Offering Memorandum

WEST AURORA PLAZAWEST AURORA PLAZA2131 W Galena Blvd • Aurora, IL 605062131 W Galena Blvd • Aurora, IL 60506

N O N - E N D O R S E M E N T A N D D I S C L A I M E R N O T I C E

Confidentiality and DisclaimerThe 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 & Millichap and should not be made available to any other person or entity without the written consent of Marcus & 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 & 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, PCB's 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 tenant's 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 & Millichap has not verified, and will not verify, any of the information contained herein, nor has Marcus & 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 & Millichap is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2017 Marcus & Millichap. All rights reserved.

Non-Endorsement NoticeMarcus & Millichap is not affiliated with, sponsored by, or endorsed by any commercial tenant or lessee identified in this marketing package. The presence of any corporation's logo or name is not intended to indicate or imply affiliation with, or sponsorship or endorsement by, said corporation of Marcus & Millichap, its affiliates or subsidiaries, or any agent, product, service, or commercial listing of Marcus & 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 & MILLICHAP AGENT FOR MORE DETAILS.

WEST AURORA PLAZAAurora, ILACT ID Y0670545

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INVESTMENT

OVERVIEW

OFFERING SUMMARY

Price $6,500,000

Down Payment 100% / $6,500,000

Loan Amount $0

Loan Type All Cash

Lot Size (SF) 557,568

Price/SF $11.66

Lot Size (Acres) 12.8 Acre(s)

Price/Acre $507,813

Price/Unit $0

Number of Lots 0

Type of Ownership Fee Simple

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EXECUTIVE SUMMARY

OFFERING SUMMARY

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ASSET PERFORMANCE DATA

CURRENT

CAP Rate 0.0%

Net Operating Income $0

Net Cash Flow 0.00% / $0

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OFFERING SUMMARY

MAJOR EMPLOYERS

EMPLOYER # OF EMPLOYEES *

Caterpillar 4,287

Fitness Center 1,450

Dryer Cancer Center 1,100

Presence Mercy Medical Center 1,000

Hollywood Casino - Aurora Inc 905

Waubonsee Cmnty Cllege Fndtion 850

Air Route Traffic Control Ctr 800

System Support Center 600

Togo Packing Co Inc 500

Workspace Lyon Products LLC 500

Farmers Insurance 456

Vvf Illinois Services LLC 450

DEMOGRAPHICS

1-Miles 3-Miles 5-Miles

2016 Estimate Pop 13,014 66,293 198,013

2016 Census Pop 12,652 64,546 192,634

2016 Estimate HH 4,900 21,834 61,426

2016 Census HH 4,749 21,171 59,615

Median HH Income $66,249 $56,953 $61,182

Per Capita Income $31,881 $25,057 $24,764

Average HH Income $84,036 $74,735 $79,203

* # of Employees based on 5 mile radius

WEST AURORA PLAZA

OFFERING SUMMARY

§ Redevelopment Opportunity of a Vacant 115,209-Square Foot Walmart

§ Additional Land/Parking Field Suitable for Additional Outlots and Retail

§ Possible City Financial Assistance

§ Strong Retail Location

§ 76,000 Residents Within Three Miles

§ Over $60,000 Average Household Incomes Within One, Three and Five-Mile Radius

INVESTMENT HIGHLIGHTS

Marcus & Millichap is pleased to present a prime redevelopment opportunity of a recently vacated 115,209-square foot Walmart building along with 12-plus acres of land

fronting on Galena Boulevard in Aurora, Illinois. The offering represents an opportunity for a developer or user/buyer to re-purpose the vacant building and create

additional value by re-platting and/or rezoning the property for additional outlots and retail buildings. The city of Aurora looks to be an active participant in assisting a

prospective buyer with potential incentives available.

INVESTMENT OVERVIEW

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WEST AURORA PLAZA

PROPERTY SUMMARY

OFFERING SUMMARY

THE OFFERING

Property West Aurora Plaza

Price $6,500,000

Property Address 2131 W Galena Blvd, Aurora, IL

Assessors Parcel Number 15-19-201-020

Zoning B-2

Ingress/Egress Signalized

SITE DESCRIPTION

Lot Size (SF) 557,568

Price/SF $11.66

Lot Size (Acres) 12.8000

Price/Acre $507,813

Type of Ownership Fee Simple

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LOCATION OVERVIEW

CLOSE PROXIMITY TO:

2131 W Galena Blvd, Aurora, IL 60506

LOCATION OVERVIEWTENANT SUMMARYPRICING AND VALUATION MATRIX

PROPERTY NAMEWEST AURORA PLAZA

PRICING AND VALUATION MATRIX

PROPERTY NAME

WEST AURORA PLAZA

LOCATION OVERVIEW

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REGIONAL MAP

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LOCAL MAP

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AERIAL PHOTO

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SURVEY MAP

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PLAN OVERLAY MAP

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MARCUS & MILLICHAP CAPITAL CORPORATION CAPABILITIESMMCC—our fully integrated, dedicated financing arm—is committed to providing superior capital market expertise, precisely managed execution, and unparalleled access to capital sources providing the most competitive rates and terms.

