Bob Havasi [email protected] (888) 525-5695 x10 Cooper Commercial Investment Group 6120 Parkland Blvd., Suite 206 Dan Cooper Cleveland, OH 44124 [email protected] www.coopergrp.com (888) 525-5695 x12

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INVESTMENT SUMMARY Investment Highlights …………….……… Highlights Investment Investment Overview …………………..… Overview Investment …………………………. Location Overview …….………….………… Summary Offering ………..………………….. Tenant Overview

PROPERTY ANALYSISPROPERTY Site Plans ……………………………………… Aerial MapAerial ..…………………….……………. Location Maps .………………….…………… ..………………….…...……… Demographics & Confidentiality …....……… Disclosure

3 Northwood McDonald’s INVESTMENT HIGHLIGHTS  Single-Tenant Ground Lease Location with High-Profile,  Ground Lease Structure: Tenant Responsible for ALL McDonald’s (NYSE: MCD/S&P BBB+/Moody's B2): Recently Expenses Directly, Creating No Management Responsibilities Extended Term (18 Years Remaining) with Multiple Rental to the New Owner (McDonald’s Has Been Operating at This Increases, Plans for a Future Remodel & Two-Lane Drive-Thru Location for Over 27 Years)  Freestanding McDonald's Strategically Positioned as Outlot  Desirable Suburban Community with Short Commute to Location to Great Eastern Shopping Center (Dollar General, Toledo (5.5 Miles) with Immediate Proximity to High-Profile Super Dollar Tree & Sally Beauty) and Centrally Located Along Employers: ProMedica Bay Park Hospital (0.5 Miles), Toledo Main Retail Corridor Surrounded by Other Complimentary Refining Company/PBF Energy and the Sunoco Pipeline (1.4 National Retailers: Meijer, Applebee’s, Menard’s, Advance Miles) With 600+ Employees Between Both Plants Creating a Auto Parts, Arby’s and Taco Bell Constant Flow of Traffic to the McDonald’s  Strong, Densely Populated Location with Over 108,500 Within  Along Woodville Road with Highly Visible, Prominent a 5-Mile Radius Plus Students Attending the Adjacent Owens Signage and Situated Within Close Proximity From Major Community College (8,500 Students) and the University of Crossroads: I-280, I-80 and I-75; Only Minutes From Toledo (23,085 Students and Academic Staff of Nearly 2,300 International Seaport, Inland Port, Air Cargo Hub and Members) International Airport

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5 in are Wood 75 I- Additionally, 600+ employees between -hand on a 282-acre site to the area creating a 90 I- southeast of the city in northeastern / 80 I- is a 72 private bed hospital with a professional office INVESTMENT OVERVIEW OVERVIEW INVESTMENT with Toledo Several rail lines intersect in Northwood, providing easy access to

Toledo Refining Company/PBF Energy and the Sunoco Pipeline

west west of I-280, which is a 12.41-mile-long highway that connects Northwood with direct access to I-280 and Route 2. The property sits just along Woodville Road, one of the most heavily traveled roadways in The property was developed with high visibility and prominent signage from from the property and building with doctor’s offices and outpatient rehabilitation. and and employment density. ProMedica Bay Park Hospital is located 0.5 miles students).The population within5-miles is over 108,500 people. activity at the area. The property is also surrounded by a heavy population Community College (8,500 students) and the University of Toledo (23,085 hubcargo and internationalairport. located located in the direct vicinity. The popular tenants provide a steady flow of suburban residents, along with students that attend the adjacent Owens only minutes away from an international seaport, an inland port, an air Applebee’s, Menard’s, Advance Auto Parts, Arby’s and Taco Bell are all also the located 1.4 miles from the property both plants that work hand-in and offer constant flow of activity at the center. Furthermore, the area attracts northeast County. local, state, national and international markets. The City of Northwood is Tree, Dollar General, Sally Beauty Supply, Curves and H & R Block.Meijer, is home to several high-profile, national retailers, including: Super Dollar front front of Great Eastern Shopping Center, a 336,112 square foot property that years) and hand-picked this site for their desire to be located directly in “BBB+”/Moody’s “B2”) who has been in this location since it was built (27 The 5,590 S.F. building accommodates McDonald’s (NYSE: MCD/S&P

stabletenant in aneconomically strong market. providing an investor with the opportunity to acquire an exceptionally property is being offered for $1,295,000, representing a 4.00% CAP Rate, responsibilities as the tenant is responsible for all expenses directly. The Being on a Ground Lease, the new owner will have no management has has plans for a future remodel along with adding a second drive-thru lane. the term and adding four additional option periods. The McDonald’s also years of lease term remaining) with multiple rental increases throughout through 2035 picking up all four option periods from the original term (18 of of Toledo. The property recently extended the ground lease for 20 years Lease location in Northwood, Ohio, a suburb approximately 5.5 miles south ownership to sell the 100% fee simple interest in the McDonald’s Ground The Cooper Commercial Investment Group has been exclusively retained by

