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7-Eleven Gas Station11216 W Bluemound Rd, Wauwatosa, WI 53226

OFFERING MEMORANDUM

This Marketing Brochure contains select information pertaining to the business and affairs of 7-Eleven located at 11216 W Bluemound Rd, Wauwatosa, WI 53226 here to referred to as “Property”. Information in this Marketing Brochure is confidential and provided solely for the purpose of a review by a prospective purchaser of the Property. It is not to be used for any other purpose and may not be made available to any other person without the written consent of the Seller or Matthews Retail Group, Inc.

This Marketing Brochure has been prepared by Matthews Retail Group, Inc. (also known as Matthews Retail Advisors) based in part upon information supplied by the Seller and in part upon financial information obtained from sources deemed reliable by Matthews Retail Group, Inc. However, Matthews Retail Group, Inc. has not and will not verify any of this information, nor has Matthews Retail Group, Inc. conducted any investigation regarding these matters. Matthews Retail Group, Inc. makes no guarantee, warranty or representation whatsoever about the accuracy or completeness of any information provided.

It is the Buyer’s responsibility to independently confirm the accuracy and completeness of all material information before completing any purchase. This Marketing Brochure is not a substitute for the Buyer’s thorough due diligence investigation of this investment opportunity. Matthews Retail Group, Inc. expressly denies any obligation to conduct a due diligence examination of this Property for the Buyer. Any projections, opinions, assumptions or estimates used in this Marketing Brochure are for example only and do not represent the current or future performance of this Property. The value of a net leased property to the Buyer depends on factors that should be evaluated by the Buyer and their tax, financial and legal advisors. Buyer and Buyer’s tax, financial, legal, and construction advisors should conduct a careful, independent investigation of any property to determine to their satisfaction the suitability of the Property for their investment goals.

Like all real estate investments, this investment carries significant risks. Buyer and Buyer’s legal and financial advisors must request and carefully review all legal and financial documents related to the Property and tenant. While the tenant’s past performance at this or other locations is an important consideration, it is not a guarantee of future performance.

Similarly, the lease rate for some properties, including newly-constructed facilities or newly-acquired locations, may be set based on a tenant’s projected sales with little or no record of actual performance, or comparable rents for the area. Returns are not guaranteed; the tenant and any guarantors may fail to pay the lease rent or property taxes, or may fail to comply with other material terms of the lease; cash flow may be interrupted in part or in whole due to market, economic, environmental or other conditions. Regardless of tenant history and lease guarantees, Buyer is responsible for conducting his/her own investigation of all matters affecting the intrinsic value of the Property and the value of any long-term lease, including the likelihood of locating a replacement tenant if the current tenant should default or abandon the Property, and the lease terms that Buyer may be able to negotiate with a potential replacement tenant considering the location of the Property, and Buyer’s legal ability to make alternate use of the Property.

By accepting this Marketing Brochure you agree to release the Seller and Matthews Retail Group, Inc. of any and all liability and hold the parties harmless from any kind of claim, cost, or expense arising out of your investigation and/or purchase of this Property.

NON-ENDORSEMENT NOTICEMatthews Retail Group, Inc. is not affiliated with, sponsored by, or endorsed by any commercial tenant or lessee identified in this Marketing Brochure. The presence of any corporation’s logo or name is not intended to indicate or imply affiliation with, or sponsorship or endorsement by, said corporation of Matthews Retail Group, Inc., its affiliates or subsidiaries, or any agent, product, service, or commercial listing of Matthews Retail Group, Inc., and is solely included for the purpose of providing tenant lessee information about this listing to prospective customers.

CONFIDENTIALITY & DISCLAIMER STATEMENT

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PRICING AND FINANCIAL ANALYSISInvestment Overview . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2Financial Overview . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3Company Overview . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4

PROPERTY DESCRIPTIONProperty Overview. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6Bird’s Eye . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7Tenant Map . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8Regional Map. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9

DEMOGRAPHICSDemographics Report . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11City Overview . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12

TABLE OF CONTENTS

PRESENTED BY

Beau BeachBroker of Record

License No. 55685-90

Aron ClineVP & Sr. Director

License No. 01904371O 310.919.5816M 818.632.0233aron.cline@matthews.com

Matt CoatesAssociate

License No. 01980718wO 310.919.5805M 714.366.1236matt.coates@matthews.com

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™PRICING AND FINANCIAL ANALYSIS

The lease includes one and one-half percent annual rent increases and four, five year options to renew. The Landlord is responsible for maintaining the foundation, slab, and structural soundness in addition to roof replacement. Tenant is responsible for everything else. The lease is backed by 7-Eleven Corporate with a AA- Standard & Poor’s credit rating.

