WANSFORD WAY PLAZA5621 Wansford Way • Rockford, IL 61109

Offering Memorandum

N O N - E N D O R S E M E N T A N D D I S C L A I M E R N O T I C E

Confidentiality and DisclaimerThe 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 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, 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. Marcus & Millichap is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2018 Marcus & Millichap. All rights reserved.

Non-Endorsement NoticeMarcus & Millichap 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 Marcus & Millichap, its affiliates or subsidiaries, or any agent, product,

service, or commercial listing of Marcus & Millichap, 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.

WANSFORD WAY PLAZA

Rockford, IL

ACT ID Z0260173

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TABLE OF CONTENTS

SECTION

INVESTMENT OVERVIEW 01Offering Summary

Location Overview

Regional Map

Local Map

Aerial Photo

FINANCIAL ANALYSIS 02

Tenant Summary

Lease Expiration Chart

Operating Statement

Notes

Pricing Detail

Acquisition Financing

MARKET OVERVIEW 03

Market Analysis

Demographic Analysis

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INVESTMENT

OVERVIEW

PROPERTY OVERVIEW

WANSFORD CROSSING

PROPERTY OVERVIEW

Marcus & Millichap is pleased to present the Wansford Crossing retail center in Rockford, Illinois. The property is a one story, 13,200-square foot, brick construction building

with seven suites. The property is well located on a hard corner with excellent visibility and two sources of ingress and egress. Wansford Crossing is situated on

approximately 1.47 acres and features approximately 65 parking spots.

Wansford Crossing has been well maintained by current ownership and with the current cash flows should provide stable income for a new owner for many years to come.

Wansford Crossing features a diverse tenant mix with two local restaurants anchoring the property and a variety of retail tenants in the remainder of the space. With the

current leases in place, a new investor will acquire a property that features 54% of the space leased through 2023.

Rockford is the 3rd largest city in Illinois and In 2017, the average household income was $72,218 within a one mile radius of the subject property. The population within a 5

miles radius of this property is approximately 117,000 people. The Rockford MSA features a population of ~350,000 people per the 2010 census. Rockfords cheap cost of

living and low housing cost makes it a great place to do business outside of Chicago. The Rockford region is home to four separate tier-one Aerospace companies and is the

largest center of aerospace production in Illinois and ranks #6 in the US for aerospace production.

PROPERTY OVERVIEW

▪ Rockford is the Third Largest City in Illinois▪

▪ Adjacent to many local, regional, and national retailers▪

▪ 91% Occupied Multi-Tenant Retail Center▪

▪ Upside in Full NNN Lease conversions▪

▪ 20,000 VPD Pass Wansford Crossing▪

▪ 54% of GLA Leased Through 2023

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PROPERTY PHOTO

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EXECUTIVE SUMMARY

OFFERING SUMMARY

MAJOR EMPLOYERS

EMPLOYER # OF EMPLOYEES

Hamilton Sundstrand Corp 2,300

Saint Anthony Medical Center 1,500

Gca Services Group Inc 1,176

Rockford Park District 851

Swedishamerican Hospital 779

Andrews Staffing Inc 750

I D Pennock Branch 680

PCI Services of Illinois 640

Rockford Fire Department 635

Bergstrom Inc 600

Invensys Environmental Contrls 550

Estwing Manufacturing Co Inc 500

DEMOGRAPHICS

1-Miles 3-Miles 5-Miles

2017 Estimate Pop 5,519 52,739 117,003

2017 Census Pop 5,634 53,730 119,397

2017 Estimate HH 2,212 21,334 47,498

2017 Census HH 2,267 21,895 48,827

Median HH Income $61,595 $49,025 $48,364

Per Capita Income $29,011 $25,375 $26,628

Average HH Income $72,218 $62,078 $65,145

VITAL DATA

YEAR 1 YEAR 5

Price $1,324,000 CAP Rate 8.81% 10.11%

Down Payment 25% / $331,000Net Operating Income

$116,688 $133,813

Loan Amount $993,000 Pre Tax Cash Flow 10.49% / $37,190 15.67% / $51,859

Loan Type Financed Total Return (Pre Tax) 18.69% / $61,869 25.68% / $84,988

Interest Rate / Amortization

5.00% / 20 Years

Gross Leasable Area (GLA) 13,255 SF

Price/SF $99.89

Year Built / Renovated 2000

Lot Size 1.46 acre(s)

