Walgreens OM Update 4.4.18Ai

EXCLUSIVELY LISTED INVESTMENT OFFERING 120 East Main Street Streator, IL 61364 Incredibly Low Rent-To-Sales Ratio of 2.3% Rare Opporunity To Acquire A Walgreens under $4,000,000 with a long term corporately guaranteed lease. EXCLUSIVELY MARKETED BY: TED DOWDING | Managing Principal | DIRECT 858.999.7431 | [email protected] Walgreens 120 East Main Street, Streator, IL 61364 Offering Overview OMDM is pleased to exclusively offer for sale to qualified 120 East Main Street Streator, IL 61364 investors, the opportunity to purchase a 100% fee-simple interest in the Walgreens property located at 120 East Main Street in Building Size: 13,000 Square Feet Streator, Illinois (the“Property”). The Property can be acquired at a low price point of $175 PSF which is extraordinarily rare for Lot Size: 65,776 Square Feet Walgreens assets currently in the marketplace. Year Built: 1994 The Property is fully leased by Walgreen Co. (WBA), operating LOW Rent $13.75 under a lease with 10.5 years of remaining firm term. Walgreens recently expressed its commitment to the site by executing a nearly 9.5-year lease extension. The term runs through May 31, Established Location with Strong Store Sales 2063, with the option to terminate with 12 months’ notice starting November 2028, and every five (5) years thereafter. Walgreens’ lease is NN with landlord responsibility limited to the maintenance and repair of all exterior items and structural portions of the building, as well as the replacement of parking areas. The Property received a new roof in 2010 that has a transferable 20 year warranty through 2030. Base rent is $178,750 annually, or $13.75 PSF. Walgreen Co., a subsidiary of Walgreens Boots Alliance, Inc., (NASDAQ: WBA), had FY2014 (ended August 31, 2015) revenue of $103.44 billion and net income of $4.22 billion. As of November 30, 2015, the company had a net worth of $30.71 billion. Currently, Walgreen Co. holds a BBB/ Stable rating by Standard and Poor’s and has a market capitalization of $85.95 billion. 01 Walgreens 120 East Main Street, Streator, IL 61364 Lease Overview Tenant: Walgreens (NYSE: WAG) Credit Rating: Investment Grade, BBB (S&P) Lease Type: Double Net (NN) Lease Term Remaining: 10.5 Years Next Option Begins: November 2028 Renewal Options: Six (6) x 5-Year Options Remaining Pricing Asking Price: $2,750,000 Price/SF: $175 Asking CAP Rate: 6.25% Monthly Income: $14,895 Annual Income: $178,745 Building Building Square Footage 13,000 Land Square Footage 65,776 Rent/Square Foot $13.75 (Very Low For a Drug Store) Year Built 1994 (New Roof in 2010) Roof is under warranty and is transferable and renewable 03 Walgreens 120 East Main Street, Streator, IL 61364 Subject Property Retail Corridor DOUBLE Drive-thru pharmacy located on the Signalized Hard Corner of Park Street and East Main. Dead Center of Town across from the Town Hall Tenant showed their Strong commitment to this location by exercising their first option in 2016, Extending early for 12 years. St. Mary’s S. VERMILLION STREET VERMILLION S. Hospital There are No other Walgreens, CVS or Rite Aid in all of Streator, Illinois with the closest Walgreens over 16 miles away and the closest CVS over 20 miles away. T STREE PARK N. Less than half a mile from the subject property lies the St. Mary’s Hospital, a general medical and surgical hospital with 98 beds. RAILWAY BNSF E.KENTSTREET E. HICKORY STREET E. MAIN STREET 04 Walgreens 120 East Main Street, Streator, IL 61364 Property Photos Centrue Bank On The Opposite Subject Property Subject Property Facing South Corner of Subject Property Drive-Thru Pharmacy Signalized Corner of Park Subject Property West Parking & Main Street Lot at Hickory & N. Bloomington St. 05 Walgreens 120 East Main Street, Streator, IL 61364 Demographic Overview E. MORRELL STREET STREATOR TOWNSHIP HIGH SCHOOL E. BROADWAY STREET JEFFERSON STREET N. WASSON STREET N. WASSON E.KENTSTREET N. EVERETT STREET N. EVERETT E. HICKORY STREET N. BLOOMINGTON STRE 000 VPD) N. BLOOMINGTON BNSF RAILWAY E. MAIN STREET (6,700 VPD) GE STREEETT (5,484 VPDD)) VERMILLIONRIVER 06 S. VERMILLION STREET VERMILLION S. N. PARK STREET (9,872P STREET N. PARK Walgreens 120 East Main Street, Streator, IL 61364 Demographics Details 2017 1 mile 3 mile 5 mile Population 8,727 17,680 18,699 Households 3,503 7,305 7,706 Families 2,158 4,598 4,881 Average Household Size 2.48 2.40 2.4 Owner Occupied Housing Units 2,299 5,138 5,937 Renter Occupied Housing Units 1,203 2,167 2,166 Median Age 38.8 41.9 41.6 Median Household Income $41,773 $44,494 $45,347 Average Household Income $51,707 $56,468 $57,571 07 Site Plan N Bloomington St (9,000 VPD) W MainSt(6,903VPD) W E. MAIN STREET (6,700VPD) STREET MAIN E. 120 East Main Street, Streator, IL61364 120 EastMainStreet,Streator, N Park St (9,872 VPD) N Walgreens 08 Walgreens 120 East Main Street, Streator, IL 61364 Investment Property Recap Lease Overview Asking Price: Tenant: Walgreens (NYSE: WAG) Credit