United States Postal Service & Athena Private WealthOffering Memorandum // 684 Lee Street, Des Plaines, IL 60016touchstone

C O M M E R C I A L P A R T N E R S

JAMIE HARRISON415.539.1106

harrison@tcpre.com

www.uspsinvestments.comTOUCHSTONE COMMERCIAL PARTNERS

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PROPERTYOVERVIEWOFFERING SUMMARYUnited States Postal Service & Athena Private Wealth

$1,275,000Asking Price

+/- 6,133 SFOccupancy:

USPS +/- 2,170 SFAthena +/- 3,963 SF

7.5%Cap Rate

+/- 8,858 SFLot Size

1921Year Built

%

www.uspsinvestments.comTOUCHSTONE COMMERCIAL PARTNERS

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LEASE SUMMARYUnited States Postal Service & Athena Private Wealth

EXPENSES

TENANTS Athena Private Wealth

ADDRESS 684 Lee Street, Des Plaines, IL 60016

RENT PSF $19.50 PSF

LEASE TYPE Gross

LEASE TERM Lease Expires Oct 31, 2025

OPTION None

TERMINATION None

EXPENSES

TENANTS United States Postal Service

ADDRESS 684 Lee Street, Des Plaines, IL 60016

RENT PSF $21.62 PSF

LEASE TYPE Gross

LEASE TERM Lease Expires April 30, 2026

OPTION None

TERMINATION None

The United States Postal Service employs some 617,000 workers, making it the third-largest civilian employer in the United States behind the federal government and Wal-Mart. The United States Postal Service delivers an estimated 660 million pieces of mail to as many as 142 million delivery points. As of 2014, the USPS operates 31,000 post offices and locations in the U.S., and delivers 155 billion pieces of mail annually.

Financial planning advisory firm with over 90 years of combined experience. A private wealth advisor with the large firm capability with a personal, fiduciary approach.

https://www.athenaprivatewealth.com/about-us

www.uspsinvestments.comTOUCHSTONE COMMERCIAL PARTNERS

44

INCOME & EXPENSESUnited States Postal Service & Athena Private Wealth

INCOME

USPS Rent $46,918*

Athena Rent $77,292**

TOTAL RENTS $124,210

USPS RE Taxes Reimbursed*** $20,908

GROSS ANNUAL INCOME $145,118

EXPENSES

Maintenance / Snow Removal / Reserves $3,779

Insurance $2,098

RE Taxes - 1st Install $23,493

2nd Install $20,219

TOTAL EXPENSES $49,589

NET OPERATING INCOME $95,529

*Current rent is $42,651 and increases to $46,918 5/1/2021 **The rent increases by the CPI index annually on May 1st ***USPS reimburses for 39.7% of the property tax bill

www.uspsinvestments.comTOUCHSTONE COMMERCIAL PARTNERS 55

DEMOGRAPHICSUnited States Postal Service & Athena Private Wealth

5 Mile Radius 10 Mile Radius 15 Mile Radius

POPU

LATI

ONHO

USEH

OLDS

INCO

ME

Estimated Population (2020) 18,843 129,826 314,578

Projected Population (2025) 18,000 124,638 302,829

Census Population (2010) 17,774 129,853 313,809

Census Population (2000) 15,971 129,111 311,829

Projected Annual Growth (2020 to 2025) -0.90% -0.80% -0.70%

Historical Annual Growth (2000 to 2020) 0.90% - -

Projected Households (2025) 8,949 51,588 125,267

Census Households (2010) 8,233 50,040 121,000

Census Households (2000) 7,212 49,777 120,030

Projected Annual Growth (2020 to 2025) -0.60% -0.40% -0.40%

Historical Annual Growth (2000 to 2020) 1.40% 0.30% 0.30%

Estimated Average Household Income (2020) $83,382 $92,711 $109,770

Estimated Median Household Income (2020) $63,546 $74,031 $83,274

2020 Estimated Per Capita Income $40,802 $37,763 $44,678

20 MILE RADIUS

POPULATION

1,348,740 530,991 $120,332HOUSEHOLDS INCOME

www.uspsinvestments.comTOUCHSTONE COMMERCIAL PARTNERS 66

The southeast corner of Ellinwood Street and Graceland Avenue will experience a redevelopment renaissance with a brand-new, luxury mixed-use development. This 1.9-acre development takes advantage of a strategic downtown location that is adjacent to the downtown Des Plaines Metra platform and just steps from shops, restaurants and the Des Plaines Theatre. The new mixed-use building will entail 212 luxury rental units, over 10,000 square feet of restaurant prepped space, over 400 indoor parking spaces and world class amenities.

In fact, this project will introduce a series of amenities spaces that is not present in the downtown district including: over 20,000 square feet of green roofs and terrace spaces, a third-floor pool, a collaborative business center, a seventh floor SkyLounge, a dog spa with an outdoor dog run, a yoga studio, a cycling and fitness studio, indoor bicycle storage and a media lounge. This development will start construction in 2020 with anticipated occupancy in 2021.

MAJOR RESIDENTIAL DEVELOPMENT SURROUNDING THIS LOCATIONDes Plaines, IL

“Bayview-Compasspoint is Largest Downtown Redevelopment Project in Recent Memory”

www.uspsinvestments.comTOUCHSTONE COMMERCIAL PARTNERS 77

Metropolitan Square Shopping Mall

MYSTIC WATERS FAMILYAQUATIC CENTER

Jidd MotorsShopping Mall

North ElementarySchool

CentralElementary School

AERIAL OVERVIEWUnited States Postal Service & Athena Private Wealth

www.uspsinvestments.comTOUCHSTONE COMMERCIAL PARTNERS 88

LOCATION OVERVIEWUnited States Postal Service & Athena Private Wealth

Des Plaines Metra Station7 Stops to Reach Chicago

2 MIN

Touchstone Commercial Partners presents 684 Lee Street, Des Plaines, IL 60016 (“Property”) for your acquisition. Touchstone Commercial Partners and owner provides the material presented herein without representation or warranty. A substantial portion of information was obtained from sources other than actual knowledge and not all sources can be absolutely confirmed. Moreover, all information is subject to changes by the parties involved as to price or terms before sale, to withdrawal of the Property from the market, and to other events beyond the control of Touchstone Commercial Partners or owner. No representation is made as to the value of this possible investment other than hypothetical scenarios. It is encouraged that you or any of your affiliates consult your business, tax and legal advisors before making a final determination of value or suitability of the Property for acquisition. As a condition of Touchstone Commercial Partners’ consent to communicate the information contained herein–as well as any information that may be communicated to you subsequently either verbally or in writing by Touchstone Commercial Partners, owner or agents of either of these parties regarding the Property–it is required that you agree to treat all such information confidentially.

JAMIE HARRISON415.539.1106harrison@tcpre.com CA DRE # 01364847

touchstoneC O M M E R C I A L P A R T N E R SCorp. Lic. 01112906www.tcpre.com

Broker of RecordPace Properties1401 South Brentwood Blvd, #900St. Louis, MO 63144jcpiapciak@paceproperties.com