offering memorandum LA PETITE ACADEMY 3325 SW GAGE BLVD TOPEKA, KS Representative Photo

offering memorandum LA PETITE ACADEMY 3325 SW GAGE BLVD TOPEKA, KS Representative Photo

Representative Photo CONTENTS 03 04 06 08 EXECUTIVE SUMMARY FINANCIAL OVERVIEW PROPERTY OVERVIEW AREA OVERVIEW LISTED BY AVERY BARRY ASSOCIATE AVERY.BARRY@MATTHEWS.COM DIR 949.873.0295 MOB 949.769.1821 LIC # 02036379 (CA) WESLEY CONNOLLY SENIOR ASSOCIATE WESLEY.CONNOLLY@MATTHEWS.COM DIR 949.432.4512 MOB 707.477.7185 LIC # 01962332 (CA) BROKER OF RECORD KYLE MATTHEWS BROKER OF RECORD LIC # CO00002672 (KS)

3 EXECUTIVE OVERVIEW Absolute Net investment great for passive income and diversification of portfolio Tenant has been at current location for almost 30 years PROPERTY DETAILS Low price point for La Petite Academy E-commerce proof with a proven track record of success Strategically located off of busy Highway 470 Just off the freeway allowing parents to drop their kids off on their way to work LOCATION Well traveled road with over 43,000 VPD Corner parcel to a Church and large surrounding neighborhood The Learning Care Group is the 2nd largest for-profit daycare provider with over 900 locations worldwide Nationally Accredited Tenant TENANT In addition to La Petite Academy, Learning Care Group s family of brands include 6 other unique schools brands: Childtime, The Children s Courtyard, Montessori Unlimited, Everbrook Academy, Tutor Time, and Creative Kids Learning Center.

Representative Photo FINANCIAL OVERVIEW FINANCIAL HIGHLIGHTS EXECUTIVE SUMMARY Property Name La Petite Academy Property Street 3325 SW Gage Blvd LIST PRICE CAP RATE PRICE PER SF City, State, Zip Topeka, KS 66614 GLA ± 5,415 SF $ 794,482 7.25% $146 Lot Size 0.85 AC Year Built 1990 TENANT SUMMARY ANNUALIZED OPERATING DATA Monthly Rent Annual Rent Cap Rate Current - 9/30/2019 $4,800 $57,600 7.25% 10/1/2019-9/30/2022 (First Option) 1/2/2019 1/1/2020 (Second Option) $4,944 $59,328 7.47% $5,092 $61,108 7.70% Tenant Trade Name La Petite Academy Type of Ownership Fee Simple Lease Guarantor La Petite Academy, Inc. Lease Type NNN Roof & Structure Tenant Responsible Original Lease Term 20 years Rent Commencement Date 10/1/2016 Lease Ex Date 9/30/2019 Term Remaining ± 1.75 years Increases Assuming 3% CPI Increase in Options Options Two, 3-Year Options 4

Tenant overview LEARNING CARE GROUP La Petite Academy is apart of Learning Care Group, Inc., the second-largest for-profit child care provider in North America and a leader in early education. Programs are designed for children aged 6 weeks to 12 years. Across seven brands, Learning Care Group is committed to creating state-of-the-art facilities with the latest technology and expert-driven curriculum created by their own Education team. OWNERSHIP NON-PUBLIC PARENT COMPANY TRADE NAME LA PETITE HOLDINGS CORP. WEBSITE WWW.LEARNINGCAREGROUP.COM COMMUNITY INVOLVEMENT The Learning Care Group believes kindness and empathy are among the most important lessons and want their students to have a positive impact on the world. The company gives back through philanthropic and charitable endeavors, collaborating with organizations such as Make-A-Wish Foundation and Ronald McDonald House Charities. ANNUAL SALES $222.04M HEADQUARTERED NOVI, MI YEAR FOUNDED 1993 5

PROPERTY OVERVIEW PARCEL MAP the offering ±43,000 ADT Property Name Property Address Site Description Number of Stories La Petite Academy 3325 SW Gage Blvd Topeka, KS 30093 One Year Built 1990 GLA ± 5,415 Lot Size Type of Ownership Parking ± 0.85 Acres (37,108 SF) Fee Simple 25 Free Surface Spaces Parking Ratio 4.62 : 1,000 Oceanside Blvd ± 31,792 College Blvd ± 40,116 6

surrounding tenants 7

AREA OVERVIEW TOPEKA, KS Topeka is the capital city of the U.S. state of Kansas. Being the state s capital city, Topeka s largest employer is the State of Kansas employing about 8,400 people, or 69% of the city s government workers. The city is also an agricultural, industrial and transportation center serving a large portion of north and central Kansas. A few years ago, citizens voted to extend a 12-year half-cent sales tax designated for economic development, roads, and bridges. Each year the sales tax funds provide $5 million designated for business development job creation incentives and $9 million for roads and bridges. Plans to redevelop areas along the Kansas River are being put into effect as well as renovations in the downtown area. DEMOGRAPHICS POPULATION 1 Mile 3 Mile 5 Mile 2023 Projection 11,638 61,520 117,860 2018 Estimate 11,893 62,375 118,330 HOUSEHOLDS 1 Mile 3 Mile 5 Mile 2023 Projection 5,761 28,994 53,179 2018 Estimate 5,645 28,452 51,642 INCOME 1 Mile 3 Mile 5 Mile 2018 Est. Average Household Income $73,105 $71,268 $68,705 8 8

