Schneider National Regional Facility

INVESTMENT OPPORTUNITY SCHNEIDER NATIONAL REGIONAL FACILITY

COLUMBUS, OH (OBETZ)

OFFERED AT: $5,799,000 | 6.00% CAP OFFERED AT $2,027,000 | 6% CAP Actual Property EXECUTIVE SUMMARY TENANT OVERVIEW PROPERTY INFORMATION AREA OVERVIEW

TABLE OF CONTENTS

EXECUTIVE SUMMARY 3 Investment Highlights 4 Offering Summary 5 Lease Summary & Rent Overview 6 Lease Abstract

TENANT OVERVIEW 7 About Schneider 9 COVID-19 & Freight Volume

PROPERTY INFORMATION 10 Building Description 11 Site Overview 12 Property Photos 15 Market Highlights

AREA OVERVIEW 16 Location Maps 18 Columbus Overview 20 Columbus Region 22 Demographics 23 Aerials

Confidentiality Agreement & Disclosures

EXCLUSIVELY LISTED BY RYAN BARR RYAN BENNETT Principal Principal 760.448.2446 760.448.2449 [email protected] [email protected]

TODD SPENCER, SIOR, CCIM MIKE SPENCER, SIOR Principal Principal 614.923.3300 614.923.3300 [email protected] [email protected]

SCHNEIDER NATIONAL TRUCKING - REGIONAL FACILITY | Columbus, OH | 2 EXECUTIVE SUMMARY TENANT OVERVIEW PROPERTY INFORMATION AREA OVERVIEW

• Offering Summary • Investment Highlights Lease Summary & Rent Schedule Lease Abstract

-- OFFERING SUMMARY --

INVESTMENT HIGHLIGHTS PROPERTY OVERVIEW Offering Price: $5,799,000 Address: 2177 Williams Rd Obetz (Columbus), OH 43207 Net Operating Income: $348,000 Building Size: 19,941 SF Cap Rate: 6.00% Land Size: 12.92 Acres Lease Type: Absolute Triple-Net (NNN) Ownership: Fee Simple (Land, Building) LL Responsibilities: None Year Built: 1995 APN: 153-000007, 153-0000677

Lee & Associates is pleased to exclusively offer for sale the fee simple interest (land & building) in an industrial warehouse facility located in Columbus (Obetz), Ohio (the “Property”). Originally built in 1995, the Property is currently leased by Schneider National Trucking and consists of a 19,941-square-foot industrial building that sits on two parcels totaling approximately 12.92 acres. This facility is one of 42 strategically located transportation facilities Schneider has in the U.S. Schneider National Trucking (NYSE: SNDR), is a premier provider of trucking, intermodal and logistics services, offering one of the broadest portfolios in the industry. With nearly $5 billion in annual revenue, Schneider has been safely delivering superior customer experiences and investing in innovation for over 80 years. Schneider has leased this location since July 2010, and recently exercised their first Option, extending their lease for another five years. The Absolute triple-net (NNN) lease features annual rent increases of 3% and includes two (2) additional 5-year options. The landlord has no maintenance responsibilities on the asset, providing an investor with a true passive investment grade credit income stream. There is approximately 4.96 acres of vacant land adjacent to the subject property. The Seller has control of the site and has been in discussion with Schneider for future expansion. The site is permitted, approved and ready to go, with plans already drawn up for additional tractor and trailer parking. The Tenant’s operations at this site benefit from the expansive parking, streamlined truck staging & loading process, and full-circulation truck access. The property is conveniently located inside of the I-270 outerbelt with convenient freeway access via Alum Creek Drive. Additionally, it is strategically located in close proximity to two intermodal facilities, one of the world’s only cargo dedicated airports and Columbus’s largest industrial submarket. The Property is located in Obetz, Ohio, an outer suburb of Columbus, approximately 7 miles south of the City. Columbus is the state capital and the most populous city in the state of Ohio. Columbus MSA is a thriving metropolitan area of 2.2 million people and is the fastest growing major metropolitan area in the Midwest as well as #1 in job and GDP growth. Columbus was ranked as one of the Top 10 Best Large Cities in the 2018 report issued by Relocate America, a real estate research firm. As the 14th largest city in the United States, Columbus is the capital of Ohio and the largest city in the state. The metropolitan area is home to the Battelle Memorial Institute, the world’s largest private research and development foundation; Chemical Abstracts Service, the world’s largest clearinghouse of chemical information and Ohio State University, one of the largest universities in the United States.

SCHNEIDER NATIONAL TRUCKING - REGIONAL FACILITY | Columbus, OH | 3 EXECUTIVE SUMMARY TENANT OVERVIEW PROPERTY INFORMATION AREA OVERVIEW

Offering Summary • Investment Highlights • Lease Summary & Rent Schedule Lease Abstract

-- INVESTMENT HIGHLIGHTS --

CORPORATE LEASE: SCHNEIDER NATIONAL TRUCKING (NYSE: SNDR) | PREMIER PROVIDER STRATEGIC LOCATION INSIDE I-270 OUTERBELT | FREEWAY ACCESS VIA ALUM CREEK DR OF TRUCKING, INTERMODAL, LOGISTIC SERVICES | $4.7B ANNUAL REVENUES (2019) (14,200 CPD) | CLOSE PROXIMITY TO RICKENBACKER AIRPORT, ONE OF WORLD’S TOP • Leased to Schneider National Trucking (NYSE: SNDR) CARGO DEDICATED AIRPORTS, TWO INTERMODAL FACILITIES • Premier provider of trucking, intermodal and logistics services • Property ideally located within the I-270 outerbelt surrounding Columbusyt • Revenues of over $4.7B (2019) • Site offers convenient I-270 freeway access via Alum Creek Dr (14,200+ CPD) • 190+ Locations Worldwide • Just 5.7 miles from Rickenbacker Airport, one of the world’s only cargo dedicated airports and home to intermodal shipping facilities he Dr. SUCCESSFUL OPERATING HISTORY | LONG TERM ABSOLUTE NNN LEASE | ANNUAL RENT INCREASES | ZERO LANDLORD RESPONSIBILITIES COLUMBUS ONE OF BEST DISTRIBUTION CENTERS IN U.S. | ONE-DAY DRIVE FROM 46% • Corporate lease guaranteed by Schneider Resources Inc. OF THE U.S. | QUICK ACCESS TO DOWNTOWN COLUMBUS • Tenant has operated at this location since July 2010 • Columbus one of the best distribution locations in the country • Recent early 5-year lease extension reflects commitment to site • Property is within a one-day drive from 46% of the U.S. - Capable of reaching more • The lease features annual rent increases of 3% through the Primary Term & Options Americans within 500 miles than any other major inland or coastal port • Below market annual lease rate • Strong logistics & transportation network • Absolute Triple-Net (NNN) lease requires no Landlord responsibilities • Major freeways offer exceptional transportation hub: I-71, I-70, I-270 and I-670 • Quick access to Downtown Columbus (5.7 Miles) ONE OF 42 STRATEGIC FACILITIES FOR SCHNEIDER IN THE U.S. | LARGE SITE OFFERS FULL- CIRCULATION TRUCK ACCESS | EXPANSIVE PARKING | ADJACENT PARCEL AVAILABLE FOR LOCATED IN COLUMBUS: CAPITAL CITY OF OHIO | LOW COST OF DOING BUSINESS | HOME EXPANSION TO WORLD’S LARGEST PRIVATE R&D FOUNDATION, LARGEST CHEMICAL CLEARINGHOUSE, • Facility is one of 42 strategically located transportation facilities for Schneider in the U.S. AND THE OHIO STATE UNIVERSITY • Large 12.92-acre parcel • Columbus: Capital and most populous city in Ohio (POP: 898,553). • Full-circulation truck access • Expansive parking for 98 Trailers, 88 Tractors, and 111 Autos • Columbus ranks as one of the lowest in the nation for cost of doing business • Future expansion available on adjacent 4.96-acre parcel • Fastest growing metropolitan area in the Midwest - 2.2 Million People • Home to the Battelle Memorial Institute, the world’s largest private research and development foundation; Chemical Abstracts Service, the world’s largest clearinghouse of chemical information and Ohio State University, one of the largest universities in the United States.