6 -hand on a 282-acre site), in 90 southeast of the city in I- 80/ I-

with Toledo in northeast LOCATION OVERVIEW OVERVIEW LOCATION Several Several rail lines intersect in Northwood, providing easy access to 75 I- Wood County. northeastern local, state, national and international markets. The City of Northwood is only minutes away internationalfrom an seaport, inlandan port, aircargoan hub and internationalan airport. Located virtually at the crossroads of North America's most accessible highways, Northwood is at the center of it all. From Canada to Florida, I-75 connects the north and south. Interstate 80/90 bisects I-75 five miles south of Northwood providing direct links Ohio between and Northwest the east and west Commercial Truck Zone, coasts. and because of this, Northwoodaccess to the services of some is 100 truck lines as located within the well Toledo as Metropolitan air freight and United major Parcel Services employers are readily are accessible. within Additionally, Community Hospital (72 private several bed hospital the with a professional office building with doctor’s direct vicinity offices of and the outpatient McDonald’s, rehabilitation), Toledo including Pipeline (600+ Refining employees Bay between Company/PBFboth plants Park that Energy work hand- and Sunoco creating a constant creating a flowactivityofMcDonald’s. the to It might be only a mile Northwood is wide full of and economic have opportunity. Located a in the total middle County, Northwood, of Ohio, rapidlyis only area growing a few Wood miles of from the intersection 8.4 of the Ohio square Turnpike and I-75, miles, a major crossroad butto consumer and industrial the markets. Northwood City is located 5.5 of miles southeast of Toledo, Ohio. The property also sits just west of I-280, which is a 12.41-mile-long highway that connects In addition to its accessibility to centered in an area the that offers exceptional nation's educational, technological and best cultural resources. transportation network, Education, Northwood training is and job training options Immediately to adjacent match the to needs Northwood of technical education, training any and workplace is literacy programs. industry At least 25 other abound. colleges Owens and Community universities are College within a one which hour drive, specializes including the University StatetheUniversity, MedicalCollege Ohioof and the of University Michigan. in of Toledo, Bowling Green Being a suburb of Toledo, the fourth most populous city in seat of the Lucas County, the State property is surroundedof by a large Ohio population and employmentand base. the county The largest employer in Toledo is the students an academic staff University of nearly 2,300 members. The healthcare of industry is now the city's Toledo. The university biggest boasts employment 23,085 sector with the university operating a 450-acre Health Science also campus, known as the University of Toledo Medical Center. The metro area is also home to three Fortune 500 companies: Dana Corporation, Owens Corning and Owens Illinois. Additionally,Fifth-Third Bank's Northwest Ohio headquarters is located in Downtown known Toledo. as the Toledo Glass is City because of its long industry: history windows, of bottles, innovation windshields, in construction all materials, aspects and of glass the Toledo Museum art, of glass Art has of a large collection. Several which large glass thecompanies have their origins in Toledo. Owens-Illinois, Owens Corning, Libbey Glass, Pilkington North America Libbey (formerly Owens Ford), and Therma-Tru have long been a grew staple of quickly Toledo's economy. as Toledo a result of between the Miami New and York Erie and Canal Chicago. and particularly its It position has in on since the glass railway become line a andhealthcare, local and sports teams. city auto well known assembly, for as its industry, well as for its art community, education,

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PSF $9.26 $9.26 $10.18 $11.20 $12.32 $13.55 $14.91 $16.40 $18.04

Annual

$51,750.00 $56,925.00 $62,618.00 $68,879.00 $75,767.00 $83,344.00 $91,678.00 McDonald’s Ground LeaseGround 18 Years 1990 7/23/2035 (4) 5-Yr. Options Yes None Tenant Responsibility Tenant Responsibility Tenant Responsibility Tenant Responsibility Tenant Pays Directly Tenant Responsibility Tenant Responsibility $100,846.00

Monthly Monthly $4,312.50 $4,743.75 $5,218.17 $5,739.92 $6,313.92 $6,945.33 $7,640.75 $8,403.83

TENANT SUMMARY TENANT Tenant Base Rent Schedule Rent Base Tenant Option toOption Extend: (s):Rental Increase toOptions Terminate: Roof: HVAC: Maintenance: & Lot Parking Repair Area Common Maintenance: Real Taxes: Estate Insurance: Structure: Tenant Name: Lease Type: Remaining Lease Term: Tenant Since: Date:Lease Expiration Current: Bump (2020): Bump (2025): Bump (2030): 1:Option 2:Option 3;Option 4:Option

