EAST RIVERSIDE RETAIL CENTER E. RIVERSIDE BLVD. LOVES PARK, ILLINOIS OFFERING MEMORANDUM

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1 EAST RIVERSIDE RETAIL CENTER LOVES PARK, ILLINOIS OFFERING MEMORANDUM

2 OFFERING MEMORANDUM $5,061,598 This newly constructed 22,400 SF retail & office center is the regions first environmentally friendly retail shopping center. Energy efficient materials include white EPDM heat, argon gas insulated windows, GEO thermal heating & cooling and an LED sign panel. The East Riverside Retail Center has excellent visibility, sits inside a signalized intersection and is only 1.5 miles west of I-90.

3 OFFERING SUMMARY Price: $5,061,598 Price Per GLA: $226 CAP: 7.00% GLA: 22,406 Land Acre: 2.06 Percent Occupied: 100% FINANCING SUMMARY Estimated Annualized Operating Data 2017 Scheduled Income $327,118 Recapture/CAM $106,703 RE Tax Reimb $52,733 Less Vacancy $24,328 Gross Operating Income $462,226 Less Expenses $107,914 Net Operating Income $354,312 Estimated Annualized Expenses RE Tax $52,733 Insurance $6,371 Geothermal (HVAC) $3,794 CAM $45,016 Total Expenses $107,914

4 RENT ROLL Tenant Name Start Date End Date SF Rent/SF Base Rent NNN Geothermal Total Gross Rent % of Total Escalations/Comments Rock Valley Subway LLC 03/11/09 04/30/19 1,686 $21.85 $36,839 $9,060 $3,508 $49, % A1 Cleaners 06/06/16 09/06/22 1,065 $14.00 $14,910 $4,896 $2,268 $22, % Dotty's 05/07/13 01/31/20 1,378 $18.00 $24,804 $7,380 $2,825 $35, % Blush Nail Lounge 02/26/16 05/31/23 2,585 $9.89 $25,560 $12,258 $5,444 $43, % Sylvan's 05/04/15 11/30/21 1,358 $13.75 $18,672 $6,840 $1,697 $27, % The Olive Experience 04/03/14 10/31/20 3,945 $12.24 $48,300 $18,000 $7,285 $73, % Annual 2% increase Three 5-Year; 2% Increase Annual 3% increase Annual 2% Increase Two 6-Year; 2% Increase 2nd Floor Office M M 961 $2.50 $2,400 $4,421 $2,047 $8, % M to M Sugar Jones, Inc. 03/23/13 01/31/24 1,336 $18.00 $24,048 $6,960 $2,779 $33, % PHO Square Vietnamese Rest 07/22/09 10/13/19 1,661 $18.97 $31,515 $10,740 $3,926 $46, % Health Habits Wellness 07/26/16 04/30/23 2,214 $13.01 $28,795 $10,404 $4,718 $43, % T Mobile 01/01/17 05/01/22 1,287 $16.07 $20,688 $6,840 $2,754 $30, % Kit By Diane LLC 09/09/09 12/02/19 1,559 $17.95 $27,990 $9,000 $3,508 $40, % Eddie Z's 11/11/16 06/30/18 1,371 $16.48 $22,596 $7,080 $2,797 $32, % No Option Annual 0% Increase No Option Annual 2% Increase One 5-Year; 2% Increase Annual 0% Increase No Option Annual 2% Increase Two 1-Year; 2% Increase Total 22,406 $14.60 $327,118 $113,879 $45,557 $486, %

5 TENANT SIZE DIMENSIONS* Rock Valley Subway LLC 1,686 24'.5" x 66' A1 Cleaners 1,065 17'.11" x 66' Dotty's 1,378 21'.1" x 66' Blush Nail Lounge 2,585 39'.2 x 66' AVAILABLE 796± sf Sylvan's 1,358 20'.8" x 66' The Olive Experience 3,945 61'.9" x 76' 2nd Floor Office '.6" x 55'.4" Sugar Jones, Inc. 1,336 20'.4" x 65'.4" BLUSH NAILS PHO Square Vietnamese Rest 1,661 25'.5" x 65'.4" Health Habits Wellness 2,214 33'.8" x 66' T Mobile 1,287 19'.7" x 66' Kitchens By Diane LLC 1,559 22'.2" x 65'.4" Eddie Z's 1,371 21'.3" x 66' 22,406 LED Pylon Signage for All T enants!

6 PERRYVILLE - 26,500 vpd DEMOGRAPHICS RIVERSIDE BLVD - 26,000 vpd MULFORD DR. - 21,800 vpd Lincol n Rent-All & Law n Equiptme nt S ales, Inc. 1-mi. 3-mi. 5-mi Total Daytime Population 9,503 52, , Total Employees 6,419 26,673 74, Total Population 6,022 47, , Households 2,535 20,208 51, Household Income: Average $88,684 $76,305 $72,006

7 2017 OPERATING DATA BUILDING SPECIFICATIONS $ Building Type: Multi Tenant Neighborhood Strip Shopping Center Total Operating Income $486,554 Address: 6334 E. Riverside Blvd, Loves Park IL Vacancy (5%) $24,328 Major Cross Street: NWC Riverside / Mulford Gross Operating Income $462,226 County: Winnebago Total Operating Expenses $107,914 Built: 2008 Net Operating Income (NOI) $354,312 Construction: Steel Frame Building SF: 22,406 OPERATING EXPENSES Parcel Size: 2.06 Amount $/SF Parking: 102 Taxes (Actual) $52,733 $2.35 Heat: GEO THERMAL Insurance $6,371 $0.28 Tax ID/Parcel #: Geothermal $3,794 $0.17 Zoning: CR Commercial CAM $45,016 $2.01 VPD: 22,500 Total Expenses $107,914 $4.82 Village Contact: Todd Cagnoni: