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Confidential Offering Memorandum CVS Pharmacy 310 South Michigan Avenue | , IL 60604 Confidentiality and Restricted Use Agreement

This Confidential Offering Memorandum (“COM”) is provided by Stan Johnson Company (“SJC”), solely for your consideration of the opportunity to acquire the commercial property described herein (the “Property”). This COM may be used only as stated herein and shall not be used for any other purpose, or in any other Offered Exclusively by manner, without prior written authorization and consent of SJC.

This COM does not constitute or pertain to an offer of a security or an offer of any investment contract. This COM contains descriptive materials, financial information and other data compiled by SJC for the convenience of parties who may be interested in the Property. Such information is not all inclusive and is not represented Jason Maier to include all information that may be material to an evaluation of the acquisition opportunity presented. Senior Director [email protected] SJC has not independently verified any of the information contained herein and makes no representations +1 646.841.0627 or warranties of any kind concerning the accuracy or completeness thereof. All summaries and discussions of documentation and/or financial information contained herein are qualified in their entirety by reference to Ashley Wilhide the actual documents and/or financial statements, which upon request may be made available. An interested Operations Analyst party must conduct its own independent investigation and verification of any information the party deems [email protected] material to consideration of the opportunity, or otherwise appropriate, without reliance upon SJC. +1 646.845.8424 The Property may be financed or withdrawn from the market without notice, and its owner(s) reserve(s) the right to negotiate with any number of interested parties at any time. The Property is offered and sold by its BJ Feller owner(s) as is, where is, and with all faults, without representation or warranty of any kind except for any Managing Director [email protected] customary warranties of title. +1 312.240.0194 BY ACCEPTING THIS COM, YOU AGREE THAT: (1) all information contained herein, and all other information you have received or may hereafter receive from SJC relating to the Property, whether oral, written or in any Isaiah Harf other form (collectively, the “Information”), is strictly confidential; (2) you will not copy or reproduce, and Director claim as your own without attribution to SJC, all or any part of this COM or the Information; (3) upon request [email protected] by SJC at any time, you will return and/or certify your complete destruction of all copies of this COM and the +1 312.777.2437 Information; (4) for yourself and all your affiliates, officers, employees, representatives, agents and principals, you hereby release and agree to indemnify and hold harmless SJC all of its affiliates, officers, employees, representatives, agents and principals, from and with respect to any and all claims and liabilities arising from or related to the receipt or use of this COM and/or any other Information concerning the Property; (5) you Stan Johnson Company will not provide this COM or any of the Information to any other party unless you first obtain such party’s 180 Madison Avenue | Suite 1500 acceptance and approval of all terms, conditions, limitations and agreements set forth herein, as being New York City, NY 10016 applicable to such party as well as to you; and (6) monetary damages alone will not be an adequate remedy +1 646.778.5560 for a violation of these terms and that SJC shall be entitled to equitable relief, including, but not limited to, injunctive relief and specific performance, in connection with such a violation and shall not be required to post stanjohnsonco.com a bond when obtaining such relief.

CVS Pharmacy • Chicago, IL 2 Table of Contents

Section One: The Offering The Offering...... 5 Investment Highlights...... 6 Property Overview ...... 7 Lease Abstract & Rent Schedule...... 8 Financials: Operating Expenses...... 9

Section Two: Tenant Overview Tenant Overview...... 13

Section Three: Market & Location Overview Property Location Map ...... 16 Aerial Map...... 17 Surrounding Attractions...... 18 Chicago Attractions ...... 19 Chicago Snapshot...... 20 Transportation Map...... 21 Chicago Overview...... 23 Economy...... 24 Demographics...... 25

CVS Pharmacy • Chicago, IL 3 Section One The Offering The Offering

Stan Johnson Company is pleased to offer for sale to qualified investors, the opportunity to purchase a Fee-Simple Interest Retail Condo, class-A, single tenant, CVS property located at 310 South Michigan Avenue in Chicago, (“The Property”).

Located in the Historic Michigan Boulevard District, The Property was originally constructed in 1924 and most recently renovated in 2018. The Property offers 9,476 square-feet of retail space on the first floor (street level) and offers over 80 feet of lot frontage along Michigan Avenue and 111 feet of frontage along East Jackson Boulevard.

