8201 State Route 235, Huber Heights, OH 45424

WENDY’SABSOLUTE NNN LEASE

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EXECUTIVE SUMMARY P4Investment HighlightsInvestment Summary

TENANT OVERVIEW P5-7Lease AbstractTenant Profile

MARKET OVERVIEW P8-9Map Area Information

AREA OVERVIEW P10Demographics

CONTACT P11

Table of Contents

Confidentiality Agreement

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The information contained herein does not purport to provide a complete or fully accurate summary of the Property or any of the documents related thereto, nor does it purport to be all-inclusive or to contain all of the information which prospective buyers may need or desire. All financial projections are based on assumptions relating to the general economy, competition, and other factors beyond the control of the Owner and Broker and, therefore, are subject to material variation. The Marketing Package does not constitute an indication that there has been no change in the business or affairs of the Property or the Owner since the date of preparation of the information herein. Additional information and an opportunity to inspect the Property will be made available to interested and qualified prospective buyers.

Neither Owner nor Broker nor any of their respective officers, agents or principals has made or will make any representations or warranties, express or implied, as to the accuracy or completeness of this Market-ing Package or any of its contents, and no legal commitment or obligation shall arise by reason of the Marketing Package or its contents. Analysis and verification of the information contained in the MarketingPackage is solely the responsibility of the prospective buyer, with the Property to be sold on an as is, where-is basis without any representation to the physical, financial or environmental condition of the Property.

Owner and Broker expressly reserve the right, at their sole discretion, to reject any or all expressions of interest or offers to purchase the Property and/or terminate discussions with any entity at any time with or without notice. Owner has no legal commitment or obligations to any entity reviewing this Marketing Package or making an offer to purchase the Property unless and until such sale of the Property is approved by Owner in its sole discretion, a written agreement for purchase of the Property has been delivered and approved by its Owner, it legal counsel and any conditions to the Owner’s obligations thereunder have been satisfied or waived.

Jeff Gregg, Director

Fairway Realty | Investment Services Group1515 W Lane Avenue, Suite 10Upper Arlington, OH 43221

O: 614.273.0553 C: 614.989.9776 F: 614.569.3307jgregg@fairwayre.com

Please visit our website: www.fairwayre.com

This Marketing Package and its contents, except such information which is a matter of public record or is provided in sources available to the public, are of a confidential nature. By accepting this Marketing Package, you unconditionally agree that you will hold and treat the Marketing Package and the Contents in the strictest confidence, that you will not photocopy or duplicate the Marketing Package or any part thereof, that you will not disclose the Marketing Package or any of the Contents to any other entity (except in the case of a principal, who shall be permitted to disclose to your employees, contractors, investors and outside advisors retained by you, or to third-party institutional lenders for financing sought by you, if necessary, in your opinion, to assist in your determination of whether or not to make a proposal) without the prior authorization of the Owner or Broker.

Executive Summary

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INVESTMENT HIGHLIGHTS

• Absolute NNN Lease - Zero Landlord Obligations

• Largest Wendy’s Franchisee in Country

• Fee Simple

• 13 years remain

• 1.75% Annual Increases

INVESTMENT SUMMARY

Address: 8201 State Route 235 Huber Heights, OH 45424

Price: $1,675,817

Cap Rate: 6%

Current Base Rent: $100,549.32

Tenant: Wendalia, LLC.

Tenant Credit: 6-unit LLC operating since 1997. Parent Company is the largest franchisee in the country with more than 330 units.

Rent Commencement: February 1, 2006

Lease Expiration: January 31, 2026

Occupancy: 100%

Building Area: 2,747 SF

Land: 1.02 acre (44,409 SF)

Year Built: 1997

Options: Two (2), Ten-Year

Tenant Overview

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LEASE ABSTRACT

Tenant: Wendalia, LLC.

Lease Term: 20 years

Commencement Date: February 1, 2006

Lease Expiration: January 31, 2026

Lease Type: Absolute NNN

Ownership Type: Fee Simple

Rent Increases: 1.75% annually including option periods

Renewal Options: Two (2), 10-year

Property Taxes: Tenant Responsibility

Insurance: Tenant Responsibility

Repairs and Maintenance: Tenant Responsibility

Roof and Structure: Tenant Responsibility

STORE SALES

YEAR SALES Year over Year Increase

2009 $1,095,488 N/A

2010 $1,119,143 2.20%

2011 $1,222,065 9.20%

2012 $1,283,677 5%

Tenant Overview

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RENT SCHEDULE

TENANT SQ FEET TERM ANNUAL RENT Wendy’s 2,747 2/1/2013 - 1/31/2014 $100,549

2/1/2014 - 1/31/2015 $102,309

2/1/2015 - 1/31/2016 $104,099 2/1/2016 - 1/31/2017 $105,921

2/1/2017 - 1/31/2018 $107,775

2/1/2018 - 1/31/2019 $109,661

2/1/2019 - 1/31/2020 $111,580

2/1/2020- 1/31/2021 $113,532 2/1/2021 - 1/31/2022 $115,519

2/1/2022 - 1/31/2023 $117,541

2/1/2023 - 1/31/2024 $119,598

2/1/2024 - 1/31/2025 $121,691

2/1/2025 - 1/31/2026 $123,820

Option 1 10 Years 1.75% annual inc Option 2 10 Years 1.75% annual inc CURRENT TOTAL $100,549

