Sam Meyers Formal Wear

WALMART/SAM’S SHADOW ANCHORED SHOPS 1401 Veterans Parkway | Clarksville, Indiana 47129

ACTUAL PHOTO OFFERING MEMORANDUM Represented by: Justin Zahn 7825 East Gelding Drive, Suite 104 | Scottsdale, AZ 85260 (480) 214-5088 phone | Email: [email protected] IN ASSOCIATION WITH: (480) 907-2955 fax | www.ciadvisor.com MICHAEL OFSANSKY REALTORS CONFIDENTIALITY AGREEMENT WALMART/SAM'S SHADOW ANCHORED SHOPS – CLARKSVILLE, INDIANA | 2

The information contained in the following Marketing Brochure is proprietary and strictly confidential. It is intended to be reviewed only by the ppyarty receiving it from Commercial Investment Advisors and should not be made available to any other person or entity without the written consent of Commercial Investment Advisors. 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. Commercial Investment Advisors 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, Commercial Investment Advisors has not verified, and will not verify, any of the information contained herein, nor has Commercial Investment Advisors 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.

ALL PROPERTY SHOWINGS ARE BY APPOINTMENT ONLY. PLEASE CONSULT YOUR COMMERCIAL INVESTMENT ADVISORS FOR MORE DETAILS.

NAME WALMART/SAM'S SHADOW ANCHORED SHOPS ABOUT THE PROPERTY INTERSECTION On Veterans Parkway, West of I-65 9 100% Occupied Class “A” Retail Center (58% are National Tenants) LIST PRICE $4,871,000 9 Pad Site to Walmart & Sam’s Club LIST CAP RATE 8. 25% 9 Loca te d in PRIMARY Re ta il Corr idor in Floy d & Clar k Coun ties (Nearby Retailers Include: Lowe’s, Target, Bass Pro Shops, CASH ON CASH RETURN 11.50% Best Buy, etc.) ACTUAL OCCUPANCY 100% 9 Strong Historical Occupancy and Located in a Low Vacancy/Highbh Barriers to Entry Submarket RENTABLE SQ. FT. 20,000 9 Total Daytime Population of 140,777 (5-Mile Ring) with an PRICE PER SQ. FT. $243.55 Average Household Income that Exceeds $62,200 (3-Mile Ring) AVERAGE RENT PER SQ. FT. $21.04

KENTUCKIANA OWNERSHIP Fee Simple MEDICAL CENTER YEAR BUILT 2010 N LOT SIZE 1. 88 Acres

CONSTRUCTION Brick/Steel Frame ROOF Standing Seam Metal PARKING LOT Asphalt (93 Spaces)

WALMART/SAM'S SHADOW ANCHORED SHOPS

SUMMARY PROPOSED FINANCING SUMMARY List Price $4,871,000 All Cash or Buyer to obtain new financing at Close of Escrow. List CAP Rate 8.25% 65% Loan to Value $3,166,150 Cash on Cash Return 11.50% 35% Down Payment $1,704,850 Rentable Square Feet 20,000 Amortization 25 Years Price per Square Foot $243.55 Fixed for 5 Years 4.25% ANNUALIZED OPERATING DATA Fixed for 7 Years 4.75% *** For more information, please contact Geoffrey D. Harris of INCOME Meridian Capital Group at (214) 207-3002 . *** 2014 Gross Rental Income $426,132 Expense Reimbursement $105,766 ANNUALIZED EXPENSES Gross Annual Income $531,898 All Tenants are on NNN leases with the exception of Indiana EXPENSES National Guard. Operating Expenses ($105,766) Vacancy (4.0%) ($21,276) Reserves ((pq)$0.15 per sq. ft.) ((,$3,000) 2013 ANNUALIZED OPERATING EXPENSES Total Expenses ($130,042) Property Taxes $73,049 NET OPERATING INCOME $401,856 Insurance $9,592 Management Fee (3.12%) $12,811 Less Debt Service (Fixed for 5 Years – 4.25%) $205,827 Electric $$,53,549 Cash on Cash Return (11.50%) $196,029 Lawn Care $1,571 Principal Reduction $72,667 Plow/Salt Parking Lot $267 Total Return (15.76%) $268,696 Trash Removal $3,794 Wastewater $1,133 Total Operating Expenses $105,766

