16 Property Portfolio - LoopNet...• Aaron’s Inc. is publicly traded (NYSE: AAN), with a market CAP = $2.92 billion • True NNN leases with no landlord responsibilities • Recession

16 Property PortfolioNNN Leases

Skyline Seven Real Estate | 404.812.8910 Skyline Seven Real Estate’s Statement of Confidentiality & Disclaimer pertains to all data supplied for purposes of this proposal.

CHASE MURPHYINVESTMENT SALES [email protected]

ELLIOTT KYLEVICE PRESIDENT INVESTMENT [email protected]

KENNY [email protected]

w w w . s k y l i n e s e v e n . c o m

Portfolio overview

Price: Market to DetermineNumber of Locations: 16Total NOI: $1,164,391Total SF: 320,560Avg. Rent/SF: $4.35Occupancy: 100%

Highlights • Aaron’s Inc. is publicly traded (NYSE: AAN), with a market CAP = $2.92 billion• True NNN leases with no landlord responsibilities• Recession and e-commerce resistant tenant• 16 separate locations in 9 different States - being sold as a portfolio• Established stores with a minimum of 14 years of operating history• Most leases have brand new renewals of 5 to 8 years• All buildings fully leased with increases in the option periods

Address City State Lease Commencement Option Expiration Net Operating

IncomeRent Per

Square Foot

Totals 320,560 $1,164,391 $4.35

Portfolio Overview

1. 6708 North 56th Street Tampa FL 2004 10/31/2024 30,000 $65,642 $2.19 2 x 5 years

2. 6901 North Dale Mabry Tampa FL 2004 10/31/2019 19,054 $98,037 $5.15 1 x 5 years

3. 10625 U.S. 301 Dade City FL 2002 12/31/2022 15,918 $47,183 $2.96 2 x 5 years

4. 1710 Cobb Parkway Marietta GA 2004 10/31/2024 15,000 $70,330 $4.69 2 x 5 years

5. 910 East Main Street Laurens SC 2002 01/31/2023 25,900 $72,000 $2.78 2 x 5 years

6. 1308 East Main Street Easley SC 2002 01/31/2025 25,071 $72,000 $2.87 2 x 5 years

7. 1706 Hillsborough Road Manchester TN 2002 01/31/2024 14,360 $52,200 $3.64 2 x 5 years

8. 1028 Gallatin Pike South Madison TN 2002 01/31/2023 45,720 $108,000 $2.36 2 x 5 years

9. 516 North Main Street Shelbyville TN 2002 07/31/2023 20,346 $48,000 $2.36 2 x 5 years

10. 2020 Shelly Drive Indiana PA 2002 01/31/2026 28,095 $90,000 $3.20 2 x 5 years

11. 890 Hwy 49 South Richland MS 2004 10/31/2024 6,800 $63,297 $9.31 2 x 5 years

12. 3634 South Noland Road Independence MO 2004 10/31/2024 10,000 $58,609 $5.86 2 x 5 years

13. 3409 North Beltline Road Irving TX 2004 10/31/2024 8,075 $83,615 $10.35 2 x 5 years

14. 1019 Hwy 80 San Marcos TX 2002 01/31/2026 27,384 $162,000 $5.92 2 x 5 years

15. 1620 North Prince Street Clovis NM 2004 10/31/2024 9,530 $40,635 $4.26 2 x 5 years

16. 121 East Marland Boulevard Hobbs NM 2002 12/31/2022 19,307 $32,843 $1.70 2 x 5 years

Square Feet RemainingOptions

Portfolio Map

1. Tampa FL2. Tampa FL3. Dade City FL4. Marietta GA5. Laurens SC6. Easley SC7. Manchester TN8. Madison TN9. Shelbyville TN10. Indiana PA11. Richland MS12. Independence MO13. Irving TX14. San Marcos TX15. Clovis NM16. Hobbs NM1

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Since being founded in 1955, Aaron’s has become the leading provider of Lease-Purchase Solutions for a variety of products including electronics, furniture, hardware, appliances and outdoor equipment. In 2014, Aaron’s acquired Progressive Finance to further increase their market share in the Rent-To-Own industry and the virtual Rent-To-Own industry.

In 2016, Aaron’s approved 1.6 million customers through their brick and mortar retail stores and also through the Aarons.com website. The company’s revenues of $3.2 billion in 2016 is it’s record to date as the company continues its consistent growth year to year.

TENANT OVERVIEW

Founded: 19552016 Revenue: $3.2 Billion2016 Net Income: $139.3 MillionTotal Locations: 1,770 +Employees: 11,500 +Headquarters: Atlanta, GAWebsite: www.aarons.com

COMPANY OVERVIEW

$/PSF

NOI: $65,642Rent / SF $2.19Total SF: 30,000Lease Commencement: 2004Lease Expiration: 10/31/24

Tampa, Florida

Highlights • Renewal through October 2024

• True triple net lease - no landlord responsibility

• Aaron’s has been at this location since 2004

• Aaron’s base rent is $2.19/SF, which provides upside in the future

• Well located on N 56th Street, just north of Netpark Tampa Bay which is a 1 million square foot indoor office park

• Across the street from King High School with 1,889 students

6708 North 56th Street #1

Netpark Tampa Bay

$/PSF

NOI: 98,037Rent / SF $5.15Total SF: 19,054Lease Commencement: 2004Lease Expiration: 10/31/19

Tampa, Florida

Highlights • Existing lease term through October 2019




• Strategic location on a major retail corridor that connects north and south Tampa