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THE OFFERING

Property Wansford Crossing

Price $1,324,000

Property Address 5621 Wansford Way, Rockford, IL

Assessors Parcel Number 16-04-204-009

Zoning C-3

SITE DESCRIPTION

Number of Stories One (1)

Year Built/Renovated 2000

Gross Leasable Area 13,255 SF

Ownership Fee Simple

Lot Size 1.46 acre(s)

Parking 90 Free Surface Spaces

Parking Ratio 7.80/1,000 SF

Topography Flat

Access Points Two (2)

CONSTRUCTION

Foundation Concrete Slab

Framing Steel-Frame

Exterior Masonry

Parking Surface Asphalt

Roof Rubber Membrane

PROPOSED FINANCING

First Trust Deed

Loan Amount $993,000

Loan Type Financed

Interest Rate 5.00%

Amortization 20 Years

Loan Term 5 Years

Loan to Value 75%

AERIAL PHOTO

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LOCAL MAP

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LOCATION OVERVIEW

CLOSE PROXIMITY TO:

5621 Wansford Way, Rockford, IL 61109

LOCATION OVERVIEWTENANT SUMMARYPRICING AND VALUATION MATRIX

PROPERTY NAMEWANSFORD WAY PLAZA

PRICING AND VALUATION MATRIX

PROPERTY NAMEWANSFORD CROSSING

LOCATION OVERVIEW

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WANSFORD CROSSING

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FINANCIAL

ANALYSIS

FINANCIAL ANALYSIS

WANSFORD CROSSING

OPERATING STATEMENT

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FINANCIAL ANALYSIS

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TENANT SUMMARY

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MARKET

OVERVIEW

MARKET OVERVIEW

OVERVIEW

CHICAGO

Chicago-Naperville-Elgin is one of the largest metros in the nation.

Also know as the greater Chicagoland area, it is bounded to the east

by Lake Michigan, expands over a 5,000-square-mile region in

northeastern Illinois and extends into Wisconsin and Indiana. The

metro houses 9.6 million people and comprises 14 counties. The city

of Chicago contains 2.7 million residents. The greatest growth during

the past 20 years occurred in the western portion of the region. In

recent years, however, businesses are relocating back into the city to

attract young workers, supporting the development of high-rise

residential towers in the downtown Chicago.

MARKET OVERVIEW

METRO HIGHLIGHTS

THIRD-LARGEST METROPOLITAN AREA

The metro population trails only New York City and

Los Angeles in size. It will expand to nearly 9.9

million residents by 2023.

WEALTH OF INTELLECTUAL CAPITAL

The number of corporate headquarters in Chicago is

second only to New York City. There are 33 Fortune

500 companies based locally.

LARGE, DIVERSE EMPLOYMENT BASE

The Chicago metro employs more than 4.7 million

individuals in an array of industries, including a

growing tech sector.

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MARKET OVERVIEWMARKET OVERVIEW

TRANSPORTATION

▪ The region’s transit network ranks among the largest and most

efficient in the world.

▪ The vast network of freeways, centralized location, largest rail-truck

intermodal facility in the U.S., and the Port of Chicago contribute to

the metro’s position as a major distribution and logistics hub.

▪ Chicago is the nation’s premier freight rail hub, with four carriers,

BNSF, Union Pacific, CSX, and Norfolk Southern, that service the

region.

▪ Amtrak routes originate from Union Station, while the Metra

commuter rail and the Chicago L provide passenger service

throughout the metro area and beyond.

▪ International airports include O’Hare, Midway and Gary/Chicago.

Seven smaller airports also provide air service for the region.

MORE THAN OF ILLINOIS RESIDENTS LIVE IN

THE SUBURBS OF CHICAGO,

MANY OF WHOM COMMUTE INTO

THE CITY FOR WORK40%

16.3Million TEU’s

MOVED THROUGH METRO

IN 2016

3CHICAGO HAS

INTERNATIONAL

AIRPORTS

7FOR FREIGHT, PASSENGER

AND COMMUTER

RAIL LINES

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MARKET OVERVIEW

ECONOMY

▪ The metro has one of the biggest economies in the nation

and is buoyed by its distribution, finance, manufacturing

operations and growing high-tech sectors.

▪ Fortune 500 companies headquartered in the metro include

Boeing, Walgreens, Allstate and McDonald’s.

▪ The area is a major global tourist and convention destination.

Last year, a record 55.2 million people visited the metro,

supporting 146,500 jobs.

▪ Large tech firms such as Amazon, Groupon and Google

attract startup companies.

