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5626 FRANTZ ROAD DUBLIN, OHIO INVESTMENT INTRODUCTION 43,000 SF • ABSOLUTE NNN LEASE TO SINGLE TENANT • 100% OCCUPIED

5626 FRANTZ ROAD INVESTMENT INTRODUCTION

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Page 1: 5626 FRANTZ ROAD INVESTMENT INTRODUCTION

5626 FRANTZ ROAD DUBLIN, OHIO

INVESTMENT INTRODUCTION

43,000 SF • ABSOLUTE NNN LEASE TO SINGLE TENANT • 100% OCCUPIED

Page 2: 5626 FRANTZ ROAD INVESTMENT INTRODUCTION

The information contained in this Investment Introduction is confidential and is provided for the sole purpose of allowing persons to evaluate whether there is interest in proceeding with further discussions with the owner regarding a possible transaction with respect to 5626 Frantz Road (the “Property”). The information contained herein shall not be photocopied or disclosed to any other party and shall not be used for any other purpose. If the person receiving this Offering Memorandum does not choose to pursue such a transaction, this Offering Memorandum shall be returned to Jones Lang LaSalle. Neither the owner, nor Jones Lang LaSalle, nor any of their officers, directors, employees or agents, assume any responsibility or make any representations or warranties, whether express or implied, by operation of law or otherwise, with respect to the Property or this Offering Memorandum or any information or statements (including financial statements and the condition, quality or fitness of the Property. Such information and statements have in many circumstances been obtained from outside sources, have not been tested or verified and may be subject to errors or omissions. Projections, in particular, are based on various assumptions and subjective determinations as to which no guaranty or assurance can be given. Without limiting the foregoing, in the event this Offering Memorandum contains information relating any hazardous, toxic or dangerous materials in relation to the Property, such information shall in no way be construed as creating any warranties or representations, express or

implied, by operation of law or otherwise, by any party, as to the existence or non-existence or nature of such materials in, under, on or around the Property. Potential investors are urged to perform their own examination and inspection of the Property and information relating to same, and shall rely solely on such examination and investigation and not on this Offering Memorandum or any information or materials contained herein or otherwise provided. The only party authorized to represent the owner of the Property is Jones Lang LaSalle, and the owner shall not be obligated to pay any fees or commissions to any other advisor, broker or representative. Any party entering into a transaction with the owner shall be obligated to pay any fees or commissions due any advisors, brokers or representatives, other than Jones Lang LaSalle, dealing with such party. This Offering Memorandum is provided subject to prior sale or lease, change of price or terms and other changes to the materials, statements and information contained herein or relating to the Property, and is subject to withdrawal, all without notice or any liability. In no event shall the delivery or receipt of this Offering Memorandum be deemed to create any legal obligation to enter into any transaction with respect to the Property, and only a definitive agreement signed by all parties shall create a binding commitment to enter into a transaction.

5626 Frantz Road

Primary Contacts Collin Wheeler Vice President +1 614 460 4491 [email protected] Peter Harwood Executive Vice President +1 312 228 2124 [email protected]

65 East State Street Suite 550 Columbus, OH 43215

Page 3: 5626 FRANTZ ROAD INVESTMENT INTRODUCTION

INVESTMENT INTRODUCTION

Introduction

Jones Lang LaSalle has been exclusively retained to market for sale the fee-simple interest in 5626 Frantz Road, Dublin, OH (the “Property”). The 100% leased Property serves as a regional operations center for Transworld Systems, Inc. (“TSI”), totaling 43,000 square feet of office space on 6.63 acres in the desirable Dublin market. The Property is located within 1-mile of Downtown Old Dublin and Tuttle Crossing Mall, as well as 1-mile from I-270.