We leverage our prominent capital market relationships with commercial banks, life insurance companies, CMBS, private and public debt/equity funds, Fannie Mae, Freddie Mac and HUD to provide our clients with the greatest range of financing options.

Our dedicated, knowledgeable experts understand the challenges of financingand work tirelessly to resolve all potential issues to the benefit of our clients.

National platform operating

within the firm’s brokerage offices

$5.1 billion total national

volume in 2016

Access to more capital sources than any other firm in the industry

Optimum financing solutions to enhance value

Our ability to enhance buyer pool by expanding finance options

Our ability to enhance seller control

• Through buyer qualification support

• Our ability to manage buyers finance expectations

• Ability to monitor and manage buyer/lender progress, insuring timely, predictable closings

• By relying on a world class set of debt/equity sources and presenting a tightly underwritten credit file

WHY MMCC?

Closed 1,651 debt and equity

financings in 2016

ACQUISITION FINANCING

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MARKET

OVERVIEW

MARKET OVERVIEW

OVERVIEWCHICAGO

Chicago-Naperville-Elgin is one of the largest metros in the nation. Also know as the greater Chicagoland area, it is bounded to the east by Lake Michigan, expands over a 5,000-square-mile region in northeastern Illinois and extends into Wisconsin and Indiana. The metro houses 9.6 million people and comprises 14 counties. The city of Chicago contains 2.7 million residents. The greatest growth during the past 20 years occurred in the western portion of the region. In recent years, however, businesses are relocating back into the city to attract young workers, supporting the development of high-rise residential towers in the downtown Chicago.

MARKET OVERVIEW

METRO HIGHLIGHTS

THIRD-LARGEST METROPOLITAN AREAThe metro population trails only New York City and Los Angeles in size, expanding to nearly 10 million residents.

WEALTH OF INTELLECTUAL CAPITALThe number of corporate headquarters in Chicago is second only to New York City. There are 32 Fortune 500 companies based locally.

LARGE, DIVERSE EMPLOYMENT BASEThe Chicago metro employs more than 4.6 million individuals in an array of industries, including a growing tech sector.

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MARKET OVERVIEW

MARKET OVERVIEW

TRANSPORTATION

§ The region’s transit network ranks among the largest and most efficient in the world.

§ The vast network of freeways, centralized location, the largest rail-truck intermodal facility in the U.S., as well as the Port of Chicago contribute to the metro’s position as a major distribution and logistics hub.

§ Chicago is the nation’s premier freight rail hub, with four carriers, BNSF, Union Pacific, CSX, Norfolk Southern, servicing the region.

§ Amtrak routes originate from Union Station, while the Metra commuter rail and the Chicago L provide passenger service throughout the metro area and beyond.

§ International airports include O’Hare, Midway and Gary/Chicago. Seven smaller airports also provide air service for the region.

MORE THAN OF ILLINOIS RESIDENTS LIVE IN THE SUBURBS OF CHICAGO, MANY OF WHOM COMMUTE INTO THE CITY FOR WORK40%

17.2Million TEU’s

MOVED THROUGH METROIN 2015

3CHICAGO HAS

INTERNATIONALAIRPORTS

7FOR FREIGHT, PASSENGER

AND COMMUTER

RAIL LINES

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MARKET OVERVIEW

ECONOMY

§ The metro has one of the biggest economies in the nation and is buoyed by its distribution, finance, manufacturing operations and growing high-tech sectors.

§ There are 32 Fortune 500 companies headquartered in the metro including Boeing, Walgreens and McDonald’s.

§ The area is a major global tourist and convention destination. Last year, a record 54.1 million people visited the metro spending $15 billion and supporting 145,000 jobs.

§ Large tech firms such as Amazon, Groupon and Google attract startup companies.

§ The workforce is considered one of the most diverse and well trained among major U.S. metros.

MAJOR AREA EMPLOYERS

Abbott Labs

Advocate Healthcare

Wal-Mart

Motorola Solutions Inc.

United Continental Holdings Inc.

Allstate Corp.

Walgreens Co.

Target Corp.

