SunTrust EXCLUSIVE NET - LEASE OFFERING

OFFERING Representative Photo MEMORANDUM 4310 Nolensville Road – Nashville, 37211 Confidentiality and Disclaimer

Marcus & Millichap hereby advises all prospective purchasers of properties, including newly-constructed facilities or newly- income or expenses for the subject property, the future projected Net Leased property as follows: acquired locations, may be set based on a tenant’s projected financial performance of the property, the size and square sales with little or no record of actual performance, or footage of the property and improvements, the presence or The information contained in this Marketing Brochure has been comparable rents for the area. Returns are not guaranteed; the absence of contaminating substances, PCB’s or asbestos, the obtained from sources we believe to be reliable. However, tenant and any guarantors may fail to pay the lease rent or compliance with State and Federal regulations, the physical Marcus & Millichap has not and will not verify any of this property taxes, or may fail to comply with other material terms of condition of the improvements thereon, or the financial information, nor has Marcus & Millichap conducted any the lease; cash flow may be interrupted in part or in whole due to condition or business prospects of any tenant, or any tenant’s investigation regarding these matters. Marcus & Millichap makes market, economic, environmental or other conditions. Regardless plans or intentions to continue its occupancy of the subject no guarantee, warranty or representation whatsoever about the of tenant history and lease guarantees, Buyer is responsible for property. The information contained in this Marketing Brochure accuracy or completeness of any information provided. conducting his/her own investigation of all matters affecting the has been obtained from sources we believe to be reliable; intrinsic value of the property and the value of any long-term however, Marcus & Millichap has not verified, and will not verify, As the Buyer of a net leased property, it is the Buyer’s lease, including the likelihood of locating a replacement tenant if any of the information contained herein, nor has Marcus & responsibility to independently confirm the accuracy and the current tenant should default or abandon the property, and Millichap conducted any investigation regarding these matters completeness of all material information before completing any the lease terms that Buyer may be able to negotiate with a and makes no warranty or representation whatsoever regarding purchase. This Marketing Brochure is not a substitute for your potential replacement tenant considering the location of the the accuracy or completeness of the information provided. All thorough due diligence investigation of this investment property, and Buyer’s legal ability to make alternate use of the potential buyers must take appropriate measures to verify all of opportunity. Marcus & Millichap expressly denies any obligation property. the information set forth herein. to conduct a due diligence examination of this Property for Buyer. By accepting this Marketing Brochure you agree to release Marcus & Millichap Real Estate Investment Services and hold it NON-ENDORSEMENT NOTICE Any projections, opinions, assumptions or estimates used in this harmless from any kind of claim, cost, expense, or liability arising Marketing Brochure are for example only and do not represent out of your investigation and/or purchase of this net leased Marcus & Millichap Real Estate Investment Services, Inc. the current or future performance of this property. The value of a property. (“M&M”) is not affiliated with, sponsored by, or endorsed by any net leased property to you depends on factors that should be commercial tenant or lessee identified in this marketing package. evaluated by you and your tax, financial and legal advisors. CONFIDENTIALITY AND DISCLAIMER The presence of any corporation’s logo or name is not intended to indicate or imply affiliation with, or sponsorship or Buyer and Buyer’s tax, financial, legal, and construction advisors The information contained in the following Marketing Brochure is endorsement by, said corporation of M&M, its affiliates or should conduct a careful, independent investigation of any net proprietary and strictly confidential. It is intended to be reviewed subsidiaries, or any agent, product, service, or commercial listing leased property to determine to your satisfaction with the only by the party receiving it from Marcus & Millichap and should of M&M, and is solely included for the purpose of providing suitability of the property for your needs. not be made available to any other person or entity without the tenant lessee information about this listing to prospective written consent of Marcus & Millichap. This Marketing Brochure customers. Like all real estate investments, this investment carries significant has been prepared to provide summary, unverified information risks. Buyer and Buyer’s legal and financial advisors must request to prospective purchasers, and to establish only a preliminary ALL PROPERTY SHOWINGS ARE BY APPOINTMENT ONLY. PLEASE and carefully review all legal and financial documents related to level of interest in the subject property. The information CONSULT YOUR MARCUS & MILLICHAP AGENT FOR MORE the property and tenant. While the tenant’s past performance at contained herein is not a substitute for a thorough due diligence DETAILS. this or other locations is an important consideration, it is not a investigation. Marcus & Millichap has not made any investigation, guarantee of future success. Similarly, the lease rate for some and makes no warranty or representation, with respect to the

