100% LEASED - FLEX INDUSTRIAL BUILDING

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1 1012 Airpark Drive Sugar Grove, IL PRESENTED BY: PROPERTY HIGHLIGHTS 45,000 SF Industrial Flex Building 2001 Masonry Construction 100% Leased to 3 Tenants Potential for up to 8 Units 4 Docks - 9 Overhead Doors Close to Aurora Airport

2 All materials and information received or derived from Sperry Van Ness/ Landmark Commercial Real Estate (Neil D. Johnson)(hereinafter collectively Sperry Van Ness ), its directors, officers, agents, advisors, affiliates and/or any third party sources are provided without representation or warranty by Sperry Van Ness its directors, officers, agents, advisors, or affiliates as to completeness, veracity, or accuracy, condition of the property, compliance or lack of compliance with applicable governmental requirements, developability or suitability, financial performance of the property, projected financial performance of the property for any party s intended use or any and all other matters. Neither Sperry Van Ness its directors, officers, agents, advisors, or affiliates makes any representation or warranty, express or implied, as to accuracy or completeness of the any materials or information provided, derived, or received. Materials and information from any source, whether written or verbal, that may be furnished for review are not a substitute for a party s active conduct of its own due diligence to determine these and other matters of significance to such party. Sperry Van Ness will not investigate or verify any such matters or conduct due diligence for a party unless otherwise agreed in writing. EACH PARTY SHALL CONDUCT ITS OWN INDEPENDENT INVESTIGATION AND DUE DILIGENCE. Any party contemplating or under contract or in escrow for a transaction is urged to verify all information and to conduct their own inspections and investigations including through appropriate third party independent professionals selected by such party. All financial data should be verified by the party including by obtaining and reading applicable documents and reports and consulting appropriate independent professionals. Sperry Van Ness makes no warranties and/or representations regarding the veracity, completeness, or relevance of any financial data or assumptions. Sperry Van Ness does not serve as a financial advisor to any party regarding any proposed transaction. All data and assumptions regarding financial performance, including that used for financial modeling purposes, may differ from actual data or performance. Any estimates of market rents and/or projected rents that may be provided to a party do not necessarily mean that rents can be established at or increased to that level. Parties must evaluate any applicable contractual and governmental limitations as well as market conditions, vacancy factors and other issues in order to determine rents from or for the property. Legal questions should be discussed by the party with an attorney. Tax questions should be discussed by the party with a certified public accountant or tax attorney. Title questions should be discussed by the party with a title officer or attorney. Questions regarding the condition of the property and whether the property complies with applicable governmental requirements should be discussed by the party with appropriate engineers, architects, contractors, other consultants and governmental agencies. All properties and services are marketed by Sperry Van Ness in compliance with all applicable fair housing and equal opportunity laws. Sperry Van Ness/ Landmark Commercial Real Estate (Neil D. Johnson) is independently owned and operated.

3 SALE OVERVIEWVIEW SALE PRICE: $3,275,000 CAP RATE: 7.53% NOI: $246,551 LOT SIZE: 4.84 Acres BUILDING SIZE: 45,000 SF GRADE LEVEL DOORS: 8 DOCK HIGH DOORS: 4 CEILING HEIGHT: 17.0 FT YEAR BUILT: 2001 ZONING: M-1 PIN PROPERTY DESCRIPTION 100% leased, multi-tenant, flex industrial warehouse building. Handsome masonry construction. 3 tenants. Built to accommodate 8 units. 2 depressed docks. 2 enclosed docks. 9 overhead doors ft ceiling height a / 277v 3-phase Taxes $41,969. LOCATION OVERVIEWVIEW Located on north side of US Rt 30. Turn north on Dugan and left of Airpark Dr. 1.2 miles from Aurora Municipal Airport entrance. 2.6 miles west of IL Rt 47. Access to I-88 via Route 30/Route 56. MARKET: SUB MARKET: CROSS STREETS: Chicago - Far West Kane County Dugan Rd

4 FOR SALE INDUSTRIAL Front Elevation Central Dock Doors Front Suite Entrance Depressed Dock (1 of 2) Rear Elevation Rear Entrances svnla vnlandma ndmark. rk.c com

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7 TENANT NAME UNIT NUMBER UNIT SIZE (SF) LEASE START LEASE END ANNUALAL RENT % OF BUILDING PRICE PER SF/YR Milgard Manufacturing 1 & 2 10, $57, $5.72 Chicago Tribune 3 & 4 13, $81, $6.23 PolyFirst 5, 6 & 7 15, $76, $5.00 PolyFirst 8 6, $32, $5.00 Totals/Averages 45,000 $248,313 $5.52