The Property is located directly off of Highway 18 with excellent visibility and close proximity to Highway 100, 45, and Interstate 94. In addition, a handful of National retailers including Starbucks, Trader Joe’s, Jimmy John’s, Subway, Qdoba, Taco Bell, Honey Baked Ham, H&R Block, Domino’s and FastSigns are located within a mile of the site. The property is also located within a mile of the Milwaukee County Zoo, the WIsconsin Heart Hospital and the Milwaukee County Research Park. Average household incomes near the subject property reach $77,000 per year.

INVESTMENT HIGHLIGHTS• Strong MSA location - located within the Milwaukee, Wisconsin

MSA - Ranked 5th in the US by Number of Fortune 500 Company Headquarters

• One Mile West of the 200 Acre Milwaukee County Zoo Housing over 2,000 Animals; one mile West of the Wisconsin Heart Hospital with more than 10,000 Associates and 1,300 Physicians; and one mile Southwest of the 137,000 square foot, award-winning and self-supporting Milwaukee County Research Park.

• Located Directly Off of Highway 18 with Nearby Traffic Counts in Excess of 23,000 Vehicles Per Day

• Backed by 7-Eleven Corporate with a AA- Standard & Poor’s Rating• Long term lease with 11 years remaining from an original 15 year

term • One and One-Half Percent (1.50%) Annual Rent Increases in

Original Term and throughout Option Periods

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Investment Overview

EXECUTIVE SUMMARY11216 W Bluemound Rd Wauwatosa, WI 53226List Price . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $1,277,575Gross Leasable Area . . . . . . . . . . . . . . . . . . . . . . . . . 3,041 SFCAP Rate - Current. . . . . . . . . . . . . . . . . . . . . . . . . . . . 5.40%Year Built . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1996Lot Size . . . . . . . . . . . . . . . . . . . . . . . . ±0.47 Acres (20,421 SF)

ANNUALIZED OPERATING DATAMonthly Rent Annual Rent Increases CAP Rate

Current thru 6/17/17 $5,749.08 $68,989 N/A 5.40%

6/18/17 thru 6/17/18 $5,835.32 $70,024 1.50% 5.48%

6/18/18 thru 6/17/19 $5,922.85 $71,074 1.50% 5.56%

6/18/19 thru 6/17/20 $6,011.69 $72,140 1.50% 5.65%

6/18/20 thru 6/17/21 $6,101.87 $73,222 1.50% 5.73%

6/18/21 thru 6/17/22 $6,193.40 $74,321 1.50% 5.82%

6/18/22 thru 6/17/23 $6,286.30 $75,436 1.50% 5.90%

6/18/23 thru 6/17/24 $6,380.59 $76,567 1.50% 5.99%

6/18/24 thru 6/17/25 $6,476.30 $77,716 1.50% 6.08%

6/18/25 thru 6/17/26 $6,573.44 $78,881 1.50% 6.17%

6/18/26 thru 6/17/27 $6,672.05 $80,065 1.50% 6.27%

6/18/16 thru 6/17/27 (Blended Rates)

$6,200.26 $74,403 N/A 5.82%

Average Monthly Rent

Average Annual Rent

Annual Increase

Blended CAP

Option 1 - 6/17/32 $6,978.36 $83,740 1.50% 6.55%

Option 2 - 6/17/37 $7,298.74 $87,585 1.50% 6.86%

Option 3 - 6/17/42 $7,633.83 $91,606 1.50% 7.17%

Option 4 - 6/17/47 $7,984.30 $95,812 1.50% 7.50%

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Financial Overview

TENANT SUMMARYTenant Trade Name 7-Eleven

Type of Ownership Fee Simple

Lease Guarantor Corporate

Lease Type NN+

*Landlord Responsibility Sturcture, Foundation, & Roof Replacement

Original Lease Term 15 years

Lease Commencement Date 6/18/2012

Lease Expiration Date 6/17/2027

Term Remaining on Lease ± 11 years

Increases 1.5% annual increases

Options Four (4), Five (5) Year Options

Tenant’s Right of First Refusal Yes

Tenant Estoppel Thirty (30) Days

*Landlord is responsible to maintain foundation, slab, and structural soundness in addition to roof replacement; Tenant is responsible for roof maintenance