The Offering

The Property is 100 percent leased on a triple net basis to TSI through March 31, 2019 and TSI has fully occupied the asset since it was constructed in 1986, providing historic income stability on prime real estate in the affluent Dublin submarket. The 2-story brick building offers the highest parking ratio in the entire Central Ohio office market at 11.27 spaces per 1,000 square feet (485 spaces), making it an ideal setup for any dense user or call center. TSI’s recent lease extension in April of 2014 continued their long-term commitment to the asset. The Property serves as a regional operations center for TSI Financial Services. TSI is an industry leader in providing clients with successful business process outsourcing (BPO) solutions. The outsourcing portfolio includes accounts receivable management, customer management services, and back office services for a diversified customer base. TSI was founded in 1926 and operates over 100 centers across the globe in support of client BPO solutions. TSI produces revenues of over $500 Million annually.

Transaction Summary

Square Feet 43,000

Properties 1

Tenants 1

Occupancy 100%

Tenant Transworld Systems, Inc.

Lease Type: Absolute triple net

Lease Expiration: March 31, 2019

In-Place NOI $387,000 ($9.00 per SF)

Offering Highlights

• Highest parking ratio in the Columbus region (11.27 spaces per 1,000 rsf) • Below-market NNN rent to a single-tenant since building was built in 1986 • Minimal Landlord responsibilities • Institutional-quality construction; developed by Daimler Group • Located in the desirable Dublin submarket wither great interstate access • Versatile building design – easily adapted to multi-tenant use • Open office environment consistent with tenant demands of today 5626 Frantz Road

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Page 4: 5626 FRANTZ ROAD INVESTMENT INTRODUCTION

INVESTMENT INTRODUCTION

Property Description

Address: 5626 Frantz Road - Dublin, Ohio 43017

Building type: Office

Site area: 6.63 acres

Building area: 43,000 s.f.

Floorplate: 21,500 s.f. (2 floors)

Access: Accessible via two points: Frantz Road and Bradenton Ave.

Zoning: PUD

Year Built: 1986

Construction type: Hand-laid masonry construction

Ceiling heights: 8’3” – 8’8” finished

Auto parking: 485 parking spaces

Roof construction / age: Rubber roof membrane

HVAC: Two (2) Trane 75-ton rooftops; two (2) 10-ton Bryant units; One (1) 7-ton Trane; six (6) 5-ton Carrier units

Power: Supplied by American Electric Power

Backup generator: Cummins 350kw diesel (350 gallons); serving the data room and 60 critical seats

UPS: Powerware 9330, 15kVA serving the data room

Fiber / telecom: AT&T

Building security: A Tyco card reader system provides daytime and after-hour access to the building at each interior and exterior door

Elevator: New 4-person passenger elevator being currently installed

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Page 5: 5626 FRANTZ ROAD INVESTMENT INTRODUCTION

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LOCATION AND AMENITIES MAP

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INVESTMENT INTRODUCTION

HOTELS

RETAIL

DINING

1 Holiday Inn Express 2 Extended Stay America 3 Hyatt Place

4 Marriott 5 Homewood Suites 6 La Quinta Inn

1 Walmart 2 Macy’s Furniture 3 Best Buy 4 World Market 5 Sears 6 Macy’s

7 B C International 8 Talbots 9 GameStop 10 Hollister Co 11 New York & Co. 12 Best Buy Mobile

1 Subway 2 Steak ‘n Shake 3 Classics Pizza 4 Jet’s Pizza 5 Ashland & Highland 6 Uno Chicago Grill 7 Subway 8 Panera Bread

9 BJ’s Brewhouse 10 Wendy’s 11 Bob Evans 12 Chipotle Mexican Grill 13 House of Japan 14 LongHorn Steakhouse 15 P.F. Chang’s 16 Noodles & Co.

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MAJOR EMPLOYERS 1 Ashland Chemical 2 Cardinal Health 3 CenturyLink 4 Comp Management 5 Dell

6 Honeywell 7 IBM 8 JP Morgan Chase 9 Nationwide Insurance 10 Ohio Health

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Port Columbus Airport

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Ohio State University

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