The Property is fully occupied through October 2033 by CVS who is operating under a 15-year lease, with over 14-years remaining on the base term and corporately guaranteed by CVS Health Corporation. The lease includes a 10% rent increase after 10 years and three (3), five (5) year renewal options, with increases. The NN terms of the lease limit the responsibilities of the Landlord to the building’s foundation, structure and roof. The tenant is responsible for all operating expenses, CAM charges and Real Estate Taxes.

This core trophy CVS retail condo is located on the Southeast corner of Michigan Avenue and East Jackson Boulevard is directly across the street from world famous . The Property has an estimated traffic count of over 46,000 vehicles per day, which has been increasing year over year. Being strategically located across the street from Grant park, surrounded by museums, office and residential buildings, and Chicago’s most popular tourist attractions, this CVS also benefits immensely from tremendous pedestrian traffic.

Investors will assume the interest of this premier, high-barrier-to-enter, generational-hold asset with irreplaceable real estate, strong guarantor, and attractive lease terms.

CVS Pharmacy • Chicago, IL 5 Investment Highlights

Price: Cap Rate: $16,850,000 4.74%

Investment Grade Tenant with Long-Term Corporate Lease The Property is leased to CVS Pharmacy through 2033 and guaranteed by CVS Health Corporation (Baa2+/Stable by S&P). With 14+ Years remaining on the initial lease, the lease also features attractive rental increases throughout the base lease term, offering a significant hedge against inflation. Additionally, the lease offers Three (3), Five (5) year renewal options, with 10% rental increases in each option.

Limited Landlord Responsibilities The NN terms of the lease limit the responsibilities of the Landlord to the building’s foundation, structure and roof. The Tenant reimburses the Landlord for all operating expenses, CAM charges and Real Estate Taxes.

Chicago Acquisition Opportunity The Property is located in Chicago, Illinois – Ranked as the 3rd largest city in the United States, with a population nearing 3 million people. 2018 set an unprecedented record high of 58 million visitors in the city. Chicago was named “America’s Best Bike City” with more than 115 miles of protected bike lanes and 255 miles of on-street bike lanes.

Grant Park “Chicago’s Front Yard” Located directly across the street, Grant Park is a 319-acre public green space in the heart of Chicago’s central business district, "the loop." A city centerpiece, Grant Park is home to some of Chicago's most iconic landmarks and attractions, as well as the site of some of the city's biggest events, including and .

CVS Pharmacy • Chicago, IL 6 E JACKSON DR Property Overview

Tenant CVS Pharmacy

310 South Michigan Ave, Address S LAKE SHORE DR Chicago, IL 60604 SW Corner of Michigan Ave & Corner Jackson Blvd

Property Type Retail Condo S COLUMBIA DR Downtown Mixed-Use District / Zoning: Historic Michigan Blvd District

Ownership Interest Fee-Simple S MICHIGAN AVE Lease Type NN

Rentable SF 9,476 SF

Lot Size .84 Acres

Year Built 1924

Year Renovated 2018

Click below to view more info about Chicago

Chicago Economy Transportation Area Map Demographics Overview P. 23 P. 20 P. 16 P. 24 P. 22

CVS Pharmacy • Chicago, IL 7 boystown Lease Abstract

Address 310 South Michigan Avenue, Chicago, IL 60604 zoo Tenant CVS Pharmacy lincoln park Guarantor CVS Health Corporation wicker park Lease Type NN Leased Square Footage 9,476 Original Lease Term 15 Years goose island Lease Term Remaining 14+ Years near north Commencement Date October 28, 2018 side Lease Expiration October 28, 2033 magnificent Annual Base Rent $800,000 mile Rent Increases 10% Every Ten (10) Years Renewal Options Three (3) Five (5) Year Options union park Renewal Option Increases 10% First & Second Option, Third Option Fair Market Rent Millennium Landlord Responsibilities Structure, foundation, and roof greektown Park Maintenance and Repair Shared between Tenant and Landlord buckingham Insurance Tenant responsible for pro-rata share chicago Taxes Tenant responsible for "Tenant's Tax Share" Tenant responsible for pro-rata share (73.37%) grant park CAM Utilities Tenant is responsible illinois medical * Tenant's Tax Share is calculated by dividing the leasable square footage of the Premises by the aggregate leasable square district addams/ footage of all areas assessed under the same tax bill as the premises medill park northerly central island pilsen station Rent Schedule

chinatown Lease Years Total Annual Rent Monthly Rent RPSF Increase 1 - 10 $800,000 $66,666.67 $84.42 - praire shores 11 - 15 $880,000 $73,333.33 $92.87 10% 16 - 20 (First Extension) $968,000 $80,666.67 $102.15 10% 21 - 25 (Second Extension) $1,064,800 $88,733.33 $112.37 10% bridgeport Park 26 - 30 (Third Extension) Fair Market Rent - - - mckinley park *Fair Market Rent shall mean the arms length fair market annual rental rate per rentable square foot under leases and douglas amendments entered into by private sector tenants with comparable terms on the date fair market rent is being determind for properties in the Loop Central Business District of Downtown Chicago.

