Phone: 212.686.0072Fax: 212.686.0078rob@exp1031.comwww.exp1031.com

Price: $2,737,168 | NNN Rent: $171,073 | CAP: 6.25%ExclusiveOffering

This information has been obtained from sources deemed reliable, however EXP Realty Advisors does not guarantee, warranty or represent its accuracy.It is the Purchaser’s responsibility to independently confirm the accuracy and completeness of the information contained herein.

Wells Fargo Commercial Condo

108 Mill Plain Rd, Danbury, CT 06811

❖ Low rent and high deposits in custom built bank building

❖Wells Fargo Bank, N.A. | S&P Rating: “A” Investment Grade

❖ Over $261 million in deposits at this location, a 7.41% increase from previous year

❖ 2% annual rental escalations

❖Wells Fargo Bank offered to purchase the property which was developed by Commerce Bank

❖ Trader Joe’s, Rite Aid, Staples, Designer Shoe Warehouse, & Mobile are across the street

❖ Average Household Income in 3 miles is $107,912

❖ Fast-growing submarket | 7.87% growth in population between 2010 and 2016 projected in 3 miles

❖ Brand new roof, HVAC unit, and state of the art energy management system

Subject Property

Wells Fargo

Bank Sales Comps in Connecticut and Rent Comps within 30 Miles

Comparable Sales and RentsThis information has been obtained from sources deemed reliable, however EXP Realty Advisors does not guarantee, warranty or represent its accuracy.It is the Purchaser’s responsibility to independently confirm the accuracy and completeness of the information contained herein.

Property Name Property Address Property City State NNN Rent PSF 2016 Deposits

Wells Fargo 108 Mill Plain Rd Danbury CT 31.21 262

Union Savings Bank 169 Danbury Rd New Millford CT 38.00 47

Santander Bank 105 Meriden Rd Waterbury CT 37.50 36

People's United Bank 1790 Post Rd Westport CT 35.00 153

People's United Bank 125 Danbury Rd Ridgefield CT 64.00 71

People's United Bank 14 Mamaroneck Ave White Plains NY 70.00 107

People's United Bank 5 River Rd Wilton CT 45.00 72

Citibank 33 Broad Street Stamford CT 50.00 685

Chase Bank 516 West Ave Norwalk CT 40.00 4

Low Rent, Strong Deposits and High Cap Rate(see table)

Wells Fargo

Investment Overview

PROPERTYOVERVIEW:EXP Realty Advisors exclusively presents for sale a triple net Wells Fargo Bank, which occupies 5,481 SF on the ground floor of a 22,065 SF multi-tenant office building. Wells Fargo currently has over $261,855,000 in deposits at this location, and the bank recently offered to purchase thebranch showing their commitment to the location. The rent is low at $31.21 psf especially given that the deposits are some of the highest in theentire WF system. The premises was originally constructed as a single tenant bank building with bank offices and retail branch 25 years ago.Current lease expired in 2016 and was extended by 7 years with one five year option by amendment. Rent escalates 2% each year in the base termand options. The double drive-thru teller is attached and located under the 2nd floor of the building, which gives Wells Fargo a freestandingfootprint. The building also has a brand new roof, new HVAC unit exclusive to Wells Fargo, and state of the art EMS (energy management system)as well as super high speed fiber connectivity serving Wells and the equity trading industry tenants occupying the upper floors.

The property is conveniently situated on Danbury’s West side with easy access to Exit 2 on Interstate-84, which has traffic counts of 73,700 VPD.The building is close to the border with New York State drawing business from both states. Across the street is a shopping center anchored byTrader Joe’s, which also includes Rite Aid, Staples and Designer Shoe Warehouse, and has outparcels leased by Starbucks, Pet Value, and Mobil.The property is located near the intersection of Route 6 and Route 202 on Exit 2 of Interstate I-84. There is a stop light in front of the building at thesignalized intersection of Mill Plain Road and Prindle Lane.

