C O N F I D E N T I A L I N V E S T M E N T O F F E R I N G M E M O R A N D U M . 2

2 , 9 5 2 S F F R E E S TA N D I N G B U I L D I N G

A C R O S S F R O M A N E W W A L - M A R T S U P E R C E N T E R

F R E E S T A N D I N G S T N L T - M O B I L EN E W I N V E S T M E N T O F F E R I N G

H I G H Q U A L I T Y N E W C O N S T R U C T I O N

FO

R S

AL

E

. C O N F I D E N T I A L I N V E S T M E N T O F F E R I N G M E M O R A N D U M . 3

+ Signalized Intersection

+ On-site parking

+ Brand New Construction

+ New Long Term NNN Lease

with Options to Extend

+ Across from a new Wal-Mart

Supercenter

+ Adjacent to many national

retailers including McDonald’s,

LA Fitness, Dunkin Donuts,

Subway, Culvers, and AT&T

+ Located on Torrence Avenue

with visibility from Interstate

80 and Interstate 94

DESCRIPTION

The subject parcel of land is located at the corner of a full access signalized intersection. The property is located in

an exceptional regional shopping area across from a new Wal-Mart Supercenter and just south of highly trafficked

Interstate 80. Traffic counts are approximately 26,000 vehicles per day on Torrence Ave with tremendous visibility

from Interstate 80 & Interstate 94 which carries over 153,000 vehicles per day.

N E W 1 0 Y E A R L E A S ES I N G L E T E N A N T T - M O B I L E ( C O R P O R A T E )

( N Y S E : T M U S )

+ High Quality Design

+ 95,151 residents within a 3-Mile

radius

+ 170,000+ vehicles per day

exposure from Interstate 80/94

and Torrence Avenue

PROPERTY CHARACTERISTICS

C O N F I D E N T I A L I N V E S T M E N T O F F E R I N G M E M O R A N D U M . 4

The subject property is located in Lansing, Illinois. Situated at the crossroad of I-80, I-94, and I-294 and only about twenty-

five miles from downtown Chicago, Lansing offers the best of both worlds. Small town charm, deep-seated family values

and a select regional location in close proximity to big-city amenities. Lansing has a large variety of shopping opportunities,

included department stores, specialty shops, financial institutions, and grocery stores, along with many dining options.

The Torrence Avenue shopping corridor features established businesses and national affiliates. The Landing’s Shopping

Center at the north end of Torrence adds shopping options with nationwide anchors as well as an abundance of food

options. South of I-80 and I-94, you will find several smaller shopping areas that include service businesses, dry cleaners,

restaurants, salons, bakeries, and smaller scale grocery stores.

L O C A T I O NL A N S I N G , I L

PROPERTY CHARACTERISTICS

The subject property benefits from excellent visibility seeing over 26,000 VPD on Torrence Ave and 153,800 VPD on

Interstate 94 and Interstate 80. The property is newer construction at a stop light intersection across from the new Wal-Mart

Supercenter..

E S T I M A T E D P O P U L A T I O N

A V E R A G E H H I N C O M E

1 - M I L E 3 - M I L E S 5 - M I L E S

A R E A D E M O G R A P H I C S

1 1 , 3 3 5 9 3 , 7 5 9 2 3 9 , 3 6 4

$ 5 8 , 6 6 8 $ 6 2 , 3 6 6 $ 6 2 , 0 1 2

. C O N F I D E N T I A L I N V E S T M E N T O F F E R I N G M E M O R A N D U M . 5

A E R I A L O V E R V I E W1 7 6 4 0 T O R R E N C E A V E N U E , L A N S I N G , I L

17640 Torrence Ave

+ 2,952 SF Single - Tenant Retail fronting Wal-Mart

(NYSE: WMT)

C O N F I D E N T I A L I N V E S T M E N T O F F E R I N G M E M O R A N D U M . 6

S I T E P L A N1 7 6 4 0 T O R R E N C E A V E N U E , L A N S I N G , I L

. C O N F I D E N T I A L I N V E S T M E N T O F F E R I N G M E M O R A N D U M . 7

E X T E R I O R O F B U I L D I N G1 7 6 4 0 T O R R E N C E A V E N U E , L A N S I N G , I L

C O N F I D E N T I A L I N V E S T M E N T O F F E R I N G M E M O R A N D U M . 8

I N T E R I O R O F B U I L D I N G1 7 6 4 0 T O R R E N C E A V E N U E , L A N S I N G , I L

. C O N F I D E N T I A L I N V E S T M E N T O F F E R I N G M E M O R A N D U M . 9

N U M B E R O F L O C AT I O N S : 3 , 1 0 0 +

W E B S I T E : h t t p : / / w w w . t - m o b i l e . c o m

N A T I O N A L T E N A N T :T - M O B I L E

T I C K E T S Y M B O L : N Y S E : T M U S

R E V E N U E : $ 3 0 + B I L L I O N

T-Mobile US, Inc is located n Bellevue, Washington it is the United States-based subsidiary of T-Mobile International AG. It

provides wireless voice, messaging, and data services in the United States, Puerto Rico and the U.S. Virgin Islands under the

T-Mobile, MetroPCS, and GoSmart Mobile brands. The company operates the third largest wireless network in the U.S. mar-

ket with 58.9 million customers and annual revenues of $21.35 billion. Its nationwide network reaches 96 percent of Ameri-

cans.

T-Mobile began a process of re-branding their corporate image into the UnCarrier. The beginning of the process was erad-

ication of the two-year contracts. In March 2013, T-Mobile merged with MetroPCS Communications, the fifth largest carrier

in the United States to improve it’s competitiveness with other national carriers. In May 2013, the combined company, now

known as T-Mobile US, began trading on the New York Stock Exchange as a public company.

In 2015, T-Mobile was named a Best Place to Work for LGBT (two year consecutive win), Top 100 Military Friendly Employer,

Recognized as one of the World’s Most Ethical Companies, was given the 2015 Leadership500 Excellence Award for T-Mo-

bile’s Leadership Development Program, Best in Class in the Large Company Category by HR.com, and named a Secretary of

Defense Freedom Award Semi-Finalist by the Secretary of Defense.

+ Headquarters: Bellevue, Washington

+ Founded: 1994

+ Number of Employees: 45,000

C O N F I D E N T I A L I N V E S T M E N T O F F E R I N G M E M O R A N D U M . 10

L E A S E A B S T R A C T : G E N E R A L B U S I N E S S T E R M S

+ T E N A N T

T-Mobile

+ GUARANTOR

T-Mobile Central LLC

+ USE

Sale and rental of personal communication services

(PCS) and products

+ TENANT SIZE

2,952 SF

+ LAND SIZE

27,000 SF

+ LEASE TERM

Ten year term with two (2) periods of five

(5) year options

+ RENT COMMENCEMENT

May 1, 2016

+ NET RENTAL

$35,00 SF

+ NET RENTAL INCREASES

10% increase every 5 years

+ CAM, TAX, INSURANCE

Fully reimbursable by Tenant - managed by landlord

+ LANDLORD RESPONSIBILITIES

Roof & Structure Only

+ NET OPERATING INCOME (NOI)

$103,320.

+ SALE PRICE

+ CAP Rate