Justin Zahn | 7825 East Gelding Drive | Suite 104 | Scottsdale, AZ 85260 |(480) 214-5088 phone | (480) 907-2955 fax | [email protected] | www.ciadvisor.com The information contained herein has been obtained from sources we deem reliable. We cannot assume responsibility for its accuracy. RENT ROLL WALMART/SAM'S SHADOW ANCHORED SHOPS – CLARKSVILLE, INDIANA | 5 STE TENANT SQ. FT. % OF LEASE NNN LEASE LEASE ANNUAL ANNUAL OPTIONS # GLA TYPE REIMBURSEMENTS COMMENCE EXPIRATION RENT/SF RENT 100 Sweet Frog Frozen Yogurt (2) 2,390 11.95% NNN $12,639.00 04/01/12 03/31/15 $22.94 $54,825 Two 3-Year Options 200 Go Wireless (2) 900 4.50% NNN $2,700.00 12/01/13 01/31/17 $17.00 $15,300 One 3-Year Option $16,667 Annually 300 Studio Pizza (2) 2,900 14.50% NNN $15,336.12 03/01/10 02/19/18 $25.70 $74,517 Two 5-Year Options 400 Edward Jones & Co. (()1) 1,050 5.25% NNN $5,552 .64 10/01/09 12/31/14 $17.14 $18,000 One 5-Year Option $19,200 Annually 500 Sleep Outfitters (1) 3,600 18.00% NNN $19,037.88 06/01/10 05/31/11 $19.50 $70,200 Two 5-Year Options 06/01/14 05/31/15 $20.00 $72,000 1st : $79,200 Annually 2nd: $90,000 Annually 700 Weight Watchers of North 2,050 10.25% NNN $10,841.04 10/01/10 09/30/15 $22.00 $45,100 One 3-Year FIXED Rents America (1) Yr 1: $46,453 Annually Yr 2: $47,847 Annually Yr 3: $49,282 Annually 800 Indiana National Guard (1) 1,500 7.50% Gross N/A 08/01/10 07/31/14 $28.14 $42,210 One 4-Year with a 60 Day Notice 900 State Farm Insurance (3) 1,000 5.00% NNN $5,288.28 12/01/11 11/30/16 $18.00 $18,000 Two 5-Year Options 1st: $20,700 Annually 2nd: $23,796 Annually 1000 Sam Meyers Formal Wear (2) 1,250 6.25% NNN $6,610.32 07/01/10 06/30/15 $22.00 $27,500 One 5-Year Option $31,625 Annually 1100 America’s Best Eyeglasses (1) 3,360 16.80% NNN $17,768.64 08/01/10 07/31/15 $18.00 $60,480 Two 5-Year FIXED Rents Yr 6-10: $66,528 Annually Yr 11-15: $$,73,181 Annuall y CURRENT TOTALS 20,000 100% $95,774 $21.04(Avg) $426,132 Occupied 20,000 100% Vacant 0 0% (1) – Corporate | (2) – Regional Tenant | (3) – Local Credit

Indiana Sam Meyers Go Nat’l Formal Wireless Studio Pizza Guard Wear 2,390 900 2,900 1,050 3,600 2,050 1,500 1,000 1,250 3,360 SF SF SF SF SF SF SF SF SF SF

sweetFrog PiPremium Frozen YtYogurt isachihainof frozen yogurt retiltail stores owned Since 1983, Sleep Outfitters of Kentucky, Ohio, Indiana, Tennessee & West and operated by Sweet Frog Enterprises, LLC. The customers create their own Virginia, has guaranteed the lowest prices on all the best mattress combination of delicious, soft-serve premium frozen yogurt, then finish it off with any brands. Currently, there are 16 Sleep Outfitter locations . toppings they choose. sweetFrog topping bar is stocked fresh every day with the best The team at Sleep Outfitters, Mattress Warehouse and Mattress King, as part of ingredients for a light snack, a decadent dessert, and everything in between. “You pick the parent company Innovative Mattress Solutions based in Winfield, WV, the flavors, you add the toppings, you make it your way!” believes a better night’s sleep is the foundation of a healthy lifestyle. Their Currently, there are 280+ sweetFrog locations in 27 states and is comfort and price promises help customers rest easy, knowing they have 120 headquartered in Richmond, Virginia. www.sweetfrogyogurt.com days to make a change if they’re not comfortable sleeping in their new bed. IiInnovative Mattress SlSolut ions operates nearly 150 sleep specilialty retail mattress stores in six states, celebrating 30 years in business in 2013. Helping you reach your serious, long-term financial goals is at the center of the www.sleepoutfitters.com Edward Jones investment philosophy. Edward Jones financial advisors sell commiiission-bdbased and fee-bdbased financi al prodtducts through its bhbranch netktwork of more than 11,000 locations . As a full-service brokerage firm and private partnership, they serve nearly 7 million investors with a convenient, personalized Weight Watchers International, Inc. (NYSE: WTW) is the world's approach through more than 12,000 financial advisors in the United States and leading provider of weight management services, operating globally through a Canada. network of Company-owned and franchise operations. Weight Watchers holds Edward Jones is headquartered in Des Peres (Greater St. Louis), Missouri. over 40,000 meetings each week where members receive group support and www.edwardjones.com learn about healthy eating patterns, behavior modification and physical activity. Founded in Southern California in 1995, GoWireless has continually www.weightwatchers.com provides innovative, subscription weight strived to be a driving force in the wireless industry. With the rapid management products over the Internet and is the leading Internet-based growth and ever changing technology of the wireless industry, it provider of these products in the world. In addition, Weight Watchers offers a has always been their corporate vision to enrich people's lives wide range of products, publications and programs for those interested in through wireless communications while providing exceptional weight loss and weight control. customer service. With over 30 0 stores coast to coast, they are accomplishing their goals. www.gowireless.com