SCHNEIDER NATIONAL TRUCKING - REGIONAL FACILITY | Columbus, OH | 4 EXECUTIVE SUMMARY TENANT OVERVIEW PROPERTY INFORMATION AREA OVERVIEW

Offering Summary Investment Highlights • Lease Summary & Rent Schedule • Lease Abstract

-- LEASE SUMMARY -- -- RENT SCHEDULE --

LEASE INFORMATION LEASE TERM Schneider Resources, Inc., a wholly owned subsidiary of TENANT: TERM START DATE END DATE NOI/YR NOI/MO Schneider National, Inc. Year 1 12/1/2020 11/30/2021 $348,000.00 $29,000.00 STOCK SYMBOL: NYSE: SNDR Year 2 12/1/2021 11/30/2022 $358,440.00 $29,870.00 NET RENTABLE AREA: 19,941 SF (2 Buildings) Year 3 12/1/2022 11/30/2023 $369,193.20 $30,766.10 LOT SIZE: 12.92 Acres (2 Parcels) Year 4 12/1/2023 11/30/2024 $380,268.96 $31,689.08 RENT COMMENCEMENT: December 1, 2020 (7th Amendment) Year 5 12/1/2024 11/30/2025 $391,677.12 $32,639.76 LEASE EXPIRATION: November 30, 2025

BASE LEASE TERM: 5 Years RENEWAL OPTIONS - (2) 5-Year Options Option 1 12/1/2025 11/30/2026 $403,427.43 $33,618.95 REMAINING TERM: 5 Years 12/1/2026 11/30/2027 $415,530.25 $34,627.52 RENEWAL OPTIONS: (2) 5-Year Options 12/1/2027 11/30/2028 $427,996.15 $35,666.34 RENT INCREASES: 3% Annual Increases 12/1/2028 11/30/2029 $440,836.03 $36,736.33 LEASE TYPE: Absolute Triple-Net (NNN) 12/1/2029 11/30/2030 $454,061.11 $37,838.42 LANDLORD RESPONSIBILITIES: None Option 2 12/1/2030 11/30/2031 $467,682.94 $38,973.58 ANNUAL RENT: $348,000 12/1/2031 11/30/2032 $481,713.43 $40,142.78

12/1/2032 11/30/2033 $496,164.83 $41,347.07

12/1/2033 11/30/2034 $511,049.77 $42,587.48

12/1/2034 11/30/2035 $526,381.26 $43,865.10

SCHNEIDER NATIONAL TRUCKING - REGIONAL FACILITY | Columbus, OH | 5 EXECUTIVE SUMMARY TENANT OVERVIEW PROPERTY INFORMATION AREA OVERVIEW

Investment Highlights Offering Summary Lease Summary & Rent Schedule • Lease Abstract •

-- LEASE ABSTRACT --

Lessor and Lessee agree that this Lease is and shall be deemed to be a “Triple-Net” Lease and that, accordingly, during the term of this Lease or during the term of any renewal thereof, Triple-Net Lease/Property Taxes Lessee shall promptly pay Lessor when they become due as additional rent all taxes, assessments and other governmental charges in connection with the Premises, whether or not the amounts exceed the following estimates. Lessee shall, at its expense, obtain, carry and keep in force a policy of comprehensive general liability and property damage insurance which shall be issued by an insurance carrier li- censed in the State of Ohio, and reasonably acceptable to Lessor, against any liability or claim for personal injury, wrongful death, or property damage of the Premises, and which shall have coverage as follows: i. Comprehensive general liability insurance, including blanket contractual liability, on an occurrence basis for injury to or death of a person or persons and for damage to property occa- Insurance: sioned by or arising out of the use or occupancy of the Premises by Lessee, and covering Lessee’s indemnification obligations imposed by Section 17 of this Lease, the limits of such policy or policies to be in combined single limits amounts for both personal injury and property damage of not less than Two Million and No/I 00 Dollars ($2,000,000); and ii. All risk property insurance on the Premises including, without limitation, the Building, all improvements hereafter made thereto and all of Lessee’s fixtures, equipment and personal property at the Premises including, without limitation, coverage for loss or damage by water, flood, subsidence and sprinkler damage; such insurance to be written with full replacement cost coverage. This being a Triple-Net Lease, all maintenance shall be the obligation of and shall be conducted at the expense of Lessee except that Lessor shall perform all maintenance and make all repairs and replacements to the structure elements of the buildings on the Premises including, the exterior walls, roof and foundation of the buildings on the Premises and Lessor shall have responsibility to perform all maintenance, repairs and replacements solely to the subsurface infiltration bed portion of the parking lot. Subject to the preceding sentence, Maintenance: Lessee shall keep and maintain the Premises (including landscaping, snow removal), and all other improvements thereon in the same good condition and repair as received by Lessee on Commencement Date, ordinary wear and tear excepted. The obligations of Lessee in accordance herewith include, but are not limited to exterior cleaning of snow and rubbish removal, the maintenance of any landscaping that may be installed by Lessor, windows, doors, heating, ventilating and air conditioning systems (including periodic servicing thereof), plumbing and electrical systems, and all light fixtures.

Lessee shall pay for all utilities, including, but being not limited to electric, gas, water, sewer, heating, cooling, lighting, telephone service and all other service and utilities supplied to the Utilities: Premises. Lessor shall not be liable directly or indirectly for any damage or inconvenience caused by the lack of availability or interruption of the use of same. Lessee shall, upon request by Lessor, promptly execute an instrument certifying that this Lease is unmodified and in full force and effect (or if there have been modifications, that the same is in full force and effect as modified), and the dates to which the rent, additional rent for real estate truces and other charges have been paid, and stating whether or not to the Estoppel: best knowledge of the person who executes such instrument, Lessor is in default in performance of any covenant, agreement, term, provisions or condition contained in this Lease, and, if so, specifying each such default, it being intended that any such statement delivered pursuant hereto may be relied upon by any prospective purchaser or mortgagee thereof.

SCHNEIDER NATIONAL TRUCKING - REGIONAL FACILITY | Columbus, OH | 6 EXECUTIVE SUMMARY TENANT OVERVIEW PROPERTY INFORMATION AREA OVERVIEW

• About Schneider National • COVID & Freight Volume

-- ABOUT SCHNEIDER NATIONAL --

COMPANY OVERVIEW Schneider National, Inc. (NYSE: SNDR) is a leading transportation and logistics services company providing a broad portfolio of premier truckload, interodal, and logistics solutions and operating one of the largest for-hire trucking fleets in North America. The Company Company: Schneider National, Inc. has developed a differentiated business model that is difficult to replicate due to its scale, breadth of complementary service offerings, Founded: 1935 and proprietary technology platform. Its highly flexible and balanced business combines asset-based truckload services with asset-light intermodal and non-asset logistics offerings, enabling the Company to serve customers’ diverse transportation needs. Founded in 1935, Stock Symbol: NYSE: SNDR the company is headquartered in Green Bay, Wisconsin. Sales Revenue (2019) $4.7 Billion The company employs over 15,650 associates in over 190 countries worldwide, and manages approximately $2 billiion third- Net Income (2019): $220.2 Milliion party freight per year across a network of over 34,000 qualified carriers. In 2019, the company reported annual revenues of nearly $5 billion. Employees: 15,650 The company’s service offerings included one-way, dedicated, team, bulk, intermodal, dray, brokerage, cross dock, warehousing, and Headquarters: Green Bay, WI supply chain management. Their operations can be categorized into the following segments: Website: www.schneider.com • Truckload - freight transported and delivered with standard and specialty equipment by company-employed drivers in company trucks and by owner-operators. SCHNEIDER RECEIVES TARGET’S MIDDLE MILE AWARD • Intermodal - door-to-door container on flat car service by a combination of rail and over-the-road transportation, in association with FOR BEST TRANSPORTATION INNOVATOR rail carrier partners.

