Walgreens Infill Chicago | Low Price-Point

Industrial Maintenance Welding & Machining Co., Inc Over 130 Employees

4704 South Halsted Street, Chicago, Illinois 60609 INVESTMENT HIGHLIGHTS

• National Tenant - Walgreens | “BBB” Standard and Poor’s Credit Rating National Tenant • 30-Year, Corporately Guaranteed Lease ° Three Years Remaining on Base Lease Term ° Double-Net Lease Structure | Very Limited Landlord Responsibilities ° Corporately Guaranteed by Walgreens Corporation Guarantee • Long Term Occupancy | Walgreens Has Been Operating at this Location Since 1993

Corporate • Strong Reported Sales (See Agent for November 2020 Reported Sales) Guarantee • New Capital Improvements Just Completed ° New Roof (2020/2021 Installation) with Warranty ° Extensive Parking Lot Updates

• Very Low Below Market Rent ($12.31 per Square Foot) for Urban Chicago Hard Corner Location Below Market Rent • Drive-Thru Location - Hard to Replace Attribute | Requires Special Use Permit

• Directly Across the Street from a Grocer Anchored Retail Center

• Situated Within the Stockyards Industrial Corridor ° Factories and Warehouses in the Stockyards Industrial Park Support More than 5,000 Jobs Drive-Thru ° Provides Economic and Social Benefits to the City

• Located at a Signalized, Stoplight Intersection ° High Visibility with 25,200 Vehicles Passing per Day ° Over 360 Feet of Frontage Along Halsted Street and 47th Street

• Less Than One Mile Off Interstate 90 and the CTA Red Line 47th Street Station Heavily Traveled • Strong Infill Location | 19,337 People Work Within One Mile of Subject Property Downtown Chicago

Heavily Populated 123,944 People Live Within Two Miles S Halsted St 12,000 VPD of Subject Property

W 47th St Subject Property 13,200 VPD

New Roof Installation Bus *Images taken prior to Stop install* #47 Bus Stop #8

Industrial Maintenance Bike Share Welding & Machining Co., Inc Station Over 130 Employees TESTA PRODUCE, INC

Industrial Maintenance Welding & Machining Co., Inc Over 130 Employees Morgan Hub Yard

Bus Stop #47

Bus Stop #8 Walgreens Infill Chicago | Low Price-Point 4704 South Halsted Street, Chicago, Illinois 60609

FINANCIAL SUMMARY LEASE SUMMARY

Price $2,285,000 Lease Type NN

Cap Rate 7.00% Lease Guarantor Corporate Roof & Structure Landlord NOI $160,000 Lease Term Remaining 3 Years Price/SF $175.77 Rent Commencement 7/9/1994 Gross Leasable Area 13,000 SF Lease Expiration 7/31/2024 Year Built 1993 Options 4, 5-Year Lot Size 1.00 Acres +/- Option to Purchase None 20-08-207-006; 007; 018; 019; 020; Parcel Numbers 023; 024; 025; 026; 036 Type of Ownership Fee Simple Parking 37 Surface Spaces +/-

RENT SCHEDULE

Term Period Annual Rent Rent/SF Base Current $160,000 $12.31

Option 1 8/1/2024 $160,000 $12.31 New Roof Installation *Images taken prior to Option 2 8/1/2029 $160,000 $12.31 install* Option 3 8/1/2034 $160,000 $12.31 Option 4 8/1/2039 $160,000 $12.31

Notes: N/A TENANT PROFILE 9,200+ LOCATIONS One of the Largest Pharmacy Health Care Providers in the United States 9,277 Retail Locations in the United States and United States Territories Sales Increased 4.1 Percent from 2018 to 2019 to BBB $136.9 Billion 1.2 Billion Prescriptions Filled Annually (2019) CREDIT RATING Employing Over 230,000 People Headquartered in Deerfield, Illinois | Founded in 1901 30 Year LEASE TERM

Parent Company to Walgreens, Duane Reade, Boots and Alliance Healthcare Global Leader in Retail and Wholesale Pharmacy Largest Retail Pharmacy, Health and Daily Living NN Destination Across the United States and Europe Over 18,750 Stores in 11 Countries LEASE Employing Over 440,000 People $136.9 Billion in Sales (2019 Fiscal Year) WALGREENS.COM Publicly Traded | WBA:NASDAQ WALGREENSBOOTSALLIANCE.COM LEASE SUMMARY

