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SAFELITE SAFELITE AUTOGLASS AUTOGLASS $306,750 | 8.0% CAP 1303 NORTH MAIN STREET DECATUR, IL 62526 RET RETAIL INVESTMENT GR AIL INVESTMENT GROUP, LL OUP, LLC 8255 E RAINTREE DR SUITE 100, SCOTTSDALE, AZ 85260 480.429.4580 RETAIL1031.COM STEVEN D STEVEN DAVIS VIS Managing Member 480.429.4580 [email protected] AZ #BR101032000 MARK MCL MARK MCLOONE OONE Senior Associate 480.429.4580 [email protected] AZ #SA673250000

Offering Memorandum (L) · Decatur , IL 62526 Price: $306,750 Cap Rate: 8.0% Lessee: Safelite Auto (Corporate) Building Size: ±3,060 SF Land Area: ±0.69 AC Lease Expiration: 12/31/2020

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Page 1: Offering Memorandum (L) · Decatur , IL 62526 Price: $306,750 Cap Rate: 8.0% Lessee: Safelite Auto (Corporate) Building Size: ±3,060 SF Land Area: ±0.69 AC Lease Expiration: 12/31/2020

SAFELITESAFELITEAUTOGLASSAUTOGLASS$306,750 | 8.0% CAP

1303 NORTH MAIN STREETDECATUR, IL 62526

M A R K M C LM A R K M C L O O N EO O N E S T E V E N DS T E V E N D AA V I SV I S

480.429.4580 480.429.4580

[email protected] [email protected]

RETRETAIL INVESTMENT GRAIL INVESTMENT GROUP, LLOUP, LLCC

8255 E RAINTREE DR SUITE 100, SCOTTSDALE, AZ 85260

480.429.4580

RETAIL1031.COM

S T E V E N DS T E V E N D AA V I SV I S

Managing Member

480.429.4580

[email protected]

AZ #BR101032000

M A R K M C LM A R K M C L O O N EO O N E

Senior Associate

480.429.4580

[email protected]

AZ #SA673250000

Page 2: Offering Memorandum (L) · Decatur , IL 62526 Price: $306,750 Cap Rate: 8.0% Lessee: Safelite Auto (Corporate) Building Size: ±3,060 SF Land Area: ±0.69 AC Lease Expiration: 12/31/2020

The information contained in this offering memorandum has been obtained from sources we believe reliable; however, Retail Investment Group has not verified, andwill not verify, any of the information contained herein, nor has Retail Investment Group conducted any investigation regarding these matters and makes no warrantyor representation whatsoever regarding the accuracy or completeness of the information provided. All potential buyers must take appropriate measures to verify allof the information set forth herein. Prospective buyers shall be responsible for their costs and expenses of investigating the subject property.

INVESTMENT HIGHLIGHTSINVESTMENT HIGHLIGHTS• Corporate Lease

• Fee Simple - Land and Building

• Signalized Hard Corner Location

• Low Rent

• Average Household Value +$212,000

Within a Mile of Subject Property

• Within ±3 Miles of the Top Three

Employers in the County - Making Up

Over 8,000 Employees

• ±1 Mile from Millikin University with

±2,500 Students

• ±5 Miles from Richland Community

College with over 3,000 Students

PROPERTY INFORMATIONPROPERTY INFORMATION

Address:1303 North Main Street

Decatur , IL 62526

Price: $306,750

Cap Rate: 8.0%

Lessee: Safelite Auto (Corporate)

Building Size: ±3,060 SF

Land Area: ±0.69 AC

LeaseExpiration:

12/31/2020

Options: 1 x 5 Year

NOI $24,540

Lease Type:NN - LL Responsible

for Roof and Structure

Increases:1 x CPI at Beginning of

Each Option Period

SAFELITESAFELITE DECATUR ILLINOISDECATUR ILLINOIS

Page 3: Offering Memorandum (L) · Decatur , IL 62526 Price: $306,750 Cap Rate: 8.0% Lessee: Safelite Auto (Corporate) Building Size: ±3,060 SF Land Area: ±0.69 AC Lease Expiration: 12/31/2020

R E TR E TA I L I N V E S T M E N T G RA I L I N V E S T M E N T G RO U P , L LO U P , L LCC | 8 2 5 5 E R| 8 2 5 5 E RA I N T R E E D R S U I T E 1 0 0 | S C OA I N T R E E D R S U I T E 1 0 0 | S C OT TT TS DS DA L E , A Z 8 5 2 6 0 | 4 8 0 . 4 2 9 . 4 5 8 0 |A L E , A Z 8 5 2 6 0 | 4 8 0 . 4 2 9 . 4 5 8 0 | R E TR E TA I L 1 0 3 1 . C O MA I L 1 0 3 1 . C O M

PROPERTY DESCRIPTIONPROPERTY DESCRIPTIONRetail Investment Group is pleased to be the exclusive listing agent for the Safelite Auto Glass in Decatur, Illinois. The building is ±3,060 square feet and

is located on a signalized hard corner near two universities and the three largest employers in the county.

