offering memorandum | stop 11 center · 100-percent occupied, four-tenant, prime midwest retail...

)

INTERNET-RESISTANT NNN RETAIL OUTPARCEL ( INDIANAPOLIS MSA)

OFFERING MEMORANDUM | STOP 11 CENTER

Actual Subject Photo 1155 East Stop 11 Road Indianapolis Indiana 46227

GOOGLE EARTH

Borders Are Approximate

Greenwood Place Shopping Center 38 Acres Land | 378000 Sq Ft GLA

SUBJECT Stop 11 Center7000 Sq Ft GLA

JIMMY JOHNrsquoS

COFFEEPIZZA JUNKIEZ

EAST STOP 11 ROAD - 18800 VPD (2016)

HIGHWAY US-31 - 52000 VPD (2016)

MCDONALDrsquoS


OFFICE DEVELOPMENT

HIGHLY VISIBLE SITE WITH OVER 70000 VEHICLES PER DAY

STRONG 5-MILE POPULATION OF OVER 199000 RESIDENTS

NORTH10 MILES

UNDERCONSTRUCTION


Greenwood Point Retail Center 136000 Sq Ft GLA

COFFEEPIZZA JUNKIEZ

EAST STOP 11 ROAD

18800 VPD (2016)

HIGHWAY US-31 - 52000 VPD (2016)Borders Are Approximate Borders Are Approximate

FLOURISHING TRADE AREA WITH NEARBY DEVELOPMENT OF THE WILDLY POPULAR CHICAGO-BASED TENANT PORTILLOrsquoS


JIMMY JOHNrsquoS

SOUTH15 MILES

UNDERCONSTRUCTION

INCOME amp EXPENSE SUMMARY

Current Rent $185930

Total Reimbursements $46131

Expenses $48748

NOI $183314

VITAL DATA

Price $2600000

Cap Rate 705

Price per Square Foot $371

Gross Leasable Area 7000 Sq Ft

Year Built 2008

Lot Size 118 Acres +-

Type of Ownership Fee Simple

Occupancy 100

National Tenants Jimmy Johnrsquos amp T Mobile

Lease Type NNN

1155 E STOP 11 RD INDIANAPOLIS IN 46227

PRICE$2600000

CAP RATE705

NOI$183314

100-Percent Occupied Four-Tenant Prime Midwest Retail Center

Hard Corner Strategic Signalized Intersection Site at US-31 amp Stop 11

Excellent Exposure The Site is Highly Visible to Over 70000 VPD

Greenwood is an Affluent Suburb of Indianapolis MSA | Pop Over 2M

Established Tenant Mix with Successful Operating History

The Tamale Place has Been Featured on Dinerrsquos Drive-Ins and Dives

Surrounded by Retail in a Bustling Corridor with Over 500000 Square

Feet within One Block

Stable Outparcel to Greenwood Point Retail Center Tenanted by Hobby

Lobby Michaels Portillorsquos Buffalo Wild Wings Chevrolet and Car-X

This information has been secured from sources we believe to be reliable but we make no representations or warranties expressed or implied as to the accuracy of the information References to square footage or age are approximate Buyer must verify the information and bears all risk for any inaccuracies Any projections opinions assumptions or estimates used herein are for example purposes only and do not represent the current or future performance of the property Marcus amp Millichap Real Estate Investment Services is a service mark of Marcus amp Millichap Real Estate Investment Services Inc copy 2018 Marcus amp Millichap ACTIVITY ID Z0260232

PROPOSED FINANCING SUMMARY

Proposed First Loan $1820000

Proposed Terms of New Debt 475 25-Yr Amo 5-Yr Term

Annual Debt Service Payment $124513

Pre-Tax Cash Flow $57750











Greenwood is South Central Indianarsquos Retail and Dining Destination

Anchored by Simonrsquos Greenwood Park Mall the State of Indianarsquos 2nd

Largest Enclosed Shopping Mall (15 Miles from Subject)