▪ The workforce is considered one of the most diverse and well

trained among major U.S. metros.

MAJOR AREA EMPLOYERS

Amazon.com, Inc.

Advocate Healthcare

Walmart

Northwestern University

United Continental Holdings Inc.

Allstate Corp.

Walgreens Boots Alliance, Inc.

Abbott Labs

JPMorgan Chase

AT&T

SHARE OF 2017 TOTAL EMPLOYMENT

MANUFACTURING GOVERNMENT

HEALTH SERVICES

EDUCATION AND

+

LEISURE AND HOSPITALITY FINANCIAL ACTIVITIES

CONSTRUCTION

PROFESSIONAL AND

BUSINESS SERVICES

OTHER SERVICES

AND UTILITIES

TRADE, TRANSPORTATION INFORMATION

* Forecast

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9% 18% 7%12% 10%

4%20% 2%4% 15%

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MARKET OVERVIEW

▪ Chicago is the third most populous metro in the U.S. and is

expected to grow by approximately 270,000 people during the next

five years.

▪ Younger professionals moving to the area for employment provide a

skilled workforce and contribute to the median age of 37 years,

below that of the nation.

▪ World-class education institutions including Northwestern University

and the University of Chicago help provide a skilled labor pool.

Nearly 35 percent of residents age 25 and older hold a bachelor’s

degree and of these, 13 percent have also earned a graduate or

professional degree, which is well above the national level.

▪ Local homeownership of 65 percent is slightly above the national

rate of 64 percent.

QUICK FACTS

* Forecast

DEMOGRAPHICS

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2017

MEDIAN AGE:

U.S. Median:

37.8

$65,400

2017 MEDIAN

HOUSEHOLD INCOME:

U.S. Median:

$56,300

3.5M

2017

HOUSEHOLDS:

Growth

2017-2022*:

4.2%

9.6M

2017

POPULATION:

Growth

2017-2022*:

2.8%

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MARKET OVERVIEW

Sources: Marcus & Millichap Research Services; BLS; Bureau of Economic Analysis; Experian; Fortune;

Moody’s Analytics; U.S. Census Bureau

QUALITY OF LIFE

The Chicago metro has something to offer every one of its residents and visitors,

whether it is legendary blues and jazz music, cultural and educational venues,

professional sports, dining, entertainment, shopping or recreational amenities.

The Chicago area’s relative affordability is largely due to its lower housing costs. The

median home price is significantly less than in other cities of its size and is below that

of many smaller cities, including Seattle and Denver.

Cultural activities and venues underpin the metro’s cosmopolitan lifestyle. The region

is home to various well-known museums, including the world-class Field Museum,

Shedd Aquarium, Art Institute of Chicago and Adler Planetarium. The theater scene

rivals the world’s best, and troupes, dance companies, symphony orchestras and

music venues abound.

29 MILESOF SHORELINE

$248,800MEDIAN HOME PRICE VARIOUS MUSUEMS

70

ARTS & ENTERTAINMENT

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PROPERTY NAME

MARKETING TEAM

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DEMOGRAPHICS

Source: © 2017 Experian

Created on April 2018

POPULATION 1 Miles 3 Miles 5 Miles

▪ 2022 Projection

Total Population 5,828 53,686 117,935

▪ 2017 Estimate

Total Population 5,519 52,739 117,003

▪ 2010 Census

Total Population 5,634 53,730 119,397

▪ 2000 Census

Total Population 4,893 50,642 117,459

▪ Current Daytime Population

2017 Estimate 3,776 62,567 134,823

HOUSEHOLDS 1 Miles 3 Miles 5 Miles

▪ 2022 Projection

Total Households 2,362 21,939 48,398

▪ 2017 Estimate

Total Households 2,212 21,334 47,498

Average (Mean) Household Size 2.50 2.43 2.44

▪ 2010 Census

Total Households 2,267 21,895 48,827

▪ 2000 Census

Total Households 1,935 20,839 47,860

▪ Occupied Units

2022 Projection 2,362 21,939 48,398

2017 Estimate 2,398 23,531 53,242

HOUSEHOLDS BY INCOME 1 Miles 3 Miles 5 Miles

▪ 2017 Estimate

$150,000 or More 7.91% 4.44% 5.83%

$100,000 - $149,000 14.07% 10.36% 10.63%

$75,000 - $99,999 17.92% 13.68% 12.54%

$50,000 - $74,999 19.64% 20.60% 19.55%

$35,000 - $49,999 14.89% 16.23% 15.14%

Under $35,000 25.55% 34.68% 36.34%

Average Household Income $72,218 $62,078 $65,145

Median Household Income $61,595 $49,025 $48,364

Per Capita Income $29,011 $25,375 $26,628

HOUSEHOLDS BY EXPENDITURE 1 Miles 3 Miles 5 MilesTotal Average Household Retail Expenditure

