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Quarry Plaza 12052- 12070 S Cicero Avenue Alsip, IL 60803 2 SANDS INVESTMENT GROUP EXCLUSIVELY MARKETED BY

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Quarry Plaza 12052- 12070 S Cicero Avenue Alsip, IL 60803 2 SANDS INVESTMENT GROUP EXCLUSIVELY MARKETED BY 1 Quarry Plaza 12052- 12070 S Cicero Avenue Alsip, IL 60803 2 SANDS INVESTMENT GROUP EXCLUSIVELY MARKETED BY: STEPHEN PLOURDE DAN HOOGESTEGER SCOTT REID Lic. # RS310342 Lic. # 01376759 Lic. # 478027307 610.756.7401 | DIRECT 310.853.1419 | DIRECT 949.942.6585 | DIRECT [email protected] [email protected] [email protected] 901 East 8th Avenue, Suite 204 King of Prussia, PA 19406 844.4.SIG.NNN www.SIGnnn.com In Cooperation With ParaSell, Inc., A Licensed Illinois Broker Lic. #478027307 BoR: Scott Reid – Lic. #478027307 3 SANDS INVESTMENT GROUP TABLE OF CONTENTS 04 06 10 15 17 INVESTMENT OVERVIEW LEASE ABSTRACT PROPERTY OVERVIEW AREA OVERVIEW TENANT OVERVIEW Investment Summary Lease Summaries Property Images City Overview Tenant Profiles Investment Highlights Rent Roll, Income & Expenses Location, Aerial & Retail Maps Demographics © 2021 Sands Investment Group (SIG). The information contained in this ‘Offering Memorandum’, has been obtained from sources believed to be reliable. Sands Investment Group does not doubt its accuracy; however, Sands Investment Group makes no guarantee, representation or warranty about the accuracy contained herein. It is the responsibility of each individual to conduct thorough due diligence on any and all information that is passed on about the property to determine its accuracy and completeness. Any and all proJections, market assumptions and cash flow analysis are used to help determine a potential overview on the property, however there is no guarantee or assurance these proJections, market assumptions and cash flow analysis are subJect to change with property and market conditions. Sands Investment Group encourages all potential interested buyers to seek advice from your tax, financial and legal advisors before making any real estate purchase and transaction. ACTUAL PROPERTY IMAGE INVESTMENT 4 SUMMARY Sands Investment Group is Pleased to Present Exclusively For Sale the 8 , 151 SF 100% Occupied Quarry Plaza, Which is an Outparcel to a Home Depot Anchored Shopping Center in Chicago’s Western Suburbs. Located in Alsip, IL, the Center Features a Mix of National and Regional Tenants Servicing the Needs of the Local Community. Additional Upside Potential is Available as the Seller Controls Two Pad Sites Totalling Almost an Acre Immediately Adjacent to Home Depot. OFFERING SUMMARY PAD 1 PAD 2 PRICE $2,900,000 AVAILABLE AVAILABLE CAP 6.55% NOI $189,898 PRICE PER SF $355.79 PROPERTY SUMMARY ADDRESS 12052- 12070 S Cicero Avenue Alsip, IL 60803 COUNTY Cook BUILDING AREA 8,151 SF LAND AREA 1.19 AC Y EAR BUILT 2008 QUARRY PLAZA 5 HIGHLIGHTS § Four Tenant Strip Center Outparcel to a 220,000 SF § Quarry Plaza is Less Than 1-Mile North of I-294 Which Retail Center Anchored By Home Depot and LA Fitness Allows Easy Access to and From Chicago § 100% Occupied Plaza With National & Regional § Alsip is a Suburb Approximately 45 Minutes Southwest Tenants of Downtown Chicago § ATI Physical Therapy Anchors the Outparcel Since § There Are Over 