AC: $435,600 Sale Status: Active Sale Conditions: - Days on Market: 1,681 Investment Notes For sale at $10/sf Land Information Zoning: I-3 Proposed Use: Commercial Density: - Parcel Size: 12.30 AC Lot Dimensions: - Number of Lots: - On-Site Improv: - Improvements: - Topography: Level Land Condition: Freeway Visibility, Utilities Exist Structure: Raw Land [Map of "Brightseat Rd @ Spectrum Dr." omitted. Source: Mapquest] [Graphic omitted.] This copyrighted report contains research licensed to The Staubach Company - 70575. 7/7/2005 -14- 5. Fernham Ln @ Parston Dr - Forestville Center, Vacant Land Forestville, MD 20747 - Pennsylvania Ave Corridor Submarket Land of 8.96 AC is for sale at $1,565,000 ($174,762.70/AC) Investment Information Sale Price: $1,565,000 Price/AC: $174,762.70 Sale Status: Active Sale Conditions: - Days on Market: 855 Investment Notes Vacant Land For Sale at $1,565,000. -7917-8115 Fernham Ln (8115 Cryden Way): $595,000 150,435 SF (3.453 acres) Lots 3-9 Forestville Comm Center - East of Fernham Lane: $420,000 (May not be sold independently) 105,328 SF (2.418 acres) pt/Parcel 73, Grid A-4, Tax Map 82 -South of Parston Drive: $550,000 159,496 SF (3.084 acres) pt/Parcel 15, Grid A-4, Tax Map 82 Land Information Zoning: I-1 Proposed Use: - Density: - Parcel Size: 8.96 AC Lot Dimensions: - Number of Lots: - On-Site Improv: - Improvements: - Name: Vacant Land Topography: Level [Map of "Fernham Ln. @ Partson Dr. - Forestville Center, Vacant Land" omitted. Source: Mapquest] [Graphic omitted.] This copyrighted report contains research licensed to The Staubach Company - 70575. 7/7/2005 -15- 6. Fernham Ln @ Parston Dr - Forestville Center, Vacant Land Forestville, MD 20747 - Pennsylvania Ave Corridor Submarket Land of 33.59 AC is for sale at $3,340,000 ($99,431.69/AC) Investment Information Sale Price: $3,340,000 Price/AC: $99,431.69 Sale Status: Active Sale Conditions: - Days on Market: 855 Investment Notes Located near the Intersection of Route 4 and the Capital Beltway. Zoned I-1: Light Industrial. Offered for Sale at $3,340,000 (Individual Parcels May be sold separately) Land Information Zoning: I-1 Proposed Use: Industrial Density: - Parcel Size: 33.59 AC Lot Dimensions: - Number of Lots: - On-Site Improv: - Improvements: - Name: Vacant Land Topography: Level [Map of "Fernham Ln. @ Partson Dr. - Forestville Center, Vacant Land" omitted. Source: Mapquest] [Graphic omitted.] This copyrighted report contains research licensed to The Staubach Company - 70575. 7/7/2005 -16- 7. Harry S Truman Dr @ Largo Dr W - The Woodlands Largo, MD 20774 - Landover/Largo/Captl Hts Submarket Land of 18.10 AC is for sale Investment Information Sale Price: For Sale Price/AC: - Sale Status: Active Sale Conditions: - Days on Market: 938 Investment Notes Graded, with utilities and storm water management on site. Land Information Zoning: CO Proposed Use: Office Density: - Parcel Size: 18.10 AC Lot Dimensions: - Number of Lots: 6 On-Site Improv: - Improvements: - Topography: Level [Map of "Harry S. Truman Dr. @ Largo Dr. W. - The Woodlands" omitted. Source: Mapquest] [Graphic omitted.] This copyrighted report contains research licensed to The Staubach Company - 70575. 7/7/2005 -17- 8. Kaverton Rd @ Cryden Way - Vacant Land Forestville, MD 20747 - Pennsylvania Ave Corridor Submarket Land of 9.18 AC is for sale at $400,000 ($43,572.98/AC) Investment Information Sale Price: $400,000 Price/AC: $43,572.98 Sale Status: Active Sale Conditions: - Days on Market: 902 Investment Notes 9.18 Acres for sale at $400,000. Land Information Zoning: I-1 Proposed Use: Industrial Density: - Parcel Size: 9.18 AC Lot Dimensions: - Number of Lots: - On-Site Improv: - Improvements: - Name: Vacant Land Topography: Level [Map of "Kaverton Rd @ Cryden Way - Vacant Land" omitted. Source: Mapquest] [Graphic omitted.] This copyrighted report contains research licensed to The Staubach Company - 70575. 7/7/2005 -18- 9. Landover Rd @ Barlowe Rd Hyattsville, MD 20785 - Landover/Largo/Captl Hts Submarket Land of 9 AC is for sale at $1,200,000 ($133,333.33/AC) Investment Information Sale Price: $1,200,000 Price/AC: $133,333.33 Sale Status: Active Sale Conditions: - Days on Market: 765 Investment Notes 9 Acres, zoned CSC available for sale. Excellent gasoline/strip center site. Land Information Zoning: CSC Proposed Use: Retail Density: - Parcel Size: 9 AC Lot Dimensions: - Number of Lots: - On-Site Improv: - Improvements: - Parcel Number: 13-1542463 Topography: Level [Map of "Landover Rd @ Barlowe Rd." omitted. Source: Mapquest] [Graphic omitted.] This copyrighted report contains research licensed to The Staubach Company - 70575. 7/7/2005 -19- 10. Lottsford Rd @ Landover Rd - Inglewood Business Comm, Vacant Land Landover, MD 20774 - Bowie Submarket Land of 28.20 AC is for sale Investment Information Sale Price: For sale Price/AC: - Sale Status: Active Sale Conditions: - Days on Market: 2,863 Investment Notes Vacant land available for sale in Inglewood Business Community. Finished lots, ready to develop. Lots available ranging from 3.6 acres to 10.4 acres. Asking price is $250,000-$350,000 per acre. Currently approximately 28.2 acres left. Property has convenient access to I-95. New Carrollton Metro stop and MARC station are within 2 miles, and property is at the same exit as the new Redskins stadium. Land Information Zoning: I-3 Proposed Use: - Density: - Parcel Size: 28.20 AC Lot Dimensions: - Number of Lots: 6 On-Site Improv: - Improvements: - Name: Vacant Land Topography: Level [Map of "Lottsford Rd @ Landover Rd. - Inglewood Business Comm., Vacant Land" omitted. Source: Mapquest] [Image of "Lottsford Rd @ Landover Rd. - Inglewood Business Comm., Vacant Land" omitted. Source: Unknown] This copyrighted report contains research licensed to The Staubach Company - 70575. 7/7/2005 -20- 11. Parston Dr - Vacant Land Forestville, MD 20747 - Pennsylvania Ave Corridor Submarket Land of 30 AC is for sale at $2,790,000 ($93,000/AC) Investment Information Sale Price: $2,790,000 Price/AC: $93,000 Sale Status: Active Sale Conditions: - Days on Market: 1,443 Investment Notes Property has I-95 frontage and I-1 zoning. Available for build-to-suit or lot sales. Land Information Zoning: I-1 Proposed Use: Industrial Density: - Parcel Size: 30 AC Lot Dimensions: - Number of Lots: - On-Site Improv: - Improvements: - Name: Vacant Land Topography: Level [Map of "Partson Dr. - Vacant Land" omitted. Source: Mapquest] [Graphic omitted.] This copyrighted report contains research licensed to The Staubach Company - 70575. 7/7/2005 -21- 12. Parston Dr - Vacant Land District Heights, MD 20747 - Pennsylvania Ave Corridor Submarket Land of 3 AC is for sale at $718,000 ($239,333.33/AC) Investment Information Sale Price: $718,000 Price/AC: $239,333.33 Sale Status: Active Sale Conditions: - Days on Market: 134 Investment Notes Also available for lease at $1.00 PSF per year Land Information Zoning: I-1 Proposed Use: - Density: - Parcel Size: 3 AC Lot Dimensions: - Number of Lots: - On-Site Improv: - Improvements: - Name: Vacant Land Topography: Level Off-Site Improv: Sewer, Water [Map of "Partson Dr. - Vacant Land" omitted. Source: Mapquest] [Graphic omitted.] This copyrighted report contains research licensed to The Staubach Company - 70575. 7/7/2005 -22- 13. Pennsylvania Ave @ Westphalia Rd - Westphalia Center Forestville, MD 20772 - Pennsylvania Ave Corridor Submarket Land of 13 AC is for sale at $2,535,000 ($195,000/AC) Investment Information Sale Price: $2,535,000 Price/AC: $195,000 Sale Status: Under Contract Sale Conditions: - Days on Market: 829 Land Information Zoning: I-1 Proposed Use: Industrial Density: - Parcel Size: 13 AC Lot Dimensions: - Number of Lots: - On-Site Improv: - Improvements: - Name: Westphalia Center Topography: Level Street Frontage: 1,250 feet on Pennsylvania [Map of "Pennsylvania Ave @ Westphalia Rd - Westphalia Center" omitted. Source: Mapquest] [Graphic omitted.] This copyrighted report contains research licensed to The Staubach Company - 70575. 