4310 Nolensville Road – Nashville, Tennessee 37211 Table of Contents Investment Highlights 4 Financial Analysis 5 Tenant Overview 6 Surrounding Area 7 Location Overview 8 Property Photos 9 Surrounding Area Photos 10 Maps 11-12 Demographics / Market Overview 13-14

Representative Photo Investment Highlights PRICE: $2,349,346 | CAP: 5.40% | RENT: $126,865

About the Investment ✓ Absolute Triple Net (NNN) Lease | ~11 Years Remaining ✓ Attractive 1.5% Annual Rental Increases ✓ Investment Grade Tenant | A- Rating (S&P) ✓ One (1), Three (3)-Year; Five (5), Five (5)-Year Tenant Renewal Options ✓ Corporate Tenant | Corporate Guarantee ✓ SunTrust Bank Executed Two (2) Renewal Options Early & Extended the Term of the Lease by 12 Years About the Location ✓ Dense Retail Corridor | Walmart, Aldi, Walgreens, Dollar General, Taco Bell, Domino’s Pizza, Sonic Drive-In, Ihop, Arby’s, McDonalds, Little Caesars, and Many More ✓ Unparalleled Location | Situated in Nashville, Tennessee | Third Fastest Growing Economy in the United States ✓ Robust Demographics | Population Exceeds 199,985 Individuals Within a Five-Mile Representative Photo Radius ✓ Compelling Location Fundamentals | Less Than Five Miles from Nashville International Airport | Serves Over 14,000,000 Passengers Annually ✓ Strong Traffic Counts | Nolensville Road and Harding Place | Average 44,805 and 40,131 Vehicles Per Day Respectively About the Tenant / Brand ✓ Investment Grade Tenant | A- Rating (S&P) ✓ SunTrust , Inc. is one of the nation’s largest and strongest financial services companies, with total assets of $208 billion and total deposits of $161 billion as of June 30, 2018 ✓ SunTrust currently operates 1,222 branches, 2,062 ATMs and employs over 23,200 individuals ✓ The company provides deposit, credit, trust, investment, mortgage, asset management, securities brokerage, and capital market services

Representative Photo

SunTrust Bank – Nashville, TN 4 Financial Analysis PRICE: $2,349,346 | CAP: 5.40% | RENT: $126,865 Property Description RENT SCHEDULE Property SunTrust Bank Lease Year(s) Annual Rent Monthly Rent Rent Escalation (%) Property Address 4310 Nolensville Road 1/1/2019 - 12/31/2019 $126,865 $10,572 1.50% 1/1/2020 - 12/31/2020 $128,768 $10,731 1.50% City, State, ZIP Nashville, TN 37211 1/1/2021 - 12/31/2021 $130,699 $10,892 1.50% Year Built / Renovated 1972 1/1/2022 - 12/31/2022 $132,660 $11,055 1.50% Building Size 5,498 1/1/2023 - 12/31/2023 $134,650 $11,221 1.50% Lot Size +/- 2.8 Acres 1/1/2024 - 12/31/2024 $136,669 $11,389 1.50% Type of Ownership Fee Simple 1/1/2025 - 12/31/2025 $138,719 $11,560 1.50% The Offering 1/1/2026 - 12/31/2026 $140,800 $11,733 1.50% Purchase Price $2,349,346 1/1/2027 - 12/31/2027 $142,912 $11,909 1.50% CAP Rate 5.40% 1/1/2028 - 12/31/2028 $145,056 $12,088 1.50% 1/1/2029 - 12/31/2029 $147,232 $12,269 1.50% Annual Rent $126,865 Price / SF $427 Rent / SF $23.07 Lease Summary INVESTMENT SUMMARY Marcus & Millichap is pleased to present the exclusive listing for a SunTrust Property Type Net Leased Bank Bank located at 4310 Nolensville Road in Nashville, Tennessee. The site Lease Expiration 12/31/2029 constructed in 1972, consists of roughly 5,498 rentable square feet of building Lease Term Remaining 11.2 space on estimated 2.8 acre parcel of land. Lease Type Triple Net (NNN) Roof & Structure Tenant Responsible SunTrust Bank is subject to an absolute triple-net (NNN) lease. The annual rent Rental Increases 1.5% Annually is $126,865. SunTrust Bank executed two (2) renewal options early & extended the term of the lease by 12 years. There is One (1), Three (3)-Year and Five (5), One (1), Three (3)-Year; Five (5), Five (5)-Year Options to Renew Five (5)-Year Options. Options

