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Actual Site SINGLE TENANT ___________________ BOILINGBROOK ILLINOIS ABSOLUTE NNN INVESTMENT OPPORTUNITY

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Actual Site

SINGLETENANT

___________________

BOILINGBROOKILLINOIS

ABSOLUTE NNNINVESTMENT OPPORTUNITY

Actual Site

EXCLUSIVELY MARKETED BY

PATRICK R. LUTHER, CCIM | MANAGING PRINCIPALSRS NATIONAL NET LEASE GROUP

610 Newport Center Drive, Suite 1500 | Newport Beach, CA 92660DL: 949.698.1115 | M: 480.221.4221

[email protected] | CA License No. 01209944

MATTHEW MOUSAVI | MANAGING PRINCIPALSRS NATIONAL NET LEASE GROUP

610 Newport Center Drive, Suite 1500 | Newport Beach, CA 92660DL: 949.698.1116 | M: 714.404.8849

[email protected] | CA License No. 01732226

SEAN LUTZ | SENIOR VICE PRESIDENTSRS NATIONAL NET LEASE GROUP

155 N. Wacker Drive, Suite 3660 | Chicago, IL 60606DL: 312.279.5345

[email protected] | IL License No. 475132482

DAN ELLIOT | SENIOR VICE PRESIDENTSRS NATIONAL NET LEASE GROUP

155 N. Wacker Drive, Suite 3660 | Chicago, IL 60606DL: 312.279.5342

[email protected] | IL License No. 475144985

Actual Site

Actual Site

5INVESTMENT SUMMARY

INVESTMENT HIGHLIGHTS

7PROPERTY OVERVIEW

PARCEL MAPAERIALS

SITE PLAN LOCATION MAP

12AREA OVERVIEW

CITY OVERVIEWDEMOGRAPHICS

14FINANCIALS

RENT ROLL PRICING SUMMARY

BRAND PROFILE

This Offering Memorandum has been prepared by SRS National Net Lease Group (SRS) and has been approved for distribution by the owner. Although effort has been made to provide accurate information, neither the owner nor SRS can warrant or represent accuracy or completeness of the materials presented herein or in any other written or oral communications transmitted or made available to the purchaser. Many documents have been referred to in summary form and these summaries do not purport to represent or constitute a legal analysis of the contents of the applicable documents. Neither owner nor SRS represents that this offering summary is all inclusive or contains all of the information a purchaser may require. All of the financial projections and/or conclusions presented herein are provided strictly for reference purposes and have been developed based upon assumptions and conditions in effect at the time the evaluations were undertaken. They do not purport to reflect changes in the economic performance of the property or the business activities of the owner since the date of preparation of this Offering Memorandum. The projected economic performance of the property, competitive submarket conditions, and selected economic and demographic statistics may have changed subsequent to the preparation of the package. Qualified purchasers are urged to inspect the property and undertake their own independent evaluation of the property, the market and the surrounding competitive environment.

INVESTMENT SUMMARY OFFERING

PROPERTY SPECIFICATIONS

Actual Site

5 / GOLDEN CORRAL / BOILINGBROOK, ILLINOIS INVESTMENT SUMMARY / SRS NATIONAL NET LEASE GROUP

SRS National Net Lease Group is pleased to present the rare opportunity to acquire the fee simple interest in Golden Corral, an absolute NNN leased, investment property located in Boilingbrook, IL. The tenant, Golden Corral, will execute a brand new 10 year sale leaseback at the close of escrow. The lease features annual 1.50% rental increases throughout the term with 5 (5-year) options to extend. The lease is franchisee guaranteed by an experienced 8-unit operator and is absolute NNN with zero landlord responsibilities.

The subject site is located near the signalized, hard corner intersection of Remington Boulevard and Brookview Lane (36,500 cars per day) with excellent visibility and access. This particular location just completed a recent $200,000 remodel which was completed in June 2017. Additionally, the site is only 2 blocks or 0.2 miles from Interstate 55 (125,400 cars per day) with direct on/off-ramp access. Golden Corral is adjacent to ALDI and benefits from other nearby national/credit tenants that include Walmart, Walgreens, Dollar Tree, and more, further increasing consumer traffic and crossover shopping to the trade area. The 5-mile trade area is supported by a dense population of approximately 176,000 with an affluent average household income of $109,000.