7/7/2005 -23- 14. 2400 Sansbury Rd - Vacant Land Largo, MD 20774 - Pennsylvania Ave Corridor Submarket Land of 28 AC is for sale at $4,268,880 ($152,460/AC) Investment Information Sale Price: $4,268,880 Price/AC: $152,460 Sale Status: Under Contract Sale Conditions: - Days on Market: 1,591 Investment Notes 19 recorded sites (1,219,680 SF) graded. Adjacent to Elementary School. Ready for water, sewer, gas installation. Sites can be automatically combined for larger uses. Land Information Zoning: I-1 Proposed Use: Industrial Density: - Parcel Size: 28 AC Lot Dimensions: 700x770 Number of Lots: - On-Site Improv: - Improvements: - Name: Vacant Land Topography: Level Street Frontage: 700 feet on Sansbury [Map of "2400 Sansburry Rd - Vacant Land" omitted. Source: Mapquest] [Graphic omitted.] This copyrighted report contains research licensed to The Staubach Company - 70575. 7/7/2005 -24- 15. Walker Mill Rd @ Addison Rd - Vacant Land Capitol Heights, MD 20743 - Pennsylvania Ave Corridor Submarket Land of 6.41 AC is for sale at $598,000 ($93,291.73/AC) Investment Information Sale Price: $598,000 Price/AC: $93,291.73 Sale Status: Active Sale Conditions: - Days on Market: 762 Investment Notes For Sale at $598,000. Available Land: Two Parcels Totaling 6.41 Acres Zoning: I-1 (Light Industrial) Property Features: - Situated Adjacent to the Walker Mill Business Park - Located Within an Enterprise Zone, Entitling Owner to Numerous Tax Incentives on New Construction for Five Years: 100% Real Estate Tax Exemption in the First Year, 80% in the Second Year, 60% in the Third Year, 40% in the Fourth Year, and 20% in the Fifth Year - I-1 Zoning Allows for Several Uses Such As Restaurant, Car Wash, Food or Beverage Store, Fast Food Restaurant, Self Storage Facility, Private School, Office/Warehouse Uses, Wireless Telecommunications Facility Land Information Zoning: I-1 Proposed Use: Industrial Density: - Parcel Size: 6.41 AC Lot Dimensions: - Number of Lots: - On-Site Improv: - Improvements: - Name: Vacant Land Topography: Level [Map of "Walker Mill Rd. @ Addison Rd. - Vacant Land" omitted. Source: Mapquest] [Graphic omitted.] This copyrighted report contains research licensed to The Staubach Company - 70575. 7/7/2005 -25- [Map of "Applegarth Rd., Jamesburg, NJ 08831, Vacant Land" omitted. Source: (c) 2005 MapQuest.com, Inc.; (c) 2005 NAVTER] This report contains research licensed to the Staubach Company - 70575. -1- 1. Applegarth Rd - Vacant Land Jamesburg, NJ 08831 - Brunswick Submarket Land of 18 AC is for sale at $1,980,000 ($110,000/AC) Investment Information Sale Price: $1,980,000 Price/AC: $110,000 Sale Status: Active Sale Conditions: - Days on Market: 142 Land Information Zoning: Ind Proposed Use: Industrial Density: - Parcel Size: 18 AC Lot Dimensions: - Number of Lots: - On-Site Improv: - Improvements: - Name: Vacant Land Parcel Number: 12-00041.00-00009.06-Q-FARM Topography: Level [Map of "Applegarth Rd. - Vacant Land" omitted. Source: Mapquest] [Graphic omitted.] This copyrighted report contains research licensed to The Staubach Company - 70575. 7/7/2005 -27- 2. 40 Conover Rd - Vacant Land East Windsor, NJ 08520 - Princeton South Submarket Land of 7.70 AC is for sale at $450,000 ($58,441.56/AC) Investment Information Sale Price: $450,000 Price/AC: $58,441.56 Sale Status: Active Sale Conditions: - Days on Market: 2,710 Land Information Zoning: - Proposed Use: - Density: - Parcel Size: 7.70 AC Lot Dimensions: - Number of Lots: - On-Site Improv: - Improvements: - Name: Vacant Land Parcel Number: 01-00046.00-00003.00 Topography: Level [Map of "40 Conover Rd - Vacant Land" omitted. Source: Mapquest] [Graphic omitted.] This copyrighted report contains research licensed to The Staubach Company - 70575. 7/7/2005 -28- 3. 135 N County Line Rd Jackson, NJ 08527 - Ocean County Submarket Land of 3.80 AC is for sale at $750,000 ($197,368.42/AC) Investment Information Sale Price: $750,000 Price/AC: $197,368.42 Sale Status: Active Sale Conditions: - Days on Market: 167 Land Information Zoning: - Proposed Use: Commercial Density: - Parcel Size: 3.80 AC Lot Dimensions: - Number of Lots: - On-Site Improv: - Improvements: - Topography: Level [Map of "135 N. County Line Rd." omitted. Source: Mapquest] [Graphic omitted.] This copyrighted report contains research licensed to The Staubach Company - 70575. 7/7/2005 -29- 4. Cranbury Station Rd @ Hightstown - Vacant Land Cranbury, NJ 08512 - Brunswick Submarket Land of 395 AC is for sale at $5,000,000 ($12,658.23/AC) Investment Information Sale Price: $5,000,000 Price/AC: $12,658.23 Sale Status: Under Contract Sale Conditions: - Days on Market: 86 Land Information Zoning: - Proposed Use: - Density: - Parcel Size: 395 AC Lot Dimensions: - Number of Lots: - On-Site Improv: - Improvements: - Name: Vacant Land Topography: Level [Map of "Cranbury Station Rd @ Hightstown - Vacant Land" omitted. Source: Mapquest] [Graphic omitted.] This copyrighted report contains research licensed to The Staubach Company - 70575. 7/7/2005 -30- 5. Crosswicks Hamilton Sq Rd - Vacant Land Trenton, NJ 08620 - Princeton South Submarket Land of 25.70 AC is for sale at $411,000 ($15,992.22/AC) Investment Information Sale Price: $411,000 Price/AC: $15,992.22 Sale Status: Active Sale Conditions: - Days on Market: 748 Investment Notes A sale can be held with a 50% balloon mortgage. Land Information Zoning: R120/40 Proposed Use: Mixed Use Density: - Parcel Size: 25.70 AC Lot Dimensions: - Number of Lots: - On-Site Improv: - Improvements: - Name: Vacant Land Topography: Level Land Condition: Utilities Off-Site Improv: Gas, Sewer, Water [Map of "Crosswicks Hamilton Sq Rd - Vacant Land" omitted. Source: Mapquest] [Graphic omitted.] This copyrighted report contains research licensed to The Staubach Company - 70575. 7/7/2005 -31- 6. 164 Dutch Neck Rd - Vacant Land East Windsor, NJ 08520 - Princeton South Submarket Land of 3.84 AC is for sale at $250,000 ($65,104.17/AC) Investment Information Sale Price: $250,000 Price/AC: $65,104.17 Sale Status: Active Sale Conditions: - Days on Market: 738 Investment Notes The owner will consider long term land lease. Land Information Zoning: Hwy Comm Proposed Use: Commercial Density: - Parcel Size: 3.84 AC Lot Dimensions: - Number of Lots: 1 On-Site Improv: - Improvements: - Name: Vacant Land Parcel Number: 01-00056.00-00003.00 Topography: Level Land Condition: Utilities Off-Site Improv: Sewer, Water [Map of "164 Dutch Neck Rd. - Vacant Land" omitted. Source: Mapquest] [Graphic omitted.] This copyrighted report contains research licensed to The Staubach Company - 70575. 7/7/2005 -32- 7. Halls Mill Rd @ Willow Brook Rd Freehold, NJ 07728 - Western Monmouth Submarket Land of 17.35 AC is for sale at $1,200,000 ($69,164.27/AC) Investment Information Sale Price: $1,200,000 Price/AC: $69,164.27 Sale Status: Active Sale Conditions: - Days on Market: 97 Land Information Zoning: - Proposed Use: Industrial Density: - Parcel Size: 17.35 AC Lot Dimensions: - Number of Lots: - On-Site Improv: - Improvements: - Topography: Level [Map of "Halls Mill Rd @Willion Brook Rd." omitted. Source: Mapquest] [Graphic omitted.] This copyrighted report contains research licensed to The Staubach Company - 70575. 7/7/2005 -33- 8. Highbridge Rd - Vacant Land Bordentown, NJ 08505 - South Burlington County Submarket Land of 90 AC is for sale at $7,500,000 ($83,333.33/AC) Investment Information Sale Price: $7,500,000 Price/AC: $83,333.33 Sale Status: Active Sale Conditions: - Days on Market: 1,303 Investment Notes Vacant land available for sale. Can be used for new construction or redevelopment. Land Information Zoning: R&D, HC Proposed Use: - Density: - Parcel Size: 90 AC Lot Dimensions: - Number of Lots: - On-Site Improv: - Improvements: - Name: Vacant Land Topography: Level [Map of "Highbridge Rd - Vacant Land" omitted. Source: Mapquest] [Graphic omitted.] This copyrighted report contains research licensed to The Staubach Company - 70575. 