Shoppers Drug Mart Portfolio | 1

WOODSTOCKEMBRUN

SHOPPERS DRUG MART PORTFOLIO | 1

STRATFORD SHOPPERS DRUG MART

WOODSTOCK RETAIL PORTFOLIO

Exclusive Opportunity to Acquire Four Shoppers Drug Mart Assets Located in Ontario WINDSOR 2 |

THE OFFERING

JLL’s National Retail Investment Group has been exclusively retained to seek offers to acquire a collection of four single tenant Shoppers Drug Mart assets on a portfolio or individual basis.

The Portfolio is comprised of four assets totaling 91,350 SF of leasable area, fully leased to Shoppers Drug Mart, a proven ‘AAA’ covenant. Shoppers Drug Mart is Canada’s leading pharmacy retailer with nearly 1,400 locations across the country. In 2013, Loblaw Companies acquired Shoppers Drug Mart Corporation for $12.4 Billion, with Shoppers Drug Mart becoming a unique and independent operating division of the company.

1. WINDSOR SHOPPERS DRUG MART 2. STRATFORD SHOPPERS DRUG MART 1760 HURON CHURCH ROAD | 29,228 SF 511 HURON STREET | 27,375 SF

HURON MALL 511 HURON ST.

1760 HURON CHURCH RD.

HURON STREET (HIGHWAY 8)

HURON CHURCH ROAD (HIGHWAY 3) SHOPPERS DRUG MART PORTFOLIO | 3

This Portfolio offers Buyers secure and increasing future cash flows with an excellent weighted average lease term of 10.5 years. The four assets in this Ontario-based Portfolio include: 1760 Huron Church Road, Windsor; 511 Huron Street, Stratford; 333 Dundas Street, Woodstock; and 703 Notre Dame Street, Embrun. Each Property has contractual rental escalation(s) throughout the lease terms.

The Properties are strategically located in their respective communities, situated on major arterial thoroughfares providing easy accessibility and high traffic flow. The Portfolio is distributed across well-established and/or growing markets throughout Ontario, where they draw from trade areas extending well beyond their local communities.

2. STRATFORD SHOPPERS DRUG MART 3. WOODSTOCK SHOPPERS DRUG MART 4. EMBRUN SHOPPERS DRUG MART 511 HURON STREET | 27,375 SF 333 DUNDAS STREET | 17,837 SF 703 NOTRE DAME STREET | 16,910 SF

703 NOTRE DAME ST.

33 DUNDAS ST.

DUNDAS STREET (HIGHWAY 2)

VANSITTART AVENUE NOTRE DAME STREET (HIGHWAY 3) 4 |

PORTFOLIO SNAPSHOT

TOTAL LEASABLE SITE AREA REMAINING LEASE PROPERTY ADDRESS AREA (SF) (ACRES) TERM (YEARS)

1. 1760 Huron Church Road, Windsor 29,228 1.98 11.3

2. 511 Huron Street, Stratford 27,375 2.05 8.1

3. 333 Dundas Street, Woodstock 17,837 1.20 12.8

4. 703 Notre Dame Street, Embrun 16,910 2.31 10.7

TOTAL 91,350 7.54 WALT 10.5

PORTFOLIO HIGHLIGHTS

100% 100% 100% 91,350 10.5 4 LEASED NATIONAL ESSENTIAL SQUARE FEET WALT (YEARS) MARKETS SHOPPERS DRUG MART PORTFOLIO | 5

All four of these Shoppers Drug Mart leases are triple net with rental escalations throughout, and the Portfolio has a very healthy WALT of 10.5 years.

1760 HURON CHURCH ROAD, 511 HURON STREET, 333 DUNDAS STREET, 703 NOTRE DAME STREET, WINDSOR STRATFORD WOODSTOCK EMBRUN

2 3

1 1760 HURON CHURCH ROAD, WINDSOR 511 HURON STREET, STRATFORD 6 |

333 DUNDAS STREET, WOODSTOCK 703 NOTRE DAME STREET, EMBRUN SHOPPERS DRUG MART PORTFOLIO | 7

PORTFOLIO INVESTMENT HIGHLIGHTS

‘AAA’ COVENANT Shoppers Drug Mart is Canada’s top pharmacy, headquartered in Toronto, Ontario. It has nearly 1,400 pharmacist-owned locations across the country, offering a wide range of health, beauty, and convenience products/services.

In 2013, Loblaw Companies acquired Shoppers Drug Mart Corporation for $12.4 Billion, with Shoppers being a unique and independent operating division of the Company. In 2016, Shoppers Drug Mart stores achieved annual sales of $12.2 Billion.

EXCELLENT INCOME SECURITY This fully leased Portfolio offers investors stable and increasing cash flows and has a weighted average lease term of 10.5 years. The excellent lease expiry provides investors with a secure income stream over the investment holding period. In addition, the Portfolio offers contractual rental escalations throughout each Property’s lease term.

TRIPLE NET LEASED ASSETS This Portfolio provides investors with an extremely rare opportunity to acquire a fully-leased collection of well- performing, high quality Shoppers Drug Mart assets with triple net leases.

WELL-DESIGNED ASSETS The Properties are well-designed with ample parking, premium visibility and multiple access points. All four Properties within the Portfolio are “Daily Needs Retail” and serve as frequent destinations for residents of the surrounding communities.

AVAILABLE FREE & CLEAR The Portfolio is available free and clear of any debt, allowing the investor to secure new financing at preferred rates and terms from their lender of choice in today’s attractive debt market. 8 |

EXCLUSIVE ADVISORS

JLL has been exclusively retained to seek proposals to acquire the Properties on a portfolio or individual basis. All inquires should be directed to the undernoted.

Matthew Smith* Nick Macoritto* Mark Leshchyshyn* Executive Vice President, Practice Lead Executive Vice President Sales Associate National Retail Investment Group National Retail Investment Group National Retail Investment Group (416) 304-6004 (416) 238-5874 (416) 304-6022 [email protected] [email protected] [email protected]

* Sales Representative