FIRESTONE - NNNDeal.com

FIRESTONE3624 Diamond DriveMcHenry, IL 60051

PRICED ON DECEMBER RENTS FOR BUYER TO BENEFIT IN ADVNACE OF ESCALATION

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Marcus & Millichap hereby advises all prospective purchasers of Net Leased property as follows:

The information contained in this Marketing Brochure has been obtained from sources we believe to be reliable. However, Marcus & Millichap has not and will not verify any of this information, nor has Marcus & Millichap conducted any investigation regarding these matters. Marcus & Millichap

makes no guarantee, warranty or representation whatsoever about the accuracy or completeness of any information provided.

As the Buyer of a net leased property, 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 your thorough due diligence investigation of this investment opportu-

nity. Marcus & Millichap expressly denies any obligation to conduct a due diligence examination of this Property for 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 you depends on factors that should be evaluated by you and your tax, financial and

legal advisors.

Buyer and Buyer’s tax, financial, legal, and construction advisors should conduct a careful, independent investigation of any net leased property to deter-mine to your satisfaction with the suitability of the property for your needs.

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 con-sideration, it is not a guarantee of future success. 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 Marcus & Millichap Real Estate Investment Services and hold it harmless from any kind of claim, cost, expense, or liability arising out of your investigation and/or purchase of this net leased property.

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CONFIDENTIALITY AND DISCLAIMER

The information contained in the following Marketing Brochure is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from Marcus & Millichap and should not be made available to any other person or entity without the written consent of Marcus & Millichap. This Marketing Brochure 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. Marcus & Millichap has not made any investigation, and makes no warranty or representation, with respect to the income or expenses for the subject property, the

future projected financial performance of the property, the size and square footage of the property and improvements, the presence or absence of contaminating substanc-es, PCB’s or asbestos, the compliance with State and Federal regulations, the physical condition of the improvements thereon, or

the financial condition or business prospects of any tenant, or any tenant’s plans or intentions to continue its occupancy of the subject property. The information contained in this Marketing Brochure has been obtained from sources we believe to be reliable; however, Marcus & Millichap has not verified, and will not verify, any of the information contained herein, nor has Marcus & Millichap 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.

NON-ENDORSEMENT NOTICE

Marcus & Millichap Real Estate Investment Services, Inc. (“M&M”) is not affiliated with, sponsored by, or endorsed by any commercial tenant or lessee identified in this marketing package. 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 M&M, its affiliates or subsidiaries, or any agent, product, service, or commercial listing of M&M, and is solely included for the purpose of providing tenant lessee information about this listing to prospective customers.

ALL PROPERTY SHOWINGS ARE BY APPOINTMENT ONLY. PLEASE CONSULT YOUR MARCUS & MILLICHAP AGENT FOR MORE DETAILS.

BROKER OF RECORD:

John Przybyla | Marcus & Millichap | 333 W Wacker Dr, Suite 200 Chicago, IL 60606 | License: 471010441

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Firestone Investment Overview

This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Any projections, opinions, assumptions or estimates used herein are for example purposes only and do not represent the current or future performance of the property. Marcus & Millichap Real Estate Investment Services is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2011 Marcus & Millichap

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• Adjacent to North Richmond Road - a Main North-SouthThoroughfare with Over 24,200 Vehicles per Day

• Corporate NN Lease with 5.3 Years Remaining on the Base Term

• 6.50% Rental Increases Every Five-Years

• High Quality 2008 Build to Suit Construction Adjacent to aRelocated Walmart Supercenter and a 274,000-Square FootShopping Center

• 0.0% Vacancy Rate Within a 1-Mile Radius of the SubjectProperty for STNL Properties

• Average Household Income Exceeding $78,000 Within a 3-MileRadius

Marcus and Millichap is pleased to present a Firestone investment opportunity located at 3624 Diamond Drive in McHenry, Illinois. The subject property is a free-standing, 7,575-square foot, build to suit location that was constructed in 2008. Firestone is currently operating under a double-net (NN) lease with 5.3 years remaining on the base term with four five-year options to renew. Built into the lease are 6.50% rental increases that will provide a hedge against inflation.

