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Bank of America4200 South Ashland Avenue

Chicago, IL 60609

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1) Confidentiality&Disclaimer

2) ExecutiveSummary

3) PropertyOverview

4) Aerials

5) SitePlan

6) Map

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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TheBoulderGroupispleasedtoexclusivelymarketforsaleasingletenantnetleasedBankofAmericapropertylocatedinChicago,Illinois.The6,200squarefootbuildingwasdevelopedin2004andislocatedatasignalizedintersectioninadenselypopulatedarea.Theleasehas10yearsremainingandfeaturesrentalescalationseveryfiveyearsthroughouttheprimarytermandrenewaloptions.BankofAmericaisaninvestmentgradetenantwithaStandardandPoor’sratingofA-.

TheBankofAmericapropertyislocatedatthesignalizedintersectionofSouthAshlandAvenueandWest42ndStreet.SouthAshlandAvenueisaprimarynorth-souththoroughfarewithtrafficcountsinexcessof23,000vehiclesperday.ThepropertyislocatedapproximatelyoneandahalfmilessouthofInterstate55andtwomileswestofInterstate94/90.Interstate55experiencestrafficcountsofapproximately150,000vehiclesperdayandInterstate94/90experiencestrafficcountsof290,000vehiclesperday.U.S.CellularField,homeoftheChicagoWhiteSox,islocatedtwomilestotheeastoftheproperty.TheBankofAmericaislocatedinadenselypopulatedpartofChicagowithover30,000peoplelivingwithinaonemileradiusandover875,000peoplelivingwithinafivemileradius.ThebuildingfeaturesrarequalitiesforanurbanChicagobankpropertysuchasfivedrive-thrulanesand44designatedparkingspaces.

TheBankofAmericapropertyislocatedattheentrancetoSwap-O-Rama,a100,000squarefootfleamarketthatattractsover25,000visitorsperweek.Swap-O-Ramawasbeenoperatingatthislocationsince1992.AcrossthestreetfromtheBankofAmerica isaMcDonald’s that recentlyunderwenta fullscale renovation, furtherevidencing thearea’s retailstrength.

TherearetenyearsremainingonthisnetleasethatexpiresonOctober31,2024.Theleasefeatures10%rentalescalationseveryfiveyearsintheprimarytermandrenewaloptionperiods.Therearefive5-yearrenewaloptions.BankofAmericaisaninvestmentgradetenant(S&P:A-)andispubliclytraded(NYSE:BAC)withamarketcapitalizationinexcessof$158billion.Thecompanyoperatesover5,100bankingcenters,16,300ATMs,andemployeesover235,000people.

INVESTMENT HIGHLIGHTS

•LocatedinadenselypopulatedpartofChicago

•Longtermleasewith10yearsremaining

•Investmentgradetenant(S&P:A-)

•10%rentalescalationintheprimarytermandineachrenewaloption

•BenefittedbyasignalizedintersectionattheentrancetoSwap-O-Rama,a fleamarketthathasover25,000visitorsperweek

•Locatedalongaprimarythoroughfarewithtrafficcountsinexcessof23,000 VPD

•RareurbanChicagobankamenitiessuchas44designatedparkingspacesand5drive-thrulanes

EXECUTIVE SUMMARY

EXECUTIVE SUMMARY

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PROPERTY OVERVIEW

PROPERTY OVERVIEW

Price: $5,502,112

CapRate: 6.25%

RentSchedule: NOI EscalationDate

$343,882*$378,270 11/1/2019$416,097 11/1/2024(Option1)$457,706 11/1/2029(Option2)$503,477 11/1/2034(Option3)$553,825 11/1/2039(Option4)$609,207 11/1/2044(Option5)

RenewalOptions: Five5-Year

LeaseCommencementDate: October12,2004

LeaseExpirationDate: October31,2024

Tenant: BankofAmerica

Credit: A-(S&P)

YearBuilt: 2004

LeaseType: •NNNthrough10/31/2019•BeginningNovember2019,theleaseisNNfortheremainderofthetermincludingoptionsandthelandlordisonlyresponsiblefor80%ofcapitalexpenditures

BuildingSize: 6,200SF

LandSize: 39,276SF

*Seller will credit, at closing the difference between the current rent of $312,882, until the rent escalates in November 2014 to $343,882.

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AERIALS

AERIALS

N

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AERIALS

AERIALS

N

S. A

SHLA

ND

AVE

NUE

23,0

00 V

PD

150,000 VPD

STOCKYARDS INDUSTRIAL PARKSITE

290,

000

VPD

90

94

55

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SITE PLAN

SITE PLAN

ASHLAND AVENUE

42

nd S

TREE

T

MARSHFIELD AVENUE

N

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MAP

MAP

MIDWAYAIRPORT

MIDWAYAIRPORT

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Bank of America Corporation (NYSE:BAC), through its subsidiaries, provides variousbankingandfinancialproductsandservicesforindividualconsumers,smallandmiddlemarketbusinesses,institutionalinvestors,corporations,andgovernmentsintheUnitedStatesandinternationally.

Thecompany’sConsumer&BusinessBankingsegmentofferstraditionalandmoneymarketsavingsaccounts,CDsandIRAs,checkingaccounts,andinvestmentaccountsandproducts,aswellascreditanddebitcards;andlendingrelatedproductsandservices,workingcapitalmanagement,andtreasurysolutions.Thissegmentprovidesitsproductsandservicesthroughoperating5,100bankingcenters,16,300ATMs,callcenters,andonlineandmobilebankingplatforms.

BankofAmericaisaninvestmentgraderatedcompany(S&P:A-).BankofAmericaispubliclytradedontheNewYorkStockExchange,BAC,andhasamarketcapitalizationinexcessof$158billion.Thecompanywasfoundedin1874andisbasedinCharlotte,NorthCarolina.

Website: www.bankofamerica.comStockSymbol: NASDAQ:BACMarketCapitalization: $158billionNumberofLocations: 5,100StateLocations: 50

TENANT PROFILE

TENANT PROFILE

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Population 1-mi 3-mi 5-mi

TotalPopulation 30,211 361,261 879,505TotalHouseholds 8,587 111,735 301,168

Income

MedianHouseholdIncome $29,854 $32,138 $35,522AverageHouseholdIncome $40,155 $45,283 $53,416

DEMOGRAPHIC COMPARISON REPORT

DEMOGRAPHIC COMPARISON REPORT

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ChicagoisthemostpopulouscityintheMidwesternUnitedStatesandthethirdmostpopulouscityintheUnitedStateswith2,700,000residents.ChicagoisthecountyseatofCookCounty,thesecond largestcounty in theUnitedStates.TheChicagoMSA is thethirdmostpopulatedmetropolitanareaintheUnitedStateswith9,580,567residents.TheMSAcoversover1,300square miles and six counties. The Chicago metropolitan area is home to the corporateheadquartersof57Fortune1000companies,includingBoeing,McDonald’s,Motorola,Discover

FinancialServicesandUnitedAirlines.Chicagoisamajorhubforindustry,telecommunicationsandinfrastructureandO’HareInternationalAirportisthesecondbusiestairportintheworldintermsoftrafficmovement.

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

www.cityofchicago.org

LOCATION OVERVIEW

LOCATION OVERVIEW

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CONTACT INFORMATION

CONTACT INFORMATION

666DundeeRoad,Suite1801Northbrook,IL60062

Randy BlanksteinPresident847.562.0003rblank@bouldergroup.com

Jimmy GoodmanPartner847.562.8500jimmy@bouldergroup.com