7/7/2005 -34- 9. Old Trenton Rd @ Princeton Hightstown Rd - Vacant Land East Windsor, NJ 98520 - Princeton South Submarket Land of 90 AC is for sale Investment Information Sale Price: For Sale Price/AC: - Sale Status: Active Sale Conditions: - Days on Market: 1,274 Land Information Zoning: - Proposed Use: Commercial Density: - Parcel Size: 90 AC Lot Dimensions: - Number of Lots: - On-Site Improv: - Improvements: - Name: Vacant Land Topography: Level [Map of "Old Trenton Rd @ Princeton Hightstown Rd. - Vacant Land" omitted. Source: Mapquest] [Graphic omitted.] This copyrighted report contains research licensed to The Staubach Company - 70575. 7/7/2005 -35- 10. 359 Princeton Hightstown Rd - Vacant Land East Windsor, NJ 08520 - Princeton South Submarket Land of 4.05 AC is for sale at $899,990 ($222,219.75/AC) Investment Information Sale Price: $899,990 Price/AC: $222,219.75 Sale Status: Active Sale Conditions: - Days on Market: 688 Land Information Zoning: R.O Proposed Use: Office Density: - Parcel Size: 4.05 AC Lot Dimensions: - Number of Lots: - On-Site Improv: - Improvements: - Name: Vacant Land Parcel Number: 01-00003.00-00003.01 Topography: Level [Map of "359 Princeton Hightstown Rd - Vacant Land" omitted. Source: Mapquest] [Graphic omitted.] This copyrighted report contains research licensed to The Staubach Company - 70575. 7/7/2005 -36- 11. Prodelin Way @ Rike Dr - Moto Business & Ind Park, Vacant Land East Windsor, NJ 08520 - Western Monmouth Submarket Land of 21.66 AC is for sale at $495,000 ($22,851.92/AC) Investment Information Sale Price: $495,000 Price/AC: $22,851.92 Sale Status: Under Contract Sale Conditions: - Days on Market: 1,806 Investment Notes The property is vacant land for sale or build-to-suit. It is located off NJ Hwy 33 with easy access to Routes 9, 33, Interstate 95 and the NJ Tpke. The property is comprised of 3, 3 acre lots at $165,000 per lot or $495,000 for the entire 9 acres. Each lot can accommodate a 60,000 sf warehouse distribution/industrial or office building. Land Information Zoning: - Proposed Use: Industrial Density: - Parcel Size: 21.66 AC Lot Dimensions: - Number of Lots: 3 On-Site Improv: - Improvements: - Name: Vacant Land Topography: Level [Map of "Prodelin Way @ Rike Dr - Moto Business and Ind. Park, Vacant Land" omitted. Source: Mapquest] [Graphic omitted.] This copyrighted report contains research licensed to The Staubach Company - 70575. 7/7/2005 -37- 12. 42-2050 Prospect Plains Rd - Prospect Plains Rd Cranbury, NJ 08512 - Brunswick Submarket Land of 14.32 AC is for sale at $1,217,200 ($85,000/AC) Investment Information Sale Price: $1,217,200 Price/AC: $85,000 Sale Status: Active Sale Conditions: - Days on Market: 2,172 Investment Notes Land is for sale at $90,000 per acre. Fully approved site with utilities in place. Recently rezoned for office professional use by Monroe Township in accordance with the new town master plan. Land type is flat/level. Estimated 1998 Taxes - $19,470.90. Land Information Zoning: Office Proposed Use: Office Density: - Parcel Size: 14.32 AC Lot Dimensions: - Number of Lots: - On-Site Improv: - Improvements: - Name: Prospect Plains Rd Topography: Level Land Condition: Utilities Off-Site Improv: Sewer, Water [Map of "42-2050 Prospect Plains Rd. - Prospect Plains Rd." omitted. Source: Mapquest] [Graphic omitted.] This copyrighted report contains research licensed to The Staubach Company - 70575. 7/7/2005 -38- 13. Rising Sun Rd @ I-295 - Bordentown Business Park, Vacant Land - Lot 4.02 Bordentown, NJ 08505 - North Burlington County Submarket Land of 5.11 AC is for sale at $400,000 ($78,277.89/AC) Investment Information Sale Price: $400,000 Price/AC: $78,277.89 Sale Status: Active Sale Conditions: - Days on Market: 1,312 Investment Notes Lot 4.02 consists of 5.11 acres of land zoned REO (Research, Engineering, and Office) - wide variety of permitted uses including office, R&D, and light industrial. Frontage on the west side of I-295 on-ramp is 666.98', direct access to Bordentown-Hedding Road. Topography is flat and lightly wooded. Lot is available for sale asking $400,000. Improvements include: all off-site improvements completed, grading is complete and curbing is in place, all underground utilities in place, storm water management basin in place serving both lots, existing sanitary sewer lines. 125,000 gallon water tank for maximum fire protection. Bordentown Business Park provides direct access to Exit 546 of I-295 and Exit 7 of the NJ Turnpike. The site also provides immediate access to Routes 130 and 206. New York City is a 70 minute drive; Philadelphia 40 minutes; Trenton 10 minutes. Land Information Zoning: REO Proposed Use: Mixed Use Density: - Parcel Size: 5.11 AC Lot Dimensions: - Number of Lots: - On-Site Improv: - Improvements: - Name: Vacant Land - Lot 4.02 Topography: Level Land Condition: Utilities Off-Site Improv: Sewer, Water Street Frontage: 667 feet on Rising Sun [Map of "Rising Sun @ I-295 - Bordentown Business Park, Vacant Land - Lot 4.02" omitted. Source: Mapquest] -39- [Graphic omitted.] This copyrighted report contains research licensed to The Staubach Company - 70575. 7/7/2005 -40- 14. 753 Route 130 W East Windsor, NJ 08520 - Princeton South Submarket Land of 3.50 AC is for sale at $3,500,000 ($1,000,000/AC) Investment Information Sale Price: $3,500,000 Price/AC: $1,000,000 Sale Status: Active Sale Conditions: - Days on Market: 59 Investment Notes A 20,000 square foot strip center has been approved for development on this property. Land Information Zoning: Retail Proposed Use: Retail Density: - Parcel Size: 3.50 AC Lot Dimensions: - Number of Lots: - On-Site Improv: Raw land Improvements: - Parcel Number: 01-00052.00-00002.00, 01-00052.00-00002.01 [Map of "753 Route 130 W" omitted. Source: Mapquest] [Image of "753 Route 130 W" omitted. Source: Unknown] This copyrighted report contains research licensed to The Staubach Company - 70575. 7/7/2005 -41- 15. 3329 Route 206 - Wahlberg Property Columbus, NJ 08505 - South Burlington County Submarket Land of 29.85 AC is for sale at $750,000 ($25,125.63/AC) Investment Information Sale Price: $750,000 Price/AC: $25,125.63 Sale Status: Active Sale Conditions: - Days on Market: 2 Investment Notes Wahlberg Property, 3329 Route 206 Columbus, Mansfield Township, Burlington County, New Jersey. A 28.85+/- Acre parcel with a long term cell tower lease. Located at 3329 Route 206 at its junction with Route 68. Near I-295 and the New Jersey Turnpike. Level, wooded acreage on highly visible Route 206. Land Information Zoning: - Proposed Use: Industrial, Retail, Mixed Use Density: - Parcel Size: 29.85 AC Lot Dimensions: - Number of Lots: - On-Site Improv: - Improvements: - Topography: Level Off-Site Improv: Curb/Gutter/Sidewalk, Electricity, Gas, Sewer, Streets, Water [Map of "3329 Route 206 - Wahlberg Property" omitted. Source: Mapquest] [Image of "3329 Route 206 - Wahlberg Property" omitted. Source: Unknown] This copyrighted report contains research licensed to The Staubach Company - 70575. 7/7/2005 -42- 16. Route 33 E @ Milford Rd - Vacant Land Hightstown, NJ 08520 - Princeton South Submarket Land of 8 AC is for sale at $2,000,000 ($250,000/AC) Investment Information Sale Price: $2,000,000 Price/AC: $250,000 Sale Status: Activet Sale Conditions: - Days on Market: 955 Investment Notes The property is less than 1 mile from the NJ Turnpike at the corner of Route 33 East and Milford Road (Rt 133). One Turnpike exit away from Six Flags Great Adventure. The Hightstown bypass starts at the intersection leading directly to Route 130 and Route 571 directly to Princeton. Land Information Zoning: - Proposed Use: Commercial Density: - Parcel Size: 8 AC Lot Dimensions: - Number of Lots: 4 On-Site Improv: - Improvements: - Name: Vacant Land Topography: Level Land Condition: Utilities Off-Site Improv: Sewer, Water [Map of "Route 33 E. @ Milford Rd. - Vacant Land" omitted. Source: Mapquest] [Graphic omitted.] This copyrighted report contains research licensed to The Staubach Company - 70575. 