$0 $0 1990 1990 4.00% $51,750 $51,750 $51,750 $51,750 $51,750 5,590 S.F. 1.46 Acres $1,295,000 Block/Metal

Approx. 47Approx. Spaces Financial Data Financial

OFFERING SUMMARY OFFERING

Exterior: Exterior: Parking: Lot Size: Year Built: CAP Rate: NOI: Gross LeasableGross Area: Price:

NOI: Expenses: Effective Income: Gross Tenant Reimbursements: Rental Income:

8 Founded Founded in 1940, McDonald’s McDonald’s restaurants Corporation in operates the U.S. and and reports franchises internationally. operation The of company 36,899 restaurants, including restaurants 31,230 comprising 21,559 franchised franchised to conventional franchisees, 6,300 licensed to development affiliates, licensees, and 3,371 5,669 licensed company-operated restaurants to offer restaurants. various foreign food The products, soft drinks, company's coffee, beverages, including famous items from the menu including the Big and Mac, other Quarter Pounder with Cheese, Filet-O-Fish, several chicken sandwiches, Chicken McNuggets, wraps, McFlurry french desserts, fries, sundaes, beverages. In salads, addition, soft the restaurants oatmeal, sell a serve during limited-time range promotions. shakes, McDonald's restaurants also offer a full of other cones, products pies, or and limited McCafe breakfast McMuffin, Sausage menu. McMuffin with Breakfast Egg, hotcakes. and sandwiches, McGriddles, offerings biscuit and may bagel include Egg

McDonald’s McDonald’s Woodville Road2700 Northwood,OH 43619 Ground Lease S.F. 5,590 MDC NYSE: “B2” “BBB+” 36,899+ Oakbrook, IL www.mcdonalds.com

Web Site: Web Headquartered: # of Locations: Moody’s Rating: Credit Rating: Credit S&P Ticker Symbol: Ticker Rentable Area: Property Type:

Property Address: Property Name:

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Former Woodville Mall Woodville Former

Refining Plant Sunoco Co. Pipeline

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37 14.0 24.0 5.9% 7.4% 3.0% 9.3% 7.6% 0.7% 1.4% 0.3% 32.9% 23.9% 10.1% 13.1% 71.0% 21.4% 15,138 $55,402 $47,337 $23,922 211,706 363,003 362,734 371,635 396,513 155,493 160,771 153,128 160,671 10 mi radius

14.8 21.7 35.2 8.6% 4.7% 9.2% 8.3% 4.6% 1.3% 0.8% 0.5% 4,999 12.3% 13.1% 35.8% 24.2% 68.4% 21.7% 74,049 44,092 46,948 43,187 46,233 $47,294 $39,551 $19,576 108,574 111,696 110,433 119,694 5 mi radius 5 mi radius

11.8 31.6 36.7 9.7% 7.8% 3.9% 0.5% 7.4% 0.7% 0.5% 9.3% 4.2% 1,576 82.1% 13.5% 11.2% 39.3% 24.0% 18,598 20,204 20,677 19,699 20,579 49,753 49,170 50,407 53,228 $52,424 $45,024 $21,371 3 mi radius 3 mi radius

222 13.2 13.5 38.1 2.5% 0.1% 2.3% 1.1% 0.4% 4.6% 9.7% 2.7% 9.3% 2,918 1,273 1,280 1,202 1,290 2,982 2,899 2,927 3,099 10.4% 12.0% 91.7% 35.3% 27.8% $60,892 $53,126 $26,138 1 mi radius 1 mi radius

1447 2017 Estimated Employee Population per Business 2017 Estimated Residential Population Businessper 2017 Estimated CapitaPer Income 2017 Estimated Elementary (Grade Levelto 0 8) 2017 Estimated Some High School (Grade Level 9 to 11) 2017 Estimated High School Graduate 2017 Estimated Some College 2017 Estimated Associates Degree Only 2017 Estimated Bachelors Degree Only 2017 Estimated Graduate Degree 2017 Estimated Total Businesses 2017 Estimated Total Employees Projected Annual Growth 2017 to 2022 White2017 Estimated 2017 Estimated Black American or African 2017 Estimated Asian or Pacific Islander 2017 Estimated American Indian or Native Alaskan 2017 Estimated Other Races 2017 Estimated Hispanic 2017 Estimated Average Household Income 2017 Estimated Median Household Income 2017 Estimated Population 2022 Projected Population 2010 Census Population 2000 Census Population 2017 Median Age 2017 Estimated Households 2022 Projected Households 2010 Census Households 2000 Census Households AND AND RACE INCOME (AGE 25+) BUSINESS ETHNICITY EDUCATION POPULATION HOUSEHOLDS 2700 Woodville Rd Rd Woodville 2700 OH 43619- Northwood,

