HARI-OM PLAZA E LINCOLN HIGHWAY LYNWOOD, IL Paul Cawthon Vice President

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1 HARI-OM PLAZA E LINCOLN HIGHWAY LYNWOOD, IL Paul Cawthon Vice President paul.cawthon@svn.com David Miller Associate Advisor david.miller@svn.com Angelo Labriola Vice President angelo.labriola@svn.com SVN Chicago Commercial 940 West Adams Street, Suite 200, Chicago, IL OFFERING MEMORANDUM

2 PROPERTY INFORMATION 3 Executive Summary Property Description Property Details Complete Highlights Additional Photos LOCATION INFORMATION 9 Regional Map Location Maps Aerial Map Retailer Map FINANCIAL ANALYSIS 14 Financial Summary Income & Expenses Rent Roll Demographics Map ADVISOR BIOS 19 Mr. Cawthon Bio Mr. Miller Bio SVN Chicago Commercial 940 West Adams Street, Suite 200, Chicago, IL OFFERING MEMORANDUM

3 FOR SALE RETAIL 100% LEASED RETAIL CENTER E Lincoln Highway Lynwood, IL PROPERTY 1 PROPERTY INFORMATION INFORMATION E Lincoln Highway Lynwood, IL HARI-OM PLAZA E LINCOLN HIGHWAY LYNWOOD, IL All SVN Offices Independently Owned and Operated The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness. SVN Chicago Commercial Page 3

4 Executive Summary OFFERING SUMMARY Sale Price: $1,050,000 Cap Rate: 11.57% NOI: $121,443 Lot Size: 3.48 Acres Year Built: 2006 Building Size: 9,600 Zoning: Market: Submarket: B-3 (Regional Commercial Business District) Chicago Far South Price / SF: $ PROPERTY OVERVIEWVIEW 100% leased, 9600 SF retail center and adjacent one (1) acre lot for future development. Located on the heavily traveled Lincoln Highway, just North of the new Rt. 30 Bridge connecting Dyer, IN and Lynwood. This conveniently located center serves Dyer, Munster, Lansing and Sauk Village. With a Class 8 Tax Incentive in Place, capping taxes for a 10 year period. 573' of frontage, favorable floor plans and high cap rate make this a great investment. PROPERTY HIGHLIGHTS Includes 1+/- Acre Adjacent Development Site 573' of Frontage Newer Construction 22,000 Vehicles Per Day Abundant Parking Class 8 Tax Incentive In Place HARI-OM PLAZA E LINCOLN HIGHWAY LYNWOOD, IL SVN Chicago Commercial Page 4

5 Property Description PROPERTY OVERVIEWVIEW 100% leased, 9600 SF retail center and adjacent one (1) acre lot for future development. Located on the heavily traveled Lincoln Highway, just North of the new Rt. 30 Bridge connecting Dyer, IN and Lynwood. This conveniently located center serves Dyer, Munster, Lansing and Sauk Village. With a Class 8 Tax Incentive in Place, capping taxes for a 10 year period. 573' of frontage, favorable floor plans and high cap rate make this a great investment. LOCATION OVERVIEWVIEW Located in the Far South Suburbs of Chicago of off busy Lincoln Highway and just East of I-394. Lynwood is bordered by Dyer and Munster IN to the East, Lansing, IL to the North, Glenwood to the West and Sauk Village to the South. HARI-OM PLAZA E LINCOLN HIGHWAY LYNWOOD, IL SVN Chicago Commercial Page 5

6 Property Details SALE PRICE $1,050, LOCATION INFORMATION Building Name Hari-Om Plaza Street Address E Lincoln Highway City, State, Zip Lynwood, IL County/Township Cook Market Chicago Submarket Far South Cross Streets Lincoln Highway & Scott Avenue PROPERTY DETAILS Property Type Retail Property Subtype Strip Center Zoning B-3 (Regional Commercial Business District) Lot Size 3.48 Acres APN# BUILDING INFORMATION Building Size 9,600 SF Occupancy % 100% Tenancy Multiple Number Of Floors 1 Year Built 2006 HARI-OM PLAZA E LINCOLN HIGHWAY LYNWOOD, IL SVN Chicago Commercial Page 6

