Offering Memorandum • Walgreens Nnn

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OFFERING MEMORANDUM • WALGREENS NNN

ATTRACTIVE WALGREENS ON PRIME CORNER W/ ABSOLUTE NNN LEASE AND 13-YEARS REMAINING ON LEASE

Actual Photo 25 Main Street, Bristol, Connecticut 06010 MCDONALDS CENTRE SQUARE REDEVELOPMENT 15-ACRE LOT ANCHORED BY BRISTOL HOSPITAL NEW 62,000 SQUARE-FOOT 1 MILE NORTH OUTPATIENT CARE CENTER

MEMORIAL BLVD/CT ROUTE 72 12,7000 VPD (2018)

(2018)

N MAIN ST - 12,600 VPD

MAFALES CENTER • MAIN ST. LAUNDROMAT • CRYSTAL DINER • A&E ENGRAVING • MARTY’S PACKAGE STORE MAIN STREET - 5,400ESPN VPD WORLD (2018) HEADQUARTERS AND BROADCASTING STUDIOS 3.5 MILES EAST

WALGREENS SUBJECT PROPERTY 16,120 SQ. FT. GLA • 1.55 +/- ACRES DRIVE-THRU • BUILT 2008

TEN MAIN STREET 61,472 SQ. FT. GLA

94,400 DAYTIME POPULATION WITHIN 5 MILES (2018) SOUTH STREET - 15,200 VPD (2018) N *Borders Are Approximate Walgreens | Bristol, CT 2 CENTRE SQUARE BRISTOL HOSPITAL • 1 MILE NORTH 15-ACRE LOT ANCHORED BY 169 BEDS 24/7 EMERGENCY SERVICES NEW 62,000 SQUARE-FOOT 40,000 PATIENTS ANNUALLY ESPN WORLD HEADQUARTERS OUTPATIENT CARE CENTER AND BROADCASTING STUDIOS 3.5 MILES EAST MAIN ST 5,400 VPD (2018) MEMORIAL BLVD/CT ROUTE 72 12,7000 VPD (2018)

WALGREENS BIKER’S EDGE SUBJECT PROPERTY BICYCLE SHOP

TEN MAIN STREET 61,472 SQ. FT. GLA

MAFALES CENTER • MAIN ST. LAUNDROMAT • CRYSTAL DINER • A&E ENGRAVING • MARTY’S PACKAGE STORE

SOUTH ST $89,000 AVG. HH INCOME 15,200 VPD (2018) WITHIN 5 MILES (2018) N *Borders Are Approximate ESPN WORLD HEADQUARTERS MEMORIAL BOULEVARD AND BROADCASTING STUDIOS $64M FUTURE ARTS MAGNET SCHOOL AND 3.5 MILES EAST AMAZON DELIVERY STATION 700-SEAT COMMUNITY AUDITORIUM 2.5 MILES EAST

LAKE COMPOUNCE AMUSEMENT PARK AND CT’S LARGEST WATER PARK CROCODILE COVE MEMORIAL BLVD/CT ROUTE 72 3.5 MILES SOUTH • 332 ACRES 12,7000 VPD (2018) NEW WATER SLIDE OPENING IN 2020

SOUTH ST 15,200 VPD (2018)

MAIN ST 5,400 VPD (2018)

MAFALES CENTER • MAIN ST. LAUNDROMAT • CRYSTAL DINER • A&E ENGRAVING • MARTY’S PACKAGE STORE

WALGREENS SUBJECT PROPERTY 16,120 SQ. FT. GLA • 1.55 +/- ACRES 104,000 POPULATION DRIVE-THRU • BUILT 2008 WITHIN 5 MILES (2018) N *Borders Are Approximate Walgreens | Bristol, CT 4 LEASE SUMMARY

Tenant Walgreens Boots Alliance

Lease Type Absolute NNN

Roof & Structure Responsibility Tenant

ADDRESS: Lease Commencement 05/01/2008 25 MAIN STREET, Base Lease Expiration 04/30/2033

BRISTOL, CT 06010 Base Term Remaining 13 Years +/-

Options 10, 5-Year Options

Increases None

Right of First Refusal Yes, Tenant has 30 Days to Respond PRICE VITAL DATA $8,193,000 Price $8,193,000 Cap Rate 6.00%