Strong Midwest Demographics 5-Mile Population 199422 | 5-Mile

Average Household Income $68819

Population Growth Since 2000 24-Percent within 1-Mile amp 28-Percent

within 5-Miles of the Subject

Only 10 Miles from Downtown Indianapolis | Major Points of Interest

Lucas Oil Stadium Bankerrsquos Life Fieldhouse State Capitol Building

and Indianapolis Zoo amp Indiana Convention Center

INVESTMENT HIGHLIGHTS

1155 E STOP 11 RDindianapolis IN

Radius 1-Mile 3-Mile 5-Mile

2000 Population 10396 78148 1559842010 Population 12491 84737 1898802017 Population Estimate 12932 87637 1994222022 Population Projection 13419 90851 2137452017 Daytime Population 11434 76067 161060

2000 Households 4490 31671 624462010 Households 4982 34583 752702017 Households Estimate 5121 35753 790792022 Households Projection 5374 37574 858102017 Average HH Size 247 242 248

Median Household Income $41204 $50954 $53529Per Capita Income $20992 $26184 $27452Average Household Income $52776 $63931 $68819

Source Experian Data amp Analytics 2018

Population

Households

Income

DEMOGRAPHICSMAJOR AREA EMPLOYERS

Price First Loan Amount

Down Payment 3000 Terms Interest

Current CAP 705 Year Amortization

740 Year Term

7000 Monthly Payment

$37143

Debt Coverage Ratio 147

Year Built 2008

Lot Size 118 Acres

70 Spaces

Current Rents

185930 $ 27677 $

CAM Tax Ins Reimbursement 41786 $ 4979 $

MgmtAdmin Reimbursement 4345 $ 9130 $

6962 $

232061 $

$0 000

232061 $

48748 $

183314 $ 705

Capital Reserves ($15) 1050 $

124514 $

57750 $ 740

38903 $

96653 $ 1239 48748 $ 696 $

$1820000

Summary

$1037614

Proposed Financing

Annual Payment $12451363

$2600000

$780000 475

25

Cash on Cash 5

Approx Gross Leasable Area

Price per Gross Square Foot

Parking

Annualized Operating Data Expenses

Taxes (2018 Budget)Scheduled Gross Income 395 $

071 $

130 $

30

Insurance (2018 Budget)

CAM (2018 Budget)

Management

Less Expenses

Total Expenses

Net Operating Income

Total Income

Vacancy

Gross Operating Income

Per Rentable Square Foot

Loan Payments

Pre Tax Cash Flow

Plus Principal Reduction

Total Return Before Taxes

1

FINANCIAL SUMMARYSTOP 11 CENTER

100 OCCUPANCY

INTERNET RESISTANT

RENT ROLL

NATIONALTENANTS


STABLE INVESTMENT


Approx As Lease Lease Current Current Approx Annual Annual Lease

GLA GLA Start Expiration Monthly Annual Annual CTI MgmtAdmin Type

Suite Tenant Rent ($) Rent ($) RentSqFt Reimb Reimb

A Jimmy Johns 1610 2300 7112 123121 $462000 $5544000 $3443 $961081 $20999 NNN

B iMechanic 1400 2000 4117 53122 $268333 $3219996 $2300 $835723 $138691 NNN

C T-Mobile 1400 2000 9112 103123 $322667 $3872004 $2766 $835723 $18260 NNN

D The Tamale Place 2590 3700 1114 33120 $496417 $5957004 $2300 $1546087 $256578 NNN

Totals 7000 $15494 $185930 $2656 $4178614 $434528

10000 7000 10000 $15494 $185930 $2656

000 0 000 $0 $0 DIV0

Occupied

Vacant

Rent Roll

Stop 11 Center

Indianapolis Indiana

TENANT OVERVIEW

TCC Wireless has grown to become one of the largest independent T-Mobile premium retailers in the nation The company started with four locations and has quickly expanded to over 150 locations throughout the East and Midwest regions of the United States As Americarsquos Un-carrier T-Mobile US Inc provides wireless voice messaging and data services in the United States Puerto Rico and the US Virgin Islands under the T-Mobile MetroPCS and GoSmart Mobile brands

TCC Wireless has Over 150 Locations TCC Wireless is Headquartered in Carol Stream Illinois T-Mobile Americarsquos ldquoUn-carrierrdquo with Tremendous Customer Base

