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NAPA Auto Parts 901 Ogden Avenue ▪ Downers Grove, IL 60515

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NAPA Auto Parts 901 Ogden Avenue ▪ Downers Grove, IL 60515 NAPA Auto Parts 901 Ogden Avenue ▪ Downers Grove, IL 60515 INVESTMENT HIGHLIGHTS SUMMARY ◙ Single Tenant Investment Property ◙ SALES PRICE: $1,791,428 ◙ Minimal Landlord Responsibilities ◙ CAP RATE: 7.0% ◙ Exceptional Investment Grade Credit Tenant ◙ NAPA is part of the Automotive Parts Group of Genuine Parts OFFERED BY Company (publicly traded, NYSE:GPC) ◙ Proven Location—Independent Auto Parts store for over 50 years. Tenant has occupied the site since 2007. James K. Dunn 630-487-2119 ◙ Four years remaining term [email protected] ◙ 10,500 square foot building on .43 acres, Zoned “ Commercial” Bryan Barus, CCIM, CPM ◙ Ranked #2 in “Total Sales” out of all thirty-five (35) stores in Managing Broker 630-487-2111 the NAPA Chicago MSA retail network. [email protected] Page 1 Confidentiality Agreement 901 Ogden Avenue ▪ Downers Grove, IL 60515 This Investment Offering Memorandum has been prepared by Suburban Real Estate Services, Inc. (“Broker”) for use by a limited number of parties and does not purport to provide a necessarily accurate summary of the Property or any of the documents related thereto, nor do they purport to be all-inclusive or to contain all of the information which prospective investors may need or desire. All projections have been developed by Seller, Broker, and designated sources, and are based upon assumptions relating to the general economy, competition, and other factors beyond the control of Seller, and therefore are subject to modification, verification or withdrawal without notice. No representation is made by Seller or Broker as to the accuracy or completeness of the information contained herein, and nothing contained herein is, or shall be relied on as, a promise or representation as to the future performance of the Property. Although the information contained herein is believed to be correct, Seller and its officers, directors and employees disclaim any responsibility for inaccuracies and expect prospective purchasers to exercise independent due diligence in verifying all such information. Further, Broker, Seller and its officers, directors and employees disclaim any and all liability for representations and warranties, expressed and implied, contained in, or omission from, the Investment Offering Memorandum or any other written or oral communication transmitted or made available to the recipient. The Investment Offering Memorandum does not constitute a representation that there has been no change in the business or affairs of the Property or Seller since the date or preparation of the Investment Offering Memorandum. Analysis and verification of the information contained in the Investment Offering Memorandum is solely the responsibility of the prospective purchaser. Additional information and an opportunity to inspect the Property will be made available upon request by interested and qualified prospective investors. Seller and Broker each expressly reserve the right, at their sole discretion, to reject any and all expressions of interest or offers regarding the Property and/or terminate discussions with any entity at any time with or without notice. Seller shall have no legal commitment or obligation to any entity reviewing the Investment Offering Memorandum or making an offer to purchase the Property unless and until such offer is approved by Seller, a written agreement for the purchase of the Property has been fully executed, delivered and approved by Seller and its legal counsel and any conditions to Seller’s obligations thereunder have been satisfied or waived. This Investment Offering Memorandum and the contents, except such information which is a matter of public record or is provided in sources available to the public, are of a confidential nature. By accepting the Investment Offering Memorandum you agree that you will hold and treat it in the strictest confidence, that you will not photocopy or duplicate it, that you will not to disclose the Investment Offering Memorandum or any of the contents to any other entity (except to outside advisors retained by you if necessary, for your determination of whether or not to make a proposal and from whom you have obtained an agreement of confidentiality) without the prior written authorization of Seller or Broker, and that you will not use the Investment Offering Memorandum or any of the contents in any fashion or manner detrimental to the interest of Seller or Broker. Page 2 Executive Summary 901 Ogden Avenue ▪ Downers Grove, IL 60515 Investment Highlights Corporate Guaranty from Leading Service Provider The tenant entity on the lease is the Genuine Parts Company (NYSE: GPC) doing business as NAPA Auto Parts. GPC is a service organization engaged in the distribution of automotive replacement parts, industrial replacement parts, office products, and electrical/electronic materials. Founded in 1928, the company serves tens of thousands of customers throughout the United States, Canada, Mexico, Australia and New Zealand. Genuine Parts Company’s common stock is traded on the New York Stock