Leased to Fortune 500 Company Tenant PPG Paints...Pittsburgh Paint (PPG Industries) assumed all four...

Broker: Jon Angel President 203.335.6600, Ext. 21 [email protected]

ANGEL C O M M E R C I A L , L . L . C .

2425 POST ROAD, SUITE 303, SOUTHPORT, CT 06890 • TEL 203.335.6600 • FAX 203.335.9900 • WWW.ANGELCOMMERCIAL.COM No warranty of representation, express or implied is made as to the accuracy of the information contained herein, and same is submitted subject to errors, omissions,

change of price, rental or other conditions, withdrawal without notice and to any special listing conditions imposed by our principals.

PPG Industries Four Property Portfolio For Sale

Leased to Fortune 500 Company Tenant PPG Paints

BRIDGEPORT, CT DANBURY, CT

SPRINGFIELD, MAWATERBURY, CT

ALSO AVAILABLE AS INDIVIDUAL ASSETS

FOR SALE

Broker: Jon Angel President 203.335.6600. Ext. [email protected] C O M M E R C I A L , L . L . C .

A GELN2425 POST ROAD, SUITE 303, SOUTHPORT, CT 06890 • TEL 203.335.6600 • FAX 203.335.9900 • WWW.ANGELCOMMERCIAL.COM

No warranty of representation, express or implied is made as to the accuracy of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice and to any special listing conditions imposed by our principals.

Four Property Portfolio PPG Industries

PagePortfolio Overview 3

About the Portfolio 4

News Release: PPG Industries Acquires Painter’s Supply 5

Location Map 6

Town Overviews 7

1739 Main Street, Bridgeport, CT Fact Sheet 8 Neighborhood Map 9 TrafficReport 10 DemographicProfile 11

211 White Street, Danbury, CT FactSheet 12 NeighborhoodMap 13 TrafficReport 14 DemographicProfile 15

1225 Thomaston Avenue, Waterbury, CT FactSheet 16 NeighborhoodMap 17 TrafficReport 18 DemographicProfile 19752 Page Boulevard, Springfield, MA Fact Sheet 20 NeighborhoodMap 21 TrafficReport 22 DemographicProfile 23ConfidentialityAgreement 28

Contents




X Total portfolio offers approximately 58,856 RSF on 2.34 acres.

X 2016ProjectedNOI:$568,787.92withscheduled increases and 8% CAP rate.

X Corporate Guarantee from Fortune 500 Company, PPG Industries.

X NNN leases with rate increases over the term.

X Locatedwithinhightrafficareasandin

close proximity to highways.

LOCATION APPROX. BUILDING SIZE LAND PROJECTED 2016 NOI PRICE

Bridgeport, CT 35,335 RSF .85 $254,000.06 $3,120,000.00

Danbury, CT 7,286 RSF .42 $137,589.39 $1,683,000.00

Waterbury, CT 6,615RSF .67 $62,540.63 $765,000.00

Springfield,MA 9,600 RSF .40 $114,657.83 $1,402,500.00

TOTAL 58,856 RSF 2.34 $568,787.92 $6,970,500.00

BRIDGEPORT

DANBURY

WATERBURY

SPRINGFIELD

FOR SALE Four Property Portfolio PPG Industries

For Sale at $6,970,500.00

FOR SALE




Four Property Portfolio PPG Industries

ABOUT THE PORTFOLIO

Four Locations in Connecticut and Massachusetts

Angel Commercial, L.L.C. is pleased to offer the sale of the Southern New England Portfolio consisting of a total of four fully leased properties located in Connecticut (Bridgeport, Danbury,and Waterbury) and Massachusetts (Springfield). The portfolio is for sale in its entirety for $6,970,500.00 or asindividual assets. Total portfolio offers approximately 58,856 RSF. The projected2016NOIis$568,787.92withscheduledincreasesandaCAPrateof 8%.

Pittsburgh Paint (PPG Industries) assumed all four leases within this portfolio asa resultof theirpurchaseofPainter’sSupply.Asa$15.4billion,Fortune500 company, and global supplier of paints and specialty products, PPG Industries’ recent acquisition of Painter’s Supply strengthens this investment portfolio.

Each property is well maintained and located near or on main streets with excellent accessibility, visibility, demographics and ample parking. This portfolio offers an investor a rare opportunity to acquire four net leased assets in southern New England. Properties are located within shopping locations and have easy access to major highways.

