1350 Beville Road Daytona Beach, FL 32114

Actual Site

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 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 com-pleteness of the information provided. All potential buyers must take appropriate measures to verify all of the information set forth herein.

NON-ENDORSEMENT NOTICE

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.

NET LEASED DISCLAIMER

Marcus & Millichap hereby advises all prospective purchasers of Net Leased property as follows:

The information contained in this Marketing Brochure has been obtained from sources we believe to be reliable. However, Marcus & Millichap has not and will not verify any of this information, nor has Marcus & Millichap conducted any investigation regarding these matters. Marcus & Millichap makes no guarantee, warranty or representation whatsoev-er about the accuracy or completeness of any information provided.

As the Buyer of a net leased property, it is the Buyer’s responsibility to independently confirm the accuracy and completeness of all material information before completing any purchase. This Marketing Brochure is not a substitute for your thorough due diligence investigation of this investment opportunity. Marcus & Millichap expressly denies any obli-gation to conduct a due diligence examination of this Property for Buyer.

Any projections, opinions, assumptions or estimates used in this Marketing Brochure are for example only and do not represent the current or future performance of this property. The value of a net leased property to you depends on factors that should be evaluated by you and your tax, financial and legal advisors.

Buyer and Buyer’s tax, financial, legal, and construction advisors should conduct a careful, independent investigation of any net leased property to determine to your satisfaction with the suitability of the property for your needs.

Like all real estate investments, this investment carries significant risks. Buyer and Buyer’s legal and financial advisors must request and carefully review all legal and financial documents related to the property and tenant. While the tenant’s past performance at this or other locations is an important consideration, it is not a guarantee of future suc-cess. Similarly, the lease rate for some properties, including newly-constructed facilities or newly-acquired locations, may be set based on a tenant’s projected sales with little or no record of actual performance, or comparable rents for the area. Returns are not guaranteed; the tenant and any guarantors may fail to pay the lease rent or property taxes, or may fail to comply with other material terms of the lease; cash flow may be interrupted in part or in whole due to market, economic, environmental or other conditions. Regard-less of tenant history and lease guarantees, Buyer is responsible for conducting his/her own investigation of all matters affecting the intrinsic value of the property and the value of any long-term lease, including the likelihood of locating a replacement tenant if the current tenant should default or abandon the property, and the lease terms that Buyer may be able to negotiate with a potential replacement tenant considering the location of the property, and Buyer’s legal ability to make alternate use of the property.

By accepting this Marketing Brochure you agree to release Marcus & Millichap Real Estate Investment Services and hold it harmless from any kind of claim, cost, expense, or liability arising out of your investigation and/or purchase of this net leased property.

Investment Highlights

Marcus & Millichap is pleased to present CVS in Daytona Beach, Florida with over 8.5 years remaining on a double net lease. The property was built in 2001 with a total of 10,908 square feet gross leasable area, situated on an oversized lot of approximately 1.76 acres of land in the at the signalized intersection of South Clyde Morris Boulevard and Beville Road. The site benefits from excellent visibility from both directions and the property boasts ample parking and a double drive through and features rental increases in the option periods. The one-mile radius population has experienced an 11% growth and there are over 126,000 residents within a five-mile radius.

Adjacent to the property is The Shoppes at Beville Road, a 105,000-square foot Publix-anchored center including national tenants such as Bank of America Pizza Hut, Taco Bell, UPS Store and more local retailers. Directly west of the property is the Daytona Beach International Airport, which serves over half a million flyers annually. Also directly west is the Daytona International Speedway, which is the home of the Daytona 500, NASCAR’s most prestigious event.

The property is surrounded by numerous national tenants including Publix, Walmart Supercenter, and Sam’s Club. The property is located between several hospitals, including Halifax Medical Center which has 80 beds and the newly remodeled and renovated Memorial Medical Center, which has 400 beds.

This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Any projections, opinions, assumptions or estimates used herein are for example purposes only and do not represent the current or future performance of the property. Marcus & Millichap Real Estate Investment Services is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2017 Marcus & Millichap -

The Area

Walgreen’s

Burger King

McDonald’s

One-Mile from Daytona International Speedway, Daytona Beach International Airport, and Intracostal Waterway

Shangri-La Residential Community

Sun PointeApartments

Forest LakeApartments

The Area Cont.

