7-ELEVEN (S&P: AA-) 117 Queen City Avenue Manchester, NH 03101

NET LEASE INVESTMENT OFFERING

7-ELEVEN (S&P: AA-) 117 Queen City Avenue Manchester, NH 03101 TABLE OF CONTENTS

I. Executive Summary II. Location Overview III. Market & Tenant Overview Executive Summary Site Plan Tenant Profile Investment Highlights Aerial Location Overview Property Overview Maps Demographics Photos

NET LEASE INVESTMENT OFFERING DISCLAIMER STATEMENT

DISCLAIMER The information contained in the following Offering Memorandum is proprietary and strictly confidential. It is intended STATEMENT: to be reviewed only by the party receiving it from The Boulder Group and should not be made available to any other person or entity without the written consent of The Boulder Group.

This Offering Memorandum has been prepared to provide summary, unverified information to prospective purchasers, and to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation. The Boulder Group has not made any investigation, and makes no warranty or representation.

The information contained in this Offering Memorandum has been obtained from sources we believe to be reliable; however, The Boulder Group has not verified, and will not verify, any of the information contained herein, nor has The Boulder Group conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All potential buyers must take appropriate measures to verify all of the information set forth herein.

NET LEASE INVESTMENT OFFERING EXECUTIVE SUMMARY

EXECUTIVE The Boulder Group is pleased to exclusively market for sale a single tenant net leased 7-Eleven property located SUMMARY: within the Manchester, New Hampshire MSA. The corporately guaranteed 7-Eleven is strategically positioned at a hard corner along the area’s primary east-west thoroughfare. There are approximately four years remaining on the 7-Eleven lease. 7-Eleven is an investment grade tenant with a Standard & Poor’s rating of AA-.

The 20,037 square foot 7-Eleven property is positioned at a hard corner along Queen City Avenue. Queen City Avenue is the primary east-west thoroughfare in the trade area and experiences traffic counts in excess of 26,000 vehicles per day. The 7-Eleven is benefitted by its proximity to Interstate 293 which is located less than three-quarters of a mile west of the property. Interstate 293 experiences traffic counts in excess of 68,000 vehicles per day. Downtown Manchester is located less than two miles north of the property. The surrounding area is densely populated with approximately 18,000 people living within a one mile radius. Additionally, there are over 96,000 people living within a three mile radius of the property. The Verizon Wireless Arena, which is home to the American Hockey League’s Manchester Monarchs, is located one mile north of the property. In addition, the Northeast Delta Dental Stadium, which is home to the New Hampshire Fisher Cats minor league baseball team, is also located approximately one mile north of the property. The surrounding retail trade area features many national retailers such as Sam’s Club, Home Depot, Walmart, Walgreens, CVS, Rite Aid and Price Rite.

There are approximately 4 years remaining on the corporately guaranteed 7-Eleven lease which features three five-year renewal option periods. The lease expires on September 30, 2019. 7-Eleven is an investment grade rated company with a Standard & Poor’s rating of AA-.

NET LEASE INVESTMENT OFFERING INVESTMENT HIGHLIGHTS

INVESTMENT • Located within the Manchester MSA less than two miles south of downtown HIGHLIGHTS: • Corporately guaranteed 7-Eleven lease

• 7-Eleven is an investment grade rated tenant (S&P: AA-)

• Long standing successful operating history at this location since 2001

• No landlord responsibilities

• Densely populated area with approximately 18,000 people living within a one mile radius

• Positioned at a hard corner along Queen City Avenue which is the primary east-west thoroughfare in the trade area

• Close proximity to Interstate 293 which experiences traffic counts in excess of 68,000 vehicles per day

• Less than one and one-half miles from both the Verizon Wireless Arena (home to the Manchester Monarchs AHL hockey team) and the Northeast Delta Dental Stadium (home to the New Hampshire Fisher Cats minor league baseball team)

NET LEASE INVESTMENT OFFERING PROPERTY OVERVIEW

PROPERTY Price: $2,461,250 OVERVIEW: Cap Rate: 8.00%

Net Operating Income: $196,900

Renewal Options: Three 5-Year at FMV

Lease Commencement Date: February 2001

Lease Expiration Date: September 30, 2019

Tenant: 7-Eleven

Credit: Investment Grade (S&P: AA-)

