100% LEASED MULTI-TENANT RETAIL

Norfolk Retail500 & 506 S 13th StreetNorfolk, NE

Monte Froehlich, CCIM, SIOR, SEC

Tel 402.805.4136

Cell 402.202.1776

monte.froehlich@usproperty.biz

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ERConfidentiality & 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 U.S. Property and should not be made available to any other person or entity without the written consent of U.S. Property. 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. U.S. Property 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 substances, 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, U.S. Property has not verified, and will not verify, any of the information contained herein, nor has U.S. Property 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

U.S. Property 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 U.S. Property, its affiliates or subsidiaries, or any agent, product, service, or commerciallisting of U.S. Property, 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 U.S. PROPERTY AGENT FOR MORE DETAILS.

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TS1 - PROPERTY INFORMATION

• Executive Summary

• Site Plan

• Additional Photos

• Tenant Profiles

2 - LOCATION INFORMATION

• Market Overview / Location Information

• Surrounding Users

• Regional Maps

1 - PROPERTY INFORMATION

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YAerial View

Property Details

Sale Price $4,200,264

Cap Rate 7.29%

NOI $306,114

Lot Size 188’ x 315’

Building Sizes 6,400 SF & 6,528 SF

Year(s) Built 2011 & 2008

Number of Tenants 6

Property Overview

Fully leased strip center in prime location on four lane Highway 81. Six tenants include Midwest Bank, Verizon, Jimmy John’s, Royal Image Salon, WellCare and Cody’s Grill. Two of the tenants recently renewed leases for 10 years.

Building 500, built in 2011 is 6,400SF and Building 506, built in 2008 is 6,528 SF.

Property Highlights

• 100% Leased

• Strategically Located along Hwy 81 – 17,000 cars per day

• Quality Construction

• Two tenants with recent 10 year renewal

• CAN ADD: Vacant lot and/or rental house(s)

• Includes $173,000 of new restaurant equipment in Ste 100

EXCESS LAND

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Verizon - Interior

500 S 13th - Exterior

Exteriors

Royal Image Salon & Spa - Interior

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Cody’s Mexican Grill - Interior

Midwest Bank - Interior

Jimmy John’s - Interior

Royal Image Salon & Spa - Interior

*Drive thru is now Cody’s Mexican Gri l l

TENANT PROFILES

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Midwest Bank Verizon

Midwest Bank focuses on the financial and civic needs in the markets they serve. The bank’s solid capital position provides the financial strength to support larger lending limits, new loan types, and the latest customer conveniences and technological advances. This, together with a strong emphasis on personal service, allows Midwest bank and its clients to excel in the communities they serve.

Verizon Wireless is the largest U.S. wireless communications service provider as of September 2014, with 147 million mobile customers. As of 2017, Verizon is the only publicly-traded telecommunications company to have two stock listings in its home country, both the NYSE (principal) and NASDAQ (secondary).

Jimmy John’s

Jimmy John’s is an American franchised sandwich restaurant chain, specializing in delivery. The company has more than 2,800 locations in all states except Alaska, Connecticut, Hawaii, Maine, New Hampshire, Rhode Island and Vermont. Jimmy John’s has opened approximately 200 locations per year over the past three years. As of 2014, 98% of the locations are franchise-owned.

Royal Image Salon & Spa

Royal Image Salon & Spa opened in 2008 and is owned by Kent McCallum, Cali Wachholtz, and Julie Clausen. They have several cosmetologists and barbers, as well as an esthestician and massage therapist, to meet all of Norfolk’s beauty needs.

Royal Image Salon & Spa is a Redken elite full-service salon. Services include barber shaves, hair cuts, manicures, pedicures, makeup application, permanent makeup, lash extensions, facials, body waxing and massage.

They also offer several services provided by JK Laser. JK Laser services include Fillers, Exilis, Micro Channeling and Laser hair removal.

2 - LOCATION INFORMATION

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Norfolk Census & Economy

Norfolk is a city in Madison County, Nebraska, United States, 113 miles northwest of Omaha and 83 miles west of Sioux City atthe intersection of U.S. Routes 81 and 275. The population was 24,210 at the 2010 census, making it the ninth-largest city in Nebraska. At the 2010 census there were 9,910 households and 6.005 families residing in the city. The median age in the city was 35.5 years.

- Norfolk is the principal retail center of northeastern Nebraska. Other significant elements of the local economy include agriculture, manufacturing, and services including education and health care.

- It is the principal city of the Norfolk Micropolitan Statistical Area. The city has a total area of 10.78 square miles, of which, 10.69 square miles is land and .09 square miles is water.

- Traffic Count at this site is 17,000 cars per day.

Major Local Manufacturers

• Nucor – employs about 900 people

• Covidien – employs about 440 people

• Veyance Technologies – employs about 350 people

• Norfolk Iron & Metal – employs about 320 people

• Wis-Pak – employes about 100 people

Major Non-Manufacturing Employers

• Wal-Mart – employs about 410 people

• Associated Wholesale Grocers – employs about 650 people (formerly known as Affiliated Foods Midwest)

• Faith Regional Health Services – employs about 1,300 people

• Norfolk Public Schools – employs about 700 people

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NPRIMARY RETAIL TRADE AREA

Norfolk is the major retail trade center for northeast Nebraska. The economy is comprised of activities in agriculture (both grain and livestock farming), manufacturing, and services (including retail and wholesale trade, education, and health care).The primary retail trade area extends approximately 39 miles north, 38 miles northeast, 26 miles south, and 55 miles northwest and contains approximately 74,000 people. Norfolk firms with retail sales tax permits reported retail sales of $585,104,940 in 2017, while Madison County reported retail sales of $625,051,243. Wholesale firms in the community distribute groceries, food, soft drinks, beer, farm products, bottles, oil and gas, agriculture, well installation equipment, janitorial products, welding, paper products, steel, syringes, electronic resistors, burial vaults, construction materials, high pressure/hydraulic hoses, and treated cellulose insulation.

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NSURROUNDING USERS MAP

500 & 506 S 13th Street Retail buildings are situated right on Highway 81, the main highway running North/South through Norfolk. Located within blocks from: Burger King, Applebee’s, Subway, Runza, McDonalds, Scooters, KFC, Wendy’s and Valentino’s. Also nearby are UPS, Shell, Target/Starbucks and Wells Fargo Bank.

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NREGIONAL MAP

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PRESENTED BY U.S. PROPERTY

Monte Froehlich, CCIM, SIOR, SEC

Tel 402.805.4136

Cell 402.202.1776

monte.froehlich@usproperty.biz