ABOUT

PPG Industries (DBA, Pittsburgh Paint)

HeadquarteredinPittsburgh,PA,PPGIndustries(NYSE:PPG)isranked198ontheFortune500list(June2015)andannounced2014netsalesof$15.4billion.Withapproximately 46,100employeesworldwideand141manufacturingfacilities in 44 countries, PPG Industries is the leading global coatings and specialty products company.

Pittsburgh Paint is only one of PPG Architectural Coatings’ products. Other common products include; GLIDDEN®, LIQUID NAILS®, OLYMPIC® Paints and Stains, PPG PITTSBURGH PAINTS®, and MANOR HALL®. They distribute their products globally and are available at all major home improvement centers including Lowe’s, Home Depot and Walmart.

Portfolio Description

BRIDGEPORT

DANBURY

WATERBURY

SPRINGFIELD

FOR SALE




Four Property Portfolio PPG IndustriesNews Release

News release taken from PPG Industries’ website

PPG Acquires Painter’s Supply

FOR SALE




Four Property Portfolio PPG IndustriesLocation Map

BRIDGEPORT, CT

DANBURY, CT

SPRINGFIELD, MA

WATERBURY, CT

1

2

3

4 752PageBoulevard,SpringfieldMA01104

1225ThomastonAvenue,Waterbury,CT06704

211WhiteStreet,Danbury,CT06810

1739MainStreet,Bridgeport,CT06604

1

2

3

4

FOR SALE




Four Property Portfolio PPG IndustriesTown Overviews

Bridgeport, CTLocatedinFairfieldCountyontheLongIslandSound,BridgeportisthelargestcityinConnecticutwithapopulationof144,229(USCensus2010)andisthecoreoftheGreaterBridgeportarea.With a mixture of manufacturing, retail and corporate businesses, Bridgeport offers a diverse workforce, and unparalleled access to transportation options.

Danbury, CTDanbury is the 7th largest city in Connecticut and maintains a verystrongfinancialposition.Thecityhas retainedanAAratingfrom Moody’s Investors Services and Standard and Poor’s rating companies as evidence of that strength. The city’s planning and improvements result in Danbury’s economic growth and stability. Danbury serves as the hub of the entire Western Connecticut region.

Waterbury, CTThe City of Waterbury is the largest city in the Central Naugatuck ValleyRegion,thefifthlargestcityinthestateandtheninthlargestin New England. Located in the region’s geographic center, at the intersection of Interstate 84 and state Route 8, the city offers a variety of regional retail, commercial, health, education and social services.

Springfield, MASpringfield is the urban hub of the Pioneer Valley in westernMassachusetts.LocatedontheConnecticutRiver,Springfieldis90miles west of Boston and 35 miles north of Hartford, Connecticut. It ispartofthefinancial,medical,andeducationalcenterofWesternMassachusetts. The city was once home to the national armory and had a large manufacturing base.

FOR SALE 1739 Main Street Bridgeport, CT 06604Fact Sheet

INVESTMENT OPPORTUNITY WITH A FORTUNE 500 COMPANY TENANT: 35,335 RSF retail property at traffic signal for sale. Single story building on 0.85 acres with basement and ample parking. Fully leased to single tenant, PPG Paints (formerly Painter’s Supply) with corporate guarantee from Fortune 500 company. The projected 2016 NOI is $254,000.06 with an 8% CAP rate.

Near top national retailers including Walgreens, Dollar General, Family Dollar, United Rentals, Subway, McDonald’s, Taco Bell, Advance Auto Parts, and Bass Pro Shops. Near local retailers including Dragone Classic Motor Cars and Bob’s Discount Furniture.

Located less than 1 mile from Route 8, Route 25, and the Bridgeport Amtrak / Metro North Train Station. Less than 1.5 miles to the Bridgeport /Port Jefferson Ferry and Webster Bank Arena.

