Penske Truck Rental

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Penske Truck Renta l7 1 0 H i g h P o i n t L a n e

E a s t P e o r i a , I L 6 1 6 1 1

In Cooperation With ParaSell , Inc.A Licensed I l l inois Broker

Lic. #478027307 BoR: Scott Reid – Lic. #478027307

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EXCLUSIVELY MARKETED BY: S A N D S I N V E S T M E N T G R O U P

STRATTON GREIGLic. # 738303

512.910.2665 | [email protected]

AUSTIN MARSHLic. # 734360


305 Camp Craft Rd, Suite 550Westlake Hills, TX 78746

844.4.SIG.NNNwww.SIGnnn.com

In Cooperation With ParaSell , Inc., A Licensed I l l inois BrokerLic. #478027307 BoR: Scott Reid – Lic. #478027307

SCOTT REIDLic. # 478027307


KYLE KELLYCA Lic. # 02090012


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Investment SummaryInvestment Highlights

INVESTMENT OVERVIEW

04 06 07 11LEASE ABSTRACT PROPERTY OVERVIEW AREA OVERVIEW TENANT OVERVIEW

City OverviewDemographics

Tenant ProfileLease SummaryRent Roll

Property ImagesLocation, Aerial & Retail Maps

© 2021 S a n d s I n v e s tme n t G r o u p ( S I G ) a n d P a r a S e l l . T h e i n f o rm a t i o n c o n t a i n e d i n t h i s ‘ O f f e r i n g Memo r a n d um ’ , h a s b e e n ob t a i n e d f r om s ou r c e s b e l i e v e d t o b e r e l i a b l e . S I Ga n d P a r a S e l l d o n o t d o u b t i t s a c c u r a c y ; h owe v e r , S I G a n d P a r a S e l l m a k e n o g u a r a n t e e , r e p r e s e n t a t i o n o r w a r r a n t y a b o u t t h e a c c u r a c y c o n t a i n e d h e r e i n . I t i s t h er e s p o n s i b i l i t y o f e a c h i n d i v i d u a l t o c o n d u c t t h o r o u g h d u e d i l i g e n c e o n a n y a n d a l l i n f o rm a t i o n t h a t i s p a s s e d o n a b ou t t h e p r o p e r t y t o d e t e rm i n e i t s a c c u r a c y a n dc omp l e t e n e s s . A n y a n d a l l p r o j e c t i o n s , m a r k e t a s s ump t i o n s a n d c a s h f l ow a n a l y s i s a r e u s e d t o h e l p d e t e rm i n e a p o t e n t i a l o v e r v i ew on t h e p r o p e r t y , h owe v e r t h e r e i s n og u a r a n t e e o r a s s u r a n c e t h e s e p r o j e c t i o n s , m a r k e t a s s ump t i o n s a n d c a s h f l ow a n a l y s i s a r e s u b j e c t t o c h a n g e w i t h p r o p e r t y a n d ma r k e t c o n d i t i o n s . S I G a n d P a r a S e l l e n c o u r a g ea l l p o t e n t i a l i n t e r e s t e d b u y e r s t o s e e k a d v i c e f r om you r t a x , f i n a n c i a l a n d l e g a l a d v i s o r s b e f o r e ma k i n g a n y r e a l e s t a t e p u r c h a s e a n d t r a n s a c t i o n .

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TABLE OF CONTENTSS A N D S I N V E S T M E N T G R O U P

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OFFERING SUMMARY

Sa nds I nve s tm e nt G roup i s P le a se d to P re se n t Exc lu s i ve l y

F o r Sa l e the 3 ,750 SF P e nsk e T ruck Re nta l L oca te d a t 710

Hi g h P o i n t L a ne i n Ea s t P e o r i a , I l l i no i s . T h i s D e a l I nc lude s

a H i g h - Q ua l i t y T e na n t T ha t Ha s O p e ra te d O ut o f T h i s

L oca t i on S i nce 2006 , P rov i d i ng F o r a Se cu re I nve s tm e nt .