7/7/2005 -43- 17. W Route 37 @ Colonial Dr - Vacant Land Manchester Township, NJ 08759 - Ocean County Submarket Land of 50 AC is for sale at $5,000,000 ($100,000/AC) Investment Information Sale Price: $5,000,000 Price/AC: $100,000 Sale Status: Under Contract Sale Conditions: - Days on Market: 1,316 Investment Notes This land parcel, which is zoned Town Center, is suitable for low impact uses, such as small offices and retail stores. Township: Manchester Township. Land Information Zoning: TC Proposed Use: - Density: - Parcel Size: 50 AC Lot Dimensions: - Number of Lots: - On-Site Improv: - Improvements: - Name: Vacant Land Topography: Level Land Condition: Utilities [Map of "W. Route 37 @ Colonial Dr. - Vacant Land" omitted. Source: Mapquest] [Graphic omitted.] This copyrighted report contains research licensed to The Staubach Company - 70575. 7/7/2005 -44- 18. Route 9 @ Alexander Ave - Vacant Land Howell, NJ 07731 - Western Monmouth Submarket Land of 10 AC is for sale Investment Information Sale Price: For Sale Price/AC: - Sale Status: Under Contract Sale Conditions: - Days on Market: 414 Investment Notes 10 +/- acres for sale. Asking price is $250,000 per buildable acre. Please contact Ben Shapiro at (732) 790-1366 for additional information. Land Information Zoning: - Proposed Use: Office Density: - Parcel Size: 10 AC Lot Dimensions: - Number of Lots: - On-Site Improv: - Improvements: - Name: Vacant Land Topography: Level [Map of "Route 9 @ Alexander Ave - Vacant Land" omitted. Source: Mapquest] [Graphic omitted.] This copyrighted report contains research licensed to The Staubach Company - 70575. 7/7/2005 -45- 19. N Route 9 @ Casino Dr - Vacant Land Howell, NJ 07731 - Western Monmouth Submarket Land of 13.50 AC is for sale at $2,000,000 ($148,148.15/AC) Investment Information Sale Price: $2,000,000 Price/AC: $148,148.15 Sale Status: Active Sale Conditions: - Days on Market: 1,310 Investment Notes Land is also offered as build to suit. Land Information Zoning: - Proposed Use: - Density: - Parcel Size: 13.50 AC Lot Dimensions: - Number of Lots: - On-Site Improv: - Improvements: - Name: Vacant Land Topography: Level [Map of "N Route 9 @ Casino Dr. - Vacant Land" omitted. Source: Mapquest] [Graphic omitted.] This copyrighted report contains research licensed to The Staubach Company - 70575. 7/7/2005 -46- [20. Not Submitted] -47- 21. Rt 130 @ Rising Sun Rd - Vacant Land Bordentown, NJ 08505 - North Burlington County Submarket Land of 47 AC is for sale at $16,450,000 ($350,000/AC) Investment Information Sale Price: $16,450,000 Price/AC: $350,000 Sale Status: Active Sale Conditions: - Days on Market: 429 Investment Notes Property has 2,200 feet of frontage on Rt 130 S and is zoned highway commercial (shopping center, hotel, office). Gas and electric available water and sewer at site. Land Information Zoning: - Proposed Use: - Density: - Parcel Size: 47 AC Lot Dimensions: - Number of Lots: - On-Site Improv: - Improvements: - Name: Vacant Land Topography: Level [Map of "Rt. 130 @ Rising Sun Rd - Vacant Land" omitted. Source: Mapquest] [Graphic omitted.] This copyrighted report contains research licensed to The Staubach Company - 70575. 7/7/2005 -48- 22. Rt 33 @ Woodward Rd - Vacant Land Manalapan, NJ 07726 - Western Monmouth Submarket Land of 65 AC is for sale Investment Information Sale Price: For Sale Price/AC: - Sale Status: Active Sale Conditions: - Days on Market: 1,421 Land Information Zoning: Office Proposed Use: - Density: - Parcel Size: 65 AC Lot Dimensions: - Number of Lots: - On-Site Improv: - Improvements: - Name: Vacant Land Topography: Level [Map of "Rt. 33 @ Woodward Rd. - Vacant Land" omitted. Source: Mapquest] [Graphic omitted.] This copyrighted report contains research licensed to The Staubach Company - 70575. 7/7/2005 -49- 23. Rt 37 @ Colonial Dr - Vacant Land Manchester, NJ 08733 - Ocean County Submarket Land of 16.72 AC is for sale at $1,800,000 ($107,655.50/AC) Investment Information Sale Price: $1,800,000 Price/AC: $107,655.50 Sale Status: Active Sale Conditions: - Days on Market: 1,653 Land Information Zoning: TC Proposed Use: - Density: - Parcel Size: 16.72 AC Lot Dimensions: - Number of Lots: 1 On-Site Improv: - Improvements: - Name: Vacant Land Topography: Level Land Condition: Utilities Off-Site Improv: Gas, Sewer, Water Street Frontage: 327 feet on Rt 37 [Map of "Rt. 37 @ Colonial Dr. - Vacant Land" omitted. Source: Mapquest] [Graphic omitted.] This copyrighted report contains research licensed to The Staubach Company - 70575. 7/7/2005 -50- 24. 2132 Rt 37 W Manchester, NJ 08733 - Ocean County Submarket Land of 7.62 AC is for sale at $3,500,000 ($459,317.59/AC) Investment Information Sale Price: $3,500,000 Price/AC: $459,317.59 Sale Status: Active Sale Conditions: - Days on Market: 1,653 Investment Notes * One story, 3 bedroom, 1452-square-foot fram house on site. Used as a flower shop (Coopers Florist). Land Information Zoning: HD-3A Proposed Use: - Density: - Parcel Size: 7.62 AC Lot Dimensions: - Number of Lots: - On-Site Improv: - Improvements: - Name: Vacant Land Parcel Number: 19-00038.00-00004.00 Topography: Level [Map of "2132 Rt. 37 W" omitted. Source: Mapquest] [Graphic omitted.] This copyrighted report contains research licensed to The Staubach Company - 70575. 7/7/2005 -51- 25. Rt 70 @ Rt 527 - Vacant Land Toms River, NJ 08753 - Ocean County Submarket Land of 3.50 AC is for sale Investment Information Sale Price: For Sale Price/AC: - Sale Status: Active Sale Conditions: - Days on Market: 1,059 Investment Notes This land is located on the north side of Rt 70 and 527, directly across from the new Eckerd drug store. Build to suit up to 25,000 SF. Land Information Zoning: - Proposed Use: Commercial Density: - Parcel Size: 3.50 AC Lot Dimensions: - Number of Lots: - On-Site Improv: - Improvements: - Name: Vacant Land Topography: Level [Map of "Rt. 70 @ Rt. 527 - Vacant Land" omitted. Source: Mapquest] [Graphic omitted.] This copyrighted report contains research licensed to The Staubach Company - 70575. 7/7/2005 -52- 26. Rt 9 @ Cox Cro - Vacant Land Toms River, NJ 08753 - Ocean County Submarket Land of 34 AC is for sale at $6,500,000 ($191,176.47/AC) Investment Information Sale Price: $6,500,000 Price/AC: $191,176.47 Sale Status: Active Sale Conditions: - Days on Market: 1,059 Investment Notes This property is located just south of Route 70. No wetlands. Land Information Zoning: - Proposed Use: Commercial Density: - Parcel Size: 34 AC Lot Dimensions: - Number of Lots: - On-Site Improv: - Improvements: - Name: Vacant Land Topography: Level Off-Site Improv: Gas, Sewer, Water Street Frontage: 800 feet on Rt 9 [Map of "Rt. 9 @ Cox Cro. - Vacant Land" omitted. Source: Mapquest] [Graphic omitted.] This copyrighted report contains research licensed to The Staubach Company - 70575. 7/7/2005 -53- 27. Rt 9 S @ Taylor Mills Rd - Vacant Land Manalapan, NJ 07746 - Western Monmouth Submarket Land of 5.50 AC is for sale at $1,400,000 ($459,317.59/AC) Investment Information Sale Price: $1,400,000 Price/AC: $254,545.45 Sale Status: Active Sale Conditions: - Days on Market: 1,926 Land Information Zoning: OP Proposed Use: - Density: - Parcel Size: 5.50 AC Lot Dimensions: - Number of Lots: - On-Site Improv: - Improvements: - Name: Vacant Land Topography: Level [Map of "Rt. 9 S @ Taylor Mills Rd. - Vacant Land" omitted. Source: Mapquest] [Graphic omitted.] This copyrighted report contains research licensed to The Staubach Company - 70575. 