2430 Gulf to Bay Boulevard, Clearwater, FL

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1 5755 North Point Parkway, Suite 262 Alpharetta, GA Representative Photo

2 CONFIDENTIALITY STATEMENT The Shane Investment Property Group, LLC. has been engaged as the exclusive agent and representative of the Owner. No contacts shall be made by any prospective purchaser or agents to the Owner, its executives, personnel or related entities. This Investment Offering Brochure is a solicitation of interest only and is not an offer to sell the Property. The Owner expressly reserves the right, at its sole discretion, to reject any or all expressions of interest to purchase the Property and expressly reserves the right, at its sole discretion, to terminate discussions with any entity at any time with or without notice. The Owner shall have no legal commitment or obligation to any entity reviewing the Investment Offering Brochure or making an offer to purchase the Property unless and until the Owner executes and delivers a signed Purchase Agreement on terms acceptable to the Owner, at Owner s sole discretion. By submitting an offer, a prospective purchaser will be deemed to have acknowledged the foregoing and agrees to release the Owner from any liability with respect hereto. The enclosed materials are being provided solely to facilitate the prospective purchaser s own due diligence for which the purchaser shall be fully and solely responsible. Neither the Shane Investment Property Group, LLC. Nor the Owner make any representation or warranty, express or implied, as to the accuracy or completeness of the information contained herein, and nothing contained herein shall be relied upon as a promise or representation as to the future performance of the Property. This Investment Offering Brochure ay include certain statements and estimates by the Shane Investment Property Group, LLC. With respect to the projected future performance of the Property. These assumptions may or may not be proven to be correct, and there can be no assurance that such estimates will be achieved. Further, the Shane Investment Property Group, LLC. And the Owner disclaim any and all liability for representations or warranties, expressed or implied, contained in or omitted from this Investment Offering Brochure, or any other written or oral communication transmitted or made available to the recipient. The recipient shall be entitled to rely solely on those representations and warranties that may be made to it in any final, fully executed and delivered Purchase Agreement between it and the Owner. The information contained herein is subject to change without notice and the recipient of these materials shall not look to the Owner or the Shane Investment Property Group, LLC., nor any of their officers, employees, representatives, independent contractors or affiliates, for the accuracy or completeness thereof. Recipients of this Investment Offering Brochure are advised and encouraged to conduct their own comprehensive review and analysis of the Property.

3 INVESTMENT OVERVIEW This offering presents the opportunity to acquire an AutoZone ground lease, recently executed for a new 15 year term. AutoZone recently completed construction of the new building at their own cost. The property occupies an exceptional location in the city of Clearwater, FL, roughly twenty miles west of the city of Tampa. The immediate area is densely populated, with over 42,000 households and a population of over 95,000 residents within a three mile radius. The property directly fronts Gulf to Bay Boulevard, a major roadway in this area with traffic counts exceeding 50,000 vehicles per day. It is also located just over one mile from US Highway 19 N, the area's main north-south artery. Traffic counts exceed 87,000 vehicles per day on this busy roadway. In addition to being located in a densely populated residential area, the property is located very near several major retailers and shopping areas. Home Depot and Sam's Club are located directly across the street. Just across Highway 19 N is the Clearwater Mall shopping center, housing such tenants as Target, PetSmart, Ross, and Costco. AREA RETAILERS PRICE: $1,600,000 CAP RATE: 4.91% AREA INFORMATION LEASE TERM: 15 YEARS LAND: 0.96 ACRES YEAR BUILT: 2015 Clearwater is part of the Tampa-St. Petersburg-Clearwater metropolitan area and is located on the Gulf Coast of Florida. The city is known mainly for its beaches, one of which recently landed as No. 8 on TripAdvisor's Top 10 U.S. Beaches list. Major industries in Clearwater include manufacturing, information technologies, marine sciences, medical technologies and financial services. TENANT INFORMATION AutoZone has come a long way from its beginning as a single store in Arkansas. Today, AutoZone is a publicly traded (NYSE: AZO) Fortune 500 company with a market capitalization of over $20 billion. The company is a leading auto parts retailer with five thousand locations in 48 states, Mexico, and Puerto Rico. AutoZone is also a major employer, providing jobs to over 65,000 people.

4 AERIAL MAP

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6 - SURROUNDING AREA Home Depot Publix Walmart Costco Target Lowe s

7 Tenant Land AutoZone Stores, LLC 0.96 Acre Commencement Date April 1, 2015 Termination Date March 30, 2030 Term Fifteen (15) years and Three 5-year Option Periods Increases 7% in Year 6; 10% increases in Option Periods Rent Schedule Year Annual Base Rent Monthly Base Rent 1 to 5 $78,600 6 to 15 $84,108 $6, $7, Option1 16 to 20 $92,508 $7, Option 2 21 to 25 $101,760 $8, Option 3 26 to 30 $111,936 $9, Taxes Section 5(b): Tenant shall pay for each of the following as "Additional Rent" (1) All real estate and personal property taxes assessed solely against the Demised Premises which accrue during the Term of any Extension Period prior to delinquency Nothing contained herein shal require Tenant to pay any corporation, franchise, gross receipt, income, estate, gift and inheritance taxes or charges imposed on Rent or other similar taxes, charges or impositions which may be levied or assessed against Landlord, any fee owner or their respective successors in title... (2) Florida sales and use taxes... (3) All government impositions which arise out of or in connection with the rental, operation, possession, occupancy or use of the Demised Premises by Tenant during the Term which are assessed by such body specifically against Tenant..." Insurance Section 12(a): Tenant shall, at Tenant's sole cost and expense, maintain general liability insurance against claims occurring upon or within any building on the Demised Premises "

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10 One Mile Three Miles Five Miles Notes Population 2015 Population 13,921 95, , Population 12,605 97, ,829 5 Year Projected 14,725 97, ,124 Growth Over the Past 15 Years 10.44% -1.60% 2.25% Projected Growth Over the Next 5 Years 5.78% 1.80% 2.12% 5-mile population exceeds 238,000 Households 2015 Households 6,423 42, ,848 % Owner Occupied 40.10% 50.50% 48.40% % Renter Occupied 44.30% 32.90% 34.90% 2000 Households 6,130 43, ,461 5 Year Projected 6,743 43, ,178 Growth Over the Past 15 Years 4.78% -1.82% 2.26% Projected Growth Over the Next 5 Years 4.98% 1.75% 2.16% Income 2015 Average Household Income $54,758 $56,476 $54,282 5 Year Projected $63,746 $64,700 $62,295 Projected Growth Over the Next 5 Years 16.41% 14.56% 14.76% 2012 United Stated Average Household Incom $77,190 Employment & Establishments 2015 Employees/Daytime Population 11,787 47, , Total Establishments 1,786 12,369 30,558 Race White 79.60% 81.60% 80.90% Black 6.50% 7.50% 9.00% American Indian/Eskimo 0.60% 0.40% 0.40% Asian/Pacific Islander 2.90% 2.70% 2.80% Other Race 7.70% 5.10% 4.20% Hispanic Ethnicity 21.70% 16.20% 13.80% 3-mile Average HH Income: $56,476 3-mile daytime population: 47,463