Table of Contents

Business Developments

On July 29, 2019, the Company's Board of Directors approved a structured shutdown of its FTFM service offering within its Truckload reporting segment which was substantially complete as of August 31, 2019. As part of the shutdown, we incurred $63.7 million of restructuring charges in 2019. Working with Schneider brings more benefits than moving freight Industry and Competition • Logistics - non-asset freight brokerage, supply chain, and import/export services. Truckload The trucking industry is the core of the U.S. economy and moves the vast majority of freight volume in the U.S. Trucking continues to attract shippers due to the mode’s cost advantages relative to air transportation and flexibility relative to rail. Growth in freight volume is largely tied to Gross Domestic Product growth and generally moves in line with the U.S. economy.

In the U.S. truckload industry sector, both dry van and specialty equipment are used to transport goods over a long haul and on a regional basis. Dry van carriers Table of Contents UNITED STATES represent an integral component of the transportation supply chain for most retail and manufactured goods in North America. Specialty carriers employ equipment from point A to B - Schneider looks for innovative solutions, services such as flat-bed trailers, straight trucks, temperature-controlled trailers, over-sized trailers, and bulk transport, dump, and waste equipment. These carriers can transport temperature-controlled products and bulk commodities such as specialty chemicals and petrochemicals. Specialty equipment offerings are characterized Washington, D.C. 20549 by higher equipment costs and more extensive driver training requirements relative to dry van offerings, resulting in higher barriers to entry and creating SECURITIES AND EXCHANGE10-K COMMISSION opportunities for differentiated value propositions for customers. ______FORM The company recently announced 3Q2020 results, which reflected revenue growth and increasing The U.S. truckload industry is highly competitive and fragmented, characterized by many small carriers with revenues of less than $1 million per year, fewer than 65 carriers with revenues exceeding $100 million per year, and less than 10 carriers with revenues exceeding $1 billion per year, according to the most recent ______rankings published by Transport Topics, an American Trucking Association publication. December 31, 2019 and expertise to give their clients more control over their supply chain Regulations and initiatives to improve the safety of the U.S. trucking industry have impacted industry dynamics. We believe the recent trend is for industry For the fiscal year endedOR regulation to become progressively more restrictive and complex, which constrains the overall supply of trucks and drivers in the industry. ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 ☒ ☒ Intermodal to “Domestic” or “North American domestic” intermodal is the term used in the trucking industry to refer to intermodal operations within North America (such as a market demand. The company reported increased volume in its Truckload and Intermodal shipment by rail and by truck either all within the U.S. or throughout North America). Freight is transported in a 53-foot container or trailer, using multiple modes of transportation (rail and truck) within the U.S., Canada, and Mexico. Intermodal transportation eliminates the need for customers to directly handle freight when For the transition period from changing modes between rail and truck, and holds significant productivity, cost, and fuel-efficiency advantages when moving freight. Containers are typically TRANSITION REPORT PURSUANT TO SECTIONCommission 13 File OR Number:15(d) OF 001-38054THE SECURI TIES EXCHANGE ACT OF 1934 and keep them moving forward. Recently, one of the country’s largest ☐ ☐ moved from truck onto rail and then back onto trucks before they reach their final destination. Domestic intermodal volumes are largely driven by over-the-road conversions from truckload to intermodal and from the volume of overseas imports into the U.S., such as from China. ______The domestic intermodal39-1258315 market is comprised of service providers of differing asset intensity, with customers being served by either non-asset IMCs or asset-light Schneider National, Inc. network intermodal providers, such as Schneider. While IMCs are the most prevalent intermodal solution providers, we believe that asset-light network intermodal (Exact Name of Registrant as Specified in Its Charter) providers offer differentiated(IRS Employer higher-valueIdentification No.) solutions to customers given the reliability and high service levels of company assets (trucks, containers, and even chassis) compared to non-asset IMCs. , and saw . “During the third quarter, recovery ______segments 20% growth in its Logistics segment

The domestic intermodal segment is highly consolidated, where the top three intermodal providers, including our Intermodal segment, operate a significant portion retailers, Target, awarded Schneider the “2020 Target Middle Mile of the U.S. dry van domestic container fleet. Network density, size, and scale are critical barriers to entry in the intermodal market. Increasing sophistication and

complexity of shippers’ needs require network density and the ability to deliver reliable capacity. Railroads have been investing significant amounts in recent years to maintain and improve their infrastructure, equipment, and efficiency, which we believe supports growth of the intermodal industry and improves the efficiency and reliability of the railroad component of our intermodal service. Wisconsin 3101 South Packerland Drive 54313 Green Bay, Wisconsin We are currently one of the largest domestic intermodal providers in North America by revenue and believe that we are well positioned for future growth in (State of Incorporation) intermodal freight through our nationwide network and company-owned container/chassis model. We focus on intermodal service as an alternative to placing of freight volumes accelerated and demand in nearly all geographic markets exceeded capacity,” additional trucks and drivers in lanes for which rail service otherwise provides competitive service or that are significantly longer in distance. Our longstanding (Address of Registrant’s Principal Executive Offices and Zip Code) (920) 592-2000 railroad relationships with . With their out-of-the- Award for Best Transportation Innovator” (Registrant’s Telephone Number, Including Area Code) Name of each exchange on which registered

______New York Stock Exchange

Trading symbol said Mark Rourke, Chief Executive Officer and President of Schneider. (View releasehere ). SNDR 2 Securities registered pursuant to Section 12(b) of the Act: box thinking, Schneider led two major initiatives that helped Target CLICKTitle of each class TO VIEW None ☐ ☐ ☒ ☒ No Class B common stock, no par value Yes

☒ ☒ Securities registered pursuant to Section 12(g) of the Act: ☐ ☐ No Indicate by check mark if the registrant is a well-known seasoned issuer, as definedYes in Rule 405 of the Securities Act. improve its shipping and stay in touch with their deliveries. Schneider has been named a Top Company for Women to Work and has been recognized as a ☐ ☐ Indicate by check mark if the registrant is not required to file reports pursuant to Section☒ 13 ☒ or Section No 15(d) of the Act. ANNUALYes REPORT Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13☐ or ☐15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), ☒and ☒(2) has No been subject to such filing requirements for the past 90 days. Yes

Top 10 Military Friendly Employer. Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T during View Press Release Here the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.

SCHNEIDER NATIONAL TRUCKING - REGIONAL FACILITY | Columbus, OH | 7 EXECUTIVE SUMMARY TENANT OVERVIEW PROPERTY INFORMATION AREA OVERVIEW

• About Schneider National • COVID & Freight Volume

-- About Schneider National -- INNOVATION & AWARD-WINNING SERVICE

Schneider has led the transportation, logistics, • Winner of the 2020 BIG Innovation Award. and supply chain industry since 1935. • Winner in the 2020 Forbes CIO 100 Innovation Awards. • Winner in the 2020 FreightTech25 Tech Award • Recognized as a leader in EDI (electronic data interchange) across the transportation industry. • One of the first carriers to implement ELDs (electronic logging devices) across our entire fleet.

SCHNEIDER BY THE NUMBERS 9.6 million freight miles 85+ years in the business Nearly $5 billion annual (loaded) per day revenue (2019)

190+ facilities worldwide Manages $2 billion third- 14,900 customers across party freight per year their portfolio 90.35% ROI for Supply Chain Management 34,000+ qualified carriers 15,650 associates customers in 2019 and growing worldwide

SCHNEIDER NATIONAL TRUCKING - REGIONAL FACILITY | Columbus, OH | 8 EXECUTIVE SUMMARY TENANT OVERVIEW PROPERTY INFORMATION AREA OVERVIEW

About Schneider National • COVID & Freight Volume •

-- COVID-19 & FREIGHT VOLUME -- The current rise in COVID-19 cases would suggest the current freight volume imbalance at the commodity and lane level is likely to continue well into 2021 as consumers dig in for the long-haul.

Seasonally adjusted freight Seasonallyactivity has moved adjusted higher for freightthe fourth activity straight week has and surpassed the prior week’s movedpost-pandemic higher high forreading. the fourthStrong seasonalstraight expectations week andcould surpassedchallenge the index the priorthrough week’s Thanksgiving. post- pandemic high reading.Read more from FTR on the Typically, spending on services makes up more than half of all economic activity Truck Freight Recovery Index. (services include health care, education and financial services), but as a result of the pandemic, consumer spending on services in the third quarter was down by 5.78% Source: Truckstop.com Spot Market Insights Analysis by FTR | Transportation Intelligence or $551 billion lower than the same period in 2019, while spending on goods was up 11/2/20 $301 billion or 6.2% q/q.

