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NET LEASED INVESTMENT OFFERING

Family Dollar 61 East Ridge Road Gary, IN 46409 (Chicago MSA)


CONFIDENTIAL OFFERING MEMORANDUM

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TABLE OF CONTENTS
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TABLE OF CONTENTS

1) 2) 3) 4) 5) 6) 7) 8) 9)

Confidentiality & Disclaimer Executive Summary Property Overview Aerial Maps Tenant Profile Demographic Comparison Report Location Overview Contact Information

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CONFIDENTIALITY & DISCLAIMER


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CONFIDENTIALITY & 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 The Boulder Group and should not be made available to any other person or entity without the written consent of The Boulder Group. 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. The Boulder Group 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 tenants 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, The Boulder Group has not verified, and will not verify, any of the information contained herein, nor has The Boulder Group 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.

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EXECUTIVE SUMMARY
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EXECUTIVE SUMMARY
The Boulder Group is pleased to exclusively market for sale a single tenant net leased Family Dollar property located in the Chicago metropolitan area. The 11,460 square foot Family Dollar was built in 2005. Gary, Indiana is located 30 miles south of downtown Chicago. Gary remains involved with heavy manufacturing and U.S. Steel is the largest employer in the area with 6,800 employees. The property is located on the corner of Ridge Road and Broadway. The subject is benefitted by a traffic signal on the hard corner which creates constant traffic flow at the property. Just one-third of a mile north of the property is the University of Indiana Northwest campus and its 5,000 undergraduate students. The property is located in a dense area filled with single family homes. Family Dollars original lease term is for 10 years with four 5-year renewal options and the lease expires in December 2015. Family Dollar is a publicly traded company on the New York Stock Exchange (FDO), with a market capitalization of $5 Billion. Family Dollar is an investment grade tenant with a Standard and Poors rating of BBB-.

INVESTMENT HIGHLIGHTS Investment grade tenant Rental rates increase in option periods Less than one-third mile from Indiana University Northwest (5,000 students) Positioned near a dense area filled with single family homes Located within the Chicago MSA

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PROPERTY OVERVIEW
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PROPERTY OVERVIEW

Price: Cap Rate: Net Operating Income:

$1,026,084 8.50% $87,217 $95,939 January 1, 2016 (1st option) $105,533 January 1, 2021 (2nd option) $116,086 January 1, 2026 (3rd option) $127,695 January 1, 2031 (4th option) Four 5-year renewal options July 1, 2005 December 31, 2015 Family Dollar BBB- (Standard and Poors) 2005 NN (roof and structure) 11,460 27,007 SF

Renewal Options: Lease Commencement Date: Lease Expiration Date: Tenant: Credit Rating: Year Built Lease Type: Rentable Square Feet: Land Acreage:

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AERIAL
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AERIAL

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23,700 ADT

MAPS
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MAPS

SITE

SITE

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TENANT PROFILE
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TENANT PROFILE
Family Dollar is a regional chain of variety stores in the United States and is a leader in the dollar store industry. It opened in 1959 and operates approximately 6,817 stores in 44 states and the District of Columbia. Family Dollar offers a mix of quality name brand products that customers use every day. This includes items from consumable products, home goods, quality apparel for men, women and children, seasonal products, greeting cards, gift-wrap and more. Family Dollar is currently ranked #302 on the Fortune 500. Family Dollar runs small neighborhood stores near its low- and middle-income customers in rural and urban areas. Most merchandise costs less than $10.

Website: Number of Locations: Stock Symbol: Standard & Poors Rating: Market Capitalization:

www.familydollar.com 6,617 FDO : NYSE BBB$5 Billion

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DEMOGRAPHIC COMPARISON REPORT


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DEMOGRAPHIC COMPARISON REPORT


Population Total Population Total Households 1-mile 15,022 5,103 3-mile 66,679 24,743 5-mile 156,130 59,659

Income

1-mile $37,585 $46,255

3-mile $39,201 $48,212

5-mile $44,645 $52,855

Median Household Income Average Household Income

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LOCATION OVERVIEW
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LOCATION OVERVIEW

Gary is a city in Lake County, Indiana. Gary is located in the Chicago metropolitan area, in the state of Indiana. The population at the 2010 census was 89,294, making Gary the seventh largest city in the state of Indiana. Gary is located on the shores of Lake Michigan and has access to three interstates. Gary is home to the University of Indiana Northwest. IU-Northwest is home to over 5,000 undergraduate students and over 600 graduate students.

Chicago MSA is the third most populated metropolitan area in the United States with 9,580,567 residents. The MSA covers over 1,300 square miles and six counties. The Chicago metropolitan area is home to the corporate headquarters of 57 Fortune 1000 companies, including Boeing, McDonald's, Motorola, Discover Financial Services and United Airlines. Chicago is a major hub for industry, telecommunications and infrastructure and O'Hare International Airport is the second busiest airport in the world in terms of traffic movement. The metro is also a major financial center in North America, and is home to the largest futures exchange in the United States, the CME Group. Chicago is third in the world on the Global Financial Centers Index which ranks the competitiveness of financial centers based on people, business environment, market access, infrastructure and general competitiveness.

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CONTACT INFORMATION
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CONTACT INFORMATION

666 Dundee Road | Suite 1801 Northbrook, IL 60062 Randy Blankstein President 847.562.0003 rblank@bouldergroup.com Jimmy Goodman Partner 847.562.8500 jimmy@bouldergroup.com

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