CrossAmerica Partners EXCLUSIVE NET - LEASE OFFERING

Offering Memorandum 63 South White Street, Brookville, PA 15825 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

63 South White Street, Brookville, PA 15825 Table of Contents Investment Highlights 4

Financial Overview 5

Tenant Overview 6-8

Location Overview 9

Surrounding Area 10

Property/Area Photos 11-12

Market Overview 13

Demographics 14

Regional Map 15 Investment Highlights

About the Investment ✓ Original 20-Year True Triple Net (NNN) Lease With 8 Years Remaining ✓ One (1), Five (5)-Year and One (1), Four (4)-Year Option to Renew ✓ Corporate Guarantee | Lehigh Gas – 700+ Locations ➢ CrossAmerica Partners (NYSE: CAPL) Acquired Lehigh Gas – 1,200+ Locations ✓ Alimentation Couche-Tard, Inc. Acquired CrossAmerica Partners in 2017 – One of the Largest Operators in the World About the Location ✓ Close Proximity to Interstate 80 | One-Mile from Subject Property | Average Daily Traffic Counts of Approximately 25,580 Vehicles ✓ Average Household Income Exceeds the National Average | $63,312 Within a One- Mile Radius ✓ Brookville Hospital| 35-Bed Critical Access Hospital Located Approximately One- Half of a Mile from the Subject Property | Recent Additional Three-Story Office Development ✓ Positive Real Estate Fundamentals | Located Directly Across from the Main Supermarket in Town ✓ Proximity to National Tenants | Giant Eagle Supermarket, Burger King, Arby’s, Dairy Queen, Pizza Hut, Denny’s, S&T Bank, , Chevrolet, and Many More ✓ Brookville High School | Located One-Mile from the Subject Property | School District Services a Resident Population of 12,485 About the Tenant / Brand ✓ Lehigh Gas Has Over 700 Locations | Acquired by CrossAmerica Partners With 1,200 Locations ✓ CrossAmerica Partners is Publicly Traded on the New York Stock Exchange: CAPL ✓ In 2017, CrossAmerica Partners Was Acquired by Alimentation Couche-Tard, Inc, Which is One of the Largest Convenience Store Operators in the World

Representative Photo

CrossAmerica Partners – Brookville, PA 4 Financial Overview PRICE: $590,437 | CAP: 8.00% | RENT: $47,235

PROPERTY DESCRIPTION RENT SCHEDULE Monthly Property CrossAmerica Partners Lease Year(s) Annual Rent Rent Escalation (%) Property Address 63 South White Street Rent City, State, ZIP Brookville, PA 15825 Year 12 $46,537.00 $3,878.08 - Year 13 $47,235.06 $3,936.25 1.50% Year Built / Renovated 1987/2006 Year 14 $47,943.58 $3,995.30 1.50% Building Size 2,400 SF Year 15 $48,662.73 $4,055.23 1.50% Lot Size +/- 0.40 Acres Year 16 $49,392.68 $4,116.06 1.50% Type of Ownership Fee Simple Year 17 $50,133.57 $4,177.80 1.50% CURRENT RENT Year 18 $50,885.57 $4,240.46 1.50% Annual Rent $47,235 Year 19 $51,648.85 $4,304.07 1.50% CAP Rate 8.00% Year 20 $52,423.59 $4,368.63 1.50% Purchase Price $590,437 *Current rent is $46,537, seller to credit rent at closing LEASE SUMMARY TENANT SUMMARY Property Type Net-Leased Gas and Convenience Store The lease is guaranteed by Lehigh Gas Corporation. Lehigh has over 700 company run or dealer operated sites, however, in 2014 Lehigh Gas was Ownership Type Public acquired by a much larger company, CrossAmerica Partners. Tenant / Guarantor Lehigh Gas/Corporate CrossAmerica is a publicly traded master limited partnership that is Original Lease Term 20 Years engaged in the wholesale distribution of motor fuels, consisting of Rent Commencement 7/17/2006 gasoline and diesel fuel, and owns and leases real estate used in the Lease Expiration 4/01/2027 retail distribution of motor fuels. They are publicly traded on the New Lease Term Remaining 7.5+ Years York Stock Exchange under the symbol "CAPL." Lease Type NNN Roof & Structure Tenant Responsible Rental Increases 1.50% Annual Increases One, Five-Year and One, Four-Year Options to Renew Option

CrossAmerica Partners – Brookville, PA 5 Tenant Overview

Formed in 2012, CrossAmerica Partners is a publicly traded master limited partnership that is engaged in the wholesale distribution of motor fuels, consisting of gasoline and diesel fuel, and owns and leases real estate used in the retail distribution of motor fuels. Our units are traded on the New York Stock Exchange under the symbol "CAPL."

