O F F E R I N G M E M O R A N D U M

15-Year NNN Leased Newly Constructed Caliber Collision

M U R R E L L S I N L E T ( M Y R T L E B E A C H )

S O U T H C A R O L I N A

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.

NON-ENDORSEMENT NOTICEMarcus & Millichap Real Estate Investment Services, Inc. (“M&M”) 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 w, its affiliates or subsidiaries, or any agent, product, service, or commercial listing of M&M, and is solely included for the purpose of providing tenant lessee information about this listing to prospective customers.

Marcus & 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 YOURMARCUS & MILLICHAP AGENT FOR MORE DETAILS.

Fort Pulaski NM

Congaree Swamp NM

Ninety Six NHS

Cowpens NB Kings Mountain NMP

Carl Sandburg Home NHS

Great SmokyMountains NP

Andrews

Bamberg

Calhoun Falls

Clover

Edgefield

Fairfax

Fountain Inn

Great Falls

Hampton

Kingstree

Landrum

Loris

Lugoff

Manning

Moncks Corner

Murrells Inlet

Pageland

Pendleton

Springdale

Springfield

St. Matthews

Walhalla

Whitmire

Williston

Winnsboro

Barnwell

Beaufort

BeltonBennettsville

Brookdale

Chester

Darlington

DillonHartsville

Lake City

Mullins

Newberry

Parris Island

Walterboro

York

Benson

Fairmont

Franklin

Maxton

Mount OlivePinehurst

Raeford

Rutherfordton

Southport

Tabor City

Wingate

Brevard

Clinton

Dunn

Hope MillsRockingham

Waynesville

Whiteville

Claxton

Commerce

Eatonton

Gordon

Hartwell

Louisville

Madison

McRae

Metter

Millen

Reidsville

Soperton

Sylvania

Wadley

Washington

Wrens

Wrightsville

Cochran

Eastman

Swainsboro

Waynesboro

Okatie

Anderson

Florence

Rock HillSpartanburg

Aiken

Berea

CayceConway

Easley

Gaffney

Georgetown

Goose Creek

Greenwood

Hilton Head Island

Ladson

Laurens

Mount Pleasant

Myrtle Beach

Orangeburg

Seven Oaks

Sumter

Union

Wade Hampton

Gastonia

AlbemarleConcord

Laurinburg

Lumberton

Monroe

North Belmont

Sanford

Shelby

Athens

Augusta

Dublin

Martinez

Milledgeville

Statesboro

Vidalia

Simpsonville

Charleston

Greenville

North Charleston

Fayetteville

Savannah

South Augusta

Charlotte

Columbia

GEORGIA

NORTH CAROLINA

SOUTH CAROLINA

Investment Summary .........................................1

Investment Highlights.........................................2

Aerial Map .........................................................4

Elevations ..........................................................5

Site Plan ............................................................7

Tenant Summary ................................................8

Location Highlights ...........................................10

Demographics/Area Map .................................12

TABLE OF CONTENTS

O V E R V I E W

Price $4,721,000

Gross Leasable Area (GLA) 16,900 SF

Lot Size (approx.) 2.52 Acres

Net Operating Income $292,708

CAP Rate 6.20%

Year Built 2018

L E A S E A B S T R A C T

Lease Type Absolute NNN

Lease Term 15 Years

Lease Start Estimated 5/21/2018

Renewal Options 2x5

Increases 10% every 5 years

Roof & Structure Tenant

A n n u a l i z e d O p e r a t i n g D a t a

Lease Term Annual Rent

Years 1-5 $292,708

Years 6-10 $321,978

Years 11-15 $354,176

Option 1 $389,594

Option 2 $428,553

12274 FRONTAGE ROAD, MURRELLS INLET (MYRTLE BEACH), SOUTH CAROLINA 29576

PRICE: $4,721,000 CAP: 6.20% RENT: $292,708

INVESTMENT SUMMARY

1

INVESTMENT HIGHLIGHTS• $4,721,000

• New15-yearcorporateguaranteedNNNlease

• Brandnew2018construction

• ScheduledopeningJuly2018

• Inflationresistantwith10%rentbumpseveryfiveyears

• Strongvisibilitywithtrafficcountsexceeding11,100vehiclesperdaydirectlyinfrontofthesite