According to the Bureau of Economic Analysis, this has resulted in carriers having more freight to haul this year for certain commodities, such as fast-moving consumer goods that need constant replenishment and onoff expenditures on: • motor vehicles (up 11.42% q/q) Intermodal traffic maintains a

much stronger upward • furniture (up 12% q/q) – Overall tender rejects are still around 27% – and are still a 420% increase from last year. Intermodaltrajectory, though traffic inconsistent. • recreational goods (up 16% q/q). maintains a much

In the non-durable good sectors: November 20, 2020 strongerRead more upwardfrom FTR on the

Outbound tender rejects are an indication of available capacity in the origin market of the freight. If rejections are increa capacity may be tightening in that area. Rail Freight Recovery Index. ; Updated 11/19/20 nytimes.com • food and beverage expenditures were up 9% q/q Source: trajectory, though sing,

Source: FreightWaves • clothing and footwear was down by 9% q/q ; Updated 11/19/20 inconsistent.

VIEW LATEST TRANSPORTATION UPDATE Source: AAR, FTR Analysis by FTR | Transportation Intelligence 11/12/20

SCHNEIDER NATIONAL TRUCKING - REGIONAL FACILITY | Columbus, OH | 9 EXECUTIVE SUMMARY TENANT OVERVIEW PROPERTY INFORMATION AREA OVERVIEW

• Building Description • Site Overview Property Photos Market Highlights

-- BUILDING DESCRIPTION --

Total Building Size: Two buildings totaling 19,941 SF

Construction Date: 1995

Construction Type: Each building consists of brick and steel construction

Main Building - 3,200 SF of Office, 1,600 SF of lounge, 5,200 SF of Warehouse Description of Improvements: Shop/Maintenance Building - 200 SF of Office, 9,741 SF of Shop/Maintenance Area

Roof: Standing seam metal

HVAC: Infrared Heat in Shop

Doors: (4) 12’ x 14’ overhead doors

98 trailer spaces (12’x53’) Parking Spaces: 88 tractor spaces (10.5’x30’) 111 auto parking spaces (9’x19’)

SCHNEIDER NATIONAL TRUCKING - REGIONAL FACILITY | Columbus, OH | 10 EXECUTIVE SUMMARY TENANT OVERVIEW PROPERTY INFORMATION AREA OVERVIEW

Building Description • Site Overview • Property Photos Market Highlights

-- SITE OVERVIEW --

This facility is one of 42 strategically located transportation facilities Schneider has in the US.

PROPERTY SIZE The property included two buildings totaling approximately 19,941 square feet of rentable area situated on two parcels totaling 12.92 acres. The improvements include office space, kitchen/breakroom, laundry facilities, and maintenance shop. The Property has a well-designed parking and driveway layout, inclusive of full-circulation. Additionally, there is approximately 4.96 acres of vacant land adjacent to the Property, which has been permitted for future expansion (see more details below).

FULL SERVICE TRUCK STOP Schneider offers a nationwide facility network - full-service truck stops exclusively for Schneider drivers. Sites feature VIP concierge services like arranging hotels, and free amenities like showers, laundry, maintenance, cafeterias, exercise equipment, ATMs, drop boxes, WiFi, and more. This facility is one of 42 strategically located transportation facilities Schneider has in the U.S. (view full list of facilities here).

PROPERTY LAYOUT The main building on the property was constructed in 1995 and is a roughly 10,000 SF brick and metal building that consists of an approximately 3,200 SF main office, 1,600 SF driver’s lounge and 5,200 SF of warehouse space with three dock high doors and one overhead door. Additionally, there is a 9,941 SF truck maintenance facility with flow through design allowing truck cabs to easily pull through the facility after being worked on. The maintenance facility has radiant heat throughout, air drops and floor drains in place. The overhead doors are 14’ high x 12’ wide. The site is completely fenced, secured and lit with power along the entire perimeter of main parking areas. The existing site can accommodate parking for 98 trailers, 88 tractors and 111 auto parking spaces.

PARKING The property features abundant parking. There are approximately 98 trailer spaces (12’x53’), 88 tractor spaces (10.5’x30’), and 111 auto parking spaces (9’x19’).

FUTURE EXPANSION ON ADJACENT PARCEL There is approximately 4.96 acres of vacant land adjacent to the subject property. The Seller has control of the site and has been in discussion with Schneider for future expansion. The site is permitted, approved and ready to go, with plans tentatively drawn up for additional tractor and trailer parking.

SCHNEIDER NATIONAL TRUCKING - REGIONAL FACILITY | Columbus, OH | 11 EXECUTIVE SUMMARY TENANT OVERVIEW PROPERTY INFORMATION AREA OVERVIEW

Building Description Site Overview • Property Photos • Market Highlights

-- EXTERIOR PROPERTY PHOTOS --

SCHNEIDER NATIONAL TRUCKING - REGIONAL FACILITY | Columbus, OH | 12 EXECUTIVE SUMMARY TENANT OVERVIEW PROPERTY INFORMATION AREA OVERVIEW

Building Description Site Overview • Property Photos • Market Highlights

-- WAREHOUSE / VEHICLE MAINTENANCE SHOP --

SCHNEIDER NATIONAL TRUCKING - REGIONAL FACILITY | Columbus, OH | 13 EXECUTIVE SUMMARY TENANT OVERVIEW PROPERTY INFORMATION AREA OVERVIEW

Building Description Site Overview • Property Photos • Market Highlights

-- MAIN BUILDING INTERIOR --

MAIN OFFICE ENTRANCE TRAINING / INTERVIEW ROOM

DRIVERS LOUNGE KITCHEN / BREAKROOM CONFERENCE ROOM

SCHNEIDER NATIONAL TRUCKING - REGIONAL FACILITY | Columbus, OH | 14 EXECUTIVE SUMMARY TENANT OVERVIEW PROPERTY INFORMATION AREA OVERVIEW

Building Description Site Overview Property Photos • Market Highlights •

-- MARKET HIGHLIGHTS --

MARKET HIGHLIGHTS

> The Columbus industrial market is comprised of 315 million SF of rentable product.

> Over two thirds of total inventory is warehouse/distribution facilities.

> Nearly $741 million logistics investments have changed hands YTD, representing 5.6% turnover.

> According to CoStar Property Report, the overall vacancy rate YTD is 7.3%.

> Forbes ranked Columbus #28 on its 2019 “Best Places for Business and Careers” list.

Image Credit: ://blog.nimasensor.com/2019/02/04/gluten-free-iowa-city-a-nimatested-dining-guide/

SCHNEIDER NATIONAL TRUCKING - REGIONAL FACILITY | Columbus, OH | 15 EXECUTIVE SUMMARY TENANT OVERVIEW PROPERTY INFORMATION AREA OVERVIEW

• Location Maps • Columbus Overview Columbus Region Demographics Aerials

-- SURROUNDING AREA MAP --

To John Glenn Columbus The Ohio State International Airport University 5.7 Miles Columbus State Community College DOWNTOWN COLUMBUS 8.6 Miles NATIONWIDE CHILDRENS HOSPITAL

• DeLille Oxygen • USPS • WestRock Recycling • Columbus Cold Storage • Engineered Profiles • Yellow Cab of Columbus • Integrity Moving & Storage • Ohio Bureau of Motor Vehicles 104 62 • Freedom Transport Inc • Royal Building Products 33 • Aramark Univorm Services CSX INTERMODAL RAIL LINE 104 104

