OFFERING

MEMORANDUM 900 North 4th Street, Sunbury, PA 17801 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

900 North 4th Street, Sunbury, PA 17801 Table of Contents Tenant Overview 4-5 Financial Analysis 6 Investment Overview 7 Location Overview 8 Surrounding Area 9 Property Photos 10-11 Regional Map 12 Market Overview 13 Demographics 14 Tenant Overview

Table of Contents About Turkey Hill Turkey Hill Minit Markets is an American chain of convenience stores founded in Lancaster, Pennsylvania, in 1967. Turkey Hill Minit Markets provides fresh food and beverages each and every day. Turkey Hill Minit Markets also offer a large variety of food and snacks, including the largest selection of Turkey Hill Ice Cream and Drinks.

As of February 2018 British Operator, EG Group, announced the purchase of ’s convenience store unit which includes Turkey Hill Mini Markets. Previously owned by , a subsidiary of Kroger, Turkey Hill has OWNERSHIP: over 260 store locations in Pennsylvania, the Columbus, Ohio area, and Indiana. Each store is well-maintained and staffed with great people who want to make EG Group your shopping experience as convenient as possible. Tenant: Corporate WEBSITE:

WWW.TURKEYHILL.COM TENANT NAME FOUNDED Turkey Hill Minit Market 1967

HEADQUARTERS LOCATIONS Lancaster, Pennsylvania 260+ OWNERSHIP EG Group

LEASE GUARANTOR Corporate WEBSITE www.turkeyhill.com 4 Turkey Hill – Sunbury, PA Tenant Overview

EG Group is the world’s leading independent fuel station and convenience retailer, with a diversified port- folio of sites across 8 countries in Europe and North America. By the end of 2019, we will operate 5,000 sites globally, employing more than 25,000 people and generating pro-forma revenues in excess of US $20 billion.

EG Group has made a significant commitment to delivering a modern consumer retail offer which exceeds expectations and creates a true ‘one stop’ retail destination to satisfy multiple consumer missions.

As part of our strategy to deliver profitable growth, EG Group partners with premium brands across its product and service offerings. On the fuel side, EG Group partner with prominent fuel brands such as Esso, BP, Shell and Texaco. In convenience retail, the business has cultivated relationships with well-known retail and grocery brands, while EG Group’s food to go partners include globally recognized brands such as Starbucks, Burger King and Subway.

What We Do Who We Are EG Retail

Our structure is based on organizing our Our structure is based on organizing our core business activities into three distinct core business activities into three distinct business units, namely EG Fuel, EG Retail business units, namely EG Fuel, EG Retail and EG Business, all supported by EG and EG Business, all supported by EG Shared Services. Through our main shared Shared Services. Through our main shared service center in Blackburn, UK, we are service center in Blackburn, UK, we are able to manage our accounting, reporting able to manage our accounting, reporting and information technology functions and information technology functions from a central location. Satellite service from a central location. Satellite service centers in Breda, Netherlands and centers in Breda, Netherlands and Cincinnati, Ohio in the US provide Cincinnati, Ohio in the US provide additional cover. additional cover.

5 Turkey Hill – Sunbury, PA Financial Analysis PRICE: $912,523 | CAP: 6.50% | RENT: $59,314

PROPERTY DESCRIPTION RENT SCHEDULE Property Turkey Hill Minit Market Lease Year(s) Annual Rent Monthly Rent Rent Escalation (%) Property Address 900 N 4th Street City, State, ZIP Sunbury, PA 17801 Year 1-15 $39,000.00 $3,250.00 - Year Built / Renovated 1991 Building Size 3,362 SF Lot Size +/- 0.49 Acres Option Schedule Type of Ownership Fee Simple Option 1 LEASE SUMMARY Year 16-20 $44,850.00 $3,737.50 15.00% Property Type Net-Leased Gas & Convenience Option 2 Ownership Type Private Year 21-25 $51,577.50 $4,298.13 15.00% Option 3 Tenant / Guarantor Turkey Hill/EG Group Year 26-30 $59,314.13 $4,942.84 15.00% Original Lease Term 15.0 Years Lease Commencement October 1, 1993 Initial Term Expiration September 30, 2008 Current Option Period October 1, 2018 Commencement Current Option Period Expiration August 31, 2023 Lease Term Remaining 3.50+ Lease Type NNN Roof, Structure, Parking Lot Tenant Responsible Greater of 15% or 1/2 Percentage Rental Increases Increase in CPI Two (2), Five (5)-Year Options, One Options to Renew (1), Four (4)-Year and Eleven (11)- Month Option

