For investment information:

J. Tyson Glasser, CCIM • Investment Sales Director

tglasser@realtylinkdev.com • 864.263.5427 o • 404.435.6312 c

Subject Property

0.50 Acres · 3,500 Square Feet

NET LEASED CORPORATE AT&T RETAIL STORE ON THE I-85 CORRIDOR3518 Clemson Blvd, Anderson, SC 29621

$2,035,000 · 6.75% Cap Rate

AERIAL

VIDEO

TABLE OF CONTENTSProperty Cover

Table of Contents

Investment Highlights

Property Photos

Investment Summary

Site Plan

Location Map & Aerial

Tenant Profile

Market Profile

Demographics

Property Photo

Contact Information

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INVESTMENT HIGHLIGHTS• Established retail store since 2008 located 5 minutes off The I-85 Corridor and 28 miles

southwest of Downtown Greenville

• Corporate lease with a parent company subsidiary guaranty

• Recent 5 year lease extension with one more 5 year renewal option

• Outparcel to a Kohl’s and Dick’s anchored center in between Ulta and Hardee’s outparcels

• Positioned in the center of a regional trade area consisting of 2.2 million square feet of retail operating at 98% occupancy

• 32,500 cars per day directly in front of property in 2016 up 6.9% from 2015

• 64,600 residents and 26,000 households in a 5 mile radius

• $64,000 average household income in a 5 mile radius with 3% projected annual growth

PROPERTY PHOTO

PROPERTY PHOTO

INVESTMENT SUMMARY

Purchase Price: $2,035,000

Cap Rate: 6.75%

Land Size: +/- 0.50 Acres or +/- 21,780 Square Feet

Building Size: +/- 3,500 Square Feet

Building Age: August 2008

Frontage: +/- 125 Feet on Clemson Blvd

Access: 2 entrances/exits on Clemson Blvd

Parking: 28 total spaces with 2 handicap spaces

Zoning: GC (General Commercial)

Traffic Counts: +/- 32,500 AADT on Clemson Blvd (2016 data)

Lease Type: Double Net Fee Simple

Current Lease Term: 15 Years

Lease Commencement: May 19, 2008

Lease Expiration: May 31, 2023

Renewal Options: 1 Option of 5 Years

Annual Base Rent: $137,388.00 (Years 11-15)

Rental Increases: 10% next Option

Percentage Rent: None

Tenant/Guarantor: New Cingular Wireless PCS, LLC

Right of First Refusal: None

1 Mile 3 Mile 5 Mile

4,367 29,806 64,6422,028 12,450 26,028

$50,551 $65,161 $63,989$35,266 $47,458 $45,731

Demographic Details

Population:

Households:Average HH Income:Median HH Income:

Offering Details Lease Details

SITE PLAN

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LOCATION MAP & AERIAL

AT&T, Inc. is an American multinational telecommunications corporation. AT&T is the second largest provider of mobile telephone and the largest provider of fixed telephone in the United States, and also provides broadband subscription television services. AT&T’s 2015 acquisition of DIRECTV has made them the world’s largest pay TV provider. AT&T has more than 16,000 retail locations in the U.S., including company-owned stores and kiosks, authorized dealers, and third party retail locations. As of May 2014, AT&T was the 23rd largest company in the world and the 16th largest non-oil company as measured by a composite of revenues, profits, assets, and market value. As of 2016, it was the 18th largest mobile telecom operator in the world, with over 128.6 million mobile subscribers. For more information, please visit www.att.com. New Cingular Wireless PCS, LLC provides mobile voice and data communications services. The company focuses on offering corporate email and other data services through its GPRS, EDGE, and Mobitex packet data networks. Its products include digital wireless voice; analog wireless voice; and wireless data, which includes general packet radio service (GPRS), interactive messaging, corporate email access, short messaging, and wireless Internet/WAP. It serves voice and data customers in the United States. The company was formerly known as AT&T Wireless PCS, LLC and changed its name to New Cingular Wireless PCS, LLC in February 2006. The company was incorporated in 1994 and is based in Atlanta, Georgia. New Cingular Wireless PCS, LLC operates as a subsidiary of AT&T, Inc.