With a focus on metropolitan and urban markets, CrossAmerica Partners distributes fuel to approximately 1,200 locations and owns or leases approximately 900 sites. Our geographic footprint covers 29 states: Arizona, Arkansas, Colorado, Delaware, Florida, Georgia, Illinois, Indiana, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, New Hampshire, New Jersey, New Mexico, New York, North Carolina, Ohio, Pennsylvania, Rhode Island, South Dakota, Tennessee, , Virginia, West Virginia and Wisconsin.

CrossAmerica Partners is headquartered in Allentown, Pennsylvania. Its downtown location plays an integral part in the revitalization of the Lehigh Valley region's largest city.

CrossAmerica Partners – Brookville, PA 6 Tenant Overview

Lehigh Gas Becomes CrossAmerica Partners

Identity change comes as CST Brands closes its $85M acquisition. October 1, 2014, 05:00 pm

SAN ANTONIO and ALLENTOWN, Pa. — CST Brands Inc. on Wednesday completed its acquisition of the membership interests of Lehigh Gas GP LLC, the general partner of Lehigh Gas Partners LP, for approximately $85 million, or $17 million in cash and 2.044 million shares of CST common stock.

Joe Topper, chairman and CEO of Lehigh Gas Partners, will continue as the company's president and CEO. He has also joined CST Brands' board of directors. CST Chairman and CEO Kim Lubel will assume the role of chairman of the general partner.

"This is a very exciting day for all of us, and signals the start of a new chapter of growth for both CST and the partnership," stated Lubel. "I am happy to welcome Joe Topper to our leadership team and, on behalf of the CST board of directors, to the CST board."

Lehigh Gas Partners LP also changed its name to CrossAmerica Partners LP, effective Wednesday, the companies announced. CrossAmerica will trade under the symbol "CAPL" starting Oct. 6, and the partnership's common units will continue to trade on the New York Stock Exchange.

"I believe that the new name, CrossAmerica Partners, truly reflects our combined vision of growth of CST and CrossAmerica across the North American continent," Topper said. "Collectively, CST and CrossAmerica distribute fuel to approximately 3,000 locations in 27 states from California to Virginia, Florida to Maine, and across eastern Canada."

In connection with the closing, CST's credit agreement was amended to, among other things, extend the maturity of the loans under the agreement from May 2018 to September 2019, and to permit the closing of the acquisition and contemplated transactions with CrossAmerica, including potential future drop-down asset sales to CrossAmerica, subject to certain conditions.

Also in connection with the closing, CrossAmerica's credit agreement was amended to permit the closing of the acquisition and to allow for the acquisition of potential drop-downs from CST, along with certain other items. Additionally, its credit facility was increased from $450 million to $550 million.

CST Brands Inc. is the operator of more than 1,200 Corner Store locations in the United States. CrossAmerica Partners – Brookville, PA 7 Tenant Overview

CrossAmerica Partners LP: Owner of CrossAmerica Partners LP's General Partner, CST Brands, Inc., closes merger with Alimentation Couche-Tard Inc.

Allentown, PA, June 28, 2017

CrossAmerica Partners LP (NYSE: CAPL) ("CrossAmerica" or the "Partnership"), a leading wholesale fuels distributor, today announced that as result of the merger of CST Brands, Inc. and subsidiaries of Alimentation Couche-Tard Inc. (TSX: ATD.A ATD.B) ("Couche-Tard"), Couche-Tard acquired all of the membership interests of the sole member of CrossAmerica GP LLC, the general partner of CrossAmerica, all of the associated incentive distribution rights in the Partnership and approximately 21% of the CrossAmerica limited partner units.

"We are excited by the tremendous opportunity for CrossAmerica and its unitholders created by this merger," stated Jeremy Bergeron, President and Chief Executive Officer of CrossAmerica. "In the coming weeks, as we begin this new chapter of the Partnership, we will work closely with Couche-Tard to detail our strategic plans for the future.“

Effective immediately, Alex Miller, Couche-Tard's Senior Vice President of Global Fuels, becomes Chairman of the Board of Directors of CrossAmerica. "I look forward to working with Jeremy, his leadership team, and other members of CrossAmerica's Board of Directors," stated Mr. Miller, "by capitalizing on CrossAmerica's recognized strength as a wholesale fuels distribution leader, we will be able to unlock additional value for all our investors."

CrossAmerica Partners – Brookville, PA 8 Location Overview Property Address: 63 South White Street, Brookville, PA 15825

The subject property is an branded Lehigh gas station located at 63 South White Street in Brookville, PA. Brookville is a borough in Jefferson County in the U.S. state of Pennsylvania, located northeast of the city of Pittsburgh.

