OFFER ING MEMORANDUM

2596 S 9TH STREET | SAL INA , KS 67401

AT & TC B R E C A P I TA L M A R K E T S

2596 S 9TH STREET | SALINA, KS 67401

2

AT&T

JARED AUBREYSENIOR V ICE PRES IDENT+1 214 252 1031ja red .aub rey@cbre . com

M ICHAEL AUSTRYVICE PRES IDENT+1 214 252 1115michae l .aus t r y@cbre . com

OFFERING SUMMARY

EXCLUSIVE MARKETING ADVISORS: M IKE K LAMMBROKER OF RECORDL IC . 00042396

NET OPERATING INCOME $86,400

YEAR BUILT 2017

GROSS LEASABLE AREA 2,250 SF

LAND AREA .31 ACRES

LEASE TERM 7 YEARS

LEASE COMMENCEMENT JANUARY 2018

LEASE EXPIRATION JANUARY 2025

REMAINING TERM 6.5 YEARS

LEASE TYPE NN

ROOF & STRUCTURE LANDLORD

INCREASES YES

OPTION YES

OPTIONS TO PURCHASE NO

GUARANTOR CORPORATE

$Offering Price:$1,299,250

%Cap Rate:

6.65%

YEARS COMMENCEMENT ANNUAL RENT INCREASE

1-7 JANUARY 2018 $86,400 -

OPTION 1 (8-12) JANUARY 2025 $99,360 15%

OPTION 2 (13-17) JANUARY 2030 TBD MARKET

NET OPERATING INCOME $86,400

2596 S 9TH STREET | SALINA, KS 67401

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AT&T

INVESTMENT HIGHLIGHTS

+ New 2017 Construction

+ Small Price-Point Asset, Significantly Less Than Most On-Market AT&T Offerings – Allows investor to purchase an asset with strong real estate fundamentals that isn’t artificially inflated due to a lease with tenant improvements

+ Strong Guarantor – The Franchisee operates over 1,400 AT&T mobility stores across the US. Subsidiary of publicly traded GameStop Corp. (NYSEL GME). GameStop operates over 7,000 locations across 14 countries

+ Rare 15% Rental Increase in Option - Strong Hedge Against Inflation

+ High Visibility, Easy Ingress/Egress & Strong Traffic Counts – Over 23,700 Vehicles Per Day on I-135

+ Major Retail Corridor - Surrounding Retailers Include Wal-Mart, Kohls, Menards, Dollar Tree, Hobby Lobby, Ulta, petco, Dick’s Sporting Goods, Olive Garden, Party City, Sam’s Club, Applebee’s, Target, Lowe’s, Verizon, Aldi, Burger King, Arby’s, Pizza Hut, and more

+ Close Proximity to Central Mall - 486,000 SF mall has maintained 92% occupancy* over the last three years - retailers include JC Penney, Dillard’s, Ross Dress for Less, AMC, Bath & Body Works, Kay Jewelers, Old Navy, Cato, Buckle, Christopher & Banks, GameStop, Hibbett Sports, and more *Source: Salina Journal

2596 S 9TH STREET | SALINA, KS 67401

4

AT&T

TENANT OVERVIEW

AT&T is a telecommunications company providing cell phones, data plans, and tablets. As a global leader in the Telecommunications, Media, and Technology industry, AT&T delivers advanced mobile services, next generation TV, high speed internet, and smart solutions for people and businesses.

TYPE Telecommunications

YEARS IN BUSINESS 132

NO. OF LOCATIONS 16,000

HEADQUARTERS Dallas, TX

WEBSITE www.att.com

GameStop Corp.(NYSE: GME), a Fortune 500 company headquartered in Grapevine, Texas, is a global, omnichannel video game, consumer electronics and wireless services retailer. GameStop operates more than 7,000 stores across 14 countries. The company’s consumer product network also includes www.gamestop.com; www.Kongregate.com, a leading browser-based game site; Game Informer® magazine, the world’s leading print and digital video game publication; and ThinkGeek, www.thinkgeek.com, the premier retailer for the global geek community featuring exclusive and unique video game and pop culture products. In addition, our Technology Brands segment includes Simply Mac and Spring Mobile stores. Simply Mac, www.simplymac.com, operates 74 stores, selling the full line of Apple products, including laptops, tablets, and smartphones and offering Apple certified warranty and repair services. Spring Mobile, www.springmobile.com, sells all of AT&T’s products and services, including DIRECTV through its 1,421 AT&T branded stores and offers pre-paid wireless services, devices and related accessories through its 70 Cricket branded stores in select markets in the U.S.