This property location is directly adjacent to supporting retailers including Walmart, Sam's Club, ALDI, Kroger, Family Dollar, Walgreens, Target,

McDonald's, Burger King, Taco Bell, and Subway. Area generators include the Decatur Memorial Hospital which is just ±1 mile away and has over 2,000

employees, Archer Daniels Midland which is just ±2 miles away and has over 4,000 employees, and Caterpillar which is just ±3 miles away and has

±2,000 employees.

SAFELITESAFELITE DECATUR ILLINOISDECATUR ILLINOIS

Page 4: Offering Memorandum (L) · Decatur , IL 62526 Price: $306,750 Cap Rate: 8.0% Lessee: Safelite Auto (Corporate) Building Size: ±3,060 SF Land Area: ±0.69 AC Lease Expiration: 12/31/2020

R E TR E TA I L I N V E S T M E N T G RA I L I N V E S T M E N T G RO U P , L LO U P , L LCC | 8 2 5 5 E R| 8 2 5 5 E RA I N T R E E D R S U I T E 1 0 0 | S C OA I N T R E E D R S U I T E 1 0 0 | S C OT TT TS DS DA L E , A Z 8 5 2 6 0 | 4 8 0 . 4 2 9 . 4 5 8 0 |A L E , A Z 8 5 2 6 0 | 4 8 0 . 4 2 9 . 4 5 8 0 | R E TR E TA I L 1 0 3 1 . C O MA I L 1 0 3 1 . C O M

LOCATION OVERVIEWLOCATION OVERVIEWDecatur is the largest city and the county seat of Macon County in the U.S.

state of Illinois, with a population of ±76,122. The city is home of private

Millikin University and public Richland Community College. Decatur has vast

industrial and agricultural processing production, including the North

American headquarters of agricultural conglomerate Archer Daniels

Midland, international agribusiness Tate & Lyle's largest corn-processing

plant, and the designing and manufacturing facilities for Caterpillar Inc.'s

wheel-tractor scrapers, off-highway trucks, and large mining trucks.

The USTA/Ursula Beck Pro Tennis Classic has been held annually since

1999. Players from over 20 countries compete for $15,000 in prize money

as well as ATP world ranking points at the Fairview Park Tennis Complex.

The tournament is held for ten consecutive days at Fairview Park

concluding on the first weekend in August.

The Decatur Park District resources include ±2,000 acres of park land, an

indoor sports center, Decatur Airport, three golf courses, softball, soccer

and tennis complexes, athletic fields, a community aquatic center, an

AZA-accredited zoo, and a banquet, food and beverage business.

SAFELITESAFELITE DECATUR ILLINOISDECATUR ILLINOIS

Page 5: Offering Memorandum (L) · Decatur , IL 62526 Price: $306,750 Cap Rate: 8.0% Lessee: Safelite Auto (Corporate) Building Size: ±3,060 SF Land Area: ±0.69 AC Lease Expiration: 12/31/2020

R E TR E TA I L I N V E S T M E N T G RA I L I N V E S T M E N T G RO U P , L LO U P , L LCC | 8 2 5 5 E R| 8 2 5 5 E RA I N T R E E D R S U I T E 1 0 0 | S C OA I N T R E E D R S U I T E 1 0 0 | S C OT TT TS DS DA L E , A Z 8 5 2 6 0 | 4 8 0 . 4 2 9 . 4 5 8 0 |A L E , A Z 8 5 2 6 0 | 4 8 0 . 4 2 9 . 4 5 8 0 | R E TR E TA I L 1 0 3 1 . C O MA I L 1 0 3 1 . C O M

TENANT OVERVIEW-SAFELITE AUTOGLASSTENANT OVERVIEW-SAFELITE AUTOGLASSWith Mobile Glass Shops and stores in all 50 states, Safelite AutoGlass® is the

nation’s largest provider of vehicle glass repair, replacement and calibration

services. Last year, 6 million customers chose Safelite AutoGlass for its 24/7

national contact centers, advanced online scheduling, superior repair and

replacement systems, and the industry’s only nationwide lifetime guarantee.

Safelite AutoGlass is a member of the Safelite® Group family of brands, which

together make a difference in the lives of 10 million customers annually. This

leading service organization, founded in 1947, is reaching record growth thanks

to its People Powered, Customer Driven strategy. The Columbus, Ohio-based

company employs over 13,000 people across the United States.

