RETAIL INVESTMENT OFFERING

BEECHMONT RETAIL CENTERC I N C I N N A T I , O H I O

BEECHMONT RETAIL CENTERC I N C I N N A T I , O H I O

INTRODUCTION100% Leased, Two-Tenant Retail PropertyJones Lang LaSalle is pleased to exclusively present for consideration the opportunity to invest in the Beechmont Retail Center (the “Property”), a 100 percent leased center consisting of two free standing buildings fully leased by Goodwill and John Deere on a long-term basis. The Property is situated next to a highly successful Lowe’s Home Improvement Center in the Beechmont area of southeast Cincinnati. The Property enjoys ideal frontage and prime visibility to more than 56,500 vehicles per day along I-275.

This location is one of the most active and successful Goodwill locations in Cincinnati and has been open since 2001. Ohio Valley Goodwill Industries recently renewed its lease through June 2025. John Deere Landscapes recently signed a new six year lease through November 2020.

ANCHOR TENANT AREA (SF) EXPIRATION YRS REM

Goodwill 24,000 6/2025 10.25

John Deere Landscapes 12,000 11/2020 5.50

TOTAL/WEIGHTED AVG: 36,000 SF 8.67 Yrs

Ohio

Pike

125

275

Commercial Drive

56,530 vpd

40,75

0 vpd

N

BEECHMONT RETAIL CENTER

BEECHMONT RETAIL CENTERC I N C I N N A T I , O H I O

TENANT SUMMARIES

John Deere Landscapes, LLCwww.johndeerelandscapes.com

Lease Term: 12/1/2014 – 11/30/2020 + (2) 5-Yr Options to Renew at MarketSize (RSF): 12,000 SFBase Rent: $60,000 ($5.00/SF), plus CPI increase during Years 3, 4, 5 and 6Recoveries: Pro Rata Share of Taxes and Maintenance (2015 Estimate - $1.40/SF)

With over $1 billion in annual revenue, John Deere Landscapes is the largest North American distributor of landscaping products sold primarily to professional landscape contractors for use in residential and commercial settings. Operating over 400 locations in the U.S. and Canada with approximately 2,000 employees, John Deere Landscapes distributes wholesale irrigation, landscape lighting, nursery, and turf and maintenance supplies. CD&R Operating Partner Paul Pressler serves as Chairman of the company.

Deere formed the landscapes business in 2001 when it purchased and merged wholesalers McGinnis Farms Inc. and Richton International Corp. The business later expanded with the acquisitions of United Green Mark and LESCO, Inc., in 2005 and 2007, respectively. Today, John Deere Landscapes is one of the largest U.S. wholesale suppliers of turf and ornamental agronomics, irrigation, outdoor lighting, nursery and landscape materials.

In October 2013, John Deere sold a 60 percent stake in the firm to private equity firm, Clayton, Dubilier & Rice LLC. Since its inception in 1978, CD&R has managed the investment of more than $18 billion in 56 U.S. and European businesses with an aggregate transaction value of more than $90 billion. John Deere has an “A” credit rating from S&P.

Ohio Valley Goodwill Industries Rehabilitation Center, Inc.www.cincinnatigoodwill.org

Lease Term: May 8, 2001 – June 30, 2025Size (RSF): 24,000 SFBase Rent: 7/15 – 6/21 - $265,080 ($11.05/SF) 7/21 – 6/25 - $278,340 ($11.60/SF)Recoveries: Gross plus a pro rata share of taxes over 2015 Base Year

Ohio Valley Goodwill helps thousands of individuals to find meaningful employment every year. As a member of Goodwill Industries International, they are a part of the world’s largest and most successful network providing employment and training services for people with disabilities and other barriers to employment.

Ohio Valley Goodwill Industries was founded in 1916 and is one of the largest providers of rehabilitation services in the State of Ohio with sales of $38 million in 2011 and close to $50 million in assets. With nearly 950 community employees, the total number of individuals served in 2013 was 3,173 with 43,001,075 pounds of donated material recycled. The amount of government assistance that was saved was $8,936,340 and the total economic impact was $72,656,716.

Since 1916, Ohio Valley Goodwill Industries has served men and women with disabilities throughout the Greater Cincinnati and Northern Kentucky region. Founded by Methodist minister Reverend Richard Scully, Ohio Valley Goodwill Industries initially served a variety of populations including those in poverty, individuals in need of vocational training, people with disabilities and families in need. With community support, Ohio Valley Goodwill generates revenue through three major business divisions to fund the mission.

■ Retail Stores – 15 convenient locations in the Greater Cincinnati area

■ Donations – 29 Attended Donation Centers (including stores)

■ Industrial Services – provides business services to area employers

KEY PROPERTY FACTS

Address 4051-4055 Commercial Dr., Cincinnati, OH

Total Gross Leasable Area 36,000 SF

Tenants Two

Condition Excellent

Leased 100%

Land Area 3.995 Acres

FINANCIAL HIGHLIGHTS

Terms

Asking Price $4,000,000

Sales Terms “As Is, Where Is” All Cash

Existing Debt No existing Assumable Debt

Year One In-Place NOI $281,505

Cap Rate 7%

BEECHMONT RETAIL CENTERC I N C I N N A T I , O H I O

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BEECHMONT RETAIL CENTERC I N C I N N A T I , O H I O

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LOCATION OVERVIEWWith a population of nearly 300,000, Cincinnati is the third largest city in Ohio and the 25th largest city in the United States, and serves as the county seat of Hamilton County, Ohio. Situated at the intersection of Ohio, Kentucky and Indiana, the region offers a great mix of low cost living, open rural spaces, cozy suburban life, a vibrant revitalized urban core, and everything in between. With business operating costs that are consistently ranked among the lowest in the nation – and a business climate that is consistently ranked at the top – Cincinnati offers more for the money than most large metropolitan areas.