JPMorgan Chase

AT&T

SHARE OF 2016 TOTAL EMPLOYMENT

MANUFACTURING GOVERNMENT

HEALTH SERVICESEDUCATION AND

+

LEISURE AND HOSPITALITY FINANCIAL ACTIVITIES

CONSTRUCTION

PROFESSIONAL ANDBUSINESS SERVICES

OTHER SERVICES AND UTILITIES

TRADE, TRANSPORTATION INFORMATION

* Forecast

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9% 18% 6%12% 10%

4%20% 2%4% 15%

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MARKET OVERVIEW

§ Chicago is the third most populous metro in the U.S. and is expected to grow by approximately 275,000 people during the next five years.

§ Younger professionals moving to the area for employment provide a skilled workforce and contribute to the median age of 36.8 years, below that of the nation.

§ World class education institutions including Northwestern University and the University of Chicago help provide a skilled labor pool. Nearly 35 percent of residents age 25 and older hold a bachelor’s degree and of these, 13 percent have also earned a graduate or professional degree.

§ Local homeownership of 65 percent is slightly above the national rate of 64 percent.

QUICK FACTS

36.82016

MEDIAN AGE:

U.S. Median:

37.7

$62,1002016 MEDIAN

HOUSEHOLD INCOME:

U.S. Median:

$54,500

3.5M2016

HOUSEHOLDS:

Growth2016-2021*:

3.5%

9.6M2016

POPULATION:

Growth2016-2021*:

2.9%

* Forecast

DEMOGRAPHICS

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MARKET OVERVIEW

Sources: Marcus & Millichap Research Services; BLS; Bureau of Economic Analysis; Experian; Fortune; Moody’s Analytics; U.S. Census Bureau

QUALITY OF LIFE

The Chicago metro has something to offer every one of its residents and visitors, whether it is legendary blues and jazz music, cultural and educational venues, professional sports, dining, entertainment, shopping or recreational amenities.

The Chicago area’s relative affordability is largely due to its lower housing costs. The median home price is significantly less than in other cities of its size and is below that of many smaller cities, including Seattle and Denver.

Cultural activities and venues underpin the metro’s cosmopolitan lifestyle. The region is home to various well-known museums, including the world-class Field Museum, Shedd Aquarium, Art Institute of Chicago and Adler Planetarium. The theatre scene rivals the world’s best, and troupes, dance companies, symphony orchestras and music venues abound.