TENANT PROFILE

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The City of Anderson is located in the northwest corner of the state of South Carolina on the Piedmont Plateau. It is the county seat and principal city in Anderson County. The City is ideally located on the busy Interstate 85 corridor, to which much of its economic growth can be attributed. The City lies on the southern border of Interstate 85 and is approximately 127 miles north of Atlanta, Georgia and 132 miles south of Charlotte, North Carolina. The City encompasses approximately 14 square miles and is located in the geographical center of the county. The I-85 corridor from Atlanta to Charlotte is now known as one of the nation’s hottest growth areas. Anderson County, South Carolina lies midway between Atlanta, Georgia and Charlotte, North Carolina. This stretch of highway is one of the heaviest traveled highways in the southeast. Business leaders and development officials in Anderson have taken advantage of this asset, and visible progress is the result. Anderson County was ranked 14th out of 50 as one of the “Hottest American cities for business location,” (based on a survey of leading site consultants) according to the January 2001 issue of Expansion Management.

Anderson is a major contributor to the success of the upstate. Anderson offers all of the basics upon which to build a thriving economy, including affordable land, a good transportation system, infrastructure, and a large number of recreational amenities. In June 2000, Anderson County was one of only ten communities to be designated an All-America City by the National Civic League. The Anderson community offers the feel of small-town living with the attractions and business opportunities of larger cities only a short drive away.

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MARKET PROFILE

DEMOGRAPHICS

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Executive SummaryAT&T - Anderson SC Prepared by Esri3518 Clemson Blvd, Anderson, South Carolina, 29621 Latitude: 34.55126Rings: 1, 3, 5 mile radii Longitude: -82.67710

1 mile 3 miles 5 milesPopulation

2000 Population 3,161 23,792 52,4662010 Population 4,050 27,654 60,5732017 Population 4,367 29,806 64,6422022 Population 4,581 31,177 67,4832000-2010 Annual Rate 2.51% 1.52% 1.45%2010-2017 Annual Rate 1.04% 1.04% 0.90%2017-2022 Annual Rate 0.96% 0.90% 0.86%2017 Male Population 50.7% 47.6% 47.2%2017 Female Population 49.3% 52.4% 52.8%2017 Median Age 34.2 40.4 40.2

In the identified area, the current year population is 64,642. In 2010, the Census count in the area was 60,573. The rate of change since 2010 was 0.90% annually. The five-year projection for the population in the area is 67,483 representing a change of 0.86% annually from 2017 to 2022. Currently, the population is 47.2% male and 52.8% female.

Median Age

The median age in this area is 34.2, compared to U.S. median age of 38.2.Race and Ethnicity

2017 White Alone 67.3% 77.1% 72.3%2017 Black Alone 20.5% 16.1% 21.7%2017 American Indian/Alaska Native Alone 0.4% 0.3% 0.2%2017 Asian Alone 4.1% 2.0% 1.8%2017 Pacific Islander Alone 0.0% 0.0% 0.0%2017 Other Race 4.2% 2.3% 2.0%2017 Two or More Races 3.5% 2.2% 2.1%2017 Hispanic Origin (Any Race) 9.0% 5.3% 4.6%

Persons of Hispanic origin represent 4.6% of the population in the identified area compared to 18.1% of the U.S. population. Persons of Hispanic Origin may be of any race. The Diversity Index, which measures the probability that two people from the same area will be from different race/ethnic groups, is 48.1 in the identified area, compared to 64.0 for the U.S. as a whole.

Households2000 Households 1,537 10,072 21,2442010 Households 1,888 11,663 24,6172017 Total Households 2,028 12,450 26,0282022 Total Households 2,131 12,984 27,1002000-2010 Annual Rate 2.08% 1.48% 1.48%2010-2017 Annual Rate 0.99% 0.90% 0.77%2017-2022 Annual Rate 1.00% 0.84% 0.81%2017 Average Household Size 2.01 2.33 2.39

The household count in this area has changed from 24,617 in 2010 to 26,028 in the current year, a change of 0.77% annually. The five-year projection of households is 27,100, a change of 0.81% annually from the current year total. Average household size is currently 2.39, compared to 2.37 in the year 2010. The number of families in the current year is 16,802 in the specified area.