Year Built 1999

Lease Type: NNN

Building Size: 2,500 SF

Land Size: 20,037 SF

NET LEASE INVESTMENT OFFERING SITE PLAN

VERNON STREET

BROWN AVENUE

QUEEN CITY AVENUE (26,000 VPD) N

NET LEASE INVESTMENT OFFERING AERIAL

MANCHESTER WEST HIGH SCHOOL

) GIL STADIUM D NORTHEAST P

V DELTA DENTAL

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(68 Que en City A ven ue (2 6,0 00 VPD)

MANCHESTER MEMORIAL HIGH SCHOOL

MANCHESTER SCHOOL OF

TECHNOLOGY

NET LEASE INVESTMENT OFFERING MAPS

NET LEASE INVESTMENT OFFERING PHOTOS

NET LEASE INVESTMENT OFFERING TENANT PROFILE

TENANT 7-Eleven is part of an international chain of convenience stores with more than 53,000 locations world-wide, making PROFILE: it the world’s largest operation, franchisor and licensor of convenience stores. 7-Eleven branded stores, under parent company Seven & I Holdings Co., are located in 16 countries and 7-Eleven’s American division is headquartered in downtown Dallas, Texas. Seven & I Holdings Co., Ltd. Is a diversified retail group headquartered in Tokyo, Japan. 7-Eleven has recently been ranked by Forbes magazine as No. 2 “Top Franchisee for the Money” for 2012 and No. 3 “Top 20 Franchises to Start” for 2011. Additionally 7-Eleven was ranked No. 3 on Entrepreneur magazine’s “Franchisee 500” and No. 1 in Store Growth by Convenience Store News for 2012.

Website: www.7-eleven.com Number of Locations Worldwide: 53,000 Number of United States Locations: 7,800 Number of Employees: 45,000 Standard & Poor’s Rating: AA-

NET LEASE INVESTMENT OFFERING LOCATION OVERVIEW

LOCATION Manchester is the largest city in the state of New Hampshire, the tenth largest city in New OVERVIEW: England, and the largest city in northern New England, an area comprising the states of Maine, New Hampshire, and Vermont. The Manchester-Nashua metropolitan area, with an estimated population in 2013 of 403,985, is home to nearly one-third of the population of New Hampshire. According to the Equality of Opportunity Project, released in 2013, Manchester ranked as the seventh best metropolitan area in terms of upward income mobility in the United States.

Downtown Manchester’s One City Hall Plaza and the all-black Hampshire Plaza stand 20 stories high and are the tallest New England buildings north of Cambridge, Massachusetts. The Verizon Wireless Arena has become the centerpiece of downtown Manchester. The venue can seat slightly less than 12,000 patrons for concerts, and at least 10,000-seat configurations for sporting and other forms of entertainment. The Verizon is also home to the Manchester Monarchs, the local AHL affiliate of the Los Angeles Kings. Manchester has three main retail areas: downtown Manchester, South Willow Street (NH Route 28) and Second Street, on the West Side. The Mall of New Hampshire is located on South Willow Street, and, with more than 125 stores, is one of the largest shopping centers in southern New Hampshire and central New England.

Interstates 93 and 293 and the F.E. Everett Turnpike are multi-lane highways that connect the metropolitan area to Concord and the White Mountains to the north and Nashua and Boston to the south. The city is served by Manchester-Boston Regional Airport, the fourth largest airport in New England. This airport is located off of Brown Ave, and it is the secondary airport serving Boston, Massachusetts. It is used by most of the nation’s major airlines, with the largest market share held by Southwest Airlines.

NET LEASE INVESTMENT OFFERING DEMOGRAPHICS

DEMOGRAPHIC Population 1 Mile 3 Mile 5 Mile REPORT: Total Population 17,843 96,073 136,245

Total Households 6,878 39,339 54,689

Income 1 Mile 3 Mile 5 Mile

Median Household Income $43,881 $51,909 $56,812

Average Household Income $53,053 $63,666 $73,321

NET LEASE INVESTMENT OFFERING Jimmy Goodman Partner 847.562.8500 [email protected]

Zach Wright 847.562.8849 [email protected]

666 Dundee Road, Suite 1801 Northbrook, IL 60062