™ OFFERING MEMORANDUM for lease or sale 2575 W. Higgins Rd Hoffman Estates, IL ™

BARRINGTON RD ± 36,000 ADT

W. HIGGINS RD ± 30,000 ADT

2 | Matthews exclusively listed by

conrad sarreal Associate [email protected] DIR (310) 919-5760 BARRINGTON RD ± 36,000 ADT MOB (626) 230-1006 contents LIC # 01982875 (CA)

EXECUTIVE SUMMARY 04 michael pakravan SVP & National Director property information [email protected] 06 DIR (310) 919-5737 MOB (213) 219-3111 LIC # 01706065 (CA) 10 surrounding tenants chad kurz SVP & National Director 14 area OVERVIEW [email protected] DIR (214) 692-2927 MOB (562) 480-2937 LIC # 01911198 (CA)

pat weibel BROKER OF RECORD LIC # 471018266

Hoffman Estates, IL | 3 location highlights

Property

• Excellent Condition – See pages 8 and 9 for recent photos showing a clean and clear space

• Ample Parking – The nearly 2-acre lot contains 115 parking spaces

location

• Active Intersection – Located one-off from the intersection of Barrington Rd and W Higgins Rd that sees an impressive average traffic count of ±66,000 VPD

• Top 3 MSA – MSA is the 3rd largest in the US ahead of Dallas/Fort Worth with an estimated population of 9.5 million

• Affluent Suburb – Hoffman Estates is among one of Chicago’s wealthier suburbs with average household incomes over $100,000

• Large Medical Center - 5 Minutes away from AMITA Health St. Alexius Medical Center (339 beds) and Alexian Brothers Behavioral Health Hospital

• Strong Retail Synergy - Nearby National Retailers include Mariano’s grocer, NTB, Walgreens, Chase Bank, McDonald’s, Burger King, IHOP, Starbucks, Chili’s and more

• Nearby Airport – 25 minutes from O’Hare International Airport

4 | Matthews Representative Photo

Hoffman Estates, IL | 5 property information

6 | Matthews FOR LEASE or sale 2575 W. Higgins Rd Hoffman Estates, IL 60169 List Price ���������������������������������������������������������������������������������������������������������Offers elcomeW 5-Mile Demographics

Asking Rent ����������������������������������������������������������������������������������������������������������� $18/SF NNN AVERAGE NUMBER OF POPULATION Parcel...... 07-07-100-025 HOUSEHOLD INCOME HOUSEHOLDS Gross Leasable Area ��������������������������������������������������������������������������������������������� ± 8,458 SF Lot Size ������������������������������������������������������������������������������������������ ± 1.95 Acres (85,029 SF) Year Built �������������������������������������������������������������������������������������������������������������������������������1994 Parking...... ± 115 Surface Spaces 203,754 $106,861 73,141 Parking Ratio ��������������������������������������������������������������������������������������������������13.59 : 1,000 SF

PARCEL MAP

BARRINGTON RD ± 36,000 ADT

W. HIGGINS RD ± 30 ,000 ADT

Hoffman Estates, IL | 7 interior

8 | Matthews Hoffman Estates, IL | 9 surrounding tenants

10 | Matthews stonegate properties

Hoffman Estates, IL | 11 12 | Matthews regional map

local map

Hoffman Estates, IL | 13 AREA OVERVIEW

14 | Matthews HOFFMAN ESTATES, IL

Hoffman Estates is a village in , United States. The village is located primarily in Cook County with a small section in Kane County. As of the 2010 census, the village population was 51,895. The village is a suburb of Chicago and was incorporated in 1959.

Hoffman Estates now serves as the headquarters location for the Sears Holdings Corporation, the Midwest headquarters for AT&T, and the American headquarters for Mori Seiki. The village owns the Sears Centre, home of the of the Legends Football League, the of the & the of the NBA D-League. In 2009, the village hosted the Heartland International Tattoo, one of the largest music and dance festivals of its kind in the Midwest.