Store Sales 9/1/18-8/31/19: $1,945,011

Gross Leasable Area 16,120 Sq. Ft +/-

Year Built 2008 CAP RATE Lot Size 1.55 Acres +/- Parking 62 Surface Free Spaces

6.00% Zoning Downtown or Town Center, Commercial

BASE RENT SCHEDULE

Year Annual Rent Monthly Rent Rent/Sq. Ft. Cap Rate

1-25 $491,575 $40,964.58 $30.49 6.00%

Option Years ANNUAL RENT 26-75 $491,575 $40,964.58 $30.49 6.00% *If 2.0% of Gross Sales (except food and prescription sales) plus 0.5% of Gross Food and Prescription Sales exceeds fixed rent during the lease year, $491,575 then Tenant will pay excess amount as additional Percentage Rent. In no event shall the total rent paid exceed twice the amount of fixed rent payable. This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Any projections, opinions, assumptions or estimates used herein are for example purposes only and do not represent the current or future performance of the property. Marcus & Millichap Real Estate Investment Services is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2020 Marcus & Millichap ACTIVITY ID: Walgreens | Bristol, CT 5 INVESTMENT HIGHLIGHTS

Subject Property is Situated on a Prime Signalized Corner Subject is Located 3.5 Miles Northeast of the City’s Lot with Great Visibility and Features an Attractive Brick Largest Taxpayer and Employer, ESPN World Headquarters Facade, Electronic Pylon Signage, Large Parking Lot and and Broadcast Studios, Situated on a 700-Acre Campus Drive-Thru Bustling 24 Hours a Day, 7 Days a Week

Absolute NNN Lease - Absolutely Zero Landlord Subject Located 2.5 Miles/Five Minutes from New Amazon Responsibilities Delivery Station with Approximately 350 Employees

13-Year Lease with Corporate Guarantee with Investment- Subject is Located 3 Miles Northeast of Lake Compounce Grade Tenant Walgreens Boots Alliance (NASDAQ: WBA), and Crocodile Cove Water Park, a 332-Acre Family Theme The Nations Largest Drugstore Chain with a Current B1 Park and Oldest Operating Amusement Park in the U.S., Credit Rating (Source: Creditntell, 2020) Opening their Largest Water Slide the Venus Vortex in 2020 Prime Location: 25 Main Street is Located in the Heart of Downtown Bristol off of Route CT-72 (12,700 VPD), Bristol is found Midway Between New York (100 Miles) and via Exit 33 from I-84 (88,000 VPD), at the Corner of Boston (100 Miles) and Features a Stable Population of Main Street (5,400 VPD) and South Street (15,200 VPD) 61,000 People (Source: CTDOT, 2019) Commercial Air is Served Through Bradley International Area National Retail Tenants Include Subway, Family Airport, Connecticut’s Only Airport with National and Dollar, 7-Eleven, McDonald’s, USPS, CVS Pharmacy, BP International Traffic | “BDL” is a 40-Minute Drive from Gas, Burger King, Pizza Hut and More Subject Asset, Approximately 30 Miles North

Subject is One Mile from $26M State-of-the-Art, 62,000 The Hartford Metro Population is an Estimated 1.2 Million, Square-Foot Bristol Health Outpatient Center that Anchors While a Five-Mile Radius of the Subject Asset has a a 15-Acre City-Owned Redevelopment Site Population of Approximately 104,000 (Source: US Census Bureau) Subject is One Mile South of Bristol Hospital, a Leading Area Health Provider, Open 27/4 with 154 Beds that see Approximately 43,000 Households Have an Average 40,000 Patients Annually Household Income of $89,000 within a Five-Mile Radius of Subject, as of 2018 Estimates Subject is 1.5 Miles from Bristol Central High School, which Serves 1,200 Students in Grades 9-12 | Less Than Subject is Located in a Qualified Opportunity Zone, City One Mile East, Historic Memorial Boulevard Arts Magnet Enterprise Zone and a Tax Increment Financing Zone School Renovation Slated to Cost $64 Million, Will Serve 525 Students Grades 6-12

This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Any projections, opinions, assumptions or estimates used herein are for example purposes only and do not represent the current or future performance of the property. Marcus & Millichap Real Estate Investment Services is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2020 Marcus & Millichap ACTIVITY ID: Walgreens | Bristol, CT 6 25 Main St

