ww

Offering Memorandum

The Coleman Company, Inc. Cushman & Wakefield | Sage Partners Capital Markets Division

Tenant is wholly owned by Matt Imhoff, ccim Marshall Saviers (NYSE: NWL, Market Cap ~ $7B) Associate President, Principal [email protected] [email protected]

209 SE 34th Street | Bentonville, Arkansas 479 845 3020 sagepartners.com

Independently Owned and Operated / A Member of the Cushman & Wakefield Alliance Property Overview 209 SE 34th Street | Bentonville, AR 72712

Purchase Price: $11,800,000 Cap Rate: 8.00%

Located in the fast growing Northwest Arkansas MSA (home of Walmart and numerous fortune 500 companies), the property consists of one 45,845 SF building situated on 3.5 ± acres.

ADDRESS 209 SE 34th Street OCCUPANCY 100% Bentonville, AR NET OPERATING INCOME $946,565 BUILDING SIZE 45,845 SF | $257/SF LEASE TERM REMAINING ± 6 Years

LAND AREA 3.5 ± Acres RENEWAL OPTIONS Three (3), Five (5) year renewal options YEAR BUILT 2015 at 3% annual increase, expiring 6/30/2040 NO. OF STORIES One USE Coleman/Newell’s Walmart HQ PARKING 2.79 per 1,000 SF

LEASE ABSTRACT

BASE RENT ANNUAL LEASE TERMINATION TENANT SQFT LEASE TYPE EXPIRATION RENT PSF INCREASE COMMENCE OPTION

Absolute NNN - Tenant is responsible for everything. The Coleman Company, Inc. 45,845 $946,565 $20.65 3% 07/01/2015 06/30/2025 None (taxes, insurance, CAM, roof, structure and HVAC)

*information deemed reliable but not guaranteed Rent Schedule 209 SE 34th Street | Bentonville, AR 72712

PRIMARY LEASE TERM DATE ANNUAL RENT MONTHLY RENT RENT PSF 7/1/2015 - 6/30/2016 $834,750.00 $69,562.50 $18.21 7/1/2016 - 6/30/2017 $859,792.50 $71,649.38 $18.75 7/1/2017 - 6/30/2018 $885,586.28 $73,798.86 $19.32 7/1/2018 - 6/30/2019 $912,153.86 $76,012.82 $19.90 7/1/2019 - 6/30/2020 $939,518.48 $78,293.21 $20.49 7/1/2020 - 6/30/2021 $967,704.03 $80,642.00 $21.11 7/1/2021 - 6/30/2022 $996,735.15 $83,061.26 $21.74 7/1/2022 - 6/30/2023 $1,026,637.21 $85,553.10 $22.39 7/1/2023 - 6/30/2024 $1,057,436.33 $88,119.69 $23.07 7/1/2024 - 6/30/2025 $1,089,159.42 $90,763.28 $23.76 RENEWAL OPTION 1 DATE ANNUAL RENT MONTHLY RENT RENT PSF 7/1/2025 - 6/30/2026 $1,121,834.20 $93,486.18 $24.47 7/1/2026 - 6/30/2027 $1,155,489.22 $96,290.77 $25.20 7/1/2027 - 6/30/2028 $1,190,153.90 $99,179.49 $25.96 7/1/2028 - 6/30/2029 $1,225,858.52 $102,154.88 $26.74 7/1/2029 - 6/30/2030 $1,262,634.27 $105,219.52 $27.54 RENEWAL OPTION 2 DATE ANNUAL RENT MONTHLY RENT RENT PSF 7/1/2030 - 6/30/2031 $1,300,513.30 $108,376.11 $28.37 7/1/2031 - 6/30/2032 $1,339,528.70 $111,627.39 $29.22 7/1/2032 - 6/30/2033 $1,379,714.56 $114,976.21 $30.10 7/1/2033 - 6/30/2034 $1,421,106.00 $118,425.50 $31.00 7/1/2034 - 6/30/2035 $1,463,739.18 $121,978.26 $31.93 RENEWAL OPTION 3 DATE ANNUAL RENT MONTHLY RENT RENT PSF 7/1/2035 - 6/30/2036 $1,507,651.35 $125,637.61 $32.89 7/1/2036 - 6/30/2037 $1,552,880.89 $129,406.74 $33.87 7/1/2037 - 6/30/2038 $1,599,467.32 $133,288.94 $34.89 7/1/2038 - 6/30/2039 $1,647,451.34 $137,287.61 $35.94 7/1/2039 - 6/30/2040 $1,696,874.88 $141,406.24 $37.01