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DISCLOSURE & DISCLAIMER DISCLOSURE The contains Memorandum selected information topertaining the property and does not purport to be a representation of or Property the of owner the to Property, be or all-inclusive to contain or all the state of affairs of the part of the information evaluate which the perspective purchase Recipients based only are and purposes reference general for provided are information of may real require property. to on All assumptions financial relating projections competition to and and other the factors beyond general Cooper the Group. economy, control All of references market disclosed the herein owner related conditions, footages and/or or to other measurements may acreage, The be approximations square and the best not do herein included of information summaries The available. information purport to be complete nor necessarily agreements accurate descriptions referenced. of Photos the herein full owners are and use of these images without the the express written consent of the Property and prohibited. is owner respective The owner and the Cooper Group expressly reserve discretion, to reject the any or right, all expressions at of interest or its offers to sole purchase the Property, and/or terminate discussions with any entity and with any time or without notice Memorandum. which may arise as a result of review Neither of the this owner or directors, officers, affiliates or the representatives make any representation or Cooper Group, warranty, expressed nor or implied, as to the any accuracy or completeness of of this Memorandum their respective or its investigators contents; and inspections and of purchase you of the the Property. The information contained are property in this document has in to evaluating to been from sources obtained be While the Cooper does not Group reliable. rely a possible solely doubt on its accuracy, your the Cooper Group guarantee, warranty or has representation about it. not It is your responsibility verified to it and independently makes confirm no the accuracy and opinions, completeness. assumptions or Any estimates used are projections, for example only and do represent the not current or future performance of the Property. The value of this transaction to you depends on tax and other factors advisors. legal and financial which tax, your by evaluated should be

DISCLOSURE, CONFIDENTIALITY & DISCLAIMER & CONFIDENTIALITY DISCLOSURE, CONFIDENTIALITY AGREEMENT AGREEMENT CONFIDENTIALITY

further interest in the acquisition of the Property. Property. ofthe acquisition the in interest further limited limited use and benefit in determining whether you desire to express recognized. This is a confidential Memorandum intended solely for your your for solely intended Memorandum is confidential a This recognized. acknowledgment acknowledgment from The Cooper Group for representation to be provide written introductions of potential investors and receive written written receive and investors of potential introductions written provide from all parties to the investment transaction. Procuring brokers must must brokers transaction. Procuring to the investment from parties all acknowledgement acknowledgement of any procuring Brokerage Agreement is received written written Brokerage Agreement is entered into and written broker broker fees in connection with this investment unless a separate Recipient nor The Cooper Group shall be obligated to pay any procuring pay any procuring to be obligated Group shall Cooper nor The Recipient Group. Group. Other than The Cooper Group, recipient agrees that neither investment investment proposal shall be forwarded, to confidentiality, The Cooper request. request. Any offers or inquiries from Recipient in connection with this information information will be returned to The Cooper Group upon written copies copies thereof are the property of The Cooper Group and that all such acknowledges acknowledges and agrees that the Confidential Information and any confidentiality confidentiality of the Confidential Information. The Recipient shall shall take all precautions reasonably necessary to protect the individuals individuals in the Recipient’s organization with a “need to know” and The Recipient shall limit access to the to Confidential Information those from dissemination of that information to unauthorized individuals. of such a confidential nature that severe monetary damage could result Recipient acknowledges Recipient and acknowledges agrees that the Confidential Information is to any party without the prior consent of The Cooper Group. The media media is confidential in nature and is not to be copied or disseminated information information was transmitted orally, in print, in writing or by electronic Property Property (collectively, the Confidential Information), whether said information information provided by The Cooper Group which relates to the information, information, projections, data information and any other similar limited limited to lease information, occupancy information, financial contractual, contractual, marketing, and informational materials including but not property (the “Property”). The recipient acknowledges that all financial, that all financial, acknowledges The recipient (the “Property”). property organization organization for use in considering, evaluating and/or purchasing this of the investment information to be supplied to you and your package (the “Recipient”) and The Cooper Group and the confidentiality and Group and The the package “Recipient”) Cooper confidentiality (the understanding understanding regarding the relationship between the Recipient of this The information within this Offering Memorandum will set forth an

Bob Havasi [email protected] (888) 525-5695 x10 Cooper Commercial Investment Group 6120 Parkland Blvd., Suite 206 Dan Cooper Cleveland, OH 44124 [email protected] www.coopergrp.com (888) 525-5695 x12