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Logan’s Roadhouse (Ground Lease) 240 Conference Center Drive

East Peoria, IL 61611

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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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TheBoulderGroupispleasedtoexclusivelymarketforsaleasingletenantLogan’sRoadhousegroundleasedpropertyinEastPeoria,Illinois.The7,268squarefootbuildingwasconstructedona1.62acrelandparcelin2007withinavibrantregionaltradearea.Thegroundleasehas14yearsremainingandfeatures10%rentalescalationseveryfiveyears.In2011,a150,000squarefootBassProShopsopened,furtheraddingtothetradearea’sregionaldraw.Logan’sRoadhouseisachainofcasualdiningrestaurantswithover240locationsin23states.

ThesubjectpropertyislocatedonConferenceCenterDrive,arecentlydevelopedstreetalongtheIllinoisRiveracrossfromanEmbassySuitesHotelandtheRiverfrontConferenceCenter.ThepropertyispositionedinimmediateproximitytotheintersectionoftheBobMichaelBridgeandRiverRoadwhichexperiencestrafficvolumesinexcessof33,000vehiclesperday.ThepropertyhasaccesstotheBobMichaelBridge,aprimaryentrypointtodowntownPeoriafromtheeast.AccesstoInterstate74(60,000vehiclesperday)isapproximatelyonemilefromthesubjectproperty.ThepropertyispositionedinastrongretailcorridorwithnationalretailersandrestaurantssuchasWal-MartSupercenter,BassProShop,Lowe’s,Target,Costco,Kohl’sandPetSmart.ThePeoriaCivicCenteris locatedfiveminutesfromthepropertyandishosttonumerousconcertsandsportingeventsinadditiontoitsexhibithallandmeetingrooms.PeoriaishometotheworldheadquartersofCaterpillar,Inc.Caterpillaremploysover125,000peopleworldwideandover15,000inPeoria.Additionally,thereareover130,000peoplelivingwithinfivemilesoftheproperty.

Logan’sRoadhouseoriginalgroundleasetermwasfortwentyyearsandthegroundleaseexpiresinOctober2027.Thebaserentincreasesby10%intheeleventhyear,withthenextrentalescalationoccurringOctober2017.Therentalescalationscontinuethroughouttheprimarytermandeachofthefour5-yearrenewaloptionperiods.Logan’sRoadhouseisaprivatecompanywithover240locationsin23statesand2012saleswereinexcessof$629million.

INVESTMENT HIGHLIGHTS

• Longtermgroundleasewith14yearsremaining

• 10%rentalescalationseveryfiveyears

• LocatedwithinavibrantregionaltradeareafeaturingWal-MartSupercenter,Lowe’s,BassProShops,Target,CostcoandKohl’s

• Zerolandlordresponsibilities

• TrafficvolumeattheintersectionoftheBobMichaelBridgeandRiverRoadinexcessof33,000vehiclesperday

• PositionedacrossthestreetfromtheEmbassySuitesHotelandRiverfrontConferenceCenter

• PeoriaishometotheworldheadquartersofCaterpillarInc.,whoemploysover15,000peoplelocally

• BassProShopsopenedin2011,furtheraddingtothetradearea’sregionaldraw

EXECUTIVE SUMMARY

EXECUTIVE SUMMARY

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PROPERTY OVERVIEW

PROPERTY OVERVIEW

Price: $1,700,000

CapRate: 5.50%

RentSchedule: NOI EscalationDate

$93,500$102,850 10/29/2017$113,135 10/29/2022$124,449 10/29/2027(Option1)$136,893 10/29/2032(Option2)$150,853 10/29/2037(Option3)$165,641 10/29/2042(Option4)

RenewalOptions: Four5-Year

LeaseCommencementDate: October29,2007

LeaseExpirationDate: October28,2027

Tenant: Logan’sRoadhouse

YearBuilt: 2007

LeaseType: NNN(GroundLease)

BuildingSize: 7,268SF

LandSize: 1.62acres

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AERIAL

AERIAL

N60,000 VPD

WORLD HEADQUARTERS

19,100 VPDBOB M

ICHAELS BRIDGE

74

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SITE PLAN

SITE PLAN

N

CONFEREN

CE CENTER DR

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MAPS

MAPS

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Logan’s Roadhouseisachainofcasualrestaurantsthatservegenerous-sizedplatesofgrilledsteaks,chicken,barbecuedribs,andhamburgers.Thechainpridesitselfonitsaffordableprices(theaveragebillislessthan$15)whilealsooffering free, all-you-can-eatbucketsof shelledpeanutsand rolls. Logan’sRoadhousehas232 company-owned locations across 23 states and 26 franchises in four states. Logan’s Roadhouse isheadquarteredinNashville,TN.

Website: www.logansroadhouse.comNumberofLocations: 240+2012Sales: $630millionNumberofEmployees: 15,000+

TENANT PROFILE

TENANT PROFILE

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Population 3-mi 5-mi 7-mi

TotalPopulation 64,363 127,254 178,672TotalHouseholds 24,725 52,571 73,909

Income

MedianHouseholdIncome $32,333 $39,443 $44,083AverageHouseholdIncome $44,309 $52,426 $60,205

DEMOGRAPHIC COMPARISON REPORT

DEMOGRAPHIC COMPARISON REPORT

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PeoriaisthelargestcityontheIllinoisRiverandthecountyseatofPeoriaCounty,Illinois.Asofthe2010census,thecitywastheseventh-mostpopulatedinIllinois,withapopulationof115,007.ThePeoriaMSAhadapopulationof373,590in2011,makingitthethirdlargestmetropolitanareainthestateaftertheChicagometropolitanareaandtheMetro-EastportionoftheSt.Louismetropolitanarea.

PeoriaistheworldheadquartersforCaterpillarInc.,oneofthe30companiescomposingtheDowJonesIndustrialAverage. Caterpillar employs over 125,000 peopleworld-wide, of which 15,000+ are located in Peoria. Othersignificantemployers inthearea includetheMethodistMedicalCenter,OSFSaintFrancisMedicalCenter,andthePeoriaSchoolDistrict.PeoriaisalsohometoBradleyUniversity(6,000students)andIllinoisCentralCollege(12,000students).TheEmbassySuitesandRiverfrontConferenceCenter,whichislocatedacrossfromthesubjectproperty,caterstotheCaterpillarWorldHeadquarters,BradleyUniversity,andPeoriaCivicCenter.TheEmbassySuitesandRiverfrontConferenceCenterisidealforEastPeoriameetingsandeventsandboastsa50,000squarefootconferencecenter.

www.peoriagov.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