DEMOGRAPHICS 2018 5-MILE AVERAGE HOUSEHOLD INCOME APPROX.$89,000 2018 5-MILE POPULATION APPROX. 104,000

Area Population 1 Mile 3 Miles 5 Miles 2010 Population 14,637 54,698 104,614 2018 Population Estimate 14,549 54,414 103,953 1 MILE 2023 Population Projection 14,809 55,134 105,439 Map data ©2020 Google, INEGI 100 mi 2018 Daytime Population 12,761 47,629 94,421 2018 5-MILE HOUSEHOLDS APPROX. 43,000 Area Households 1 Mile 3 Miles 5 Miles 2010 Households 6,234 22,847 42,755 3 MILES 2018 Households Estimate 6,250 22,938 42,827 2023 Households Projection 6,386 23,397 43,776 2018 Average HH Size 2.3 2.3 2.4

Area Income 1 Mile 3 Miles 5 Miles 5 MILES Median HH Income $50,277 $63,505 $69,712 Per Capita Income $29,061 $34,731 $36,802 Average HH Income $66,998 $81,984 $88,958 2018 5-MILE DAYTIME POPULATION APPROX. 94,000 Source: Marcus & Millichap Analytics, U.S. Census Bureau (2020)10

Walgreens | Westbrook, CT 7 AREA MAP • 25 MAIN STREET, BRISTOL, CONNECTICUT 06010 HARTFORD, CT MCDONALDS 20 Miles Northeast

WALGREENS MCD’S

MCDONALDS MEMORIAL BLVD/CT ROUTE 72 BURGER KING BRISTOL HOSPITAL 12,7000 VPD (2018) 1 MILE NORTH

DOWNTOWN OPPORTUNITY BRISTOL ZONE

ESPN WORLD HEADQUARTERS AND BROADCASTING STUDIOS LARGEST AREA EMPLOYER • 4,000 EMPLOYEES Subject Property LARGEST TAXPAYER • 700 ACRES WALGREENS 3.5 MILES EAST

INTERSTATE I-84 89,000 VPD (2018)

AMAZON DELIVERY STATION BEAR CREEK APPROX. 350 EMPLOYEES CAMPGROUND 2.5 MILES EAST LAKE COMPOUNCE & CROCODILE COVE NEW ENGLAND’S PREMIER FAMILY THEME 43,000 HOUSEHOLDS PARK & CT’S LARGEST WATER PARK 3.5 MILES SOUTH • 332 ACRES WITHIN 5 MILES (2018) LAKE NEW 6-STORY WATER SLIDE IN 2020 N COMPOUNCE *Borders Are Approximate COMPOUNCE MOUNTAIN Walgreens | Westbrook, CT 8

Imagery ©2020 Google, Imagery ©2020 CNES / Airbus, Landsat / Copernicus, Maxar Technologies, U.S. Geological Survey, USDA Farm Service Agency, Map data ©2020 2000 ft SUBJECT PHOTOS • 25 MAIN STREET, BRISTOL, CONNECTICUT 06010

Walgreens | Bristol, CT 9 SUBJECT PHOTOS • 25 MAIN STREET, BRISTOL, CONNECTICUT 06010

Walgreens | Bristol, CT 10 AREA PHOTOS • MAIN STREET, DOWNTOWN BRISTOL, CONNECTICUT

Mafales Center Downtown Shopping Plaza Ten Main Street

Barnes Group Inc. Manufacturing Headquarters Webster Bank

Walgreens | Bristol, CT 11 AREA PHOTOS • DOWNTOWN BRISTOL, CONNECTICUT

Bristol Health Medical Center Anchors 15-Acre Centre Square Redevelopment Site

Downtown Bristol, CT Facing North on Main Street

Walgreens | Bristol, CT 12 SITE PLAN • 25 MAIN STREET, BRISTOL, CONNECTICUT 06010

RESIDENTIAL

SOUTH STREET - 15,200 VPD (2018) 62 PARKING SPACES

WASTE BINS MAFALES SHOPPING CENTER

WALGREENS SUBJECT PROPERTY DRIVE THRU 16,120 SQ. FT. GLA • 1.55 +/- ACRES DRIVE-THRU • BUILT 2008

PYLON SIGN

N N MAIN STREET - 5,400 VPD (2018) *Borders Are Approximate This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Any projections, opinions, assumptions or estimates used herein are for example purposes only and do not represent the current or future performance of the property. Marcus & Millichap Real Estate Investment Services is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2020 Marcus & Millichap ACTIVITY ID: Walgreens | Bristol, CT 13 TENANT OVERVIEW