The SiteTotal Building Size: 35,335 RSF

Space One: 14,500 RSF

Space Two: 20,835 RSF

Land: 0.85 acres

Real Estate Taxes: $54,200.38 (2016)

Zoning: OR

Year Built: 1976

Stories: 1.5

Tenancy: Multiple

Occupancy: 100%

Financial InformationCAP Rate: 8%

Projected NOI: $254,000.06 (2016)

Three Mile DemographicsPopulation: 184,953

Median HH Income: $43,673

Five Mile DemographicsPopulation: 269,684


FeaturesTraffic Count: 8,923 Average Daily Traffic

Volume

Parking: 22 spaces

UtilitiesWater/Sewer: City/City

Heating: Gas

C O M M E R C I A L , L . L . C .



FOR SALE 1739 Main Street Bridgeport, CT 06604Neighborhood Map

1739 Main Street

NEAR TOP NATIONAL RETAILERS INCLUDING:

RetailerDistance (miles)

Walgreens .4

United Rentals .4

Subway .7

Taco Bell .8

Enterprise Rent-A-Car .9

Dollar General .9

McDonald’s .9

Family Dollar 1

Advance Auto Parts 1.1

Bass Pro Shops 1.1

Burger King 1.4

Duchess 1.5

RETAILERS INCLUDING:

Dragone Classic Motor Cars .08

Bob’s Discount Furniture 1.1

C O M M E R C I A L , L . L . C .



FOR SALE 1739 Main Street Bridgeport, CT 06604TrafficReport

1739 Main Street8,923

111,091

10,059

14,675

Average Traffic Volume: 8,923 Location: Washington Ave/Main St Distance from Subject: .13 milesCount Year: 2014Source: CoStar

C O M M E R C I A L , L . L . C .



Page10

FOR SALE 1739 Main Street Bridgeport, CT 06604DemographicProfile

C O M M E R C I A L , L . L . C .



Page11

FOR SALE 211 White Street Danbury, CT 06810

C O M M E R C I A L , L . L . C .



Page12

Fact Sheet

INVESTMENT OPPORTUNITY WITH A FORTUNE 500 COMPANY TENANT: 6,700 RSF in a single story retail building on 0.42 acres for sale at traffic signal at the corner of White Street and Eighth Avenue. Fully leased to single tenant, PPG Paints (formerly Painter’s Supply) with corporate guarantee from Fortune 500 company. The projected 2016 NOI is $137,589.39 with an 8% CAP rate.

ADDITIONAL INCOME SOURCE: 100% leased 3,289 SF multi-family house is included with the acquisition. Currently generating $38,700/annually in additional income from three tenants - not included in NOI. Renovated in 2012 .

Near top national retailers including Walmart, Home Goods, Staples, Whole Foods, Starbucks, Auto Zone, Family Dollar, Dunkin’ Donuts, Walgreens, Marshalls, Subway, McDonald’s and Burger King. Situated across from Western State Connecticut University Midtown Campus. Located 1.5 miles to I-84, Exits 5 and 6, and less than one mile to the Danbury Metro North Train Station.

The SiteTotal Gross Building Size: 7,286 SF approximately

Total Space: 6,700 RSF

Land: 0.42 acres


Zoning: RH3

Year Built: 1950

Construction: Masonry

Tenancy: Multiple

Occupancy: 100%


Projected NOI: $137,589.39 (2016)



Five Mile DemographicsPopulation: 115.414



Volume

Parking: 14 Spaces


Heating: Gas

A/C: Partial


C O M M E R C I A L , L . L . C .



Page13

Neighborhood Map

211 White Street

NEAR TOP NATIONAL RETAILERS

INCLUDING:


Dunkin’ Donuts .5

Walgreens .6

AutoZone .9

Family Dollar .9

Taco Bell 1.2

McDonald’s 1.3

Subway 1.3

Walmart 1.4

Starbucks 1.5

Staples 1.5

Home Goods 1.6

Burger King 1.6

Marshalls 1.8

Target 2.5

Whole Foods 4.5

REGIONAL RETAILERS INCLUDING:

Stop & Shop 1.3

Price Rite 1.5

Stew Leonard’s 2.5


C O M M E R C I A L , L . L . C .



Page14

TrafficReport

211 White Street

20,734

Average Traffic Volume: 20,734 Location: White Street/Shalvoys Lane Distance from Subject: .36 milesCount Year: 2014Source: CoStar


C O M M E R C I A L , L . L . C .



Page15

DemographicProfile

FOR SALE 1225 Thomaston Avenue Waterbury, CT 06704

C O M M E R C I A L , L . L . C .



