INVESTMENT OPPORTUNITY WITH A FORTUNE 500 COMPANY TENANT

INVESTMENT OPPORTUNITY WITH A FORTUNE 500 COMPANY TENANT Waterbury, CT 06704 Retail Investment Property For Sale at $765,000.00 OR AS PART OF A TWO PROPERTY PORTFOLIO Broker: Jon Angel President 203.335.6600, Ext. 21 jangel@angelcommercial.com ANGEL C O M M E R C I A L, L. L. C. to errors, omissions, change of price, rental or other conditions, withdrawal without notice and to any special listing conditions imposed by our principals.

FOR SALE Contents Waterbury, CT 06704 Page Property Overview Portfolio Description PPG Industries Acquires Painter s Supply Location Map Town Overview Fact Sheet Neighborhood Map Parcel Map Zoning Regulations IG - City of Waterbury Confidentiality Agreement 3 4 5 6 7 8 9 10 11 17 AN GEL COMMERCIAL, L.L.C. Page 2

FOR SALE Waterbury, CT 06704 Retail Investment Property For Sale at $765,000.00 XX 100% leased property offers approximately 6,615 SF on.67 acres X Projected 2018 NOI: $65,052.69 with scheduled increases and 9% CAP rate XX Corporate Guarantee from Fortune 500 Company, PPG Industries XX NNN lease with rate increases over the term XX Individual asset from a multi-property portfolio XX Near top national retailers including Target, CVS, McDonald s, Sears, Subway, Dollar General, Starbucks, Radio Shack, AutoZone, Family Dollar, Kmart, Staples, 7 Eleven and TJ Maxx. XX Located less than one mile from Route 8, Exit 36 Broker: Jon Angel President 203.335.6600. Ext. 21 jangel@angelcommercial.com AN GEL COMMERCIAL, L.L.C. Page 3

FOR SALE Two Property Portfolio Portfolio Description PPG Industries ABOUT THE PORTFOLIO Two Locations in Connecticut Angel Commercial, L.L.C. is pleased to offer the sale of the Connecticut PPG Portfolio consisting of two fully leased properties located in Danbury and Waterbury. The portfolio is for sale in its entirety for $2,448,000 or as individual assets. Total portfolio offers approximately 13,901 RSF. The projected 2018 NOI is $208,168,61with scheduled increases and a CAP rate of 9%. Pittsburgh Paint (PPG Industries) assumed all of the leases within this portfolio as a result of their purchase of Painter s Supply. As a $15 billion, Fortune 500 company, and global supplier of paints and specialty products, PPG Industries recent acquisition of Painter s Supply strengthens this investment portfolio. This portfolio offers an investor a rare opportunity to acquire two net leased assets in Connecticut. Each property is well maintained and located near or on main streets with excellent accessibility, visibility, demographics and ample parking. Properties are located within shopping locations and have easy access to major highways. DANBURY, CT WATERBURY, CT ABOUT PPG Industries (DBA, Pittsburgh Paint) Headquartered in Pittsburgh, PA, PPG Industries (NYSE: PPG) is ranked 183 on the Fortune 500 list (2017) and announced 2016 net sales of $15.178 billion. With approximately 47,000 employees worldwide and 156 manufacturing facilities in 70 countries, PPG Industries is the leading global coatings and specialty products company. Pittsburgh Paint is only one of PPG Architectural Coatings products. Other common products include; GLIDDEN, LIQUID NAILS, OLYMPIC Paints and Stains, PPG PITTSBURGH PAINTS, and MANOR HALL. They distribute their products globally and are available at all major home improvement centers including Lowe s, Home Depot and Walmart. Broker: Jon Angel President 203.335.6600. Ext. 21 jangel@angelcommercial.com ANGEL C O M M E R C I A L, L. L. C. Page 4

