Municipal Airport Sanderson Field Prime Redevelopment Opportunity 2760 Interstate 75 Business Spur Sault Ste Marie, MI 49783 Former Kmart Municipal Airport Sanderson Field Subject Property Interstate 75 Business Spur Can we add their logo? - Logo is under Jim’s contact info. Ashmun St Russ Bono, CCIM Investment Sales 616.242.1115 russb@naiwwm.com Cameron Timmer Investment Associate 616.776.0100 cameront@naiwwm.com

NAI IS PLEASED TO PROVIDE THIS OFFERING OF THE FORMER KMART BUILDING IN SAULT STE MARIE, MI Building Specifications Structure Size 93,000 SF Floors One Year Built/Renovated 1980/1990 Construction Concrete w/ Steel frame HVAC RTUs (12) Roof Flat – Membrane, new in 2014 Parking On-Site Parking Surface Paved Docks/Doors Yes Site Specifications Lot Dimensions Irregular Acreage 10.89 Frontage I-75 Bus. Spur Major Arteries Directions Ashmun St, E. of Meridian St. Parcel Number 051-603-002-00 Municipality City of Sault Ste. Marie Zoning 201 Commercial Sault Ste Marie The Kmart building is positioned in an established retail location in Sault Ste Marie, Michigan. Located next to the city’s airport and in close proximity to the International Bridge to Canada. The site also has excellent visibility and access from the I-75 Business Spur. The site has excess land to the east, as well as extra space in the front that allows for future expansion of the main building and an out-lot. The City of Sault Ste Marie also has a sister city of the same name across the International Bridge in Canada. The bridge is heavily traveled and the population of ~75,000 on the Canadian side are not reflected in the demographic reports The City also boasts the presence of large national tenants in the area, such as Walmart, Dunham’s, and Meijer, an appealing factor for established retail investors in this market. Something wrong with where red line is. Doesn’t seem like a lot new here. Don’t need to reinvent the wheel but make a couple comments early on about anything new so this looks fresh. This is what we had before.

Market Overview ABOUT sault ste marie BRIDGE traffic The cities of Sault St. Marie are connected by the International Bridge, which is one of only three border crossings into Canada from Michigan. With the close proximity of the Twin Saults (approximately two miles) this allowed us to continue our close and special relationship with our neighbors to the north. This relationship has been exemplified with the Two Nations One City Memorandum along with the joint venture of the Amazon HQ2 RFP in 2017. These relationships create an environment in which businesses can thrive across borders. The retail and restaurant industries see influxes of cross border customers with approximately 50% of southbound traffic into Sault Ste. Marie, Michigan being for shopping; the true dollar value economic impact of these customers is something that is being researched currently. INTERNATIONAL bridge The International Bridge at Sault Ste. Marie is the only vehicular crossing between Ontario and Michigan within a 300-mile distance. The Bridge connects two cities, Sault Ste. Marie, Ontario with Sault Ste. Marie, Michigan. Today, the communities served by the bridge boast populations of 14,000 for Sault Ste. Marie, Michigan and 75,000 for Sault Ste. Marie, Ontario.

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