• ThesiteisadjacenttoaHomeDepot

• ParentCompanyOMERShasaStandard&Poor’sAA+rating,CalibersubsidiaryhasaStandard&Poor’sBrating

11,900 VPD8,000 VPD

55,171 TOTAL POPULATION WITHIN 5-MILE RADIUS

$64,111AVERAGE HOUSEHOLD INCOME

- US-17

- HWY 17 BYPASS

2

US-17 - 11,900 VPD

HW

Y 17

BYP

ASS

- 8,

000

VPD

MALL

4

ELEVATIONS

55

6

FRONTAGE ROAD

Detention Area

DumpsterEnclosure

Vehicle Storage

EXISTINGBUILDING

SITE PLAN

7

CALIBER COLLISION PARENT COMPANY:OMERShasbeentheparentcompanyforCaliberCollisionsince2013.

OMERS Private Equity (Toronto, Canada & Lewisville, Texas): AWorldwide company. OMERS Private Equity has been makingprivateequity investmentssince1987onbehalfofOMERS,oneofCanada’s largest pension plans with in excess of $60.8 billion ofassets.Theymanageover$6.5billionofinvestmentsglobally.Beingpart of a pension fund has its advantages. It affords the ability tofocusoninvestinginbusinessesforlong-termvaluecreationratherthannear-termearnings.Capital is readily available eliminating theneed to fundraiser. It alsoprovides theopportunity to leverage therelationshipsoftheotherinvestmententitiesandresourcesofOMERS.OMERSboughtCaliberCollisionrepairservicesinNovember2013.Caliber isoneof the largest independentproviderof autocollisionrepairservices in theUnitedStateswithanetworkof157collisioncenterslocatedinCalifornia,Texas,Arizona,Nevada,Oklahoma,andColorado. The Company has approximately 3,700 employees andrepairsmorethan285,000vehiclesannually.

OMERSAdministrativeCorp–Standard&Poor’sAA+Rated

Moody’sRatedB2

TENANT SUMMARY

LEWISVILLE, TXHEADQUARTERS

OWNERSHIP INDUSTRY

LOCATIONSFOUNDED

AUTOMOTIVE

500+1997

PRIVATE

CEO

STEVE GRIMSHAW

PRESIDENT/COO

MARK SANDERS

CALIBER COLLISION

8

CALIBER COLLISION CENTERSCaliberCollisionCenters is the largest collision repair company inAmericawithmorethan500I-CARGoldClassProfessionalcertifiedcollision repair centers across 18 states. Caliber is consistentlyranked among the highest in customer satisfaction in the industryandbacksall repairworkwithawritten, lifetimewarrantyavailableat any of its 500+ repair centers. The company repairsmore than450,000 vehicles annually. Caliber Collision has undergone rapidrecentgrowthbyaggressivelyacquiringvariouslocalautobodyrepairshops. Caliber Collision has developed strategic partnershipswith57cardealerships throughout theU.S. inaddition to34 insurancecarriers,whichincludeAAA,GEICO,Farmers,LibertyMutual,Allstate,andUSAA.

• Caliber has strategic partnerships with 57 car dealerships throughout the US

• Caliber has contracted with 34 insurance carriers

AMERICA’S LARGEST COLLISION REPAIR COMPANYOWNERSHIP BREAKDOWN

SubsidiariesCaliberBodyworksofArizona,Inc.CaliberBodyworksofColorado,Inc.

CaliberBodyworksofDC,Inc.CaliberBodyworksofDelaware,Inc.CaliberBodyworksofFlorida,Inc.CaliberBodyworksofGeorgia,Inc.CaliberBodyworksofMaryland,Inc.CaliberBodyworksofNevada,Inc.

