KFC 11 8307 S South Ave | CHICAGO, IL 60617 OFFERINGKFC-Chicago,KFC-Orlando,FL MEMORANDUM IL || exclusively listed by ETHAN WALCHIRK Associate CONTENTS [email protected] DIR 925.718.7523 08 Financial Overview MOB 925.818.9156 LIC # 02102912 (CA) chuck evans 10 PROPERTY Overview Senior Associate [email protected] DIR 925.319.4035 11 AREA Overview MOB 925.323.2263 LIC # 01963473 (CA)

Kyle Matthews Broker of Record LIC # 471019766 (IL)

KFC-Orlando,FL | 2 2 | Matthews Real Estate Investment Services™ S JEFFREY BLVD ±19,008 VPD

S.CHICAGO ST ±31,720 VPD

KFC-Chicago,KFC-Orlando,FL IL || 33 Surrounding tenants CHICAGO

INTERSTATE 90 ± 34,000 VPD

S.S.CHICAGO CHICAGO ST ST ± ±31,72012,000 VPD VPD

KFC-Orlando,FL | 4 4 | Matthews Real Estate Investment Services™Services CHICAGO VOCATIONAL S.CHICAGO ST S. CHICAGO ST HIGH SCHOOL ± 12,000±31,720 VPD VPD

INTERSTATE 90 ± 34,000 VPD

S.S JEFFERY JEFFREY BLVD BLVD ±±19,008 11,000 VPDVPD

KFC-Chicago,KFC-Orlando,FL IL || 55 OPERATING DRIVE THRU

S.S.CHICAGO CHICAGO STST ± ±31,72012,000 VPD VPD

KFC-Orlando,FL | 6 6 | Matthews Real Estate Investment Services™ Investment highlights

• Long term 11-year lease providing for generational cash flow for passive investors • Absolute NNN ownership ideal for hands off landlords while still capitalizing on depreciation with ownership of the building • Strong hedge against inflation with 10% increases every 5 years • Incredible visibility having over 31,000 CPD passing by this KFC on S South Chicago Ave • Location is open during the Coronavirus with an operating drive thru • Extremely dense demographics with nearly 500,000 people in a 5 mile radius

KFC-Chicago,KFC-Orlando,FL IL || 77 Financial Overview List Price $1,100,000 8307 S South Chicago AveNUE Chicago, IL 60617 Cap RAte 6.10%

GLA ±2,562 SF

Lot Size ± 0.7 AC

S JEFFREY BLVD S.CHICAGO ST ±19,008 VPD Year Built ±31,720 VPD 1985

KFC-Orlando,FL | 8 8 | Matthews Real Estate Investment Services™ Financial Overview cont.

Annualized Operating Data Financial Summary Term Remaining Annual Rent Cap Rate Property Name KFC Years 1 - 5 $67,128.00 6.10% Address 8307 S South Chicago Ave, Chicago, IL 60617 Years 6 - 10 $73,840.80 6.71% Price $1,100,000

Years 11 - 15 $81,224.88 7.38% Cap Rate 6.10%

Rent $67,128.00

Year Built 1985

Lot Size 0.7 AC

Lease Type Absolute NNN

Tenant Emmangela INC

Lease Guarantor Emmangela INC

Roof & Structure Tenant Responsible

lease Commencement Date 09/09/2016

Lease Expiration Date 09/08/2031

Lease Term 11 Years

Rental Increases 10% Every 5 Years

Renewal Options None

KFC-Chicago,KFC-Orlando,FL IL || 99 Tenant Overview

• TYPE: Subsidiary • HEADQUARTERS: • LOCATIONS: 2,2621 Louisville, KY, (U.S) Dallas, TX, (Global) • FOUNDED: 1930 • REVENUE: $23 Billion

Tenant Overview Founded more than 65 years ago and based in Louisville, Kentucky, KFC Corporation is the franchisor of the world’s most popular chicken restaurant chain, KFC. There are over 20,500 KFC outlets in more than 125 countries and territories worldwide, serving in excess of 12 million customers per day.

It is estimated that, on average, more than 185 million people see a KFC commercial at least once a week— that’s more than half the U.S. population. The KFC system serves more than 12 million customers each day in more than 115 countries and territories around the world. KFC operates more than 17,000 restaurants in the United States and internationally.

KFC-Orlando,FL | 10 10 | Matthews Real Estate Investment Services™ ARea Overview

demographics • LOCATIONS: 2,2621 POPULATION 1 Mile 3 Mile 5 Mile CHICAGO • REVENUE: $23 Billion 2025 Projection 33,651 202,400 461,939 Situated on the southwestern shore of Lake Michigan. Chicagoland is an informal 2020 Estimate 34,410 205,020 466,413 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 2010 Census 36,469 207,467 464,243 beyond its corresponding MSA, as well as portions of the greater CSA. Growth 2020-2025 2.21% 1.28% 0.96% Chicago has one of the world’s largest and most diversified economies, with Growth 2010-2020 5.65% 1.18% 0.47% more than four million employees and generating an annual gross regional HOUSEHOLDS 1 Mile 3 Mile 5 Mile 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 2025 Projection 12,540 79,393 175,125 is a key player in every sector from risk management innovation and information 2020 Estimate 12,916 80,855 177,581 technology to manufacturing and health services. 2010 Census 14,168 84,047 180,602 Growth 2020 - 2025 2.91% 1.81% 1.38% Growth 2010 - 2020 8.84% 3.80% 1.67% 2020 Est. Average $58,273 $50,085 $55,526 Household Income KFC-Chicago,KFC-Orlando,FL IL || 1111 NAVY PIER