The asset benefits from being adjacent to Richmond Road, the busiest street in McHenry, with over 24,200 vehicles per day. In addition, the subject property is within the heart of the retail corridor of McHenry. Surrounding retailers include Walmart Supercenter, JC Penny, Best Buy, Old Navy, PetSmart, Bed Bath Beyond, Dick’s Sporting Goods, Dairy Queen, Dunkin Donuts and many more.

The City of McHenry is a diverse community offering a variety of housing choices, a wide range of employment options, and unparalleled access to recreational activities. Situated in the Heart of the Fox River/Chain of Lakes, just 50 miles northwest of Chicago, the City of McHenry is located in one of Illionois’ fastest growing counties. McHenry is conveniently located at the intersection of State Routes 120 and 31 in northeast Illinois, minutes away from Interstates 90, 94 and 43. Locally, the community is served by METRA, Chicagoland Commuter Rail Service, and PACE suburban bus service.

PRICED ON DECEMBER 2018 RENT TO BUYER'S BENEFIT

Firestone Pricing and Financial Analysis


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Offering SummaryPurchase Price $3,050,000CAP Rate 8.25%Price Per SF $402.64GLA 7,575 SFLot Size 1.52 AcresYear Built 2008

Vital Data*Net Operating Income $251,643.70Lease Type Double-Net (NN)Lease Term 15 YearsLease Commencement 12/8/2008Lease Expiration 12/7/2023Lease Term Remaining 5.3 YearsIncreases 6.5% Every Five YearsOptions Four Five-Year

Tenant

Tenant Trade Name Firestone Complete Auto Care

Ownership PublicLease Guarantor CorporateHeadquarters Nashville, TNYears in the Business 118 Years

Firestone Tenant Overview


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Property Name Firestone Complete Auto CareProperty Type Net Leased AutomotiveTotal GLA 7,575

Tenant Trade Name Firestone Ventures Inc.Ownership PublicTenant Firestone Complete Auto CareHeadquarters Nashville, TNNumber of Locations 1,600+Website www.firestonecompleteautocare.com

Lease Commencement Date 12/8/2008Rent Commencement Date 12/8/2008Lease Expiration Date 12/7/2023Term Remaining on Lease 5.3 YearsLease Type Double-Net (NN)Roof Structure Landlord ResponsibleOriginal Lease Term 15 Years*Net Operating Income $251,643.70Increases 6.5% Every Five YearsOptions Four Five-Year

The Firestone Tire and Rubber Company is an American tire company founded by Harvey Samuel Firestone in 1900 to supply pneumatic tires for wagons, buggies, and other forms of wheeled transportation common in the era. Recognizing the intro-duction of the automobile at the turn of the century as an opportunity for marketing tires for automobiles, Firestone pioneered the mass production of the rubber tire. As an industry leader in the tire replacement market, Harvey Firestone was also tapped by Henry Ford as the original equipment supplier of Ford Motor Company automobiles, a partnership that continued for several decades.

Bridgestone Americas’ corporate family traces its roots to two distinguished com-panies— The Firestone Tire & Rubber Company, which Harvey Firestone formed in Akron, Ohio in August 1900, and the Bridgestone Tire Company Ltd., which Sho-jiro Ishibashi started in Japan in 1931. Bridgestone Corporation purchased Fires-tone in 1988 for $2.6 billion, transforming the companies’ combined operations into the world’s largest tire and rubber company. The operations in the Americas were renamed Bridgestone/Firestone, Inc. and became the largest subsidiary of Bridge-stone. As part of its integration with Bridgestone’s existing U.S. operations, Bridge-stone/Firestone moved its headquarters from Akron to Nashville in 1992.

