1851 S. PANTANO ROAD Tucson, Arizona 85710

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1 OFFICE CORPORATE HEADQUARTERS 124,778 SF Net Leased Investment Sale Price: $13,950,000 PROPERTY HIGHLIGHTS Single Tenant Triple Net Investment located in Tucson, Arizona. Rockwell Collins (NYSE: COL) occupies the property. Highly improved Class A office and manufacturing space Quality business park environs Lease Expires 6/30/2026 AREA AMENITIES Large Business Park in East Tucson Located in the heart of the largest population center in Tucson. Retail nearby Russell Hall, SIOR, GSCS Principal, Commercial Properties rhall@picor.com Stephen Cohen Principal, Industrial Properties scohen@picor.com PICOR Commercial Real Estate Services 1100 N. Wilmot Road, Suite 200 Tucson, Arizona phone: Cushman & Wakefield Copyright No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by picor.com

2 FINANCIAL INFORMATION Rent Roll Tenant Overview Lease Term 7/1/2011-6/30/2026 Rent Current Rent $ 510,827 ($4.09 / SF) Annual Increases 2% Phase 1 payments $ Phase II Payments $ 211, Annual payments $ 1,126, Market Rent $ 823,535 (6.60 / SF) Capitalization Rate 6.75% Value of market rent less mgmt. & reserve $11,771,650 Excess Cash Flow for remaining term $ 2,573,745 Discounted at 4.5% $ 2, Sale price $13,950,000 Founded in 1987, B/E Aerospace has evolved from a $3 million company to $2.6 billion in revenue, making it the world s leading manufacturer of aircraft interior products and solutions for the commercial, business jet, and military markets. B/E Aerospace was bought in April 2017 for $6.4 billion by the avionics and aircraft connectivity provider Rockwell Collins based in Cedar Rapids, Iowa. The new Rockwell has $8.1 billion in revenues and $1.9 billion in pre-tax earnings with nearly 30,000 employees. On September 4, 2017, United Technologies proposed to acquire Rockwell Collins in cash and stock for $23 billion, $30 billion including Rockwell Collins' net debt. This transaction is moving forward. At this facility, Rockwell manufactures and assembles super first class and first class interiors for commercial and private aircraft, using the highest quality design, craftsmanship and materials. Income Explanation The tenant leased the original building (90,548 sq. ft.), with a graduated rent based on that square footage. The building was expanded in two phases. First, a 13,530 sq. ft., 2-story office addition was constructed. When complete, the rent increased by amortizing that cost over the remaining term including 6.5% interest. The warehouse was then expanded by 20,700 sq. ft. The rent was increased when that construction was complete by an amount equal to 7.95% interest on the cost of that expansion. picor.com

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5 Specifications: PROPERTY DESCRIPTION Construction: Building Size Offices Balance Parking Lot Size Concrete Tilt-up 124,778 SF 27,000+ SF (2-story with elevator) 100% Air Conditioned 200+ spaces 7.87 Acres (342,817 SF) Ceiling: 18 Fire Protection Loading Ordinary Hazard Grade (2) and Truck Well (3 plus covered truck well with 2 add l positions) Year Built: 1985, expanded and remodeled in 2012 Zoning: I-1 (Light Industrial) City of Tucson

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7 TUCSON, ARIZONA OVERVIEW 3 rd Greater Tucson was recently named the third fastest-growing metro by Bloomberg. 1 out of 3 Arizona is one of the states in the U.S. experiencing year-overyear construction job growth. $3 Billion The forecasted economic impact of recent employment announcements in Tucson.