NESTLE 4545 NE 50TH ST. DES MOINES, IA Exclusively Listed by:

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1 NESTLE 4545 NE 50TH ST. DES MOINES, IA Exclusively Listed by: Vladimir C. Hritcu Advisor SVN Stewart Commercial Group, LLC P Daniel G. Stewart Managing Director SVN Stewart Commercial Group, LLC Listed In conjuction with: David B Zacharia Iowa Real Estate Broker # B

2 Disclaimer The material contained in this Marketing Package is furnished solely for the purpose of considering the purchase of theproperty within and is not to be used for any other purpose. This information should not, under any circumstances, bephotocopied or disclosed to any third party without the written consent of the SVN Advisor, David B Zacharia or Property Owner, or usedfor any purpose whatsoever other than to evaluate the possible purchase of the Property. The only party authorized to represent the Owner in connection with the sale of the Property is the SVN Advisor and David B Zacharia listed inthis marketing package, and no other person is authorized by the Owner to provide any informationor to make anyrepresentations other than contained in this marketing package. If the person receiving these materialsdoes not chooseto pursue a purchase of the Property, this marketing package must be returned. Neither the SVN Advisor, David B Zacharia, nor the Owner make any representation or warranty, express or implied, as to the accuracy orcompleteness of the information contained herein, and nothing contained herein is or shall be relied upon as a promiseor representation as to the future representation of the Property. This marketing package may includecertain statementsand estimates with respect to the Property. These Assumptions may or may not be proven to becorrect, and there canbe no assurance that such estimates will be achieved. Further, the SVN Advisor, David B Zacharia and the Owner disclaim any andallliability for representations or warranties, expressed or implied, contained in or omitted from this marketing package, orany other written or oral communication transmitted or made available to the recipient. The recipient shall be entitled torely solely on those representations and warranties that may be made to it in any final, fully executed and delivered RealEstate Purchase Agreement between it and Owner. The information contained herein is subject to change without notice and the recipient of these materials shall not look to Owner or the SVN Advisor, David B Zacharia nor any of their officers, employees, representatives, independent contractors or affiliates, for the accuracy or completeness thereof. Recipients of this marketing package are advised and encouraged to conducttheir own comprehensive review and analysis of the Property. This marketing package is a solicitation of interest only and is not an offer to sell the Property. The Owner expressly reserves the right, at its sole discretion, to reject any or all expressions of interest to purchase the Property and expressly reserves the right, at its sole discretion, to terminate negotiations with any entity, for any reason, at any time with or without notice. The Owner shall have no legal commitment or obligation to any entity reviewing the marketing package or making an offer to purchase the Property unless and until the Owner executes and delivers a signed RealEstate Purchase Agreement on terms acceptable to Owner, in Owner s sole discretion. By submitting an offer, aprospective purchaser will be deemed to have acknowledged the foregoing and agreed to release the Owner and thesvn Advisor and David B Zacharia from any liability with respect thereto. To the extent Owner or any agent of Owner corresponds with any prospective purchaser, any prospective purchaser should not rely on any such correspondence or statements as binding Owner. Only a fully executed Real Estate Purchase Agreement shall bind the property and each prospective purchaser proceeds at its own risk. NESTLE 4545 NE 50TH ST., DES MOINES, IA Page 2

3 Summary OFFERING SUMMARY Sale Price: $1,500,000 Cap Rate: 6.44% NOI: $96,600 Lot Size: 2.22 Acres Year Built: 2018 Building Size: 4,000 SF Zoning: M-1 PROPERTY OVERVIEW Single Tenant Net Leased Transfer Station. 100% Occupied by Nestle, The Largest Food and Beverage Company in the World. Longstanding presence in Des Moines, Nestle selected this site to relocate to in The property is specifically equipped for Nestle's distribution needs, with 3 phase power, charging stations, and food grade finishes in the warehouse. Located at the intersection of I-80 and I-65 means convenient freeway access and expedited delivery. This is a unique opportunity for investors to passively bank on the strength of the one of the largest companies on the planet PROPERTY HIGHLIGHTS Built-To-Suit High Quality Construction Prime Location Strong Local Market Minimal LL Responsibilities Marquee Tenant Price / SF: $ NESTLE 4545 NE 50TH ST., DES MOINES, IA Page 3

4 Highlights LEASE Lease End: 3/31/2023 Renewal Options: One Five (5) Year Renewal Option Lease Rate: $24.15/sf LL Responsibilities: Roof, Structure, Parking Lot (Repair/ Replace), HVAC (Repair/Replace) Tenant Responsibilities: Real Estate Taxes (Reimbursed), Insurance (Reimbursed), CAM, Utilities, Parking Lot (Maintenance), HVAC (Maintenance), Interior Repairs (Doors, Windows, etc.) PROPERTY Relocation Site - Built-to-Suit - Warranties in Place High Quality Brick and Steel Construction - Metal Roof Concrete Parking Lots and Loading Docs 4 Hi lift loading docs, w/ levelers, shelters, extended awnings Custom Power and Charging Stations 2.22 Acres - Room for Future Expansion LOCATION Easy Access to Interstates I-80 and I-65 Growth Market Steady Population Growth - 1.6% Annually Expected by 2023 Steady Income Growth - 1.9% Annually Expected by 2023 Limited Industrial Product Available Des Moines, IA Ranked #1 in 2010 & 2014 by Forbes as the "Best Place For Business" NESTLE 4545 NE 50TH ST., DES MOINES, IA Page 4