FOR SALE News Release Waterbury, CT 06704 PPG Acquires Painter s Supply News release taken from PPG Industries website 2014 PPG ACQUIRES CONNECTICUT-BASED ARCHITECTURAL PAINT DISTRIBUTOR PAINTER S SUPPLY PITTSBURGH, June 2, 2014 PPG Industries (NYSE:PPG) today announced that its North American architectural coatings business has acquired substantially all of the assets of Painter s Supply, an independent architectural paint distributor headquartered in Connecticut. Painter s Supply operates 10 locations in Connecticut and Massachusetts. Financial terms were not disclosed. The acquisition of Painter s Supply supports our dedication to our professional customers, said Scott Sinetar, PPG vice president, architectural coatings, North America. A fundamental part of our strategy is to expand distribution to professional painters and contractors. Independent dealers continue to be a key distribution channel for our business and our products, which is why we re investing more in our independent dealers now than ever before. However, when dealers are looking for a partner, PPG is constantly looking for ways to strengthen its network, Sinetar continued. PPG Architectural Coatings is an industry leader in residential and commercial coatings and products. The business produces paints, stains and specialty coatings marketed under well-recognized product lines such as the FLOOD, GLIDDEN, LIQUID NAILS, MANOR HALL, OLYMPIC, PPG PITTSBURGH PAINTS, PPG PORTER PAINTS, PPG Paints and SIKKENS brands. Its distribution network includes more than 900 company-owned stores in North America, more than 5,000 independent dealer locations and all major home improvement centers. PPG: BRINGING INNOVATION TO THE SURFACE. PPG Industries' vision is to continue to be the world s leading coatings and specialty materials company. Through leadership in innovation, sustainability and color, PPG helps customers in industrial, transportation, consumer products, and construction markets and aftermarkets to enhance more surfaces in more ways than does any other company. Founded in 1883, PPG has global headquarters in Pittsburgh and operates in nearly 70 countries around the world. Net sales in 2013 were $15.1 billion. PPG shares are traded on the New York Stock Exchange (symbol:ppg). For more information, visit www.ppg.com and follow @PPGIndustries on Twitter. Bringing innovation to the surface is a trademark of PPG Industries Ohio, Inc. FLOOD, GLIDDEN, LIQUID NAILS, MANOR HALL, OLYMPIC, PPG PITTSBURGH PAINTS and PPG PORTER PAINTS are registered trademarks of the PPG group of companies. SIKKENS is a registered trademark of AkzoNobel. Media: Mark Silvey PPG Corporate Communications 412-434-3046 Broker President 203.335.6600. Ext. 21 jangel@angelcommercial.com AN GEL COMMERCIAL, L.L.C. Page 5

FOR SALE Location Map Two Property Portfolio PPG Industries 2 WATERBURY, CT 1 DANBURY, CT 1 2 211 White Street, Danbury, CT 06810, Waterbury, CT 06704 Broker: Jon Angel President 203.335.6600. Ext. 21 jangel@angelcommercial.com AN GEL COMMERCIAL, L.L.C. Page 6

TOWN OVERVIEW Waterbury Connecticut 06704 Waterbury, CT Waterbury is a city in Connecticut on the Naugatuck River, 33 miles (45 minutes) southwest of Hartford and 77 miles (90 minutes) northeast of New York City. Waterbury is located in New Haven County, Connecticut. As of the 2010 census, Waterbury had a total population of 110,366, making it the 10th largest city in the New York Metropolitan Area, 9th largest city in New England and the 5th largest city in Connecticut Connecticut The city is located along Interstate 84 (Yankee Expressway) and Route 8 and has a Metro-North railroad station with connections to Grand Central Terminal. Waterbury is also home to Post University and the regional campuses of the University of Connecticut, University of Bridgeport, Western Connecticut State University as well as Naugatuck Valley Community College. Waterbury Although manufacturing remains the mainstay of the Waterbury economy, the city is working toward diversifying its industrial base. New areas include chemical research and services such as banking. Area analysts and real estate brokers consider Waterbury a major Northeast distribution and warehouse center because of its proximity to interstate highways and affordable real estate prices. The commercial/retail segment of the city s economic base has been substantially enhanced by the development of a large regional mall, and other sizable retail projects. New Haven County AN GEL COMMERCIAL, L.L.C. Page 7