Nationwide Branding Recognition and Recent Merger with Sprint wwwtccmobilecom

TCC WIRELESS | T - MOBILE RETAILER

Jimmy Johnrsquos Franchise LLC operates and franchises restaurants that offer gourmet sandwiches with fast delivery throughout the United States It also provides sides such as potato chips cookies and pickle beverages and catering services Jimmy Johnrsquos was named 1 on the Entrepreneur 2016 Franchise 500 and CNNMoney listed Jimmy Johnrsquos as one of ten ldquoGreat Franchise Betsrdquo In March 2017 Jimmy Johnrsquos won Franchise Timesrsquo ldquoDeal of the Yearrdquo for attracting Roark Capital Group as the companyrsquos new majority owner

Founded in 1983 by James John Liautaud ldquoFreaky Fastrdquo Delivery Branding More than 2700 Locations More than 5000 Employees Headquartered in Champaign Illinois wwwjimmyjohnscom

J IMMY JOHNrsquoS

PRIVATELY HELD OWNER-OPERATOR

AVERAGE ANNUAL GROSS SALES$1128600

AVERAGE NET PROFIT

$110000

TICKER SYMBOLldquoTMUSrdquo

2018 T-MOBILE CUSTOMERS

74 MILLION

THIRD LARGEST WIRELESS NETWORK

IN THE US

NASDAQ

TENANT OVERVIEW

THE TAMALE PLACE

Founded in 2010 in Bloomington Indiana iMechanic has become a leader in consumer electronic repair Services include high quality repairs for iPhone Android smartphones Mac PC tablets gaming consoles TVs drones and more The company focuses on community customer service and up-to-date digital marketing to meet consumer needs Over the last eight years iMechanic has grown to become a franchise with locations in both Illinois and Indiana All repair work done on products is backed up with a lifetime warranty and the company offers same-day repairs for quick service and convenience

Founded and Headquartered in 2010 in Bloomington Indiana Eight Locations in Indiana and Two in Illinois Same-Day Repair Since Day One wwwimechaniccom

IMECHANIC APPLE IPHONE REPAIR

EXPANDING LOCATIONS

SAME DAY REPAIRS

LIFETIME WARRANTIES

FEATURED ON THE TV SHOW DINERS DRIVE-INS amp DIVES

PRIVATELY HELD OWNER-

OPERATOR

ALL-NATURAL HANDMADE AND

PRESERVATIVE FREE

Featured on the Food Network by Guy Fierirsquos Diners Drive-Ins and Dives The Tamale Place serves all-natural preservative-free mexican food made from scratch The half-pound tamales are $359 each and range from mild spicy no meat and sweet Additionally the menu includes tacos nachos tortas sides combos and drinks and also offers carry-out

Founded in 1999 by Local Owners Three Locations throughout Indianapolis as of 2014 wwwthetamaleplacecom

SUBJECT PHOTOGRAPHSSUBJECT PHOTOGRAPHS

AREA PHOTOGRAPHS

UNDER CONSTRUCTION

21

FLOOR PLAN



SUITE A SUITE B SUITE C SUITE D

JIMMYJOHNrsquoS

2 MILLIONMETRO POPULATION

PROJECTION FOR 2020 SOURCE US CENSUS BUREAU

INDIANA BUSINESS RESEARCH CENTER

STOP 11 CENTERGREENWOOD IN

10 MILESFROM INDIANAPOLIS

INTERNATIONAL AIRPORT8700000 PASSENGERS IN 2017

21FORBES ldquoBEST PLACES

FOR BUSINESS AND CAREERSrdquo

2017 RANKING

10 MILESFROM HEART OF DOWNTOWN INDY

LARGEST EMPLOYMENT CLUSTER IN THE STATE

GREENWOOD IN INDIANAPOLIS METRO

Greenwood is a city in Johnson County Indiana The city shares a border with Indianapolis and is the most populous suburb in the southern portion of the Indianapolis Metropolitan Area The Indianapolis metro IndianapolisndashCarmelndashAnderson contains a population of approximately 19 million people and is situated in central Indiana The metro consists of 11 counties Marion Johnson Hamilton Boone Hendricks Morgan Hancock Shelby Brown Putnam and Madison Indianapolis also anchors the larger IndianapolisndashCarmelndashMuncie combined statistical area (CSA) with a 2372570 as of 2016