5 Property Details SALE PRICE $1,500,000 LOCATION INFORMATION Building Name Nestle Street Address 4545 NE 50th St. City, State, Zip Des Moines, IA County/Township Polk Cross Streets I-80 & I-65 PROPERTY DETAILS Property Type Industrial Property Subtype Truck Terminal/Hub/Transit Zoning M-1 Lot Size 2.22 Acres APN# Corner Property Yes BUILDING INFORMATION Building Size 4,000 SF NOI $96,600 Cap Rate 6.44% Price / SF $ Year Built 2018 Occupancy % 100% Tenancy Single Number Of Floors 1 Gross Leasable Area 4,000 SF Load Factor Yes Construction Status Existing Framing Steel Condition Excellent Roof Sloped Standing Seam Metal Free Standing Yes Walls Food Grade Metal Liner Panels PARKING & TRANSPORTATION Parking Description UTILITIES & AMENITIES Handicap Access Central HVAC Restrooms Sprinklers Power Concrete Parking Lot Yes Office Yes Fully Sprinkled Yes NESTLE 4545 NE 50TH ST., DES MOINES, IA Page 5

6 Additional Photos NESTLE 4545 NE 50TH ST., DES MOINES, IA Page 6

7 Parcel Map NESTLE 4545 NE 50TH ST., DES MOINES, IA Page 7

8 Nestle OVERVIEW Company: Nestle Founded: 1866 Total Revenue: CHF Billion Net Income: CHF Billion Total Assets: CHF 130,38 Billion Headquarters: Vevey, Vaud, Switzerland Stock Price: NESN (SWX) CHF SITE SPECIFIC TENANT DETAILS 100% Leased and Occupied by Nestle Dreyer's Ice Cream Company. Founded in 1928 by William Dreyer and Joseph Edy, DREYER'S has grown to become one of the best premium ice cream brands in the U.S. The facility is used specifically for the distribution of frozen foods. NESTLE A Swiss transnational food and drink company headquartered in Vevey, Vaud, Switerland. It is the largest food company in the world, measured by revenues and other metrics since It ranked No. 64 on the Fortune Global 500 in 2017 and No. 33 on the 2016 edition of Forbes Global 2000 list of largest public companies. Nestle's products include baby food, medical food, bottled water, breakfast cereals, coffee and tea, confectionery, dairy products, ice cream, frozen foods, and snack. 29 of Nestle's brands have annual sales of over $1.1 billion, including Nespresso, Nescafe, Kit Kat, Smarties, Nesquick, Stouffer's, Vittel, and Maggi. Nestle has 447 factories, operates in 194 countries, and employs an estimated 339,000 people. In May of 2018 Nestle and Starbucks announced a $7.15 billion distribution deal, which allows Nestle to market, sell, and distribute Starbucks coffee globally and to incorporate the brands coffee into Nestle's proprietary self serve system, expanding the overseas markets for both companies. NESTLE 4545 NE 50TH ST., DES MOINES, IA Page 8

9 Des Moines, IA DES MOINES, IA The capital city and most populous city in Iowa. A major center of the U.S. insurance industry and with a sizable financial services and publishing business base. Des Moines has received many acknowledgments as one of the largest "insurance capitals" of the world. The city is headquarters for the Principal Financial Group, EMC Insurance Companies, and the Meredith Corporation. Many other major corporation have substantial operations in Des Moines, such as, Wells Fargo, Nationwide Mutual Insurance Group, DuPont, Microsoft, Hewlett Packard and Facebook. strong regional economic driver, with expected growth. The population within a 10 mile radius of the Nestle site has grown by 30% since 2000 and is expected to grow by nearly 10% over the next 5 years. Average household income is also expected to grow by nearly 10% over the next 5 years. Current average annual household income within a 10 mile radius exceeds $76,544. CITY INFORMATION Founded: 1843 Population: 634,725 (2018) Area: Square Miles CITY HIGHLIGHTS State Capital and Largest City in Iowa Strong Local Economic Drivers Growth Market NESTLE 4545 NE 50TH ST., DES MOINES, IA Page 9

10 Regional Map NESTLE 4545 NE 50TH ST., DES MOINES, IA Page 10

11 Location Maps NESTLE 4545 NE 50TH ST., DES MOINES, IA Page 11

12 Aerial Map NESTLE 4545 NE 50TH ST., DES MOINES, IA Page 12

13 Parcel Outline NESTLE 4545 NE 50TH ST., DES MOINES, IA Page 13

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