Hoffman Estates has made major strides in the areas of business and economic development, inter-agency cooperation, and growth management. With an expanding population base in the region, the Village of Hoffman Estates is poised for future growth, both commercially and residentially. Hoffman Estates also offers good employment prospects, DOWNTOWN CHICAGO, IL excellent educational amenities, and a modern infrastructure. 30 MILES FROM HOFFMAN ESTATES, IL

DEMOGRAPHICS

POPULATION 3 Mile 5 Mile 7 Mile HOUSEHOLDS 3 Mile 5 Mile 7 Mile 2022 Projection 74,407 197,601 397,949 2022 Projection 27,693 73,852 143,945 2017 Estimate 74,435 201,399 394,452 2017 Estimate 27,546 73,141 142,232 2010 Census 74,472 203,754 388,351 2010 Census 27,233 71,829 139,154 2000 Census 74,981 205,065 377,169 2000 Census 27,091 70,453 134,463 HOUSEHOLD GROWTH 3 Mile 5 Mile 7 Mile Percent Change: 2017 to 2022 0.53% 0.97% 1.20% Percent Change: 2010 to 2017 1.15% 1.83% 2.21% INCOME 3 Mile 5 Mile 7 Mile 2017 Estimated Average $101,521 $106,861 $104,657 Household Income

Hoffman Estates, IL | 15 Hoffman estates LIFESTYLE The community is a model for the “live-play-work” generation. It has affordable to high-end homes, over seven square miles of open space, with numerous parks and two major forest preserves with hiking and biking trails. The local park district operates several high-quality parks and recreational facilities with a variety of amenities.

ECONOMY

Over 26,000 people are employed by the more than 800 businesses operating in Hoffman Estates. The employees are drawn from the pool of almost 3 million workers who reside within a 60-minute commute of the Village. The Village unemployment rate, 3.2% (2017 - Bureau of Labor Statistics), is below state and national averages. The Village of Hoffman Estates is a full-service municipal community, providing police, fire, public works, and social services. The Village’s ability to provide such services is supported by sound financial planning, as evidenced by the community’s bond ratings of Aa2 TRANSPORTATION (Moody’s) and AA+ (S&P).

Located 25 miles northwest of Downtown Chicago and 12 miles from O’Hare International Airport, Hoffman Estates is accessible to the entire Chicagoland region. The Village is a suburb of Chicago and is a part of the Chicago Top Employers Metropolitan Statistical Area. Sears Holdings Corporation Hoffman Estates enjoys access to major regional roadways, including the AT&T Inc. Jane Addams Tollway (I-90), as well as state routes 58 (Golf Road), 59 St. Alexius Medical Center (Sutton Road), 62 (Algonquin Road), 68 (Roselle Road), and 72 (Higgins GE Capital Road). The Village of Hoffman Estates is near several major airports: Career Education Corporation • O’Hare International Airport (14 mi.) ADP • Schaumburg Regional Airport (5 mi.) Siemens Medical Solutions • DuPage Regional Airport (12 mi.) • Chicago Executive Airport (15 mi.) Leopardo Liberty Mutual Metra rail stations are located nearby on Springinsguth Road (in Claire’s Schaumburg) and in Palatine and Barrington.

16 | Matthews points of interest

Bridges of Poplar Creek Country Club is an 18 Hole Championship golf course & learning center, open to the public. The country club also holds an 8,200-square- AMITA Health St. Alexius Medical Center Hoffman Estates treats the whole person, foot event area with a majestic gazebo and waterfall that makes for exceptional offering care for the physical, emotional, mental and spiritual well-being. The 318 weddings and other special occasions. For large, mid-size and small groups, style licensed - bed, state-of-the-art facility, offers the latest in emergency medical options from formal to casual fare rule the perfectly executed day. services, heart and vascular care, cancer care, OB and women’s services, lab and imaging services, surgical services and access to top physicians.

Sears Centre Arena is an 11,800-seat multi-purpose family entertainment, cultural and sports center. Seating capacity for the arena ranges from 3,000-6,000 for theater shows; 9,400 for football, hockey, and soccer games; 10,000 for games and 11,800 for concerts. The centre is situated in Prairie Stone Business Park, immediately north of the Jane Addams Memorial Tollway (I-90) and As the northwest corridor’s leading conference center, The Stonegate features over west of Illinois Route 59. 17,000 square ft. of flexible function space, on-site audio visual, and a dedicated support staff of meeting service professionals. The banquet facility-wedding reception venue is perfect, not only for large parties and wedding receptions, but also for business meetings and conferences.

