SINGLE TENANT ILLINOIS INVESTMENT OPPORTUNITY ABSOLUTE NNN BOILINGBROOK. Actual Site

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1 SINGLE TENANT ABSOLUTE NNN INVESTMENT OPPORTUNITY BOILINGBROOK ILLINOIS

2 EXCLUSIVELY MARKETED BY MATTHEW MOUSAVI MANAGING PRINCIPAL SRS NATIONAL NET LEASE GROUP 610 Newport Center Drive, Suite 1500 Newport Beach, CA DL: M: CA License No DAN ELLIOT SENIOR VICE PRESIDENT SRS NATIONAL NET LEASE GROUP 155 N. Wacker Drive, Suite 3660 Chicago, IL DL: IL License No PATRICK R. LUTHER, CCIM MANAGING PRINCIPAL SRS NATIONAL NET LEASE GROUP 610 Newport Center Drive, Suite 1500 Newport Beach, CA DL: M: CA License No SEAN LUTZ SENIOR VICE PRESIDENT SRS NATIONAL NET LEASE GROUP 155 N. Wacker Drive, Suite 3660 Chicago, IL DL: IL License No

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4 INVESTMENT SUMMARY INVESTMENT HIGHLIGHTS PROPERTY OVERVIEW PARCEL MAP AERIALS SITE PLAN LOCATION MAP AREA OVERVIEW CITY OVERVIEW DEMOGRAPHICS FINANCIALS RENT ROLL PRICING SUMMARY BRAND PROFILE This Offering Memorandum has been prepared by SRS National Net Lease Group (SRS) and has been approved for distribution by the owner. Although effort has been made to provide accurate information, neither the owner nor SRS can warrant or represent accuracy or completeness of the materials presented herein or in any other written or oral communications transmitted or made available to the purchaser. Many documents have been referred to in summary form and these summaries do not purport to represent or constitute a legal analysis of the contents of the applicable documents. Neither owner nor SRS represents that this offering summary is all inclusive or contains all of the information a purchaser may require. All of the financial projections and/or conclusions presented herein are provided strictly for reference purposes and have been developed based upon assumptions and conditions in effect at the time the evaluations were undertaken. They do not purport to reflect changes in the economic performance of the property or the business activities of the owner since the date of preparation of this Offering Memorandum. The projected economic performance of the property, competitive submarket conditions, and selected economic and demographic statistics may have changed subsequent to the preparation of the package. Qualified purchasers are urged to inspect the property and undertake their own independent evaluation of the property, the market and the surrounding competitive environment.

5 INVESTMENT SUMMARY SRS National Net Lease Group is pleased to present the rare opportunity to acquire the fee simple interest in Golden Corral, an absolute NNN leased, investment property located in Boilingbrook, IL. The tenant, Golden Corral, will execute a brand new 10 year sale leaseback at the close of escrow. The lease features annual 1.50% rental increases throughout the term with 5 (5-year) options to extend. The lease is franchisee guaranteed by an experienced 8-unit operator and is absolute NNN with zero landlord responsibilities. The subject site is located near the signalized, hard corner intersection of Remington Boulevard and Brookview Lane (36,500 cars per day) with excellent visibility and access. This particular location just completed a recent $200,000 remodel which was completed in June Additionally, the site is only 2 blocks or 0.2 miles from Interstate 55 (125,400 cars per day) with direct on/off-ramp access. Golden Corral is adjacent to ALDI and benefits from other nearby national/credit tenants that include Walmart, Walgreens, Dollar Tree, and more, further increasing consumer traffic and crossover shopping to the trade area. The 5-mile trade area is supported by a dense population of approximately 176,000 with an affluent average household income of $109,000. OFFERING PRICING: $4,343,000 NET OPERATING INCOME: $304,000 CAP RATE: 7.00% GUARANTY: Franchisee - (Experienced 8 Unit Operator) LEASE TYPE: Abs. NNN LANDLORD RESPONSIBILITIES: None PROPERTY SPECIFICATIONS RENTABLE AREA: LAND AREA: 10,467 SF 2.26 Acres PROPERTY ADDRESS: 381 Brookview Lane, Bolingbrook, IL YEAR BUILT / REMODELED: 2001 / 2017 PARCEL NUMBER: OWNERSHIP: Fee Simple (Land and Building) 5 / GOLDEN CORRAL / BOILINGBROOK, ILLINOIS INVESTMENT SUMMARY / SRS NATIONAL NET LEASE GROUP