FOR SALE Fact Sheet Waterbury, CT 06704 INVESTMENT OPPORTUNITY WITH A FORTUNE 500 COMPANY TENANT: 6,615 RSF one-story building on 0.67 acres for sale with ample parking. Renovated in 2011. Fully leased to single tenant, PPG Paints (formerly Painter s Supply) with corporate guarantee from Fortune 500 company. The projected 2018 NOI is $65,052.69 with a 9% CAP rate. Near top national retailers including Target, CVS, McDonald s, Sears, Subway, Dollar General, Starbucks, Radio Shack, AutoZone, Family Dollar, Kmart, Staples, 7 Eleven and TJ Maxx. Located less than 1 mile from Route 8, Exit 36. The Site Financial Information Total Building Size: 6,615 RSF CAP Rate: 9% Land: 0.67 acres Projected NOI: $65,052.69 (2018) Real Estate Taxes: Zoning: $24,753.18 (2017) IG Features Year Built: Construction: Stories: 1962, renovated in 2011 Masonry One Traffic Count: Parking: 8,000 Average Daily Traffic Volume Ample Tenancy: Occupancy: Single 100% Utilities Water/Sewer: City/City Heating: Gas Three Mile Demographics Population: 83,406 Median HH Income: $42,536 Five Mile Demographics Population: 146,394 Median HH Income: $50,206 Broker: Jon Angel President 203.335.6600. Ext. 21 jangel@angelcommercial.com AN GEL COMMERCIAL, L.L.C. Page 8

FOR SALE Neighborhood Map Waterbury, CT 06704 NEAR TOP NATIONAL RETAILERS INCLUDING: Retailer Distance (miles) Subway.5 Target 1.1 Starbucks 1.1 McDonald s 1.2 RadioShack 1.2 Aldi 1.4 7-Eleven 1.5 Burger King 1.5 CVS 1.6 AutoZone 1.8 Family Dollar 2.7 Staples 3.0 TJ Maxx 3.1 Kmart 3.3 Sears 3.3 Dollar General 4.2 REGIONAL RETAILERS INCLUDING: Stop & Shop 1.2 Ocean State Job Lot 2.8 Broker: Jon Angel President 203.335.6600. Ext. 21 jangel@angelcommercial.com AN GEL COMMERCIAL, L.L.C. Page 9

FOR SALE Parcel Map Waterbury, CT 06704 m256.43 d100 59+/- 121 4 3.98 Ac #1245 m154.4 d55 28 6.6 Ac # d56.19 m112.8 d79.33 5 1.13 Ac #1215 3 0.67 Ac #1225 m145.92 d152.11 d113.19 m125 d33.21 16.77 THOMASTON AVE m216.42 m35.94 80.55+/- d77.96 51 0.5 Ac #1230 d244.63 d99.15 24 2 0.76 Ac # d149+/- 149.16 25 0 50 100 Feet City of Waterbury Public Works Department MBL: ADDRESS: 0115-0024-0003 1225 THOMASTON AVE This map is for informational purposes only and has not been prepared for, or suitable for legal, engineering, or surveying purposes. Users of this information should review or consult the primary data and information sources to verify the usability of the information. The City of Waterbury makes no warranties, express or implied, as to the use of the information obtained herein. Broker: Jon Angel President 203.335.6600. Ext. 21 jangel@angelcommercial.com AN GEL COMMERCIAL, L.L.C. Page 10

WATERBURY, CT - GENERAL INDUSTRIAL DISTRICT (IG) CITY OF WATERBURY, CONNECTICUT ZONING REGULATIONS ARTICLE 4 PERMITTED USES Section 4.08 Master Use Table USE CATEGORIES RESIDENTIAL USES RS 12 RS RL RM RH RO CN CO CA CG CBD IG IL IP STANDARDS Single Family Residence Two/Three Family Residence * * * 10.02 Multi-Family Residence 10.02 Active Adult Housing SE SE SE SE SE SE SE SE 10.03 Residential Campus Development Planned Residential Conservation Development SE SE SE SE SE 10.04 SE SE SE SE SE 10.05 Group Living 10.06 Halfway Residences 10.07 Short-term Lodging * two family only, permitted in conjunction with a Planned Residential Conservation Development Zoning regulations provided herein are subject to change without notice. Please visit the City of Waterbury website to view current zoning regulations.. Page 11