Indianapolis has a diversified economy with major contributions from education health care and finance Tourism is also a vital part of the economy as the city plays host to several high-profile auto races including the Indianapolis 500 and Brickyard 400 Races are hosted at the Indianapolis Motor Speedway and the Lucas Oil Raceway The metro has two major league sports teams the Indianapolis Colts (NFL) and the Indiana Pacers (NBA) which draw tourists to the Lucas Oil Stadium and Bankers Life Fieldhouse The area also has a vibrant cultural and arts scene with more than 200 art galleries and dealers the Indianapolis Symphony Orchestra and the Childrenrsquos Museum of Indianapolis one of the largest childrenrsquos museums in the world

Indianapolis underwent an economic renaissance during the past two decades diversifying from a manufacturing-based economy into a variety of other employment sectors The metro is one of the key health-sciences centers in the nation anchored by several pharmaceutical and life-sciences companies The metro is accessible to a large portion of the nation in one day by ground or air making the region a burgeoning logistics and distribution hub Annual GMP tops the national level a trend that is set to persist over the next five years

CONFIDENTIALITY amp DISCLAIMER

The information contained in the following Marketing Brochure is proprietary and strictly

confidential It is intended to be reviewed only by the party receiving it from Marcus amp Millichap

and should not be made available to any other person or entity without the written consent of

Marcus amp Millichap This Marketing Brochure has been prepared to provide summary unverified

information to prospective purchasers and to establish only a preliminary level of interest in

the subject property The information contained herein is not a substitute for a thorough due

diligence investigation Marcus amp Millichap has not made any investigation and makes no

warranty or representation with respect to the income or expenses for the subject property

the future projected financial performance of the property the size and square footage of

the property and improvements the presence or absence of contaminating substances

PCBrsquos or asbestos the compliance with State and Federal regulations the physical

condition of the improvements thereon or the financial condition or business prospects

of any tenant or any tenantrsquos plans or intentions to continue its occupancy of the subject

property The information contained in this Marketing Brochure has been obtained from

sources we believe to be reliable however Marcus amp Millichap has not verified and will not

verify any of the information contained herein nor has Marcus amp Millichap conducted any

investigation regarding these matters and makes no warranty or representation whatsoever

regarding the accuracy or completeness of the information provided All potential buyers

must take appropriate measures to verify all of the information set forth herein Marcus amp

Millichap is a service mark of Marcus amp Millichap Real Estate Investment Services Inc copy

2018 Marcus amp Millichap All rights reserved

NON-ENDORSEMENT NOTICEMarcus amp Millichap is not affiliated with sponsored by or endorsed by any commercial tenant or lessee identified in this marketing package The presence of any corporationrsquos logo or name is not intended to indicate or imply affiliation with or sponsorship or endorsement by said corporation of Marcus amp Millichap its affiliates or subsidiaries or any agent product service or commercial listing of Marcus amp Millichap and is solely included for the purpose of providing tenant lessee information about this listing to prospective customers

ALL PROPERTY SHOWINGS ARE BY APPOINTMENT ONLY

PLEASE CONSULT YOUR MARCUS amp MILLICHAP AGENT FOR MORE DETAILS

DISCLAIMER A MEMBER OF THE OWNING ENTITY IS A LICENSED REAL ESTATE

BROKER IN THE STATE OF INDIANA

ACT ID Z0260232

NET-LEASED DISCLAIMER Marcus amp Millichap hereby advises all prospective purchasers of Net Leased property as followsThe information contained in this Marketing Brochure has been obtained from sources we believe to be reliable However Marcus amp Millichap has not and will not verify any of this information nor has Marcus amp Millichap conducted any investigation regarding these matters Marcus amp Millichap makes no guarantee warranty or representation whatsoever about the accuracy or completeness of any information provided

As the Buyer of a net leased property it is the Buyerrsquos responsibility to independently confirm the accuracy and completeness of all material information before completing any purchase This Marketing Brochure is not a substitute for your thorough due diligence investigation of this investment opportunity Marcus amp Millichap expressly denies any obligation to conduct a due diligence examination of this Property for Buyer

