INVESTMENT OFFERING GANDER MOUNTAIN & SLUMBERLAND US HWY 12 WEST BARABOO WI

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1 GANDER MOUNTAIN & SLUMBERLAND US HWY 12 WEST BARABOO WI GREAT LOCATION OUTSIDE OF MADISON :: MAIN RETAIL CORRIDOR OFFERING HIGHLIGHTS: Great location on a main retail corridor in Baraboo between Madison and Wisconsin Dells areas 71,159 SF shopping center on a 9.14 acre lot (315 W. Pine Street/USH 12) NNN Leases No Landlord responsibility (as per Lease. Potential outlot for future development has an estimated value of $250,000 which makes this investment very attractive to those investors looking for added value. NOI: $205,045 CAP Rate: 8% $2,500,000 FOR MORE INFORMATION PLEASE CONTACT Brian Wolff Vice President O brian.wolff@cbre.com

2 US HWY 12 WEST BARABOO WI GREAT LOCATION :: MAIN RETAIL CORRIDOR 2011 ESTIMATED DEMOGRAPHICS 1 mile 3 mile 5 mile 10 mile POPULATION 3,594 14,757 17,304 28,849 AVG HH INCOME $54,351 $55,075 $56,218 $58,225 AVG AGE TRAFFIC COUNTS HIGHWAY 12 & HIGHWAY 136/ ,500 CPD RENT ROLL RATE PER MO PER YR EXP GANDER MTN $ $12,336 $148,040 10/31/13 SLUMBERLAND $ $4,750 $57,005 12/15/15 $17,087 $205,045 GANDER MTN 48,538 SF SLUMBERLAND 22,621 SF

3 US HWY 12 WEST BARABOO WI GREAT LOCATION :: MAIN RETAIL CORRIDOR POTENTIAL PAD AND BUILDING CONCEPTS:

4 WEST BARABOO WI TENANT INFORMATION: Gander Mountain Company operates the nation s largest retail network of stores for hunting, fishing, camping, and marine products and accessories. Established in 1960, Gander Mountain offers the best assortment of outdoor equipment, firearms, camping supplies, fishing and marine products, technical and rugged outdoor apparel, and technical and casual footwear, as well as gunsmith and archery services. Their stores feature the best selection of national, regional and local brands as well as our own brands. There are 114 conveniently located Gander Mountain outdoor lifestyle stores providing approximately 6.6 million square feet of retail space in 23 states. In 1967, the first Slumberland store opened in Minnesota. Unlike most furniture stores, they started as a mattress and La-Z-Boy specialty shop. Making people comfortable, with their products and their prices, has been their first priority, right from the beginning. Over time, they have expanded their merchandise categories as well as our store count. Today they have 124 stores in 12 states, selling furniture for the rooms that make up the heart of your home. Slumberland is now one of America's top sellers of La-Z-Boy upholstery, as well as the Midwest's largest retailer of Natuzzi leather and both Sealy and Simmons mattresses. Along with our ongoing commitment to value and comfort, we're also determined to satisfy your sense of style. The tenant in this location is a franchisee who operates under the name of JDavis, Inc.

5 WEST BARABOO WI CONDITIONS OF OFFERING: Offering Memorandum and Legal Liability The Offering Memorandum ("The Memorandum") is intended solely for the limited use of The Potential Purchaser in considering whether to pursue negotiations to acquire 315 W. Pine Street, West Baraboo, Wisconsin ("The Property"). The Memorandum, prepared by CBRE, Inc. contains brief, selected information pertaining to the property owned by ("The Owner"), and does not intend to be all-inclusive or to contain all the information which The Potential Purchaser may desire. The Memorandum will be delivered with the understanding that The Potential Purchaser will conduct its own analysis and investigation of The Property, independently and without reliance upon CBRE, Inc., The Owner of The Memorandum and based on such documents, information and other matters as The Potential Purchaser, in its sole discretion, deems appropriate in evaluating a purchase of The Property. In furnishing The Memorandum, CBRE, Inc. and/or The Owner reserve(s) the right to request the return of The Memorandum (including all copies or partial copies), or any other information provided, at any time. Neither The Owner nor CBRE or any of their officers, employees or agents make any representation or warranty, expressed or implied, as to the accuracy or completeness of The Memorandum or any oral or written communication transmitted from CBRE and/or The Owner to The Potential Purchaser and no legal liability is assumed or to be implied with respect thereto. By accepting The Memorandum, The Potential Purchaser agrees that The Memorandum's contents and any other information pertaining to The Property and provided to The Potential Purchaser are confidential and proprietary; that The Memorandum and the information contained therein or provided is the property of The Owner and/or The CBRE; that it will hold and treat The Memorandum and information provided in the strictest confidence; that it will not, directly or indirectly, disclose or permit anyone else to disclose The Memorandum's contents without prior written authorization; and, that it will not use or permit to be used The Memorandum or The Memorandum's contents in any fashion or manner detrimental to the interest of The Owner or CBRE or in violation of the obligation to maintain such information and The Memorandum in strict confidence. However, The Potential Purchaser may disclose such confidential information to its employees, auditors, financial advisors, directors and/or counsel to whom it is reasonably necessary for purposes of evaluating The Property provided such disclosure is made pursuant to this agreement, all reasonable precautions are taken to safeguard the information and parties are informed of the need to maintain the information as confidential. The Owner expressly reserves the right, at its sole discretion, to reject any or all proposals or expression of interest in The Property and to commence, participate in, or terminate discussions with any party at any time with or without notice. Cooperating Broker Policy Neither The Owner nor CBRE will pay a brokerage fee to, or share a brokerage commission to such purchaser (Principal), attempting to act as a cooperating broker. But CBRE will pay a brokerage fee to, or share a brokerage commission with, a cooperating broker representing The Potential Purchaser. However, notwithstanding the issue of commission, The Potential Purchaser may retain the brokerage representative of its choice. All cooperating broker inquiries should be directed to the appropriate CBRE representative.

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