29 MILESOF SHORELINE

$237,400MEDIAN HOME PRICE VARIOUS MUSUEMS

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ARTS & ENTERTAINMENT

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PROPERTY NAME

MARKETING TEAM

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DEMOGRAPHICS

Source: © 2016 Experian

Created on October 2017

POPULATION 1 Miles 3 Miles 5 Miles§ 2021 Projection

Total Population 13,273 68,479 216,664

§ 2016 Estimate

Total Population 13,014 66,293 198,013

§ 2010 Census

Total Population 12,652 64,546 192,634

§ 2000 Census

Total Population 11,217 57,330 143,644

§ Daytime Population

2016 Estimate 12,508 76,420 171,106

HOUSEHOLDS 1 Miles 3 Miles 5 Miles§ 2021 Projection

Total Households 5,022 22,644 67,216

§ 2016 Estimate

Total Households 4,900 21,834 61,426

Average (Mean) Household Size 2.64 2.95 3.16

§ 2010 Census

Total Households 4,749 21,171 59,615

§ 2000 Census

Total Households 4,335 19,676 46,531

HOUSEHOLDS BY INCOME 1 Miles 3 Miles 5 Miles§ 2016 Estimate

$250,000 or More 2.27% 1.76% 2.17%

$200,000 - $249,999 2.14% 1.46% 1.63%

$150,000 - $199,999 6.73% 4.69% 5.01%

$125,000 - $149,999 6.71% 5.21% 5.65%

$100,000 - $124,999 10.46% 9.24% 10.01%

$75,000 - $99,999 16.39% 14.74% 15.55%

$50,000 - $74,999 15.18% 18.27% 18.71%

$35,000 - $49,999 12.79% 15.10% 14.11%

$25,000 - $34,999 8.14% 10.02% 9.42%

$15,000 - $24,999 9.14% 10.32% 9.22%

Under $15,000 10.03% 9.20% 8.52%

Average Household Income $84,036 $74,735 $79,203

Median Household Income $66,249 $56,953 $61,182

Per Capita Income $31,881 $25,057 $24,764

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PROPERTY NAME

MARKETING TEAM

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DEMOGRAPHICS

Source: © 2016 Experian

Created on October 2017

POPULATION PROFILE 1 Miles 3 Miles 5 Miles§ Population by Age

0 to 4 Years 5.68% 7.03% 7.66%

5 to 14 Years 13.01% 15.38% 16.79%

15 to 17 Years 4.23% 5.09% 4.95%

18 to 19 Years 2.32% 2.89% 2.63%

20 to 24 Years 5.97% 7.20% 6.87%

25 to 29 Years 5.29% 6.49% 6.49%

30 to 34 Years 5.78% 7.26% 7.66%

35 to 39 Years 6.12% 7.00% 7.54%

40 to 49 Years 12.84% 13.09% 13.50%

50 to 59 Years 14.52% 12.15% 11.48%

60 to 64 Years 6.53% 5.00% 4.50%

65 to 69 Years 5.35% 3.57% 3.41%

70 to 74 Years 4.09% 2.71% 2.46%

75 to 79 Years 2.97% 1.94% 1.67%

80 to 84 Years 2.19% 1.35% 1.14%

Age 85+ 3.09% 1.86% 1.27%

Median Age 41.35 34.08 33.05

POPULATION PROFILE 1 Miles 3 Miles 5 Miles§ Population 25+ by Education Level

2016 Estimate Population Age 25+ 8,951 41,376 121,003

Elementary (0-8) 3.77% 8.29% 11.32%

Some High School (9-11) 7.49% 12.74% 13.36%

High School Graduate (12) 26.01% 26.68% 25.70%

Some College (13-15) 24.89% 21.61% 19.90%

Associate Degree Only 6.97% 6.60% 6.17%

Bachelors Degree Only 19.53% 15.11% 14.78%

Graduate Degree 10.77% 7.99% 7.33%

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IncomeIn 2016, the median household income for your selected geography is $66,249, compare this to the US average which is currently $54,505. The median household income for your area has changed by 23.36% since 2000. It is estimated that the median household income in your area will be $80,570 five years from now, which represents a change of 21.62% from the current year. The current year per capita income in your area is $31,881, compare this to the US average, which is $29,962. The current year average household income in your area is $84,036, compare this to the US average which is $78,425.

PopulationIn 2016, the population in your selected geography is 13,014. The population has changed by 16.02% since 2000. It is estimated that the population in your area will be 13,273.00 five years from now, which represents a change of 1.99% from the current year. The current population is 47.87% male and 52.13% female. The median age of the population in your area is 41.35, compare this to the US average which is 37.68. The population density in your area is 4,134.79 people per square mile.

HouseholdsThere are currently 4,900 households in your selected geography. The number of households has changed by 13.03% since 2000. It is estimated that the number of households in your area will be 5,022 five years from now, which represents a change of 2.49% from the current year. The average household size in your area is 2.64 persons.

EmploymentIn 2016, there are 2,446 employees in your selected area, this is also known as the daytime population. The 2000 Census revealed that 65.95% of employees are employed in white-collar occupations in this geography, and 34.27% are employed in blue-collar occupations. In 2016, unemployment in this area is 6.29%. In 2000, the average time traveled to work was 28.00 minutes.

Race and EthnicityThe current year racial makeup of your selected area is as follows: 70.92% White, 11.41% Black, 0.11% Native American and 2.11% Asian/Pacific Islander. Compare these to US averages which are: 70.77% White, 12.80% Black, 0.19% Native American and 5.36% Asian/Pacific Islander. People of Hispanic origin are counted independently of race. People of Hispanic origin make up 26.39% of the current year population in your selected area. Compare this to the US average of 17.65%.

PROPERTY NAME

MARKETING TEAM

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HousingThe median housing value in your area was $210,519 in 2016, compare this to the US average of $187,181. In 2000, there were 2,992 owner occupied housing units in your area and there were 1,342 renter occupied housing units in your area. The median rent at the time was $577.

Source: © 2016 Experian

DEMOGRAPHICS

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DEMOGRAPHICS

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TRAFFIC COUNTYEAR COUNT

2014 31,100

2014 30,300

2014 2,950

MARKETING PLAN

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LOCATION OVERVIEWTENANT SUMMARYPRICING AND VALUATION MATRIX

PROPERTY NAMEWEST AURORA PLAZA

PRICING AND VALUATION MATRIX

PROPERTY NAME

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MARKET OVERVIEW

Source: © 2016 Experian

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www.MarcusMillichap.com

Richard Kozarits

Senior Associate

Director, National Land GroupChicago Oak Brook OfficeTel: (630) 570-2221

Fax: (630) 570-2210

richard.kozarits@marcusmillichap.com

License: IL 471.013640

P R E S E N T E D B Y