Chicago MSA Net Lease Property For Sale

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Brunswick Zone XL1515 West Aurora Avenue

Naperville, IL 60540 (Chicago MSA)

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1) Confidentiality&Disclaimer

2) ExecutiveSummary

3) PropertyOverview

4) Aerial

5) SitePlan

6) Maps

7) TenantProfile

8) DemographicComparisonReport

9) LocationOverview

10) ContactInformation

TABLE OF CONTENTS

TABLE OF CONTENTS

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TheinformationcontainedinthefollowingOfferingMemorandumisproprietaryandstrictlyconfidential.ItisintendedtobereviewedonlybythepartyreceivingitfromTheBoulderGroupandshouldnotbemadeavailabletoanyotherpersonorentitywithoutthewrittenconsentofTheBoulderGroup.ThisOfferingMemorandumhasbeenpreparedtoprovidesummary,unverifiedinformationtoprospectivepurchasers,andtoestablishonlyapreliminarylevelofinterestinthesubjectproperty.Theinformationcontainedhereinisnotasubstituteforathoroughduediligenceinvestigation.TheBoulderGrouphasnotmadeanyinvestigation,andmakesnowarrantyorrepresentation.TheinformationcontainedinthisOfferingMemorandumhasbeenobtainedfromsourceswebelievetobereliable;however,TheBoulderGrouphasnotverified,andwillnotverify,anyoftheinformationcontainedherein,norhasTheBoulderGroupconductedanyinvestigationregardingthesemattersandmakesnowarrantyorrepresentationwhatsoeverregardingtheaccuracyorcompletenessoftheinformationprovided.Allpotentialbuyersmusttakeappropriatemeasurestoverifyalloftheinformationsetforthherein.

CONFIDENTIALITY & DISCLAIMER

CONFIDENTITALITY & DISCLAIMER

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TheBoulderGroupispleasedtomarketforsaleasingletenantBrunswickZoneXLpropertylocatedwithintheChicagoMSA.The80,425squarefootpropertyislocatedon6.9acresoflandintheprimarytradeareaofNaperville,Illinois.Napervilleisanaffluentcommunitylocatedapproximately30mileswestofdowntownChicago.ThecityofNapervillehasbeenrankedinthetopfiveforMoney Magazine’s: Best Places to Live,threeofthelasteightyears.BrunswickZoneXLhasoperatedatthislocationsince1997andrecentlyextendedtheirleasethroughJune2018withtworentalescalations.Additionally,BrunswickZoneXLfeaturesabelowmarketrentalrate.BrunswickZoneXLisownedandoperatedbyBrunswickCorporation(NYSE:BC),andhasover100locationsintheUnitedStatesandCanada.BrunswickZoneXLisafamilyfuncenterofferingbowling,arcadegames,billiardsandmore.

ThepropertyislocatedalongAuroraAvenue(18,100VPD)approximatelyonemileeastofIllinoisRoute59(50,500VPD).BrunswickZoneXLbenefitsfromits locationintheprimaryretailtradeareaonemilefromWestfieldFoxValley regionalmall.WestfieldFoxValley isanchoredbyMacy’s, JCPenney,Kohl’sandSears.Other retailers intheimmediateareaincludeWal-MartSupercenter,Sam’sClub,SuperTarget,Costco,Lowe’sandHomeDepot.Additionally,thepropertyislocatednearSpringbrookPrairiePavilionretailcenterwhichistenantedbyDicks,WholeFoods,NordstromRackandHomeGoods.Residentslivingwithinonemileofthepropertyenjoyaveragehouseholdincomeofapproximately$120,000annually.BrunswickZoneXLoffers its customers40 lanesofbowling,16billiardstables,eventrooms,gamezonearcade,lazertag,bumpercarsandabar&grill.

BrunswickZoneXL’soriginalfifteenyearleasetermcommencedin1997andBrunswickZoneXLrecentlyextendedtheir lease through June2018. Thenet operating income increasesby2.5% in2016and in2017. The leasehasoneadditional2-yearrenewaloptionwithannual2.5%escalations.TheleaseiscorporatelyguaranteedbyBrunswickCorporation.BrunswickCorporationisapubliclytradedcompanyontheNewYorkStockExchange(BC),withamarketcapitalizationof$3billion.

INVESTMENT HIGHLIGHTS

•LocatedwithintheChicagoMSA•2.5%rentalescalationsin2016andeveryyearthereafter•Belowmarketrentpersquarefoot•Tenanthasbeenatlocationforover16yearsandrecentlyextendedleasethroughJune2018

•Positionedintheprimaryretailtradearea•CloseproximitytoWestfieldFoxValleyregionalmallanchoredbyMacy’s,JCPenney,Kohl’sandSears

•OthernearbyretailersincludeWal-MartSupercenter,Sam’sClub,SuperTarget,Costco,Lowe’sandHomeDepot•Corporatelyguaranteedlease(NYSE:BC)•NapervilleisanaffluentsuburbofChicagowithaveragehouseholdincomeofapproximately$120,000withinonemileoftheproperty

