Net Leased 7 eleven

NET LEASED INVESTMENT OFFERING

7-Eleven (S&P: AA-) 5363 Lincoln Avenue Skokie, IL 60077 (Chicago MSA)

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TABLE OF CONTENTS NET LEASED INVESTMENT OFFERING

TABLE OF CONTENTS

1)

Executive Summary

2)

Investment Highlights

3)

Property Overview

4) Aerial 5)

Site Plan

6) Maps 7)

Tenant Profile

8)

Demographic Comparison Report

9)

Location Overview

10)

Contact Information

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CONFIDENTITALITY & DISCLAIMER NET LEASED INVESTMENT OFFERING

CONFIDENTIALITY & DISCLAIMER 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.

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EXECUTIVE SUMMARY NET LEASED INVESTMENT OFFERING

EXECUTIVE SUMMARY The Boulder Group is pleased to exclusively market for sale a single tenant absolute net leased corporately guaranteed 7-Eleven property located within the Chicago MSA. The property is located in a densely populated area with approximately 28,000 people living within a one mile radius. 7-Eleven has successfully operated at this location since 1967. The lease has six years remaining and expires September 30, 2020. The lease has one 5-year renewal option with a 14.3% rental escalation. 7-Eleven is an investment grade tenant with a Standard & Poor’s rating of AA-.

The 7-Eleven property is located at the signalized intersection of Lincoln Avenue and Gross Point Road, a prime intersection that experiences traffic counts of 25,000 vehicles per day. The property is located approximately three-quarters of a mile from access to Interstate 94. Interstate 94 experiences traffic counts in excess of 155,000 vehicles per day. The property is located in a densely populated area with approximately 28,000 people living within a one mile radius. Additionally, there are over 145,000 people living within a three mile radius earning average household incomes in excess of $95,000 per annum. 7-Eleven has successfully operated at this located for almost fifty years due to its’ strategic neighborhood location in one of Chicago’s more densely populated neighborhoods.

7-Eleven signed a 15 year lease extension in 2005 that expires September 30, 2020. The lease is an absolute triple net and features one 5-year renewal option with a 14.3% rental escalation. 7-Eleven is the world’s largest retail store chain with more than 53,000 locations throughout the world. 7-Eleven is an investment grade rated company with a Standard & Poor’s rating of AA-.

INVESTMENT HIGHLIGHTS • Located within the Chicago MSA • Corporately guaranteed • 7-Eleven is an investment grade rated tenant (S&P: AA-) • Long standing successful operating history at this location since 1967 • 14.3% rental escalation in the renewal option • Located at the prime signalized intersection of Lincoln Avenue and Gross Point Road (25,000 VPD) • Densely populated area with approximately 28,000 people living within a one mile radius • Over 145,000 people living within a three mile radius earning average household incomes in excess of $95,000 per annum • Three-quarters of a mile from access to Interstate 94 (155,000 VPD)

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PROPERTY OVERVIEW NET LEASED INVESTMENT OFFERING

PROPERTY OVERVIEW

Price:

$975,000

Cap Rate:

6.46%

Net Operating Income:

$63,000*

Rental Escalations:

14.3% in Option

Renewal Options:

One 5-Year

Lease Commencement Date:

December 1967

Lease Expiration Date:

September 30, 2020

Tenant:

7-Eleven

Credit Rating:

AA- (S&P)

Year Built:

1967

Lease Type:

NNN

Rentable Square Feet:

2,800 SF

Land Acreage:

10,156 SF

*Seller will credit, at closing, the difference between the current rent of $57,000, until the rent escalates in October 1, 2015.

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AERIAL NET LEASED INVESTMENT OFFERING

AERIAL

GR

O 16 SS ,5 PO 00 IN VP T R D OA

D

N LIN

COL 8,5 N AVE 00 VPD NUE

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SITE PLAN NET LEASED INVESTMENT OFFERING

SITE PLAN

N

LINCO

LN AV

GR OS

SP

OIN

TR OA D

ENUE

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MAPS NET LEASED INVESTMENT OFFERING

MAPS

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TENANT PROFILE NET LEASED INVESTMENT OFFERING

TENANT PROFILE 7-Eleven is part of an international chain of convenience stores with more than 53,000 locations world-wide, making it the world’s largest operation, franchisor and licensor of convenience stores. 7-Eleven branded stores, under parent company Seven & I Holdings Co., are located in 16 countries and 7-Eleven’s American division is headquartered in downtown Dallas, Texas. Seven & I Holdings Co., Ltd. Is a diversified retail group headquartered in Tokyo, Japan. 7-Eleven has recently been ranked by Forbes magazine as No. 2 “Top Franchisee for the Money” for 2012 and No. 3 “Top 20 Franchises to Start” for 2011. Additionally 7-Eleven was ranked No. 3 on Entrepreneur magazine’s “Franchisee 500” and No. 1 in Store Growth by Convenience Store News for 2012.

Website: Number of Locations Worldwide: Number of United States Locations: Number of Employees: Standard & Poor’s Rating:

www.7-eleven.com 53,000 7,800 45,000 AA-

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DEMOGRAPHIC COMPARISON REPORT NET LEASED INVESTMENT OFFERING

DEMOGRAPHIC COMPARISON REPORT

Population Total Population Total Households

1-mi

3-mi

5-mi

27,939 10,689

145,700 54,040

565,855 211,322

$56,263 $73,573

$71,173 $95,126

$63,700 $91,404

Income Median Household Income Average Household Income

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LOCATION OVERVIEW NET LEASED INVESTMENT OFFERING

LOCATION OVERVIEW Skokie is a village in Cook County, Illinois. A Chicago suburb, for many years Skokie promoted itself as “The World’s Largest Village”. According to the 2010 census, Skokie had a population of 64,784 residents.

Sharing a border with the city of Chicago, Skokie’s streets, like that of many suburbs, are largely a continuation of the Chicago street grid, and it is served by the Chicago Transit Authority, further cementing its connection to the city. The village is bordered by Evanston to the east, Chicago to the southeast and southwest, Lincolnwood to the south, Niles to the southwest, Morton Grove to the west, Glenview to the northwest, and Wilmette to the north. Pfizer is the largest employer in Skokie employing over 2,100 people. www.skokie.org 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 residents. The MSA covers over 1,300 square miles and six counties. The 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 is a major hub for industry, telecommunications and infrastructure and O’Hare International Airport is the second busiest airport in the world in terms of traffic movement.

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, infrastructure and general competitiveness. The city has also been rated as having the most balanced economy in the United States, due to its high level of diversity. www.cityofchicago.org

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CONTACT INFORMATION NET LEASED INVESTMENT OFFERING

CONTACT INFORMATION

666 Dundee Road, Suite 1801 Northbrook, IL 60062 Randy Blankstein President 847.562.0003 randy@bouldergroup.com

Jimmy Goodman Partner 847.562.8500 jimmy@bouldergroup.com

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Steven Gelber 310.824.4999 Ext. 15 steven.gelber@gmail.com