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Tenant Profile

Wendalia, LLC is a 6 unit LLC operating since 1997 under the expertise of Lewis Topper (Chairman and CEO) of WendCentral. WendCentral and Mr. Topper’s related entities comprise the largest Wendy’s franchisee group in the country with 330+ units. Mr. Topper operates in excess of 40 individual LLC’s and has been a Wendy’s franchisee for over 25 years. Although the individual LLC’s are not cross-guaranteed, this unique corporate structure provides the management team the strength and ability to operate with greater efficiency.

Wendy’s is the third largest quick-service restaurant chain in the world. The Wendy’s system includes more than 6,500 franchise and Company restaurants in the U.S. and 27 other countries and U.S. territories wolrldwide.

Map

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8201 State Route 235 Huber Heights, OH 45424

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Area Information

The City of Huber Heights is strategically located in the Miami Valley Region just a few minutes away from Wright Patterson Air Force Base, the I-70 and I-75 inter-change, and I-675. In addition, there are three interchanges off I-70 all within the city limits.

It is a quick 15 minute drive to downtown Dayton, Ohio and 55 minutes to Colum-bus.

Over 850 local businesses draw from its own 40,000 hardworking residents and 150,000 more within a 5 mile radius. Huber Heights’ major industries include ABF Freight System, Inc. Apache Technologies, Dayton Freight, LaserMike , AIDA/DTC, Bowser Morner, Coca-Cola, Enginetics, Fukuvi USA, Hughes-Peters, Metokote and Trimble Navigation.

Along with its residential and commercial development, the industrial areas have also seen consistent growth and development. The Center Point 70 Commerce Park, containing 20+ businesses and employing over 1,600 people, has experienced tremendous growth.

Huber Heights and the Dayton Regions’ industry strengths are more diverse than almost anywhere in the nation. Located just 8 minutes away is Wright-Patterson Air Force Base, the nation’s #1 military high-tech research and development and procurement hub and Ohio’s largest single site employer. Overall, the Dayton Re-gion’s primary industries are: advanced tooling & machining, composites, high-tech manufacturing, research & development, aviation/aerospace, distribution and plastics.

Metro Dayton | Huber Heights Overview

Area Overview DEMOGRAPHICS

Population 1 mile 3 miles 5 miles

2012 Population 864 14,423 67,2372017 Projection 823 14,376 67,141

Households

2012 Population 397 5,524 25,5932017 Projection 378 5,539 25,765

Households by Income 2012 1 mile 3 miles 5 miles

<$15,000 61 (15.4%) 639 (11.6%) 2,882 (11.3%)$15,000 62 (15.6%) 696 (12.6%) 2,802 (10.9%)$25,000 43 (10.8%) 657 (11.9%) 2,840 (11.1%)$35,000 84 (21.2%) 1,089 (19.7%) 4,787 (18.7%)$50,000 84 (21.2%) 1,209 (21.9%) 5,866 (22.9%)$75,000 29 (7.3%) 547 (9.9%) 3,032 (11.8%)$100,000 22 (5.5%) 535 (9.7%) 2,620 (10.2%)$150,000 10 (2.5%) 102 (1.8%) 563 (2.2%)$200,000+ 2 (0.5%) 50 (0.9%) 201 (0.8%)

Population by Race

White 799 (92.5%) 12,758 (88.5%) 57,298 (85.2%) Black or African American 17 (2.0%) 668 (4.6%) 5,258 (7.8%) Hispanic 55 (6.4%) 780 (5.4%) 2,745 (4.1%)Asian 6 (0.7%) 226 (1.6%) 1,230 (1.8%) Pacific Islander 0 (0.0%) 10 (0.1%) 49 (0.1%) Native American 3 (0.3%) 40 (0.3%) 190 (0.3%)

Income

Median Household Income $39,449 $44,402 $47,825Average Household Income $49,106 $55,678 $57,976

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Contact

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Jeff Gregg, Director

Fairway Realty | Investment Services Group1515 W Lane Avenue, Suite 10Upper Arlington, OH 43221

O: 614.273.0553C: 614.989.9776F: 614.569.3307

jgregg@fairwayre.com

Please visit our website:

www.fairwayre.com