Offering Memorandum Visit our website swpropertyadvisors.com COURTESY PLAZA GROCERY SHADOW ANCHORED 5160 South Pulaski Road , Illinois 60632 Orange Line - Pulaski Stop 1,545,861 Annual Total Entries Opening 2019

S Pulaski Rd 35,400 VPD Midway International Airport

Subject Property

Orange Line - Pulaski Stop 1,545,861 Annual Total Entries

S Pulaski Rd 35,400 VPD INVESTMENT HIGHLIGHTS Courtesy Plaza | Grocery Shadow Anchored 5160 South Pulaski Road, Chicago, Illinois 60632 Rare Opportunity to Acquire Infill Grocery Shadow Anchored Property in Country’s Third Largest MSA | Over 161,000 People Living Within a Two-Mile Price $7,900,000 Radius Cap Rate 8.40% Price/ SF $186.56 Anchored by a New 15-Year Blink Fitness Gross Leasable Area 42,346 SF Year Built 1987 100 Percent Occupied by Excellent Mix of Service, Lot Size 3.74 Acres +/- Food, Medical and Daily Needs Tenancy Parcel Numbers 19-10-408-044-0000 Parking 383 Surface Spaces +/- High-Visibility Site Located Along Heavily Traveled Pulaski Road | Traffic Counts of 35,400 Vehicles per Day VITAL DATA Signalized Intersection Offering Full Ingress/Egress Current Rent - Annualized from 6/1/2019 $835,341 Total Reimbursements $266,277 Property Sits on Large 3.74-Acre Lot with 183 Vacancy/Collection Allowance (4% GPI) $44,065 Deeded Parking Spaces and Cross Access Parking Effective Gross Income $1,057,553 for an Additional 220 Spaces | 403 Total Expenses $394,291 NOI $663,262 Located One and a Half Miles Away From Midway International Airport PROPOSED FINANCING 300 Feet from CTA Orange Line Pulaski Station | LT V 70% 1,545,861 Total Annual Entries Interest Rate | Amortization 5.25% | 25 Years Down Payment $2,370,000 First Trust Deed/Mortgage $5,530,000 Debt Service $397,661 Debt Coverage Ratio 1.67 Net Cash Flow After Debt Services | Return % $265,601 | 11.21% Principal Reduction $109,957 Total Return | Return % $375,558 | 15.85% Shadow Heavily Near CTA Airport Anchored Traveled Station Nearby RENT ROLL

Rent Schedule SF % of Base Lease % of Renewal Lease Tenant /Suite # Start End Monthly Annual Rent/ Leased Total SF Term (Yrs) Period Changes on Increase Total Rent Options Type Rent Rent SF

La Michoacana 3,100 7.32% 7/18/2018 7/31/2023 5 Years Base Current $2,583 $31,000 $10.00 - 4% 1, 5-Year Net

Retail, Suite 101 - 8/1/2020 $2,842 $34,100 $11.00 10%

- 8/1/2021 $3,100 $37,200 $12.00 9%

- 8/1/2022 $3,358 $40,300 $13.00 8%

Option 1 8/1/2023 $3,459 $41,509 $13.39 3%

Notes: Admin fee not to exceed 10 percent of CAM, including insurance.

All Family Dental 3,000 7.08% 4/1/2016 3/31/2021 5 Years Base Current $5,250 $63,000 $21.00 - 8% 2, 5-Year Gross

Retail, Suite 102 - 4/1/2019 $5,375 $64,500 $21.50 2%

- 4/1/2020 $5,500 $66,000 $22.00 2%

Option 1 4/1/2021 $5,625 $67,500 $22.50 2%

- 4/1/2022 $5,750 $69,000 $23.00 2%

Notes: N/A

Blink Fitness 12,571 29.69% 4/1/2019 3/31/2034 15 Years Base Current $12,571 $150,852 $12.00 - 19% 3, 5-Year Net

Retail, Suite 103 - 4/1/2024 $13,828 $165,937 $13.20 10%

- 4/1/2029 $15,211 $182,531 $14.52 10%

Option 1 4/1/2034 $16,740 $200,885 $15.98 10%

Option 2 4/1/2039 $18,417 $220,998 $17.58 10%

Notes: Rent commencement date is estimated. Admin fee not to exceed 10 percent of CAM. Rent commencement date is the date that is 52 months following the commencement date. Seller will escrow the amount of base rent from the time of closing to the rent commencement date for the benefit of the buyer. The additional rent commencement date shall be the date tenant opens for business to the general public in substantially the entire premises. Additional rent includes real estate taxes, CAM, insurance and administrative fees.

