BAKKEN MULTI-TENANT INDUSTRIAL PORTFOLIO FOR SALE AS WHOLE OR PARTIAL

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1 PORTFOLIO FEATURES INVESTMENT SALE: $6,495,000 Rare multi-tenant industrial portfolio located in the heart of Bakken oil activity Consists of 2 properties, 4 buildings, and 18 units totaling 97,376 SF of warehouse/shop space on 9.5 AC: Minot, ND 2 Buildings 12 Units 65,080 SF 6.15 AC Williston, ND 2 Buildings 6 Units 32,276 SF 3.35 AC Portfolio can be purchased in whole or divided Rental rates are below market rates Full portfolio occupancy is currently 88.82% Priced below replacement costs Buildings are all metal on concrete slabs and include sprinklers Office sizes and layouts vary; most have an average of 7% office space Bakken oil production activity is at an all-time high prompting market vacancy rates to drop to 2%, making this investment ripe for sustainable returns FAST FACTS TOTAL PROPERTIES 2 TOTAL BUILDINGS 4 TOTAL UNITS 18 TOTAL SF 97,376 TOTAL AC 9.5 OCCUPANCY 88.82% SALE PRICE $6,495,000 PRICE/SF $66.71

2 PORTFOLIO MAP TH STREET WEST WILLISTON, ND & TH AVENUE NW MINOT, ND 58703

3 MINOT 309 & TH AVENUE NW, MINOT, ND FAST FACTS NUMBER OF BUILDINGS 2 TOTAL SF 65,080 TOTAL AC 6.15 TOTAL UNITS 12 PRICE/SF $66.71 PROPERTY FEATURES (2) Adjacent steel industrial buildings totaling 65,080 SF on 6.15 AC th Avenue 32,440 SF 6 units (4) 5,440 SF units (2) 10,780 SF units th Avenue 32,640 SF 6 units (4) 5,440 SF units (2) 10,880 SF units 10,000 SF of external storage Built in 2013 Each building features: Suites that include offices and bathrooms Open floor plan In-floor and overhead radiant heating (12) 20 x 16 overhead doors in each 23 peak and 19 eaves Prime location just south of the Route 2 spur road and north of Minot International Airport Provides easy access to the Hwy 83 bypass

4 MINOT 309 & TH AVENUE NW, MINOT, ND SITE AERIAL

5 MINOT 309 & TH AVENUE NW, MINOT, ND CITY LOCATION

6 WILLISTON TH STREET WEST, WILLISTON, ND FAST FACTS NUMBER OF BUILDINGS 2 TOTAL SF 32,276 TOTAL AC 3.35 TOTAL UNITS 6 PRICE/SF $76.77 PROPERTY FEATURES (2) Adjacent industrial/warehouse buildings totaling 32,276 SF on 3.35 AC Each building has 3 units, 6 total: (4) 5,440 SF units (1) 5,296 SF unit (1) 5,220 SF unit Most units includes office space, storage and bathrooms with showers 16 overhead doors Sprinklered Zoned industrial Ample parking and yard storage available Located in Ironwood Industrial Park Situated one mile from Sloulin Field International airport and Highway 2 Surrounding area has numerous oil and oil servicing companies including FMC, Noble Casing, MBA, Pro Energy, Enbridge Pipelines, and more Built in 2013

7 WILLISTON TH STREET WEST, WILLISTON, ND SITE AERIAL 22 ND AVENUE W 50 TH STREET WEST

8 WILLISTON TH STREET WEST, WILLISTON, ND CITY LOCATION WILLISTON

9 INVESTMENT HIGHLIGHTS BAKKEN OIL PRODUCTION UPSWING The demand for Bakken oil in the global market is not disappearing anytime soon, keeping North Dakota shale play markets on an upward economic trajectory. In September, North Dakota production reached a new record of 1.36 million barrels per day, a change of +5.2% from the prior month and +22.7% from one year ago. The average monthly WTI price for September 2018 was $66.76 per barrel, a change of +2.2% from the prior month and +45.1% from one year ago. TIGHT INDUSTRIAL SUPPLY As Bakken oil production continues to swell, industrial market conditions are experiencing increased demand, lowered inventories and shrinking vacancy rates. In North Dakota core market areas, which include Williston and Minot, we have average industrial vacancy rates as low as 2%, lease rates increasing to $12 to $14 per SF NNN, and termsranging from 3 to 7 years. This all equates to a 30% increase in lease rates since the 2014 downtown. With this stabilization upswing, industrial investors have a very strong opportunity for future, sustainable returns.