Van Nuys, CA

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4600 Rib MountainW a u s a u , w i 5 4 4 0 1

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INVESTMENT HIGHLIGHTS

• Brand New Construction with Long-Term Lease - The property was completed in 2017 with state-of-the-art construction. Dick’s Sporting Goods signed a 10-year lease at just $12 PSF with a 4% increase in year 5 and increases throughout the option periods. The lease has minimal landlord responsibilities with a long-term roof warranty.

• Dense Retail Area - The property is located in the retail-hub of Wausau anchored by Walmart Supercenter and Sam’s Club with junior anchors that include Kohl’s, Hobby Lobby, TJ Maxx, Old Navy, Joann Fabrics, and many other national retailers. The property is located along Rib Mountain Dr, one of the major thoroughfares with strong traffic counts.

• Great Sports Market - Wisconsin has some of the greatest sports fans in America and is home to the Green Bay Packers, Milwaukee Bucks, Milwaukee Brewers, and University of Wisconsin sports teams. The strong sports and outdoor activity should make Dick’s Sporting Goods a major draw for consumers in the region.

• Solid Demographics and Only DSG in ±100 Miles - The property benefits from great demographics for long-term success. There are over 25,000 people in the 3-mile radius with an average household income of $70,000+. In addition, this Dick’s location will serve the towns surround Wausau as it is the only Dick’s Sporting Goods in nearly a 100-mile radius.

• Strong Tenant / Guaranty with Above Market Return - Dick’s Sporting Goods is a publicly traded company on the New York Stock Exchange with a market cap of $3.2B. The corporate guaranty provides the security of an extremely passive investment. The initial cap rate above 7% with rent increases makes this one of the most attractive investments on the market.

JOSH BISHOP VP & Director

DIRECT 214.692.2289 MOBILE 315.730.6228Josh.Bishop@matthews.com

LIC # 688810 (TX)

CALVIN SHORT SVP & Senior Director | Lic # 01927216 (CA)

ARON CLINE SVP & Senior Director | Lic # 01904371 (CA)

CHAD KURZ SVP & National Director

DIRECT 214.692.2927 MOBILE 562.480.2937Chad.Kurz@matthews.com

LIC # 01911198 (CA)

BROKER OF RECORD KYLE MATTHEWSLIC # 9381054-91 (WI)

Executive Overview

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Financial Overview

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Van Nuys, CA

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Annualized Operating DataMonthly Rent Annual Rent Rent/SF Cap Rate

Years 1 - 5 $46,875.00 $562,500.00 $12.50 7.40%

Years 6 - 10 $48,750.00 $585,000.00 $13.00 7.70%

Extension 1 $50,625.00 $607,500.00 $13.50 7.99%

Extension 2 $52,500.00 $630,000.00 $14.00 8.29%

Extension 3 $54,375.00 $652,500.00 $14.50 8.58%

Extension 4 $56,250.00 $675,000.00 $15.00 8.88%

Tenant Summary

Tenant Trade Name Dick’s Sporting Goods

Type of Ownership Fee Simple

Lease Guarantor Corporate

Lease Type NN+

Roof and Structure Landlord Responsibility15 Year Warranty

Term Remaining on Lease ± 9 Years

Original Lease Term 10 Years

Rent Commencement August 2016

Lease Expiration Date January 2027

Increases $0.50/PSF Every 5 Years

Options Four, 5-Year Options

Financial Overview

Investment Summary

» OFFERING PRICE

» NOI

» CAP RATE

» TOTAL BUILDING AREA

» TOTAL LAND AREA

$7,601,351

7.40%

± 4.22 Acres

$562,500

± 45,000 SF

Property Overview

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The Offering Tenant OverviewPROPERTY NAME Dick’s Sporting Goods