• Old Dominion Freight Lines • Coca-Cola • American Signature Furniture • Georgia-Pacific Corporation 33 • Skinner Diesel Services • Cloverleaf Cold Storage • Millwood, Inc. • US Cargo & Courier DISTRIBUTION • Mid-Ohio Foodbank CENTER • Gerger Collision & Glass • RJ Schinner Co • Welspun USA • Kern Inc • ViaQuest • American Air Heating/Cooling Parkway Centre • Marne Plastics 62 • Lennox Industries • YRC Reverse Logistics COLUMBUS FAIR • EE Ward Moving & Storage AUTO AUCTION • Bosch Rexroth Corp To Rickenbacker International Airport 5.7 Miles

SCHNEIDER NATIONAL TRUCKING - REGIONAL FACILITY | Columbus, OH | 16 EXECUTIVE SUMMARY TENANT OVERVIEW PROPERTY INFORMATION AREA OVERVIEW

• Location Maps • Columbus Overview Columbus Region Demographics Aerials

-- OVERHEAD MAP --

CSX INTERMODAL RAIL LINE CLOVERLEAF WORLD COLD STORAGE DISTRIBUTION SERVICES

ODW LOGISTICS BEX LOGISTICS BB PLASTIC MILLWOOD INC RECYCLING ODW LOGISTICS US CARGO & HYPERLOGISTICS COURIER WAREHOUSE AMERICAN Groveport Rd LINEHAUL Williams Rd OEW Williams Rd RECYCLING CARDINAL Williams Rd CONTAINER CORP RYDER AMAZON DCM1 INTEGRATED LOGISTICS

DAYTON LEASING

Alum Creek Dr

Groveport Rd SPARTAN VANCE LOGISTICS OUTDOORS

ARCELORMITTAL

TERMINAL FAYGO CHERYL’S WAREHOUSE WAREHOUSE COOKIES SBC LOGISTICS

COLUMBUS FAIR AUTO AUCTION SHASTA Alum Creek Dr BEVERAGES

SCHNEIDER NATIONAL TRUCKING - REGIONAL FACILITY | Columbus, OH | 17 EXECUTIVE SUMMARY TENANT OVERVIEW PROPERTY INFORMATION AREA OVERVIEW

Location Maps • Columbus Overview • Columbus Region Demographics Aerials

-- COLUMBUS OVERVIEW -- DIVERSE, BALANCED ECONOMY • HOME TO FORTUNE 1000 COMPANIES • NEW DEVELOPMENTS & EXPANSION The city has a diverse economy based on education, government, insurance, banking, defense, aviation, food, clothes, logistics, steel, energy, medical research, health care, hospitality, retail, and technology. The metropolitan area is home to the Battelle Memorial Institute, the world’s largest private research and development foundation; Chemical Abstracts Service, the world’s largest clearinghouse of chemical information and Ohio State University, one of the largest universities in the United States. Today, the Columbus Region is home to major corporate headquarters from around the world, including 17 from the Fortune 1000, including Worthington Industries, Huntington, Cardinal Health, Scotts Miracle-Gro, Hexion, Alliance Data, and Abercrombie & Fitch, to name a few. Recently, notable employers and developers have announced new development and expansion in the Columbus Region: Ashley Furniture announced plans to build a new 1 million-square-foot warehouse, investing $70 million and creating 300 jobs; and the cloud-based software company, Clarus R+D, just announced plans to expand its workforce at its headquarters in Columbus, creating new jobs and pursuing its aggressive growth in Ohio.

EMPLOYMENT BY SECTOR Construction & Mining (3%) Columbus is the state capital and the most populous city in the U.S. state of Other Services (3%) Ohio. With a population estimated at 898,553 in 2019, it is the 14th-most Wholesale Trade (3%) populous city in the U.S., the second-most populous city in the Midwest Manufacturing after Chicago, and the third-most populous state capital. It is the core city (18%) Government of the Columbus, OH Metropolitan Statistical Area, which encompasses (16%) ten counties. With a 2019 estimated population of 2,122,271, it is the largest metropolitan area entirely in Ohio. Columbus is gaining nationwide recognition for its booming downtown, historic neighborhoods, arts and sporting districts, open attitude and a noticeably affordable quality of life, boasting a cost of living that is 10 percent below the national average. Retail Trade Columbus boasts a wide array of entertainment, sports, dining, nightlife and shopping, and is home to a vibrant arts Leisure & Hospitality (11%) scene. Ohio’s Capital City ranks in at No. 47 on The New York Times list of “52 Places to go in 2019.” Between the (10%) Transportation green and floral Franklin Park Conservatory, creative food venues, unusual art and good old ball games, residents & Utilities (5%) have plenty of choices for energetic entertainment in the city. Additionally, the city has invested $20 million to develop a growing system of bike and fitness trails that connect the suburbs and river trails to downtown’s $44 Education & Health Financial million riverfront park system restoration. The area offers a variety of housing options ranging from the restored (15%) Activities historic German Village, the Short North district, downtown condominiums, and new neighborhoods. Professional & (7%) The city is home to Ohio State University, the highest ranked public university in Ohio. The Ohio State University is one Business Services (18%) of the nation’s largest major comprehensive public research universities, serving more than 68,000 undergraduate, graduate and professional students. With more than 37,000 full-time equivalent employees, Ohio State is Ohio’s fourth-largest employer.

SCHNEIDER NATIONAL TRUCKING - REGIONAL FACILITY | Columbus, OH | 18 EXECUTIVE SUMMARY TENANT OVERVIEW PROPERTY INFORMATION AREA OVERVIEW

Location Maps • Columbus Overview • Columbus Region Demographics Aerials

-- COLUMBUS OVERVIEW --

OVERVIEW COLUMBUS QUICK FACTS Columbus is a thriving metropolitan area of 2.2 million people and is the fastest growing major metropolitan • Access to 46% of US Population and 48% of the of headquarters operations within 10-hour drive area in the Midwest as well as #1 in job and GDP growth. Columbus was ranked as one of the Top 10 Best • Crossed by eight major interstate highways (I-71, I-70, I-270, I-670, US 33, US 23, US 315, SR 161) Large Cities in the 2018 report issued by Relocate America, a real estate research firm. As the 14th largest • Air cargo routes to premier air cargo hubs in Europe, Asia and the Middle East city in the United States, Columbus is the capital of Ohio and the largest city in the state. • $59 million CSX intermodal freight terminal expansion underway Columbus’ industrial employment sector has enjoyed stable year-over-year growth as well. According to • 4 intermodal terminals in the region the latest data available from the Bureau of Labor Statistics, industrial employment sectors in Columbus have increased by 0.9 percent over the past year, and anticipate job growth over the next ten years to • 17 Fortune 1000 and five Fortune 500 companies with headquarters or with major operations be 34.2 percent. More than 4,400 logistics establishments employing over 83,000 employees thrive on • Home to one of the world’s only cargo-dedicated airports (Rickenbacker – LCK) the Columbus’ ultra-modern interstate highway system, third-party logistics companies, and multiple rail • Columbus Region is encompassed by the 10th most active Foreign Trade Zone in the nation. (FTZ #138) terminals. • Total workforce of 1.2 million Firms located in Columbus enjoy a number of advantages through the Columbus pro-business climate. The • Over 1,700 manufacturing establishments employing over 90,000 people in the region cost of doing business in Columbus ranks as one of the lowest in the nation. Additionally, the emerging 315 Research and Technology Corridor (which includes The Ohio State University, Battelle Memorial Institute and all four major hospital systems) along with The Central Ohio Innovation Center of Dublin have made COLUMBUS INDUSTRIAL MARKET Columbus one of the top 10 regions in the country for technology. The proximity of Columbus to major markets makes it one of the best distribution locations in the country. The city’s primary airport, John Glenn Columbus International Airport, provides service to Canada and Columbus is a one-day drive from 46 percent of the United States. In fact, the Columbus region is capable Mexico as well as to most domestic destinations. Rickenbacker Airport sits within the Columbus Foreign of reaching more Americans within 500 miles than any other major inland or coastal port. Columbus Trade Zone and is a major port of entry for imported goods. Convenient access to both international freeways include I-71, I-70, I-270 and I-670. Due to the city’s location and exceptional transportation airports allows for distribution clients to target Columbus as an ideally located logistic hub. FedEx Air, infrastructure, Columbus is the third-largest port of entry for textiles in the United States, and the region FedEx Ground and UPS regional hubs are all located at Rickenbacker International Airport, which is one of is home to more than 40 freight forwarding companies and 135 trucking firms. Columbus is also served the world’s only cargo-dedicated airports. by several trucking companies as well as two national rail carriers, Norfolk Southern and CSX, making it the second-largest lift capacity in the Midwest. There are four intermodal facilities operated by Norfolk Southern and CSX Railroads that provide Columbus with the second-largest lift capacity in the Midwest. The recently completed Norfolk Southern Warehouse demand throughout the Columbus market is not slowing down in 2020 despite national intermodal sits adjacent to Rickenbacker Airport and provides access via the Heartland Corridor, which economic uncertainty. In fact, user demand for both new and aging space appeared to be picking up opened in September of 2010, providing double stack trains from the East Coast. The Intermodal Terminal steam at the halfway mark of 2020. Net absorption in the second quarter eclipsed 2.2 million square utilizes the latest in gate and terminal automation technology and accommodates delivery of overweight feet, pushing the year’s total to close to the same figure as all of 2019 at 3.8 million square feet. Four containers. Six trains daily – four between Rickenbacker and Chicago and two between Rickenbacker and modern bulk warehouses in the Southeast submarket accounted for 870,000 square feet of absorption Norfolk – serve the terminal. activity. This includes the remaining space at Spiegel II and Tradeport III, which delivered in 2018 and 2019 respectively. Average asking rents increased 2.9 percent in the second quarter with a favorable total vacancy of 5.0 percent. Although vacancy will inevitably increase in the short-term due to the speculative construction pipeline, it is likely that persistent demand among e-commerce and logistics users for bulk space will ensure supply remains tight to the degree that rents continue their rise throughout 2020.