8 INCOME SUMMARY FINANCIALS Scheduled Net Rents $248,322 Expense Recovery $55,182 GROSS INCOME $303,504 EXPENSE SUMMARY FINANCIALS Real Estate Taxes (payable 2015) $42,867 Insurance (2014) $3,189 Landscaping (2014) $3,883 Snow Removal (Est avg) $4,000 Utilities (2014) $2,062 Alarm Service (2014) $952 GROSS EXPENSES $56,953 NET OPERATING INCOME $246,551

9 INVESTMENT OVERVIEWVIEW FINANCIALS Price $3,275,000 Price per SF $72.78 CAP Rate 7.5% Total Return (yr 1) $246,551 OPERATING DATA FINANCIALS Gross Scheduled Income $248,262 Other Income $55,182 Total Scheduled Income $303,444 Gross Income $303,504 Operating Expenses $56,953 Net Operating Income $246,551

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11 1012 Airpark Drive

12 Village Information Sugar Grove, IL Sugar Grove is a far west suburban Chicago village in Kane County. It has maintained its quiet country charm while existing in close proximity to a municipal airport, rail system and major road system. It has excellent schools. churches, parks and play areas, extensive youth sports programs and numerous community organizations. It is located 42 miles west of Chicago and is part of the State of Illinois Research & Development Corridor. There is excellent transportation access for business and personal needs. Sugar Grove is the western neighbor to Aurora, the 2nd largest city in Illinois. City Highlights Population 2015: 9,283 Medan Income 2015: $103,372 BNSF (Burlington Northern Santa Fe) Railroad crosses Sugar Grove from east to west, providing a rail spur for industrial opportunities. Airports: Aurora Municipal, Midway, O'Hare Transportation Access: Interstate 88 US Route 30 Illinois Routes 47 & 56 Pace Bus: 3 nearby local routes Chamber of Commerce and Industry Waubonsee Community College Festivals, farmers market

13 County Information Kane County Population 2011: 520,271-94% urban, 6% rural Land Area: 520 square miles Most notable natural feature is the Fox River. The largest cites are situated along the river - Aurora, Elgin, St Charles, Geneva, Batavia The 2030 Land Resource Management Plan divides the county into three areas: Urban Corridor - eastern portion of county Critical Growth Corridor - middle portion of county Agricultural/Rural Corridor - western portion of county Accessible Airports: O'Hare - Chicago Midway - Chicago DuPage - West Chicago Aurora Municipal - Sugar Grove Rail: Metra stops in Elgin, Aurora, Geneva, LaFox, Elburn The county seat is Geneva. Comprised of 16 townships Thriving commercial base. Farming has long been a way of life and an important economic activity in Kane County. Some farmland has been converted to accommodate increased growth. However, official efforts are being made to preserve and protect farmland. Pace Bus Routes Interstates: I-88, I-90 US Highways: 20, 30, 34 Higher Education: Aurora University Judson University Elgin Community College Waubonsee Community College The Forest Preserve District serves to preserve and protect the natural heritage of Kane County approximately 19,932 acres. Extensive biking and hiking trail system

14 Neil Johnson Sperry Van Ness/ Landmark Commercial Real Estate Neil Johnson serves as managing director / broker for Sperry Van Ness / Landmark Commercial Real Estate LLC, specializing in retail, office, and industrial properties - as well as vacant land - in west suburban Chicago. Johnson has 25+ years of experience in commercial real estate brokerage, investment and land development. He has participated in over 600 sale and lease transactions transaction volume has been more than $65 million. Johnson serves as the National Leasing Council Chair for Sperry Van Ness International. Prior to joining Sperry Van Ness, Johnson served as lead broker for the commercial division of Miscella Real Estate in Geneva IL. Memberships & Affiliations International Council of Shopping Centers (ICSC) Phone: Fax: Cell: Address: 25 N Third Street, Suite 200 Geneva, IL Johnson is active in St. Charles, Geneva and Batavia civic groups including chambers of commerce and Illinois Main Street organizations. He serves on the board of directors for the Geneva Chamber of Commerce. Johnson is also an active member of Batavia Covenant Church, where he served as Chairman for three years. Johnson earned a masters degree from Loyola University and a bachelor of arts from North Park College. He was honored with the Community Image Award from the St. Charles Chamber of Commerce, and the Richard H. Driehouse Foundation Award from Landmarks Preservation Council of Illinois for redevelopment of an historic hotel in downtown St. Charles IL.