PRICING: $4,343,000

NET OPERATING INCOME: $304,000

CAP RATE: 7.00%

GUARANTY: Franchisee - (Experienced 8 Unit Operator)

LEASE TYPE: Abs. NNN

LANDLORD RESPONSIBILITIES: None

RENTABLE AREA: 10,467 SF

LAND AREA: 2.26 Acres

PROPERTY ADDRESS: 381 Brookview Lane, Bolingbrook, IL 60440

YEAR BUILT / REMODELED: 2001 / 2017

PARCEL NUMBER: 12-02-15-401-016-0000

OWNERSHIP: Fee Simple (Land and Building)

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INVESTMENT HIGHLIGHTS

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6 / GOLDEN CORRAL / BOILINGBROOK, ILLINOIS INVESTMENT HIGHLIGHTS / SRS NATIONAL NET LEASE GROUP

BRAND NEW 10 YEAR SALE LEASEBACK | FRANCHISEE GUARANTY BY EXPERIENCED 8 UNIT OPERATOR | ANNUAL RENTAL INCREASES

• Franchisee guaranteed lease by successful 8 unit operator• Brand new 10 year sale leaseback to be executed at the close of escrow• Rare 1.50% annual rental increases throughout the initial term and options

ABSOLUTE NNN LEASE | FEE SIMPLE OWNERSHIP | NO LANDLORD RESPONSIBILITIES

• Tenant pays for CAM, insurance, taxes, and maintains all aspects of the building• No landlord responsibilities• Ideal, management-free investment for an out-of-state, passive investor

NEAR SIGNALIZED HARD CORNER INTERSECTION | RECENTLY RENOVATED | 2 BLOCKS OR 0.2 MILES FROM INTERSTATE 55

• The subject site is located near the signalized, hard corner intersection of Remington Boulevard and Brookview Lane (36,500 cars per day)

• This location was just recently remodeled where the tenant spent over $200k• Additionally, the site only 2 blocks or 0.2 miles from Interstate 55 (125,400 cars per

day) with direct on/off-ramp access • The property has excellent visibility and access

ADJACENT TO ALDI | NEARBY NATIONAL/CREDIT TENANTS• Golden Corral is adjacent to an ALDI supermarket• Benefits from other nearby national/credit tenants that include Walmart,

Walgreens, Dollar Tree, and more • Increases consumer traffic and crossover shopping in the trade area

STRONG DEMOGRAPHICS IN AFFLUENT 5-MILE AREA• Over 175,000 residents and 73,000 employees support the trade area• $109,000 average household income

PROPERTY OVERVIEW

PARCEL MAP

Actual Site

7 / GOLDEN CORRAL / BOILINGBROOK, ILLINOIS PROPERTY OVERVIEW / SRS NATIONAL NET LEASE GROUP

ACCESSThere are two (2) access points with both along Brookview Lane.

TRAFFIC COUNTSInterstate 55: ............................................................................... 125,400S. Bolingbrook Drive/ State Highway 53: .......................................36,500

IMPROVEMENTSThere is approximately 10,467 SF of existing building area.

PARKINGThere are approximately 150 parking spaces on the owned parcel. The parking ratio is approximately 14.33 stalls per 1,000 SF of leasable area.

YEAR BUILT / REMODELED2001 / 2017

PARCELParcel Number: 12-02-15-401-016-0000 Acres: 2.26 Square Feet: 98,446

ZONINGCommercial

N 36,500CARS PER DAY

N

36,500CARS PER DAY

125,400CARS PER DAY

BROO

KVIEW

LN.

PYLON SIGN

N

N

CHICAGO

BOILINGBROOK

2016 ESTIMATED POPULATION1 Mile ......................................................... 11,650 3 Mile ......................................................... 62,3915 Mile ........................................................175,688

2016 AVERAGE HOUSEHOLD INCOME1 Mile ........................................................$61,523 3 Mile ........................................................$88,652 5 Mile ......................................................$109,459

2016 ESTIMATED TOTAL EMPLOYEES1 Mile ........................................................... 8,4713 Mile ......................................................... 42,7065 Mile ......................................................... 73,852

AREA OVERVIEW OF BOILINGBROOK, ILLINOIS

12 / GOLDEN CORRAL / BOILINGBROOK, ILLINOIS AREA OVERVIEW / SRS NATIONAL NET LEASE GROUP

The village of Bolingbrook is a southwest suburb of Chicago that is partially in both Will and DuPage counties in the U.S. state of Illinois. The Village of Bolingbrook had a population of 74,945 as of July 1, 2017. It is the 17th largest incorporated place in Illinois and the state’s 2nd largest village.

The Village is located at an interchange of Interstate Route 55 on the south and the north/south extension of the Illinois Tollway system, I-355 on the east. Presently the Village consists of 25 square miles.

The Village has experienced rapid growth in commercial and residential real estate development over the past ten years and anticipates a continuation of this trend in the foreseeable future. Much of this growth can be attributed to the pro-growth sentiments of the Village; the proximity of the Village to the City of Chicago; the provision of necessary infrastructure improvements including roads, water and sewer services and low property taxes. Goya Foods’ Illinois division as well as Ulta Beauty are headquartered in Bolingbrook. WeatherTech has both its Corporate Headquarters and Factory Store in Bolingbrook.

Most of Bolingbrook lies within the boundaries of Valley View School District 365U and Fountaindale Public Library District, both of which also include nearby Romeoville, Illinois. Other school districts that serve Bolingbrook include Plainfield School District 202, Indian Prairie School District 204, Naperville School District 203, Woodridge School District 68, and Downers Grove High School District 99.