6 Turkey Hill – Sunbury, PA Investment Overview

Actual Site About the Investment ✓ 26 Year Operating History At This Location! ✓ Original 15-Year Triple Net (NNN) Lease | 3.5+ Years of Term Remaining ✓ Tenant Exercised Its First Three Renewal Options ✓ Strong Corporate Guarantee | World’s Leading Independent Fuel Station and Convenience Store Operator - $12+ Billion in Revenue About the Location ✓ Nearby US Route 11 Brings Over 18,810 Vehicles To Sunbury Each Day and An Additional 9,800+ Vehicles Travel Directly Passed This Turkey Hill Each Day ✓ National Tenants in Close Proximity Include: Weis Markets, Weis Gas N’ Go, Sherwin Williams, Dunkin’ Donuts, Firestone, M&T Bank, Advance Auto Parts, Ford, and Many More ✓ Shikellamy High School and Chief Shikellamy Elementary School| 1.5 Miles Away | 1,125+ Students ✓ Bucknell University and Susquehanna University| Each Located Less Than Ten-Miles From This Turkey Hill | Combined Annual Enrollment Exceeds 5,000 Students ✓ UPMC Susquehanna-Sunbury| 70-Bed Facility Ranked Among the Best in the Country | One Mile Away Representative Photo ✓ Weis Markets Corporate Offices | 2.5 Miles Away About the Tenant / Brand ✓ Founded in Lancaster, Pennsylvania in 1967, Turkey Hill Minit Markets Operates Over 260 Stores Throughout The Northeast ✓ In February 2018, British Convenience Store Operator, EG Group, Announced the Purchase of Kroger’s Convenience Store Unit Which Includes Turkey Hill Mini Markets ✓ EG Group is the World’s Leading Independent Fuel Station and Convenience Store Operator With Over $12 Billion in Revenues and Pro-Forma Revenues in Excess of $20 Billion

7 Turkey Hill – Sunbury, PA Location Overview Property Address: 900 North 4th Street, Sunbury, PA 17801

This Turkey Hill is located at 900 North 4th Street in Sunbury, Pennsylvania. Sunbury is located in Northumberland County along the east bank of the Susquehanna River. Sunbury, Pennsylvania is the location of Weis Market’s Corporate Headquarters. Weis Market’s is a popular Mid-Atlantic food retailer, with a strong customer base throughout Central Pennsylvania.

This Turkey Hill is situated on the hard corner of North 4th Street and Lincoln Street. On average, approximately 9,800 vehicles travel along North 4th Street each day. Bringing additional traffic directly into Sunbury is PA Route 147, which experiences an average daily traffic count that exceeds 14,150 vehicles. There are over 26,967 individuals residing within 5-mile radius of this Family Dollar ADTC: 9,800 and approximately 69,962 within a 10-mile radius. The 5-mile population and 10-mile population demographics are expected to increase through 2023.

