NET LEASE INVESTMENT Dollar Tree & Osaka Hibachi Grill & Sushi Outparcel to 2900 Colorado Avenue, Joliet, IL 60431 PROPERTY OVERVIEW PRICING We are pleased to offer to qualified investors an opportunity to purchase a two tenant NNN investment fully leased to Dollar Tree and Osaka Hibachi Grill & Sushi. Exceptionally located List Price $3,225,000 just off Hwy 55 in Joliet, IL and as an outparcel to the Louis Joliet Mall; this property benefits NOI $232,250 from the prominent retail trade area surrounding it (regional draw) which includes tenants CAP Rate 7.23% such as The Home Depot, Target, PetSmart, Cinemark, Michaels, McDonald’s, Wendy’s, and Taxes NNN many more. Insurance NNN Showcasing the strength of this location and their commitment to the property, Dollar Tree CAM NNN has elected to extend the current lease term by two years (through 6/30/2023) and exercise their second option early committing to this location through 6/30/2028. This is an excellent S&P BB+ opportunity to acquire a two tenant building which features a brand new roof, a Fortune 500 company with 10 years remaining, along with a personally guaranteed lease for a Japanese MOODY’S grill and sushi restaurant on a brand new 5 year lease with 2% annual increases providing Ba1 an effective inflation hedge.

DOLLAR TREE | JOLIET, IL 2 LEASE ABSTRACT Investment Highlights • Dollar Tree (NYSE: DLTR) - Fortune 500 Company Tenant Trade Name Dollar Tree - Operates & Owns Family Dollar Lease Start July 1, 2004 • Operates Over 13,600 Stores Across 48 States and Canada Lease Expiration June 30, 2028 • NNN Lease Structure - Minimal LL Responsibilities Lease Term 24 Years - Roof and Structure Only Term Remaining On Lease 10 Years • Long Term Stable Cash Flow - Over 10 Years Remaining on Dollar Tree Base Rent $107,250 • Dollar Tree - 5% Rental Increases Every 5 Years (Including Options) 6% Rental Increase Rental Adjustments • Long Term Commitment to the Property - Elected to Extend Lease Early Jul-23: $113,750 • Osaka Hibachi Grill & Sushi - Personally Guaranteed Lease Two 5-Year Option Periods • Commitment to Location – Osaka’s Ownership Invested Over 5% Increases Each Option: Option Periods 7/1/2028: $120,250 $750,000 of their Own Money for Tenant Improvements 7/1/2033: $126,750 • 2% Annual Rental Increases - Inflation Hedge 7/1/2038: $133,250 Location Highlights LEASE ABSTRACT • Strategically Located - Just off Hwy 55 - One of the Main North/South Tenant Trade Name Osaka Hibachi Grill & Sushi Artery Through Colorado Ave. Lease Start January 1, 2018 • Prominent Retail Trade Area for Region - Outparcel to Louis Joilet Mall Lease Expiration December 31, 2022 • Surrounding Retailers - The Home Depot, Target, PetSmart, Cinemark, Lease Term 5 Years Michaels, McDonald’s, Wendy’s Term Remaining On Lease 5 Years • Strong Surrounding Demographics - 71,411 Residents within 3-Miles Base Rent $126,000 • Affluent Community - $84,454 AHHI within 3-Mile 2019: $128,520 • Ideal 1031 Exchange Asset - Available Free & Clear of Any Existing Debt 2020: $131,090 Rental Adjustments 2021: $133,712 2022: $136,386 Two 5-Year Option Periods Option Periods 2% Annual Increases Throughout Lease Type NNN Lease Roof & Structure Landlord Responsible

DOLLAR TREE | JOLIET, IL 3 55 85,278 CPD

MALL LOOP DR. Osaka

22,800 CPD RING RD.

COLORADO AVE. LOUIS JOLIET POINTE SHOPPING CENTER VOYAGER LN.