7 Complete Highlights SALE HIGHLIGHTS Includes 1+/- Acre Adjacent Development Site 573' of Frontage Newer Construction 22,000 Vehicles Per Day Abundant Parking Class 8 Tax Incentive In Place HARI-OM PLAZA E LINCOLN HIGHWAY LYNWOOD, IL SVN Chicago Commercial Page 7

8 Additional Photos HARI-OM PLAZA E LINCOLN HIGHWAY LYNWOOD, IL SVN Chicago Commercial Page 8

9 FOR SALE RETAIL 100% LEASED RETAIL CENTER E Lincoln Highway Lynwood, IL LOCATION INFORMATION 2 LOCATION INFORMATION E Lincoln Highway Lynwood, IL HARI-OM PLAZA E LINCOLN HIGHWAY LYNWOOD, IL SVN Chicago Commercial Page 9 All SVN Offices Independently Owned and Operated The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.

10 Regional Map Hari-Om Plaza HARI-OM PLAZA E LINCOLN HIGHWAY LYNWOOD, IL SVN Chicago Commercial Page 10

11 Location Maps HARI-OM PLAZA E LINCOLN HIGHWAY LYNWOOD, IL SVN Chicago Commercial Page 11

12 Aerial Map Hari-Om Plaza HARI-OM PLAZA E LINCOLN HIGHWAY LYNWOOD, IL SVN Chicago Commercial Page 12

13 Retailer Map HARI-OM PLAZA E LINCOLN HIGHWAY LYNWOOD, IL SVN Chicago Commercial Page 13

14 FOR SALE RETAIL 100% LEASED RETAIL CENTER E Lincoln Highway Lynwood, IL FINANCIAL ANALYSIS 3 FINANCIAL ANALYSIS E Lincoln Highway Lynwood, IL HARI-OM PLAZA E LINCOLN HIGHWAY LYNWOOD, IL SVN Chicago Commercial Page 14 All SVN Offices Independently Owned and Operated The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.

15 Financial Summary INVESTMENT OVERVIEWVIEW HARI-OM PLAZA Price $1,050,000 Price per SF $ CAP Rate 11.6% Cash-on-Cash Return (yr 1) % Total Return (yr 1) $80,472 Debt Coverage Ratio 2.14 OPERATING DATA HARI-OM PLAZA Gross Scheduled Income $169,272 Other Income $0 Total Scheduled Income $169,272 Vacancy Cost $0 Gross Income $169,272 Operating Expenses $47,829 Net Operating Income $121,443 Pre-Tax Cash Flow $64,814 FINANCING DATA HARI-OM PLAZA Down Payment $262,500 Loan Amount $787,500 Debt Service $56,629 Debt Service Monthly $4,719 Principal Reduction (yr 1) $15,658 HARI-OM PLAZA E LINCOLN HIGHWAY LYNWOOD, IL SVN Chicago Commercial Page 15

16 Income & Expenses INCOME SUMMARY HARI-OM PLAZA PER SF Total Rental Income $169,272 $17.63 Gross Income $169,272 $17.63 EXPENSE SUMMARY HARI-OM PLAZA PER SF Real Estate Taxes $36,165 $3.77 Insurance $4,000 $0.42 CAM $7,664 $0.80 Gross Expenses $47,829 $4.98 Net t Operating Income $121,443 $12.65 HARI-OM PLAZA E LINCOLN HIGHWAY LYNWOOD, IL SVN Chicago Commercial Page 16

17 Rent Roll TENANT NAME UNIT NUMBER UNIT SIZE (SF) LEASE START LEASE END LEASE START ANNUALAL RENT % OF GLA PRICE PER SF/YR RECOVERY TYPE COMMENTS United Liquor ,600 5/1/2014 5/31/2019 Current $48, $18.69 DT Enterprise, LLC ,000 12/1/ /31/2019 Current $18, $18.60 Sure Fire Tattoos ,000 9/1/2014 8/30/2019 Current $17, $17.20 Children's Place Learning Center ,000 3/1/2016 2/28/2022 Current $84, $16.98 Totals/Averages 9,600 $169,272 $17.63 $0 $0 HARI-OM PLAZA E LINCOLN HIGHWAY LYNWOOD, IL SVN Chicago Commercial Page 17