TYPE Retail

YEARS IN BUSINESS 34

NO. OF LOCATIONS 7,276

HEADQUARTERS Grapevine, TX

WEBSITE www.gamestop.com

2596 S 9TH STREET | SALINA, KS 67401

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AT&T

PROPERTY AERIAL

2596 S 9TH STREET | SALINA, KS 67401

6

AT&T

PROPERTY AERIAL | 1 MILE VIEW

2596 S 9TH STREET | SALINA, KS 67401

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AT&T

SITE DEMOGRAPHICS

7 MI

3 MI

1 MI

5 MI

20,000 10,000 030,000

POPULATION

50,420 20,444

23,700

19,849

13,910

2,784

$61,552

$57,933

$60,985

$61,658

48,793

34,568

7,190

35,000 15,00070,000 30,000105,000 45,000

40,000

140,000 60,0000 0

0

HOUSEHOLDS

AVERAGE HOUSEHOLD INCOME TRAFFIC COUNTS (2017)

I-135

7 MI

3 MI

1 MI

5 MI

7 MI

3 MI

1 MI

5 MI

20,000 60,000

2596 S 9TH STREET | SALINA, KS 67401

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AT&T

WHY SALINA?

Salina, KS is the right place for warm hospitality, and the perfect blend of big-city amenities with small-town ambiance. Salina is located at the crossroads of I-70 and I-135 in central Kansas makes the city an easy destination, and well worth the trip.

MILITARY TOWNSalina has a strong military history, perhaps most notably when Schilling Air Force Base was operational from WWII through the mid-1960s. Schilling served as a Strategic Air Command (SAC) base. Schilling AFB closed in 1965, and with that came the exodus of those service families. However, in recent years, Salina has again emerged as a ‘military town’. This emergence is evident through the significant capital investment of more than $35,000,000 in the last few years to create the Great Plains Joint Training Center (GPJTC). Combining the assets of the Kansas Air and Army National Guard, the GPJTC affords military and civilian organizations an unprecedented opportunity to function jointly using real-world technology to train. The center includes the Smoky Hill Range Complex, the Kansas Reg’l Training Institute, and ‘Crisis City’ - a new Homeland Security Public Safety training facility. St. John’s Military School is also based in Salina.

ARTS & CULTUREA defining aspect of Salina’s lifestyle is the vibrant arts community. View contemporary art or visit an artist’s studio, rock out at an amazing concert, see a stunning play, or listen to a lush symphony. Take a history walk, watch an indie or foreign film, stroll through an enchanting zoo and wildlife museum, or sit in on a book discussion or poetry reading. More than 50 distinct works of art in public places are presented for all to enjoy. Salina bursts at the seams with rural charm and natural beauty, yet entertainment with an urban sensibility flourishes. The result is a vibrant, charming community with a wide array of things to see and do.

ECONOMYSalina is a progressive community with an excellent standard of living. At the junction of two major interstates, the community has built upon its agricultural roots diversifying into the global economy. Salina manufacturing facilities produce more frozen pizzas, lead acid auto batteries and fluorescent lighting than anywhere else in the world. Salina produces equipment to pave roads and buses to drive on them. Salina designs and builds machinery for the agri-culture industry, and the valves to process our grain production. Salina produces aviation components for planes that can land here, and we train pilots, engineers and military personnel who fly and maintain them. Salina is cited as one of the best places to raise kids in the country. The cost of living is competitive, and the ability to attract retail trade from outside the community is the third highest in Kansas.

