NationalTire& Battery Absolute NNN Lease Smyrna ( MSA), GA

IREA

TROPHY LOCATION ADJACENT TO THE NEW $1B ’ SUNTRUST STADIUM & THE BATTERY ATLANTA Adjacent To Area Auto Center: Infiniti, GMC, Cadillac Hyundai, Chevrolet, & Kia IREA I-75 FWY (281K CPD) NTB Location INVESTMENT REAL ESTATE ASSOCIATES Dobbins

OFFICE Air Reserve 16501 Ventura Blvd. Suite 448 Encino, CA 91436 Base Phone: 818.386.6888 Fax: 818.386.2805 WellStar Windy www.irea.com Hill Hospital

The Promenade Shopping Center Cumberland Square North INVESTMENT ADVISORS Heritage Pavillion Cobb Parkway SE (42k CPD) Chris Thompson Senior Partner Cumberland Marketplace (818) 522-4792 [email protected] 01205918 Cumberland Crossing Shopping Center

Cobb Parkway ± 39,320 ADT

SpringSpring RoadRoad SESE less than 1.1 miles away Cumberland Mall 5 min. car ride NTB - IREA

The Shops at Cumberland Shopping Center Cumberland Blvd SE Trophy Location

I-75 FWY (281K CPD) I-285 FWY (150K CPD) Contents

Dobbins Investment Highlights 4-5 Air Reserve Base SunTrust Park Investment Overview 6-7 Home of The 8-9 WellStar Windy Aerial & Context Hill Hospital

The Promenade Location Overview 10-11 Shopping Center Cumberland Square North 12-13 Heritage Pavillion Cobb Parkway SE (42k CPD) Stadium/ The Battery Info.

Cumberland Marketplace Living & Amenities 14-15

Cumberland Crossing Shopping Center Roxy/ Entertainment Info. 16-17

Omni Hotel/ Hospitality Info. 18-19 The Battery Site & Tenant Profile 20-21 Cobb Parkway ± 39,320 ADT

Financials 22-23 SpringSpring RoadRoad SESE Demographics 24-25

Cumberland Mall

TEAM & TABLE OF CONTENTS | 3

The Shops at Cumberland Shopping Center Cumberland Blvd SE Highlights

Absolute NNN The Battery Atlanta is a $1.3 billion, 1.5 million square foot mixed-use destination with 15 years that integrates a state-of-the-art Major remaining on base League Baseball park with a multi-use development and community. The new lease and rental home of the Atlanta Braves is the first escalations every of its kind, offering an unprecedented entertainment experience 365 days a 5 years + options. year.

NTB - IREA Highlights Major Destination Center Affluent Demographics Atlanta Braves’ new $1 billion The area has a five mile SunTrust Park and The Battery population exceeding 211,000 Atlanta™ are just 1.1 miles and an average household south of NTB. income of over $94,500. Battery Prime Trophy Location Absolute NNN Lease

Strategically located in premier National Tire & Battery is & retail and office location guaranteed by TBC Corp., adjacent to Target Center and one of the nation’s largest on the same street as the distributors of automotive tires new Atlanta Braves SunTrust and a subsidiary of Sumitomo Stadium & The Battery Atlanta! Corp. of America (S&P: A-) Adjacent To Area Auto Center High Traffic Location Major auto dealerships include Impressive traffic counts in excess Infiniti, Cadillac, GMC, Hyundai, of 42,000 cars per day along Cobb Chevrolet, & Kia (north of subject Parkway SE. 281,000 CPD along property). HWY I-75. Licensed LYFT Facility Rental Increases & Options This NTB location features a Rare CPI 12% rental increases dedicated licensed LYFT facility, every five years during primary with preferred pricing for LYFT term and the three 5-year vehicles. options. TireNational

INVESTMENT HIGHLIGHTS | 5 Overview Property Type: Single Tenant Absolute NNN Lease

Address: 2195 Cobb Parkway SE Smyrna (Atlanta MSA), GA 30080

Tenants: National Tire & Battery

Rentable Area: 6,922 Sq Ft | Land Area: 40,336 Sq Ft (0.926 Acres)