DOLLAR TREE | JOLIET, IL 4 JOLIET COMMONS LOUIS JOLIET POINTE SHOPPING CENTER

DISTRIBUTION CENTER

33,996 CPD

LINCOLN HWY.

VOYAGER LN. Osaka

COLORADO AVE.

Parcel DetailsTONTI DR. Dollar Tree 13,000 SF Osaka 7,000 SF Land Size 79,279 SF

DOLLAR TREE | JOLIET, IL 5 DOLLAR TREE OVERVIEW

Headquartered in Chesapeake, VA, Dollar Tree is the largest 13,600 and most successful single-price-point retailer in North STORES Osaka America, operating 13,600 stores across 48 contiguous U.S. 48 STATES Osaka Hibachi Grill & Sushi is an all you states and five Canadian provinces, supported by a solid can eat buffet style restaurant. and scalable logistics network. Its stores are supported by - Personally Guaranteed Lease a nationwide logistics network of eleven distribution centers.

Each Dollar Tree stocks a variety of products including national, regional, and private- label brands. Departments found in a Dollar Tree store include health and beauty, food and snacks, party, seasonal décor, housewares, glassware, dinnerware, household cleaning supplies, candy, toys, gifts, gift bags and wrap, stationery, craft supplies, teaching supplies, automotive, electronics, pet supplies, and books. Most Dollar Tree stores also sell frozen foods and dairy items such as milk, eggs, pizza, ice cream, frozen dinners, and pre-made baked goods.

DOLLAR TREE | JOLIET, IL 6 PARCEL DETAILS

PARCEL DETAILS

APN 03-25-105-005 Year Built 1993 Building Size 20,000 SF 1.82 Acres Land Size (79,279 SF)

DOLLAR TREE | JOLIET, IL 7 Chicago is the third-most populous city in the United States. With over 2.7 million residents, it is also the most populous city in both the state of and the Midwestern United States. It is the county seat of Cook County. The Chicago metropolitan area, often referred to as Chicagoland, has nearly 10 million people and is the third-largest in the United States.

Positioned along Lake Michigan, the city is an international hub for finance, commerce, industry, technology, telecommunications, and transportation. O’Hare International is the second-busiest airport in the world when measured by aircraft traffic; the region also has the largest number of U.S. highways and railroad freight. In 2012, Chicago was listed as an alpha global city by the Globalization and World Cities Research Network, and it ranked seventh in the world in the 2016 Global Cities Index. Chicago has the third-largest gross metropolitan product in the United States—about $640 billion according to 2015 estimates. In 2016, Chicago hosted a record 54 million domestic and international visitors, making it one of the most visited cities in the United States.

DOLLAR TREE | JOLIET, IL 8 CITY OF JOLIET, IL Joliet is the third largest city in Illinois by population, and the second Joliet is home to a strong and diverse retail base including a major largest municipality in the state by land area. It is the County seat regional mall. Retail opportunities exist within numerous commercial of Will County, and has territory extending into Kendall County. corridors as infill sites and as vacant pads. Joliet benefits from two major interstate highways (I-80 and I-55), Manufacturing and logistics continue to two Metra commuter lines, Amtrak service, and is the home of the expand with Amazon, IKEA,Mars, Whirlpool, CenterPoint Intermodal Center which is North America’s largest Saddle Creek Logistics and others selecting inland port served by Union Pacific and BNSF freight service. Joliet as home. State of the art health care is provided by Presence-St. Joseph Hospital. The City is 25 miles from Chicago Midway International Airport and 45 miles from Chicago O’Hare International Airport. Lewis University The business community is active and well Airport is located 7 miles from the City, providing corporate and represented. The Joliet Area Chamber of general aviation service. Joliet Regional Airport is a Park District Commerce, Joliet City Center Partnership and Heritage Corridor public use airport located within the City limits. Convention & Visitors Bureau all provide support of local business and promote the interests of Joliet. The University of St. Francis has two campus locations within the City serving 3,700 students. operates two sites Major attractions in Joliet include historic downtown architecture, the within the community. The Main Campus and the new Joliet City Rialto Theater, Harrah’s Casino, Hollywood Casino, Center Campus both provide quality degree and vocational education baseball at Silver Cross Field, NASCAR at , to the area. Many public and private schools serve residents with K Joliet Historical Museum, Route 66 Visitors Center, Ironworks Park, through 12 opportunities. Bicentennial Park, , and four regional bicycle trails.