Source: City of Salina, Salina Arts

2596 S 9TH STREET | SALINA, KS 67401

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AT&T

CBRE, Inc. operates within a global family of companies with many subsidiaries and/or related entities (each an “Affiliate”) engaging in a broad range of commercial real estate businesses including, but not limited to, brokerage services, property and facilities management, valuation, investment fund management and development. At times different Affiliates may represent various clients with competing interests in the same transaction. For example, this Memorandum may be received by our Af-filiates, including CBRE Investors, Inc. or Trammell Crow Company. Those, or other, Affiliates may express an interest in the property described in this Memorandum (the “Property”) may submit an offer to purchase the Property and may be the success-ful bidder for the Property. You hereby acknowledge that possibility and agree that neither CBRE, Inc. nor any involved Affiliate will have any obligation to disclose to you the involvement of any Affiliate in the sale or purchase of the Property. In all instances, however, CBRE, Inc. will act in the best interest of the client(s) it represents in the transaction described in this Memorandum and will not act in concert with or otherwise conduct its business in a way that benefits any Affiliate to the detriment of any other offeror or prospective offeror, but rather will conduct its business in a man-ner consistent with the law and any fiduciary duties owed to the client(s) it represents in the transaction described in this Memorandum.

This is a confidential Memorandum intended solely for your limited use and benefit in determining whether you desire to express further interest in the acquisition of the Property.

This Memorandum contains selected information pertaining to the Property and does not purport to be a representation of the state of affairs of the Property or the own-er of the Property (the “Owner”), to be all-inclusive or to contain all or part of the information which prospective investors may require to evaluate a purchase of real property. All financial projections and information are provided for general reference purposes only and are based on assumptions relating to the general economy, mar-ket conditions, competition and other factors beyond the control of the Owner and CBRE, Inc. Therefore, all projections, assumptions and other information provided and made herein are subject to material variation. All references to acreages, square footages, and other measurements are approximations. Additional information and an opportunity to inspect the Property will be made available to interested and qual-ified prospective purchasers. In this Memorandum, certain documents, including leases and other materials, are described in summary form. These summaries do not

purport to be complete nor necessarily accurate descriptions of the full agreements referenced. Interested parties are expected to review all such summaries and other documents of whatever nature independently and not rely on the contents of this Memorandum in any manner.

Neither the Owner or CBRE, Inc, nor any of their respective directors, officers, Affil-iates or representatives make any representation or warranty, expressed or implied, as to the accuracy or completeness of this Memorandum or any of its contents, and no legal commitment or obligation shall arise by reason of your receipt of this Mem-orandum or use of its contents; and you are to rely solely on your investigations and inspections of the Property in evaluating a possible purchase of the real property.

The Owner expressly reserved the right, at its sole discretion, to reject any or all expressions of interest or offers to purchase the Property, and/or to terminate discus-sions with any entity at any time with or without notice which may arise as a result of review of this Memorandum. The Owner shall have no legal commitment or obli-gation to any entity reviewing this Memorandum or making an offer to purchase the Property unless and until written agreement(s) for the purchase of the Property have been fully executed, delivered and approved by the Owner and any conditions to the Owner’s obligations therein have been satisfied or waived.

By receipt of this Memorandum, you agree that this Memorandum and its contents are of a confidential nature, that you will hold and treat it in the strictest confidence and that you will not disclose this Memorandum or any of its contents to any other entity without the prior written authorization of the Owner or CBRE, Inc. You also agree that you will not use this Memorandum or any of its contents in any manner detrimental to the interest of the Owner or CBRE, Inc.

If after reviewing this Memorandum, you have no further interest in purchasing the Property, kindly return this Memorandum to CBRE, Inc.

DISCLAIMERS

EXCLUSIVE MARKETING ADVISORS

OFFER ING MEMORANDUM

C B R E C A P I TA L M A R K E T SJARED AUBREYSENIOR V ICE PRES IDENT+1 214 252 1031JARED.AUBREY@CBRE .COM

M ICHAEL AUSTRYVICE PRES IDENT+1 214 252 1115MICHAEL .AUSTRY@CBRE .COM

M IKE K LAMMBROKER OF RECORDL IC . 00042396

2596 S 9TH STREET | SAL INA , KS 67401

AT & T