Any projections opinions assumptions or estimates used in this Marketing Brochure are for example only and do not represent the current or future performance of this property The value of a net leased property to you depends on factors that should be evaluated by you and your tax financial and legal advisors

Buyer and Buyerrsquos tax financial legal and construction advisors should conduct a careful independent investigation of any net leased property to determine to your satisfaction with the suitability of the property for your needs

Like all real estate investments this investment carries significant risks Buyer and Buyerrsquos legal and financial advisors must request and carefully review all legal and financial documents related to the property and tenant While the tenantrsquos past performance at this or other locations is an important consideration it is not a guarantee of future success Similarly the lease rate for some properties including newly-constructed facilities or newly-acquired locations may be set based on a tenantrsquos projected sales with little or no record of actual performance or comparable rents for the area Returns are not guaranteed the tenant and any guarantors may fail to pay the lease rent or property taxes or may fail to comply with other material terms of the lease cash flow may be interrupted in part or in whole due to market economic environmental or other conditions Regardless of tenant history and lease guarantees Buyer is responsible for conducting hisher own investigation of all matters affecting the intrinsic value of the property and the value of any long-term lease including the likelihood of locating a replacement tenant if the current tenant should default or abandon the property and the lease terms that Buyer may be able to negotiate with a potential replacement tenant considering the location of the property and Buyerrsquos legal ability to make alternate use of the property

By accepting this Marketing Brochure you agree to release Marcus amp Millichap Real Estate Investment Services and hold it harmless from any kind of claim cost expense or liability arising out of your investigation andor purchase of this net leased property

OFFICES NATIONWIDE bull WWWMARCUSMILLICHAPCOM

Subject Photo


SUBJECT PROPERTY

BROKER OF RECORD

Josh CaruanaLicense PB20803582


Greenwood Place Shopping Center 38 Acres Land | 378000 Sq Ft GLA


JIMMY JOHNrsquoS

COFFEEPIZZA JUNKIEZ

EAST STOP 11 ROAD - 18800 VPD (2016)

HIGHWAY US-31 - 52000 VPD (2016)

MCDONALDrsquoS


OFFICE DEVELOPMENT

HIGHLY VISIBLE SITE WITH OVER 70000 VEHICLES PER DAY

STRONG 5-MILE POPULATION OF OVER 199000 RESIDENTS

NORTH10 MILES

UNDERCONSTRUCTION



COFFEEPIZZA JUNKIEZ

EAST STOP 11 ROAD

18800 VPD (2016)




JIMMY JOHNrsquoS

SOUTH15 MILES

UNDERCONSTRUCTION




Expenses $48748

NOI $183314

VITAL DATA

Price $2600000

Cap Rate 705



Year Built 2008



Occupancy 100


Lease Type NNN


PRICE$2600000

CAP RATE705

NOI$183314












































Population

Households

Income





740 Year Term


$37143


Year Built 2008

Lot Size 118 Acres

70 Spaces

Current Rents

185930 $ 27677 $



6962 $

232061 $

$0 000

232061 $

48748 $

183314 $ 705


124514 $

57750 $ 740

38903 $

96653 $ 1239 48748 $ 696 $

$1820000

Summary

$1037614

Proposed Financing


$2600000

$780000 475

25

Cash on Cash 5



Parking



071 $

130 $

30


CAM (2018 Budget)