LOCATIONOVERVIEW:Danbury is a city in northern Fairfield County, Connecticut, approximately 70 miles from New York City. Danbury is the fourth most populous city inFairfield County, and seventh among Connecticut cities. Fairfield County’s Gold Coast helped rank it sixth in the US in per-capita personal incomeby the Bureau of Economic Analysis in 2005, Connecticut is one of the most affluent states in the US. Fairfield County also has one of the largestconcentration of hedge fund and multinational companies in the country. Danbury is home to Danbury Hospital, a 371-bed hospital; WesternConnecticut State University, which has more than 34,000 students enrolled; Danbury Fair Mall, the second largest shopping mall in Connecticut aswell as the fifth largest in New England; and Danbury Municipal Airport, a public use general aviation airport.

LEASE SUMMARY:Lease Expiration Date: 12/31/2023NNN Rent (as of 01/01/2018): $171,073 (31.21 PSF) Note most banks pay considerably more rent than this (see page 2)Escalations: 2% Annual Rental EscalationsOptions: 1 (5) Year OptionEscalations in Options: 2% Rental Escalations per OptionLeaseType: Commercial Condo*

*The owner of the office building performs all common area maintenance and bills all the tenants, including Wells Fargo directly, which makes this a passive ownership opportunity for an investor. NO LANDLORD RESPONSIBILITIES.

TENANT OVERVIEW: Wells Fargo Bank, N.A.| NYSE: WFC| S&P Rating: A Investment GradeWells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with $1.9 trillion in assets. Founded in 1852,Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial financial services through more than 8,600locations, 13,000 ATMs, online (wellsfargo.com), and mobile devices. Headquartered in San Francisco, but decentralized in every way, WellsFargo does business with 70 million customers and on in three households. Wells Fargo has approximately 269,000 team members in 42countries and territories across its more than 90 businesses. At the end of fourth quarter 2016, Wells Fargo ranked third in assets among U.S.banks.

INVESTMENT SUMMARY

Price: $2,737,168

CAP Rate: 6.25%

NNN Rent: $171,073

GLA: 5,481 sf

Lease Type: Triple NetCommercial Condo

Escalations: 2% annually

Deposits: $261,855,000(highest in the market and growing)

INVESTMENTOVERVIEWThis information has been obtained from sources deemed reliable, however EXP Realty Advisors does not guarantee, warranty or represent its accuracy.It is the Purchaser’s responsibility to independently confirm the accuracy and completeness of the information contained herein.

Wells Fargo

Competition Aerial

AERIAL

$261 mm in deposits

This information has been obtained from sources deemed reliable, however EXP Realty Advisors does not guarantee, warranty or represent its accuracy.It is the Purchaser’s responsibility to independently confirm the accuracy and completeness of the information contained herein.

$75 mm in deposits

$90 mm in deposits

$39 mmin deposits

*

*

*

Bank is located on ground floor of an office building.

*

Wells Fargo

Branch Deposits History

LOCATIONMAPThis information has been obtained from sources deemed reliable, however EXP Realty Advisors does not guarantee, warranty or represent its accuracy.It is the Purchaser’s responsibility to independently confirm the accuracy and completeness of the information contained herein.

Subject Property's Recent Deposit Growth

Year Total Deposits Increase

2016 $261,855,000 7.41%

2015 $243,788,000 5.77%

2014 $230,497,000

Rent Schedule

Lease Period (Dates) Annual Rent

01/01/17 - 12/31/17 $167,719*

01/01/18 - 12/31/18 $171,073

01/01/19 - 12/31/19 $174,494

01/01/20 - 12/31/20 $177,984

01/01/21 - 12/31/21 $181,544

01/01/22 - 12/31/22 $185,175

01/01/23 - 12/31/23 $188,878

Renewal Options

Lease Period (Dates) Annual Rent

01/01/24 - 12/31/24 $192,656

01/01/25 - 12/31/25 $196,509

01/01/26 - 12/31/26 $200,439

01/01/27 - 12/31/27 $204,448

01/01/28 - 12/31/28 $208,537

*Seller will credit the difference between current and escalated rent as of closing.