CaliberBodyworksofNewJersey,Inc.CaliberBodyworksofNewMexico,Inc.CaliberBodyworksofNorthCarolina,Inc.CaliberBodyworksofOklahoma,Inc.

CaliberBodyworksofPennsylvania,Inc.CaliberBodyworksofSouthCarolina,Inc.

CaliberBodyworksofTexas,Inc.CaliberBodyworksofVirginia,Inc.

CaliberBodyworksofWestVirginia,Inc.

CreditRating(Moody's)

"B2"

CreditRating(S&P)"AA+"

OMERSPrivateEquityDivision$85BillioninNetAssets

MajorityOwners

CaliberCollisionManagement

CreditRating(S&P)"B"

CHHoldingCorpGuarantorofLease

+ 500 /-LOCATIONS

$1.65 Billion2016 REVENUE

450,000+VEHICLES REPAIRED ANNUALLY

9

Fort Pulaski NM

Congaree Swamp NM

Ninety Six NHS

Cowpens NB Kings Mountain NMP

Carl Sandburg Home NHS

Great SmokyMountains NP

Andrews

Bamberg

Calhoun Falls

Clover

Edgefield

Fairfax

Fountain Inn

Great Falls

Hampton

Kingstree

Landrum

Loris

Lugoff

Manning

Moncks Corner

Murrells Inlet

Pageland

Pendleton

Springdale

Springfield

St. Matthews

Walhalla

Whitmire

Williston

Winnsboro

Barnwell

Beaufort

BeltonBennettsville

Brookdale

Chester

Darlington

DillonHartsville

Lake City

Mullins

Newberry

Parris Island

Walterboro

York

Benson

Fairmont

Franklin

Maxton

Mount OlivePinehurst

Raeford

Rutherfordton

Southport

Tabor City

Wingate

Brevard

Clinton

Dunn

Hope MillsRockingham

Waynesville

Whiteville

Claxton

Commerce

Eatonton

Gordon

Hartwell

Louisville

Madison

McRae

Metter

Millen

Reidsville

Soperton

Sylvania

Wadley

Washington

Wrens

Wrightsville

Cochran

Eastman

Swainsboro

Waynesboro

Okatie

Anderson

Florence

Rock HillSpartanburg

Aiken

Berea

CayceConway

Easley

Gaffney

Georgetown

Goose Creek

Greenwood

Hilton Head Island

Ladson

Laurens

Mount Pleasant

Myrtle Beach

Orangeburg

Seven Oaks

Sumter

Union

Wade Hampton

Gastonia

AlbemarleConcord

Laurinburg

Lumberton

Monroe

North Belmont

Sanford

Shelby

Athens

Augusta

Dublin

Martinez

Milledgeville

Statesboro

Vidalia

Simpsonville

Charleston

Greenville

North Charleston

Fayetteville

Savannah

South Augusta

Charlotte

Columbia

GEORGIA

NORTH CAROLINA

SOUTH CAROLINALOCATION HIGHLIGHTS

Located 71 miles North of Charleston and known as the Seafood Capital of

South Carolina

Home Depot is one of the largest employers in the

immediate area and is adjacent to the site

Strong visibility with trafficcountsexceeding11,100 vehicles per day

directly in front of the site

Located near the popular Marsh Walk which draws tourists and locals from far

and wide

MURRELLS INLET (MYRTLE BEACH), SOUTH CAROLINAGEORGETOWN COUNTY, MYRTLE BEACH, SC

M A J O R E M P L O Y E R S : 2 0 1 7H O R R Y & G E O R G E T O W N

C O U N T I E S

Horry County School District 5,650

Wal-Mart 2,700

Horry County Government 2,300

Coastal Carolina University 2,269

Georgetown Hospital System 1,800

Conway Medical Center 1,500

Grand Strand Regional Medical Center 1,400

Georgetown County School District 1,389

Food Lion 1,050

McLoud Health System 950

11.8 Miles to Myrtle Beach

10