6 INVESTMENT HIGHLIGHTS BRAND NEW 10 YEAR SALE LEASEBACK FRANCHISEE GUARANTY BY EXPERIENCED 8 UNIT OPERATOR ANNUAL RENTAL INCREASES Franchisee guaranteed lease by successful 8 unit operator Brand new 10 year sale leaseback to be executed at the close of escrow Rare 1.50% annual rental increases throughout the initial term and options ABSOLUTE NNN LEASE FEE SIMPLE OWNERSHIP NO LANDLORD RESPONSIBILITIES Tenant pays for CAM, insurance, taxes, and maintains all aspects of the building No landlord responsibilities Ideal, management-free investment for an out-of-state, passive investor NEAR SIGNALIZED HARD CORNER INTERSECTION RECENTLY RENOVATED 2 BLOCKS OR 0.2 MILES FROM INTERSTATE 55 The subject site is located near the signalized, hard corner intersection of Remington Boulevard and Brookview Lane (36,500 cars per day) This location was just recently remodeled where the tenant spent over $200k Additionally, the site only 2 blocks or 0.2 miles from Interstate 55 (125,400 cars per day) with direct on/off-ramp access The property has excellent visibility and access ADJACENT TO ALDI NEARBY NATIONAL/CREDIT TENANTS Golden Corral is adjacent to an ALDI supermarket Benefits from other nearby national/credit tenants that include Walmart, Walgreens, Dollar Tree, and more Increases consumer traffic and crossover shopping in the trade area STRONG DEMOGRAPHICS IN AFFLUENT 5-MILE AREA Over 175,000 residents and 73,000 employees support the trade area $109,000 average household income 6 / GOLDEN CORRAL / BOILINGBROOK, ILLINOIS INVESTMENT HIGHLIGHTS / SRS NATIONAL NET LEASE GROUP

7 PROPERTY OVERVIEW ACCESS There are two (2) access points with both along Brookview Lane. PARCEL Parcel Number: Acres: 2.26 Square Feet: 98,446 TRAFFIC COUNTS Interstate 55:...125,400 S. Bolingbrook Drive/ State Highway 53:...36,500 ZONING Commercial IMPROVEMENTS There is approximately 10,467 SF of existing building area. PARKING There are approximately 150 parking spaces on the owned parcel. The parking ratio is approximately stalls per 1,000 SF of leasable area. YEAR BUILT / REMODELED 2001 / 2017 PARCEL MAP 7 / GOLDEN CORRAL / BOILINGBROOK, ILLINOIS PROPERTY OVERVIEW / SRS NATIONAL NET LEASE GROUP

8 N 36,500 CARS PER DAY

9 36,500 CARS PER DAY 125,400 CARS PER DAY N

10 BROOKVIEW LN. PYLON SIGN N

11 CHICAGO 2016 ESTIMATED POPULATION 1 Mile... 11,650 3 Mile... 62,391 5 Mile...175, AVERAGE HOUSEHOLD INCOME 1 Mile...$61,523 3 Mile...$88,652 5 Mile...$109, ESTIMATED TOTAL EMPLOYEES 1 Mile... 8,471 3 Mile... 42,706 5 Mile... 73,852 BOILINGBROOK N

12 AREA OVERVIEW OF BOILINGBROOK, ILLINOIS The village of Bolingbrook is a southwest suburb of Chicago that is partially in both Will and DuPage counties in the U.S. state of Illinois. The Village of Bolingbrook had a population of 74,945 as of July 1, It is the 17th largest incorporated place in Illinois and the state s 2nd largest village. The Village is located at an interchange of Interstate Route 55 on the south and the north/south extension of the Illinois Tollway system, I-355 on the east. Presently the Village consists of 25 square miles. The Village has experienced rapid growth in commercial and residential real estate development over the past ten years and anticipates a continuation of this trend in the foreseeable future. Much of this growth can be attributed to the pro-growth sentiments of the Village; the proximity of the Village to the City of Chicago; the provision of necessary infrastructure improvements including roads, water and sewer services and low property taxes. Goya Foods Illinois division as well as Ulta Beauty are headquartered in Bolingbrook. WeatherTech has both its Corporate Headquarters and Factory Store in Bolingbrook. Most of Bolingbrook lies within the boundaries of Valley View School District 365U and Fountaindale Public Library District, both of which also include nearby Romeoville, Illinois. Other school districts that serve Bolingbrook include Plainfield School District 202, Indian Prairie School District 204, Naperville School District 203, Woodridge School District 68, and Downers Grove High School District 99. The Pelican Harbor Indoor/Outdoor Aquatic Complex is a popular location. The city features numerous woodland areas and parks. Golfing enthusiasts enjoy playing at the areas numerous courses including Bolingbrook Golf Club, Naperbrook, White Eagle Golf Course, Springbrook Golf Course and River Bend Golf Club. The Hidden Lakes Historic Trout Farm provides opportunities for fishing. The Rocket Ice Arena is available for skating and hockey. The Pelican Harbor Aquatic Park is a popular destination. The nearby Greene Valley Forest Preserve Loop is situated in grasslands and includes several scenic streams. Saganashkee Slough is popular for fishing. The Waterfall Glen Forest Preserve Loop features a rugged landscape, numerous ponds and a prairie. Residents enjoy the nearby Splashdown Water Park. A wide variety of activities and professional sports events are available in nearby Chicago. Will County is a county in the northeastern part of the state of Illinois. The estimated population as of July 1, 2017 was 689,529 making it the fourth-most populous county in Illinois. The county seat is Joliet. 12 / GOLDEN CORRAL / BOILINGBROOK, ILLINOIS AREA OVERVIEW / SRS NATIONAL NET LEASE GROUP

