PRICE REDUCED OFFERING MEMORANDUM. OFFERED BY: Jim Koon, Managing Broker (208) or (208) Lake Coeur d Alene

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1 Lake Coeur d Alene OFFERING MEMORANDUM 750 CANFIELD AVENUE COEURD ALENE, ID Canfield Avenue Coeur d Alene, ID PRICE REDUCED 100% LEASED NNN Leased 7.8% CAP $4,200,000

2 Tenant Profile Sunshine Minting, Inc. Company Profile Founded in 1979 and with centuries of cumulative experience, SMI is a full service minting facility that is well known to help redefine global standards and respected in the industry as a leader. Since its inception, SMI has continued to grow and thrive in the minting industry with a proven track record for quality and innovation that have helped to re-define the global standard. In-house capabilities include: 750 Canfield Avenue Coeur d Alene, Idaho Dedicated Account Representative Live customer service Art & Design development Tool & Die shop Assay laboratory & Quality Assurance Melting & continuous casting Extruding Precious metal alloying (some limitations apply) Rolling Annealing Blanking & Coining Colorizing Gold plating Edge Lettering and serial numbering Locations Coeur d Alene, Idaho - Corporate Headquarters and the SMI flagship operation. Las Vegas, Nevada New location commissioned 2013 China - Putuo District, Shanghai 普陀區 commissioned 2011

3 Building Floor Pan 750 Canfield Avenue Coeur d Alene, Idaho

4 OFFERING OVERVIEW PROPERTY OVERVIEW Summary Summary The Offering Offering Price: $4,200, Property Type: Industrial / Flex Price Per Square Foot: $ Building Size: 36,000 square feet Capitalization Rate: 7.8% Parcel Size: 5 Acres Net Operating Income: $325,871 Construction Date: May, 2000 Construction Type: Power: Parcel #: Tilt Up Concrete 3000 Amps, 480, 3 Phase, 4 wire C Narrative 750 Canfield Avenue was built for Sunshine Minting Company, a full service minting facility. Primarily designed for a manufacturing operation. The building contains executive offices, cafeteria, vault and lab. A new roof was installed in The Concrete Tilt up building is situated on a 5 acre park like setting. In central Coeur d Alene location near high profile corporations and federal government tenants. Zoning: C-17 Loading Doors: Yard Space: Highlights * 100% occupied * Excellent location just off Hwy 95 in Coeur d'alene * Prominent street signage for great visibility * Ample parking for tenant employees and clientele * New roof installed 2016 *High security building One 12 X 14 Ground Level Door One Dock High Door Security Fenced Yard Space

5 Financial Summary Investment Summary Cash Flow and Return Projection Offering Price: $4,200,000 Actual 1st Year Operating Income: $352,051 Capitalization Rate: 7.8% less Debt Service (4.75% APR - 25 Years) ($215,504) less Management/Reserve ($8,578) Actual 1st Year Operating Income: $352,051 Net Cash Flow $127,969 Less 5% Vacancy ($17,602) Cash on Cash Return (Year 1) 10.5% Management/Reserve ($8,578) 1st Year Net Operating Income $325,871 Principle Down Payment (Year 1) $67,332 Total Return (Year 1) $195,300 New Proposed Debt Leasing Status Overall Return (Year 1) 18.6% Total Acquisition Price $4,200,000 Currently Occupied: 100% less Equity Required $1,050,000 Current Tenant: Sunshine Minting, Inc. New Proposed Debt (75% LTV) $3,150,000 Lease Type: NNN Interest Rate 4.75% Lease Escalations: Annual CPI Loan Term Amortized 25 Years Renewal Options: No Maturity Date 10 Years Lease Expires: May 31, 2021 Annual 1st Year Principle & Interest $215,504

6 Subject Property Hanley Avenue Federal Courthouse Hecla Mining Idaho State Police Prairie Avenue Highway 95 Canfield Avenue

7 Coeur d Alene, Idaho Coeur d Alene has clean air, little pollution and no humidity. The summers here are magnificent. If you're a winter sports enthusiast you can choose from three ski areas close enough to get in a run before or after work. We've got a downtown chock-full of unique restaurants, shops, and shop owners who know their customers by name. Our stable economy, low crime rate, and the 6th lowest cost of living in the U.S. attract many looking for a new place to call home, or relocate their business to a location that offers them and their employees an amazing lifestyle in the heart of paradise. Coeur d'alene attracts visitors from around the world. Once here, many opt to make Coeur d Alene their permanent home or invest in a vacation home. The tourism industry employs over 10,000 people in northern Idaho, accounting for 6.8 percent of the region s payroll in Tourism is projected to add 1,560 more jobs in northern Idaho by 2020, with the larges increase in amusements, gambling and increase recreation. Arts, entertainment and recreation, coupled with accommodations and food services should add 10,000 jobs statewide during the same period. Kootenai County is served by Frontier s advanced digital network with cutting-edge switching technology and fiber deployment which has attracted customer service call centers to the area, such as U.S. Bank, Alliance Data Systems and Center Partners. Coeur d'alene is the perfect mesh of small-town vibe and big-city atmosphere. There's lots to do to keep you entertained whatever the season. We've got the great outdoors and the second largest lake west of the Rockies. Within 20 minutes or less you can be in the national forest enjoying hiking, biking, fishing, hunting, canoeing, kayaking, birdwatching, skiing, snowshoeing or snowmobiling. Labor Force November 2014 November 2013 Civilian Labor Force 73,286 70,900 Total Employment 70,117 66,100 Unemployed 3,170 66,100 Unemployment Rate 6.4% 6.5% Idaho Unemployment 5.6% 5.7% U.S. Unemployment 6.7% 6.7% DEMOGRAPHICS Demographics 1 Mile 3 Miles 5 Miles POPULATION 2015 Population 4,208 56,829 77,965 HOUSEHOLDS 2015 Households 1,672 22,447 31, Median HH Income $46,725 $46,493 $46, Per Capita Income $22,209 $23,720 $24, Average HH Income $54,447 $59,019 $60,415 Major Employers Kootenai Health 1,823 Coeur d Alene Tribal Casino 800 Coeur d Alene School District 1,300 Hagadone Corp. 1,850 North Idaho College 1,000 State of Idaho 940 Kootenai County Government 743

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