MurrellsInlet,alsoknownasMyrtleBeach,locatedalongGeorgetownCounty,isalongtheAtlanticCoastandislocated71milesnorthofCharlestonand138mileseastofColombia,SC.ItearnednotorietymanyyearsagoasbeingthelairofBlackbeard,but ismorewidelyknownnowasthe“SeafoodCapital”ofSouthCarolina.MurrellsInletisanidealplaceforthosewholovetoexploretheoutdoors.MyrtleBeachenjoys60milesofbeacheswithsparklingwaters,whitesandandmiles of affordable and luxurious accommodations and campsites. The immediate area also appeals to thegolfers of theworldwithover100qualitygolfcourses,manydesignedbysomelegendsofthegame.

AlongtheMurrellsInletMarshWalk(located2milesfromthesubjectproperty)thereareamyriadofrestaurants,cafésandgastricpubs.Theretailintheareahasalsogrown,withtheGrandStrand,BroadwayattheBeach,BarefootLandingandtheMarketCommonjusttonameafewofthelocalshoppingoptions.TheMarshwalk,locatedintheheartofthehistoricfishingvillageofMurrellsInletisa½milewoodenboardwalkalonganaturalsaltwaterestuary.TheMarshwalkproudlyboasts the most spectacular waterfront dining along the GrandStrand,setagainstoneofnature’smostbeautifulstageshows.Theregiondrawsoutdoorenthusiastfromalloverwholiketoparticipateinwatersports,charterfishing,kayaking,andlivemusicintheevenings.MurrellsInletisabelovedandsoughtafterSouthCarolinasouthernbelleofaplace.

MURRELLS INLET,SOUTH CAROLINA

11

3 - M I L E R A D I U S

55,171Total Population Within 5-Mile Radius

$64,111Average Household Income Within

5-Mile Radius

$47,046Median Household Income

Within 5-Mile Radius

25,43 6T o t a l H o u s e h o l d s i n 5 - M i l e R a d i u s

56.28% From 2000

DEMOGRAPHICS / MURRELLS INLET, SC

Fort Pulaski NM

Congaree Swamp NM

Ninety Six NHS

Cowpens NB Kings Mountain NMP

Carl Sandburg Home NHS

Great SmokyMountains NP

Andrews

Bamberg

Calhoun Falls

Clover

Edgefield

Fairfax

Fountain Inn

Great Falls

Hampton

Kingstree

Landrum

Loris

Lugoff

Manning

Moncks Corner

Murrells Inlet

Pageland

Pendleton

Springdale

Springfield

St. Matthews

Walhalla

Whitmire

Williston

Winnsboro

Barnwell

Beaufort

BeltonBennettsville

Brookdale

Chester

Darlington

DillonHartsville

Lake City

Mullins

Newberry

Parris Island

Walterboro

York

Benson

Fairmont

Franklin

Maxton

Mount OlivePinehurst

Raeford

Rutherfordton

Southport

Tabor City

Wingate

Brevard

Clinton

Dunn

Hope MillsRockingham

Waynesville

Whiteville

Claxton

Commerce

Eatonton

Gordon

Hartwell

Louisville

Madison

McRae

Metter

Millen

Reidsville

Soperton

Sylvania

Wadley

Washington

Wrens

Wrightsville

Cochran

Eastman

Swainsboro

Waynesboro

Okatie

Anderson

Florence

Rock HillSpartanburg

Aiken

Berea

CayceConway

Easley

Gaffney

Georgetown

Goose Creek

Greenwood

Hilton Head Island

Ladson

Laurens

Mount Pleasant

Myrtle Beach

Orangeburg

Seven Oaks

Sumter

Union

Wade Hampton

Gastonia

AlbemarleConcord

Laurinburg

Lumberton

Monroe

North Belmont

Sanford

Shelby

Athens

Augusta

Dublin

Martinez

Milledgeville

Statesboro

Vidalia

Simpsonville

Charleston

Greenville

North Charleston

Fayetteville

Savannah

South Augusta

Charlotte

Columbia

GEORGIA

NORTH CAROLINA

SOUTH CAROLINA

12

POPULATION 1 MILE 3 MILES 5 MILES2022Projection TotalPopulation 6,359 35,930 62,585