SunTrust Bank – Nashville, TN 5 Tenant Overview

About SunTrust Bank SunTrust Banks, Inc. is one of the nation’s largest and strongest financial services companies, with total assets of $208 billion and total deposits of $161 billion as of June 30, 2018, but most importantly, they are an organization driven by purpose and a personal touch. SunTrust Bank is a purpose-driven company dedicated to Lighting the Way to Financial Well-Being for the people, businesses, and communities it serves. SunTrust leads onUp, a national movement inspiring Americans to build financial confidence. Headquartered in , the Company has two business segments: Consumer and Wholesale. Its flagship subsidiary, SunTrust Bank, operates an extensive branch and ATM network throughout the high-growth Southeast and Mid-Atlantic states, along with 24-hour digital access. Certain business lines serve consumer, commercial, corporate, and institutional clients nationally. The Company provides deposit, credit, trust, investment, mortgage, asset management, securities brokerage, and capital market services.

SunTrust delivers a full suite of products and financial services to serve the needs of their consumer, business, corporate and institutional clients. Their businesses are Representative Photo organized into two segments: Consumer, which includes Private Wealth Management and Mortgage, and Wholesale. Consumer brings together the resources of the company to provide clear and unbiased financial guidance to consumer and small business clients in the Southeast, Mid-Atlantic and select national markets. Wholesale focuses on helping businesses across the country by delivering a comprehensive suite of financial services including lending, liquidity management, treasury and payment, M&A advisory and capital raising.

Consumer Total Assets Total Deposits Households Branches $208 B $161 B 4.4 M 1,222

Representative Photo

SunTrust Bank – Nashville, TN 6 Surrounding Area Property Address: 4310 Nolensville Road – Nashville, Tennessee 37211

SunTrust Bank – Nashville, TN 7 Location Overview Property Address: 4310 Nolensville Road – Nashville, Tennessee 37211

The subject investment property is situated on Nolensville Road which boasts an average daily traffic count exceeding 44,805 vehicles. Nolensville Road intersects with Harding Place which brings an additional 40,131 vehicles into the immediate area per day. This SunTrust property also profits from being situated in an area with robust demographics. There are more than 95,220 individuals residing within a three-mile radius of the subject property and more than 199,985 individuals within a five-mile radius of the property. Additionally, the subject property is located in a relatively wealthy area, with an average income of $75,328 within a five-mile radius.

The subject property benefits from being well-positioned in a highly dense retail corridor consisting of national and local tenants, hotels, and hospitals all within close proximity of this property. Major national tenants include: Walmart, Aldi, Walgreens, Dollar General, Taco Bell, Domino’s Pizza, Sonic Drive-In, Ihop, Arby’s, ADTC: 40,131 McDonald’s, Little Caesar’s, Waffle House, and many more. The subject property is located within footsteps of the TriStar Southern Hills Medical Center, a 126-bed full service hospital. This SunTrust Bank property also benefits from its close proximity to Nashville International Airport. Nashville International Airport is a joint public and military use airport that services over 14,000,000 passengers a year.

Nashville, located on the Cumberland River, is the capital of the state of Tennessee and the county seat of Davidson County. Located in northern middle Tennessee, Nashville is the core of the largest metropolitan area in Tennessee and ranks as the 24th largest city by population in the United States. The city is a center for music, healthcare, publishing, banking, and transportation industries. Nashville is known as the “home of country music” and has become a major music and production ADTC: 44,805 center. The city hosts the CMA music festival, a four-day event featuring performances by country music stars along with other activities for country music fans. Although Nashville is known for its music, the largest industry in the city is health care. Nashville is home to more than 300 health care companies, including Hospital Corporation of America, the world’s largest private operator of hospitals. Vanderbilt University and Medical Center is the city’s largest employer with more than 23,021 total employees. There are numerous universities and colleges located in Nashville as well, including: Belmont University, Tennessee State University, Lipscomb University, and Nashville State Community College, which have a total combined enrollment in excess of 31,524 students.