Nine Fortune 500 companies and five Fortune 1000 companies have established their headquarters in Cincinnati which ranks the region among the nation’s top 10 markets for number of Fortune 500 headquarters per million residents, higher than New York, Boston, Chicago or Los Angeles. Business sectors which are driving significant economic activity in the area include advanced energy, advanced manufacturing, biohealth, consumer products and information technology.

Cincinnati is located with a 10 hour drive or 90 minute flight from 25 of the top U.S. metros and 52 percent of the nation’s manufacturing establishments. With access to distribution points, an abundance of critical resources and the latest technology, the region is brimming with opportunities to help businesses reach their full potential.

TOP TEN EMPLOYERS IN CINCINNATI

Company Employees

Kroger Company 20,948

University of Cincinnati 15,378

Cincinnati Children’s Hospital 14,954

TriHealth 11,400

City of Cincinnati 11,156

The Procter & Gamble Company 11,000

UC Health 10,000

GE Aviation 8,670

Mercy Health 8,210

St. Elizabeth Healthcare 7,270

Strong Business Environment ■ The current Cincinnati unemployment rate of 4.1% is well below the U.S.

rate of 5.5%.

■ Cincinnati is home to nine Fortune 500 companies, more per million residents than New York, Boston, Chicago or Los Angeles.

■ With tax costs 26.5% below the U.S. baseline, the city is ranked #1 in the U.S. and #7 of all international cities as having the most favorable tax structure for businesses.

■ The cost of living is 7.1% below the national average which places the city as the 3rd most affordable MSA by Forbes in 2014.

■ Cincinnati is within a one day drive to 25 major metro markets and within 600 miles of 43% of the nation’s population.

■ As one of the top 10 logistics hubs in the country, Cincinnati was named a “5 Star Logistics Metro” by Expansion Management Magazine.

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Beechmont Retail Center

BEECHMONT RETAIL CENTERC I N C I N N A T I , O H I O

LOCATION OVERVIEWBeechmont Retail Center is located on Commercial Drive and enjoys ideal frontage and prime visibility to more than 56,500 vehicles per day along I-275. The Property is situated next to a highly successful Lowe’s Home Improvement Center in the Beechmont area of southeast Cincinnati. The location offers prime accessibilty by virtue of its location near both I-275 and Ohio Pike 125 which are both major thoroughfares through the city and allow ease of navigation to all areas of the Cincinnati region.

DEMOGRAPHIC SNAPSHOT

1 Mile 3 Miles 5 Miles

2014 Population 9,516 51,381 109,881

Households 4,178 20,964 43,560

Average HH Income $65,887 $80,736 $87,245

Avg HH Income Annual Growth Rate 2.23% 2.17% 2.20%

Ohio

Pike

125

275

Commercial Drive

56,530 vpd

40,75

0 vpd

Beechmont Retail Center

N

BEECHMONT RETAIL CENTERC I N C I N N A T I , O H I O

BEECHMONT RETAIL CENTER CASH FLOWTenant Suite Lease Expir. Size (SF) Avg Monthly Rent Rent/SF Annual Base Revenues

Ohio Valley Goodwill Industries Rehabilitation Center A June-25 24,000 $22,643 $11.32 Gross $271,710

John Deere Landscapes LLC B November-20 12,000 $5,258 $5.26 Net Net $63,091

Gross Rental Income 36,000 $27,900 $334,801

% Occupied 100.0%

Goodwill RE Tax Recovery (1) 24,000 $0.14 $3,360

John Deere Additional Rent (2) 12,000 $1.37 $16,485

Total Gross Income $354,647

EXPENSES PSF 2015 Projection

Repairs & Maintenance/Snow Removal $0.50 $18,000

Insurance $0.10 $3,600

Real Estate Taxes $0.89 $31,956

Reserves for Replacements $0.15 $5,400

Management (4%) $0.39 $14,186

Total Expenses $2.03 $73,142

NET OPERATING INCOME $281,505

1. Goodwill is a gross lease except that tenant is responsible for its pro rata share of the increase in real estate taxes over the base year of the extended term (July 2015). We have calculated the average recovery over Goodwill’s 10-year term of approximately $.14/Sf. Landlord is responsible for all other operating expenses, plus HVAC, structural, roof and parking lot replacement.

2. John Deere’s additional rent includes Lessee’s pro rata share of taxes, maintenance for all landscaped areas and snow removal. Lessee is responsible for its own utilities and R&M (incl HVAC R&M but not replacement). Landlord is responsible for structural, roof, exterior walls, parking lot, replacement of HVAC.

OFFERING PROCESS AND TIMELINEOffers are being sought for the purchase of Beechmont Retail Center on an “as-is”,” “where-is” basis to qualified retail investors. The prospective purchaser will be selected by the Owner on the basis of: (i) price, (ii) financial strength, (iii) level of discretion to invest funds, and (iv) experience in closing similiar retail transactions. JLL will provide written notice when offers are due. No warranty of representation, express or implied, is made as to the accuracy of the information contained herein.

CONTACT INFORMATIONRebecca WellsExecutive Vice President+1 312 848 2048rebecca.wells@am.jll.com

Bill PoffenbergerExecutive Vice President+1 513 252 2107bill.poffenberger@am.jll.com

BEECHMONT RETAIL CENTERC I N C I N N A T I , O H I O