Data Note: Income is expressed in current dollarsSource: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2017 and 2022. Esri converted Census 2000 data into 2010 geography.

February 19, 2018

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DEMOGRAPHICS

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Executive SummaryAT&T - Anderson SC Prepared by Esri3518 Clemson Blvd, Anderson, South Carolina, 29621 Latitude: 34.55126Rings: 1, 3, 5 mile radii Longitude: -82.67710

1 mile 3 miles 5 milesMedian Household Income

2017 Median Household Income $35,266 $47,458 $45,7312022 Median Household Income $42,315 $54,844 $53,3182017-2022 Annual Rate 3.71% 2.94% 3.12%

Average Household Income

2017 Average Household Income $50,551 $65,161 $63,9892022 Average Household Income $58,238 $74,910 $73,9172017-2022 Annual Rate 2.87% 2.83% 2.93%

Per Capita Income2017 Per Capita Income $23,422 $27,808 $26,6672022 Per Capita Income $26,711 $31,752 $30,5442017-2022 Annual Rate 2.66% 2.69% 2.75%

Households by IncomeCurrent median household income is $45,731 in the area, compared to $56,124 for all U.S. households. Median household income is projected to be $53,318 in five years, compared to $62,316 for all U.S. households

Current average household income is $63,989 in this area, compared to $80,675 for all U.S. households. Average household income is projected to be $73,917 in five years, compared to $91,585 for all U.S. households

Current per capita income is $26,667 in the area, compared to the U.S. per capita income of $30,820. The per capita income is projected to be $30,544 in five years, compared to $34,828 for all U.S. households Housing

2000 Total Housing Units 1,750 10,945 23,5262000 Owner Occupied Housing Units 640 6,759 13,9502000 Renter Occupied Housing Units 897 3,313 7,2942000 Vacant Housing Units 213 873 2,282

2010 Total Housing Units 2,116 13,082 28,0852010 Owner Occupied Housing Units 655 7,111 15,3302010 Renter Occupied Housing Units 1,233 4,552 9,2872010 Vacant Housing Units 228 1,419 3,468

2017 Total Housing Units 2,280 14,026 29,7242017 Owner Occupied Housing Units 679 7,481 16,1052017 Renter Occupied Housing Units 1,349 4,969 9,9232017 Vacant Housing Units 252 1,576 3,696

2022 Total Housing Units 2,400 14,625 30,9722022 Owner Occupied Housing Units 707 7,792 16,8002022 Renter Occupied Housing Units 1,424 5,193 10,3002022 Vacant Housing Units 269 1,641 3,872

Currently, 54.2% of the 29,724 housing units in the area are owner occupied; 33.4%, renter occupied; and 12.4% are vacant. Currently, in the U.S., 55.6% of the housing units in the area are owner occupied; 33.1% are renter occupied; and 11.3% are vacant. In 2010, there were 28,085 housing units in the area - 54.6% owner occupied, 33.1% renter occupied, and 12.3% vacant. The annual rate of change in housing units since 2010 is 2.55%. Median home value in the area is $158,600, compared to a median home value of $207,344 for the U.S. In five years, median value is projected to change by 3.02% annually to $184,012.

Data Note: Income is expressed in current dollarsSource: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2017 and 2022. Esri converted Census 2000 data into 2010 geography.

February 19, 2018

©2018 Esri Page 2 of 2

PROPERTY PHOTO

©2018 RealtyLink, LLC, We have obtained the contained information from sources we believe are reliable. We have not however verified that all information is accurate and make no guarantee, warranty or representation of it. The information is subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice, and it is not a substitute for a thorough due diligence investigation. We include opinions, projections, estimations and assumptions for example purposes only. This information may not represent current or future performance of the property. Seek legal advise and conduct due diligence if exact numbers are desired.

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Investment Contacts:

J. Tyson Glasser, CCIMInvestment Sales Directortglasser@realtylinkdev.com864.263.5427 o • 404.435.6312 c

550 South Main Street, Suite 300 • Greenville, SC 29601864.242.4008 p • 864.232.0160 f • www.REALTYLINKDEV.com

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