WALGREENS COMPANY

Walgreens Boots Alliance (NASDAQ: WBA) is the first global pharmacy-led, health and wellbeing enterprise of it’s kind. It is the largest retail pharmacy chain in the U.S. and one of the world’s largest purchasers of prescription drugs, along with numerous health, beauty, and wellbeing products. Nearly 8 million customers interact with Walgreens in stores and Online each day. Pharmacy accounts for 74 percent of sales while retail accounts for 26 percent. As of August 2019, 78 percent of the U.S. population lives within five miles of a Walgreens, Duane Reade or acquired Rite Aid retail pharmacy.

Walgreens Boots Alliance operates through three business segments: Retail WALGREENS BOOTS ALLIANCE OVERVIEW Pharmacy USA, Pharmaceutical Wholesale and Retail Pharmacy International. Retail Pharmacy USA Division’s principal retail pharmacy brands are Walgreens Headquarters Deerfield, Illinois and Duane Reade, who filled approximately 844 million prescriptions in fiscal 2019, including immunizations. Walgreens Company 1901 Founded Walgreens Boots Alliance 2014 As of Q1 FY-2020, Walgreens reported increased sales 1.6-percent to $34.3 billion, up 2.3% on a constant currency basis. Net cash provided by operating activities Credit Rating B1 (Creditntell) was $1.1 billion, an increase of $601 million; Free cash flow was $674 million, an increase of $684 million. CEO Stefano Pessina 18,500 Stores in 11 Countries During the first quarter of fiscal 2020, and since the close of the quarter, the company 9,390 Walgreens Stores made substantial progress on strategic priorities such as accelerating digitalization, 1,932 Rite Aid Stores transforming and restructuring retail offering, and creating neighborhood health Locations 390 Distribution Centers destinations. WBA and McKesson announced an agreement to create a German 415,000 Employees joint venture, combining their wholesale operations to drive long term value in a key European market. Walgreens and Kroger formed a group purchasing organization, Numbers as of 3Q 2019 expanding their collaboration with a new joint venture aimed at delivering cost savings and other benefits across owned brand sourcing. Jenny Craig health and $136.1 Billion in Revenue weight loss management on track to locate in approximately 100 Walgreens by the $25.3 Billion in Assets end of January. The first two of five VillageMD primary care clinics, Village Medical Numbers $5.1 Billion in Profits at Walgreens, opened in Houston. Numbers as of Fiscal Year 2018

Website www.walgreens.com

Sources: Walgreens Boots Alliance, Creditntell, Bloomberg, S&P Cap IQ; Forbes

BRISTOL, CONNECTICUT HARTFORD, CT MSA Bristol is one of the largest suburban cities in central Connecticut with approximately 61,000 residents that benefit from 700 acres of beautiful parks, a highly rated education system, friendly neighborhoods, and a wide range of local hot spots. The city is only an hour drive to beaches on the ocean shoreline, and just two hours from both Boston and New York City.

Downtown redevelopment remains a top priority for reasons of economic vitality and quality of life, and the area has been zoned as part of a Qualified Opportunity Zone. Standard and Poor’s cites Bristol as demonstrating strong budgetary performance, having a strong economy and strong management, as well as having strong institutional framework. In 2019 Bristol Hospital completed construction of BRISTOL, CT TOP EMPLOYERS a 60,000-square foot medical complex that anchors Centre Square, a 15-acre City owned redevelopment site. Future plans include apartments, retail/office space Employer Industry Employees and a restaurant. ESPN Sports Programming 4,200 Bristol’s largest employer and taxpayer is the largest all-sports television network ESPN, whose world headquarters and broadcasting studios have been located in City of Bristol Government 1,600 the city since 1979. ESPN currently broadcasts primarily from the studio facilities COUNTY MAJOR AREA EMPLOYERS located in Bristol, a bustling 700-acre campus with 24/7 activity. The company Bristol Health Healthcare 1,160 recently purchased the new ACC Network to Bristol, adding full-time positions to the area. Fanueil, Inc. Business Outsourcing 350