CVS Pharmacy • Chicago, IL 8 Financials: Operating Expenses

Income Rent Revenue $800,000 Total Income $800,000

Operating Expenses Recoverable Expenses Total Expenses $/RSF Admin Fee Net Recov. Expenses $/RSF Cleaning - Contract: General Bldg 6,300 0.19 5% 6,615 0.20 Cleaning - Contract: Window 1,200 0.04 5% 1,260 0.04 Cleaning - Trash Removal 3,204 0.10 5% 3,364 0.10 R&M - Elev/Escal: Svc Contract 492 0.02 5% 517 0.02 R&M - Elev/Escal: Svc Other 1,934 0.06 5% 2,031 0.06 R&M - HVAC: Svc Contract 2,364 0.07 5% 2,482 0.08 R&M - HVAC: Other 1,400 0.04 5% 1,470 0.04 R&M - Electrical: Lighting 500 0.02 5% 525 0.02 R&M - Struc/Roof: Supplies & Mate 500 0.02 5% 525 0.02 R&M - Fire/Life: Svc Other 2,040 0.06 5% 2,142 0.07 R&M - Other: Contract Svc (Exterio 984 0.03 5% 1,033 0.03 R&M - Other: General Service 11,796 0.36 5% 12,386 0.38 R&M - Other: Exterminating 1,056 0.03 5% 1,109 0.03 R&M - Other: Miscellaneous 19,284 0.59 5% 20,248 0.62 Utilities - Electric 1,296 0.04 0% 1,296 0.04 Utilities - Gas 8,184 0.25 5% 8,593 0.26 Grounds - Landscape Services - Co 1,400 0.04 5% 1,470 0.04 Admin - Payroll: Management 20,148 0.62 5% 21,155 0.65 Tax/Lic/Perm - Real Estate Taxes 81,842 2.50 0% 81842 2.50 Tax/Lic/Perm - Real Estate Taxes - 8,000 0.24 0% 8000 0.24 Insurance - Property 25,976 0.79 5% 27,275 0.83 Insurance - Other 3,897 0.12 5% 4,092 0.13 Total Operating Expenses 203,797 6.23 209,430 6.41

Total Operating Expenses $203,797 Total Recoverable Operating Expenses $209,430

Net Operating Income $800,000

CVS Pharmacy • Chicago, IL 9 CVS Pharmacy • Chicago, IL 10 CVS Pharmacy • Chicago, IL 11 Section Two Tenant Overview Tenant Overview

CVS Health Corporation (NYSE: CVS) operates retail pharmacy For FYE December 31, 2018, CVS Health Corporation reported Total and pharmacy benefit management businesses in the United States. Revenue of $184 Billion and a Net Income of $6.63 Billion. The company has The company offers prescription drugs and general merchandise, grown Revenue by 20% the past two years, with 5+ consecutive years of including over-the-counter drugs, beauty products and cosmetics, growth prior. seasonal merchandise, greeting cards, convenience foods, and film and photofinishing services. It sells its products through CVS or CVS Pharmacy Tenant Profile retail stores, as well as through its online retail website CVS.com. The Company CVS Health Corporation company also offers pharmacy benefit management services, including Entity Type CVS mail order pharmacy, specialty pharmacy, plan, design, and administration, D/B/A Public formulary management, and claims processing services. Credit Rating Baa2+/Stable (by S&P)

As of December 31, 2017, it operated more than 9,800 retail drugstores, Number of Locations 9,800 + more than 1,100 walk-in health care clinics, 23 retail specialty pharmacy Revenue (2017) $184 Billion stores, 18 specialty mail order pharmacies and 83 branches for infusion Net income (2017) $6.63 Million and enteral services, including approximately 73 ambulatory infusion suites Stockholder Equity $37.7 Billion and three centers of excellence. The company was formerly known as CVS Founded 1963 Caremark Corporation and changed its name to CVS Health Corporation Headquarters Woonsocket, RI in September 2014. CVS Health Corporation was founded in 1892 and is Website www.cvs.com headquartered in Woonsocket, Rhode Island.

