3459 amnicola highway :: chattanooga, tn

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1 Racetrac 3459 amnicola highway :: chattanooga, tn SINGLE TENANT NET LEASED INVESTMENT RaceTrac Petroleum Sale Leaseback I N V E S T M E N T H i g h l i g h t s $1,666,492 Price / 7.5% Cap on $124,987 NOI Brand New Construction 15-Year NNN Lease 7.5% Rent Escalations Every 5-Years Eligible for Tax-Friendly 15-Yr Depreciation Corporate Guarantee by RaceTrac Petroleum Inc. Excellent Credit Tenant Located Near Major Employers :: james R. morris jim.morris@cbre.com :: PAUL GAITHER paul.gaither@cbre.com :: sean mcconnell sean.mcconnell@cbre.com :: James Mitchell james.mitchell@cbre.com For more information on, please visit:

2 INVESTMENT SNAPSHOT proposed Price $1,666, NOi $124, Cap Rate 7.5% Tenant Lease term Lease escalations options Escalations Store size Pump Count Parcel Size Existing financing RaceTrac Petroleum Inc 15 Years (Commencing Close of Escrow) 7.5% Every Five (5) Years (7) 5-Year Options with Increases 7.5% Increases every 5-Years 2,443 SF 24 Pumps 2 Acres Conveyed Debt Free Year built 2009 Environmental Purchase rofr Tenant will grant Corporate Indemnification to Buyer Tenant will have Right of First Refusal

3 racetrac Facts Annual Revenues Over $7 Billion 18th largest convenience store in the nation 56th largest private company as ranked by Forbes 4th largest private company in Georgia Racetrac Detail With over $7 Billion in revenues in 2008, RaceTrac is one of the largest privately held convenience store operators, and 56th largest private company as ranked by Forbes in RaceTrac s roots go back over 75 years to 1934 when Carl Bolch, Sr. opened independent gas stations in St. Louis, Missouri. The company relocated to Atlanta, Georgia in 1976, and in 1979 adopted the brand RaceTrac for its company-operated stores, and contractor-operated stores became branded RaceWay. Today, the company operates over 530 retail gasoline convenience stores in 12 southeastern states. The principal beliefs of responding to customers needs, sustained growth, a commitment to our core values and innovation are still what guide RaceTrac today. Regional Area Map

4 The Market Known for its rich culture, beautiful landscapes and tremendous business opportunities, Chattanooga consistently ranks as one of the top mid-size cities in America. Chattanooga has won acclaim for producing national best practices for cleaning up air pollution, downtown revitalization, and affordable housing. With over $2 billion in investments over the past two decades, Chattanooga has remade its downtown and riverfront into a live/work/play crossroads with half a dozen parks, a new organic grocer, the annual Riverbend music festival, and the largest freshwater aquarium in the country. Chattanooga s comprehensive greenway program, an accessible river and lake, mountains, parks and attractions offer a myriad of recreational activities to residents. In 2008 Outdoor Magazine named Chattanooga one of its Ten Best Towns. Families choosing homes based on educational offerings have good choices in private, parochial and public schools including over a dozen theme-focused public magnet schools. The city ranks 3rd as one of America s best places to live, according to RelocateAmerica.com. Along with that title, in 2007 Expansion Management Magazine ranked Chattanooga among the top cities in the country for businesses looking to relocate or expand. The subject property is located along a heavily travelled corridor serving a number of Chattanooga s largest employers including McKee Foods, Pepsi Bottling and Coca-Cola Bottling. Chattanooga State Technical College is also near by. Demographics 1 mile 3 miles 5 miles Population 1,069 41, ,459 Average household income $76,591 $49,747 $49,592 Household Density ,561 56,892 Traffic Counts 39,572 AADT on AMNICOLA HIGHWAY/HIGHWAY 58

5 S i t e A e r i a l & M a p 39,572 AADT

6 S i t e P l a n :: james r. morris jim.morris@cbre.com :: PAUL GAITHER paul.gaither@cbre.com :: Sean McConnell sean.mcconnell@cbre.com :: James Mitchell james.mitchell@cbre.com 2009 CB Richard Ellis, Inc. The information above has been obtained from sources believed reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. CB Richard Ellis Real Estate Services, Inc. Licensed Real Estate Broker.