7/7/2005 -54- 28. S Rt 9 - Vacant Land Howell, NJ 07731 - Western Monmouth Submarket Land of 7.20 AC is for sale at $1,430,000 ($198,611.11/AC) Investment Information Sale Price: $1,430,000 Price/AC: $198,611.11 Sale Status: Under Contract Sale Conditions: - Days on Market: 1,345 Investment Notes Land available for $100,000/acre. Located on Rt 9 South, just south of Casino Drive light. 500 ft south of Howell Bowling Lanes, next to Tool Rental, across from One Stop Gas. Has a sign on the property, For Sale By Owner. Land Information Zoning: highwycomm Proposed Use: Industrial Density: - Parcel Size: 7.20 AC Lot Dimensions: - Number of Lots: - On-Site Improv: - Improvements: - Name: Vacant Land Topography: Level [Map of "S. Rt. 9 - Vacant Land" omitted. Source: Mapquest] [Graphic omitted.] This copyrighted report contains research licensed to The Staubach Company - 70575. 7/7/2005 -55- 29. State Route 33 @ Airport Rd - Vacant Land East Windsor, NJ 08520 - Princeton South Submarket Land of 26 AC is for sale at $3,500,000 ($134,615.38/AC) Investment Information Sale Price: $3,500,000 Price/AC: $134,615.38 Sale Status: Under Contract Sale Conditions: - Days on Market: 1,109 Investment Notes Approved for 202,000 square feet in total development. Land can be divided to 4.5 acres. Land Information Zoning: Ind/Flex Proposed Use: Industrial Density: - Parcel Size: 26 AC Lot Dimensions: - Number of Lots: - On-Site Improv: - Improvements: - Name: Vacant Land Topography: Level [Map of "State Route 33 @ Airport Rd. - Vacant Land" omitted. Source: Mapquest] [Graphic omitted.] This copyrighted report contains research licensed to The Staubach Company - 70575. 7/7/2005 -56- 30. 305 State Route 33 Manalapan, NJ 07726 - Western Monmouth Submarket Land of 4.14 AC is for sale at $2,350,000 ($567,482.07/AC) Investment Information Sale Price: $2,350,000 Price/AC: $567,482.07 Sale Status: Active Sale Conditions: - Days on Market: 122 Investment Notes Motivated seller, strong growth area and high exposure location. Land Information Zoning: C-3 Proposed Use: Commercial Density: - Parcel Size: 4.14 AC Lot Dimensions: - Number of Lots: - On-Site Improv: - Improvements: - Parcel Number: 28-00074.00-00002.01 Topography: Level [Map of "305 State Route 33" omitted. Source: Mapquest] [Graphic omitted.] This copyrighted report contains research licensed to The Staubach Company - 70575. 7/7/2005 -57- 31. 24 Thomas J Rhodes Indust Dr - Lackland Property Mercerville, NJ 08619 - Princeton South Submarket Land of 6.90 AC is for sale at $863,000 ($125,072.46/AC) Investment Information Sale Price: $863,000 Price/AC: $125,072.46 Sale Status: Active Sale Conditions: - Days on Market: 106 Investment Notes A 6.9 +/- acre Industrial (I) parcel in Hamilton Township. Engineering and wetlands delineation complete. This site is easily suitable for a 50,000 to 60,000 sf building and one of the few industrial zone parcels still available in Hamilton Township. Ideal site for company with substantial space requirement. Great location for highway access. Owner firm on price per acre of $125,000. Land Information Zoning: I Proposed Use: - Density: - Parcel Size: 6.90 AC Lot Dimensions: - Number of Lots: - On-Site Improv: - Improvements: - Name: Lackland Property Topography: Level Land Condition: Utilities Off-Site Improv: Sewer, Water [Map of "24 Thomas J Rhodes Indust. Dr. - Lackland Property" omitted. Source: Mapquest] [Image of "24 Thomas J Rhodes Indust. Dr. - Lackland Property" omitted. Source: Unknown] This copyrighted report contains research licensed to The Staubach Company - 70575. 7/7/2005 -58- 32. US Highway 130 @ Main St - Vacant Land Hightstown, NJ 08520 - Princeton South Submarket Land of 170 AC is for sale at $15,000,000 ($88,235.29/AC) Investment Information Sale Price: $15,000,000 Price/AC: $88,235.29 Sale Status: Active Sale Conditions: - Days on Market: 2,870 Investment Notes This 166 acre site is for sale at $90,000 per acre. Site has 50 acres of wetlands, delineation has been completed and approved. Land topography is cleared and level farmland. Utilities, water and sewer, are on site. Ownership will sell the property subject to gaining all necessary approvals. (Quick approvals anticipated.) Located four miles to NJ Tpke, four miles to 195 and midpoint between NY and Philly. Land Information Zoning: Industrial Proposed Use: Commercial Density: - Parcel Size: 170 AC Lot Dimensions: - Number of Lots: 3 On-Site Improv: - Improvements: - Name: Vacant Land Topography: Level Land Condition: Utilities Off-Site Improv: Sewer, Water Exist Structure: No [Map of "US Highway 130 @ Main Strett - Vacant Land" omitted. Source: Mapquest] [Graphic omitted.] This copyrighted report contains research licensed to The Staubach Company - 70575. 7/7/2005 -59- 33. 1153 Us Highway 130 Robbinsville, NJ 08691 - Princeton South Submarket Land of 6.75 AC is for sale at $1,950,000 ($288,888.89/AC) Investment Information Sale Price: $1,950,000 Price/AC: $288,888.89 Sale Status: Active Sale Conditions: - Days on Market: 125 Land Information Zoning: - Proposed Use: Commercial Density: - Parcel Size: 6.75 AC Lot Dimensions: - Number of Lots: - On-Site Improv: - Improvements: - Parcel Number: 12-00027.00-00026.00 Topography: Level [Map of "1153 US Highway 130" omitted. Source: Mapquest] [Graphic omitted.] This copyrighted report contains research licensed to The Staubach Company - 70575. 7/7/2005 -60- 34. US Highway 9 - Vacant Land Howell, NJ 07731 - Western Monmouth Submarket Land of 5 AC is for sale at $1,300,000 ($260,000/AC) Investment Information Sale Price: $1,300,000 Price/AC: $260,000 Sale Status: Active Sale Conditions: - Days on Market: 545 Land Information Zoning: Retail Proposed Use: - Density: - Parcel Size: 5 AC Lot Dimensions: - Number of Lots: - On-Site Improv: - Improvements: - Name: Vacant Land Parcel Number: 21-00035.74-00004.00 Topography: Level [Map of "Us Highway 9 - Vacant Land" omitted. Source: Mapquest] [Graphic omitted.] This copyrighted report contains research licensed to The Staubach Company - 70575. 7/7/2005 -61- 35. US Highway 9 @ Schank Rd Howell, NJ 07731 - Western Monmouth Submarket Land of 53 AC is for sale at $7,500,000 ($141,509.43/AC) Investment Information Sale Price: $7,500,000 Price/AC: $141,509.43 Sale Status: Active Sale Conditions: - Days on Market: 338 Land Information Zoning: - Proposed Use: Commercial Density: - Parcel Size: 53 AC Lot Dimensions: - Number of Lots: - On-Site Improv: - Improvements: - Topography: Level [Map of "Us Highway 9 @ Schank Rd." omitted. Source: Mapquest] [Graphic omitted.] This copyrighted report contains research licensed to The Staubach Company - 70575. 7/7/2005 -62- 36. US Highway 9 @ W Farm Rd Howell, NJ 07731 - Western Monmouth Submarket Land of 52 AC is for sale at $15,600,000 ($300,000/AC) Investment Information Sale Price: $15,600,000 Price/AC: $300,000 Sale Status: Active Sale Conditions: - Days on Market: 122 Land Information Zoning: - Proposed Use: Commercial Density: - Parcel Size: 52 AC Lot Dimensions: - Number of Lots: - On-Site Improv: - Improvements: Development Area Topography: Level Land Condition: Corner Lot, Freeway Visibility Exist Structure: Small Buildings [Map of "Us Highway 9 @ W. Farm Rd." omitted. Source: Mapquest] [Graphic omitted.] This copyrighted report contains research licensed to The Staubach Company - 70575. 7/7/2005 -63- 37. Wyckoffs Mills Rd @ Brick Yard Rd - Vacant Land Cranbury, NJ 08512 - Brunswick Submarket Land of 125 AC is for sale at $6,250,000 ($50,000/AC) Investment Information Sale Price: $6,250,000 Price/AC: $50,000 Sale Status: Active Sale Conditions: - Days on Market: 167 Investment Notes Ideal for warehouse usage. $55,000 / Acre. 100 Acres for sale. Land Information Zoning: - Proposed Use: Industrial Density: - Parcel Size: 125 AC Lot Dimensions: - Number of Lots: - On-Site Improv: - Improvements: - Name: Vacant Land Topography: Level [Map of "Wyckoffs Mills Rd @ Brick Yard Rd. - Vacant Land" omitted. Source: Mapquest] [Graphic omitted.] This copyrighted report contains research licensed to The Staubach Company - 70575. 