The Pelican Harbor Indoor/Outdoor Aquatic Complex is a popular location. The city features numerous woodland areas and parks. Golfing enthusiasts enjoy playing at the areas numerous courses including Bolingbrook Golf Club, Naperbrook, White Eagle Golf Course, Springbrook Golf Course and River Bend Golf Club. The Hidden Lakes Historic Trout Farm provides opportunities for fishing. The Rocket Ice Arena is available for skating and hockey.

The Pelican Harbor Aquatic Park is a popular destination. The nearby Greene Valley Forest Preserve Loop is situated in grasslands and includes several scenic streams. Saganashkee Slough is popular for fishing. The Waterfall Glen Forest Preserve Loop features a rugged landscape, numerous ponds and a prairie. Residents enjoy the nearby Splashdown Water Park. A wide variety of activities and professional sports events are available in nearby Chicago.

Will County is a county in the northeastern part of the state of Illinois. The estimated population as of July 1, 2017 was 689,529 making it the fourth-most populous county in Illinois. The county seat is Joliet.

AREA OVERVIEW (CONTINUED)

13 / GOLDEN CORRAL / BOILINGBROOK, ILLINOIS AREA OVERVIEW / SRS NATIONAL NET LEASE GROUP

DEMOGRAPHICS 1 MILE 3 MILES 5 MILES

2016 Estimated Population 11,650 62,391 175,6882021 Projected Population 11,935 63,060 177,8122010 Census Population 11,164 61,713 172,657Projected Annual Growth 2016 to 2021 0.48% 0.21% 0.24%Historical Annual Growth 2010 to 2016 0.59% 0.15% 0.24%

2016 Estimated Households 3,544 19,583 58,5412021 Projected Households 3,631 19,800 59,2482010 Census Households 3,411 19,348 57,517Projected Annual Growth 2016 to 2021 0.49% 0.22% 0.24%Historical Annual Growth 2010 to 2015 0.53% 0.17% 0.24%

2016 Estimated White 42.60% 53.20% 64.60%2016 Estimated Black or African American 23.60% 20.20% 12.10%2016 Estimated Asian or Pacific Islander 7.60% 9.50% 12.40%2016 Estimated American Indian or Native Alaskan 0.40% 0.40% 0.30%2016 Estimated Other Races 21.90% 13.00% 7.60%2016 Estimated Hispanic 44.00% 29.80% 19.30%

2016 Estimated Average Household Income $61,523 $88,652 $109,459 2016 Estimated Median Household Income $50,331 $72,961 $85,495 2016 Estimated Per Capita Income $19,487 $28,023 $36,593

2016 Estimated Total Businesses 461 2,159 4,7062016 Estimated Total Employees 8,471 42,706 73,852

FINANCIAL INFORMATION PROPERTY SPECIFICATIONS

RENT ROLL

LEASE TERM RENTAL RATES

TENANT NAME SQUARE FEET LEASE START LEASE END BEGIN INCREASE MONTHLY PSF ANNUALLY PSF RECOVERY TYPE OPTIONSGolden Corral 10,467 COE 10 Years Year 1 - $25,333 $2.42 $304,000 $29.04 Absolute NNN 5 (5-Year)

Franchisee Guaranty Year 2 1.50% $25,713 $2.46 $308,560 $29.48 1.50% Annual

1.50% Annual Rental Increases Throughout Term

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BRAND PROFILE

14 / GOLDEN CORRAL / BOILINGBROOK, ILLINOIS RENT ROLL / SRS NATIONAL NET LEASE GROUP

GOLDEN CORRALGolden Corral Corporation operates restaurants in the United States. Its restaurants offer steaks, pork, seafood, shrimp, and chicken, sirloin, omelettes, pancakes, sausages and bacon, fruits, French toasts, pastries, breads, yeast rolls, cakes and pies, cookies, brownies, and ice creams, as well as chocolate flowing fountains in breakfast, lunch, and dinner. The company also offers franchising opportunities. Golden Corral Corporation was founded in 1973 and is based in Raleigh, North Carolina. It has support centers in Hurst, Texas; Raleigh, North Carolina; and Greenwood Village, Colorado.

Company Type: ..................................... PrivateLocations: .................................................. 500

Website: ........ www.goldencorralfranchise.com

Price: .......................................................................................................................................$4,343,000Net Operating Income: ...............................................................................................................$304,000Cap Rate: ........................................................................................................................................ 7.00%Lease Type:................................................................................................................................Abs. NNN

Year Built/Remodeled: ............................................................................................................2001/2017Rentable Area: ...........................................................................................................................10,467 SFLand Area: ................................................................................................................................ 2.26 AcresAddress: ................................................................................381 Brookview Lane, Bolingbrook, IL 60440

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800+PROPERTIES CURRENTLY

REPRESENTED

$2.6B*TRANSACTION VALUE

600+CLIENTS REPRESENTED

IN 2016

250+BROKERS,

PROFESSIONALS,AND STAFF

#1LARGEST REAL ESTATE FIRM

EXCLUSIVELY DEDICATED TO RETAIL SERVICES IN NORTH AMERICA

20+OFFICES

*STATISTICS ARE FOR 2016.

SRS GLOBAL STATS

Actual Site