Bristol is home to Lake Compounce and Crocodile Cove, America’s oldest Amazon Retail & Distribution 350 continuously operating amusement park and water park situated on 332 acres with 44 attractions, including roller coasters, water rides, and an off-site campground. Sheridan Woods Healthcare 200 Other area attractions include the New England Carousel Museum, the American IDEX Health and Science Life Science Fluidics 175 Clock & Watch Museum, and the annual Bristol Mum Festival. Stop & Shop Grocery Retail 150 Bristol is located just 20 miles southwest of the state capital city of Hartford, on the Western edge of the Hartford, CT Metropolitan Statistical Area (MSA) that Quality Coils Electromagnetic 125 contains 54 towns and a population of 1.2 million, employing over a half million people in local aerospace, hydrogen/fuel cell technology, laser manufacturing and The Pines at Bristol Senior Care 115 healthcare industries. Employer Numbers as of 2019, Bristol Comprehensive Annual Financial Report Sources: Marcus & Millichap Research Services; Experian; U.S. Census Bureau, CT.gov

OPPORTUNITY ZONES

Opportunity Zones were established in the Tax Cuts and Jobs Act of 2017 to incentivize investments in low-income communities across the country. The Opportunity Zones program encourages long-term investment and job creation by allowing investors to re-invest unrealized capital gains in certain designated census tracts.

Seventy-two urban and suburban areas across Connecticut have been federally designated as Opportunity Zones. Opportunity zones have been designated covering 8,766 individual census tracts across all 50 states, six territories, and the District of Columbia. 31.3 million people in the U.S. call opportunity zones Blue Outline Indicates Bristol Opportunity Zone, Red Markers Indicate City Projects home.

Opportunity Zones provide substantial tax benefits to investors who move any realized capital gains into a qualified Opportunity Zone Fund within 180 days of 31.3 Million People in the U.S. the asset sale. The taxes on those capital gains may be reduced if the Opportunity Call Opportunity Zones Home Zone investment is held for at least 5 years — and even further reduced if held at least 7 years. Any capital gains on the Opportunity Zone investment itself can even be eliminated — if the investment is held at least 10 years. 72 Opportunity Zones in the State of Connecticut You can get the tax benefits, even if you don’t live, work or have a business in an opportunity zone. All you need to do is invest a recognized gain in a Qualified Opportunity Fund and elect to defer the tax on that gain. However, a transfer of Opportunity Zones are More Likely to non-cash property may result in only part of the investment being eligible for Host Commercial & Business Activity opportunity zone tax benefits, so that not all of the taxpayer’s capital gain is able to be deferred. 284 Entrepreneurship Incubators or This new source of risk capital will seed new startups, accelerate business Accelerators in Opportunity Zones expansions, create jobs, increase and improve housing options, and revitalize the built environment in distressed communities across the country. 24 Million Jobs and 1.6 Million Source: IRS.gov, Marcus & Millichap Analytics, CTOZMap Businesses in Opportunity Zones

*All Data Figures Reported from the 2019 Metra Fact Book

Walgreens | Bristol, CT 16 Google Maps https://www.google.com/maps/@41.6305832,-72.4160318,8z

104,000 2018 POPULATION WITHIN 5-MILE RADIUS SOURCE: MARCUS & MILLICHAP ANALYTICS, U.S. CENSUS

DISTANCE 20 MILES SOUTHWEST FROM 1 LES HARTFORD, CT 0 MI 0 20 45 MILES NORTH FROM M 1 BEACH SHORELINE IL E 100 MILES FROM S NEW YORK CITY, NY 100 MILES FROM S ALBANY, NY E 120 MILES FROM 20 MIL S BOSTON, MA 4 ILE 5 100 M M S IL E E IL S M 0 0 40 MIN 1 DRIVE FROM BRADLEY INTERNATIONAL AIRPORT LONG ISLAND SOUND “BDL” IS CONNECTICUT’S BUSIEST COMMERCIAL AIRPORT

MAJOR ACCESS ATLANTIC OCEAN CT-72 TO INTERSTATE I-84 I-84 RUNS FROM PA TO MA AND SAW OVER 89,000 VPD IN 2018 Walgreens | Bristol, CT 17