• Well located on North Dale Mabry Hwy, near the Tampa International Airport

6901 North Dale Mabry #2

$/PSF


Dade City, Florida

Highlights • Renewal through December 2022



• Aaron’s base rent is under $3/SF, which provides upside in the future

• Great visibility and access with 22,000 vehicles passing per day

• Population of 110,854 people living within a 10 mile radius

• Well located in Dade City, a suburb north of Tampa

10625 U.S. 301 #3

$/PSF


Marietta, GeorgiaHighlights • Renewal through October 2024




• Across the street from a Walmart Supercenter and Dobbins Air Reserve Base

• Well located on Cobb Parkway with 39,940 vehicles passing per day

• Strong population of 240,507 people living within a 5 mile radius

• Marietta is a suburb northwest of Atlanta

1710 Cobb Parkway SE #4

$/PSF


Laurens, South Carolina

Highlights • Renewal through January 2023




• Located directly in front of a Walmart Supercenter, and other national retailers

• Well located on E Main Street in the middle of the cities’ main retail corridor

• Laurens is southeast of Greenville

910 East Main Street #5

$/PSF


Easley, South Carolina

Highlights • Renewal through Janurary 2025



• If tenant replaces roof wthin 6 months of 1/26/18, then they recieve 5 months of rent abatement


• Well located on E Main Street, near many national retailers

• Easley is a suburb west of Greenville

1308 East Main Street #6

$/PSF


Manchester, Tennessee

Highlights • Renewal through through January 2024

• Aaron’s has option to terminate on 1/31/19




• Located near the Bonaroo Arts and Music Festival, the largest of its kind in the U.S.

• Manchester is located between Chattanooga and Nashville

1706 Hillsborough Road #7

$/PSF


Madison, Tennessee





• Located in an outparcel to a Family Dollar, Planet Fitness and Save - A - Lot center

• Well located on Gallatin Pike South, the main retail corridor

• Madison is a suburb northeast of Nashville

1028 Gallatin Pike South #8

$/PSF


Shelbyville, Tennessee

Highlights • Renewal through July 2023



• If tenant replaces roof within 6 months of 1/26/18, then they recieve 3 months of rent abatement


• Across the Street from a Goodwill and Dollar General shopping center

• Well located on North Main Street near the center of downtown Shelbyville

• Shelbyville is between Chattanooga and Nashville

516 North Main Street #9

$/PSF

NOI: $90,000Rent / SF $3.20Aaron's SF: 18,095Sub-Let SqFt: 10,000Total SqFt: 28,095Lease Commencement: 2002Lease Expiration: 01/31/26

Indiana, PennsylvaniaHighlights • Renewal through January 2026



• Aaron’s internally subleasing 10,000 square feet to Debnar’s, a pool, lawn and garden retailer


• Near Indiana University of Pennsylvania, with 12,853 students and 700 faculty and staff

• Great visibility and access next to Tractor Supply

• Indiana is east of Pittsburgh

2020 Shelly Drive #10

$/PSF


Richland, Mississippi




• Across the Street from a CVS and next to a Wendy’s and Whataburger

• Well located on U.S. Hwy 49 near the Walmart Supercenter

• Richland is a suburb of Jackson, between I-20 and I-55

890 Hwy 49 South #11

$/PSF


Independence, Missouri





• Well located on S Noland Road near a Walmart Neighborhood Market

• Near Truman High School with 1,687 students

• Independence is a suburb east of Kansas City

3634 South Noland Road #12

$/PSF


Irving, Texas




• Located next to a Texas King Supermarket and near a Kroger anchored center

• Well located on N Belt Line Road near the Dallas/Fort Worth International Airport

• Located on Irving’s main retail corridor

• Irving is a suburb west of Dallas

3409 North Beltline Road #13

$/PSF


San Marco, Texas





• Adjacent to a Walmart Supercenter

• Strong population of 126,347 people living within a 10 mile radius

• Well located off I-35, between San Antonio and Austin

1019 Hwy 80 #14

$/PSF


Clovis, New Mexico





• Located near a Hobby Lobby anchored shopping center, and North Plains Mall

• Well located on N Prince Street, the main retail corridor in the city

• Clovis is located in eastern New Mexico, near Texas

1620 North Prince Street #15

$/PSF


Hobbs, New Mexico

Highlights • Renewal through December 2022




• Average household income is expected to grow by 10.5% over in the next 5 years

• Hobbs is located in southeast New Mexico - known for oil and gas exploration

121 East Marland Boulevard #16

SKYLINE SEVEN EXPERTS

ELLIOTT KYLEVICE PRESIDENT404.812.8927

Elliott is responsible for Skyline Seven’s Investment Sales Division and is one of Atlanta’s top sales producers. Elliott offers a breadth of brokerage experience having represented private investors, institutions and lenders/special servicers. Over the last 10 years alone, Elliott closed real estate

transactions in excess of $450,000,000.

CHASE MURPHYASSOCIATE

404.812.8925

Chase is an investment sales associate representing

both buyers and sellers of commercial properties.

Prior to joining Skyline Seven, Chase worked as an

asset manager for Altisource, managing a real estate

portfolio in excess of $35,000,000 and removing over

$70,000,000 of distressed assets from his clients’

balance sheets. Through his experience, Chase has

developed a vast knowledge of transactional real

estate and a commitment to navigating his clients to

profitable closings.

KENNY HOLZERPRESIDENT

404.812.8912

Kenny Holzer is responsible for the overall strategic direction of the company, as well as new business development. Kenny is recognized for his breadth of real estate experience and deal acumen. His high-energy leadership inspires and motivates associates, resulting in lucrative transactions for our

clients

Documents

16 Property Portfolio - LoopNet...• Aaron’s Inc. is publicly traded (NYSE: AAN), with a market CAP = $2.92 billion • True NNN leases with no landlord responsibilities • Recession