P R I CE $600 ,000

CA P 6 . 32%

NO I $37 ,920

P R I CE P ER SF $160

G U A RA NT O R Corp o ra te

A D D RESS 710 H i g h P o i n t L a ne

Ea s t P e o r i a , I L 61611

CO U NT Y T a ze we l l

B U I L D I NG A REA 3 ,750 SF

L A ND A REA 4 . 01 A C

YEA R B U I L T 1975

PROPERTY SUMMARY

A C T U A L P R O P E R T Y I M A G E

INVESTMENT SUMMARY

S A N D S I N V E S T M E N T G R O U P

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HIGHLIGHTSP E N S K E T R U C K R E N T A L

§ Penske Truck Leas ing Holds the Largest MarketShare in the U.S . Truck Renta l Industry With Over3,000 Locat ions and 330,000 Vehic les Creat ing$8.4 Bi l l ion in Revenue

§ Tenant Has Been Operat ing Out of This Locat ionSince 2006, Showing Long Term Commitment tothe Site

§ Strategica l ly Located Off Highway 47 With EasyAccess For Travelers/Truckers

§ Strong Demographics With a Populat ion of 76,914Res idents Making an Average Household Income of$62,576 With in a 5-Mi le Radius

§ Populat ion Jumps to Over 240,389 With in a 10-Mi le Radius as You Move West Into Peor ia Proper

§ Peor ia is Home to the Caterp i l lar Inc . ’ s F i rs t GlobalHeadquarters and Eleven Warehouse Locat ionsand is the Major Employer in the Area

§ Other Major Employers Inc lude: OSF Heal thcare ,Centra l I l l ino is L ight Company and St Franc isMedica l Center

§ East Peor ia is the Si te to the Home Campus ofI l l ino is Centra l Col lege Which Serves 10,000Students and Staff

§ Also Located in East Peor ia is the Par-A-DiceHotel and Cas ino that Has Over 930 SlotMachines , Table Games and Much More; They AlsoHave an Award Winning 5-Star Restaurant , F i tnessRoom and Bal l room

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A C T U A L P R O P E R T Y I M A G E LEASE SUMMARYTENANT Penske Truck Leas ing

PREM ISES A Bu i ld ing of Approx imate ly 3 ,750 SF

LEASE COM M ENCEM ENT October 31 , 2006

LEASE EXPIRATION October 31 , 2024

LEASE TERM ~3 Years Remain ing

RENEW AL OPTIONS 1 x 3 Year

RENT INCREASES 5% at Opt ion

LEASE TYPE Tr ip le Net (NNN)

PERM ITTED USE Industr ia l

PROPERTY TAXES Tenant 's Respons ib i l i ty

INSURANCE Tenant 's Respons ib i l i ty

COM M ON AREA Tenant 's Respons ib i l i ty

ROOF & STRUCTURE Tenant 's Respons ib i l i ty

REPAIRS & M AINTENANCE Tenant 's Respons ib i l i ty

HVAC Tenant 's Respons ib i l i ty

UTIL IT IES Tenant 's Respons ib i l i ty

R IGHT OF F IRST REFUSAL Yes

SQUAREFOOTAGE

ANNUALBASE RENT

RENT PER SF

3,750 SF $37,920 $10.11

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A C T U A L P R O P E R T Y I M A G E S

A C T U A L P R O P E R T Y I M A G E S

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PEORIA

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High Point Ln

11E A S T P E O R I A | T A Z E W E L L C O U N T Y | I L

East Peoria, Illinois, in Tazewell county, is 2 miles S of Peoria, Illinois and 130 miles SW ofChicago, Illinois. Part of the surrounding Peoria - Pekin metro area, the city is not anisolated city. Located in Central Illinois, East Peoria has long drawn life from the IllinoisRiver and from the rich soil and natural resources of its location. From the time of theearliest Indians through its development as a suburban manufacturing community, EastPeoria, with its rich plain, scenic hills and abundant water, has grown and prospered. Thecurrent population of East Peoria, Illinois is 22,384 based on projections of the latest USCensus estimates.