CVS Pharmacy • Chicago, IL 13 CVS Pharmacy • Chicago, IL 14 Section Three Market & Location Overview boystown Property Location Map

hanson park hermosa lincoln park

north austin wicker park

humboldt park goose island west humboldt near north park side west town magnificent austin mile conservatory union park

oak park Millennium Garfield Park greektown Park buckingham fifth city chicago fountain tri-taylor grant park homan square illinois medical the island district addams/ medill park lawndale northerly central island pilsen station

marshall berwyn square chinatown cicero little village praire shores south N lawndale bridgeport Park mckinley park douglas stickney

CVS Pharmacy • Chicago, IL 16 ADAMS ADAMS National Louis University US Trustee US Attorney US Bankruptcy Court The Art Institute Brooks US District Court of Chicago Chicago Brothers US Court of Appeals Business Chicago Academy Symphony USGSA Public Center Building Services US Army Corps of Engineers US Employment & The John DePaul DMK Restaurant Training Administration Marshall Law University School

DePaul University Social Security Office JACKSON Electric Line (Metra Line Trains) Electric Metra

College of Law The John Marshall Law LaSalle School Sir Georg Solti Extension DePaul Garden University University Loop STATE Campus WABASH

CLARK US UST & Lust McCormick Jr. Chicago Department of

Office DEARBORN PLYMOUTH College Public Health & Water MICHIGAN Management; Chicago Board of Health “The Buckingham” E Student Housing Center C VAN BUREN o n g re s s P la z a D BLS Visa Chicago College r MCC Chicago, Harold iv Application of Performing e Federal Bureau Washington Robert Morris

Center Chicago Public University Arts of Prisons Congress Plaza Library Garden Auditorium Theater of

MCC Chicago,

Federal Bureau CONGRESS PRKWY

of Prisons

E

KEY

C

Columbia o

College, University or School n Retail Location

College Chicago g

JTA Schools r

Federal Building e Train Stop

Illinois Media s

CONGRESS s

School P

N PLAZA HOTEL Local Restaurant/Food l Bus Stop

Hotel Blake a

z

a

“University Center” Bar D Metra Train Line

r

Chicago Sports i

Student Living v Radio EL Trains: Brown, Purple,e Pink, Orange EL Trains: Blue & Red 360 Chicago

The

Crown Fountain

Millennium Park Congress Median Garden

Seated Lincoln Butler Field

S MICHIGAN AVE Monroe Harbor

Grant Park

S LAKE SHORE DR

Shedd Aquarium The Field Museum

Adler Skyline Walk

CVS Pharmacy • Chicago, IL 18 Chicago Attractions 12 1 Buckingham Fountain One of the largest in the world

2 One of the most popular destinations in Chicago for a dizzying array of free cultural performances, such as concerts, movies, dance, and more

3 Grant Park 300+ Acre urban park known as "Chicago's Front Yard" 2 4 4 25 acres of beautiful landscape, architecture and public art 6 10 5 Butler Field Facing the , this open 7 5 area offers additional seating for concerts & festivals 11 9 6 An interactive work of public art and video sculpture 1 7 The Art Institute of Chicago 8

8 Monroe Harbor

9 Willis Tower 3 The tallest building in the Western Hemisphere

10 Chicago Yacht Club Best known for organizing the Chicago Yacht Club Race to Mackinac each July

11 Chicago N

12 Navy Pier The Navy Pier encompasses more than fifty acres of parks, gardens, shops, restaurants, family attractions and exhibition facilities

CVS Pharmacy • Chicago, IL 19 4th-Most Greatest 2nd-Largest Important 9th-Richest Number of New 3rd-Largest City in the 10th-Highest or Expanded Central 3rd-Largest Business Center Labor Pool in World Wages in the Corporate Business GDP in U.S. in the World the U.S. Source: UBS’s World Richest World Facilities in the District in U.S. Source: MasterCard Worldwide Cities Index Centers of Commerce Index U.S.