18 Demographics Map POPULATION 1 MILE 3 MILES 5 MILES Total population 5,755 53, ,570 Median age Median age (male) Median age (Female) HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES Total households 2,023 18,745 53,236 # of persons per HH Average HH income $72,104 $78,415 $78,468 Average house value $189,371 $205,940 $215,221 * Demographic data derived from 2010 US Census HARI-OM PLAZA E LINCOLN HIGHWAY LYNWOOD, IL SVN Chicago Commercial Page 18

19 FOR SALE RETAIL 100% LEASED RETAIL CENTER E Lincoln Highway Lynwood, IL ADVISOR BIOS 4 ADVISOR BIOS E Lincoln Highway Lynwood, IL HARI-OM PLAZA E LINCOLN HIGHWAY LYNWOOD, IL SVN Chicago Commercial Page 19 All SVN Offices Independently Owned and Operated The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.

20 Mr. Cawthon Bio PAUL CAWTHON Vice President PROFESSIONAL BACKGROUND Paul Cawthon serves as a Vice President for SVN Chicago Commercial. He specializes in the sale and leasing of retail, multifamily, investment, as well as commercial development property. Prior to joining SVN he served as a senior commercial associate with the Chicago office of Inland Real Estate Brokerage, Inc. A business owner for over 15 years, Mr. Cawthon capitalizes on his entrepreneurial skills and experience by offering his clients in-depth analysis of real estate products and financial solutions for their real estate investments. During his extensive real estate career Cawthon has won real estate awards such as the Rookie of the Year award for outstanding sales achievement and Lister of the Year. He has also been featured on the front page of the Chicago Tribune's Sunday Real Estate Section. Mr. Cawthon has participated in many high profile property listings including a portfolio of Class A Lifestyle Retail Centers in the Chicagoland area valuing at over $300 million and a rare redevelopment opportunity in Chicago's Gold Coast area located just off the Magnificent Mile. He has been hired by several municipalities to advise them on redevelopment and attracting retailers to their communities. Paul Cawthon and Angelo Labriola are specialists in the Pilsen neighborhood, with over 35 transactions completed in the neighborhood over the past few years. 940 West Adams Street, Suite 200 Chicago, IL T C paul.cawthon@svn.com In 2016, Mr. Cawthon and Angelo Labriola were ranked in the top 7% of all SVN Advisors nationwide. Paul resides with his family in Burr Ridge and in his spare time likes to spend time with his wife, Reda and their two daughters, Sedona and Savanna. HARI-OM PLAZA E LINCOLN HIGHWAY LYNWOOD, IL SVN Chicago Commercial Page 20

21 Mr. Miller Bio DAVID MILLER Associate Advisor PROFESSIONAL BACKGROUND David Miller serves as an advisor for SVN Chicago Commercial. Miller will be joining Paul Cawthon and Angelo Labriola, focusing on mixed-use, multifamily, and retail. Prior to joining SVN, Miller was a Commercial Associate for Hansen Realty, a Chicago based commercial firm. Miller previously worked in the hospitality & nightlife industry with a focus on customer relations before transitioning into commercial real estate. Within his first few months working in CRE, Miller has quickly closed a number of transactions, including the sale of a historic Chicago eatery. Miller is currently a member of the Chicago Association of Realtors (CAR), the Illinois Association of Realtors (IAR), and the National Association of Realtors (NAR). He earned his B.A. in Fine Arts with an emphasis in Photography from the University of Colorado, at Boulder. EDUCATION 940 West Adams Street, Suite 200 Chicago, IL T C david.miller@svn.com B.A. in Fine Arts from the University of Colorado at Boulder - Boulder, CO MEMBERSHIPS & AFFILIATIONS National Association of Realtors (NAR) Illinois Association of Realtors (IAR) Chicago Association of Realtors (CAR) HARI-OM PLAZA E LINCOLN HIGHWAY LYNWOOD, IL SVN Chicago Commercial Page 21