Management

Less Expenses

Total Expenses


Total Income

Vacancy



Loan Payments

Pre Tax Cash Flow



1


100 OCCUPANCY

INTERNET RESISTANT

RENT ROLL

NATIONALTENANTS


STABLE INVESTMENT





A Jimmy Johns 1610 2300 7112 123121 $462000 $5544000 $3443 $961081 $20999 NNN

B iMechanic 1400 2000 4117 53122 $268333 $3219996 $2300 $835723 $138691 NNN

C T-Mobile 1400 2000 9112 103123 $322667 $3872004 $2766 $835723 $18260 NNN


Totals 7000 $15494 $185930 $2656 $4178614 $434528

10000 7000 10000 $15494 $185930 $2656

000 0 000 $0 $0 DIV0

Occupied

Vacant

Rent Roll

Stop 11 Center


TENANT OVERVIEW







J IMMY JOHNrsquoS



AVERAGE NET PROFIT

$110000



74 MILLION


IN THE US

NASDAQ

TENANT OVERVIEW

THE TAMALE PLACE




EXPANDING LOCATIONS

SAME DAY REPAIRS

LIFETIME WARRANTIES



OPERATOR


PRESERVATIVE FREE




AREA PHOTOGRAPHS

UNDER CONSTRUCTION

21

FLOOR PLAN




JIMMYJOHNrsquoS









2017 RANKING


































ACT ID Z0260232








Subject Photo


SUBJECT PROPERTY

BROKER OF RECORD




COFFEEPIZZA JUNKIEZ

EAST STOP 11 ROAD

18800 VPD (2016)




JIMMY JOHNrsquoS

SOUTH15 MILES

UNDERCONSTRUCTION




Expenses $48748

NOI $183314

VITAL DATA

Price $2600000

Cap Rate 705



Year Built 2008



Occupancy 100


Lease Type NNN


PRICE$2600000

CAP RATE705

NOI$183314












































Population

Households

Income





740 Year Term


$37143


Year Built 2008

Lot Size 118 Acres

70 Spaces

Current Rents

185930 $ 27677 $



6962 $

232061 $

$0 000

232061 $

48748 $

183314 $ 705


124514 $

57750 $ 740

38903 $

96653 $ 1239 48748 $ 696 $

$1820000

Summary

$1037614

Proposed Financing


$2600000

$780000 475

25

Cash on Cash 5



Parking



071 $

130 $

30


CAM (2018 Budget)

Management

Less Expenses

Total Expenses


Total Income

Vacancy



Loan Payments

Pre Tax Cash Flow



1


100 OCCUPANCY

INTERNET RESISTANT

RENT ROLL

NATIONALTENANTS


STABLE INVESTMENT





A Jimmy Johns 1610 2300 7112 123121 $462000 $5544000 $3443 $961081 $20999 NNN

B iMechanic 1400 2000 4117 53122 $268333 $3219996 $2300 $835723 $138691 NNN

C T-Mobile 1400 2000 9112 103123 $322667 $3872004 $2766 $835723 $18260 NNN


Totals 7000 $15494 $185930 $2656 $4178614 $434528

10000 7000 10000 $15494 $185930 $2656

000 0 000 $0 $0 DIV0

Occupied

Vacant

Rent Roll

Stop 11 Center


TENANT OVERVIEW







J IMMY JOHNrsquoS



AVERAGE NET PROFIT

$110000



74 MILLION


IN THE US

NASDAQ

TENANT OVERVIEW

THE TAMALE PLACE




EXPANDING LOCATIONS

SAME DAY REPAIRS

LIFETIME WARRANTIES



OPERATOR


PRESERVATIVE FREE




AREA PHOTOGRAPHS

UNDER CONSTRUCTION

21

FLOOR PLAN




JIMMYJOHNrsquoS









2017 RANKING


































ACT ID Z0260232








Subject Photo


SUBJECT PROPERTY

BROKER OF RECORD





Expenses $48748

NOI $183314

VITAL DATA

Price $2600000

Cap Rate 705



Year Built 2008



Occupancy 100


Lease Type NNN


PRICE$2600000

CAP RATE705

NOI$183314












































Population

Households

Income





740 Year Term


$37143


Year Built 2008

Lot Size 118 Acres

70 Spaces

Current Rents

185930 $ 27677 $



6962 $

232061 $

$0 000

232061 $

48748 $

183314 $ 705


124514 $

57750 $ 740

38903 $

96653 $ 1239 48748 $ 696 $

$1820000

Summary

$1037614

Proposed Financing


$2600000

$780000 475

25

Cash on Cash 5



Parking



071 $

130 $

30


CAM (2018 Budget)