Page16

Fact Sheet

INVESTMENT OPPORTUNITY WITH A FORTUNE 500 COMPANY TENANT: 6,615 RSF one-story building on 0.67 acres for sale with ample parking. Renovated in 2011. Fully leased to single tenant, PPG Paints (formerly Painter’s Supply) with corporate guarantee from Fortune 500 company. The projected 2016 NOI is $62,540.63 with an 8% CAP rate.

Near top national retailers including Target, CVS, McDonald’s, Sears, Subway, Dollar General, Starbucks, Radio Shack, AutoZone, Family Dollar, Kmart, Staples, 7 Eleven and TJ Maxx. Located less than 1 mile from Route 8, Exit 36.

The SiteTotal Building Size: 6,615 RSF

Land: 0.67 acres


Zoning: IG

Year Built: 1962, renovated in 2011


Stories: One

Tenancy: Single

Occupancy: 100%


Projected NOI: $62,540.63 (2016)






Volume

Parking: Ample


Heating: Gas


C O M M E R C I A L , L . L . C .



Page17

Neighborhood Map

1225 Thomaston Avenue

NEAR TOP NATIONAL RETAILERS

INCLUDING:


Subway .5

Target 1.1

Starbucks 1.1

McDonald’s 1.2

RadioShack 1.2

Aldi 1.4

7-Eleven 1.5

Burger King 1.5

CVS 1.6

AutoZone 1.8

Family Dollar 2.7

Staples 3.0

TJ Maxx 3.1

Kmart 3.3

Sears 3.3

Dollar General 4.2


Stop & Shop 1.2

Ocean State Job Lot 2.8


C O M M E R C I A L , L . L . C .



Page18

TrafficReport

7,97936,309

Average Traffic Volume: 7,979 Location: Thomaston Ave/Huntington Ave Distance from Subject: .18 milesCount Year: 2014Source: CoStar

1225 Thomaston Ave

27,56027,392


C O M M E R C I A L , L . L . C .



Page19

DemographicProfile

FOR SALE 752 Page BoulevardSpringfield, MA 01104

C O M M E R C I A L , L . L . C .



Fact Sheet

INVESTMENT OPPORTUNITY WITH A FORTUNE 500 COMPANY TENANT: Retail building with 9,600 SF on 0.40 acres for sale on Route 20A (Page Boulevard). Fully leased to single tenant, PPG Paints (formerly Painter’s Supply) with corporate guarantee from Fortune 500 company. The projected 2016 NOI is $114,657.83 with an 8% CAP rate.

Near top national retailers including Walmart, Kmart, Home Depot, Sears, CVS, McDonald’s, Burger King, Subway, Starbucks, AutoZone Walgreens, Dunkin’ Donuts and Family Dollar. Located less than 1 mile from I-291, exit 5B. Public bus stop located across from the property.

The SiteTotal Building Size: 9,600 SF

Land: 0.40 acres


Zoning: Business A

Year Built: 1987, renovated in 2011


Stories: One

Tenancy: Single

Occupancy: 100%


Projected NOI: $114.657.83 (2016)






Volume

Parking: Ample



C O M M E R C I A L , L . L . C .



Page21

Neighborhood Map

NEAR TOP NATIONAL RETAILERS INCLUDING:

Retailer Distance (miles)

CVS .9

Walgreens 1.0

Dunkin’ Donuts 1.0

Subway 1.0

Family Dollar 1.1

Kmart 2.2

Burger King 2.2

AutoZone 2.4

McDonald’s 2.9

Starbucks 3.1

Walmart 3.3

Sears 4.2

Home Depot 4.7

Home Goods 5.9


Big Y .5

Bob’s Discount Furniture .9

Ocean State Job Lot 2.2

Stop & Shop 2.2

752 Page Blvd


C O M M E R C I A L , L . L . C .



TrafficCount

17,634

Average Traffic Volume: 17,634 Location: Oklahoma Street/ St. James Ave Distance from Subject: .92 milesCount Year: 2014Source: CoStar

752 Page Boulevard

51,601


C O M M E R C I A L , L . L . C .