Property Name 7-Eleven

Property Type Net Leased Convenience Store

Parent Company Trade Name Seven & I Holdings Co., LTD

Ownership Private

Credit Rating AA-

Rating Agency Standard & Poor’s

Revenue ±$10.36 Billion

Net Income ±$5.8 Billion

Stock Symbol NYSE: SE

No. of Locations (U.S.) ±7,800

Headquartered Irving, Texas

Web Site www.7-eleven.com

Year Founded 1927

7-Eleven is the world’s largest convenience store chain with more than 56,600 stores in 18 countries, of which approximately 10,500 are in North America. 7-Eleven also is one of the nation’s largest independent gasoline retailers. Its company’s name was changed from The Southland Corporation to 7-Eleven, Inc. after approval by shareholders on April 28, 1999. Founded in 1927 in Dallas, Texas, 7-Eleven pioneered the convenience store concept during its first years of operation as an ice company when its retail outlets began selling milk, bread and eggs as a convenience to guests.

The name 7-Eleven originated in 1946 when the stores were open from 7 a.m. to 11 p.m. Today, offering busy shoppers 24-hour convenience, seven days a week is the cornerstone of 7-Eleven’s business. 7-Eleven focuses on meeting the needs of convenience-oriented guests by providing a broad selection of fresh, high-quality products and services at everyday fair prices, speedy transactions and a clean, friendly shopping environment.

Each store’s selection of about 2,500 different products and services is tailored to meet the needs and preferences of local guests. Stores typically vary in size from 2,400 to 3,000 square feet and are most often located on corners for great visibility and easy access. The company operates, franchises and licenses approximately 8,600 stores in the U.S. and Canada. Of the more than 7,800 stores the company operates and franchises in the United States, more than 6,400 are franchised. 7-Eleven, Inc. is privately held and became a wholly owned subsidiary of Seven-Eleven Japan Co., Ltd. in Tokyo, Japan, and its affiliates on Nov. 9, 2005.

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Company Overview

™PROPERTY DESCRIPTION

THE OFFERINGProperty Name . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7-ElevenProperty Address . . . . . . . . . . . . . . . . . . 11216 W Bluemound Rd Wauwatosa, WI 53226Assessor’s Parcel Number . . . . . . . . . . . . . . . . . . . .411-0114-000

SITE DESCRIPTIONNumber of Stories . . . . . . . . . . . . . . . . . . . . . . . . . . . . . OneYear Built . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1996Gross Leasable Area (GLA) . . . . . . . . . . . . . . . . . . . . . . 3,041 SFLot Size . . . . . . . . . . . . . . . . . . . . . . . . ±0.47 Acres ( 20,421 SF)Type of Ownership. . . . . . . . . . . . . . . . . . . . . . . . . Fee SimpleParking . . . . . . . . . . . . . . . . . . . . . . . . . . .±14 Surface SpacesParking Ratio . . . . . . . . . . . . . . . . . . . . . . . . . . 4.60 : 1,000 SFLandscaping . . . . . . . . . . . . . . . . . . . . . . . . . . . . ProfessionalTopography. . . . . . . . . . . . . . . . . . . . . . . . . . . Generally Level

CONSTRUCTIONFoundation . . . . . . . . . . . . . . . . . . . . . . . . . . . .Concrete SlabFraming . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .WoodExterior . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Concrete BrickParking Surface . . . . . . . . . . . . . . . . . . . . . . . . . . . . .AsphaltRoof . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Flat

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Property Overview

PROPERTY DESCRIPTION

W Bluemound Road ±25,000 ADT

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Bird’s Eye

± 1.2 million annual visitors

The Milwaukee County Research Park Corporation (MCRPC) is a non-profit organization created to manage the development of a university-related research park.

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Tenant Map

PROPERTY DESCRIPTION

Property is located approximately 9 miles west of the heart of Milwaukee and 5 miles west of Miller Park, home of the Milwaukee Brewers.