Wells Fargo

Competition Aerial

AERIAL

SANDVIK

PUBLISHING

HARDWARE

DESIGNERS

This information has been obtained from sources deemed reliable, however EXP Realty Advisors does not guarantee, warranty or represent its accuracy.It is the Purchaser’s responsibility to independently confirm the accuracy and completeness of the information contained herein.

Wells Fargo

Competition Aerial

AERIALThis information has been obtained from sources deemed reliable, however EXP Realty Advisors does not guarantee, warranty or represent its accuracy.It is the Purchaser’s responsibility to independently confirm the accuracy and completeness of the information contained herein.

Wells Fargo

Property Photo

PROPERTY PHOTOThis information has been obtained from sources deemed reliable, however EXP Realty Advisors does not guarantee, warranty or represent its accuracy.It is the Purchaser’s responsibility to independently confirm the accuracy and completeness of the information contained herein.

DOUBLE

DRIVE-THRU

Wells Fargo

Property Photo

PROPERTY PHOTOThis information has been obtained from sources deemed reliable, however EXP Realty Advisors does not guarantee, warranty or represent its accuracy.It is the Purchaser’s responsibility to independently confirm the accuracy and completeness of the information contained herein.

Wells Fargo

Parcel Map

PROPERTY PHOTOThis information has been obtained from sources deemed reliable, however EXP Realty Advisors does not guarantee, warranty or represent its accuracy.It is the Purchaser’s responsibility to independently confirm the accuracy and completeness of the information contained herein.

Wells Fargo

Location Map

PROPERTY PHOTOThis information has been obtained from sources deemed reliable, however EXP Realty Advisors does not guarantee, warranty or represent its accuracy.It is the Purchaser’s responsibility to independently confirm the accuracy and completeness of the information contained herein.

Wells Fargo

Demographic Data

Radius 3 Mile 5 Mile 10 MilePopulation:

2021 Projection 32,037 99,340 242,0742016 Estimate 31,036 97,106 237,3872010 Census 28,930 94,034 231,016Growth 2016-2021 3.23% 2.30% 1.97%Growth 2010-2016 7.28% 3.27% 2.76%2016 Population Hispanic Origin 7,065 22,932 35,990

2016 Population by Race:White 24,515 78,992 207,692Black 2,738 7,748 11,181Am. Indian & Alaskan 225 670 1,007Asian 2,603 6,747 12,347Hawaiian & Pacific Island 37 115 185Other 918 2,833 4,975

U.S. Armed Forces: 15 32 89Households:

2021 Projection 11,333 34,928 87,0012016 Estimate 10,944 34,118 85,2902010 Census 10,041 33,000 82,996Growth 2016 - 2021 3.55% 2.37% 2.01%Growth 2010 - 2016 8.99% 3.39% 2.76%Owner Occupied 7,587 22,573 65,201Renter Occupied 3,357 11,545 20,089

2016 Avg Household Income $107,912 $98,981 $118,5722016 Med Household Income $80,411 $75,346 $92,3352016 Households by Household Inc:

<$25,000 1,349 5,234 10,109$25,000 - $50,000 1,979 5,954 12,458$50,000 - $75,000 1,859 5,810 12,346$75,000 - $100,000 1,312 4,405 11,151$100,000 - $125,000 1,321 3,718 9,634$125,000 - $150,000 911 2,840 7,160$150,000 - $200,000 778 2,880 9,438

Contact Us

EXP Realty Advisors52 Vanderbilt Ave

Suite 2014New York, NY 10017www.exp1031.com

Our Team

Robert JamesPresident

Phone: (212) 686-0072E-mail: rob@exp1031.com

Daniel de Sa‘Director of Sales

Phone: (212) 972-3947E-mail: dan@exp1031.com

PROPERTY PHOTOThis information has been obtained from sources deemed reliable, however EXP Realty Advisors does not guarantee, warranty or represent its accuracy.It is the Purchaser’s responsibility to independently confirm the accuracy and completeness of the information contained herein.