Ashley Stewart , LuvStyle eauty 2935 W 159th Street ...

VLADIMIR GANZ

312-217-9917 vganz@

Ashley Stewart , LuvStyle Beauty 2935 W 159th Street , Markham, IL 60428

TABLE OF CONTENTS

TABLE OF CONTENTS

EXECUTIVE SUMMARY

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REGIONAL OVERVIEW

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AGENT REPRESENTATION

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EXECUTIVE SUMMARY

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EXECUTIVE SUMMARY

OFFERING SUMMARY

Ascend Real Estate Advisors LLC is pleased to provide the following Offering Memorandum pertaining to the exclusive marketing and sale of 2935 W 159th Street , A 40% occupied +/- 16,528 square foot Out Lot property located in Markham, Illinois. This asset is being sold on an "As-IS/ Where-Is" basis with no representations/warranties from the Seller.

ASKING PRICE TERMS ADDRESS COUNTY TOTAL SIZE

$ 1,800,000 (4.0% Cap)

Owner Financing Available

2935 W 159th Street , Markham, IL 60428

Cook County

+/- 16,528

Ashley Stewart +/- 5,074

LuvStyle Beauty +/- 1,426

VACANT

+/- 10,028

SITE SIZE PARCEL ID PARKING

+/- .53 AC 28-24-101-037-0000 Cross Easements with shopping center

OCCUPANCY

40%

LEASE COMMENCEMENT Ashley Stewart 11/1/05 LuvStyle Beauty 5/1/2016

LEASE EXPIRE

Ashley Stewart 6/30/2020 LuvStyle Beauty 4/30/2019

THE OFFERING PROCESS

TRANSACTIONS GUIDELINES

This property is being sold on an "As-is/Where-is" basis with no representations or warranties from the Seller. The Seller is unable to joint venture or sell under land contract. Source of capital must accompany all offers in the form of a proof of funds document that can be verified. Seller financing is not available.

All offers must be presented in writing to the Agent and must include the following:

? Price

? Source od capital and details of any approvals, if required

? Outline of proposed schedule of due diligence and closing

? Description of any due diligences requirements

? The amount of earnest money deposit: minimum of 5% of the purchase price is required.

? Description of any physical or financial assumptions that impact the price offered.

A prospective purchaser will be selected by the Owner with sole and absolute discretion on the basis of a vareity of factors, including but not limited to:

? Offer price

? Financial strength

? Level of discretion to invest funds

? Ability to close in a timely fashion

? Experience in closing similar transactions

? Number and list of contingencies, if any

? Level of property due diligence completed and thoroughness of property

DISPOSITION TIMELINE

The timeline and process for disposition is as follows:

? Following distribution of the offering materials, the Agent will be available to answer any questions related to the offering. Prospective purchasers will be able to schedule property visits to perform site inspections or other due diligence prior to the call for offers date. Property tours will be conducted by appointment only.

? Prospective purchasers will be given advance notice of the due date for all offers/bids at the Agent's sole and absolute discretion. Offers may be presented at any time. The seller reserves the right to accept or decline an offer at any time on or before the call for offers date.

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OFFERING SUMMARY

The investment opportunity presented within this Offering Memorandum is comprised of a +/- 16,528 square foot freestanding retail property located in Markham, IL and leased to Ashley Stewart, LuvStyle Beauty including a 10,028 square foot vacant space on a NNN basis with minimal landlord responsibilities.

FINANCIAL SUMMARY

ASKING PRICE

$1,800,000.00 (4% Cap)

ANNUAL RENT LEASE EXPIRATION

$71,653.00 NNN annually ? 2 ? 5 year options with increases Ashley Stewart 6/30/2020 LuvStyle Beauty 4/30/2019

CURRENT OCCUPANCY 40%

PROPERTY OVERVIEW

2935 159th Street is 40% occupied +/- 16,528 square feet Multi-tenant retail property leased to Ashley Stewart, LuvStyle Beauty including a vacant 10,028 sf space . The subject property is located in Markham, IL. Markham is located between two major interstates (I-57 and I 294) and it is necessary to pass through Markham to get neighboring communities.

The property is located at a hard corner at the intersection of Kedzie Avenue and 159th Street and is surrounded by retail. The subject property sits in an out lot in front of a 265,000 square foot shopping center.

Kedzie Ave and 159th Street is the main intersection of Markham with over 40,000 vehicles passing through per day. Residential dwellings surround this major intersection with through traffic running to adjacent communities off of the main highways.

Ashley Stewart is an American plus size women's clothing company and lifestyle brand, which was founded in 1991. The name Ashley Stewart was inspired by Laura Ashley and Martha Stewart, who the company saw as icons of upscale Americana.

Population in this trade area is 93,000 people within a 3 mile radius with an average house hold income of $62,660

INVESTMENT HIGHLIGHTS

The opportunity being presented herein gives potential investors the ability to acquire a multi-tenant building NNN leased to Ashley Stewart , LuvStyle Beauty and a 10,028 vacant space "with stabilized". Other highlights include: ? NNN investment property including Ashley Stewart and LuvStyle Beauty

? The building has a vacant 10,028 sf space right on 159th street that can be divided

? Great building for an owner user

? Ashley Stewart is a solid national tenant with locations all over the country

? Tremendous upside to this asset

? Located on busy 159th street in between I-57 and I -294

? Situated in front of Canterbury Plaza a 265,000 sf Neighborhood center.

? National tenants include CitiTrends, Ashley Stewart, Fairplay Foods, Dollar Tree, Charter Fitness, KFC, Rent-A-Center, Subway and many more.

? Strong retail corridor with traffic counts in excess of 40,000 VPD.

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EXECUTIVE SUMMARY

PARCEL 28-24-101-037-0000

ASHLEY STEWART AND

LUVSTYLE BEAUTY

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EXECUTIVE SUMMARY

GREATER AREA MAP

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ASHLEY STEWART LUVSTYLE BEAUTY

EXECUTIVE SUMMARY

TRADE AREA DEMOGRAPHICS

MARKHAM ILLINOIS 3 MILES 5 MILES 10 MILES

2017 POPULATION 93,093 180,903 787,653

2017 AVERAGE HHI $ 62,660 $ 63,726 57,396

2017 MEDIAN AGE 38.1 40.2

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TRADE AREA DESCRIPTION

Markham, IL has a population of 93,093 with in a 3 mile radius and is the 3,284th largest city in the United States. The population density is 2,337 per sq mi which is 951% higher than the Illinois average and 2480% higher than the national average. The median age in Markham is 38 which is approximately 1% higher than the Illinois average of 37. In Markham, 40% of the population over 15 years of age are married, 92% speak English and 7% speak Spanish. 76% of Markham residents were born in Illinois, 20% were born out of state, 0% were born outside of the United States and 4% were foreign born. Markham is situated between two major highways I-57 and I-294 which gives the town great access and allure to new businesses.

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