2017Estimate TotalPopulation 5,737 31,629 55,171

2010Census TotalPopulation 4,937 27,302 47,696

2000Census TotalPopulation 3,673 19,268 34,945

CurrentDaytimePopulation 2017Estimate 5,924 26,523 47,827

HOUSEHOLDS 1 MILE 3 MILES 5 MILES2022Projection TotalHouseholds 3,065 17,202 29,172

2017Estimate

TotalHouseholds 2,719 14,987 25,436

Average(Mean)HouseholdSize 2.02 2.14 2.162010Census TotalHouseholds 2,344 12,900 21,946

2000Census TotalHouseholds 1,638 9,259 16,276

OccupiedUnits 2022Projection 3,065 17,202 29,1722017Estimate 3,598 23,512 40,418

HOUSEHOLDS BY INCOME 1 MILE 3 MILES 5 MILES2017Estimate

$150,000orMore 4.35% 4.70% 5.10%

$100,000-$149,000 8.04% 9.23% 9.27%$75,000-$99,999 11.25% 12.24% 12.15%$50,000-$74,999 19.30% 20.95% 20.54%$35,000-$49,999 19.31% 18.42% 18.14%Under$35,000 37.76% 34.46% 34.81%

AverageHouseholdIncome $59,843 $63,685 $64,111

MedianHouseholdIncome $43,753 $47,279 $47,046

PerCapitaIncome $28,429 $30,222 $29,585

HOUSEHOLDS BY EXPENDITURE 1 MILE 3 MILES 5 MILESTotalAverageHouseholdRetailExpenditure $54,395 $57,088 $56,713

ConsumerExpenditureTop10CategoriesHousing $14,780 $15,345 $15,324Transportation $9,360 $10,053 $10,043Shelter $7,524 $7,808 $7,806Food $5,528 $5,867 $5,866HealthCare $5,016 $5,079 $5,010PersonalInsuranceandPensions $3,579 $3,986 $4,017Utilities $3,505 $3,666 $3,667Gifts $3,008 $3,237 $3,186Entertainment $2,574 $2,691 $2,669CashContributions $2,212 $2,234 $2,204

POPULATION PROFILE 1 MILE 3 MILES 5 MILESPopulationByAge 2017EstimateTotalPopulation 5,737 31,629 55,171Under20 13.76% 15.03% 15.54%20to34Years 9.85% 11.02% 11.94%35to39Years 3.90% 4.72% 4.78%40to49Years 9.61% 10.35% 10.63%50to64Years 22.63% 24.35% 24.24%Age65+ 40.27% 34.53% 32.89%MedianAge 59.79 56.71 55.38

Population25+byEducationLevel2017EstimatePopulationAge25+ 4,761 25,826 44,646Elementary(0-8) 0.91% 0.86% 1.41%SomeHighSchool(9-11) 7.36% 6.21% 6.08%HighSchoolGraduate(12) 31.07% 31.23% 31.61%SomeCollege(13-15) 24.50% 23.54% 23.48%AssociateDegreeOnly 9.06% 9.95% 10.00%BachelorsDegreeOnly 17.80% 19.28% 18.08%GraduateDegree 9.16% 8.72% 8.87%

13

M U R R E L L S I N L E T ( M Y R T L E B E A C H )

S O U T H C A R O L I N A

LIOR REGENSTREIFSENIOR MANAGING DIRECTOR INVESTMENTS

SENIOR DIRECTOR, NET LEASED PROPERTIES GROUPENCINO OFFICE

Tel: (818) 212-2730Fax: (818) 212-2710

Lior.Regenstreif@marcusmillichap.comLicense: CA 01267761