The earliest industries revolved around coal mining as a rich vein of coal was discoverednear the surface. The development of railroads led to the development of East Peoria as amanufacturing center. The largest industries in East Peoria, IL are Health Care & SocialAssistance, Manufacturing and Retail Trade. East Peoria is part of the Peoria, IllinoisMetropolitan Statistical Area, located across the Illinois River from downtown Peoria. It ishome to many Caterpillar Inc. facilities. While Peoria is a great place for nearly all types ofdevelopment, targeted several industry sectors like Specialized Manufacturing, Health Careand Innovation & Technology match Central Illinois’ strengths and assets to encourage arobust and sustainable regional economy. The health-care industry accounts for at least25% of Peoria’s economy. The city has three major hospitals: OSF Saint Francis MedicalCenter, UnityPoint Health – Methodist, and UnityPoint Health – Proctor.

People who like to have fun would never be disappointed in East Peoria because it offers avaried range of activities. The area is famous for its special events and programs such asthe EastSide Centre athletic tournaments, the Festival of Lights, fishing tournaments, andcar shows. One can also visit the parks, golf courses, and museums in and around the city.Just a short drive away, Peoria is a historic city that offers many unique attractions,museums and things to do. Tourist can explore the Peoria Riverfront Museum, stop by theCaterpillar Visitors Center and stroll through Luthy Botanical Garden which features abeautiful conservatory filled with orchids and tropical plants. Best things to do in Peoria forfamilies include the Peoria Zoo, the Peoria PlayHouse Children's Museum and Forest ParkNature Center.

O S F S AI NT FR ANCI S ME D I CAL CE NTE R FE S TI VAL O F L I GHTS

P E O R I A, I L

123 M I L ES 5 M I L ES 10 M I L ES

P O P U L A T I O N 20 ,523 76 ,914 240 ,389

A V ERA G E HH I NC O M E $66 ,677 $62 ,576 $74 ,744

Caterpillar Corporate Offices

(42,974 VPD)

(30,920 VPD)

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TENANT PROFILEP E N S K E T R U C K R E N T A L

Penske Truck Leas ing Co. , L .P . i s a partnersh ip of Penske Corporat ion , PenskeAutomotive Group and Mitsu i & Co. , Ltd . S ince 1969, Penske Truck Leas inghas grown from a three- locat ion renta l and lease bus iness to a mult ib i l l ion-do l lar transportat ion serv ices company spanning the globe.

A leading global transportat ion serv ices provider , Penske Truck Leas ingoperates approx imately 330,000 vehic les and serves customers from morethan 1,100 locat ions in North Amer ica , South Amer ica , Europe, Austra l ia andAs ia . Product l ines inc lude fu l l -serv ice truck leas ing , contract maintenance,commerc ia l and consumer truck renta ls , used truck sa les , t ransportat ion andwarehous ing management and supply chain management so lut ions .

Our product l ines inc lude fu l l -serv ice leas ing and contract maintenance. OurPenske Truck Renta l serv ice , which is widely recognized for i ts icon ic yel lowtrucks with b lue str ipes , provides both commerc ia l t ruck renta ls and consumertruck renta ls in North Amer ica .

HEADQUARTERSReading, PA

COMPANY TYPEPrivate

FOUNDED1969

# OF LOCATIONS±1,100

WEBSITEgopenske.com

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CONFIDENTIALITY AGREEMENT

T h e i n f o r m a t i o n c o n t a i n e d i n t h e f o l l o w i n g O f f e r i n g M e m o r a n d u m i s p r o p r i e t a r y a n ds t r i c t l y c o n f i d e n t i a l . I t i s i n t e n d e d t o b e r e v i e w e d o n l y b y t h e p a r t y r e c e i v i n g i t f r o mS a n d s I n v e s t m e n t G r o u p ( S I G ) a n d P a r a S e l l a n d s h o u l d n o t b e m a d e a v a i l a b l e t o a n y o t h e rp e r s o n o r e n t i t y w i t h o u t t h e w r i t t e n c o n s e n t o f S I G a n d P a r a S e l l .

T h i s O f f e r i n g M e m o r a n d u m h a s b e e n p r e p a r e d t o p r o v i d e s u m m a r y , u n v e r i f i e d i n f o r m a t i o nt o p r o s p e c t i v e p u r c h a s e r s , a n d t o e s t a b l i s h o n l y a p r e l i m i n a r y l e v e l o f i n t e r e s t i n t h es u b j e c t p r o p e r t y .

