CLASS A | NET LEASE RETAIL OUTLOT PORTFOLIO MUNDELEIN CROSSINGS OUTLOTS MUNDELEIN, ILLINOIS An Exclusive Investment Offering | www.transwestern.com/ChicagoRetailInvestmentSales OFFERING SUMMARY Transwestern is pleased to exclusively offer for sale a Portfolio of six free-standing retail properties. The Portfolio consists of five single-tenant and one multi-tenant building. All of the tenants have long lease terms remaining, significant rent growth and very limited Landlord respon sibilities. These net-leased properties are outlots to Mundelein Crossings, a 463,980-square-foot (“SF”) Class A retail power center anchored by Home Depot, Super Target, TJ Maxx and Home Goods. As the dominant center in the trade area, the Property is situated just north of IL Route 176 on the northeast quadrant of IL Route 60 and IL Route 83 in Mundelein, Illinois, a suburb located approximately 28 miles north of Chicago’s CBD. The offering is comprised of of eight national tenants, in six buildings, for a total of 38,524 SF. The buildings are situated on six separate parcels totaling ±6.91 acres. This Portfolio provides investors with the opportunity to acquire a concentrated group of high–quality diverse net leased assets located in the premier retail center of a strong suburban market of Chicago. Janice Sellis Marc Imrem Managing Director Managing Director 312.881.7024 312.881.7066 [email protected] [email protected] TRANSWESTERN CHICAGO Paul Barile Andrew Watson 200 West Madison Street Managing Director Managing Director Suite 1200 312.881.7020 312.881.7065 Chicago, IL 60606 [email protected] [email protected] MUNDELEIN CROSSINGS OUTLOTS | Mundelein , IL INVESTMENT HIGHLIGHTS Premier National Tenancy Starbucks, Bank of America, National Tire and Battery (NTB), Advocate Medical Group, AT&T, GNC, Mattress Firm and Rosati’s Pizza and Pub are all strong national tenants with excellent brand recognition and hundreds of locations, each, across the U.S. Diversification Through Tenant Mix Diversification across different retail sectors including Quick Service Restaurants, Auto Care, Financial, Medical/Emergency Care, Casual Dining Restaurants, Mobile and Telecommunications, Health and Nutrition and Home Furnishings. Excellent Credit Profile Tenant credit ranges from strong franchisee to investment grade. Strong Rental Increases The leases include rental escalations every five years of 10 percent or greater providing solid income growth and a hedge against inflation. Long-Term NNN Leases The single tenant properties included in the offering have an average remaining lease term of 11.5 years providing long term stabilized returns with minimal Landlord responsibilities. Area’s Premier Power Center The portfolio consists of outlots to Mundelein Crossings, the dominant retail power center in Mundelein, Illinois, anchored by Target, Home Depot, TJ Maxx and Home Goods. Superior Demographics Household Income: $141,459 (1 mile) Household Net Worth: $1,615,084 (1 mile) Population: 113,522 (5 mile) Chicago MSA Chicago is one of the world’s largest, most diverse economies, with 4.3 million employees and GRP in excess of $500 billion. The city is home to over 260,000 businesses, 29 Fortune 500 Companies, and over 400 major corporate headquarters. The Chicago area has been an attractive location as a primary transportation hub to such global companies as Abbott Laboratories, Baxter International, Boeing, McDonalds, Navistar, Motorola Mobility and Walgreens. An Exclusive Investment Offering | www.transwestern.com/ChicagoRetailInvestmentSales KEY PROPERTY STATISTICS Location NEC Route 60 & Route 83 Mundelein, IL 60060 Size 38,524 SF Land Area 6.9 acres Occupancy 95% Year Built 2004-2005 Parking 314 spaces (8.2 per 1,000 SF) Average HH Income $141,459 Average Net Worth $1,615,084 DEMOGRAPHIC 1 MILE 3 MILE 5 MILE SNAPSHOT Population 2,631 28,074 113,522 Average HH Income $141,459 $124,575 $123,030 Median HH Income $110,281 $93,578 $93,357 Average Net Worth $1,615,084 $1,352,759 $1,096,573 LEASE CHARACTERISTICS Tenant Remaining Lease Term Size Renewal Options Rent Increases Starbucks (Ground Lease) 10 Years 2,500 SF Four 5-Year Options 10% Every 5 Years Bank of America (Ground Lease) 8 Years 4,601 SF Five 5-Year Options 10% Every 5 Years NTB (Ground Lease) 15.5 Years 8,000 SF Five 5-Year Options 12% Every 5 Years Advocate Medical Group 10 Years 8,000 SF Three 5-Year Options 10% in Year 6 Rosati’s Pizza and Sports Pub 14 Years 4,924 SF Three 5-Year Options 10% Every 5 Years Multi-Tenant Building AT&T 4 Years 2,500 SF Three 5-Year Options 10% Every 5 Years GNC 5 Years 1,350 SF Three 5-Year Options 10% Every 5 Years Mattress Firm 3 Years 4,824 SF Three 5-Year Options 10% Every 5 Years MUNDELEIN CROSSINGS OUTLOTS | Mundelein , IL SITE PLAN ILLINOIS ROUTE 83 PENDING MULTI-TENANT FAST FOOD USER ILLINOIS ROUTE 60 Portfolio Offering Separately Owned TRANSWESTERN Transwestern is a privately held real estate firm of collaborative entrepreneurs who deliver a higher level of personalized service– the Transwestern Experience. Specializing in Agency Leasing, Management, Tenant Advisory, Capital Markets, Research and Sustainability services, our fully integrated global enterprise adds value for investors, owners and occupiers of all commercial property types. We leverage market insights and operational expertise from members of the Transwestern family of companies specializing in development, real estate investment management and research. Transwestern has 34 U.S. offices and assists clients through more than 180 offices in 37 countries as part of a strategic alliance with BNP Paribas Real Estate. Year-to-date, Transwestern has overseen the leasing and management of 2,006 properties, representing more than 370 million square feet - leased and managed com- bined. Within that same time period, the firm completed leasing, sales and finance transactions totaling $8.6 billion. Janice Sellis Marc Imrem Managing Director Managing Director 312.881.7024 312.881.7066 [email protected] [email protected] TRANSWESTERN CHICAGO Paul Barile Andrew Watson 200 West Madison Street Managing Director Managing Director Suite 1200 312.881.7020 312.881.7065 Chicago, IL 60606 [email protected] [email protected].
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