13 AREA OVERVIEW (CONTINUED) DEMOGRAPHICS 1 MILE 3 MILES 5 MILES 2016 Estimated Population 11,650 62, , Projected Population 11,935 63, , Census Population 11,164 61, ,657 Projected Annual Growth 2016 to % 0.21% 0.24% Historical Annual Growth 2010 to % 0.15% 0.24% 2016 Estimated Households 3,544 19,583 58, Projected Households 3,631 19,800 59, Census Households 3,411 19,348 57,517 Projected Annual Growth 2016 to % 0.22% 0.24% Historical Annual Growth 2010 to % 0.17% 0.24% 2016 Estimated White 42.60% 53.20% 64.60% 2016 Estimated Black or African American 23.60% 20.20% 12.10% 2016 Estimated Asian or Pacific Islander 7.60% 9.50% 12.40% 2016 Estimated American Indian or Native Alaskan 0.40% 0.40% 0.30% 2016 Estimated Other Races 21.90% 13.00% 7.60% 2016 Estimated Hispanic 44.00% 29.80% 19.30% 2016 Estimated Average Household Income $61,523 $88,652 $109, Estimated Median Household Income $50,331 $72,961 $85, Estimated Per Capita Income $19,487 $28,023 $36, Estimated Total Businesses 461 2,159 4, Estimated Total Employees 8,471 42,706 73, / GOLDEN CORRAL / BOILINGBROOK, ILLINOIS AREA OVERVIEW / SRS NATIONAL NET LEASE GROUP

14 RENT ROLL LEASE TERM RENTAL RATES TENANT NAME SQUARE FEET LEASE START LEASE END BEGIN INCREASE MONTHLY PSF ANNUALLY PSF RECOVERY TYPE OPTIONS Golden Corral 10,467 COE 10 Years Year 1 - $25,333 $2.42 $304,000 $29.04 Absolute NNN 5 (5-Year) Franchisee Guaranty Year % $25,713 $2.46 $308,560 $ % Annual 1.50% Annual Rental Increases Throughout Term FINANCIAL INFORMATION Price:...$4,343,000 Net Operating Income:...$304,000 Cap Rate: % Lease Type:...Abs. NNN PROPERTY SPECIFICATIONS Year Built/Remodeled: /2017 Rentable Area:...10,467 SF Land Area: Acres Address: Brookview Lane, Bolingbrook, IL BRAND PROFILE GOLDEN CORRAL Golden Corral Corporation operates restaurants in the United States. Its restaurants offer steaks, pork, seafood, shrimp, and chicken, sirloin, omelettes, pancakes, sausages and bacon, fruits, French toasts, pastries, breads, yeast rolls, cakes and pies, cookies, brownies, and ice creams, as well as chocolate flowing fountains in breakfast, lunch, and dinner. The company also offers franchising opportunities. Golden Corral Corporation was founded in 1973 and is based in Raleigh, North Carolina. It has support centers in Hurst, Texas; Raleigh, North Carolina; and Greenwood Village, Colorado. Company Type:... Private Locations: Website: / GOLDEN CORRAL / BOILINGBROOK, ILLINOIS RENT ROLL / SRS NATIONAL NET LEASE GROUP

15 SRS GLOBAL STATS 800+ PROPERTIES CURRENTLY REPRESENTED 600+ CLIENTS REPRESENTED IN 2016 $2.6B* TRANSACTION VALUE 20+ OFFICES 250+ BROKERS, PROFESSIONALS, AND STAFF #1 LARGEST REAL ESTATE FIRM EXCLUSIVELY DEDICATED TO RETAIL SERVICES IN NORTH AMERICA *STATISTICS ARE FOR 2016.