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Regional Map

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Aerial Map

PROPERTY DESCRIPTION

™DEMOGRAPHICS

Population 3-Mile 5-Mile 10-Mile

2021 Projection 86,317 294,411 1,024,244

2016 Estimate 85,957 292,842 1,014,831

2010 Census 85,816 292,063 1,007,029

2000 Census 88,356 296,539 997,641

Growth 2016-2021 0.42% 0.54% 0.93%

Growth 2010-2016 0.16% 0.27% 0.77%

Growth 2000-2010 -2.87% -1.51% 0.94%

Households

2021 Projection 38,987 128,354 418,813

2016 Estimate 38,494 126,908 412,748

2010 Census 37,848 125,262 406,160

2000 Census 38,273 125,412 397,369

Growth 2016-2021 1.28% 1.14% 1.47%

Growth 2010-2016 1.71% 1.31% 1.62%

Growth 2000-2010 -1.11% -0.12% 2.21%

Income

$0 - $15,000 9.61% 11.45% 15.31%

$15,000 - $24,999 10.42% 11.65% 12.62%

$25,000 - $34,999 9.64% 11.15% 11.38%

$35,000 - $49,999 14.02% 14.02% 13.95%

$50,000 - $74,999 18.49% 18.76% 17.15%

$75,000 - $99,999 13.72% 12.70% 11.25%

$100,000 - $124,999 9.15% 8.06% 7.10%

$125,000 - $149,999 5.24% 4.65% 4.03%

$150,000 - $199,999 4.93% 4.12% 3.82%

$200,000 - $249,999 1.93% 1.46% 1.41%

$250,000 - $499,999 2.13% 1.51% 1.52%

$500,000+ 0.71% 0.46% 0.46%

2016 Est. Average Household Income $76,432 $68,660 $64,308

2016 Est. Median Household Income $58,523 $52,306 $46,502

12 DEMOGRAPHICS

Demographics Report

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City Overview

WAUWATOSA, WISCONSINLocated just 15 minutes west of downtown Milwaukee, Wauwatosa is an urban enclave with a charming small town feel. The city is home to the Milwaukee Regional Medical Center as well as several colleges and universities. Stroll through the picturesque, European-style village center where the streets are lined with historic buildings and upscale boutiques, a French cafe/patisserie, handcrafted chocolatier, fine dining and a wine bistro. Tosa’s neighborhoods are filled with unique local shops and restaurants, and many of Milwaukee’s most popular spots are opening up second locations in this neighboring city. You’ll also find entertainment in the form of street festivals, live music, theatrical performances, a locally-owned movie theater and so much more.

MILWAUKEE, WISCONSIN

As the largest city in Wisconsin, Milwaukee is a city that celebrates all four seasons – the apple blossoms and emerald carpets of spring, the refreshing lake breezes of summer, the brilliant colors of fall and the glistening, peaceful snows of winter. It is both big enough to offer professional sports and world-class performing arts, yet small enough to navigate with ease. From May through September, the city vibrates with a dizzying array of outdoor activities, including parades, music festivals, ethnic celebrations and church socials, bicycle races, sailing regattas, block parties and art fairs. For sports fans, there’s a year-round menu of events that includes professional basketball, football, baseball, soccer and hockey games, as well as NCAA Division 1 college basketball and Big 10 football.

TOP EMPLOYERS - METRO MILWAUKEE1. Aurora Health Care

2. Wheaton Franciscan Healthcare

3. Froedtert & Community Health

4. Roundy’s

5. Kohl’s Corp.

6. GE Healthcare Technologies

7. Quad/Graphics, Inc.

8. Medical College of WI

9. Northwestern Mutual

10. ProHealth Care, Inc.

841 Apollo Street, Suite 150 | El Segundo, CA 90245 | www.matthews.com™

7-Eleven11216 W Bluemound Rd, Wauwatosa, WI 53226

OFFERING MEMORANDUM

Beau BeachBroker of Record

License No. 55685-90

Aron ClineVP & Sr. Director

License No. 01904371O 310.919.5816M 818.632.0233aron.cline@matthews.com

Matt CoatesAssociate

License No. 01980718wO 310.919.5805M 714.366.1236matt.coates@matthews.com