net lease property for sale

www.bouldergroup.com

NET LEASED INVESTMENT OFFERINGNET LEASED INVESTMENT OFFERINGNET LEASED INVESTMENT OFFERINGNET LEASED INVESTMENT OFFERING

Advance Auto PartsAdvance Auto PartsAdvance Auto PartsAdvance Auto Parts

SEC Illinois Highway 113 & Berta RoadSEC Illinois Highway 113 & Berta RoadSEC Illinois Highway 113 & Berta RoadSEC Illinois Highway 113 & Berta Road DiamondDiamondDiamondDiamond,,,, ILILILIL 60416 (Chicago MSA)60416 (Chicago MSA)60416 (Chicago MSA)60416 (Chicago MSA)

NET LEASED INVESTMENT OFFERING


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Confidentiality & Disclaimer

Executive Summary

Property Overview

Site Plan

Overall Site Plan

Map

Tenant Profile

Demographic Comparison Report

Location Overview

Contact Information

TABLE OF CONTENTS

TABLE OF CONTENTSTABLE OF CONTENTSTABLE OF CONTENTSTABLE OF CONTENTS



The information contained in the following Offering Memorandum is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from The Boulder Group and should not be made available to any other person or entity without the written consent of The Boulder Group. This Offering Memorandum has been prepared to provide summary, unverified information to prospective purchasers, and to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation. The Boulder Group has not made any investigation, and makes no warranty or representation. The information contained in this Offering Memorandum has been obtained from sources we believe to be reliable; however, The Boulder Group has not verified, and will not verify, any of the information contained herein, nor has The Boulder Group conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All potential buyers must take appropriate measures to verify all of the information set forth herein.

CONFIDENTIALITY & DISCLAIMER

CONCONCONCONFIDENTIALITY & DISCLAIMERFIDENTIALITY & DISCLAIMERFIDENTIALITY & DISCLAIMERFIDENTIALITY & DISCLAIMER



The Boulder Group is pleased to exclusively market for sale a new construction single tenant net leased Advance Auto Parts property located in the Chicago MSA. The 6,125 square foot Advance Auto Parts is currently under construction and is expected to open in December 2012. The property is located in the primary retail area along the most heavily trafficked roadway in Diamond. Diamond is located 60 miles southwest of downtown Chicago and residents achieve average household incomes of $70,000 within five miles of the property.

The property is located along Illinois Highway 113, the primary thoroughfare in the area. Illinois Route 113 has a full access interchange with Interstate 55 approximately one and one-half miles away. Interstate 55 experiences traffic volumes in excess of 35,000 vehicles per day. The property is positioned adjacent to a relocation of a top performing Dollar General (#1 in its region). Additionally the property is an outparcel to Berta Crossings, a recently constructed retail center. Other nearby retailers include Ace Hardware, McDonald’s, Subway, BP Gas Station, Standard Bank and Trust, and Verizon Wireless.

Advance Auto Parts primary lease term is for 15 years and is estimated to commence in December 2012. The lease has three 5-year renewal options with rental escalations. Advance Auto Parts is a publicly traded company on the New York Stock Exchange (AAP), with a market capitalization of $5 billion. Advance Auto Parts is an investment grade company with a Standard & Poor’s rating of BBB-.

• Located within the Chicago MSA

• Investment grade tenant (S&P: BBB-)

• Brand new construction

• Long term lease with 15 years remaining upon commencement

• Close proximity to Interstate 55 (35,000 VPD)

• Positioned on the most heavily trafficked roadway in the area

• Advance Auto Parts is a leader in the auto parts sector

INVESTMENT HIGHLIGHTS

EXECUTIVE SUMMARY

EXECUTIVE SUMMARYEXECUTIVE SUMMARYEXECUTIVE SUMMARYEXECUTIVE SUMMARY



Price: $1,711,397

Cap Rate: 6.80%

Rent Schedule: NOI Escalation Date

$ 116,375 12/12/2012 to 12/11/2027

$ 128,012 12/12/2027 (Option 1)

$ 137,629 12/12/2032 (Option 2)

$ 147,919 12/12/2037 (Option 3)

Renewal Options: Three 5-Year

Lease Commencement Date: December 12, 2012 (estimated)

Lease Expiration Date: December 11, 2027

Tenant: Advance Auto Parts

Credit Rating: BBB- (Standard & Poor’s)