$76,754 $66,567 $65,785

▪ Consumer Expenditure Top 10 Categories

Housing $20,706 $17,875 $17,688

Transportation $14,564 $12,194 $12,083

Shelter $12,784 $11,027 $10,888

Food $7,591 $6,725 $6,628

Personal Insurance and Pensions $6,647 $5,371 $5,327

Health Care $5,767 $4,805 $4,783

Utilities $3,796 $3,407 $3,375

Entertainment $3,114 $2,678 $2,645

Household Furnishings and Equipment

$2,137 $1,747 $1,742

Apparel $1,905 $1,608 $1,583

POPULATION PROFILE 1 Miles 3 Miles 5 Miles

▪ Population By Age

2017 Estimate Total Population 5,519 52,739 117,003

Under 20 23.09% 24.28% 25.18%

20 to 34 Years 17.06% 20.87% 19.46%

35 to 39 Years 5.84% 5.97% 5.79%

40 to 49 Years 11.46% 11.77% 11.92%

50 to 64 Years 22.09% 20.20% 20.46%

Age 65+ 20.48% 16.91% 17.18%

Median Age 43.80 39.03 39.63

▪ Population 25+ by Education Level

2017 Estimate Population Age 25+ 3,958 36,263 80,085

Elementary (0-8) 3.42% 3.26% 3.52%

Some High School (9-11) 9.27% 8.03% 9.07%

High School Graduate (12) 28.11% 32.18% 30.50%

Some College (13-15) 26.40% 24.88% 22.96%

Associate Degree Only 10.41% 8.64% 8.16%

Bachelors Degree Only 13.91% 14.18% 14.66%

Graduate Degree 7.18% 7.95% 9.76%

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Income

In 2017, the median household income for your selected geography is

$48,364, compare this to the US average which is currently $56,286.

The median household income for your area has changed by 12.09%

since 2000. It is estimated that the median household income in your

area will be $57,808 five years from now, which represents a change

of 19.53% from the current year.

The current year per capita income in your area is $26,628, compare

this to the US average, which is $30,982. The current year average

household income in your area is $65,145, compare this to the US

average which is $81,217.

Population

In 2017, the population in your selected geography is 117,003. The

population has changed by -0.39% since 2000. It is estimated that

the population in your area will be 117,935.00 five years from now,

which represents a change of 0.80% from the current year. The

current population is 48.62% male and 51.38% female. The median

age of the population in your area is 39.63, compare this to the US

average which is 37.83. The population density in your area is

1,486.75 people per square mile.

Households

There are currently 47,498 households in your selected geography.

The number of households has changed by -0.76% since 2000. It is

estimated that the number of households in your area will be 48,398

five years from now, which represents a change of 1.89% from the

current year. The average household size in your area is 2.44 persons.

Employment

In 2017, there are 62,845 employees in your selected area, this is also

known as the daytime population. The 2000 Census revealed that

59.25% of employees are employed in white-collar occupations in

this geography, and 40.47% are employed in blue-collar occupations.

In 2017, unemployment in this area is 7.22%. In 2000, the average

time traveled to work was 23.00 minutes.

Race and Ethnicity

The current year racial makeup of your selected area is as follows:

72.81% White, 11.36% Black, 0.05% Native American and 4.37%

Asian/Pacific Islander. Compare these to US averages which are:

70.42% White, 12.85% Black, 0.19% Native American and 5.53%

Asian/Pacific Islander. People of Hispanic origin are counted

independently of race.

People of Hispanic origin make up 16.05% of the current year

population in your selected area. Compare this to the US average of

17.88%.

PROPERTY NAME

MARKETING TEAM

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Housing

The median housing value in your area was $119,828 in 2017,

compare this to the US average of $193,953. In 2000, there were

32,135 owner occupied housing units in your area and there were

15,724 renter occupied housing units in your area. The median rent at

the time was $442.

Source: © 2017 Experian

DEMOGRAPHICS

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DEMOGRAPHICS

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BROKER OF RECORDSTEVEN WEINSTOCK

One Mid-America Plaza Ste 200Oak Brook Terrace, IL 60181

Tel: (630)570-2250License: 471.011175