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Former Safeway and Safeway Gas Pad (Eagle Bend Marketplace) 22675 & 22771 East Aurora Parkway | Aurora, CO 80016

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Former Safeway and Safeway Gas Pad (Eagle Bend Marketplace) 22675 & 22771 East Aurora Parkway | Aurora, CO 80016 SW Subject Property Offering Memorandum Former Safeway and Safeway Gas Pad (Eagle Bend Marketplace) 22675 & 22771 East Aurora Parkway | Aurora, CO 80016 Denver MSA | 11+ Years of Guaranteed Cash Flow | Value-Add Opportunity Corporately Guaranteed Lease | Absolute NNN Lease | Highly Visible Location Confidentiality and Restricted Use Agreement This Confidential Offering Memorandum (“COM”) is provided by Stan Johnson Company (“SJC”), solely for your consideration of the opportunity to acquire the commercial property described herein (the “Property”). This COM may be used only as stated herein and shall not be used for any other purpose, or in any other manner, without prior written authorization and consent of SJC. Offered Exclusively by This COM does not constitute or pertain to an offer of a security or an offer of any investment contract. This COM contains descriptive materials, financial information and other data compiled by SJC for the convenience of parties who may be interested in the Property. Such information is not all inclusive and is not represented to include all information that may be material to an evaluation of the acquisition opportunity presented. SJC has not independently verified any of the information contained herein and makes no representations or warranties of any kind concerning the accuracy or completeness thereof. All summaries and discussions of documentation and/or financial information contained herein are qualified in their entirety by reference to the actual documents Toby Scrivner and/or financial statements, which upon request may be made available. An interested party must conduct its Senior Director own independent investigation and verification of any information the party deems material to consideration of [email protected] the opportunity, or otherwise appropriate, without reliance upon SJC. CO Lic. # ER1000499399 The Property may be financed or withdrawn from the market without notice, and its owner(s) reserve(s) the right to negotiate with any number of interested parties at any time. The Property is offered and sold by its owner(s) as is, where is, and with all faults, without representation or warranty of any kind except for any customary warranties of title. Stan Johnson Company BY ACCEPTING THIS COM, YOU AGREE THAT: (1) all information contained herein, and all other information you have received or may hereafter receive from SJC relating to the Property, whether oral, written or in any other 6120 South Avenue | Suite 300 form (collectively, the “Information”), is strictly confidential; (2) you will not copy or reproduce, and claim as your Tulsa, OK 74136 own without attribution to SJC, all or any part of this COM or the Information; (3) upon request by SJC at any P: +1 918.494.2690 | F: +1 918.494.2692 time, you will return and/or certify your complete destruction of all copies of this COM and the Information; (4) for yourself and all your affiliates, officers, employees, representatives, agents and principals, you hereby release stanjohnsonco.com and agree to indemnify and hold harmless SJC all of its affiliates, officers, employees, representatives, agents and principals, from and with respect to any and all claims and liabilities arising from or related to the receipt or use of this COM and/or any other Information concerning the Property; (5) you will not provide this COM or any of the Information to any other party unless you first obtain such party’s acceptance and approval of all terms, conditions, limitations and agreements set forth herein, as being applicable to such party as well as to you; and (6) monetary damages alone will not be an adequate remedy for a violation of these terms and that SJC shall be entitled to equitable relief, including, but not limited to, injunctive relief and specific performance, in connection with such a violation and shall not be required to post a bond when obtaining such relief. Table of Contents Section I - About the Investment The Offering ............................................................................................................................................ 5 Investment Highlights ......................................................................................................................... 6 Section II - Property & Tenant Overview “Big Box” Facility Description ........................................................................................................ 8 Strip Map ................................................................................................................................................... 9 Site Plan ................................................................................................................................................... 10 Lease Abstract “Big Box” .................................................................................................................11 Lease Abstract Gas Pad ...................................................................................................................12 Tenant Overview ..................................................................................................................................13 Section III - Market & Location Overview Regional Map .........................................................................................................................................15 Location Overview ..............................................................................................................................16 Subject Property Photos ..................................................................................................................17 Surrounding Retail Photos ..............................................................................................................18 Demographics .......................................................................................................................................19 Section I: About the Investment SE Section I • Safeway & Safeway Gas Pad (Eagle Bend Marketplace) • Aurora, CO • 4 The Offering Stan Johnson Company is pleased to exclusively offer for sale to qualified investors, the opportunity to purchase a former Safeway and a Safeway gas pad ground lease located at 22675 and 22771 East Aurora Parkway in Aurora, CO (the “Properties”). The Properties are situated within Eagle Bend Marketplace, a roughly 100,000 SF development that serves as a primary retail destination for dense surrounding residential neighborhoods. Located less than 20 miles southeast of downtown Denver, the Properties are strategically positioned on Aurora Parkway and adjacent to E-470, the southern bypass around Denver, with daily surrounding traffic counts totaling 67,915VPD. Located in one of Denver’s larger suburban cities, the Properties are within an area that features exceptional demographics with a population in excess of 141,900 and average household income of over $120,000 within a five mile radius. These attributes are very attractive for re- tenanting purposes whereby investors have the potential opportunity to garner more rent per square foot than Safeway’s current rent. This value- add offering has limited downside risk given today’s in-place, 11-year cash flow stream from Safeway. Both the former Safeway “big box” lease and the Safeway gas pad ground lease are corporately guaranteed by Safeway Inc. (S&P: B+/Positive). Safeway, while no longer operating within the facilities, is obligated to fulfill lease responsibilities through June 2027, providing over eleven years of consistent and dependable cash flow. The Safeway “big box” lease is absolute NNN and the Safeway gas pad is an absolute NNN ground lease; both feature no Landlord responsibilities for management, maintenance or repair throughout the base lease term. Typically, in situations with a “dark” asset, the Landlord would inherit the responsibility to manage the common area maintenance. However, in this case, the CAM management has been assigned to a third-party, leaving this a truly passive investment. Safeway Inc., which operates Safeway, Vons, Pavilions, Randalls, Tom Thumb, and Carrs stores, is a Fortune 100 company and a food and drug retailer in the United States with sales of $36.3 billion in 2014 and a net worth of $5.5 billion. In January 2015, Cerberus Capital Management, L.P. SW (parent company of Albertsons), acquired Safeway, completing a merger that created one of the largest food and drug retailers in the country. The new merged company, which includes the Albertsons supermarket chain, has more than 2,200 stores and over 265,000 employees. Subject Property Photo Section I • Safeway & Safeway Gas Pad (Eagle Bend Marketplace) • Aurora, CO • 5 Investment Highlights 11+ Years of Guaranteed Base Term Remaining Safeway Inc. (S&P: B+/Positive) guarantees all obligations of each lease through June 2027, providing over eleven years of consistent and dependable cash flow. Absolute NNN Lease Structures Properties offer investors a passive investment with no Landlord responsibilities for management, maintenance or repair throughout the base lease term. Premier Demographics Properties benefit from a population in excess of 141,900 and average household income of over $120k within a 5-mile radius. Value-Add Opportunity Properties offer investors the potential opportunity to re-tenant the Premises with the possibility of garnering more rent per square foot than Safeway’s current rent. Subject Property Photo This value-add offering has limited downside risk
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