1 of 2 1/22/2020, 1:46 PM CONFIDENTIALITY & DISCLAIMER NET-LEASED DISCLAIMER

The information contained in the following Marketing Brochure is proprietary and strictly Marcus & Millichap hereby advises all prospective purchasers of Net Leased property as follows: The information contained in this Marketing Brochure has been obtained from sources we believe to confidential. It is intended to be reviewed only by the party receiving it from Marcus & Millichap be reliable. However, Marcus & Millichap has not and will not verify any of this information, nor has and should not be made available to any other person or entity without the written consent of Marcus & Millichap conducted any investigation regarding these matters. Marcus & Millichap makes Marcus & Millichap. This Marketing Brochure has been prepared to provide summary, unverified no guarantee, warranty or representation whatsoever about the accuracy or completeness of any information to prospective purchasers, and to establish only a preliminary level of interest in information provided. the subject property. The information contained herein is not a substitute for a thorough due diligence investigation. Marcus & Millichap has not made any investigation, and makes no As the Buyer of a net leased property, it is the Buyer’s responsibility to independently confirm warranty or representation, with respect to the income or expenses for the subject property, the accuracy and completeness of all material information before completing any purchase. This the future projected financial performance of the property, the size and square footage of Marketing Brochure is not a substitute for your thorough due diligence investigation of this investment the property and improvements, the presence or absence of contaminating substances, opportunity. Marcus & Millichap expressly denies any obligation to conduct a due diligence examination PCB’s or asbestos, the compliance with State and Federal regulations, the physical of this Property for Buyer. condition of the improvements thereon, or the financial condition or business prospects Any projections, opinions, assumptions or estimates used in this Marketing Brochure are for example of any tenant, or any tenant’s plans or intentions to continue its occupancy of the subject only and do not represent the current or future performance of this property. The value of a net leased property. The information contained in this Marketing Brochure has been obtained from property to you depends on factors that should be evaluated by you and your tax, financial and legal sources we believe to be reliable; however, Marcus & Millichap has not verified, and will not advisors. verify, any of the information contained herein, nor has Marcus & Millichap conducted any investigation regarding these matters and makes no warranty or representation whatsoever Buyer and Buyer’s tax, financial, legal, and construction advisors should conduct a careful, independent regarding the accuracy or completeness of the information provided. All potential buyers investigation of any net leased property to determine to your satisfaction with the suitability of the must take appropriate measures to verify all of the information set forth herein. Marcus & property for your needs. Millichap is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2018 Marcus & Millichap. All rights reserved. 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 NON-ENDORSEMENT NOTICE consideration, it is not a guarantee of future success. Similarly, the lease rate for some properties, Marcus & Millichap is not affiliated with, sponsored by, or endorsed by any commercial tenant or including newly-constructed facilities or newly-acquired locations, may be set based on a tenant’s lessee identified in this marketing package. The presence of any corporation’s logo or name is not projected sales with little or no record of actual performance, or comparable rents for the area. Returns intended to indicate or imply affiliation with, or sponsorship or endorsement by, said corporation are not guaranteed; the tenant and any guarantors may fail to pay the lease rent or property taxes, or of Marcus & Millichap, its affiliates or subsidiaries, or any agent, product, service, or commercial may fail to comply with other material terms of the lease; cash flow may be interrupted in part or in listing of Marcus & Millichap, and is solely included for the purpose of providing tenant lessee whole due to market, economic, environmental or other conditions. Regardless of tenant history and information about this listing to prospective customers. 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 ALL PROPERTY SHOWINGS ARE BY APPOINTMENT ONLY. locating a replacement tenant if the current tenant should default or abandon the property, and the PLEASE CONSULT YOUR MARCUS & MILLICHAP AGENT FOR MORE DETAILS. 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.

ACTIVITY ID: By accepting this Marketing Brochure you agree to release Marcus & Millichap Real Estate Investment Services and hold it harmless from any kind of claim, cost, expense, or liability arising out of your CT BROKER OF RECORD investigation and/or purchase of this net leased property. J.D. PARKER LIC. # REB.0788985

Walgreens | Westbrook, CT 18 DRONE FOOTAGE

OFFERING MEMORANDUM • WALGREENS

EXCLUSIVELY LISTED BY:

JESSE J. LIMON CT BROKER OF RECORD Senior Associate National Retail Group J.D. Parker Office (212) 430-5291 Lic. # REB.0788985 [email protected] License IN RB14048415, CONNECT ON NY 10401271892 SOCIAL MEDIA: Subject Photo

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