OFFERING MEMORANDUM | STOP 11 CENTER · 100-Percent Occupied, Four-Tenant, Prime Midwest Retail...
Transcript of OFFERING MEMORANDUM | STOP 11 CENTER · 100-Percent Occupied, Four-Tenant, Prime Midwest Retail...
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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
Borders Are Approximate
OFFICE DEVELOPMENT
HIGHLY VISIBLE SITE WITH OVER 70000 VEHICLES PER DAY
STRONG 5-MILE POPULATION OF OVER 199000 RESIDENTS
NORTH10 MILES
UNDERCONSTRUCTION
Borders Are Approximate
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
SUBJECT Stop 11 Center7000 Sq Ft GLA
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
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
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
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
STABLE INVESTMENT
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
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
Borders Are Approximate
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
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
OFFERING MEMORANDUM | STOP 11 CENTER
SUBJECT PROPERTY
BROKER OF RECORD
Josh CaruanaLicense PB20803582
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
Borders Are Approximate
OFFICE DEVELOPMENT
HIGHLY VISIBLE SITE WITH OVER 70000 VEHICLES PER DAY
STRONG 5-MILE POPULATION OF OVER 199000 RESIDENTS
NORTH10 MILES
UNDERCONSTRUCTION
Borders Are Approximate
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
SUBJECT Stop 11 Center7000 Sq Ft GLA
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
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
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
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
STABLE INVESTMENT
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
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
Borders Are Approximate
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
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
OFFERING MEMORANDUM | STOP 11 CENTER
SUBJECT PROPERTY
BROKER OF RECORD
Josh CaruanaLicense PB20803582
Borders Are Approximate
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
SUBJECT Stop 11 Center7000 Sq Ft GLA
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
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
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
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
STABLE INVESTMENT
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
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
Borders Are Approximate
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
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
OFFERING MEMORANDUM | STOP 11 CENTER
SUBJECT PROPERTY
BROKER OF RECORD
Josh CaruanaLicense PB20803582
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
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
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
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
STABLE INVESTMENT
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
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
Borders Are Approximate
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
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
OFFERING MEMORANDUM | STOP 11 CENTER
SUBJECT PROPERTY
BROKER OF RECORD
Josh CaruanaLicense PB20803582
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
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
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
STABLE INVESTMENT
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
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
Borders Are Approximate
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
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
OFFERING MEMORANDUM | STOP 11 CENTER
SUBJECT PROPERTY
BROKER OF RECORD
Josh CaruanaLicense PB20803582
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
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
STABLE INVESTMENT
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
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
Borders Are Approximate
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
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
OFFERING MEMORANDUM | STOP 11 CENTER
SUBJECT PROPERTY
BROKER OF RECORD
Josh CaruanaLicense PB20803582
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
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
Borders Are Approximate
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
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
OFFERING MEMORANDUM | STOP 11 CENTER
SUBJECT PROPERTY
BROKER OF RECORD
Josh CaruanaLicense PB20803582
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
Borders Are Approximate
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
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
OFFERING MEMORANDUM | STOP 11 CENTER
SUBJECT PROPERTY
BROKER OF RECORD
Josh CaruanaLicense PB20803582
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
Borders Are Approximate
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
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
OFFERING MEMORANDUM | STOP 11 CENTER
SUBJECT PROPERTY
BROKER OF RECORD
Josh CaruanaLicense PB20803582
SUBJECT PHOTOGRAPHSSUBJECT PHOTOGRAPHS
AREA PHOTOGRAPHS
UNDER CONSTRUCTION
21
FLOOR PLAN
Borders Are Approximate
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
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
OFFERING MEMORANDUM | STOP 11 CENTER
SUBJECT PROPERTY
BROKER OF RECORD
Josh CaruanaLicense PB20803582
AREA PHOTOGRAPHS
UNDER CONSTRUCTION
21
FLOOR PLAN
Borders Are Approximate
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
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
OFFERING MEMORANDUM | STOP 11 CENTER
SUBJECT PROPERTY
BROKER OF RECORD
Josh CaruanaLicense PB20803582
21
FLOOR PLAN
Borders Are Approximate
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
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
OFFERING MEMORANDUM | STOP 11 CENTER
SUBJECT PROPERTY
BROKER OF RECORD
Josh CaruanaLicense PB20803582
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
OFFERING MEMORANDUM | STOP 11 CENTER
SUBJECT PROPERTY
BROKER OF RECORD
Josh CaruanaLicense PB20803582
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
OFFERING MEMORANDUM | STOP 11 CENTER
SUBJECT PROPERTY
BROKER OF RECORD
Josh CaruanaLicense PB20803582
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
OFFERING MEMORANDUM | STOP 11 CENTER
SUBJECT PROPERTY
BROKER OF RECORD
Josh CaruanaLicense PB20803582
OFFICES NATIONWIDE bull WWWMARCUSMILLICHAPCOM
Subject Photo
OFFERING MEMORANDUM | STOP 11 CENTER
SUBJECT PROPERTY
BROKER OF RECORD
Josh CaruanaLicense PB20803582