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MEMORANDUM 4310 Nolensville Road – Nashville, Tennessee 37211 Confidentiality and Disclaimer

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MEMORANDUM 4310 Nolensville Road – Nashville, Tennessee 37211 Confidentiality and Disclaimer SunTrust Bank EXCLUSIVE NET - LEASE OFFERING OFFERING Representative Photo MEMORANDUM 4310 Nolensville Road – Nashville, Tennessee 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, Waffle House 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 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 ✓ 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.
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