Parking: Surface: 26 Spaces

Built: 2013

NTB - IREA Investment Overview IREA is pleased to offer for sale a freestanding, ±6,922 square foot National Tire & Battery store situated on 0.926 acres in Smyrna, (Atlanta MSA). Built in 2013, the property is operating on an absolute NNN lease with 15 years of primary term remaining, with three 5-year options to renew. The lease features CPI increases up to a rare maximum of 12% every five years. This NTB location also features a dedicated licensed LYFT facility, with preferred pricing for LYFT vehicles. Battery & The property is ideally located on Cobb Parkway (Traffic Count: 42,000 CPD), just 1.5 miles from the intersection of I-285 and I-75 (Combined Traffic Count: 355,000 CPD), within the Cumberland Galleria community, one of metro Atlanta’s premier retail and office submarkets. The Cumberland Galleria area is expected to see major growth in the coming years as a result of the recent 2017 opening of the Atlanta Braves’ $1 billion SunTrust Park and The Battery Atlanta, which when fully completed, will feature approximately 1.5 million square feet of retail, restaurant, residential (approximately 500 residences), hotel and office space. The National Tire & Battery is located only 1.1 miles south of this amazing development.

The property is also strategically positioned within one of Atlanta’s premier commercial corridors with 8.5 MSF of retail, 24.6 MSF of office, 4.4 MSF of industrial, and 29,341 units of multifamily housing within a 3-mile radius. Other major retailers in the surrounding area include: Target, Best Buy, Aldi, Walgreens, Marshalls, TJ Maxx, PetSmart, Office Depot, OfficeMax, LA Fitness, Bank of America, Chase Bank, and Olive Garden among many others. In addition, the area benefits from infill demographics with a 5-mile population of 211,000 and average household income of $94,500. TireNational

INVESTMENT OVERVIEW | 7 Adjacent To Area Auto Center: Infiniti, GMC, Cadillac Hyundai, Chevrolet, & Kia Local Aerial I-285 FWY (150K CPD) I-75 FWY (281K CPD) Dobbins NTB Location Air Reserve Base SunTrust Park Home of The WellStar Windy Hill Hospital

The Promenade Shopping Center Cumberland Square North

Heritage Pavillion Cobb Parkway SE (42K CPD) Cumberland Marketplace

Cumberland Crossing less than 1.1 milesShopping away Center

5 min. car ride

Cobb Parkway ± 39,320 ADT

LocatedSpringSpring Road Roadnear SESE The Battery the heart of the area’s dominate Cumberland Mall destination center Atlanta SunTrust The Shops at Cumberland Park & The Battery Shopping Center Cumberland Blvd SE Atlanta™ Cumberland Blvd SE

NTB - IREA Aerial Provided Context Map I-285 FWY (150K CPD)

less than 18 miles away 30 min. car ride Battery & Tire

Downtown ATL National

AERIAL & CONTEXT MAPS | 9 SunTrust Park Home of The

I-75 FWY (281K CPD)

Cobb Parkway SE (42K CPD) The Battery

The Battery Atlanta™ is the South’s preeminent NEW lifestyle destination.

NTB - IREA Premier Trophy Location Located along I-75 and I-285, The Battery Atlanta™ is a 1.5 million-square-foot mixed-use development in the Cumberland area. Anchored by SunTrust Park - the new home of the Atlanta Braves - The Battery Atlanta combines a variety of architectural styles to produce the ultimate live, work, shop, and dine environment. This premier location Battery has become the area’s dominate destination center. &

The area surrounding NTB is one of Atlanta’s preeminent retail, office, and hotel centers with approximately 40 hotels within 3 miles, operated by national brands including Marriott, Sheraton, Hyatt, Renaissance, Hilton, Holiday Inn, and Hampton Inn & Suites. Additionally, the Cumberland office submarket is Tire the second-largest in the Atlanta metropolitan area, with total rentable area of approximately 25.6 MSF. Cumberland-Galleria is home to 76,400 jobs and is expected to add 50,000 more jobs over the next 30 years. Many Fortune 500 and international companies have a significant presence in the Cumberland-Galleria area, including corporate headquarters for The Home Depot, GE Energy Management, Travelport, and The Weather Channel.

National Tire & Battery’s location next to this exceptional development offers a prospective purchaser entry into a high growth, “A” class market that is positioned to thrive. National

LOCATION OVERVIEW | 11 More than a few dining options!

For most Atlanta Braves fans visiting SunTrust Park for the first time, the focus will likely be on the game. But where do you gear up for the action — or wind down after it’s over? The Battery, the entertainment complex attached to the park, offers up spots to throw back a cold beer, down a gourmet sausage or chow down on a burger or BBQ.