SCHNEIDER NATIONAL TRUCKING - REGIONAL FACILITY | Columbus, OH | 19 EXECUTIVE SUMMARY TENANT OVERVIEW PROPERTY INFORMATION AREA OVERVIEW

Location Maps Columbus Overview • Columbus Region • Demographics Aerials

-- COLUMBUS REGION --

The Columbus Region is a dynamic 11-county metropolitan area in the midst of unprecedented economic growth. The Region is home to today’s business leaders and is at the forefront of the industries of tomorrow, from advanced manufacturing to smart mobility research and development. Centrally located between Chicago and New York, the Columbus Region boasts the greatest market access of any major metro—with 46% of the United States population within a 10-hour drive. With one of the youngest and most-educated populations in the country – the median age is 35.9 and 36% of residents 25+ holds a bachelor’s degree or higher. The Region offers a steady pipeline of young talent with one of the highest concentrations of college students in the nation. Columbus is among the top 10 metros in the United States for concentration of young professionals (age 25-34) and is the only metro with this distinction located in the eastern half of the country.

The Columbus Region is a global logistics hub that supports some the world’s largest brands and top logistics service providers, making it a critical link in industrial and consumer supply chains.

The Region’s location gives companies access to more of the U.S. population and employment base than any other major metro, providing unmatched accessibility. Within a day’s drive, you can reach 151 million people and 42,100 headquarters – that’s 46% of the country’s population base and 48% of headquarter operations. By air, John Glenn Columbus International Airport (CMH) – located just 15 minutes from downtown Columbus – provides business travelers daily flights to major cities including New York, Chicago, Atlanta and Washington D.C. City Distance from Columbus Drive Time from Columbus Dayton, OH 72 Miles 1 Hr 12 Mins Located 10 miles south of Columbus is one of the world’s only cargo-dedicated airports, Rickenbacker International Airport, which can help import and export goods any place, any time. Cincinnati, OH 107 Miles 1 Hr 40 Mins Cleveland, OH 144 Miles 2 Hrs 14 Mins FTZ #138 (Foreign Trade Zone) encompasses all of the Columbus Region and is legally considered outside of customs territory. That means goods may be brought into the site without formal customs Pittsburgh, PA 185 Miles 2 Hrs 56 Mins entry. Baltimore, MD 404 Miles 6 Hrs 33 Mins Louisville, KY 211 Miles 3 Hrs 16 Mins NOTABLE EMPLOYERS & LOGISTICS SERVICE PROVIDERS Nashville, TN 385 Miles 5 Hrs 46 Mins Indianapolis, IN 176 Miles 2 Hrs 49 Mins St Louis, MO 418 Miles 6 Hrs 28 Mins Chicago, IL 355 Miles 5 Hrs 52 Mins Detroit, MI 203 Miles 3 Hrs 20 Mins

SCHNEIDER NATIONAL TRUCKING - REGIONAL FACILITY | Columbus, OH | 20 EXECUTIVE SUMMARY TENANT OVERVIEW PROPERTY INFORMATION AREA OVERVIEW

Location Maps Columbus Overview • Columbus Region • Demographics Aerials

-- LOGISTICS HUB --

ALL-ACCESS PASS TO GLOBAL MARKETS The Columbus Region is connected to all major metros and seaports with coast-to-coast rail service provided by Norfolk Southern and CSX, double-stacked freight trains to the Virginia ports via the Heartland Corridor, and LOCATION HIGHLIGHTS a highly connected interstate highway system. Rickenbacker International Airport offers U.S. importers and exporters connections to Europe, the Middle East > Strategically located in close proximity to two intermodal facilities, one of the and Asia via multiple air cargo airlines.. world’s only cargo dedicated airports, and Columbus’s largest industrial submarket.

> This facility is one of 42 strategically located transportation facilitiesSchneider has in the U.S.

> The site offers room for expansion on the adjacent 4.96-acre parcel.

> The facility is completely fenced, secured, and lit with power throughout.

> Columbus is within a one-day truck drive or one-hour flight of 46 percent of the U.S. population, 80 percent of U.S. corporate headquarters and 43 percent ofU.S. manufacturing capacity.

> Columbus offers a pro-business environment with low cost basis for business operations compared to similar cities.

CSX, NS Freight Rail Lines Freight Forwarders Logistics Service Providers

Air Freight & Passenger Terminal - Custom Clearance Norfolk Southern - Import/Export Handling Intermodal Terminal Parallel 12,000 Ft. Runways - Flight Crew Amenities - Ground Services

RICKENBACKER INTERNATIONAL AIRPORT

SCHNEIDER NATIONAL TRUCKING - REGIONAL FACILITY | Columbus, OH | 21 SUMMARY PROFILE 2000-2010 Census, 2020 Estimates with 2025 Projections Calculated using Weighted Block Centroid from Block Groups

Lat/Lon: 39.8865/-82.9357 RS1 2177 Williams Rd 1 mi radius 3 mi radius 5 mi radius SUMMARYObetz, OH 43207 PROFILE EXECUTIVE SUMMARY TENANT OVERVIEW 2000-20102020 Census,PROPERTY Estimated 2020 Population Estimates INFORMATION with 2025 Projections AREA0 TOVERVIEW6,504 39,897 156,076 Calculated using Weighted Block Centroid from Block Groups 2025 Projected Population 0 T 6,657 41,721 166,129 Location Maps Columbus Overview Columbus Region • Demographics • Aerials 2010 Census Population 0 T 5,741 36,481 140,355

Lat/Lon:2000 39.8865/-82.9357 Census Population 0 T 4,483 33,360 140,457 -- DEMOGRAPHICS -- RS1 Projected Annual Growth 2020 to 2025 - 0.5% 0.9% 1.3%

2177POPULATION WilliamsHistorical Annual Rd Growth 2000 to 2020 - 2.3% 1.0% 0.6% 1 mi radius 3 mi radius 5 mi radius Obetz,2020 OH Median43207 Age 1 33.5Mile 3 Miles 37.3 5 Miles 35.6 2020 Estimated PopulationHouseholds 0 T 6,5042,362 39,89715,093 156,076 60,736 POPULATION SNAPSHOT 2025 Projected HouseholdsPopulation 0 T 2,4466,657 16,06241,721 166,129 65,586 • Columbus has an estimated population of 898,553 (2019). The city is located in 2010 Census HouseholdsPopulation 0 T 2,1435,741 14,10636,481 140,355 55,841 Franklin County, which has a total population of 1,316,756 residents. 2000 Census HouseholdsPopulation 0 T 1,6074,483 12,73533,360 140,457 55,991 • The Columbus OH MSA had an estimated population of 2.12 million residents, Projected Annual Growth 2020 to 2025 - 0.7%0.5% 1.3%0.9% 1.6%1.3% HOUSEHOLDS POPULATION making it the largest metropolitan area in Ohio. POPULATION Historical Annual Growth 2000 to 2020 - 2.4%2.3% 0.9%1.0% 0.4%0.6%