The company currently serves as a third-party administrator of auto glass claims

for more than 175 insurance and fleet companies, including 19 of the top 30

property and casualty insurance companies. Safelite Solutions manages a

network of approximately 9,000 affiliate providers and operates four national

contact centers in Columbus, Ohio, one in Hiawatha, Iowa and one in Chandler,

Arizona.

Since 2005, the Safelite AutoGlass Foundation has supported organizations

that promote the health and well-being of families. The Foundation administers

giving on behalf of Safelite and its employees, providing support to approved

causes and charities and many giving initiatives in communities where the

company's employees live and work.

SAFELITESAFELITE DECATUR ILLINOISDECATUR ILLINOIS

Page 6: Offering Memorandum (L) · Decatur , IL 62526 Price: $306,750 Cap Rate: 8.0% Lessee: Safelite Auto (Corporate) Building Size: ±3,060 SF Land Area: ±0.69 AC Lease Expiration: 12/31/2020

R E TR E TA I L I N V E S T M E N T G RA I L I N V E S T M E N T G RO U P , L LO U P , L LCC | 8 2 5 5 E R| 8 2 5 5 E RA I N T R E E D R S U I T E 1 0 0 | S C OA I N T R E E D R S U I T E 1 0 0 | S C OT TT TS DS DA L E , A Z 8 5 2 6 0 | 4 8 0 . 4 2 9 . 4 5 8 0 |A L E , A Z 8 5 2 6 0 | 4 8 0 . 4 2 9 . 4 5 8 0 | R E TR E TA I L 1 0 3 1 . C O MA I L 1 0 3 1 . C O M

SAFELITESAFELITE DECATUR ILLINOISDECATUR ILLINOIS

Page 7: Offering Memorandum (L) · Decatur , IL 62526 Price: $306,750 Cap Rate: 8.0% Lessee: Safelite Auto (Corporate) Building Size: ±3,060 SF Land Area: ±0.69 AC Lease Expiration: 12/31/2020

R E TR E TA I L I N V E S T M E N T G RA I L I N V E S T M E N T G RO U P , L LO U P , L LCC | 8 2 5 5 E R| 8 2 5 5 E RA I N T R E E D R S U I T E 1 0 0 | S C OA I N T R E E D R S U I T E 1 0 0 | S C OT TT TS DS DA L E , A Z 8 5 2 6 0 | 4 8 0 . 4 2 9 . 4 5 8 0 |A L E , A Z 8 5 2 6 0 | 4 8 0 . 4 2 9 . 4 5 8 0 | R E TR E TA I L 1 0 3 1 . C O MA I L 1 0 3 1 . C O M

PPOPULAOPULATIONTION 1 MILE1 MILE 3 MILES3 MILES 5 MILES5 MILES

20182018 8,037 79,803 197,948

HOUSEHOLD INCOMEHOUSEHOLD INCOME 1 MILE1 MILE 3 MILES3 MILES 5 MILES5 MILES

20182018 $79,259 $69,593 $69,430

HOUSEHOLDSHOUSEHOLDS 1 MILE1 MILE 3 MILES3 MILES 5 MILES5 MILES

NUMBER OF HHNUMBER OF HH 2,814 29,331 68,703

AVG HH VALUEAVG HH VALUE $212,896 $201,317 $206,239

TRTRAFFICAFFIC N MAIN STN MAIN ST W GRW GRAND AAND AVEVE

VPD/2018VPD/2018 15,700/day 11,900/day

SAFELITESAFELITE DECATUR ILLINOISDECATUR ILLINOIS

Page 8: Offering Memorandum (L) · Decatur , IL 62526 Price: $306,750 Cap Rate: 8.0% Lessee: Safelite Auto (Corporate) Building Size: ±3,060 SF Land Area: ±0.69 AC Lease Expiration: 12/31/2020

The information contained in this offering memorandum has been obtained from sources we believe reliable; however, Retail Investment Group has not verified, and will not verify, any of the information contained herein, nor has Retail Investment Group conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding theaccuracy or completeness of the information provided. All potential buyers must take appropriate measures to verify all of the information set forth herein. Prospective buyers shall be responsible for their costs and expenses of investigating the subject property.

RETRETAIL INVESTMENT GRAIL INVESTMENT GROUP, LLOUP, LLCC | 8255 E RAINTREE DR SUITE 100 | SCOTTSDALE, AZ 85260 | 480.429.4580 | RETAIL1031.COM

M A R K M C LM A R K M C L O O N EO O N E

Senior Associate

480.429.4580

[email protected]

AZ #SA673250000

S T E V E N DS T E V E N D AA V I SV I S

Managing Member

480.429.4580

[email protected]

AZ #BR101032000