NTB - IREA and over 500,000 square feet of residential in the immediate area. immediate the in residential of feet square 500,000 over and population, daytime booming already area’s the to office—adding A class new of feet square 400,000 chefs, Atlanta’sacclaimed most of some restaurants retail—including by experiential and unique of feet square 400,000 of upwards Featuring jewel. crown SunTrust its with as Park destination, stay” work, “play, a into development year. a rede Battery days The 365 experience entertainment unprecedented the is an Braves’ Atlanta the of League home The community. new Major and development a state-of-the-art multi-use a with park Baseball integrates that destination use mixed- foot square million 1.5 billion, $1.3 a is Atlanta Battery The Atlanta Braves’ SunTrust Park & The Battery Atlanta™ 12 INCREASE INGAME 3 MILLION PROJECTED FAN VISITS PER YEAR VISITS ATTENDANCE fi 37% nes the traditional model of a “live, work, play” play” work, “live, a of model traditional the DELIVERING A NEW STANDARD TO THE SOUTHEAST at SunTrustat Park HOME OF THE THE OF HOME OFFICE: 400,000SF RESIDENTIAL: 523,000SF HOMETO COMCAST’S SOUTHEAST • 550 UNITS OF ONE, TWO & THREE BEDROOM • INDIVIDUALS INITS 250,000 SFSPACE HEADQUARTERS, WHICHEMPLOYS 1,000+ CONDOS 12 INCREASE INGAME 3 MILLION PROJECTED FAN VISITS PER YEAR VISITS NEW RESIDENTS ATTENDANCE fi +1,300 r t f t kn, offering kind, its of st 37% DELIVERING A NEW STANDARD TO THE SOUTHEAST at SunTrustat Park HOME OF THE THE OF HOME OFFICE: 400,000SF RESIDENTIAL: 523,000SF HOMETO COMCAST’S SOUTHEAST • 550 UNITS OF ONE, TWO & THREE BEDROOM • INDIVIDUALS INITS 250,000 SFSPACE HEADQUARTERS, WHICHEMPLOYS 1,000+ CONDOS RETAIL: 400,000SF HOTEL: SF UNIQUEANDEXPERIENTIAL RETAIL • 1,050HOTEL ROOMS • THE BATTERY &SUNTRUST PARK |13 ATLANTA’S MOST ACCLAIMED CHEFS INCLUDING RESTAURANTS BY SOMEOF NEW RESIDENTS +1,300

Tire Battery National & HOTEL: SF

RETAIL: 400,000SF

1,050HOTEL ROOMS •

UNIQUEANDEXPERIENTIALRETAIL • ATLANTA’S MOST ACCLAIMED CHEFS INCLUDING RESTAURANTS BY SOMEOF Home at the Battery Atlanta

Home at The Battery Atlanta is a brand-new collection of spacious residences, modern flats and styled amenities located at the doorstop of the Atlanta Braves’ new home, SunTrust Park. There are three apartment communities named Residences, Battery Parkside and Flats that together make up “Home at The Battery Atlanta (500+ units altogether). &

Residences will have 81 apartments overlooking The Battery’s epicenter. These units will enjoy rooftop bars, lounges, TV gallery Tire and wrap-around balcony with views of SunTrust Park.

For more info visit: www.homeatthebatteryatl.com National

NTB - IREA Parkside Apts. Residences Apts.

Flats Apts. Living with a view!

LIVING & AMENITIES | 15 NTB -IREA range oflocal,national andinternational artists andbands. hosts approximately 40shows peryear andpresents adiverse corporate meetingsandprivate events. The Coca-Cola Roxy the artsound,lightsandproduction capabilitiesfor live music, wheelchair accessible. The 53,000 square foot site hasstate of and permanentseating inthebalcony. Bothlevels are ADA including ageneral admission floor, theatre-style seating The new two-tiered intimate venue has a flexible configuration the intersection ofinterstates 75 and285. Park, homeof The Atlanta Braves. Itisconveniently located near The Battery Atlanta, a mixed-use development next to SunTrust opened inAprilof2017. The 3,600capacityvenue islocated in The Coca-Cola Roxy, Atlanta’s brand-new concert venue, The Coca-Cola Roxy

NationalTire& Battery Entertainment just steps away

ROXY/ ENTERTAINMENT | 17 Omni Hotel & Resort

A unique city full of dining, sports, entertainment, and adventure, Atlanta is the perfect travel destination. Omni Hotel at The Battery Atlanta offers an exclusive experience to stay in the center of The Battery Atlanta and SunTrust Park and access to Battery other popular attractions: Coca Cola Roxy Theater, Six Flags Over Georgia, The and more. &

Catch a game at SunTrust Park, grab dinner at the multiple dining options at The Battery Atlanta, or catch a show at the Coca Cola Tire Roxy Theater. Everything you need for a memorable stay is in walking distance from Omni Hotel at The Battery Atlanta.