7/7/2005 -64- [Map of Belvidere St @ Waukegan Rd, Waukegan, IL 60085, Vacant Land omitted. Source: (c) 2005 MapQuest.com, Inc.; (c) 2005 NAVTER] This copyrighted report contains research licensed to the Staubach Company - 70575. -1- 1. 1170 N Skokie Hwy Portfolio of 2 properties in Gurnee, IL for sale at $1,585,000 ($253.52/SF) Portfolio Information Sale Price: $1,585,000 Cap Rate: - Sale Status: Under Contract Sale Conditions: - Sale Type: - Total Size: 6,252 SF Total Land Area: 6.50 AC Days on Market: 1,708 2 Properties in portfolio Properties cannot be sold individually Investment Notes Building is available for sale along with 4 acres of land. For sale along with a 6,000 sf building. The traffic count around it is approximately 28,000 cars per day. [Map of "1170 N. Skokie Hwy." omitted. Source: Mapquest] [Graphic omitted.] This copyrighted report contains research licensed to The Staubach Company - 70575. 7/7/2005 -66- 2. Belvidere St @ Waukegan Rd - Vacant Land Waukegan, IL 60085 - Far North Submarket Land of 12 AC is for sale at $2,613,600 ($217,800/AC) Investment Information Sale Price: $2,613,600 Price/AC: $217,800 Sale Status: Active Sale Conditions: - Days on Market: 1,928 Land Information Zoning: - Proposed Use: - Density: - Parcel Size: 12 AC Lot Dimensions: - Number of Lots: - On-Site Improv: - Improvements: - Name: Vacant Land Topography: Level [Map of "Belvidere St. @ Waukegan Rd - Vacant Land" omitted. Source: Mapquest] [Graphic omitted.] This copyrighted report contains research licensed to The Staubach Company - 70575. 7/7/2005 -67- 3. Delaney Rd @ Yorkhouse Rd - Oak Grove Business Park Waukegan, IL 60087 - Far North Submarket Land of 12 AC is for sale Investment Information Sale Price: For Sale Price/AC: - Sale Status: Active Sale Conditions: - Days on Market: 898 Investment Notes The Park consists of a 34,500 square foot corporate headquarters facility owned and occupied by Laserage Technology Corporation. Available for sale are fully improved sites from 1.5 to 12 acres in size. The park has access points at Delany and York House Roads and a planned stoplight entrance on Delany Road. Additionally, rail service is available via Union Pacific Railroad. Sites are priced from $3.95/sq ft to $4.75/sq ft. Land Information Zoning: Industrial Proposed Use: Industrial Density: - Parcel Size: 12 AC Lot Dimensions: - Number of Lots: - On-Site Improv: - Improvements: - Topography: Level Land Condition: Utilities Off-Site Improv: Gas, Sewer, Water [Map of "Delaney Rd. @ Yorkhouse Rd. - Oak Grove Business Park" omitted. Source: Mapquest] [Graphic omitted.] This copyrighted report contains research licensed to The Staubach Company - 70575. 7/7/2005 -68- 4. N Delany Rd @ Route 41 Gurnee, IL 60031 - Far North Submarket Land of 3.26 AC is for sale at $550,000 ($168,484.25/AC) Investment Information Sale Price: $550,000 Price/AC: $168,484.25 Sale Status: Active Sale Conditions: - Days on Market: 785 Land Information Zoning: I-2 Proposed Use: Industrial Density: - Parcel Size: 3.26 AC Lot Dimensions: 326x435 Number of Lots: - On-Site Improv: - Improvements: - Topography: Level [Map of "N. Delaney Rd. @ Route 41" omitted. Source: Mapquest] [Graphic omitted.] This copyrighted report contains research licensed to The Staubach Company - 70575. 7/7/2005 -69- 5. 1000-1038 N Dilleys Rd Gurnee, IL 60031 - Far North Submarket Land of 4.50 AC is for sale at $1,176,120 ($261,360/AC) Investment Information Sale Price: $1,176,120 Price/AC: $261,360 Sale Status: Under Contract Sale Conditions: - Days on Market: 1,326 Land Information Zoning: - Proposed Use: Commercial Density: - Parcel Size: 4.50 AC Lot Dimensions: - Number of Lots: - On-Site Improv: - Improvements: - Topography: Level Street Frontage: 665 feet on Dilleys [Map of "1000-1038 N. Dilleys Rd" omitted. Source: Mapquest] [Graphic omitted.] This copyrighted report contains research licensed to The Staubach Company - 70575. 7/7/2005 -70- 6. 17684 W Gages Lake Rd - Vacant Land Grayslake, IL 60030 - Far North Submarket Land of 8.43 AC is for sale at $1,900,000 ($225,281.31/AC) Investment Information Sale Price: $1,900,000 Price/AC: $225,281.31 Sale Status: Active Sale Conditions: - Days on Market: 598 Investment Notes Approximately 8.5 acres of land on the corner of Gages Lake and Almond Road in unincorporated Grayslake. Site has preliminary approval for 19 single family homes. Site is vacant except for two houses, sewer to site and water nearby. Property is centrally located between three schools. Land Information Zoning: - Proposed Use: - Density: - Parcel Size: 8.43 AC Lot Dimensions: 1326x260 Number of Lots: - On-Site Improv: - Improvements: - Name: Vacant Land Parcel Number: 07-29-100-009 Topography: Level [Map of "17684 W. Gages Lake Rd. - Vacant Land" omitted. Source: Mapquest] [Graphic omitted.] This copyrighted report contains research licensed to The Staubach Company - 70575. 7/7/2005 -71- 7. Grand Ave @ Green Bay Rd - Vacant Land Waukegan, IL 60085 - Far North Submarket Land of 6.50 AC is for sale at $2,700,000 ($415,384.62/AC) Investment Information Sale Price: $2,700,000 Price/AC: $415,384.62 Sale Status: Active Sale Conditions: - Days on Market: 198 Investment Notes Potential use: Bank, restaurant, residential, development, car dealership, equipment sales. Located in a high traffic area. Adjacent to major intersection. Zoned and improved. Land Information Zoning: B-3 Proposed Use: Retail Density: - Parcel Size: 6.50 AC Lot Dimensions: - Number of Lots: - On-Site Improv: - Improvements: - Name: Vacant Land Parcel Number: 08-19-100-012 Topography: Level [Map of "Grand Ave @ Green Bay Rd - Vacant Land" omitted. Source: Mapquest] [Graphic omitted.] This copyrighted report contains research licensed to The Staubach Company - 70575. 7/7/2005 -72- 8. E Grand Ave Gurnee, IL 60031 - Far North Submarket Land of 14.34 AC is for sale at $13,895,684 ($969,015.62/AC) Investment Information Sale Price: $13,895,684 Price/AC: $969,015.62 Sale Status: Active Sale Conditions: - Days on Market: 1,378 Land Information Zoning: - Proposed Use: - Density: - Parcel Size: 14.34 AC Lot Dimensions: - Number of Lots: - On-Site Improv: - Improvements: - Topography: Level Land Condition: Infrastructure [Map of "E. Grand Ave." omitted. Source: Mapquest] [Graphic omitted.] This copyrighted report contains research licensed to The Staubach Company - 70575. 7/7/2005 -73- 9. 19055-19087 W Grand Ave - Vacant Land Lake Villa, IL 60046 - Far North Submarket Land of 6 AC is for sale at $867,000 ($144,500/AC) Investment Information Sale Price: $867,000 Price/AC: $144,500 Sale Status: Active Sale Conditions: - Days on Market: 85 Investment Notes 4 parcels of commercial and agricultural zoned land available. Land Information Zoning: Commercial Proposed Use: Commercial Density: - Parcel Size: 6 AC Lot Dimensions: - Number of Lots: - On-Site Improv: - Improvements: - Name: Vacant Land Topography: Level [Map of "19055-19087 W. Grand Ave. - Vacant Land" omitted. Source: Mapquest] [Graphic omitted.] This copyrighted report contains research licensed to The Staubach Company - 70575. 7/7/2005 -74- 10. I-94 @ Milwaukee Ave - Office/R&D Site Gurnee, IL 60031 - Far North Submarket Land of 11.43 AC is for sale at $3,660,000 ($320,209.97/AC) Investment Information Sale Price: $3,660,000 Price/AC: $320,209.97 Sale Status: Active Sale Conditions: - Days on Market: 428 Land Information Zoning: - Proposed Use: Commercial Density: - Parcel Size: 11.43 AC Lot Dimensions: - Number of Lots: - On-Site Improv: - Improvements: - Name: Office/R&D Site Topography: Level [Map of "I-94 @ Milwaukee Ave. - Office/R&D Site" omitted. Source: Mapquest] [Graphic omitted.] This copyrighted report contains research licensed to The Staubach Company - 70575. 