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Price: $9,309,000 - 5.50% CAP Rate

• Approximately 14 Years Remaining On Lease• Reported Store Sales in Excess of $5.9 Million• Average Household Income Over $87,000 – 5 miles

OFFERING MEMORANDUMWALGREENS, CHICAGO, ILLINOIS

Actual Location

Disclaimer

The information contained in this marketing brochure (“Materials”) isproprietary and confidential. It is intended to be reviewed only by theperson or entity receiving the Materials from TRG (“Agent”). The Materialsare intended to be used for the sole purpose of preliminary evaluation ofthe subject property/properties (“Property”) for potential purchase. TheMaterials have been prepared to provide unverified summary financial,property, and market information to a prospective purchaser to enable it toestablish a preliminary level of interest in potential purchase of theProperty. The Materials are not to be considered fact. The informationcontained in the Materials is not a substitute for thorough investigation ofthe financial, physical, and market conditions relating to the Property. Theinformation contained in the Materials has been obtained by Agent fromsources believed to be reliable; however, no representation or warranty ismade regarding the accuracy or completeness of the Materials. Agent makesno representation or warranty regarding the Property, including but notlimited to income, expenses, or financial performance (past, present, orfuture); size, square footage, condition, or quality of the land andimprovements; presence or absence of contaminating substances (PCB’s,asbestos, mold, etc.); compliance with laws and regulations (local, state, andfederal); or, financial condition or business prospects of any tenant (tenants’intentions regarding continued occupancy, payment of rent, etc). Aprospective purchaser must independently investigate and verify all of theinformation set forth in the Materials. A prospective purchaser is solelyresponsible for any and all costs and expenses incurred in reviewing theMaterials and/or investigating and evaluating the Property. By receiving theMaterials you are agreeing to the Confidentiality and Disclaimer set forthherein.

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Offered Exclusively By:

Gregory A. Cortesegacortese@theroystongroup.comDirect Dial: 310.395.3551CA RE License #00757153

The Royston Group11661 San Vicente Blvd., Suite 707Los Angeles, CA 90049

Property Information

LOCATION:

The subject property is located at 4010 W. LawrenceAvenue in Chicago, IL on the signalized corner of W.Lawrence and Pulaski. National retailers in theimmediate area include Chase, Starbucks, Fifth ThirdBank, Petco, Mattress Firm and many other national andregional retailers. Daily traffic counts in the area are inexcess of 19,000 cars per day on Lawrence Avenue and18,300 cars per day on Pulaski Road.

LOT SIZE:

Approximately .95 acres.

IMPROVEMENTS:

The improvements consist of a 14,550 square footpharmacy with drive thru. The property wasconstructed in 2007 and has parking for 40 cars.

STORE SALES:

2017: $5,905,161 2015: $5,900,334

2016: $5,997,072 2014: $6,465,289

Purchase Price: $9,309,000 (5.50% Cap)

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The information set forth herein has been received by us from sources we believe to be reliable, but we have made no independent investigation of the accuracy or completeness of the information and make no

representation with respect thereto. The above is submitted subject to errors, prior sale or lease, change in status or withdrawal without notice.

NET ANNUAL INCOME:

Years 1 – 25 $512,000

Years 26- 30 1st option $540,950

Years 31 – 35 2nd option $572,795

Years 36 – 40 3rd option $607,825

Years 41 – 45 4th option $646,357

Years 46 – 50 5th option $668,743

LEASE:

Leased to Walgreens for 25 years commencing inJanuary 1, 2007 and expiring on December 31, 2032.The tenant is responsible for taxes, insurance andmaintenance including the roof, walls, foundation andparking lot. There are five 5 year options to renew atthe same terms and conditions with rent increases.

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About the Area

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The information set forth herein has been received by us from sources we believe to be reliable, but we have made no independent investigation of the accuracy or completeness of the information and make no

representation with respect thereto. The above is submitted subject to errors, prior sale or lease, change in status or withdrawal without notice.

Chicago is one of the largest cities in the United States. At a 2017 estimate population of 2,716,450, it is the third mostpopulous city in the United States, and the most populous city in both the state of Illinois and the United StatesMidwest. It is the county seat of Cook County. The Chicago metropolitan area, often referred to as Chicagoland, hasnearly 10 million people and is the third-largest in the United States and fourth largest in North America. It is thebirthplace of the skyscraper and considered the most influential architectural city of the 20th century. Chicago saw thecreation of the first standardized futures contracts at the Chicago Board of Trade; today its successor has evolved intothe largest and most diverse derivatives market in the world, generating 20% of all volume in commodities and financialfutures.

Chicago has the third-largest gross metropolitan product in the United States—about $670.5 billion according toSeptember 2017 estimates. The city has also been rated as having the most balanced economy in the United States, dueto its high level of diversification.

Part of the larger Albany Park community area, Mayfair is a neighborhood that is typically defined by its diversity and itsabundance of Historic Chicago Bungalows, a fact that played a significant role in getting North Mayfair added to theNational Register of Historic Places in 2006. Mayfair's "close-knit, family appeal and neighborly character," as well as itsstrong housing stock, helped the area get voted "The Best Place for Bungalows and First-Time Buyers" by This Old Housemagazine in 2010.

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Tenant Information

Walgreens Boots Alliance, Inc. operates as a pharmacy-led health and wellbeing company. Itoperates through three segments: Retail Pharmacy USA, Retail Pharmacy International, andPharmaceutical Wholesale. The Retail Pharmacy USA segment sells prescription drugs andan assortment of general merchandise, including non-prescription drugs, beauty products,photo finishing, seasonal merchandise, greeting cards, and convenience foods through itsretail drugstores and convenient care clinics. It also provides specialty pharmacy services;and manages in-store clinics.

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The information set forth herein has been received by us from sources we believe to be reliable, but we have made no independent investigation of the accuracy or completeness of the information and make no

representation with respect thereto. The above is submitted subject to errors, prior sale or lease, change in status or withdrawal without notice.

As of August 31, 2016, this segment operated 8,175 retail stores under the Walgreens and Duane Reade brands in theUnited States; and 7 specialty pharmacies, as well as approximately 400 in-store clinic locations.

This segment operated 4,673 retail stores under the Boots, Benavides, and Ahumada in the United Kingdom, Thailand,Norway, the Republic of Ireland, the Netherlands, Mexico, and Chile; and 636 optical practices. Walgreens Boots Alliance,Inc. was founded in 1901 and is based in Deerfield, Illinois.

REVENUES FYE 8-2017 $118 BILLION FYE 8-2016 $117 BILLION

NET INCOME FYE 8-2017 $4.07 BILLION FYE 8-2016 $4.17 BILLION

STOCKHOLDER EQUITY FYE 8-2017 $27.4 BILLION FYE 8-2016 $29.8 BILLION

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Lawrence Avenue – 19,000 cars per day

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Subject Location

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Subject Location

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Subject Location

Population 57,070 427,676 1,174,279

Households 18,995 158,002 466,857

Average Household Income $73,158 $84,834 $87,185

Lawrence Avenue 19,000 cars per day

Pulasksi Road 18,300 cars per day

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Demographics

Income

Traffic Count – Cars Per Day

The information set forth herein has been received by us from sources we believe to be reliable, but we have made no independent investigation of the accuracy or completeness of the information and make no

representation with respect thereto. The above is submitted subject to errors, prior sale or lease, change in status or withdrawal without notice.

2018 Population Summary 1 mile 3 mile 5 mile

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Gregory A. Cortesegacortese@theroystongroup.comDirect Dial: 310.395.3551CA RE License #00757153