SunTrust Bank – Nashville, TN 8 Property Photo

Representative Photo SunTrust Bank – Nashville, TN 9 Surrounding Area Photos

SunTrust Bank – Nashville, TN 10 Local Map Property Address: 4310 Nolensville Road – Nashville, Tennessee 37211

Nashville International Airport (BNA)

SunTrust Bank – Nashville, TN 11 Regional Map Property Address: 4310 Nolensville Road – Nashville, Tennessee 37211

TENNESSEE

SunTrust Bank – Nashville, TN 12 Demographics Property Address: 4310 Nolensville Road – Nashville, Tennessee 37211 1 Mile 3 Miles 5 Miles POPULATION 2022 Projection 14,992 96,827 208,558 5 Miles 2017 Estimate 14,903 95,220 199,985 2010 Census 14,189 88,359 180,651 2000 Census 12,716 78,096 153,160

INCOME 3 Miles Average $49,617 $62,816 $75,328 Median $35,813 $45,482 $50,771 Per Capita $18,903 $24,021 $30,594

1 Mile HOUSEHOLDS 2022 Projection 5,733 37,406 84,758 2017 Estimate 5,676 36,398 80,446 2010 Census 5,405 33,731 72,252 2000 Census 5,410 32,815 65,464

HOUSING 2017 $152,521 $157,038 $199,753

EMPLOYMENT 2017 Daytime Population 11,201 85,886 190,449 2017 Unemployment 5.56% 4.16% 4.14% 2017 Median Time Traveled 24 Mins 26 Mins 26 Mins

RACE & ETHNICITY White 53.09% 57.62% 59.90% Native American 0.09% 0.07% 0.08% African American 21.45% 19.00% 20.80% Asian/Pacific Islander 6.65% 5.67% 4.96%

SunTrust Bank – Nashville, TN 13 Market Overview City: Nashville | County: Davidson | State: Tennessee Nashville, located on the Cumberland River, is the capital of the state of Tennessee and the county seat of Davidson County. Located in northern middle Nashville, Tennessee Tennessee, Nashville is the core of the largest metropolitan area in Tennessee and ranks as the 24th largest city by population in the United States. The city is a center for music, healthcare, publishing, banking, and transportation industries. As the "home of country music", Nashville has become a major music recording and production center. The Big Four record labels, as well as numerous independent labels, have offices in Nashville, mostly in the Music Row area. Nashville has been the headquarters of guitar company Gibson since 1984. Since the 1960s, Nashville has been the second-largest music production center (after New York) in the United States. Nashville's music industry is estimated to have a total economic impact of $6.4 billion per year and to contribute 19,000 jobs to the Nashville area. Although Nashville is renowned as a music recording center and tourist destination, its largest industry is health care. Nashville is home to more than 300 health care companies, including Hospital Corporation of America (HCA), the world's largest private operator of hospitals. As of 2012, it is estimated the health care industry contributes US$30 billion per year and 200,000 jobs to the Nashville-area economy.

In recent times Nashville has been described as a "southern boomtown" by numerous publications, as evidenced by the city having the third fastest growing economy in the United States as of 2017. It has been stated by the US Census bureau that Nashville "adds an average of 100 people a day to its net population increase". The Nashville region was also stated to be the "Number One" Metro Area for Professional and Business Service Jobs in America, as well as having the “Hottest Housing Market in America“, as stated by Zillow. Major Employers Employer Estimated # of Employees Logans Roadhouse Inc 7,008 United States Dept of Navy 4,530 Nextsource Inc 3,457 Boulevard Terr Rehab & Nursin 2,061 Asurion LLC 1,842 Asurion Insurance Services Inc 1,190 Walmart 1,159 Ey 1,124 Tennessee National Guard 1,002 911 Omni Vision Inc 809 SunTrust Bank – Nashville, TN 14 EXCLUSIVE NET LEASE OFFERING

Jody McKibben Marcus & Millichap REIS Seattle 6 Cadillac Dr Ste 100 Nashville, TN 37027 Tel: 615-997-2860 4310 Nolensville Road – Nashville, Tennessee 37211 Fax: 615-997-2910 License: 307629