DemographicProfile

Type:County:

Retail/FreestandingHampden

1 MileCounty

Population Growth Household Growth

2015 Med Household Inc 2015 Households by Household Income

2015 Median Age 2015 Population by Race

2015 Renter vs. Owner 2015 Employed vs. Unemployed

Type: Retail/Freestanding

Demographic Market Comparison Report 1 mile radius

752 Page Blvd, Springfield, MA 01104

Copyrighted report licensed to CoStar Group, Inc. - 699615.11/11/2015

Page 8

2425 POST ROAD, SUITE 303, SOUTHPORT, CT 06890 • TEL 203.335.6600 • FAX 203.335.9900 • WWW.ANGELCOMMERCIAL.COM

THE TRUSTED SOURCE FOR COMMERCIAL REAL ESTATE


Re: Four (4) Property Portfolio (herein “Properties”)

This will serve to confirm our agreement concerning certain material, data andInformation (herein “Evaluation Material”) which the Owner will make available to us for study in connection with a possible purchase by us of the Properties.

The Owner is prepared to furnish us with the Evaluation Material in connection with discussions and negotiations concerning a possible transaction involving the Properties only on the conditions that we treat such Evaluation Material, discussions and negotiations, confidentially and confirm certain representations to you. Therefore as a prerequisite to The Owner furnishing the Evaluation Material to us, we hereby represent and agree as follows:

1. The Evaluation Material furnished to us will be used by us solely for evaluating a possible transaction exclusively for our own account, as principal in the transaction, and not as a broker or agent for any other person. Therefore, we agree to keep all Evaluation Material strictly confidential; provided, however, that any such Evaluation Material may be disclosed to our directors, officers or employees, as well as our counsel, accounting firms and financial institutions who need to know such information for the purpose of assisting us with our possible purchase of the properties. Such directors, officers, lawyers, financial institutions and accountants shall be informed by us to treat such information with strict confidence.

We agree not to copy or duplicate the Evaluation Material and to return the Evaluation Material to the Owner promptly if requested by owner. We agree that the Owner of the Properties will have no adequate remedy at law if we violate any of the terms of this Agreement. In such event, the Owner will have the right in addition to any other right the Owner may have, to seek injunctive relief to restrain any breach or threatened breach by us or specific enforcement of such terms.

In addition, we agree that we will not disclose and we will direct our representatives who are given access to the Evaluation Material in accordance with the terms hereof, not to disclose to any person, the fact that the Evaluation Material in accordance with the terms hereof, not to disclose to any person, the fact that the Evaluation Material has been made available to us, that discussions or negotiations among us and the Owner are now taking place or will take place, or any of the terms, conditions or other facts with respect to the possible acquisition of the Properties.

2. Although the Owner has endeavored to include in the Evaluation Material information which they believe to be relevant for the purpose of helping us in our evaluation of the Properties for possible purchase, we understand and acknowledge that neither the Owner nor any of the respective affiliates or agents make any representation or warranty to us as to the accuracy or completeness of the Evaluation Material. We agree that the Owner, and their respective affiliates or agents shall not have any liability to us as a result of our use of the Evaluation Material and it is understood that we are expected to perform and are responsible for such due diligence investigations and inspections of the Properties, including investigation of any environmental conditions, as we deem necessary or desirable and as permitted by agreement with the Owner of the Properties.

3. We also represent that we have dealt with no other broker or agent other than Angel Commercial LLC in any discussions involving the Properties.

4. We agree to indemnify, defend and hold, the Owner and their respective affiliates harmless from and against all claims, loss, damages expense or liability (including reasonable attorney’s fees) arising from the breach of any of the terms of this Agreement by us or our Representatives.

Company: ____________________________________

Address: ____________________________________

City, State, Zip: ____________________________________

Date: ____________________________________

CONFIDENTIALITY AGREEMENT

The properties covered by this Confidentiality Agreement are defined below:

OWNER PROPERTY

1739 Main Street, LLC1735 Main Street

Bridgeport, CT

211 White Street, LLC211 White Street

Danbury, CT

H&S Olson of Waterbury, LLC

1225 Thomaston AvenueWaterbury, CT

H&S Olson of Springfield, LLC

752 Paige BoulevardSpringfield, MA

Name: __________________________________________

Title: __________________________________________

Phone: __________________________________________

Email: __________________________________________

By: ___________________________________________ Signature

Leased to Fortune 500 Company Tenant PPG Paints...Pittsburgh Paint (PPG Industries) assumed all four...

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