Teddy Bear Day Care 6,093 14.39% 12/1/1990 11/30/2021 31 Years Base Current $8,703 $104,434 $17.14 - 13% 1,5-Year Net

Retail, Suite 105-06 Option 1 12/1/2021 $10,008 $120,099 $19.71 15%

Notes: Admin fee not to exceed 10 percent of CAM, including insurance.

CosmoProf 2,507 5.92% 5/1/2006 4/30/2021 15 Years Base Current $3,552 $42,619 $17.00 - 5% 1, 5-Year Net

Retail, Suite 107 - 5/1/2021 $4,231 $50,767 $20.25 19%

Notes: Admin fee not to exceed 10 percent of CAM, including insurance. RENT ROLL

Tenant /Suite # SF % of Start End Base Lease RentRent ScheduleSchedule % of Renewal Lease LeasedSF Total% of SF BaseTerm Lease (Yrs) Total% ofRent RenewalOptions LeaseType Tenant /Suite # Start End Period Changes on MonthlyMonthly AnnualAnnual Rent/Rent/ Increase Leased Total SF Term (Yrs) Period Changes on Increase Total Rent Options Type RentRent RentRent SFSF

Nail Yes 1,225 2.89% 12/5/2005 3/31/2023 17 Years Base Current $2,500 $30,000 $24.49 - 4% 1, 5-Year Gross

Retail, Suite 108 - 4/1/2019 $2,550 $30,600 $24.98 2%

- 4/1/2020 $2,601 $31,212 $25.48 2%

- 4/1/2021 $2,652 $31,826 $25.98 2%

- 4/1/2022 $2,706 $32,473 $26.51 2%

Notes: N/A

United States of America (Navy, 4,343 10.26% 9/1/1988 5/31/2024 36 Years Base Current $12,986 $155,832 $35.88 - 19% See Notes Modified Marines, Army) Retail, Suite 109,110,112, 114 - 6/1/2019 $14,224 $170,688 $39.30 10%

Notes: Tenant to pay pro rata of real estate taxes over base amount of $22,410 and pro rata of CAM over $51,204. Lease to be automatically renewed unless terminated with 30 days witten notice.

Check 'N Go 1,505 3.55% 4/1/1997 3/31/2020 23 Years Base Current $2,457 $29,484 $19.59 - 4% None Net

Retail, Suite 111 - 4/1/2019 $2,531 $30,368 $20.18 3%

Notes: Admin fee not to exceed 25 percent of CAM, including insurance.

Alexander Gold & Diamonds 1,344 3.17% 1/1/2019 12/31/2021 3 Years Base Current $2,016 $24,192 $18.00 - 3% 1, 5-Year Net

Retail, Suite 113 - 1/1/2020 $2,128 $25,536 $19.00 6%

- 1/1/2021 $2,240 $26,880 $20.00 5%

Option 1 1/1/2022 $2,352 $28,224 $21.00 5%

- 1/1/2024 $2,464 $29,568 $22.00 5%

Notes: Admin fee not to exceed 10 percent of CAM

Great Clips 1,225 2.89% 3/15/2017 4/30/2022 5 Years Base Current $2,395 $28,739 $23.46 - 4% 2, 5-Year Net