The subject property is situated just off West Main Street, which features an ADTC: 25,583 average daily traffic count that exceeds 9,480 vehicles. West Main Street intersects with West Main Street, which brings an additional 10,891 vehicles into Brookville on average each day. The subject property is located approximately one-mile off of Interstate 80, which experiences average daily traffic counts that exceed 25,580 vehicles. The average household income within a one-mile radius of the subject property is $63,312, which exceeds the national average. ADTC: 10,891

The subject property benefits from being positioned within a retail corridor consisting of a variety of local and national tenants. Major national tenants include: Giant Eagle Supermarket, Burger King, Arby’s, Dairy Queen, Pizza Hut, Denny’s, S&T Bank, Sheetz, Chevrolet, as well as many more. Located a half of a mile from the subject property is Brookville Hospital, a 35-bed critical access hospital. In June of 2018, plans for a three-story medical office building were announced, which will house primary and specialty care super clinics for various providers. Located one- mile from the subject property is Brookville High School. The Brookville public school district serves a resident population of 12,485 and features an annual enrollment of 1,610 students. ADTC: 9,714

Brookville still supports the lumber industry, but coal has given way to natural gas. It now also features several small and medium-sized businesses and some significant manufacturing operations. Interstate 80, which traverses the United States, was constructed just north of the Brookville borough and continues to stimulate the local economy. Tourism is also important, which is stimulated by the Brookville Historic District. Known as the "Gateway to Cook Forest", many travelers pass through Brookville. It is also home to the annual Western PA Laurel Festival each summer and to the Victorian Christmas Celebration each December. The community's historic preservation efforts have earned Brookville many accolades. Brookville is located approximately 15 miles from Clarion University, Penn State- DuBois campus, Indiana University- Punxsutawney campus, Dubois Business College, and Triangle Technical School.

CrossAmerica Partners – Brookville, PA 9 Surrounding Area

CrossAmerica Partners – Brookville, PA 10 Property Photos

CrossAmerica Partners – Brookville, PA 11 Property Photos

CrossAmerica Partners – Brookville, PA 12 Market Overview City: Brookville | County: Jefferson | State: Pennsylvania

Brookville, Pennsylvania Brookville boasts a vitality and historic downtown seen in few communities of its size. Specialty shops, coffee shops, taverns, art galleries, athletic facilities, non-profit organizations, history centers, and much more offer attractions for many ages and interests. As a close neighbor to Punxsutawney, the community draws visitors from across the country and around the world. Brookville is also known as the crossroads to Cook Forest State Park. Seasonal festivals and special events fill Brookville's streets every year.

Recently named one of the prettiest painted downtowns in America, Brookville is also a very safe community where pedestrians come before motorized vehicles. Known for its Rails-to-Trails program, it is a place for families with children of all ages to enjoy life. The Brookville Area School District also has a very strong reputation.

Development has spread from the center core of the town to include new residential developments and expanded commercial and industrial development at the periphery. The town’s ongoing downtown revitalization program has become an award-winning national model for such activity and has been featured in state and national media coverage. Major Employers Employer Estimated # of Employees Giant Eagle 853 Brookville Hospital 352 Brookville Area School Dst 293 Jefferson Manor 255 Beverage-Air Corporation 250 Schlumberger Technology Corp 202 Brookville Development Corp 200 Bprex Plastic Packaging Inc 170 Miller Welding and Machine Co 169 Matson Industries Inc 155 Brookville Mining Equipment 150

CrossAmerica Partners – Brookville, PA 13 Demographics Property Address: 63 South White Street, Brookville, PA 15825 1 Mile 3 Miles 5 Miles POPULATION 2018 Estimate 3,326 5,727 7,574 5 Miles 2010 Census 3,403 6,014 7,908 2000 Census 3,635 6,331 8,239

INCOME Average $63,312 $63,178 $62,115 3 Miles Median $48,794 $49,503 $49,392 Per Capita $28,259 $26,608 $25,595

HOUSEHOLDS 2023 Projection 1,441 2,347 3,059 1 Mile 2018 Estimate 1,457 2,355 3,054 2010 Census 1,501 2,489 3,210 2000 Census 1,577 2,554 3,245

HOUSING 2018 $104,632 $103,843 $100,880

EMPLOYMENT 2018 Daytime Population 5,855 8,419 9,196 2018 Unemployment 5.79% 5.47% 5.37% 2018 Median Time Traveled 17 17 18

RACE & ETHNICITY White 96.87% 97.31% 97.61% Native American 0.01% 0.04% 0.04% African American 0.68% 0.54% 0.45%

CrossAmerica Partners – Brookville, PA 14 Regional Map Property Address: 63 South White Street, Brookville, PA 15825

CrossAmerica Partners – Brookville, PA 15 Offering Memorandum

63 South White Street, Brookville, PA 15825