Sam Meyers Formal Wear is one of the nation’s largest wholesale The Indiana National Guard is the armed force of the State of Indiana. It suppliers of men's formal wear. Sam Meyers Formal Wear, Inc. (its central consists of the Indiana Army National Guard and the Indiana Air National location in Louisville, KY,) provides other wholesalers and retailers Guard, and is part of the larger Army National Guard and the Air National nationwide with a huge selection of the latest formal wear and accessories. th Guard. The Indiana Army National Guard consists of the 14,000 strong 38 The company also owns and operates the largest dry cleaning operation in th th Infantry Division, 219 Battlefield Surveillance Brigade and the 76 Infantry the Midwest. In addition to their Louisville locations, Sam Meyers owns a nd Brigade Combat Team. The Indiana Air National Guard consists of the 122 store in Nashville, Tennessee, that specialize in costume rentals and sales in st Fighter Wing and 181 Intelligence Wing. The Indiana Army National Guard is addition to formal wear; a tuxedo store in Evansville, Indiana; and a satellite composed of approximately 16,000 soldiers, maintaining 69 armories in 69 warehouse in Boston, Massachusetts. Currently, there are 8SamMeyers communities. www.in.ng.mil stores in Kentucky & Indiana . www.sammeyers.com

State Farm is a group of insurance and financial services companies in the United States. The company also has operations in Canada. The group's main With over 300 retail stores across the country, and more locations being business is State Farm Mutual Automobile Insurance Company, a mutual added every day, America's Best delivers thousands of qqyuality insurance firm that also owns the other State Farm companies. eyeglasses, contact lenses and safety glasses to our customers every day. State Farm is ranked 44th in the 2013 Fortune 500, which lists American Headquartered in metro Atlanta, they operate several of the highest- companies by revenue. The corporate headquarters are in Bloomington, Illinois. volume eyeglass manufacturing labs in the country. America's Best carries a Currently, there are 17,700 agents in 343 claim offices with 30 operations wide selection of designer eyygeglass frames, contact lenses and eyygeglass center. www.statefarm.com accessories. Eye exams are available by a professional optometrist, or customers can bring in an outside prescription. Each of our stores is equipped with state-of-the-art optometric equipment to ensure that you get the best eye care available. www.americasbest.com

PART OF RIVER FALLS MALL

N WALMART/SAM'S SHADOW ANCHORED SHOPS

TOWN OF CLARKSVILLE GREEN TREE MALL Dillards, JCPenney, Sears, etc. KENTUCKIANA MEDICAL CENTER COYLE CHEVROLET

GREAT ESCAPE THEATERS

KENTUCKIANA MEDICAL CENTER General Medical & Surgical Center with 40 beds

JEFF WYLER TOYOTA KIA STORE HARBOR FREIGHT TOOLS

WALMART/SAM'S SHADOW ANCHORED SHOPS LOUISVILLE INTERNATIONAL AIRPORT

RUBY TUESDAY

COYLE CHEVROLET

WALMART/SAM'S SHADOW ANCHORED SHOPS

CLARKSVILLE, INDIANA 3-MILE 5-MILE Clarksville is a town in Clark County, Indiana, along the Ohio River POPULATION CHANGE as a part of the Louisville Metropolitan Area. (The Louisville- Jefferson County, KY-IN Metropolitan Statistical Area, commonly 2012 Total Population 47,776 125,919 called the Louisville metropolitan area or Kentuckiana, is the 42nd 2012 Daytime Population 51,360 140,777 largest Metropolitan Statistical Area (MSA) in the United States. The % Population Change 2000-2012 8.91% 8.49% primary city is Louisville, Kentucky.) % Household Change 2000-2012 8.84% 8.73% Clarksville has the largest exposed fossil beds from the Devonian period. This area has now been incorporated in the Falls of the INCOME Ohio State Park, where the state has built an education center. 2012 Average Household Income $62,268 $55,838 The fossils include plant and marine life from a prehistoric coral reef that are 386 million-years-old. The city has the "7th largest clock in the world", at the former Colgate-Palmolive Plant near the Ohio River, which can be seen from across the river in downtown Louisville, Kentucky. The restaurant chain Texas Roadhouse originated here, and it has kept an outlet at its original location in the Green Tree Mall. Clarksville is also the home of the nation's second largest Bass Pro at the River Falls Mall.