For more info visit: www.omnihotels.com/hotels/atlanta-battery

The Battery Holiday Bash! National

NTB - IREA Relax and soak up some rays at the Omni Hotel elevated pool deck while enjoying premium views of The Battery Atlanta. For ultimate relaxation, indulge poolside with refreshing beverages and American bites at our pool bar!

A Memorable experience!

List of Nearby Hotels & Walking-Distance In Minutes

1) DoubleTree Suites by Hilton Hotel (4 Min) 2) Hyatt Place Atl. (13 Min) 3) Renaissance Atl. Waverly Hotel (25 Min) 4) Residence Inn (18 Min) 5) Sheraton Suites (16 Min) 6) Wingate by Wyndham (12 Min)

OMNI HOTEL/ HOSPITALITY INFO. | 15

Site Diagram

COBB PARKWAY SE (US HWY 41) HWY (US SE PARKWAY COBB COBB PARKWAY SE (US HWY 41) HWY (US SE PARKWAY COBB

NTB Adjacent Directly West of

NTB - IREA Target Center National Tire & Battery

Originally founded in 1997 by Sears and sold to Sumitomo Corporation in 2003, National Tire & Battery is a subsidiary of TBC Corporation, one of the largest marketers and distributors of automotive tires in the U.S. The company has more than 10,500 employees throughout the U.S., Battery Canada, and Mexico and operates four retail tire and automotive service center brands (Tire Kingdom, Big O Tires, Merchant’s Tire & Auto Centers, & and National Tire & Battery) with more than 1200 total locations, 38 tire distribution centers under the Carroll Tire Company brand, and through its TBC Brands division represents thirteen proprietary tire brands.

The company has been an independent wholly-owned subsidiary of Sumitomo Corporation of America (S&P: A-) since SCOA purchased TBC Corporation in 2005, taking TBC private after 22 years of being publicly traded. NTB offers a full array of automotive products and services, including oil changes, wheel alignments, tire rotation and installation, battery and wiper blade replacement, and suspension inspections, all performed by ASE-certified technicians.

TireNational

SITE & TENANT PROFILE | 21 NationalTire& Battery Absolute NNN Lease 2195 Cobb Parkway SE, Smyrna (ATL | MSA), GA, 30080 Financial Setup NTB_Smyrna (ATL) by Supreme Commander Thompson NTB_Smyrna (ATL) by Supreme Commander Thompson

Financial IndicatorsFinancial Indicators Property AbstractProperty Abstract Purchase Price:Purchase Price: $3,650,000 $3,650,000 Lease Begin: Lease Begin: 4/15/13 4/15/13 Down Payment:Down Payment: 100% $3,650,000100% $3,650,000 Lease Expire: Lease Expire: 4/30/33 4/30/33(15 Yrs. Remaining)(15+ Yrs. Remaining) Approx. Lot Size:Approx. Lot Size:40,336 40,336(0.926 Acres) (0.926 Acres) CAP Rate: CAP Rate: 5.0% 5.0% Net Square Feet:Net Square Feet:6,922 6,922 Cash on CashCash Return: on Cash Return: 5.0% 5.0% Year Built: Year Built: 2013 2013 Parking: Parking: 26 Spaces 26 Spaces

Annual RentsAnnual Rents Cap Rate Cap Rate Notes Notes $182,163 $182,1635/1/2018 to 5/1/20184/30/2023to 4/30/20235.0% 5.0% Property to beProperty delivered to free be ofdelivered debt. free of debt. $204,022 $204,0225/1/2023 to 5/1/20234/30/2028to 4/30/20285.6% 5.6% Three 5-year optionsThree 5-yearfollowing options base followinglease. base lease. $228,505 $228,5055/1/2028 to 5/1/20284/30/2033to 4/30/20336.3% 6.3% CPI rent escalationsCPI rent every escalations 5-years maxevery rare 5-years 12%, next max bumprare 12%, in 202 next3 bump in 2023 Information deemedInformation reliable, deemed but not reliable, guaranteed. but not guaranteed.