*NOI based on December 2018 rent, with Seller credit at COE. Current rents actually are: $236,285.16

Firestone Location Map


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Firestone Retail Aerial


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Firestone Demographic Report


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Population 1-Mile 3-Miles 5-Miles2000 Population 2,795 27,290 56,2912010 Population 3,416 31,397 65,7092014 Population 3,450 31,176 65,60620189Population 3,686 32,752 69,591

Household 1-Mile 3-Miles 5-Miles2000 Households 1,049 10,044 20,2532010 Households 1,282 11,793 24,5412014 Households 1,300 11,718 24,5402019 Households 1,393 12,399 26,2262014 Average Household Size 2.57 2.67 2.662014 Daytime Population 1,631 10,621 22,3712000 Owner Occupied Housing Units 64.52% 75.18% 77.70%2000 Renter Occupied Housing Units 30.99% 20.09% 15.93%2000 Vacant 4.49% 4.73% 6.37%2014 Owner Occupied Housing Units 69.09% 77.25% 80.04%2014 Renter Occupied Housing Units 30.91% 22.75% 19.96%2014 Vacant 7.91% 8.02% 9.14%2019 Owner Occupied Housing Units 69.27% 77.35% 79.95%2019 Renter Occupied Housing Units 30.73% 22.65% 20.05%2019 Vacant 8.35% 8.43% 9.44%

Population 1-Mile 3-Miles 5-Miles$0 - $14,999 11.3% 7.8% 6.9%$15,000 - $24,999 16.9% 9.0% 7.3%$25,000 - $34,999 8.0% 8.8% 8.5%$35,000 - $49,999 8.8% 11.1% 12.7%

$50,000 - $74,999 15.0% 21.4% 20.7%$75,000 - $99,999 17.0% 17.3% 17.0%$100,000 - $124,999 11.5% 11.4% 12.0%$125,000 - $149,999 4.2% 5.6% 6.4%$150,000 - $199,999 4.9% 4.6% 4.8%$200,000 - $249,999 1.0% 1.1% 1.5%$250,000 + 1.3% 2.0% 2.2%2014 Median Household Income $58,859 $65,236 $67,2292014 Per Capita Income $26,016 $29,651 $31,0052014 Average Household Income $69,007 $78,686 $82,769

Traffic CountsNorth Richmond Road 24,200 Vehicles per Day

Firestone Demographic Report


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Population:In 2014, the population in your selected geography is 65,605. The popula-tion has changed by 16.54% since 2000. It is estimated that the population in your area will be 69,591 five years from now, which represents a change of 6.07% from the current year. The current population is 49.96% male and 50.03% female. The median age of the population in your area is 39.3, compare this to the Entire US average which is 37.3. The population density in your area is 833.62 people per square mile.

Households:There are currently 24,540 households in your selected geography. The num-ber of households has changed by 21.16% since 2000. It is estimated that the number of households in your area will be 26,226 five years from now, which represents a change of 6.87% from the current year. The average household size in your area is 2.66 persons.

Income:In 2014, the median household income for your selected geography is $67,229, compare this to the Entire US average which is currently $51,972. The median household income for your area has changed by 15.37% since 2000. It is estimated that the median household income in your area will be $80,766 five years from now, which represents a change of 20.13% from the current year.

The current year per capita income in your area is $31,005, compare this to the Entire US average, which is $28,599. The current year average household income in your area is $82,769, compare this to the Entire US average which is $74,533.

Race & Ethnicity:The current year racial makeup of your selected area is as follows: 92.41% White, 0.79% Black, 0.02% Native American and 1.20% Asian/Pacific Islander. Compare these to Entire US averages which are: 71.60% White, 12.70% Black, 0.18% Native American and 5.02% Asian/Pacific Islander.

People of Hispanic origin are counted independently of race. People of His-panic origin make up 9.75% of the current year population in your selected area. Compare this to the Entire US average of 17.13%.

Housing:In 2000, there were 16,806 owner occupied housing units in your area and there were 3,446 renter occupied housing units in your area. The median rent at the time was $702.

Employment:In 2014, there are 22,371 employees in your selected area, this is also known as the daytime population. The 2000 Census revealed that 57.34% of em-ployees are employed in white-collar occupations in this geography, and 42.51% are employed in blue-collar occupations. In 2014, unemployment in this area is 8.73%. In 2000, the average time traveled to work was 34.6 minutes.

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FIRESTONE - NNNDeal.com