Exchange under the symbol “GPC.” As of December 31, 2016, the company reported revenue of $15.34 billion, a net income of $687.24 million, and a net worth of $3.20 billion. Highly Passive NNN Lease Structure NAPA is responsible for the maintenance and repairs of the Property and fully reimburses Landlord for taxes and insurance. Landlord responsibilities are limited to roof and structure. Tenant has a major maintenance cap of $11,500, per occurrence., with both Landlord and Tenant participation above the cap. Auto Parts Operating History The Property was formerly an Independent Auto Parts store, and leased to NAPA Auto Parts in 2007. The location has successfully operated as an auto parts store for more than 50 years, building a strong and loyal customer base. Strong Local Demographics NAPA serves a population of more than 262,213 residents with an average household income of $108,545 within a 5-mile radius. Outstanding Visibility & Access The Property is in the heart of a dense retail corridor on Ogden Avenue in Downers Grove. Ogden Avenue is the main thoroughfare with more than 45,100 vehicles passing by the site daily. Fellow retailers along this stretch of roadway include Starbucks, Chipotle, Chase Bank, and more. Page 3 Financial Summary 901 Ogden Avenue ▪ Downers Grove, IL 60515 OFFERING SUMMARY ◙ Tenant: Genuine Parts Company ◙ Doing Business As: NAPA Auto Parts ◙ Building Size: 10,500 SF ◙ Lot Size: .43 acres ◙ Rent Commencement: August 1, 2007 ◙ Lease/Rent Expiration: July 31, 2022 ◙ Lease Type: NNN ◙ Landlord Responsibilities: Structure, foundation, percentage participation in major maintenance expenses exceeding $11,500 per occurrence ◙ Insurance: Tenant reimburses Landlord ◙ Taxes: Tenant reimburses Landlord ◙ CAM: Tenant responsible for maintenance and repairs ◙ Utilities: Tenant pays directly ◙ HVAC: Tenant responsible for maintenance, repair, and replacement ◙ Property ID: DuPage County: 09-05-306-011 FINANCING ◙ Sale Price: $1,791,428 ◙ Cap Rate: 7.0% ◙ NOI: $125,400 ◙ Down Payment (25%): $447,857 ◙ Loan Amount: $1,343,570 ◙ Interest Rate: 5.25% ◙ Amortization: 25 Years ◙ Term: 5 Years ◙ Cash Flow After Debt Service: 10.81% Page 4 Location Overview 901 Ogden Avenue ▪ Downers Grove, IL 60515 NAPA Auto Parts The National Automotive Parts Association (NAPA), founded in 1925, is a retailers’ cooperative distributing automotive replacement parts, accessories and service items in North America. In 1936, NAPA opened its first location, an existing Atlanta auto parts store purchased from an owner. Nearly a century later, NAPA continues to serve auto service professionals, do-it- yourselfers and everyday drivers with quality parts and supplies to keep cars, trucks and equipment performing safely and efficiently. In the U.S., NAPA now includes over 58 distribution centers, 16,000 NAPA Auto Care Centers and more than 6,000 independently-owned and company-owned Auto Parts stores. NAPA carries an extensive inventory of more than 475,000 parts for automotive and industrial applications. More wholesale customers use NAPA than any other parts supplier and 94% of do-it- yourself customers recognize the NAPA brand. There’s a reason for it. NAPA Auto Parts Store owners are backed by dynamic advertising initiatives designed to drive customers to their stores. NAPA is part of the Automotive Parts Group of Genuine Parts Company (NYSE: GPC), a service organization engaged in the distribution of automotive replacement parts, industrial replacement parts, office products, and electrical/electronic materials. NAPA operates NAPA Canada, Auto Todo in Mexico and Repco in Australia and New Zealand. Genuine Parts Company’s common stock is traded on the New York Stock Exchange under the symbol “GPC.” As of December 31, 2016, the company reported revenue of $15.34 billion, a net income of $687.24 million, and a net worth of $3.30 billion. Page 5 Location Overview 901 Ogden Avenue ▪ Downers Grove, IL 60515 Community Profile Downers Grove, Illinois is located in the heart of DuPage County, just 22 miles west of Chicago. Since its founding in 1832, Downers Grove has been a destination for those who want to raise a family, and for those who want to build a business. It is a proud community of 49,000 who have made Downers Grove their home. It is also home to thousands of businesses who benefit from our strategic location and business-friendly environment. Downers Grove is a premier location for business. We are home to many corporate and regional headquarters. In addition to Class A office parks, Downers Grove has sites for commercial and industrial tenants and opportunities for redevelopment projects. Downers Grove is located in the heart of the I-88 and I-355 corridors. O’Hare and Midway Airports are less than thirty minutes away. Our community is served by three Metra stations, including one in our vibrant downtown. Downers Grove has seven hotels, including two full service hotels. Downers Grove is also home to Advocate Good Samaritan Hospital, which has the only Level One trauma center in DuPage County. The Village of Downers Police and Fire Departments, as well as the Emergency Management Team, ensure that our community is safe and well prepared.
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