Retail, Suite 115 - 6/1/2019 $2,443 $29,313 $23.93 2%

- 6/1/2020 $2,492 $29,900 $24.41 2%

- 6/1/2021 $2,541 $30,498 $24.90 2%

Option 1 6/1/2022 $2,618 $31,412 $25.64 3%

Notes: Admin fee not to exceed 10 percent of CAM, including insurance. RENT ROLL

Rent Schedule SF % of Base Lease % of Renewal Lease Tenant /Suite # Start End Monthly Annual Rent/ Leased Total SF Term (Yrs) Period Changes on Increase Total Rent Options Type Rent Rent SF

Mezquite Express 3,406 8.04% - 11/30/2023 124 Years Base Current $6,652 $79,820 $23.44 - 10% 1, 5-year Gross

Retail, Suite 116-117 - 12/1/2019 $7,603 $91,234 $26.79 14%

- 12/1/2021 $8,409 $100,906 $29.63 11%

- 12/1/2023 $5,109 $61,308 $18.00 -39%*

- 12/1/2024 $5,750 $69,003 $20.26 13%

Notes: *Percentage rent to be any gross sales over $900,000 multiplied by five percent. This lease turns net in option period. Tenant will pay its pro rata share of real estate tax, CAM and insurance starting in option period.

Cricket Wireless 765 1.81% 2/1/2018 1/31/2022 4 Years Base Current $2,250 $27,000 $35.29 - 3% 1, 5-Year Net

Retail, Suite 118 - 2/1/2019 $2,288 $27,450 $35.88 2%

- 2/1/2020 $2,341 $28,091 $36.72 2%

- 2/1/2021 $2,388 $28,653 $37.45 2%

Option 1 2/1/2022 $2,435 $29,226 $38.20 2%

Notes: Tenant pays pro rata share of real estate taxes over base year of 2016 ($246,833). Tenant pays pro rata share of CAM over base year 2017. Admin fee not to exceed 10 percent of CAM, including insurance.

Casa De Empeno 1,262 2.98% 3/1/2004 2/29/2020 16 Years Base Current $3,427 $41,129 $32.59 - 5% 1, 5-Year Net

Retail, Suite 119 - 3/1/2019 $3,529 $42,353 $33.56 3%

Option 1 3/1/2020 $3,636 $43,627 $34.57 3%

- 3/1/2021 $3,745 $44,940 $35.61 3%

- 3/1/2022 $3,858 $46,290 $36.68 3%

Notes: Admin fee not to exceed 25 percent of CAM, including insurance.

Occupied 42,346 100% $808,100 $19.31 Vacant 0 0% $0 $0.00 Total 42,346 100% $808,100 $19.31 CASH FLOW YEAR ONE - ANNUALIZED FROM 6/1/2019

Base Rent Current Per SF

Occupied Space $835,341 $19.73 Available Space $0 - Gross Potential Rent $835,341 $19.73

Expense Reimbursements Real Estate Taxes $185,820 $4.39 CAM/Insurance/Admin Fee $80,457 $1.90 Total Expense Reimbursements $266,277 $6.29

Gross Potential Income $1,101,617 $26.01 Vacancy/Collection Allowance (4% GPI) $44,065 $1.04 Effective Gross Income $1,057,553 $24.97

Expenses Real Estate Taxes $265,295 $6.26 Insurance $21,592 $0.51 CAM $81,403 $1.92 Management Fee $26,000 $0.61 Total Expenses $394,291 $9.31 Net Operating Income $663,262 $15.66 CAM EXPENSE BREAKDOWN CAM Current Per SF

Security $24,799 $0.59 Parking Lot $12,474 $0.29 Snow Removal $11,200 $0.26 Lot Sweeping $9,230 $0.22 Water $7,756 $0.18 Fire Protection $5,451 $0.13 Landscaping $2,777 $0.07 Janitorial $2,400 $0.06 Electric $2,066 $0.05 Gas $1,099 $0.03 Exterminating $928 $0.02 Electric $650 $0.02 Plumbing $295 $0.01 Permits $200 $0.00 Supplies $78 $0.00 Total CAM $81,403 $1.92 SITE PLAN

Super Mall Day Care Teddy Bear Teddy La Michoacana All Family DentistryAll Family Cosmo Prof Nail Yes Navy Recruiting Center

