Net Lease Property For Sale | The Boulder Group

NET LEASED INVESTMENT OFFERING

TitleMax 14450 South LaGrange Road Orland Park, IL (Chicago MSA)

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TABLE OF CONTENTS NET LEASED INVESTMENT OFFERING

TABLE OF CONTENTS

1)

Confidentiality & Disclaimer

2)

Executive Summary

3)

Property Overview

4)

Aerials

5)

Site Plan

6)

Map

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 TitleMax property located within the Chicago MSA. The TitleMax property is strategically located in a dominant retail trade area along the main north-south thoroughfare. The property is located in the immediate vicinity to Orland Park Mall, a 1.2 million square foot premium regional mall. There are over seven years remaining on the recently signed TitleMax lease that expires April 30, 2022 and features 2.5% annual rental escalations. TitleMax is a privately held company with over 1,200 locations.

The TitleMax property is located at the signalized intersection of South LaGrange Road and West 144th Place. South LaGrange Road is the main north-south thoroughfare in the area and experiences traffic volumes in excess of 36,000 vehicles per day. The surrounding area is both densely populated and affluent with approximately 165,000 people living within a five mile radius earning average household incomes in excess of $99,000. The TitleMax is located less than one-half mile from the Orland Park 143rd Street Metra Station, where a 295-unit apartment development was recently completed.

Metra is the commuter rail division of the Regional Transportation Authority of the Chicago MSA and serves over 80 million passengers annually. The property is strategically located within a regionally dominant retail corridor. Orland Square Mall, a 1.2 million square foot regional mall that is anchored by Apple, Macy’s, JCPenney, Sears, and Carson Pirie Scott, is located in the immediate proximity to the property. A new Mariano’s grocery store and 231-unit apartment development is expected to open in 2015 that is located two blocks north of the property. Additional retailers located within the immediate vicinity include Walmart Supercenter, Costco, Target, Lowe’s, Whole Foods, Kohl’s, and Jewel-Osco.

TitleMax has over seven years remaining on their lease that features 2.5% annual rental escalations. There are no landlord responsibilities. TitleMax is a privately held company with over 1,200 locations and has a Standard & Poor’s rating of B.

INVESTMENT HIGHLIGHTS • Located within the Chicago MSA • 2.5% annual rental escalations • Absolute triple net lease with zero landlord responsibilities • Located at the hard corner of a signalized intersection • South LaGrange Road is the primary thoroughfare in the area and experiences traffic counts in excess of 36,000

vehicles per day • Located less than one-half mile from the Orland Park 143rd Street Metra Station • Located in the immediate vicinity to Orland Square Mall, a 1.2 million square foot regional mall that is anchored by

Apple, Macy’s, JCPenney, Sears & Carson Pirie Scott • Located in the regional trade area that features Walmart Supercenter, Costco, Target, Lowe’s, Whole Foods, Jewel-Osco, and a soon to be constructed Mariano’s grocery store • Approximately 165,000 people living within a five mile radius earning average household incomes in excess of $99,000

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PROPERTY OVERVIEW NET LEASED INVESTMENT OFFERING

PROPERTY OVERVIEW

Price:

$1,105,584

Cap Rate:

6.50%

Net Operating Income:

$71,863

Rental Escalations:

2.5% Annually

Lease Commencement Date:

May 1, 2012

Lease Expiration Date:

April 30, 2022

Tenant:

TitleMax

Lease Type:

NNN

Building Size:

2,300 SF

Land Size:

16,750 SF

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AERIAL NET LEASED INVESTMENT OFFERING

AERIAL

N

S. LAGRANGE ROAD 36,000 VPD COMING SOON

W. 144TH PLACE

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SITE PLAN NET LEASED INVESTMENT OFFERING

SITE PLAN

W 144TH PLACE

S LA GRANGE ROAD

N

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MAP NET LEASED INVESTMENT OFFERING

MAP

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TENANT PROFILE NET LEASED INVESTMENT OFFERING

TENANT PROFILE TitleMax, Inc. is a privately owned title lending business based in Savannah, Georgia. The company has more than 1200 stores in twelve states. TitleMax serves individuals who generally have limited access to consumer credit from banks, thrift institutions, credit card lender and other traditional sources of consumer credit. TitleMax offers a title loan product which allows customers to meet their liquidity needs by borrowing against the value of their vehicles while retaining use of their vehicle during the term of the loan. TitleMax is a subsidiary of TMX Finance, which also operates TitleBucks, EquityAuto Loan, and InstaLoan. TitleMax has a Standard and Poor’s rating of B. Website: Number of Locations: Credit Rating: Headquarters: Year Founded:

www.titlemax.com 1,200+ S&P: B Savannah, GA 1999

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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

8,435 3,214

62,676 23,719

164,452 61,484

$73,577 $95,052

$78,425 $98,810

$79,664 $99,161

Income Median Household Income Average Household Income

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LOCATION OVERVIEW NET LEASED INVESTMENT OFFERING

LOCATION OVERVIEW Orland Park is a village in Cook County, Illinois located within the Chicago MSA. Situated 25 miles southwest of Chicago, Orland Park provides access to several interstate highways, with the I-80 east-west coast connector as its southern border. Metra’s commuter rail system links residents to Chicago’s Loop, and thereby to O’Hare and Midway airports. At the 2010 census, the population was 56,767. www.orland-park.il.us 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. 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 rblank@bouldergroup.com

Jimmy Goodman Partner 847.562.8500 jimmy@bouldergroup.com

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