Rating: Investment Grade, BBB (S&P) $ 2,860,000 Lease Type: Double Net (NN) Lease Term: 10.5 Years Remaining CAP Rate: Options: Six (6) 5-year Options 6.25% Monthly Income: 120 East Main Street, Streator, IL 61364 $14,895 Building Square Footage 13,000 SF Annual Income: Land Square Footage 65,776 SF Rent/Square Foot $13.75/SF $178,745 Year Built 1994 09 Walgreens 120 East Main Street, Streator, IL 61364 Walgreens Company Summary Tenant History Walgreens is the largest drug retailing chain in the United States and has grown primarily through organic growth versus how its largest competitor, CVS, has grown through chain acquisitions. Walgreens built out its national platform through its corporate real estate department heavily during the 90’s continuing through around 2008. By 2007, Walgreen had opened its 6,000th store and by 2009 they became the only national pharmacy to operate in 50 states including Puerto Rico. In 2012, Walgreens made a bold move by purchasing a 45% interest in Alliance Boots and subsequently in 2014 exercised its option to purchase the remaining 55% of the Switzerland based Alliance Boots to merge and create a new holding company named Walgreens Boots Alliance. After the initial acquisition in 2012, Walgreens credit rating was lowered from A down to BBB due to debt it incurred during the purchase; however, Walgreens remains investment grade and property values have not been adversely affected by the lower credit rating. Walgreens stock price has actually more than doubled since its acquisition of Alliance Boots. Notable Acquisitions In 2010, Walgreens announced its largest acquisition ever of Duane Reade for $1.075 billion and established an irreplaceable footprint in the New York metropolitan area. In 2011, Walgreens made a move to purchase Drugstore.com to establish an online presence. In 2012, Walgreens purchased a mid-south drugstore chain operating under USA Drug, Super D Drug, Mays Drug, Med-X and Drug Warehouse banners which had 144 locations collectively throughout Arkansas, Kansas, Mississippi, Missouri, New Jersey, Okla- homa and Tennessee. Walgreens most recent acquisition was in September 2013 for Kerr Drug’s who operated 76 drugstores throughout North Carolina. *Walgreens company information received from Walgreens investor relations. 10 Walgreens 120 East Main Street, Streator, IL 61364 Walgreens Locations by State 11 Walgreens 120 East Main Street, Streator, IL 61364 Walgreens Locations by State Alabama 115 Idaho 40 Mississippi 78 Oklahoma 117 West Virginia 17 Alaska 8 Illinois 610 Missouri 219 Oregon 77 Wisconsin 228 Arizona 250 Indiana 201 Montana 14 Pennsylvania 131 Wyoming 11 Arkansas 83 Iowa 70 Nebraska 60 Rhode Island 26 Puerto Rico 120 California 646 Kansas 70 Nevada 84 South Carolina 110 US Virgin Islands 1 Colorado 160 Kentucky 98 New Hampshire 32 South Dakota 14 Connecticut 95 Louisiana 154 New Jersey 191 Tennessee 254 Delaware 65 Maine 15 New Mexico 69 Texas 712 Washington DC 6 Maryland 89 New York 486 Utah 48 Florida 861 Massachusetts 168 North Carolina 263 Vermont 3 Georgia 204 Michigan 232 North Dakota 1 Virginia 141 Hawaii 19 Minnesota 154 Ohio 250 Washington 139 *There are NO Rite Aids in Illinois 12 Walgreens 120 East Main Street, Streator, IL 61364 Location Overview Location Streator is a city in LaSalle and Livingston counties in north central Illinois. Situated on the Vermillion River, the city is 80 miles southwest of Chicago, positioned between Interstate 39, Interstate 55 and Interstate 80. As of the 2010 census, the population was 13,710. Streator offers residents many enjoyable aspects of rural life: Streator a fairly compact, walkable downtown; solid schools; quaint parks; affordable housing; and a tradition of making quality products, particularly, glass bottles. High-grade silica, the main ingredient in glass, was in abundance in the Streator region and at one time, the city held the title of “Glass Manu- facturing Capital of the World”. Glass manufacturing retains a strong presence in the city today, however, agriculture and related agri-business, along with the service sector, are now the primary contributors to Streator’s economy. Employment Profile In 2007, Streator and the North Central Illinois Council of Governments finalized the Streator Comprehensive Plan, # OF EMPLOYER laying the foundation for civic, transportation, housing, com- EMPLOYEES mercial and recreational initiatives in the city through 2027. Vactor Manufacturing 590 Numerous projects proposed are currently underway as Streator Results 480 officials look to guide development within Streator and DSI 390 create a thriving and sustainable future. Streator Elementary School District 296 U.S. Foods 240 13 Walgreens 120 East Main Street, Streator, IL 61364 Investment Highlights STABLE INCOME Rental income guaranteed by Walgreens parent corporate (S&P BBB) investment grade Fortune 500 Company with over 8,000 locations.

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