DBA Walgreens

GUARANTOR Walgreens Corporation

ROOF Landlord

STRUCTURE Landlord

PARKING LOT Tenant

HVAC Tenant

TAXES Tenant Paid Directly by Tenant

INSURANCE Tenant Paid Directly by Tenant

CAM Tenant Paid Directly by Tenant LOCATION HIGHLIGHTS | CHICAGO MSA

Third Largest Metropolitan Area in the United States Major Transportation Network • Population of Over 10 Million People • Chicago Transit Authority Rail and Bus Services • Expands Over 5,000 Square Feet in 14 Counties • Pace Bus Services • Almost 40 Percent of Illinois Residents Live in the Suburbs • Metra and Amtrak Rail of Chicago, Many of Whom Commute into the City for Work • Divvy Bikes Logistics and Business Hub Major Tourist Destination | 58 Million Visitors Annually • Vital Link in Supply Chain as 42 Percent of the Population • Tourist Attractions Include Willis Tower, Millennium Park, Lives Within 750 Miles of Chicago Navy Pier, Art Institute of Chicago, Museum of Science and • Three International Airports (Chicago O’Hare Airport, Industry, Adler Planetarium, Wrigley Field, Buckingham Midway Airport and Gary/Chicago Airport) | 16 Regional Fountain, Michigan Avenue and the Magnificent Mile Airports • Seven Professional Sports Teams • Nation’s Premier Freight Rail Hub, with Four Carriers | BNSF, Union Pacific, CSX, and Norfolk Southern World-Class Education Institutions | Over 104,000 • Home to Over 400 Major Corporate Headquarters, Including Students 31 Fortune 500 Companies Reside in Chicago | Over • Universities Include University of Chicago, DePaul 100,000 Jobs Created Since Pre-Recession Peak University, Northwestern University, Loyola University, University of Illinois at Chicago

New Roof Installation *Images taken prior to install* `REGIONAL MAP

DEMOGRAPHICS

Population .5-Miles 1-Mile 2-Miles 2020 Population 4,465 19,337 122,094 2025 Population 4,333 18,659 119,726 Lake Michigan

Households .5-Miles 1-Mile 2-Miles 2020 Households 1,544 6,205 42,489 2025 Households 1,502 6,039 42,150

Daytime Population .5-Miles 1-Mile 2-Miles 2020 Population 4,919 21,201 101,671

Income .5-Miles 1-Mile 2-Miles 2020 Median HH Income $56,894 $34,854 $33,664 2020 Average HH Income $68,828 $53,000 $54,231 Subject Property AERIAL SITE PLAN ICHMOND ST S R W

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Chicago Sustainable Industries

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Chicago Sustainablec Industries CONFIDENTIALITY AGREEMENT

The information contained in the following Marketing Brochure is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from Marcus & Millichap and should not be made available to any other person or entity without the written consent of Marcus & Millichap. This Marketing Brochure has been prepared to provide summary, unverified information to prospective purchasers, and to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation. Marcus & Millichap has not made any investigation, and makes no warranty or representation, with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and square footage of the property and improvements, the presence or absence of contaminating substances, PCB’s or asbestos, the compliance with State and Federal regulations, the physical condition of the improvements thereon, or the financial condition or business prospects of any tenant, or any tenant’s plans or intentions to continue its occupancy of the subject property. The information contained in this Marketing Brochure has been obtained from sources we believe to be reliable; however, Marcus & Millichap has not verified, and will not verify, any of the information contained herein, nor has Marcus & Millichap conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All potential buyers must take appropriate measures to verify all of the information set forth herein.

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This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Any projections, opinions, assumptions or estimates used herein are for example purposes only and do not represent the current or future performance of the property. Marcus & Millichap Real Estate Investment Services is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2020 Marcus & Millichap. All Rights Reserved. Activity ID: ZAB0670289 EXCLUSIVELY LISTED BY

SEAN SHARKO AUSTIN WEISENBECK BROKER OF RECORD SENIOR VICE PRESIDENT INVESTMENTS SENIOR VICE PRESIDENT INVESTMENTS STEVEN WEINSTOCK Chicago Oakbrook Chicago Oakbrook Chicago Oakbrook (630) 570-2238 (630) 570-2169 (630) 570-2250 [email protected] [email protected] [email protected] IL 471.011175 IL 471.010712 IL 475.140200