11,000 Businesses Employing Over 2009 Showing Commitment to the Site 100,000 People Within a 5-Mile Radius of the Plaza § Stella’s Place is a Slots and PoKer Gaming Cafe With § The Property Sits in a Dense Population Area of Over 50 Locations Throughout the State 349,200 Residents Within a 5-Mile Radius § Jimmy John’s, Recently AcQuired By Inspired Brands, § The Property Sits on S Cicero Avenue at a Signalized Has Been a Tenant Since 2008 Corner Which Sees 45,952 Vehicles Per Day § The Drive-Thru End Cap Has a New Franchised Jamba § Nearby Tenants Include: Dollar Tree, StarbucKs, ALDI, Juice With a Brand New 5 Year Lease Chipotle, T.J. Maxx, Walmart Supercenter, Kohl’s, Target, O’Reilly Auto Parts, Walgreens and More § Quarry Plaza Features Multiple Points of Entry and Ample ParKing With Over 1,000 Available Spots LEASE SUMMARY LEASE SUMMARY 6 ATI Physical Therapy TENANT Jamba Juice/Gloria Jeans Coffee TENANT (ATI Holdings LLC) Brothers Retail Group, Inc. With GUARANTOR GUARANTOR None Personal Guarantee PREMISES A Premise of Approximately 3,970 SF PREMISES A Premise of Approximately 1,641 SF LEASE COMMENCEMENT February 6, 2009 LEASE COMMENCEMENT September 14, 2021 LEASE EXPIRATION January 31, 2027 LEASE EXPIRATION September 13, 2026 LEASE TERM ~6 Years Remaining LEASE TERM 5 Years RENEWAL OPTIONS 2 x 5 Years RENEWAL OPTIONS 2 x 5 Years RENT INCREASES 10% at Option Periods RENT INCREASES 3% at Option Periods LEASE TYPE Triple Net (NNN) LEASE TYPE Gross PERMITTED USE Medical PERMITTED USE Restaurant PROPERTY TAXES Tenant’s Responsibility (Prorata Share) PROPERTY TAXES Landlord’s Responsibility INSURANCE Tenant’s Responsibility (Prorata Share) INSURANCE Landlord’s Responsibility COMMON AREA Tenant’s Responsibility (Prorata Share) COMMON AREA Landlord’s Responsibility ROOF & STRUCTURE Landlord’s Responsibility ROOF & STRUCTURE Landlord’s Responsibility REPAIRS & MAINTENANCE Tenant’s Responsibility REPAIRS & MAINTENANCE Landlord’s Responsibility HVAC Tenant’s Responsibility HVAC Tenant’s Responsibility UTILITIES Tenant’s Responsibility UTILITIES Tenant’s Responsibility RIGHT OF FIRST REFUSAL No RIGHT OF FIRST REFUSAL No LEASE SUMMARY LEASE SUMMARY 7 TENANT Jimmy John’s TENANT Stella’s-Quarry Plaza, LLC GUARANTOR MKMA Gourmet, Inc. GUARANTOR Larado Hospitality Ventures, LLC PREMISES A Premise of Approximately 1,271 SF PREMISES A Premise of Approximately 1,269 SF LEASE COMMENCEMENT August 20, 2008 LEASE COMMENCEMENT September 25, 2015 August 31, 2023 LEASE EXPIRATION LEASE EXPIRATION September 30, 2025 LEASE TERM 2+ Years Remaining LEASE TERM 4+ Years Remaining RENEWAL OPTIONS 1 x 5 Year RENEWAL OPTIONS 2 x 5 Years RENT INCREASES 28% at Option Period RENT INCREASES 10% at Option Periods LEASE TYPE Triple Net (NNN) LEASE TYPE Triple Net (NNN) PERMITTED USE Restaurant PERMITTED USE Restaurant With Gaming Machines PROPERTY TAXES Tenant’s Responsibility (Prorata Share) PROPERTY TAXES Tenant’s Responsibility (Prorata Share) INSURANCE Tenant’s Responsibility (Prorata Share) INSURANCE Tenant’s Responsibility (Prorata Share) Tenant’s Responsibility COMMON AREA (Prorata Share With CPI Cap) COMMON AREA Tenant’s Responsibility (Prorata Share) Landlord’s Responsibility ROOF & STRUCTURE Landlord’s Responsibility ROOF & STRUCTURE REPAIRS & MAINTENANCE Tenant’s Responsibility REPAIRS & MAINTENANCE Tenant’s Responsibility HVAC Tenant’s Responsibility HVAC Tenant’s Responsibility UTILITIES Tenant’s Responsibility UTILITIES Tenant’s Responsibility RIGHT OF FIRST REFUSAL No RIGHT OF FIRST REFUSAL No QUARRY PLAZA 8 RENT ROLL SQUARE % OF ANNUAL RENT RENTAL INCREASE LEASE LEASE TENANT OPTIONS FOOTAGE TOTAL BASE RENT PER SF INCREASE DATES BEGIN END ATI Physical Therapy 3,970 SF 48.71% $109,175.00 $27.50* 10% At Options 02/06/2009 01/31/2027 2 x 5 Years (ATI Holdings LLC) Jamba Juice/ 1,641 SF 20.13% $57,435.06 $35.03 3% At Options 09/14/2021 09/13/2026 2 x 5 Years Gloria Jeans Coffees Jimmy John’s 1,271 SF 15.59% $35,588.00 $28.00 28% At Option 08/20/2008 08/31/2023 1 x 5 Year Stella’s-Quarry 1,269 SF 15.57% $27,918.00 $22.00 10% At Options 09/25/2015 09/30/2025 2 x 5 Years Plaza, LLC TOTAL 8,151 SF 100% $230,116.06 *Effective August 1, 2021 ACTUAL PROPERTY IMAGE INCOME & EXPENSES 9 REVENUE $PSF YEAR 1 Scheduled Base Rent $28.13 $230,116 Total Expense Recoveries $20.04 $131,974 POTENTIAL GROSS REVENUE $48.17 $362,090 Vacancy Allowance (0%) $0.00 $0 EFFECTIVE GROSS REVENUE $48.17 $362,090 OPERATING EXPENSES CAM $2.65 $21,585 Insurance (Est) $0.41 $3,306 Management Fees (3%) $0.85 $6,903 Real Estate Taxes $17.24 $140,398 TOTAL OPERATING EXPENSES $21.15 $172,192 NET OPERATING INCOME $27.02 $189,898 10 ACTUAL PROPERTY IMAGES 11 CHICAGO QUARRY PLAZA 12 S Cicero Ave QUARRY PLAZA 13 S Cicero Ave QUARRY PLAZA 14 QUARRY PLAZA S Cicero Ave ALSIP | COOK COUNTY | ILLINOIS The Village of Alsip is a home rule unit of local government under the 15 Constitution of Illinois of 1970 and was incorporated in 1927. Alsip, Illinois, in Cook county, is 3 miles South of Oak Lawn, Illinois and 14 miles South of Chicago, Illinois. The people of the village are in the Chicago metropolitan area. This village is named after an early industrialist, Frank Alsip, who established the first industries beginning with a brick factory and a clay quarry. Alsip has a 2020 population of 18,431. The Village is home to approximately 900 businesses, encompassing various segments of commerce, including retail, service, and manufacturing. This diversity of business and industry provides a stable economic base, which in turn creates regional employment opportunities, outstanding municipal services, educational systems, health and human care agencies, and recreational facilities. There are many reasons for the strong business environment in the Village, including that the Village borders the City of Chicago, the Village’s workforce population has the experience for the types of businesses located in Alsip, the Village offers various economic incentives to industrial and retail businesses when needed, and there exists strong area transportation systems for both business and their employees. Both these economic incentives, as well as the transportation systems that make Alsip a transportation center. There are several parks in and around Alsip which provide ample opportunities for relaxation and recreational activities. The golf courses in the neighboring areas offer good facilities. There are museums nearby where one can get to know the local history, and several libraries which are well stocked with educational and recreational materials. Alsip and
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