ECONOMY HIGHER EDUCATION The city is an efficient economic powerhouse, home to more than 400 major Chicago has been a world center of higher education and research with corporate headquarters, including 31 in the Fortune 500. Boeing, United Continental several universities inside its city limits. Most notably, Northwestern Holdings, Inc., Exelon Corporation, R. R. Donnelley & Songs Company, and Archer University and the University of Chicago are two top universities that call Daniels Midland are just a few of the Fortune 500 companies based in the area. the city home. 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 is a large, private research university based in company to establish its presence in Chicago as it moved its headquarters from Evanston with a comprehensive doctoral program. Attracting over $650 Oak Brook, IL to the windy city in early 2018. million in sponsored research each year, Northwestern has the eighth largest university endowment in the country. As a multicultural city that thrives on the harmony and diversity of its neighborhoods, MILLENNIUM PARK Chicago embodies the values of America’s heartland integrity. It is this level of The University of Chicago is one of the world’s leading and most influential diversification that has resulted in Chicago being rated as having the most institutions of higher learning. Its main campus is located seven miles south balanced economy in the United States. Additionally, its central location allows of downtown Chicago in the Hyde Park and Woodlawn neighborhoods. Chicago to be at the center of global trade, transit and data networks. The University of Chicago has many prominent alumni, including 92 Nobel laureates that have been affiliated with the university as professors, students, faculty or staff. KFC-Orlando,FL | 12 12 | Matthews Real Estate Investment Services™ NAVY PIER Navy Pier is Chicago’s lakefront treasure on the shoreline of Lake Michigan. The pier encompasses more than fifty acres of parks, gardens, shops, restaurants, family attractions and exhibition facilities. Drawing nearly nine million visitors annually, WILLIS TOWER JOHN HANCOCK CENTER Navy Pier is one of the most visited attractions in the entire Midwest. Still commonly referred to as Sears Tower, the Willis The John Hancock Center is currently the eighth- Tower is the second-tallest building in the United tallest building in the country. Equipped with States. This bustling community of business, tourism a restaurant and lounge on the 95th floor, the and culture offers breathtaking views of the city Observatory (360 Chicago), and America’s highest from its Skydeck. Visitors can experience the Ledge, indoor swimming pool, the John Hancock Center all-glass balconies that allow visitors to look through appeals to residents and tourists alike. From the the glass floor to the street 1,353 feet below. restaurant, diners can take in views of the city.

Adjacent to downtown and one block east of , the is an upscale section of Chicago’s Michigan Avenue, which runs from the Chicago River to in the Near North Side. Several of the tallest buildings in the country lie in this district, such as the John Hancock Center and the Trump International Hotel and Tower. Serving as the main thoroughfare between Chicago’s Loop business district and Gold Coast, the Magnificent Mile contains a mixture of high-end department MILLENNIUM PARK stores, restaurants, luxury retailers, Located in the Loop community area of the city, Millennium Park is a 25 acre public residential and commercial buildings, park that offers awe-inspiring landscape, breathtaking architecture and an iconic financial services companies and collection of public art, such as the iconic Chicago Bean. It is Chicago’s premier hotels, primarily catering to tourists green space and presents dozens of free events for residents. MAGNIFICENT MILE and the affluent.

KFC-Chicago,KFC-Orlando,FL IL || 1313 CONFIDENTIALITY & DISCLAIMER STATEMENT

This Offering Memorandum contains select information pertaining to the business and affairs ofKFC located at 8307 S South Chicago Avenue | Chicago, IL 60617 (“Property”). It has been prepared by Matthews Retail Advisors. This Offering Memorandum may not be all-inclusive or contain all of the information a prospective purchaser may desire. The information contained in this Offering Memorandum 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 Retail Advisors. 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 Offering Memorandum 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 Offering Memorandum for the Property, you agree:

1. The Offering Memorandum 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 Offering Memorandum or its contents in any fashion or manner detrimental to the interest of the Seller.

Owner and Matthews Retail Advisors 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 Offering Memorandum 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 Offering Memorandum.

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 Retail Advisors 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 Offering Memorandum 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 Offering Memorandum.

KFC-Orlando,FL | 14 14 | Matthews Real Estate Investment Services™ KFC ™ 8307 S South Chicago Ave| Chicago, IL

exclusively listed by

ETHAN WALCHIRK chuck evans Associate Senior Associate [email protected] [email protected] Kyle Matthews DIR 925.718.7523 DIR 925.319.4035 Broker of Record MOB 925.818.9156 MOB 925.323.2263 LIC # 471019766 (IL) LIC # 02102912 (CA) LIC # 01963473 (CA)

KFC-Chicago,KFC-Orlando,FL IL || 1515