IG Zoning Regulations City of Waterbury Connecticut CITY OF WATERBURY, CONNECTICUT ZONING REGULATIONS ARTICLE 4 PERMITTED USES USE CATEGORIES COMMERCIAL USES Mixed Use Planned Development RS 12 RS RL RM RH RO CN CO CA CG CBD IG IL IP STANDARDS 10.08 Retail Sales Package Store 10.09 Eating and Drinking Establishments Personal, Business and Repair Services Entertainment Uses Large Venue Event Facilities 10.10 Shopping Centers 10.11 Food Processing and Sales Adult Establishment 10.12 Recreation Uses Social Gathering Places Automobile and Marine Craft Trade Zoning regulations provided herein are subject to change without notice. Please visit the City of Waterbury website to view current zoning regulations.. Page 12

IG Zoning Regulations City of Waterbury Connecticut CITY OF WATERBURY, CONNECTICUT ZONING REGULATIONS ARTICLE 4 PERMITTED USES USE CATEGORIES Commercial Outdoor Recreation RS 12 RS RL RM RH RO CN CO CA CG CBD IG IL IP STANDARDS 10.13 Office Uses Medical Office General Purpose Hospital Campus SE SE SE SE SE SE SE SE SE SE SE SE SE SE 10.14 Inpatient Clinic Community Facilities Day Care Center Schools Business and Trade Schools Colleges or Universities SE SE SE SE SE SE SE SE SE SE SE SE SE SE 10.14 Religious Institutions 10.15 Essential Public Services Parks and Open Areas Kennel 10.23 Section 6-3 Office/Retail General Zone (OR-G) 6-3-1 Purpose: The purpose of the Office/Retail General (OR-G) Zone is to comply with the adopted Comprehensive Plan's recommendation for a zone to allow a mix of predominantly auto-accommodating commercial, office, and retail development and residential uses within the zone and within individual structures, in areas already predominantly developed for this use. The zone allows a full range of retail and service Zoning regulations provided herein are subject to change without notice. Please visit the City of Waterbury website to view current zoning regulations.. Page 13

IG Zoning Regulations City of Waterbury Connecticut CITY OF WATERBURY, CONNECTICUT ZONING REGULATIONS ARTICLE 4 PERMITTED USES USE CATEGORIES RS 12 RS RL RM RH RO CN CO CA CG CBD IG IL IP STANDARDS Veterinary Services Wind Energy Conversion Systems 10.25. Crematories 10.26 INDUSTRIAL USES Manufacturing and Processing Industrial Services Warehouse and Freight Handling Wholesale Trade Limited Vehicle Service Facilities 10.16 Agriculture Vehicle Service Facilities 10.16 Hazardous Industrial Operations Commercial Earth Excavation 10.24 10.17 Zoning regulations provided herein are subject to change without notice. Please visit the City of Waterbury website to view current zoning regulations.. Page 14

IG Zoning Regulations City of Waterbury Connecticut CITY OF WATERBURY, CONNECTICUT ZONING REGULATIONS ARTICLE 4 PERMITTED USES USE CATEGORIES RS 12 RS RL RM RH RO CN CO CA CG CBD IG IL IP STANDARDS Basic Utilities Passenger Terminals Commercial Parking Structure 10.19 Surface Parking Lot 10.19 Commercial Energy Generation and Storage Facilities Wireless Communications Facilities 10.20 Zoning regulations provided herein are subject to change without notice. Please visit the City of Waterbury website to view current zoning regulations.. Page 15