*information deemed reliable but not guaranteed Tenant Profile 209 SE 34th Street | Bentonville, AR 72712

THE COLEMAN COMPANY, INC. Square Feet: 45,845 Original Lease: March 2017 - June 2025 Website: https://www.coleman.com

Coleman Company, Inc., is an American company that specializes in outdoor recreation products, especially gear. It was founded by William Coffin Coleman, who began selling gasoline pressure lamps in 1900 in Kingfisher, Oklahoma. He later moved to Wichita, KS where Coleman was originally headquartered.

Coleman has an extensive line of products that they manufacture and sell as well as some Coleman branded products that are manufactured by other companies. In recent decades, much of the production has moved to China while the headquarters moved to Colorado in 2011.

Coleman Licensed Products • Coleman Pools • Coleman Travel Trailers • Coleman BBQ Grills • Coleman Heating and Cooling • Coleman Pets • Coleman Apparel and more

*Coleman is owned by Newell Brands Corporate Profile 209 SE 34th Street | Bentonville, AR 72712

NEWELL BRANDS NASDAQ: NWL Year Founded: 1903 (as Newell Company) Head Quarters: Hoboken, New Jersey Website: https://www.coleman.com

Newell Brands (NASDAQ: NWL) is a leading global consumer goods 2017 Net Sales by Segment (in billions) company with a strong portfolio of well-known brands, including ®, ®, Dymo®, EXPO®, Parker®, Elmer’s®, Coleman®, ®, Oster®, Sunbeam®, FoodSaver®, Mr. Coffee®, ®, Baby Jogger®, NUK®, Calphalon®, ®, Contigo®, ®, and ®.

Driven by a sharp focus on the consumer, leading investment in innovation and brands, and a performance-driven culture, Newell Brands helps consumers achieve more where they live, learn, work and play.

Products in nearly 200 countries Over 200 brands across 16 global divisions 45,000± worldwide employees Property Photos 209 SE 34th Street | Bentonville, AR 72712 Interior Photos 209 SE 34th Street | Bentonville, AR 72712 Floor Plan 209 SE 34th Street | Bentonville, AR 72712 Property Map 209 SE 34th Street | Bentonville, AR 72712

SE 34TH ST

SE C ST MACY RD

S WALTON BLVD

SW REGIONAL AIRPORT BLVD SE WALTON BLVD Aerial 209 SE 34th Street | Bentonville, AR 72712

SW 8TH ST

Current Home Office

Future 25,000 Campus Vehicles Per Day

SW 14TH ST SE J ST 64,000 Vehicles Per Day

Bentonville Airport

S WALTON BLVD

Headquarters

SE 28TH ST SUBJECT PROPERTY

32,000 Vehicles Per Day SE WALTON BLVD Demographics

BELLA VISTA NORTHWEST ARKANSAS This city, on the northern end of the Northwest Arkansas region, was selected as National publications, economists and university researchers recognize Northwest Arkansas as one of the nation’s 25 Best Places to Retire in 2017 by Forbes. The affordability one of the nation’s most successful regions. They are consistent with their praise of Northwest of housing was a significant factor in the ranking. Arkansas, its counties and cities, its economy and businesses, and its quality of life. BENTONVILLE NerdWallet put Bentonville at No. 9 on its list of Best Small Cities for Families in October 2017. The online publication ranked cities with populations between 25,000 and 75,000 residents.

National Geographic selected Bentonville as one of America’s 20 Best Mountain Bike Towns in May 2017.

FAYETTEVILLE Money magazine selected Fayetteville as No. 1 on its ranking of Best Places for Singles Right Now in February 2018.

Money magazine ranked Fayetteville No. 43 of the Top 70 in its September 2017 Best Places to Live.

ROGERS Money magazine ranked Rogers No. 45 of the Top 70 in its September 2017 Best Places to Live.

SILOAM SPRINGS Money magazine ranked Siloam Springs No. 68 of the Top 70 in its September 2017 Best Places to Live.

