COMCAST 701 & 711 S Dirksen Parkway Springfield, Illinois 62703 TABLE of CONTENTS

NET LEASE INVESTMENT OFFERING

COMCAST 701 & 711 S Dirksen Parkway Springfield, Illinois 62703 TABLE OF CONTENTS

TABLE OF CONTENTS

I. Executive Profile II. Location Overview III. Market & Tenant Overview Executive Summary Photographs Demographic Report Investment Highlights Aerial Market Overview Property Overview Site Plan Tenant Overview Maps

NET LEASE INVESTMENT OFFERING Actual Rendering DISCLAIMER STATEMENT

DISCLAIMER The information contained in the following Offering Memorandum is proprietary and strictly confidential. STATEMENT: It is intended to be reviewed only by the party receiving it from The Boulder Group and should not be made available to any other person or entity without the written consent of The Boulder Group.

This Offering Memorandum 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. The Boulder Group has not made any investigation, and makes no warranty or representation.

The information contained in this Offering Memorandum has been obtained from sources we believe to be reliable; however, The Boulder Group has not verified, and will not verify, any of the information contained herein, nor has The Boulder Group 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.

NET LEASE INVESTMENT OFFERING EXECUTIVE SUMMARY

EXECUTIVE The Boulder Group is pleased to exclusively market for sale a single tenant two building Comcast property located SUMMARY: in the Springfield, Illinois. Comcast has a long operating history at the location since 2006. Comcast recently exercised one of their renewal options, demonstrating their commitment to the location. There over two years remaining on the lease with one five-year renewal option remaining. The lease is absolute triple net with zero landlord responsibilities and features 3% annual rental escalations.

The Comcast property is ideally located at the corner of a signalized intersection. The property is located along S Dirksen Parkway (21,700 VPD), a primary east-west thoroughfare, and is immediately off of Interstate 55 (54,800 VPD). Retailers in the trade corridor include JCPenney, Shop ‘n Save, Burger King, AutoZone, UPS, Popeyes and a Pepsi bottling facility. There are 105,889 people living within five miles of the property.

Comcast Corporation is an American telecommunications conglomerate headquartered in Philadelphia, Pennsylvania. It is the second-largest broadcasting and cable television company in the world by revenue and the largest pay-TV company, the largest cable TV company and largest home Internet service provider in the United States, and the nation’s third-largest home telephone service provider. Comcast services U.S. residential and commercial customers in 40 states and in the District of Columbia. As the owner of the international media company NBCUniversal since 2011, Comcast is a producer of feature films and television programs intended for theatrical exhibition and over-the-air and cable television broadcast, respectively.

NET LEASE INVESTMENT OFFERING INVESTMENT HIGHLIGHTS

INVESTMENT • Comcast has a long operating history at the location since 2006 HIGHLIGHTS: • Comcast recently exercised one of their renewal options, demonstrating their commitment to the location

• Absolute triple net with zero landlord responsibilities

• 3% annual rental escalations

• Ideally located at the corner of a signalized intersection

• Located along S Dirksen Parkway (21,700 VPD), a primary east-west thoroughfare, and is immediately off of Interstate 55 (54,800 VPD)

• Retailers in the trade corridor include JCPenney, Shop ‘n Save, Burger King, AutoZone, UPS, Popeyes and a Pepsi bottling facility

• 105,889 people living within five miles of the property

NET LEASE INVESTMENT OFFERING PROPERTY OVERVIEW

PROPERTY Price: $4,174,977 OVERVIEW: Cap Rate: 9.00%

Net Operating Income: $375,748

Lease Expiration Date: July 31, 2021

Rental Escalations: 3% annually

Renewal Options: One 5-Year (Remaining)

Tenant: Comcast of Illinois/Indiana/Ohio, LLC

Lease Type: Absolute NNN

Building Sizes: 22,654 SF – North Building (701 Building) 18,515 SF – South Building (711 Building) 41,169 SF - Total

Land Size: 5.38 AC

NET LEASE INVESTMENT OFFERING PHOTOGRAPHS

NET LEASE INVESTMENT OFFERING AERIAL

NET LEASE INVESTMENT OFFERING SITE PLAN

NET LEASE INVESTMENT OFFERING MAP MAP

Lake Michigan

NET LEASE INVESTMENT OFFERING DEMOGRAPHIC REPORT

DEMOGRAPHIC Population 1-Mile 3-Mile 5-Mile REPORT: Total Population 4,611 52,354 105,889 Total Households 1,826 22,030 46,092

Income 1-Mile 3-Mile 5-Mile

Average Household Income $41,802 $49,866 $60,652

NET LEASE INVESTMENT OFFERING MARKET OVERVIEW

MARKET Springfield, Illinois OVERVIEW: Springfield is the capital of the U.S. state of Illinois and the county seat of Sangamon County. The city’s population of 116,250 as of the 2010 U.S. Census makes it the state’s sixth most populous city. It is the largest city in central Illinois. As of 2013, the city’s population was estimated to have increased to 117,006, with just over 211,700 residents living in the Springfield Metropolitan Statistical Area, which includes Sangamon County and the adjacent Menard County.

NET LEASE INVESTMENT OFFERING TENANT OVERVIEW

TENANT Comcast OVERVIEW: Comcast Corporation is an American telecommunications conglomerate headquartered in Philadelphia, Pennsylvania. It is the second-largest broadcasting and cable television company in the world by revenue and the largest pay-TV company, the largest cable TV company and largest home Internet service provider in the United States, and the nation’s third-largest home telephone service provider. Comcast services U.S. residential and commercial customers in 40 states and in the District of Columbia. As the owner of the international media company NBCUniversal since 2011, Comcast is a producer of feature films and television programs intended for theatrical exhibition and over-the-air and cable television broadcast, respectively.

Comcast owns and operates the Xfinity cable communications subsidiary, over-the-air national broadcast network channels (NBC and Telemundo), multiple cable-only channels (including MSNBC, CNBC, USA Network, NBCSN, and E!, among others), the film studio Universal Pictures, and Universal Parks & Resorts. It also has significant holdings in digital distribution, such as thePlatform, which it acquired in 2006. Comcast and Charter Communications entered into an agreement to conduct exclusive discussions with Sprint Corporation in late June 2017. Since October 2018, it is also the parent company of mass media pan-European company Sky, making it the biggest and leading media company with more than 53 million subscribers over five countries across Europe.

Website: www.corporate.comcast.com Market Cap: $169 Billion Headquarters: Philadelphia, Pennsylvania Employees: 164,000

NET LEASE INVESTMENT OFFERING Randy Blankstein President 847.562.0003 [email protected]

Jimmy Goodman Partner 847.562.8500 [email protected]

3520 Lake Avenue, Suite 203 Wilmette, IL 60091