7/7/2005 -75- 11. Peterson Rd @ Northwind Pky Libertyville, IL 60048 - Central North Submarket Land of 3.72 AC is for sale at $1,296,346 ($348,480.11/AC) Investment Information Sale Price: $1,296,346 Price/AC: $348,480.11 Sale Status: Active Sale Conditions: - Days on Market: 443 Land Information Zoning: O-2 Proposed Use: - Density: - Parcel Size: 3.72 AC Lot Dimensions: - Number of Lots: - On-Site Improv: - Improvements: - Topography: Level [Map of "Peterson Rd. @ Northwind Pky." omitted. Source: Mapquest] [Graphic omitted.] This copyrighted report contains research licensed to The Staubach Company - 70575. 7/7/2005 -76- 12. Route 120 @ I-94 - Tri-State Commerce Centre Gurnee, IL 60031 - Far North Submarket Land of 57 AC is for sale Investment Information Sale Price: For Sale Price/AC: - Sale Status: Active Sale Conditions: - Days on Market: 1,739 Investment Notes Excellent site for corporate headquarters and offices. Sales price to be determined. Land Information Zoning: I-1 Proposed Use: - Density: - Parcel Size: 57 AC Lot Dimensions: - Number of Lots: - On-Site Improv: - Improvements: - Name: Tri-State Commerce Centre Topography: Level [Map of "Route 120 @ I-94 - Tri-State Commerce Centre" omitted. Source: Mapquest] [Graphic omitted.] This copyrighted report contains research licensed to The Staubach Company - 70575. 7/7/2005 -77- 13. Route 41 @ Hansen Gurnee, IL 60031 - Far North Submarket Land of 18 AC is for sale Investment Information Sale Price: For Sale Price/AC: - Sale Status: Active Sale Conditions: - Days on Market: 1,470 Land Information Zoning: - Proposed Use: - Density: - Parcel Size: 18 AC Lot Dimensions: - Number of Lots: - On-Site Improv: - Improvements: - Topography: Level [Map of "Route 41 @ Hansen" omitted. Source: Mapquest] [Graphic omitted.] This copyrighted report contains research licensed to The Staubach Company - 70575. 7/7/2005 -78- 14. Route 45 @ Washington St - Vacant Land Gurnee, IL 60031 - Far North Submarket Land of 6.80 AC is for sale at $2,500,000 ($367,647.06/AC) Investment Information Sale Price: $2,500,000 Price/AC: $367,647.06 Sale Status: Active Sale Conditions: - Days on Market: 1,072 Land Information Zoning: Gen. Bus., AG Proposed Use: Retail Density: - Parcel Size: 6.80 AC Lot Dimensions: - Number of Lots: - On-Site Improv: - Improvements: - Name: Vacant Land Topography: Level Land Condition: Corner Lot, Utilities Off-Site Improv: Gas [Map of "Route 45 @ Washington St. - Vacant Land" omitted. Source: Mapquest] [Graphic omitted.] This copyrighted report contains research licensed to The Staubach Company - 70575. 7/7/2005 -79- 15. N US Highway 45 @ Country Pl Lindenhurst, IL 60046 - Far North Submarket Land of 10 AC is for sale at $4,356,000 ($435,600/AC) Investment Information Sale Price: $4,356,000 Price/AC: $435,600 Sale Status: Active Sale Conditions: - Days on Market: 92 Investment Notes Prime commercial land next to new subdivision. Land Information Zoning: C Proposed Use: Commercial Density: - Parcel Size: 10 AC Lot Dimensions: - Number of Lots: - On-Site Improv: - Improvements: - Topography: Level Street Frontage: 864 feet on Us Highway 45 567 feet on Country [Map of "N.US Highway 45 @ Country Pl." omitted. Source: Mapquest] [Graphic omitted.] This copyrighted report contains research licensed to The Staubach Company - 70575. 7/7/2005 -80- 1. Autumn View Terrace Dr - Vacant Land Ellisville, MO 63011 - West County Submarket Land of 11 AC is for sale at $3,354,120 ($304,920/AC) Investment Information Sale Price: $3,354,120 Price/AC: $304,920 Sale Status: Under Contract Sale Conditions: - Days on Market: 1,157 Investment Notes There are 11 acres of vacant land available for sale at $5 per square foot. Land Information Zoning: commercial Proposed Use: Commercial Density: - Parcel Size: 11 AC Lot Dimensions: - Number of Lots: - On-Site Improv: - Improvements: - Name: Vacant Land Topography: Level Land Condition: Utilities Street Frontage: 2,000 feet on Autumn View Terrace [Map of "Autumn View Terrace Dr - Vacant Land" omitted. Source: Mapquest] [Graphic omitted.] This copyrighted report contains research licensed to The Staubach Company - 70575. 7/8/2005 -81- 2 Ellisville Towne Centre Dr @ Truman Blvd - Lot B Ballwin, MO 63011 - West County Submarket Land of 6.50 AC is for sale at $1,700,000 ($261,538.46/AC) Investment Information Sale Price: $1,700,000 Price/AC: $261,538.46 Sale Status: Under Contract Sale Conditions: - Days on Market: 1,316 Investment Notes Could be used for office, retail, multi-family and more. 6.5 acres for sale at $7/sf. Not divisible. Utilities at site. Land Information Zoning: C-2 Proposed Use: Commercial Density: - Parcel Size: 6.50 AC Lot Dimensions: - Number of Lots: - On-Site Improv: - Improvements: - Name: Lot B Topography: Level Land Condition: Utilities [Map of "Ellisville Towne Centre Dr @ Truman Blvd - Lot B" omitted. Source: Mapquest] [Graphic omitted.] This copyrighted report contains research licensed to The Staubach Company - 70575. 7/8/2005 -82- 3. Ellisville Towne Centre Dr @ Truman Blvd - Lot A Ballwin, MO 63011 - West County Submarket Land of 5.43 AC is for sale at $1,900,000 ($349,907.92/AC) Investment Information Sale Price: $1,900,000 Price/AC: $349,907.92 Sale Status: Under Contract Sale Conditions: - Days on Market: 1,316 Investment Notes Could be used for office, retail, multi-family and more. 5.43 acres for sale at $7/sf. Not divisible. Utilities at site. Land Information Zoning: C-2 Proposed Use: Commercial Density: - Parcel Size: 5.43 AC Lot Dimensions: - Number of Lots: - On-Site Improv: - Improvements: - Name: Lot A Topography: Level Land Condition: Utilities [Map of "Ellisville Towne Centre Dr @ Truman Blvd - Lot A" omitted. Source: Mapquest] [Graphic omitted.] This copyrighted report contains research licensed to The Staubach Company - 70575. 7/8/2005 -83- 4. 4500 Highway 109 - Vacant Land - 11 Acres Eureka, MO 63025 - West County Submarket Land of 11 AC is for sale at $2,635,380 ($239,580/AC) Investment Information Sale Price: $2,635,380 Price/AC: $239,580 Sale Status: Under Contract Sale Conditions: - Days on Market: 149 Investment Notes $5.50 per square foot. Land Information Zoning: Proposed Use: Commercial Density: - Parcel Size: 11 AC Lot Dimensions: - Number of Lots: - On-Site Improv: - Improvements: - Name: Vacant Land - 11 Acres Topography: Level Land Condition: Utilities Traffic Count: 17,083 cars per day on Highway 109 [Map of "4500 Highway 109 - Vacant Land - 11 Acres" omitted. Source: Mapquest] [Graphic omitted.] This copyrighted report contains research licensed to The Staubach Company - 70575. 7/8/2005 -84- 5. 5926-5934 Hunters Ford Rd - Vacant Land - 20 Acres Pacific, MO 63069 - West County Submarket Land of 20 AC is for sale at $300,000 ($15,000/AC) Investment Information Sale Price: $300,000 Price/AC: $15,000 Sale Status: Activet Sale Conditions: - Days on Market: 218 Land Information Zoning: - Proposed Use: Commercial Density: - Parcel Size: 20 AC Lot Dimensions: - Number of Lots: - On-Site Improv: - Improvements: - Name: Vacant Land - 20 Acres Topography: Level [Map of "5926-5934 Hunters Ford Rd - Vacant Land - 20 Acres" omitted. Source: Mapquest] [Image of "5926-5934 Hunters Ford Rd - Vacant Land - 20 Acres" omitted. Source: Unknown] This copyrighted report contains research licensed to The Staubach Company - 70575. 