9 WASHBURN UNIVERSITY Washburn University is 160-acre a public institution in the center of Topeka, Kansas. The university provides excellent liberal arts and professional education to over 7,000 students. The university provides several benefits to the community such as improved health and reduced welfare, unemployment and crime, saving the public close to $8.5 million every year. The net added income generated by the operations of the university and spending of visitors and non-local students contributes to a total of $56.9 million in income to the Northeast Kansas economy every year. Additionally, Washburn alumni have contributed to $422.7 million in added regional income over the past 30 years due to the higher earnings of students and increased output of business.

10 TOP TOURIST SITES BROWN V BOARD OF EDUCATION NATIONAL HISTORIC SITE Brown v. Board of Education National Historic Site was established in Topeka, Kansas, on October 26, 1992, by the United States Congress to commemorate the landmark U.S. Supreme Court decision aimed at ending racial segregation in public schools. OLD PRAIRIE TOWN AT WARD-MEADE HISTORIC SITE Old Prairie Town at Ward-Meade Historic Site is an open-air museum, park and historic site located in Topeka which includes a 2.5 acres botanical garden, restored 1874 Ward-Meade Mansion, the replica of the Ward s Cabin, and a developing town square called Prairie Crossings Town Square. KANSAS MUSEUM OF HISTORY Kansas Museum of History in Topeka is the state history museum that presents Kansas history from the prehistoric to modern eras. The museum s main gallery and changing exhibits have won numerous Awards of Merit. KANSAS STATE CAPITOL The Kansas State Capitol is the building which houses the executive and legislative branches of the government for the U.S. State of Kansas. It is one of the lesser few capitols in the country that continue to offer tours.

CONFIDENTIALITY & DISCLAIMER STATEMENT This Offering Memorandum contains select information pertaining to the business and affairs of La Petite Academy located at 3325 SW Gage Blvd, Topeka, SK 66614 ( Property ). It has been prepared by Matthews Real Estate Investment Services. This Offering Memorandum may not be all-inclusive or contain all of the information a prospective purchaser may desire. The information contained in this Offering Memorandum is confidential and furnished solely for the purpose of a review by a prospective purchaser of the Property. It is not to be used for any other purpose or made available to any other person without the written consent of Seller or Matthews Real Estate Investment Services. The material is based in part upon information supplied by the Seller and in part upon financial information obtained from sources it deems reliable. Owner, nor their officers, employees, or agents makes any representation or warranty, express or implied, as to the accuracy or completeness of this Offering Memorandum or any of its contents and no legal liability is assumed or shall be implied with respect thereto. Prospective purchasers should make their own projections and form their own conclusions without reliance upon the material contained herein and conduct their own due diligence. By acknowledging your receipt of this Offering Memorandum for the Property, you agree: 1. The Offering Memorandum and its contents are confidential; 2. You will hold it and treat it in the strictest of confidence; and 3. You will not, directly or indirectly, disclose or permit anyone else to disclose this Offering Memorandum or its contents in any fashion or manner detrimental to the interest of the Seller. Owner and Matthews Real Estate Investment Services expressly reserve the right, at their sole discretion, to reject any and all expressions of interest or offers to purchase the Property and to terminate discussions with any person or entity reviewing this Offering Memorandum or making an offer to purchase the Property unless and until a written agreement for the purchase and sale of the Property has been fully executed and delivered. If you wish not to pursue negotiations leading to the acquisition of the Property or in the future you discontinue such negotiations, then you agree to purge all materials relating to this Property including this Offering Memorandum. A prospective purchaser s sole and exclusive rights with respect to this prospective transaction, the Property, or information provided herein or in connection with the sale of the Property shall be limited to those expressly provided in an executed Purchase Agreement and shall be subject to the terms thereof. In no event shall a prospective purchaser have any other claims against Seller or Matthews Real Estate Investment Services or any of their affiliates or any of their respective officers, Directors, shareholders, owners, employees, or agents for any damages, liability, or causes of action relating to this solicitation process or the marketing or sale of the Property. This Offering Memorandum shall not be deemed to represent the state of affairs of the Property or constitute an indication that there has been no change in the state of affairs of the Property since the date this Offering Memorandum.

offering memorandum LA PETITE ACADEMY 3325 SW GAGE BLVD TOPEKA, KS exclusively listed by AVERY BARRY ASSOCIATE AVERY.BARRY@MATTHEWS.COM DIR 949.873.0295 MOB 949.769.1821 LIC # 02036379 (CA) WESLEY CONNOLLY SENIOR ASSOCIATE WESLEY.CONNOLLY@MATTHEWS.COM DIR 949.432.4512 MOB 707.477.7185 LIC # 01962332 (CA) BROKER OF RECORD KYLE MATTHEWS BROKER OF RECORD LIC # CO00002672 (KS) Representative Photo