• Columbus is located in Franklin County, where the median age is 34, which is 2020 MedianEstimated Age White - 63.9%33.5 57.9% 37.3 48.1% 35.6 younger than the national median age of 37.2. 2020 Estimated HouseholdsBlack or African American 0 T- 26.6%2,362 15,093 33.7% 60,736 43.2% 20252020 ProjectedEstimated HouseholdsAsian or Pacific Islander 0 T- 2,4463.3% 16,062 2.8% 65,586 2.6% HOUSING SNAPSHOT 20102020 CensusEstimated Households American Indian or Native Alaskan 0 T- 2,1430.3% 14,106 0.3% 55,841 0.3% - 5.9% 5.2% 5.8% • The median home value in the Columbus area is $248,000, a jump of almost AND RACE ETHNICITY 20002020 CensusEstimated Households Other Races 0 T 1,607 12,735 55,991 14% over last year. Projected2020 Estimated Annual Hispanic Growth 2020 to 2025 - 0.7%4.2% 1.3%3.9% 1.6%4.5% HOUSEHOLDS HOUSEHOLDS • The homeownership rate in Columbus is 55%, which is below the national Historical2020 Estimated Annual Average Growth Household2000 to 2020 Income $0 T- $72,9502.4% $67,725 0.9% $63,725 0.4% average of 63.9%. 2020 Estimated WhiteMedian Household Income $0 T- $63,39763.9% $57,682 57.9% $52,853 48.1%

• There are nearly 827,000 households in the Columbus Region INCOME 2020 Estimated BlackPer Capita or African Income American $0 T- $26,50926.6% $25,769 33.7% $25,128 43.2% 2020 Estimated ElementaryAsian or Pacific (Grade Islander Level 0 to 8) - 3.5%3.3% 3.4%2.8% 4.1%2.6% - 0.3% 0.3% 0.3% ECONOMY SNAPSHOT 2020 Estimated SomeAmerican High Indian School or (GradeNative AlaskanLevel 9 to 11) - 9.7% 11.0% 10.2% - 41.2%5.9% 39.8% 5.2% 34.4% 5.8% RACE AND RACE ETHNICITY 2020 Estimated HighOther School Races Graduate

• Top ranked business climate in the U.S.: #1 for population, job, GDP growth warranty. or representation without provided is herein information The reliable. be to deemed sources government and private from data using produced was report This

RACE & ETHNICITYRACE - 19.9% 20.3% 21.7% among Midwest’s 10 largest metros 2020 Estimated SomeHispanic College - 4.2% 3.9% 4.5% 2020 Estimated Associates Degree Only - 6.1% 8.0% 7.3% • Home to 17 Fortune 1000 headquarters (AGE 25+) 2020 Estimated Average Household Income $0 T $72,950 $67,725 $63,725 EDUCATION 2020 Estimated Bachelors Degree Only - 15.7% 12.8% 14.8% • Workforce of 1.2 Million 2020 Estimated Median Household Income $0 T $63,397 $57,682 $52,853 2020 Estimated Graduate Degree - 3.8% 4.8% 7.5% INCOME • Diverse, balanced economy based on education, government, insurance, INCOME 2020 Estimated Per Capita Income $0 T $26,509 $25,769 $25,128 banking, defense, aviation, food, clothes, logistics, steel, energy, medical 2020 Estimated ElementaryTotal Businesses (Grade Level 0 to 8) 0 T- 3.5%117 1,125 3.4% 4,204 4.1% research, health care, hospitality, retail, and technology. 2020 Estimated SomeTotal Employees High School (Grade Level 9 to 11) 0 T- 2,0509.7% 19,837 11.0% 57,476 10.2% 2020 Estimated EmployeeHigh School Population Graduate per Business - 41.2%17.5 39.8% 17.6 34.4% 13.7 BUSINESS This report was produced using data from private and government sources deemed to be reliable. The information herein is provided without representation or warranty. or representation without provided is herein information The reliable. be to deemed sources government and private from data using produced was report This BUSINESS 2020 Estimated ResidentialSome College Population per Business - 19.9%55.5 20.3% 35.5 21.7% 37.1 ©2020, Sites2020 USA, Chandler,Estimated Arizona, Associates 480-491-1112 Degree Only page 1 of 1 Demographic- Source: Applied6.1% Geographic Solutions 8.0% 11/2020, TIGER Geography 7.3% Sources: Columbus.gov,(AGE 25+) ColumbusRegion.com, The Ohio State University/Wexner Medical Center, RickenbackeAadvantage.com, Costar Group, SitesUSA EDUCATION 2020 Estimated Bachelors Degree Only - 15.7% 12.8% 14.8% 2020 Estimated Graduate Degree - 3.8% 4.8% 7.5% SCHNEIDER NATIONAL TRUCKING - REGIONAL FACILITY | Columbus, OH | 22 2020 Estimated Total Businesses 0 T 117 1,125 4,204 2020 Estimated Total Employees 0 T 2,050 19,837 57,476 2020 Estimated Employee Population per Business - 17.5 17.6 13.7

BUSINESS 2020 Estimated Residential Population per Business - 55.5 35.5 37.1

©2020, Sites USA, Chandler, Arizona, 480-491-1112 page 1 of 1 Demographic Source: Applied Geographic Solutions 11/2020, TIGER Geography EXECUTIVE SUMMARY TENANT OVERVIEW PROPERTY INFORMATION AREA OVERVIEW

Location Maps Columbus Overview Columbus Region Demographics • Aerials •

WILLIAMS RD -- OVERHEAD VIEW --

ADJACENT 4.96 ACRES

ALUM CREEK DR SUBJECT PROPERTY

SCHNEIDER NATIONAL TRUCKING - REGIONAL FACILITY | Columbus, OH | 23 EXECUTIVE SUMMARY TENANT OVERVIEW PROPERTY INFORMATION AREA OVERVIEW

Location Maps Columbus Overview Columbus Region Demographics • Aerials •

-- LOOKING NORTHWEST --

DOWNTOWN JOHN GLENN COLUMBUS INTERNATIONAL AIRPORT COLUMBUS

DISTRIBUTION CENTER 104 104 48FORTY 104 THE RUBBERMAN.COM CSX INTERMODALMOORE DISTRIBUTION RAIL LINE WORLD DISTRIBUTION SERVICES SOLUTIONS CLOVERLEAF COLD BALL BOUNCE & SPORT STORAGE SERVICES CONTAINER TRANSLOAD FACILITY CONTAINER PORT CMH SPECIALIZED GENERAL ALL MILLWOOD INC GROUP COLUMBUS CASH FOR CARS-COLUMBUS AMERICAN TRANSPORTATION APOLLO OIL INSULATION CO ROTARY CORP US CARGO & BEX LOGISTICS HYDRAULICS LINEHAUL BLUE BOX HYPERLOGISTICS CORRUGATED COURIER MAY DIESEL WILLIAMS RD OEW WAREHOUSE SERVICES SCHNEKER RECYCLING AUTOMOTION

BULKMATIC WILLIAMS RD TRANSPORT ADJACENT TRUCK RENTAL 4.96 ACRES ALFAB RIGWORKS

H&M PLUMBING

SUBJECT PROPERTY

OBETZ POLICE DEPARTMENT

SCHNEIDER NATIONAL TRUCKING - REGIONAL FACILITY | Columbus, OH | 24 EXECUTIVE SUMMARY TENANT OVERVIEW PROPERTY INFORMATION AREA OVERVIEW