DOLLAR TREE | JOLIET, IL 9 Population 1-MILE 3-MILE 5-MILE Estimated Population (2017) 8,537 71,411 192,589

Projected Population (2022) 8,623 72,146 194,461

Households 1-MILE 3-MILE 5-MILE Osaka

Estimated Households (2017) 2,921 24,729 65,001

Projected Households (2022) 2,949 24,986 65,625

DOLLAR TREE | JOLIET, IL 10 $$

Income 1-MILE 3-MILE 5-MILE

Avg. Household Income (2017) $94,710 $84,454 $83,267

Median Household Income (2017) $81,909 $70,001 $68,435 Osaka Business Facts 1-MILE 3-MILE 5-MILE

Total # of Businesses (2017) 398 2,581 5,923

Total # of Employees (2017) 5,923 24,206 67,646

DOLLAR TREE | JOLIET, IL 11 This Offering Memorandum contains select information pertaining to the Owner and Colliers International expressly reserve the right, at their sole business and affairs of Dollar Tree - Joliet, IL. It has been prepared by Colliers discretion, to reject any and all expressions of interest or offers to purchase the International. This Offering Memorandum may not be all-inclusive or contain all of Property and to terminate discussions with any person or entity reviewing this the information a prospective purchaser may desire. The information contained Offering Memorandum or making an offer to purchase the Property unless and in this Offering Memorandum is confidential and furnished solely for the purpose until a written agreement for the purchase and sale of the Property has been fully of a review by a prospective purchaser of the Property. It is not to be used for executed and delivered. any other purpose or made available to any other person without the written consent of Seller or Colliers International. The material is based in part upon If you wish not to pursue negotiations leading to the acquisition of Dollar Tree information supplied by the Seller and in part upon financial information obtained - Joliet, IL or in the future you discontinue such negotiations, then you agree to from sources it deems reliable. Owner, nor their officers, employees, or agents purge all materials relating to this Property including this Offering Memorandum. makes any representation or warranty, express or implied, as to the accuracy A prospective purchaser’s sole and exclusive rights with respect to this or completeness or this Offering Memorandum or any of its contents and no prospective transaction, the Property, or information provided herein or in legal liability is assumed or shall be implied with respect thereto. Prospective connection with the sale of the Property shall be limited to those expressly purchasers should make their own projections and form their own conclusions provided in an executed Purchase Agreement and shall be subject to the terms without reliance upon the material contained herein and conduct their own due thereof. In no event shall a prospective purchaser have any other claims against diligence. Seller or Colliers International or any of their affiliates or any of their respective By acknowledging your receipt of this Offering Memorandum from Colliers, you officers, Directors, shareholders, owners, employees, or agents for any damages, agree: liability, or causes of action relating to this solicitation process or the marketing or sale of the Property. 1. The Offering Memorandum and its contents are confidential; This Offering Memorandum shall not be deemed to represent the state of affairs 2. You will hold it and treat it in the strictest of confidence; and 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. 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.

Colliers International | 3 Park Plaza, Suite 1200 | Irvine, CA 92614 | Snyder/Carlton Team

Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. This publication is the copyrighted property of Colliers International and /or its licensor(s) 2015. All rights reserved

DOLLAR TREE | JOLIET, IL 12 For More Information, contact:

Spencer O’Donnell Jereme Snyder Eric Carlton Broker of Record: Associate Vice President Executive Vice President Executive Vice President Peter Block | Executive Vice President License No. 01954051 License No. 01360233 License No. 01809955 License No. 471002226 949.724.5536 949.724.5552 949.724.5561 312.343.1800 [email protected] [email protected] [email protected] [email protected]