Management

Less Expenses

Total Expenses


Total Income

Vacancy



Loan Payments

Pre Tax Cash Flow



1


100 OCCUPANCY

INTERNET RESISTANT

RENT ROLL

NATIONALTENANTS


STABLE INVESTMENT





A Jimmy Johns 1610 2300 7112 123121 $462000 $5544000 $3443 $961081 $20999 NNN

B iMechanic 1400 2000 4117 53122 $268333 $3219996 $2300 $835723 $138691 NNN

C T-Mobile 1400 2000 9112 103123 $322667 $3872004 $2766 $835723 $18260 NNN


Totals 7000 $15494 $185930 $2656 $4178614 $434528

10000 7000 10000 $15494 $185930 $2656

000 0 000 $0 $0 DIV0

Occupied

Vacant

Rent Roll

Stop 11 Center


TENANT OVERVIEW







J IMMY JOHNrsquoS



AVERAGE NET PROFIT

$110000



74 MILLION


IN THE US

NASDAQ

TENANT OVERVIEW

THE TAMALE PLACE




EXPANDING LOCATIONS

SAME DAY REPAIRS

LIFETIME WARRANTIES



OPERATOR


PRESERVATIVE FREE




AREA PHOTOGRAPHS

UNDER CONSTRUCTION

21

FLOOR PLAN




JIMMYJOHNrsquoS









2017 RANKING


































ACT ID Z0260232








Subject Photo


SUBJECT PROPERTY

BROKER OF RECORD





























Population

Households

Income





740 Year Term


$37143


Year Built 2008

Lot Size 118 Acres

70 Spaces

Current Rents

185930 $ 27677 $



6962 $

232061 $

$0 000

232061 $

48748 $

183314 $ 705


124514 $

57750 $ 740

38903 $

96653 $ 1239 48748 $ 696 $

$1820000

Summary

$1037614

Proposed Financing


$2600000

$780000 475

25

Cash on Cash 5



Parking



071 $

130 $

30


CAM (2018 Budget)

Management

Less Expenses

Total Expenses


Total Income

Vacancy



Loan Payments

Pre Tax Cash Flow



1


100 OCCUPANCY

INTERNET RESISTANT

RENT ROLL

NATIONALTENANTS


STABLE INVESTMENT





A Jimmy Johns 1610 2300 7112 123121 $462000 $5544000 $3443 $961081 $20999 NNN

B iMechanic 1400 2000 4117 53122 $268333 $3219996 $2300 $835723 $138691 NNN

C T-Mobile 1400 2000 9112 103123 $322667 $3872004 $2766 $835723 $18260 NNN


Totals 7000 $15494 $185930 $2656 $4178614 $434528

10000 7000 10000 $15494 $185930 $2656

000 0 000 $0 $0 DIV0

Occupied

Vacant

Rent Roll

Stop 11 Center


TENANT OVERVIEW







J IMMY JOHNrsquoS



AVERAGE NET PROFIT

$110000



74 MILLION


IN THE US

NASDAQ

TENANT OVERVIEW

THE TAMALE PLACE




EXPANDING LOCATIONS

SAME DAY REPAIRS

LIFETIME WARRANTIES



OPERATOR


PRESERVATIVE FREE




AREA PHOTOGRAPHS

UNDER CONSTRUCTION

21

FLOOR PLAN




JIMMYJOHNrsquoS









2017 RANKING


































ACT ID Z0260232








Subject Photo


SUBJECT PROPERTY

BROKER OF RECORD





740 Year Term


$37143


Year Built 2008

Lot Size 118 Acres

70 Spaces

Current Rents

185930 $ 27677 $



6962 $

232061 $

$0 000

232061 $

48748 $

183314 $ 705


124514 $

57750 $ 740

38903 $

96653 $ 1239 48748 $ 696 $

$1820000

Summary

$1037614

Proposed Financing


$2600000

$780000 475

25

Cash on Cash 5



Parking



071 $

130 $

30


CAM (2018 Budget)