EXECUTIVE SUMMARY

EXECUTIVE SUMMARY

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PROPERTY OVERVIEW

PROPERTY OVERVIEW

Price: $4,400,000

CapRate: 9.68%

RenewalOptions: One2-Year

RentSchedule: NOI RentP/SF EscalationDate

$426,098 $5.30$436,750 $5.43 7/1/2016$447,669 $5.57 7/1/2017$458,860 $5.71 7/1/2018(Option)$470,332 $5.85 7/1/2019

LeaseCommencementDate: April3,1997

LeaseExpirationDate: June30,2018

Tenant: BrunswickZoneXL

Guarantor: BrunswickCorporation(NYSE:BC)

LeaseType: TripleNet

LandlordResponsibilities: StructureOnly

RentableSquareFeet: 80,425

LandSize: 6.9acres

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AERIAL

AERIAL

27,000 VPD

WEST OGDEN AVENUE

50,500 VPD

AURORA AVENUE 18,100 VPD

59

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SITE PLAN

SITE PLAN

AURORA AVENUE

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MAPS

MAPS

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Brunswick Corporation (NYSE: BC) isaUnitedStatesbasedcorporationheadquarteredinLakeForest,Illinois.Brunswick is involved in manufacturing marine boats, marine engines and fitness equipment. BrunswickCorporationalsomanufacturesbilliardsandbowlingequipment,bowlingservices,products,andaccessoriesandoperatesbowlingcentersintheUnitedStatesandCanada.Brunswickreportsthatinthepastfiveyears,theirinternationalsaleshavegrownattwicetherateofdomesticsales.ThecompanyhasestablishedregionalheadquartersinBelgium,AustraliaandDubaitobetterserveitscustomers.

Brunswickownsandoperatesover100“BrunswickZone”locationsthroughouttheUnitedStatesandCanadaofferingfood,arcadegames,bowling,billiardsandlazertag,bumpercarsandeventroomsatselectlocations.BrunswickispubliclytradedontheNewYorkStockExchange(BC)withamarketcapof$3billion.Brunswickhadrevenueofapproximately$3.7billionin2012.

CorporateWebsite: www.brunswick.comBrunswickZoneWebsite: www.bowlbrunswick.comNumberofLocations: 100+StockSymbol: BC:NYSEMarketCapitalization: $3billion

TENANT PROFILE

TENANT PROFILE

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Population 1-mi 3-mi 5-mi

TotalPopulation 10,821 84,911 231,663TotalHouseholds 3,934 32,603 82,544

Income

MedianHouseholdIncome $101,233 $83,319 $94,340AverageHouseholdIncome $119,118 $103,284 $114,070

DEMOGRAPHIC COMPARISON REPORT

DEMOGRAPHIC COMPARISON REPORT

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Naperville islocatedinDuPageandWillCountiesinIllinois.Thepopulationatthe2010censuswas141,853makingitthe5thlargestcityinIllinois.Ina2010studybybizjournals,NapervillewasnamedasthewealthiestcityintheMidwestandeleventhinthenationwithapopulationover75,000.Napervilleislocated28mileswestofdowntownChicagoandconsistentlyranksamongst

thetopcommunitiesinthenationtolive,raisechildrenandretire.NapervillehasbeenrankedinthetopfiveforMoneyMagazines:BestPlacestoLive,threeofthelasteightyears.

Napervillehasadiversifiedemployerbasethatfeatureshightechnologyfirms,retailersandfactories,aswellassmallandhome-basedbusinesses.MajorareaprivateemployersofNapervilleincludeLucentTechnologies,NicorGas,BPAmoco,Tellabs,OndeoNalco,ConAgraFoods,Laidlaw,CalamosInvestments,SolarCommunicationsandKraftFoods.

www.naperville.il.us

Chicago isthemostpopulouscityintheMidwesternUnitedStatesandthethirdmostpopulouscityintheUnitedStateswith2,700,000residents.ChicagoisthecountyseatofCookCounty,thesecondlargestcountyintheUnitedStates.TheChicagoMSAisthethirdmostpopulatedmetropolitanareain theUnitedStateswith9,580,567 residents. TheMSAcoversover1,300squaremilesand six

counties.TheChicagometropolitanareaishometothecorporateheadquartersof57Fortune1000companies,includingBoeing,McDonald’s,Motorola,DiscoverFinancialServicesandUnitedAirlines.Chicagoisamajorhubforindustry,telecommunicationsandinfrastructureandO’HareInternationalAirportisthesecondbusiestairportintheworldintermsoftrafficmovement.

ThemetroisalsoamajorfinancialcenterinNorthAmerica,andishometothelargestfuturesexchangeintheUnitedStates,theCMEGroup.ChicagoisthirdintheworldontheGlobalFinancialCentersIndexwhichranksthecompetitivenessoffinancialcentersbasedonpeople,businessenvironment,marketaccess,infrastructureandgeneralcompetitiveness.

www.cityofchicago.org

LOCATION OVERVIEW

LOCATION OVERVIEW

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666DundeeRoad,Suite1801Northbrook,IL60062

Randy BlanksteinPresident847.562.0003rblank@bouldergroup.com

Jimmy GoodmanPartner847.562.8500jimmy@bouldergroup.com

CONTACT INFORMATION

CONTACT INFORMATION