Hoffman Estates, IL | 17 CHICAGO, IL

Situated on the southwestern shore of Lake Michigan, the City of Chicago covers an area of 60,000 hectares and sits 176 meters above sea level. Chicagoland is an informal name for the metropolitan area associated with the city of Chicago and its suburbs and has no official definition. The region is often considered to include areas beyond its corresponding MSA, as well as portions of the greater CSA.

Chicago has one of the world’s largest and most diversified economies, with more than four million employees and generating an annual gross regional product (GRP) of over $575 billion, which is more than countries like Sweden and Norway. Having been listed as an alpha global city by the Global Cities Index, it is a key player in every sector from risk management innovation and information technology to manufacturing and health services.

The city is an efficient economic powerhouse, home to more than 400 major corporate headquarters, including 31 in the Fortune 500. Boeing, United Continental Holdings, Inc., Exelon Corporation, R. R. Donnelley & Songs Company, and Archer Daniels Midland are just a few of the Fortune 500 companies based in the area. Motorola Solutions, Inc. intends to move their headquarters from Schaumburg, IL to Chicago in the coming future. McDonald’s has become the latest Fortune 500 company to establish its presence in Chicago as it is preparing to move its headquarters from Oak Brook, IL to the windy city by early 2018. ±2.7 MILLION $612 BILLION CSA Population GDP

18 | Matthews

CONFIDENTIALITY & DISCLAIMER STATEMENT

This Leasing Package contains select information pertaining to the business and affairs of Vacant Building located at 2575 W. Higgins Rd, Hoffman Estates, IL 60169. It has been prepared by Matthews Real Estate Investment Services. This Leasing Package may not be all-inclusive or contain all of the information a prospective purchaser may desire. The information contained in this Leasing Package is confidential and furnished solely for the purpose of a review by a prospective purchaser of the Property. It is not to be used for any other purpose or made available to any other person without the written consent of Seller or Matthews Real Estate Investment Services. The material is based in part upon information supplied by the Seller and in part upon financial information obtained from sources it deems reliable. Owner, nor their officers, employees, or agents makes any representation or warranty, express or implied, as to the accuracy or completeness of this Leasing Package or any of its contents and no legal liability is assumed or shall be implied with respect thereto. Prospective purchasers should make their own projections and form their own conclusions without reliance upon the material contained herein and conduct their own due diligence.

By acknowledging your receipt of this Leasing Package for the Property, you agree:

1. The Leasing Package and its contents are confidential;

2. You will hold it and treat it in the strictest of confidence; and

3. You will not, directly or indirectly, disclose or permit anyone else to disclose this Leasing Package or its contents in any fashion or manner detrimental to the interest of the Seller.

Owner and Matthews Real Estate Investment Services expressly reserve the right, at their sole discretion, to reject any and all expressions of interest or offers to purchase the Property and to terminate discussions with any person or entity reviewing this Leasing Package or making an offer to purchase the Property unless and until a written agreement for the purchase and sale of the Property has been fully executed and delivered.

If you wish not to pursue negotiations leading to the acquisition of the Property or in the future you discontinue such negotiations, then you agree to purge all materials relating to this Property including this Leasing Package.

A prospective purchaser’s sole and exclusive rights with respect to this prospective transaction, the Property, or information provided herein or in connection with the sale of the Property shall be limited to those expressly provided in an executed Purchase Agreement and shall be subject to the terms thereof. In no event shall a prospective purchaser have any other claims against Seller or Matthews Real Estate Investment Services or any of their affiliates or any of their respective officers, Directors, shareholders, owners, employees, or agents for any damages, liability, or causes of action relating to this solicitation process or the marketing or sale of the Property.

This Leasing Package shall not be deemed to represent the state of affairs of the Property or constitute an indication that there has been no change in the state of affairs of the Property since the date this Leasing Package. For lease or sale 2575 W. Higgins Rd Hoffman Estates, IL

exclusively listed by

conrad sarreal michael pakravan chad kurz Associate SVP & National Director SVP & National Director [email protected] [email protected] [email protected] DIR (310) 919-5760 DIR (310) 919-5737 DIR (214) 692-2927 MOB (626) 230-1006 MOB (213) 219-3111 MOB (562) 480-2937 LIC # 01982875 (CA) LIC # 01706065 (CA) LIC # 01911198 (CA)

pat weibel BROKER OF RECORD LIC # 471018266

™

Hoffman Estates, IL | 21