Navy Recruiting Center

Marines Recruiting Center

Alexander Gold & Diamonds

Army Recruiting Center

Mezquite Express

Casa De Empeno AERIAL

Edwards Archer Park Elementary School

Curie Park

S Archer Ave 19,800 VPD

Orange Line - Pulaski Stop 1,545,861 Annual Total Entries

Subject Property

Solorio Academy High School

S Cicero Ave 80,950 VPD Hernandez Middle School

Socorro Sandoval John Hancock Elementary School High School

Midway International Airport

S Pulaski Rd 35,400 VPD AERIAL

S Pulaski Rd 35,400 VPD REGIONAL MAP

Lake Michigan

Subject Property LOCATION HIGHLIGHTS | CHICAGO MSA Courtesy Plaza | Grocery Shadow Anchored 5160 South Pulaski Road, Chicago, Illinois 60632 Third Largest City in the United States Two International Airports | Chicago O’Hare DEMOGRAPHICS International Airport and Midway International Airport Population .5-Mile 1-Mile 2-Miles 2016 Population 10,293 41,845 161,326 55.2 Million Tourists in 2017

Plentiful Public Transit is Provided by Chicago Transit Households .5-Mile 1-Mile 2-Miles Authority Rail and Bus Services, Metra Rail and 2016 Households 2,849 11,297 42,470 Divvy Bikes

Home to More Than 400 Major Corporate Daytime Population .5-Mile 1-Mile 2-Miles Headquarters, Including 31 Fortune 500 Companies 2016 Population 10,151 40,568 119,805 Named Best City in the World (Timeout) Income .5-Mile 1-Mile 2-Miles Five Major Professional Sports Teams 2016 Median HH Income $50,607 $47,977 $45,532 Home to University of Chicago, DePaul University, 2016 Average HH Income $62,581 $60,683 $58,257 Northwestern University, Loyola University, University of Illinois at Chicago | 104,000 Students Combined Tourist Attractions Include Willis Tower, Millennium Park, Navy Pier, Art Institute of Chicago, Museum of Science and Industry, Wrigley Field, Buckingham Fountain, Michigan Avenue and the

Highly World Class College Tourist Populated Businesses Town Destination CONFIDENTIALITY AGREEMENT

The information contained in the following Marketing Brochure is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from Marcus & Millichap and should not be made available to any other person or entity without the written consent of Marcus & Millichap. This Marketing Brochure 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. Marcus & Millichap has not made any investigation, and makes no warranty or representation, with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and square footage of the property and improvements, the presence or absence of contaminating substances, PCB’s or asbestos, the compliance with State and Federal regulations, the physical condition of the improvements thereon, or the financial condition or business prospects of any tenant, or any tenant’s plans or intentions to continue its occupancy of the subject property. The information contained in this Marketing Brochure has been obtained from sources we believe to be reliable; however, Marcus & Millichap has not verified, and will not verify, any of the information contained herein, nor has Marcus & Millichap 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.

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This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Any projections, opinions, assumptions or estimates used herein are for example purposes only and do not represent the current or future performance of the property. Marcus & Millichap Real Estate Investment Services is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2018 Marcus & Millichap. All Rights Reserved. Activity ID: Z0670773 Exclusively Listed By Visit our website swpropertyadvisors.com

ADRIAN MENDOZA FIRST VICE PRESIDENT INVESTMENTS Chicago Oakbrook (630) 570-2163 [email protected] IL 475.147980

Orange Line - Pulaski Stop 1,545,861 Annual Total Entries SEAN SHARKO SENIOR VICE PRESIDENT INVESTMENTS Chicago Oakbrook (630) 570-2238 [email protected] IL 471.010712 WI 75784-94

AUSTIN WEISENBECK SENIOR VICE PRESIDENT INVESTMENTS Chicago Oakbrook (630) 570-2169 [email protected] IL 475.140200 WI 76206-94 S Pulaski Rd 35,400 VPD

STEVEN WEINSTOCK BROKER OF RECORD Chicago Oakbrook (630) 570-2250 (630) 570-2323 fax [email protected] IL 471.011175