CHICAGO’S LARGEST EMPLOYERS CHICAGO ECONOMIC SNAPSHOT 1 U.S. Government 49,860 MAJOR INDUSTRIES 2 39,094 GROSS METRO PRODUCT 3 City of Chicago 30,340 $630.3 billion 4 Cook County 21,842 Fortune 500 Companies GaWC Alpha 5 Advocate Health Care 18,512 6 JP Morgan Chase 16,045 Rank Company Industry Global City 7 University of Chicago 15,452 27 Boeing Aerospace 8 State of Illinois 14,731 34 Archer Daniels Midland Agriculture 9 Fortune 9 United Continental Holdings 14,000 79 United Continental Holdings Aviation 500 HQs 10 AT&T 14,000 110 McDonald’s Corporation Food Service (31 in 11 Walgreens 13,657 111 Excelon Corporation Energy Chicagoland) 12 Abbott Laboratories 12,000 258 R.R. Donnelley & Sons Company Logistics 13 Presence Health 11,959 363 Motorola Solutions, Inc. Telecommunications 14 Chicago Transit Authority 11,100 403 LKQ Corporation Automotive 15 University of Illinois Chicago 9,900 404 Integrys Energy Group, Inc. Energy 16 Northwestern Memorial Healthcare 9,614 17 Financial 17 American Airlines 9,600 Old Republic International 472 Corporation Insurance 18 Jewel-Osco 9,155 Times 500 19 9,121 Suburban Chicago home to 20 additional Fortune 500 HQs HQs 20 Allstate Corp. 7,808 1 Dow 30 HQ (3 in Source: World Business Chicago Chicagoland)

COLLEGES & UNIVERSITIES PROFESSIONAL SPORTS TEAMS 100+ Institutions | 670,000+ Students NBA, NFL, MLB & NHL Illinois University Northwestern DePaul Institute of Chicago Chicago Chicago Chicago Chicago of Chicago University University Loyola UIC Technology Bulls Bears Cubs White Sox Blackhawks

16,445 21,208 23,110 16,422 30,539 7,266 Students Students Students Students Students Students

NBA NFL MLB CVS PharmacyMLB • Chicago,NHL IL 20 OGILVIE TRANSPORTATION CENTER (METRA TRAINS) BUS ROUTES J14 20 56 60 124 157 124 60 56 20 J14 ROUTES BUS Transportation Map Pink Line Line Orange Lane Bike Protected Lanes Bus Designated Link Loop Route Bus BUS ROUTES J14 20 56 60 124 157 124 60 56 20 J14 ROUTES BUS (METRA & AMTRAK TRAINS) &AMTRAK (METRA UNION STATION

KEY

BUS 124 BUS CLINTON

CANAL BUS 124 BUS Purple Line Station Train El Station Bike Divvy Line Green Line Brown

Chicago River LOWER WACKER LOWER

Willis Tower

FRANKLIN

WELLS WELLS CONGRESS PRKWY

HARRISON LASALLE WASHINGTON RANDOLPH MADISON JACKSON MONROE ADAMS LOWER WACKER DR WACKER LOWER

VAN BUREN CLARK LAKE ISLAND DISTRICT) ISLAND LASALLE STREET STREET LASALLE (METRA ROCK ROCK (METRA

STATION DEARBORN

STATE STREET STATE

WABASH AVENUE WABASH

BUS ROUTES 20 60 124 157 124 60 20 ROUTES BUS

MICHIGAN AVENUE MICHIGAN BUS ROUTES J14 56 56 J14 ROUTES BUS (METRA DISTRICT) ELECTRIC MILLENIUM STATION MILLENIUM Millennium Park Grant Park Institute of of Institute Chicago The Art Art The N

Chicago Chicago Overview

Chicago is the county seat of Cook County in northeast Illinois. With Chicago has many nicknames which reflect the impressions and over 2.7 million residents, it is the most populous city in the state of opinions about the city’s historical and contemporary environment. Illinois and the third most populous city in the United States. The The best-known include the “Windy City” and the “Second City.” metropolitan area, often referred to as Chicagoland, is home to nearly 10 million people and is the third-largest in the country. ARTS & SPORTS Chicago’s culture includes contributions to the visual arts, novels, film, Chicago is an international hub for finance, commerce, industry, theater (especially improvisational comedy) and music (particularly technology, telecommunications and transportation. In 2012, it was jazz, blues, soul and house music). It also has professional sports listed as an alpha global city by the Globalization and World Cities teams in each of the major professional leagues – Major League Research Network. In 2014, it was ranked seventh in the world in Baseball (Chicago Cubs and Chicago White Sox), National Basketball the Global Cities Index, a bi-annual published ranking of global Association (Chicago Bulls), National Football League (Chicago cities based on a city’s ability to help set global agendas, weather Bears) and National Hockey League (Chicago Blackhawks). transnational dangers and serve as hubs of global integration.