Property Address 4600 Rib MountainWausau, WI 54401

SITE DESCRIPTION

Number of Stories One

Year Built 2016

Lot Size ± 4.22 AC

Type of Ownership Fee Simple

Foundation Concrete Slab

Framing Steel

Roof Flat

Landscaping Professional

» Company Name Dick’s Sporting Goods

» Ownership Public

» Year Founded 1948

» Website www.dicks.com

» Headquarters Corapolis, PA

» No. of Employees ±40,500

Dick’s Sporting Goods operates almost 800 stores in 45-plus US states. Its stores usually contain five smaller shops (“stores within a store”) that feature sporting goods, apparel, and footwear for leisure pursuits ranging from football, golf, and cycling to hunting and camping. In addition to brands including NIKE and Adidas, Dick’s carries Ativa, Walter Hagen, Top-Flite, and others exclusive to the firm. The company also operates more than 90 Golf Galaxy stores in about 30 states as well as 25 Field & Stream stores in 10 states.

Wausau, WI

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Site plan

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Tenant Map

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Area Overview

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DemographicsPOPULATION 1 - MILE 3 - MILES 5 - MILES

2018 Estimate 2,186 25,858 66,318

HOUSEHOLDS 1 - MILE 3 - MILES 5 - MILES

2018 Estimate 905 11,075 27,973

INCOME 1 - MILE 3 - MILES 5 - MILES

2018 Est. AverageHousehold Income $100,174.21 $70,949.67 $69,216.27

Distance To:GRANITE PEAK SKI AREA - ±3 MILES WAUSAU DOWNTOWN AIRPORT ±6 MI GREEN BAY ±93 MINorth

Wausau, WI

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Wausau, WI is the county seat of Marathon County and the core city of Wausau Metropolitan Statistical Area. The City is 93 miles west of Green Bay and 185 miles east of Minneapolis. Dudley Tower is the tallest commercial tower building in Wisconsin outside of Milwaukee and can be found in the Wausau Central Business District. Wausau has a notable Historic Downtown area also known as the River Districts. The area is the regional shopping center as well as a center for art, museums, and business in central Wisconsin.

The Wisconsin River divides the city into east and west. About a third of Marathon County is based in manufacturing with the balance in the service industry. Prominent industries include paper manufacturing, insurance, home manufacturing, and tourism. The University of Wisconsin-Marathon County and Northcentral Technical College are both located in Wausau, WI.

WAUSAU, WI

Area Overview

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GREEN BAY PACKERSThe Green Bay Packers are a professional American football team based in Green Bay, Wisconsin. It is the third-oldest franchise in the NFL, dating back to 1919, and is the only non-profit, community-owned major league professional sports team based in the United States. Home games have been played at Lambeau Field since 1957.

The Packers have won 13 league championships, the most in NFL history, with nine pre-Super Bowl NFL titles in addition to four Super Bowl victories. And despite its small market, Forbes ranked the Packers as the world’s 26th most valuable sports franchise in 2016, with a value of $2.35 billion.

The Packers have an exceptionally loyal fan base. Regardless of team performance, every game played in Green Bay has been sold out since 1960. Despite the Packers having by far the smallest local TV market, the team consistently ranks as one of the most popular in the NFL.

PROFESSIONAL SPORTS

MILWAUKEE BREWERSThe Milwaukee Brewers are a National League Baseball team that was founded in 1969. The teams only World series appearance was in 1982 against the St. Louis Cardinals and they lost the series 4-3. The franchise has produced 3 MVP winning athletes as well as 2 Cy Young awards, and 2 Rookies of the Year awards. Significant Hall of Famers that have played some, if not all of their career with the Brewers include Hank Aaron, Rollie Fingers, Trevor Hoffman, Paul Molitor, Bud Selig. Don Sutton, and Robin Yount.

Named after the Miller Brewing Company, Miller Park is the home field of the Milwaukee Brewers. The grand, brick structure is one of the largest construction projects in Wisconsin history with an impressive retractable roof. The stadium was built in 2001 and seats 41,900 fans.