7/8/2005 -85- 6. Hwy 109 @ Babler Park Dr - Vacant Land Wildwood, MO 63040 - West County Submarket Land of 6.06 AC is for sale at $778,722 ($128,501.98/AC) Investment Information Sale Price: $778,722 Price/AC: $128,501.98 Sale Status: Active Sale Conditions: - Days on Market: 1,723 Investment Notes $2.95 per square foot. Land Information Zoning: - Proposed Use: - Density: - Parcel Size: 6.06 AC Lot Dimensions: - Number of Lots: - On-Site Improv: - Improvements: - Name: Vacant Land Topography: Level [Map of "Hwy 109 @ Babler Park Dr - Vacant Land" omitted. Source: Mapquest] [Graphic omitted.] This copyrighted report contains research licensed to The Staubach Company - 70575. 7/8/2005 -86- 7. Highway 109 @ Manchester Rd - Vacant Land Wildwood, MO 63040 - West County Submarket Land of 6.35 AC is for sale at $2,764,753 ($435,599.97/AC) Investment Information Sale Price: $2,764,753 Price/AC: $435,599.97 Sale Status: Under Contract Sale Conditions: - Days on Market: 87 Investment Notes $10 per square foot. Land Information Zoning: - Proposed Use: - Density: - Parcel Size: 6.35 AC Lot Dimensions: - Number of Lots: - On-Site Improv: - Improvements: - Name: Vacant Land Topography: Level [Map of "Highway 109 @ Manchester Rd - Vacant Land" omitted. Source: Mapquest] [Graphic omitted.] This copyrighted report contains research licensed to The Staubach Company - 70575. 7/8/2005 -87- 8. Highway 109 @ Manchester Rd - Vacant Land Wildwood, MO 63040 - West County Submarket Land of 15 AC is for sale at $2,400,000 ($160,000/AC) Investment Information Sale Price: $2,400,000 Price/AC: $160,000 Sale Status: Active Sale Conditions: - Days on Market: 1,712 Land Information Zoning: UD Proposed Use: - Density: - Parcel Size: 15 AC Lot Dimensions: - Number of Lots: - On-Site Improv: - Improvements: - Name: Vacant Land Topography: Level Land Condition: Corner Lot [Map of "Highway 109 @ Manchester Rd - Vacant Land" omitted. Source: Mapquest] [Graphic omitted.] This copyrighted report contains research licensed to The Staubach Company - 70575. 7/8/2005 -88- 9. 2601 Hwy 109 - Vacant Land Wildwood, MO 63040 - West County Submarket Land of 4.30 AC is for sale at $1,873,080 ($435,600/AC) Investment Information Sale Price: $1,873,080 Price/AC: $435,600 Sale Status: Active Sale Conditions: - Days on Market: 57 Land Information Zoning: - Proposed Use: MultiFamily Density: - Parcel Size: 4.30 AC Lot Dimensions: - Number of Lots: - On-Site Improv: - Improvements: - Name: Vacant Land Topography: Level Off-Site Improv: Sewer, Water Street Frontage: 285 feet on Hwy 109 300 feet on Manchester [Map of "2601 Hwy 109 - Vacant Land" omitted. Source: Mapquest] [Graphic omitted.] This copyrighted report contains research licensed to The Staubach Company - 70575. 7/8/2005 -89- 10. Hwy 44 @ Thornton Rd Pacific, MO 63069 - Franklin County Submarket Land of 9.67 AC is for sale at $1,000,000 ($103,412.62/AC) Investment Information Sale Price: $1,000,000 Price/AC: $103,412.62 Sale Status: Active Sale Conditions: - Days on Market: 312 Land Information Zoning: C Proposed Use: Commercial Density: - Parcel Size: 9.67 AC Lot Dimensions: - Number of Lots: - On-Site Improv: - Improvements: - Topography: Level Land Condition: Corner Lot, Freeway Visibility, Utilities Exist Structure: none [Map of "Hwy 44 @ Thornton Rd" omitted. Source: Mapquest] [Graphic omitted.] This copyrighted report contains research licensed to The Staubach Company - 70575. 7/8/2005 -90- 11. 2400 Pond Rd - Vacant Land Wildwood, MO 63040 - West County Submarket Land of 6.06 AC is for sale at $660,000 ($108,910.89/AC) Investment Information Sale Price: $660,000 Price/AC: $108,910.89 Sale Status: Under Contract Sale Conditions: - Days on Market: 701 Land Information Zoning: NU Proposed Use: - Density: - Parcel Size: 6.06 AC Lot Dimensions: - Number of Lots: - On-Site Improv: - Improvements: - Name: Vacant Land Parcel Number: 23W340024 Topography: Level Land Condition: Utilities Off-site Improv. Gas, Water [Map of "2400 Pond Rd - Vacant Land" omitted. Source: Mapquest] [Graphic omitted.] This copyrighted report contains research licensed to The Staubach Company - 70575. 7/8/2005 -91- 12. E Rose Ln - Schneider Industrial Park, Vacant Land/Lot 7 Pacific, MO 63069 - Franklin County Submarket Land of 3.80 AC is for sale Investment Information Sale Price: For Sale Price/AC: - Sale Status: Under Contract Sale Conditions: - Days on Market: 1,717 Investment Notes Vacant Land for sale. Land Information Zoning: Industrial Proposed Use: - Density: - Parcel Size: 3.80 AC Lot Dimensions: - Number of Lots: - On-Site Improv: - Improvements: - Name: Vacant Land/Lot 7 Topography: Level [Map of "E Rose Ln - Schneider Industrial Park, Vacant Land/Lot 7" omitted. Source: Mapquest] [Graphic omitted.] This copyrighted report contains research licensed to The Staubach Company - 70575. 7/8/2005 -92- 13. Thornton Rd @ Viaduct St - Vacant Land Pacific, MO 63069 - West County Submarket Land of 14 AC is for sale Investment Information Sale Price: For Sale Price/AC: - Sale Status: Active Sale Conditions: - Days on Market: 1,043 Investment Notes 14 acres of land being subdivided into 5 tracts. 1.5 acres in the front - ideal for service station. 7 acre tract in the back. Molly Lane runs through the property. Hotel under construction down the street. *Zoned Commercial and Residential. Land Information Zoning: Commercial & Proposed Use: - Density: Residential Parcel Size: 14 AC Lot Dimensions: - Number of Lots: 5 On-Site Improv: - Improvements: - Name: Vacant Land Topography: Level [Map of "Thornton Rd @ Viaduct St - Vacant Land" omitted. Source: Mapquest] [Graphic omitted.] This copyrighted report contains research licensed to The Staubach Company - 70575. 7/8/2005 -93- 14. 16314 Truman Rd - Vacant Land Ellisville, MO 63011 - West County Submarket Land of 3.15 AC is for sale at $1,372,140 ($435,600/AC) Investment Information Sale Price: $1,372,140 Price/AC: $435,600 Sale Status: Under Contract Sale Conditions: - Days on Market: 886 Land Information Zoning: - Proposed Use: - Density: - Parcel Size: 3.15 AC Lot Dimensions: - Number of Lots: - On-Site Improv: - Improvements: - Name: Vacant Land Parcel Number: 23U510111 Topography: Level [Map of "16314 Truman Rd - Vacant Land" omitted. Source: Mapquest] [Graphic omitted.] This copyrighted report contains research licensed to The Staubach Company - 70575. 7/8/2005 -94- 15. 655 Viola Ln - Vacant Land Eureka, MO 63025 - West County Submarket Land of 7.77 AC is for sale at $520,000 ($66,920.62/AC) Investment Information Sale Price: $520,000 Price/AC: $66,920.62 Sale Status: Active Sale Conditions: - Days on Market: 1,956 Investment Notes Vacant land that is commercially zoned but is ideal for light industry according to the broker. Land Information Zoning: - Proposed Use: - Density: - Parcel Size: 7.77 AC Lot Dimensions: - Number of Lots: 1 On-Site Improv: - Improvements: - Name: Vacant Land Parcel Number: 29V410182 Topography: Level Land Condition: Utilities Off-Site Improv: Gas, Sewer, Water [Map of "655 Viola Ln - Vacant Land" omitted. Source: Mapquest] [Graphic omitted.] This copyrighted report contains research licensed to The Staubach Company - 70575. 7/8/2005 -95- 16. 10 Williams Rd - Vacant Land Tract 2 Eureka, MO 63025 - West County Submarket Land of 4.80 AC is for sale at $627,264 ($130,680/AC) Investment Information Sale Price: $627,264 Price/AC: $130,680 Sale Status: Active Sale Conditions: - Days on Market: 493 Land Information Zoning: - Proposed Use: - Density: - Parcel Size: 4.80 AC Lot Dimensions: - Number of Lots: - On-Site Improv: - Improvements: - Name: Vacant Land Tract 2 Parcel Number: 29U230079 Topography: Level [Map of "10 Williams Rd - Vacant Land Tract 2" omitted. Source: Mapquest] [Graphic omitted.] This copyrighted report contains research licensed to The Staubach Company - 70575. 7/8/2005 -96- [Map of Autumn View Terrace Dr, Ellisville, MO 63011, Vacant Land omitted. Source: (c) 2005 MapQuest.com, Inc.; (c) 2005 NAVTER] This copyrighted report contains research licensed to The Staubach Company - 70575. -1- -----END PRIVACY-ENHANCED MESSAGE-----