SPRINGDALE WalletHub ranked Springdale as the nation’s 17th on a list of the Fastest- BEST IN THE U.S. Growing Cities in America among 515 cities evaluated in 2017. It sits at No. 6 among small cities. Lonely Planet, the world’s largest publisher of travel-related books and guides, in February 2016 ranked Northwest Arkansas at No. 7 in its list of “Best in the U.S.” Money magazine ranked Springdale No. 58 of the Top 70 in its September 2017 Best Places to Live. BEST CITIES FOR JOBS Northwest Arkansas in 2017 sat at No. 6 in a ranking of the nation’s Best Cities for Jobs, according to NewGeography.com. BEST PLACES TO LIVE U.S. News & World Report put the Fayetteville-Springdale-Rogers (Northwest Arkansas) Metropolitan Statistical Area at No. 5 on its 2017 list of Best Places to Live.

FASTEST-GROWING ECONOMY THROUGH 2021 The Fayetteville-Springdale-Rogers Metropolitan Statistical Area (Northwest Arkansas) economy, according to a report by IHS Global Insight for the U.S. Conference of Mayors.

Visit http://www.nwacouncil.org/our-regions-ranking/ for more information. SAGEPARTNERS.COM Company Overiew

WHY USE SAGE PARTNERS We are proud of the success the company has had because it is based on a very simple equation of “good people + hard work + intelligent, long term vision equals long term success.” What impresses people is consistent hard work, market knowledge, quality and the character of team members.

OUR MISSION “Our team will work with faith and integrity, utilizing our experience and expertise to provide superior real estate services to the benefit of our clients, families, and community.”

CORE VALUES Practice Integrity - A FIRM POWERED BY EXPERIENCE We always try to do what’s right... in all settings, no matter the cost Cushman & Wakefield | Sage Partners (“Sage Partners”) specializes in providing commercial real estate brokerage, management and devel- Clients are Supreme - opment services in the state of Arkansas. Sage combines the technical, We want our clients to see that we are outstanding market, financial, and industry expertise of seasoned professionals to with our experience, knowledge, effort and results create a full-service commercial real estate company. The Sage team has many years of in-depth experience that provides solutions through Be Entrepreneurial - a combination of services. We are proactive and creative in solving problems and seizing opportunities Diversified experience provides Sage Partners with a unique perspec- tive combining an insight of national trends with unparalleled local Teamwork Wins - knowledge. Additionally, Sage brings a unique database of brokers, We can achieve more with all of us than individually clients, contacts, bankers, and investors from vast local, regional, and national experiences. This combination brings real solu-tions to clients’ Give Back - needs and ensures thorough market penetration in all respects. We want to invest in our community with meaningful generosity Contact Information

Cushman & Wakefield | Sage Partners Capital Markets Division

Matt Imhoff, ccim Associate

• BS in Electrical Engineering from the University of Arkansas • MS in Technological Entrepreneurship from Northeastern University in Boston, MA 5100 W. JB Hunt Drive • Involved in investment sales of over $100 million in past twelve months • Focus on investment sales, office, industrial and retail Suite 800 • Certified Commercial Investment Member (CCIM) Rogers, Arkansas 72758 479 845 3000

2226 Cottondale Lane Marshall Saviers President, Principal Suite 210 Little Rock, Arkansas 72202 • BBA from Southern Methodist University. 501 716 5511 • 15 Years combined experience in commercial real estate in the Arkansas and Dallas markets with a focus on tenant representation and investment sales. • Facilitated hundreds of transactions across the country with numerous Fortune 500 companies. • Involved in investment sales of over $100 million in the past twelve months. • Oversees brokerage operations for Sage Partners. sagepartners.com • Client Experience: Unilever, Clorox, Nike, Procter & Gamble, Mercy Health Sys- tem Kellogg’s, Kimberly Clark, Abbott Labs, Bayer Healthcare, Shell, Dr. Pepper, Vestcom, Exxon, Fedex, Tyson Foods, Revlon, PricewaterhouseCoopers and many others.

CUSHMAN & WAKEFIELD | SAGE PARTNERS DISCLOSURE Cushman & Wakefield | Sage Partners has been engaged by the owner of the Property to market it for sale. Information concerning the Property has been obtained from sources other than Sage Partners and we make no representations or warranties, express or implied, as to the accuracy or completeness of such information. Any references to age, square footage, income, expenses and any other Property specific information are approximate. Any opinions, assumptions, estimates, or financial information contained herein are projections only and are provided for illustrative purposes and may be based on assumptions or due diligence criteria different from that used by a purchaser. Buyers should conduct their own independent investigation and inspection of the Property in evaluating a possible purchase. The information contained herein is subject to change. Independently Owned and Operated / A Member of the Cushman & Wakefield Alliance