Dick’s Sporting Goods

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MILWAUKEE BUCKSThe Bucks compete in the Eastern Conference Central Division in the NBA. The team was founded in 1968 and since then have won a league title in 1971 and 2 conference titles in 1971 and 1974. In addition to those achievements, the team has 13 division titles and have featured notable players such as Kareem Abdul-Jabbar, Sidney Moncrief, Oscar Robertson, Bob Dandridge, Bob Lanier, Glenn “Big Dog” Robinson, Ray Allen, Sam Cassell, Junior Bridgeman, Michael Redd, Terry Cummings, Vin Baker, Jon McGlocklin, Marques Johnson, and Brian Winters.

WISCONSIN BADGERSThe Wisconsin Badgers are the athletic teams that are represented by the University of Wisconsin-Madison. They compete in NCAA Division 1 athletics with their football team competing in the Big Ten Conference. The college mascot is Bucky Badger and he can be found at any sporting event. The football team has been playing at Camp Randall Stadium since 1895. It is the oldest and fifth largest stadium in the Big Ten Conference with a seating capacity of 80,321. The Football team has won three Big Ten Championships and three Rose Bowls.

Confidentiality Agreement & DisclaimerThis Offering Memorandum contains select information pertaining to the business and affairs of Dick’s Sporting Goods located at 4600 Rib Mountain, Wausau WI 54401 (“Property”). It has been prepared by Matthews Real Estate Investment Services. This Offering Memorandum may not be all-inclusive or contain all of the information a prospective purchaser may desire. The information contained in this Offering Memorandum is confidential and furnished solely for the purpose of a review by a prospective purchaser of the Property. It is not to be used for any other purpose or made available to any other person without the written consent of Seller or Matthews Real Estate Investment Services. The material is based in part upon information supplied by the Seller and in part upon financial information obtained from sources it deems reliable. Owner, nor their officers, employees, or agents makes any representation or warranty, express or implied, as to the accuracy or completeness of this Offering Memorandum or any of its contents and no legal liability is assumed or shall be implied with respect thereto. Prospective purchasers should make their own projections and form their own conclusions without reliance upon the material contained herein and conduct their own due diligence.

By acknowledging your receipt of this Offering Memorandum for the Property, you agree:

1 . The Offering Memorandum and its contents are confidential;2. You will hold it and treat it in the strictest of confidence; and3. You will not, directly or indirectly, disclose or permit anyone else to disclose this Offering Memorandum or

its contents in any fashion or manner detrimental to the interest of the Seller.

Owner and Matthews Real Estate Investment Services expressly reserve the right, at their sole discretion, to reject any and all expressions of interest or offers to purchase the Property and to terminate discussions with any person or entity reviewing this Offering Memorandum or making an offer to purchase the Property unless and until a written agreement for the purchase and sale of the Property has been fully executed and delivered.

If you wish not to pursue negotiations leading to the acquisition of the Property or in the future you discontinue such negotiations, then you agree to purge all materials relating to this Property including this Offering Memorandum.

A prospective purchaser’s sole and exclusive rights with respect to this prospective transaction, the Property, or information provided herein or in connection with the sale of the Property shall be limited to those expressly provided in an executed Purchase Agreement and shall be subject to the terms thereof. In no event shall a prospective purchaser have any other claims against Seller or Matthews Real Estate Investment Services or any of their affiliates or any of their respective officers, Directors, shareholders, owners, employees, or agents for any damages, liability, or causes of action relating to this solicitation process or the marketing or sale of the Property.

This Offering Memorandum shall not be deemed to represent the state of affairs of the Property or constitute an indication that there has been no change in the state of affairs of the Property since the date this Offering Memorandum.

Offering Memorandum

JOSH BISHOP VP & Director

DIRECT 214.692.2289 MOBILE 315.730.6228Josh.Bishop@matthews.com

LIC # 688810 (TX)

CALVIN SHORT SVP & Senior Director | Lic # 01927216 (CA)

ARON CLINE SVP & Senior Director | Lic # 01904371 (CA)

CHAD KURZ SVP & National Director

DIRECT 214.692.2927 MOBILE 562.480.2937Chad.Kurz@matthews.com

LIC # 01911198 (CA)

BROKER OF RECORD KYLE MATTHEWS

LIC # 9381054-91 (WI)