Year Built 2012

Lease Type: NN

Rentable Square Feet: 6,125 SF

Land Size: 28,498 SF

Parking Spaces: 28

PROPERTY OVERVIEW

PROPERTY OVERVIEWPROPERTY OVERVIEWPROPERTY OVERVIEWPROPERTY OVERVIEW



SITE PLANSITE PLANSITE PLANSITE PLAN

SITE PLAN



OVERALL SITE PLAN

OVERALL OVERALL OVERALL OVERALL SITE PLANSITE PLANSITE PLANSITE PLAN



MAP

MAPMAPMAPMAP



Website: www.advanceautoparts.com

Number of Locations: 3,682

Stock Symbol: AAP : NYSE

Standard & Poor’s Rating: BBB-

Market Capitalization: $5 billion

Employees: 55,000

Advance Auto Parts (NYSE: AAP) is a leading automotive aftermarket retailer in the United States based off both sales and store count. Advance Auto Parts sells automotive parts, accessories, batteries and other maintenance items. Currently, Advance Auto Parts is a Fortune 500 Company and is ranked #392. Advance Auto Parts is headquartered in Roanoke, Virginia and operates more than 3,682 stores across 39 states, Puerto Rico and the Virgin Islands. As of April 2012, Advance Auto Parts occupies over 26 million square feet of space on a retail basis. Advance Auto Part's International unit operates more than 190 locations and primarily serves commercial customers, including garages, service stations, and auto dealers. Commercial customers account for about 30% of AAP's revenues while do-it-yourselfers generate the balance.

TENANT PROFILE

TENANT PROFILETENANT PROFILETENANT PROFILETENANT PROFILE



PopulationPopulationPopulationPopulation 5555----mi.mi.mi.mi. 10101010----mimimimi 15151515----mimimimi

Total Population 19,539 54,082 94,508 Total Households 7,361 20,470 34,681

IncomeIncomeIncomeIncome

Median Household Income $65,794 $65,328 $70,138 Average Household Income $71,800 $70,812 $77,095

DEMOGRAPHIC COMPARISON REPORT

DEMOGRAPHIC COMPARISON REPORTDEMOGRAPHIC COMPARISON REPORTDEMOGRAPHIC COMPARISON REPORTDEMOGRAPHIC COMPARISON REPORT

DiamondDiamondDiamondDiamond is located in Grundy County, Illinois. At the time of the 2010 U.S. Census,

Diamond had a population in 2,527. Grundy County, at the time of the 2010 U.S.

Census, had a population of 50,063. Diamond is located just south of Interstate 80

along the I

western suburbs. Diamond residents enjoy the shopping of regional shops and malls

in Bolingbrook and Oakbrook, the cultural interests of downtown Chicago and the rest

and relaxation of smal

The largest employers in Grundy County include Excelon, NewBerg/Perni

Webster, Morris Hospital, Equistar Chemical, Wal

The metro is also a major financial center in North America, and is homeUnited States, the CME Group. Chicago is third in the world on the Global Financial Centers Index which ranks the competitiveness of financial centers based on people, business environment, market access, infrastructgeneral competitiveness.

www.cityofchicago.com

Chicago Chicago Chicago Chicago is the most populous city in the Midwestern United States and the third most

populous city in the United States with 2,700,000 residents. Chicago is the county

seat of Cook County, the second largest county in the United States. The Chicago

MSA is the third most populated metropolitan area in the United States with

9,580,567 reside

Chicago metropolitan area is home to the corporate headquarters of 57 Fortune

1000 companies, including Boeing, McDonald's, Motorola, Discover Financial

Services and United Airlines. Chicago

and infrastructure and O'Hare International Airport is the second busiest airport in the



LOCATION OVERVIEW

LOCATION OVERVIEWLOCATION OVERVIEWLOCATION OVERVIEWLOCATION OVERVIEW

is located in Grundy County, Illinois. At the time of the 2010 U.S. Census,



along the I-55 Corridor, making Diamond conveniently located at the doorstep of the



and relaxation of small town living.

The largest employers in Grundy County include Excelon, NewBerg/Perni

Webster, Morris Hospital, Equistar Chemical, Wal-Mart and Alcoa.

The metro is also a major financial center in North America, and is home to the largest futures exchange in the United States, the CME Group. Chicago is third in the world on the Global Financial Centers Index which ranks the competitiveness of financial centers based on people, business environment, market access, infrastruct

is the most populous city in the Midwestern United States and the third most




9,580,567 residents. The MSA covers over 1,300 square miles and six counties. The



Services and United Airlines. Chicago is a major hub for industry, telecommunications


LOCATION OVERVIEW

is located in Grundy County, Illinois. At the time of the 2010 U.S. Census,



rridor, making Diamond conveniently located at the doorstep of the



The largest employers in Grundy County include Excelon, NewBerg/Perni-Stone &

Mart and Alcoa.

to the largest futures exchange in the United States, the CME Group. Chicago is third in the world on the Global Financial Centers Index which ranks the competitiveness of financial centers based on people, business environment, market access, infrastructure and

is the most populous city in the Midwestern United States and the third most




nts. The MSA covers over 1,300 square miles and six counties. The



is a major hub for industry, telecommunications




666 Dundee Road Suite 1801 Northbrook, IL 60062

Randy Blankstein President 847.562.0003 [email protected]

Jimmy Goodman Partner 847.562.8500 [email protected]

CONTACT INFORMATION

CONTACT INFORMATIONCONTACT INFORMATIONCONTACT INFORMATIONCONTACT INFORMATION

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