CVS Pharmacy • Chicago, IL 23 Economy

As of 2014, Chicago had the third-largest gross metropolitan product in the United States at $610.5 billion. Currently, it is ranked at the seventh-most expensive city with the tenth-highest wages in the world according to a recent report released by UBS. It is also frequently rated as having the most balanced economy in the United States due to its high level of diversification. Other major rankings and distinctions for Chicago and its surrounding metropolitan area include: fourth-most important business center in the world in the MasterCard Worldwide Centers of Commerce Index; greatest number of new or expanded CHICAGO & CHICAGOLAND ECONOMIC DISTINCTIONS corporate facilities in the United States for calendar year 2014; third-largest science and engineering work for force of any 3rd-Largest GDP in U.S. metropolitan area in the nation; ninth place on UBS’s list of the 10th-Highest Wages in the World world’s richest cities; second-largest central business district in 4th-Most Important Business Center in the World* the country; host of the third-most conventions annually; and third-largest labor pool in the United States with approximately Greatest Number of New or Expanded Corporate Facilities in the U.S. 4.48 million workers in 2014. 3rd-Largest Science & Engineering Workforce of any Metro Area in the U.S. 9th-Richest City in the World** Chicago is a major world financial center and is the headquarters 2nd-Largest Central Business District in the U.S. for the Federal Reserve Bank of Chicago, as well as major financial and futures exchanges, including the Chicago Stock 3rd-Largest Labor Pool in the U.S. Exchange, the Chicago Board Options Exchange, the Chicago *MasterCard Worldwide Centers of Commerce Index **UBS’s World Richest Cities Index Mercantile Exchange and the Chicago Board of Trade. Additionally, Chase Bank has its commercial and retail banking headquarters in the city’s .

Chicagoland is home to 12 Fortune Global 500 companies and 17 Financial Times 500 companies, as well as five Dow 30 companies – Boeing, Kraft Foods, McDonald’s, Holding Corporation and the technology spin-offs of Motorola. It is also home to United Continental Holdings and its United Airlines subsidiary.

Healthcare, manufacturing, printing, publishing and food processing also play major roles in the city’s economy, with major operations for Baxter International, Abbott Laboratories, the Healthcare Financial Services division of General Electric, GE Transportation, ThyssenKrupp North America and Archer Daniels Midland based in and around Chicago.

CVS Pharmacy • Chicago, IL 24 Demographics

Population .5 miles 1 mile 3 miles

2000 Population 6,161 24,617 241,124

2010 Population 10,461 46,388 276,425

2018 Population 12,776 61,591 317,233

2023 Population 13,833 71,636 341,244

2010-2018 Annual Rate 2.45% 3.50% 1.68%

Households .5 miles 1 mile 3 miles

2000 Households 2,537 14,746 118,096

2010 Households 3,990 26,579 146,145

2018 Total Households 5,336 36,082 170,223

2023 Total Households 5,954 42,252 184,174 . 5

2010-2018 Annual Rate 3.59% 3.78% 1.87% m il 1 e s m ile Household Income .5 miles 1 mile 3 miles

2018 Median Household Income $101,554 $95,561 $80,184

2018 Average Household Income $134,561 $134,305 $120,391

3 m il es 24k $134k population avg. HH inc. (1 miles) (1 miles)

CVS Pharmacy • Chicago, IL 25 Jason Maier Senior Director going beyond [email protected] +1 646.841.0627 New York Broker License #10301215989 Ashley Wilhide Operations Analyst [email protected] +1 646.845.8424 BJ Feller Managing Director [email protected] +1 312.240.0194 Isaiah Harf Director [email protected] +1 312.777.2437

Stan Johnson Company New York City 180 Madison Avenue | Suite 1500 New York City, NY 10016 P: +1 646.778.5560 stanjohnsonco.com

The information contained herein was obtained from sources believed reliable, however, Stan Johnson Company makes no guaranties, warranties or representations as to the completeness thereof. The presentation of this property for sale, rent or exchange is submitted subject to errors, omissions, change of price or conditions, or withdrawal without notices.