Location Maps Columbus Overview Columbus Region Demographics • Aerials •

-- LOOKING NORTHEAST -- JOHN GLENN COLUMBUS INTERNATIONAL AIRPORT

DISTRIBUTION CENTER 104 DELIVERY CENTER DELIVERY CENTER 48FORTY TIMBERCREEK VILLAGE 33 CLOVERLEAF COLD 33 SOLUTIONS BALL BOUNCE & SPORT ALUM CREEK DR APARTMENTS STORAGE CONTAINER PORT THE VILLAGE AT GROUP COLUMBUS BEX LOGISTICS HYPERLOGISTICS MAY DIESEL CMH SPECIALIZED WAREHOUSE SERVICE WILLIAMS CREEK TRANSPORTATION ROTARY CORP US CARGO & COURIER BLUE BOX CORRUGATED WILLIAMS RD OEW ARIES COURT RECYCLING WILLIAMS RD APARTMENTS ALFAB OBETZ ANIMAL ALUM CREEK DR WILLIAMS RD TRUCK RENTAL HOSPITAL BULKMATIC TRANSPORT H&M PLUMBING RIGWORKS

ADJACENT 4.96 ACRES

SUBJECT PROPERTY

OBETZ POLICE DEPARTMENT

SCHNEIDER NATIONAL TRUCKING - REGIONAL FACILITY | Columbus, OH | 25 EXECUTIVE SUMMARY TENANT OVERVIEW PROPERTY INFORMATION AREA OVERVIEW

Location Maps Columbus Overview Columbus Region Demographics • Aerials •

• PANACEA PRODUCTS CORP -- LOOKING EAST -- • KOMAR INDUSTRIES • PETERMANN • EASTLAND CAREER • HAGUE QUALITY WATER INT’L • FRANKLIN EQUIPMENT MADISON GROVE 33 SOUTH 33 TOWNHOMES 33 COLUMBUS MILLSTONE LAKES APARTMENTS CHERYL’S COOKIES

THE VILLAGE AT WILLIAMS RD ARIES COURT WILLIAMS CREEK APARTMENTS ALUM CREEK DR ALUM CREEK DR ALUM CREEK DR

ALFAB H&M PLUMBING

OBETZ POLICE DEPARTMENT

RIGWORKS TRUCK RENTAL

WILLIAMS RD BULKMATIC TRANSPORT

SUBJECT ADJACENT PROPERTY 4.96 ACRES

SCHNEIDER NATIONAL TRUCKING - REGIONAL FACILITY | Columbus, OH | 26 EXECUTIVE SUMMARY TENANT OVERVIEW PROPERTY INFORMATION AREA OVERVIEW

Location Maps Columbus Overview Columbus Region Demographics • Aerials • PART OF RICKENBACKER INDUSTRIAL MARKET • NAUTILUS • YOKOHAMA TIRE -- LOOKING SOUTH -- • UNION SUPPLY CO • GROVEPORT DHL • CARDINAL HEALTH • AMAZON FULFILLMENT • SADDLE CREEK LOGISTICS • HUTTIG BLDG PRODUCTS • LA-Z-BOY INC • ALMO CORP • PAR INTERNATIONAL • DHL SUPPLY CHAIN • FEDEX • DAYTON ROGERS OF OHIO • TECH DATA • FARO LOGISTICS CUSTOMER CENTER • LIFELINE MOBILE, INC SCIOTO DOWNS • SK FOOD GROUP • AMERICAN STANDARD RICKENBACKER • CONTINENTAL CONCESSION SUPPLIES CASINO INTERNATIONAL AIRPORT HFI ALUM CREEK DR SP RICHARDS SBC LOGISTICS COLUMBUS FAIR CHERYL’S COOKIES AUTO AUCTION FAYGO WAREHOUSE OHIO HEALTH EMERGENCY CARE OBETZ ATHLETIC OBETZ POLICE CLUB DEPARTMENT

ALUM CREEK DR

H&M PLUMBING ADJACENT 4.96 ACRES RIGWORKS

BULKMATIC TRUCK RENTAL TRANSPORT

WILLIAMS RD SUBJECT PROPERTY

WILLIAMS RD

SCHNEIDER NATIONAL TRUCKING - REGIONAL FACILITY | Columbus, OH | 27 EXECUTIVE SUMMARY TENANT OVERVIEW PROPERTY INFORMATION AREA OVERVIEW

Location Maps Columbus Overview Columbus Region Demographics • Aerials •

-- LOOKING WEST -- PARKWAY CENTRE • AMAZON FULFILLMENT CENTER • SPARTAN LOGISTIS • CARDINAL CONTAINER CORP • JENNY CORPORATION • CENTURY RESOURCES • EVANS DELIVERY

INTEGRATED CSX INTERMODAL RAIL LINE MULBERRY GROVE LOGISTICS MOORE DISTRIBUTION SERVICES OBETZ VILLAGE CASH FOR CARS-COLUMBUS COMMUNITY CENTER AUTOMOTION SCHNEKER AMERICAN MILLWOOD INC LINEHAUL WILLIAMS RD

OEW ADJACENT RECYCLING 4.96 ACRES

BULKMATIC OBETZ TRANSPORT POLICE DEPARTMENT

RIGWORKS

TRUCK RENTAL

SUBJECT PROPERTY

H&M PLUMBING

SCHNEIDER NATIONAL TRUCKING - REGIONAL FACILITY | Columbus, OH | 28 EXCLUSIVELY LISTED BY

RYAN BARR RYAN BENNETT TODD SPENCER, SIOR, CCIM MIKE SPENCER, SIOR Principal Principal Principal Principal 760.448.2446 760.448.2449 614.923.3300 614.923.3300 [email protected] [email protected] [email protected] [email protected]

BARR&BENNETT NETLEASEDINVESTMENTS A Lee & Associates Team

Lee & Associates hereby advises all prospective purchasers of Net-Leased Invesment property as follows:

The information contained in this Marketing Brochure has been obtained from sources we believe to be reliable. However, Lee & Associates has not and will not verify any of this information, nor have Lee & Associates conducted any investigation regarding these matters. Lee & Associates makes no guarantee, warranty or representation whatsoever about the accuracy or completeness of any information provided.

As the Buyer of an investment property, it is the Buyer’s responsibility to independently confirm the accuracy and completeness of all material information before completing any purchase.This Marketing Brochure is not a substitute for your thorough due diligence investigation of this investment opportunity. Lee & Associates expressly denies any obligation to conduct a due diligence examination of this Property for Buyer. Any projections, opinions, assumptions or estimates used in this Marketing Brochure are for example only and do not represent the current or future performance of this property. The value of an investment property to you depends on factors that should be evaluated by you and your tax, financial and legal advisors. Buyer and Buyer’s tax, financial, legal, and construction advisors should conduct a careful, independent investigation of any investment property to determine to your satisfaction with the suitability of the property for your needs.

Like all real estate investments, this investment carries significant risks. Buyer and Buyer’s legal and financial advisors must request and carefully review all legal and financial documents related to the property and tenant. While the tenant’s past performance at this or other locations is an important consideration, it is not a guarantee of future success. Similarly, the lease rate for some properties, including newly-constructed facilities or newly-acquired locations, may be set based on a tenant’s projected sales with little or no record of actual performance, or comparable rents for the area. Returns are not guaranteed; the tenant and any guarantors may fail to pay the lease rent or property taxes, or may fail to comply with other material terms of the lease; cash flow may be interrupted in part or in whole due to market, economic, environmental or other conditions. Regardless of tenant history and lease guarantees, Buyer is responsible for conducting his/her own investigation of all matters affecting the intrinsic value of the property and the value of any long-term lease, including the likelihood of locating a replacement tenant if the current tenant should default or abandon the property, and the lease terms that Buyer may be able to negotiate with a potential replacement tenant considering the location of the property, and Buyer’s legal ability to make alternate use of the property.

By accepting this Marketing Brochure you agree to release Lee & Associates and hold them harmless from any kind of claim, cost, expense, or liability arising out of your investigation and/or purchase of this investment property.

No warranty or representation is made as to the accuracy of the foregoing information. Terms of sale, lease, and availability are subject to change or withdrawal without notice.

SCHNEIDER NATIONAL TRUCKING - WAREHOUSE FACILITY | Columbus, OH | 29