Management

Less Expenses

Total Expenses


Total Income

Vacancy



Loan Payments

Pre Tax Cash Flow



1


100 OCCUPANCY

INTERNET RESISTANT

RENT ROLL

NATIONALTENANTS


STABLE INVESTMENT





A Jimmy Johns 1610 2300 7112 123121 $462000 $5544000 $3443 $961081 $20999 NNN

B iMechanic 1400 2000 4117 53122 $268333 $3219996 $2300 $835723 $138691 NNN

C T-Mobile 1400 2000 9112 103123 $322667 $3872004 $2766 $835723 $18260 NNN


Totals 7000 $15494 $185930 $2656 $4178614 $434528

10000 7000 10000 $15494 $185930 $2656

000 0 000 $0 $0 DIV0

Occupied

Vacant

Rent Roll

Stop 11 Center


TENANT OVERVIEW







J IMMY JOHNrsquoS



AVERAGE NET PROFIT

$110000



74 MILLION


IN THE US

NASDAQ

TENANT OVERVIEW

THE TAMALE PLACE




EXPANDING LOCATIONS

SAME DAY REPAIRS

LIFETIME WARRANTIES



OPERATOR


PRESERVATIVE FREE




AREA PHOTOGRAPHS

UNDER CONSTRUCTION

21

FLOOR PLAN




JIMMYJOHNrsquoS









2017 RANKING


































ACT ID Z0260232








Subject Photo


SUBJECT PROPERTY

BROKER OF RECORD






A Jimmy Johns 1610 2300 7112 123121 $462000 $5544000 $3443 $961081 $20999 NNN

B iMechanic 1400 2000 4117 53122 $268333 $3219996 $2300 $835723 $138691 NNN

C T-Mobile 1400 2000 9112 103123 $322667 $3872004 $2766 $835723 $18260 NNN


Totals 7000 $15494 $185930 $2656 $4178614 $434528

10000 7000 10000 $15494 $185930 $2656

000 0 000 $0 $0 DIV0

Occupied

Vacant

Rent Roll

Stop 11 Center


TENANT OVERVIEW







J IMMY JOHNrsquoS



AVERAGE NET PROFIT

$110000



74 MILLION


IN THE US

NASDAQ

TENANT OVERVIEW

THE TAMALE PLACE




EXPANDING LOCATIONS

SAME DAY REPAIRS

LIFETIME WARRANTIES



OPERATOR


PRESERVATIVE FREE




AREA PHOTOGRAPHS

UNDER CONSTRUCTION

21

FLOOR PLAN




JIMMYJOHNrsquoS









2017 RANKING


































ACT ID Z0260232








Subject Photo


SUBJECT PROPERTY

BROKER OF RECORD


TENANT OVERVIEW







J IMMY JOHNrsquoS



AVERAGE NET PROFIT

$110000



74 MILLION


IN THE US

NASDAQ

TENANT OVERVIEW

THE TAMALE PLACE




EXPANDING LOCATIONS

SAME DAY REPAIRS

LIFETIME WARRANTIES



OPERATOR


PRESERVATIVE FREE




AREA PHOTOGRAPHS

UNDER CONSTRUCTION

21

FLOOR PLAN




JIMMYJOHNrsquoS









2017 RANKING


































ACT ID Z0260232








Subject Photo


SUBJECT PROPERTY

BROKER OF RECORD


TENANT OVERVIEW

THE TAMALE PLACE




EXPANDING LOCATIONS

SAME DAY REPAIRS

LIFETIME WARRANTIES



OPERATOR


PRESERVATIVE FREE




AREA PHOTOGRAPHS

UNDER CONSTRUCTION

21

FLOOR PLAN




JIMMYJOHNrsquoS









2017 RANKING


































ACT ID Z0260232








Subject Photo


SUBJECT PROPERTY

BROKER OF RECORD



AREA PHOTOGRAPHS

UNDER CONSTRUCTION

21

FLOOR PLAN




JIMMYJOHNrsquoS









2017 RANKING


































ACT ID Z0260232








Subject Photo


SUBJECT PROPERTY

BROKER OF RECORD


21

FLOOR PLAN




JIMMYJOHNrsquoS









2017 RANKING


































ACT ID Z0260232








Subject Photo


SUBJECT PROPERTY

BROKER OF RECORD










2017 RANKING


































ACT ID Z0260232








Subject Photo


SUBJECT PROPERTY

BROKER OF RECORD

































ACT ID Z0260232








Subject Photo


SUBJECT PROPERTY

BROKER OF RECORD



Subject Photo


SUBJECT PROPERTY

BROKER OF RECORD


offering memorandum | stop 11 center · 100-percent occupied, four-tenant, prime midwest retail...

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