35 Tanyard Station Drive | Barboursville, WV 25504 OFFERING MEMORANDUMALDI

MARCUS NIDIFFERMO WHITTENMarcusn@ira-realty.com423-571-7012423-968-5971License: TN 334533

MoW@ira-realty.com423- 534-1634423-968-5971License: TN 343679

TABLE OF

CONTENTSINVESTMENT HIGHLIGHTS

TENANT PROFILE

PROPERTY PHOTOS

AMENITIES MAP

LOCATION MAP

AREA OVERVIEW

LOCAL DEMOGRAPHICS

TANYARD STATION

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02

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05

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THE OFFERING

SITE PLAN08

THE OFFERING

LEASE SUMMARY

TENANT Aldi Inc. (Ohio), LLC dba ALDI

GUARANTOR Corporate

ASKING PRICE $3,670,000CAP RATE 4.50%

ADDRESS 35 Tanyard Station Drive | Barboursville, WV 25504

BUILDING SIZE ± 23,435 SF

LAND SIZE ± 2.356 AC

YEAR BUILT 2018

ANNUAL RENT $165,150

LEASE TERM 20 Years

LEASE TYPE Ground

COMMENCEMENT January 1st, 2019

EXPIRATION December 31st, 2039

INCREASES 10% Increases Within Option Periods

OPTIONS 6 x 5-Year Options

LANDLORD No Responsibilities

INVESTMENT HIGHLIGHTS

STRATEGIC RETAIL SITETanyard Station Expected to Generate Millions in Retail

Sales. Site Captures Local & Regional Visitors

ATTRACTIVE INVESTMENT OPPORTUNITY

High-Performing Tenant With 1,750 U.S. Stores in 35 States. No Landlord Responsibilities on 20-Year Ground

Lease. Highly Visible Site Directly O� US 60. (30K+ ADT)

I-64 Connecting the property with Ohio, West Virginia and Kentucky. Trade area population of 471, 437

HIGHLY CONNECTED SITE

TENANT PROFILE ALDI is the common brand of two leading global discount supermarket chains that boast over 10,000

stores in over 18 countries that span the globe from the United States all the way to Australia.

ALDI—operationally split between Aldi Nord (known as Trader Joe’s in the U.S.) and Aldi Süd (known

as ALDI in the U.S.)—have an estimated combined turnover of more than $59 billion annually.

Founded by the Albrecht family in Germany in 1961, ALDI’s first U.S. flagship supermarket opened in

Iowa in 1976. Since then, the ALDI empire has grown to over 1,750 stores in 35 states, and the Com-

pany recently announced a $3.4 billion capital investment to expand to 2,500 stores nationwide by

the end of 2022. With this growth, ALDI will be the third largest grocery store by count in the U.S.,

serving 100 million customers monthly. As of March 2018, ALDI has continued to grow its partnership

with Instacart by providing grocery delivery services in Atlanta, Dallas, Los Angeles, Chicagoland,

Northwest Indiana and Rockford, with the potential for future expansion.

The chain has been named the value leader among U.S. grocery stores for the seventh year running

according to an independent survey of U.S. consumers. ALDI received the 2015 Supermarket News

Retailer Achievement Award for its ongoing business expansion and evolution and, in 2017, the chain

was recognized as a value leader among U.S. grocery stores by a Market Force Information® survey

of U.S. consumers.

ALDI

1,750+

1976

$59 BillionUS Locations

First US Location

Annually Combined turnover

1961Founded in Germany

U.S. Route 60 is the main east to west corridor in Cabell County

Totaling 400,000 Square feet

Large anchor stores, retail shops and restaurants

Approximately $9M in road improvements

58,870 projected traffic count on US 60/SR 193

2018 Estimated Opening

Totaling over 200,000 square feet of space, the 50-acre site will be home to large anchor stores, retail outlets, restaurants, bank, a hotel and a gas station. Tanyard Station will be an economic boost to the region, bringing additional jobs and commerce to the I-64 corridor in Cabell County and the Village of Barboursville.

TANYARD STATION LOCATED AT EXIT 18, OFF OF I-64, TANYARD STATION IS WELL POSITIONED TO BE A RETAIL DEVELOPMENT OF REGIONAL IMPACT!

PROPERTY PHOTOS

AMENITIES MAP Merrit Creek Farm

Huntington Mall18

20A

20B

18

LOCATION MAP

Barboursville, WV

Huntington, WVMarshall University

WEST VIRGINIA

OHIO Barboursville, WV1 mile

Marshall University10 miles

Huntington, WV11 miles

40,000 ADT

SITE PLAN

The Village of Barboursville was founded in 1813 by an Act of the Virginia Assembly. As

the Cabell County Seat, it became a busy town of commerce and politics. A port of call

for boats running on the Guyandotte River, Barboursville flourished as an industrial

center. Many visitors came to the area to establish deeds and records and appear

before the county court. During the Civil War several skirmishes took place in and

around the village. After the war, the County Seat was moved to nearby Huntington. As

the railroads and highways passed by, Barboursville became a quiet, residential

setting of historic homes and figures.

BARBOURSVILLE, WV

Huntington is located in western West Virginia. It is the county seat of Cabell County and also

stretches into Wayne County.

It is both a vibrant, energetic city and a place where heritage comes alive. Sitting on the Ohio River

at the point where West Virginia, Ohio and Kentucky meet, Huntington is part of the largest inland

port in the United States.

As of the 2010 Census, Huntington’s population was 49,138. It is the second largest city in the state.

However, it is the hub of the Huntington-Ashland-Ironton metropolitan area, which spans seven

counties and three states and has a population of 365,419.

HUNTINGTON, WV

AREA OVERVIEW

By Tim Kiser (w:User:Malepheasant) - Own work, CC BY-SA 2.5, https://commons.wikimedia.org/w/index.php?curid=2411996

Source: https://www.barboursville.org/our-history.html

Source: http://www.cityofhuntington.com/visitors/community-profile

LOCAL DEMOGRAPHICS

SERVING THE FOLLOWING COUNTIES

TRADE AREA POPULATION

In West Virginia: Cabell, Wayne, Lincoln, Mason and Putnam

In Ohio: Gallia and Lawrence

In Kentucky: Boyd, Greenup, Carter, Elliot and Lawrence.

Population of 471, 437

2018 Summary 10 Miles 20 Miles 30 Miles

Traffic Counts

*Source: STDB - Site To Do Business

Population 106,823 234,834 471,437

Households 45,039 96,799 177,798

Families 26,768 62,452 117,120

Average Household Size 2.28 2.37 2.39

Owner Occupied Housing Units 27,774 65,847 124,842

Renter Occupied Housing Units 17,265 30,952 52,955

Median Age 40.5 41.9 42.6

Median Household Income $40,865 $44,463 $45,127

Average Household Income $58,417 $61,273 $61,297

Interstate 64 + 52,722 VPD

US 60 + 27,208 VPD

Big Ben Bowen Hwy + 15,201 VPD

MASONGALLIA

LAWRENCE PUTNAM

LINCOLNWAYNE

LAWRENCE

BOYD

ELLIOT

CARTER

GREENUPCABELL

Charleston, WV 35 MiWashington, D.C. 399 MiBaltimore, MD 404 MiPhiladelphia, PA 506 Mi

Richmond, VA 350 MiCharlotte, NC 305 MiNorfolk, VA 450 Mi

Pittsburgh, PA 250 MiCleveland, OH 291 MiToronto, Canada 550 MiNew York, NY 570 Mi

Colombus, OH 145 MiChicago, IL 455 Mi