This Turkey Hill benefits from being well-positioned within the main retail corridor of Sunbury, in close proximity to a variety of national and local tenants. Major national tenants in the immediate area include: Weis Markets, Weis Gas N’ Go, Sherwin Williams, Dunkin’ Donuts, Firestone, M&T Bank, Advance Auto Parts, Ford, and many more. Located one-mile from this Turkey Hill is UPMC Susquehanna-Sunbury, a 70-bed hospital offering emergency, medical, and surgical care. There are also two public schools located within a 1.5-mile radius of this Turkey Hill. Shikellamy High school and Chief Shikellamy Elementary School have a combined average enrollment of 1,125+ students each year. Located within a 10-mile radius of this Turkey Hill are Bucknell University and Susquehanna University. The two colleges have a combined annual enrollment that exceeds 5,000 students.

Sunbury has a rich history that it is dedicated to preserving, while also promoting economic development opportunities, and spurring community reinvestment. Sunbury has changed over the years and is becoming a regionally competitive 21st century urban center, while still maintaining it’s small-town character.

8 Turkey Hill – Sunbury, PA Surrounding Area Property Address: 900 North 4th Street, Sunbury, PA 17801

Chief Shikellamy School

9 Turkey Hill – Sunbury, PA Property Photos

10 Turkey Hill – Sunbury, PA Surrounding Area Photos

Turkey Hill – Sunbury, PA 11 Regional Map Property Address: 900 North 4th Street, Sunbury, PA 17801

12 Turkey Hill – Sunbury, PA Market Overview City: Sunbury | County: Northumberland | State: Pennsylvania Sunbury, Pennsylvania Sunbury is a city in Northumberland County, located along the east bank of the Susquehanna River. Thomas Edison features in the town’s history, and the historic Edison Hotel was renamed in his honor. Other historic sites include the Beck House, Northumberland County Courthouse, and Sunbury Historic District, all listed on the National Register of Historic Places. Sunbury is one of three principal cities in the Bloomsburg-Berwick- Sunbury, Pennsylvania Combined Statistical Area. There are numerous notable businesses that call Sunbury home to their headquarters, including Weis Markets, a regional supermarket chain operating in seven states. Weis Markets is also a significant employer of the city of Sunbury and the region as a whole. Sunbury is home to multiple different lower level schools within the Shikellamy School District which is the local public school system. Shikellamy High School boasted an 84% graduation rate according to the district report card in 2010.

Major Employers Employer Estimated # of Employees Evangelical Med Services Organization 1,296 Evangelical Community Hospital 1,206 Home Care Products & Pharmacy 1,000 Bucknell University 945 Weis Markets 769 Butter Krust Baking Co Incorporated 700 Walmart 641 USP Lewisburg 579 Sanmina Corporation 500 Susquehanna University 477 Geisinger Medical Center 404

Turkey Hill – Sunbury, PA 13 Demographics Property Address: 900 North 4th Street, Sunbury, PA 17801 3 Miles 5 Miles 10 Miles POPULATION 10 Miles 2024 Projection 19,086 27,014 71,615 2019 Estimate 19,115 26,967 69,962 2010 Census 19,838 27,871 69,914 2000 Census 20,163 28,229 68,388 5 Miles INCOME Average $53,872 $62,257 $71,854 Median $44,037 $48,341 $53,294 Per Capita $23,259 $26,440 $29,528 3 Miles HOUSEHOLDS 2024 Projection 8,178 11,436 28,288 2019 Estimate 8,131 11,333 27,337 2010 Census 8,588 11,858 27,567 2000 Census 8,606 11,772 25,934

HOUSING 2019 $108,577 $127,247 $148,439

EMPLOYMENT 2019 Daytime Population 20,457 25,615 72,198 2019 Unemployment 4.95% 4.57% 4.59% 2019 Median Time Traveled 22 Mins 23 Mins 22 Mins

RACE & ETHNICITY White 91.51% 92.94% 92.99% Native American 0.04% 0.03% 0.03% African American 2.37% 1.91% 2.05% Asian/Pacific Islander 0.60% 0.78% 1.45%

14 Turkey Hill – Sunbury, PA EXCLUSIVE NET LEASE OFFERING

Sean Beuche Marcus & Millichap 900 N 4th Street, Sunbury, PA 17801 Title: Regional Manager, License: #RM424190