TROPHY LOCATION ADJACENT TO THE NEW $1B ATLANTA BRAVES’ NTB - IREA SUNTRUST STADIUM & THE BATTERY ATLANTA Highlights

Investment Highlights Absolute NNN Lease w/ 15 Years Remaining on Base Term Affluent Region w/ Average Household Income Exceeding $94,500 Population Density Exceeds 211,000 Within a Five Mile Radius

CPI Rent Escalations Every 5-Years, Max Rare 12%, Next‐ Bump in 2023 Highly Traffic Count Location w/ over 42,000 Cars Per Day Within 1.1 Miles of Area's Destination Center: The Battery at Atlanta Braves Stadium Three 5-Year Options To Renew Premier Retail Location

TROPHY LOCATION ADJACENT TO THE NEW $1B ATLANTA BRAVES’ SUNTRUST STADIUM & THE BATTERY ATLANTA FINANCIALS | 23 Affluent Demographics: Five mile population NTB By The Numbers (5, 3, & 1 Mile Radius) exceeding 211,000 Total Population and an average household income of 2017 5 Mile: 211,330 | ‘17 3 Mile: 97,333 | ‘17 1 Mile: 14,982 over $94,500. 2022* 5 Mile: 225,813 | ‘22 3 Mile: 104,695 | ‘22 1 Mile: 16,026

Total Average Household by Income

2017 5 Mile: $94,711 | ‘17 3 Mile: $80,802 | ‘17 1 Mile: $55,768 2022* 5 Mile: $107,100 | ‘22 3 Mile: $93,862 | ‘22 1 Mile: $66,796

Total Median Household by Income

2017 5 Mile: $58,379 | ‘17 3 Mile: $55,114 | ‘17 1 Mile: $41,325 2022* 5 Mile: $68,058 | ‘22 3 Mile: $63,641 | ‘22 1 Mile: $48,720

Total Businesses & Employees

Within 1 Mile Radius 1,237 & 15,747 Within 2 Mile Radius 6,913 & 112,710 Within 5 Mile Radius 11,774 & 169,751

Demographics *Projected 2022

GARVEYNTB - IREA EXCHANGE - IREA 3/1/2018 NTB By The Numbers (5 MileBusiness Radius/ Analyst Subject Property)

Households By Income EDUCATION The largest group: $35,000 - $49,999 (19.5%) The smallest group: $200,000+ (1.5%) Indicator Value Difference <$15,000 10.8% +2.8% $15,000 - $24,999 13.8% +6.0% 13% $25,000 - $34,999 15.4% +7.1% $35,000 - $49,999 19.5% +7.6% No High 29% $50,000 - $74,999 18.0% -0.1% School $75,000 - $99,999 9.5% -3.0% Diploma Some College $100,000 - $149,999 9.6% -7.9% 16% 41% $150,000 - $199,999 1.9% -5.8% High School Bachelor's/Grad/Prof $200,000+ 1.5% -6.7% Graduate Degree

EMPLOYMENT Bars show deviation from Cobb County 62% INCOME White Collar 17% 6.4% Blue Collar Unemployment 21% Rate Services $41,325 $27,466 $12,012 Median Household Per Capita Income Median Net Worth Income BUSINESS

KEY FACTS

14,982 30.3 Population Median Age 1,237 15,747

Total Businesses Total Employees 2.0 $41,325

Avg HouseholdAverage Size MedianMedian Household Household Income https://bao.arcgis.com/esriBAO/index.html?cacheBust=1# 1/4 Sources: IREA; ESRI Information Services; U.S. Census Bureau of Labor Statistics; Wikipedia; Fortune/Money.CNN.com; Forbes; Business Insider;Moody's; Zillow; Trulia; City of Glendale; Los Angeles County; Los Angeles Times; REIS; California Association of Realtors; DataQuick; Curbed LA; Glendale News-Press; San Fernando Valley Business Journal; Glendale Unified School District; Glendale Community College; ThinkGlendale.com; Los Angeles Times. NTB - IREA DEMOGRAPHICS | 25 THE INFORMATION PROVIDED HEREIN IS FROM SOURCES WE BELIEVE ARE RELIABLE. WHILE WE DO NOT DOUBT ITS ACCURACY, WE HAVE NOT VERIFIED IT AND MAKE NO REPRESENTATIONS, GUARANTEES OR WARRANTIES ABOUT IT. IREA

INVESTMENT REAL ESTATE ASSOCIATES

OFFICE 16501 Ventura Blvd. Suite 448 Encino, CA 91436 Phone: 818.386.6888 Fax: 818.386.2805 www.irea.com Battery &

INVESTMENT ADVISORS

Chris Thompson Senior Partner (818) 522-4792 [email protected] Tire 01205918 National

NTB - IREA