Over 51,000 Combined Traffic Count*

*At the Intersection of Beville Road and South Clyde Morris Boulevard

Beville Road

South Clyde Morris Boulevard

Investment Highlights & PROPERTY SUMMARY

• Rentable SF….... 10,908 SF• Land Area…....... 1.76 AC• Year Built…........ 2001• Current Rent…... $290,225

• 8.5+ Years Remaining on Initial Lease Term• Investment Grade Credit - “BBB+” Rating by Standard & Poor’s• Minimal Landlord Responsibilities• Florida is an Income Tax Free State• Just One-Mile from Daytona Beach Airport and Speedway and

Intracoastal Waterway• Over 126,000 Population within a Five-Mile Radius - Strong Growth

Trending Upward

This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Any projections, opinions, assumptions or estimates used herein are for example purposes only and do not represent the current or future performance of the property. Marcus & Millichap Real Estate Investment Services is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2017 Marcus & Millichap -

Pricing SummaryPRICE $4,995,000

PROPOSED NEW FINANCING

LEASE SUMMARY

Capitalization Rate Net Operating Income Total Rentable Area Lot Size (Acres)

Loan Amount Loan Type Interest Rate AmortizationProgramLoan to Value

Tenant Trade NameInitial Lease TermGuaranteed Term RemainingLease TypeLease GuarantorRoof and Structure ResponsibilityRent Commencement DateLease ExpirationOptions

5.81%$290,225

10,908 SF1.76 Acres

$3,496,500Proposed New

3.9%25 Years

5-Year Fixed70%

CVS25 Years8.5 Years

NN - Double NetCorporate

Landlord Responsible3/16/20013/15/2026

Five, Five-Year with Increases

This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Any projections, opinions, assumptions or estimates used herein are for example purposes only and do not represent the current or future performance of the property. Marcus & Millichap Real Estate Investment Services is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2017 Marcus & Millichap -

Actual Site

*Loan Programs, lender’s terms, and interest rates are subject to market changes.

LOCATION

ABOUT DAYTONA BEACH, FLLocated along north Florida’s Atlantic coast, Daytona Beach offers over 23 miles of beaches. Daytona Beach hosts seasonal NASCAR races and Bike Week, a motorcycle event that brings in approximately 500,000 people every March. The city is also home to the annual LPGA International and features two 18-hole courses and the LPGA headquarters. In addition to tourism, health care, retail, manufacturing, and education support the Daytona Beach economy.

Each year, millions of visitors make their way to Daytona Beach and the surrounding area for fun, sun, surf and one-of-a-kind experiences. The Daytona Beach area is a wonderful blend of the easy beach lifestyle and world-class arts and entertainment events. From a family-friendly, free music series located on the Atlantic Ocean to various cultural festivals and sporting events, you’ll never run out of things to do when visiting Daytona Beach. The area has a wide variety of activities and entertainment for people of all ages. Daytona Beach is famous for its beaches and motorsports, but the area also offers an abundance of shopping, nightlife, cultural events, and sporting activities, making it the perfect family vacation spot.

• 1 Mile Radius Population: 10,941 People• 1 Mile Radius Avg HH Income: $41,015 • 3 Mile Radius Population: 61,148 People• 3 Mile Radius Avg HH Income: $44,483 • 5 Mile Radius Population: 126,529 People• 5 Mile Radius Avg HH Income: $47,192

DEMOGRAPHICS

+7.15% Growth (2010-2016)

+6.86% Growth (2010-2016)

+11.51% Growth (2010-2016)

TENANT OVERVIEW

This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Any projections, opinions, assumptions or estimates used herein are for example purposes only and do not represent the current or future performance of the property. Marcus & Millichap Real Estate Investment Services is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2017 Marcus & Millichap -

CVS/HEALTH CVS/Health is one of the nation’s largest retail pharmacy chains, with 7,700 stores located in 42 states, the District of Columbia, and Puerto Rico. With more than 40 years in the retail pharmacy industry, CVS/Health generates over 68 percent of its revenue from the pharmacy business. CVS/pharmacy fills more than one of every seven retail prescriptions in America and one of every five in their own markets. Their ExtraCare program boasts over 70 million cardholders, making it the largest retail loyalty program in the country.

CVS/Caremark, one of the nation’s leading pharmacy benefit management companies, provides comprehensive prescription benefit management services to over 2,000 health plans, including corporations, managed care organizations, insurance companies, unions and government entities. It had over 65 million plan members as of mid-2014. With net revenue of approximately $76 billion in 2013, they are also one of the largest pharmacy benefit management companies. Caremark operates a national retail pharmacy network with over 68,000 participating pharmacies, as well as 11 mail service pharmacies.

Company:

No. of RetailLocations:

Credit Rating:

Total Sales:

Net Income:

Net Worth:

Website:

CVS Health Corporation (NYSE:CVS)

9,655 (as of 12/2016)

S&P: BBB+

$177.53 Billion

$5.29 Billion

$36.83 Billion

www.CVS.com

(A) Based on 2016 CVS public reports.

Company Profile

Actual Site

1350 Beville Road Daytona Beach, FL 32114

Actual Site

AGENT CONTACTI N F O R M AT I O N David Berookhim DBerookhim@marcusmillichap.com (213) 943-1893 CA BRE# 01984125Loan Advisor Ronald Balys RBalys@marcusmillichap.com (213) 943-1878 CA BRE# 01947124

Armond Aivazyan AAivazyan@marcusmillichap.com (213) 943-1846 CA BRE# 01954384Yannis Papadakis YPapadakis@marcusmillichap.com (213) 943-1827 CA BRE# 01957169