IG Zoning Regulations City of Waterbury Connecticut CITY OF WATERBURY, CONNECTICUT ZONING REGULATIONS ARTICLE 4 PERMITTED USES USE CATEGORIES CONDITIONAL ACCESSORY USES RS 12 RS RL RM RH RO CN CO CA CG CBD IG IL IP STANDARDS Home Occupation 10.21 Livestock and Poultry 10.22 Drive Through Service Outdoor Display Accessory Earth Material Excavation* 10.18 Temporary Structures, Short Term Temporary Structures, Long Term Temporary Event Accessory Packaged Alcohol sales Accessory Energy Facilities Accessory Wireless Facilities 10.09 * Removal of more than 500 cubic yards of earth materials per acre or a duration of more than two years requires Special Permit approval by the Zoning Commission Section 6-3 Office/Retail General Zone (OR-G) 6-3-1 Purpose: The purpose of the Office/Retail General (OR-G) Zone is to comply with the adopted Comprehensive Plan's recommendation for a zone to allow a mix of predominantly auto-accommodating commercial, office, and retail development and residential uses within the zone and within individual structures, in areas already predominantly developed for this use. The zone allows a full range of retail and service Zoning regulations provided herein are subject to change without notice. Please visit the City of Waterbury website to view current zoning regulations.. Page 16

CONFIDENTIALITY AGREEMENT THE TRUSTED SOURCE FOR COMMERCIAL REAL ESTATE Re: Two (2) Property Portfolio (herein Properties ) This will serve to confirm our agreement concerning certain material, data and Information (herein Evaluation Material ) which the Owner will make available to us for study in connection with a possible purchase by us of the Properties. The Owner is prepared to furnish us with the Evaluation Material in connection with discussions and negotiations concerning a possible transaction involving the Properties only on the conditions that we treat such Evaluation Material, discussions and negotiations, confidentially and confirm certain representations to you. Therefore as a prerequisite to The Owner furnishing the Evaluation Material to us, we hereby represent and agree as follows: The properties covered by this Confidentiality Agreement are defined below: OWNER PROPERTY 211 White Street, LLC H&S Olson of Waterbury, LLC 211 White Street Danbury, CT Waterbury, CT 1. The Evaluation Material furnished to us will be used by us solely for evaluating a possible transaction exclusively for our own account, as principal in the transaction, and not as a broker or agent for any other person. Therefore, we agree to keep all Evaluation Material strictly confidential; provided, however, that any such Evaluation Material may be disclosed to our directors, officers or employees, as well as our counsel, accounting firms and financial institutions who need to know such information for the purpose of assisting us with our possible purchase of the properties. Such directors, officers, lawyers, financial institutions and accountants shall be informed by us to treat such information with strict confidence. We agree not to copy or duplicate the Evaluation Material and to return the Evaluation Material to the Owner promptly if requested by owner. We agree that the Owner of the Properties will have no adequate remedy at law if we violate any of the terms of this Agreement. In such event, the Owner will have the right in addition to any other right the Owner may have, to seek injunctive relief to restrain any breach or threatened breach by us or specific enforcement of such terms. In addition, we agree that we will not disclose and we will direct our representatives who are given access to the Evaluation Material in accordance with the terms hereof, not to disclose to any person, the fact that the Evaluation Material in accordance with the terms hereof, not to disclose to any person, the fact that the Evaluation Material has been made available to us, that discussions or negotiations among us and the Owner are now taking place or will take place, or any of the terms, conditions or other facts with respect to the possible acquisition of the Properties. 2. Although the Owner has endeavored to include in the Evaluation Material information which they believe to be relevant for the purpose of helping us in our evaluation of the Properties for possible purchase, we understand and acknowledge that neither the Owner nor any of the respective affiliates or agents make any representation or warranty to us as to the accuracy or completeness of the Evaluation Material. We agree that the Owner, and their respective affiliates or agents shall not have any liability to us as a result of our use of the Evaluation Material and it is understood that we are expected to perform and are responsible for such due diligence investigations and inspections of the Properties, including investigation of any environmental conditions, as we deem necessary or desirable and as permitted by agreement with the Owner of the Properties. 3. We also represent that we have dealt with no other broker or agent other than Angel Commercial LLC in any discussions involving the Properties. 4. We agree to indemnify, defend and hold, the Owner and their respective affiliates harmless from and against all claims, loss, damages expense or liability (including reasonable attorney s fees) arising from the breach of any of the terms of this Agreement by us or our Representatives. Company: Name: Address: Title: City, State, Zip: Phone: Email: Date: By: Signature