T h e i n f o r m a t i o n c o n t a i n e d h e r e i n i s n o t a s u b s t i t u t e f o r a t h o r o u g h d u e d i l i g e n c ei n v e s t i g a t i o n , a n d m a k e s n o w a r r a n t y o r r e p r e s e n t a t i o n , w i t h r e s p e c t t o t h e i n c o m e o re x p e n s e s f o r t h e s u b j e c t p r o p e r t y , t h e f u t u r e p r o j e c t e d f i n a n c i a l p e r f o r m a n c e o f t h ep r o p e r t y , t h e s i z e a n d s q u a r e f o o t a g e o f t h e p r o p e r t y a n d i m p r o v e m e n t s , t h e p r e s e n c e o ra b s e n c e o f c o n t a m i n a t i n g s u b s t a n c e s , P C B ’ s o r a s b e s t o s , t h e c o m p l i a n c e w i t h S t a t e a n dF e d e r a l r e g u l a t i o n s , t h e p h y s i c a l c o n d i t i o n o f t h e i m p r o v e m e n t s t h e r e o n , o r t h e f i n a n c i a lc o n d i t i o n o r b u s i n e s s p r o s p e c t s o f a n y t e n a n t , o r a n y t e n a n t ’ s p l a n s o r i n t e n t i o n s t oc o n t i n u e i t s o c c u p a n c y o f t h e s u b j e c t p r o p e r t y .

T h e i n f o r m a t i o n c o n t a i n e d i n t h i s O f f e r i n g M e m o r a n d u m h a s b e e n o b t a i n e d f r o m s o u r c e sw e b e l i e v e t o b e r e l i a b l e ; h o w e v e r , S I G a n d P a r a S e l l h a v e n o t v e r i f i e d , a n d w i l l n o t v e r i f y ,a n y o f t h e i n f o r m a t i o n c o n t a i n e d h e r e i n , n o r h a v e S I G a n d P a r a S e l l c o n d u c t e d a n yi n v e s t i g a t i o n r e g a r d i n g t h e s e m a t t e r s a n d m a k e s n o w a r r a n t y o r r e p r e s e n t a t i o n w h a t s o e v e rr e g a r d i n g t h e a c c u r a c y o r c o m p l e t e n e s s o f t h e i n f o r m a t i o n p r o v i d e d . A l l p o t e n t i a l b u y e r sm u s t t a k e a p p r o p r i a t e m e a s u r e s t o v e r i f y a l l o f t h e i n f o r m a t i o n s e t f o r t h h e r e i n .

B y r e c e i p t o f t h i s M e m o r a n d u m , y o u a g r e e t h a t t h i s M e m o r a n d u m a n d i t s c o n t e n t s a r e o fc o n f i d e n t i a l n a t u r e , t h a t y o u w i l l h o l d a n d t r e a t i t i n t h e s t r i c t e s t c o n f i d e n c e a n d t h a t y o uw i l l n o t d i s c l o s e i t s c o n t e n t s i n a n y m a n n e r d e t r i m e n t a l t o t h e i n t e r e s t o f t h e O w n e r . Y o ua l s o a g r e e t h a t b y a c c e p t i n g t h i s M e m o r a n d u m y o u a g r e e t o r e l e a s e S I G a n d P a r a S e l l a n dh o l d i t h a r m l e s s f r o m a n y k i n d o f c l a i m , c o s t , e x p e n s e , o r l i a b i l i t y a r i s i n g o u t o f y o u ri n v e s t i g a t i o n a n d / o r p u r c h a s e o f t h i s p r o p e r t y .

S A N D S I N V E S T M E N T G R O U PA C T U A L P R O P E R T Y I M A G E

15EXCLUSIVELY MARKETED BY :

In Cooperat ion With ParaSel l , Inc . , ALicensed I l l ino is Broker Lic . #478027307

BoR: Scott Reid – Lic . #478027307

Penske Truck Renta l7 1 0 H i g h P o i n t L a n e

E a s t P e o r i a , I L 6 1 6 1 1

STRATTON GREIGLic. # 738303


AUSTIN MARSHLic. # 734360


SCOTT REIDLic. # 478027307

949.942.6585 | DIRECTscott@parasell inc.com

KYLE KELLYCA Lic. # 02090012


Penske Truck Rental

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