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[ site rendering ] new construction mattress firm affluent suburb of chicago 1044 S Route 59, Naperville, IL 60540 [ www.CapitalPacific.com ] Mattress Firm

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Page 1: Mattress Firm - Capital Pacific Montessori School chicaGo 34 NaPeR WeSt PLaZa FOX VaLLeY MaLL SPRINGbROOK PRaIRIe PaVILLION aURORa MaRKet PLaCe 59,100 daily state route 59 29,900 daily

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[ site rendering ]

new construction mattress firmaffluent suburb of chicago1044 S Route 59, Naperville, IL 60540

[ www.CapitalPacific.com ]

Mattress Firm

Page 2: Mattress Firm - Capital Pacific Montessori School chicaGo 34 NaPeR WeSt PLaZa FOX VaLLeY MaLL SPRINGbROOK PRaIRIe PaVILLION aURORa MaRKet PLaCe 59,100 daily state route 59 29,900 daily

ReNtabLe SF . . . . . . . . . . . . . . . 4,000 SF

LaNd aRea . . . . . . . . . . . . . . . 0 .98 Acres

YeaR bUILt . . . . . . . . . . . . . . . 2016

CURReNt ReNt . . . . . . . . . . . . $43 .50/SF

PRICE: $2,590,000CAP: 6.70%

PROperty Summary

nEw ConstRuCtIon Long-tERm mAttREss FIRm At sIgnALIzEd IntERsECtIon In HIgHLy AFFLuEnt subuRb oF CHICAgo.

[ REPRESENTATIVE PHOTO ]

Capital Pacific collaborates . Click Here to meet the rest of our San Francisco team .

Listing TeamContact Info

jack navarrajnavarra@capitalpacific .com | (415) 274-2705CA BRE# 01909630

Chris Kostanecki ck@capitalpacific .com | (415) 274-2701 CA BRE# 01002010

chris peterscpeters@capitalpacific .com | (415) 274-2703 CA BRE# 01339983

Zeb ripplezripple@capitalpacific .com | (415) 274-2702CA BRE# 01242540

In Conjunction with IL Licensed Broker:Edwin M . Vdovets | 312-263-1010

MAttRESS FIRM | 2

Page 3: Mattress Firm - Capital Pacific Montessori School chicaGo 34 NaPeR WeSt PLaZa FOX VaLLeY MaLL SPRINGbROOK PRaIRIe PaVILLION aURORa MaRKet PLaCe 59,100 daily state route 59 29,900 daily

wealthiest city in the midwesthuge household incomes: $116,000 within 5 miles

EXCELLENT RETAIL TRADE AREALocated at the signalized intersection of Illinois Route 59 and Ogden Avenue, this newly constructed Mattress Firm is ideally positioned in the primary retail node of Naperville, IL . the subject property is less than half a mile from the Fox Valley Mall, a 1 .4 million square foot super regional mall anchored by Macy’s, Carson’s, JC Penny and Sears . Other national retailers in the immediate trade area include the Home Depot, Whole Foods, Costco, Walmart, Sam’s Club, Aldi, McDonald’s, Chick-Fil-A and many others .

HIGH TRAFFIC LOCATIONthe subject property is ideally situated along Illinois Route 59, the primary north south corridor through Naperville . traffic counts past the site total 89,000 vehicles per day .

STRONG DEMOGRAPHICSIn addition to high traffic counts, the site benefits from excellent population density, with 336,000 people with an average household income of $116,000 within a 5-mile radius .

HIGHLY REGARDED MARKETA highly affluent suburb of Chicago, Naperville is routinely one of the highest rated markets in the country in a variety of categories over the past several years . Such distinctions include the wealthiest city in the Midwest and 19th in the nation (population greater than 75k), best city for early retirement and America’s safest city .

11-YEAR NET LEASEMattress Firm’s lease features 10% rental increases every five years through the primary term and in each of the three 5-year options . the lease is NN with minimal landlord responsibilities . the seller will transfer the in-place warranties to the purchaser . these will include a 1-year warranty from the general contractor and a 10-year roof warranty .

CORPORATE CREDIT TENANT Mattress Firm is the world’s #1 mattress retailer, and has an S&P credit rating of B+ . Mattress Firm has made several major acquisitions in recent years, such as Sleep train in 2014 and Sleepy’s in 2016, growing their footprint and further solidifying their position as the top mattress retailer in the US .

core characteristics

[ REPRESENTATIVE PHOTO ] MAttRESS FIRM | 3

Page 4: Mattress Firm - Capital Pacific Montessori School chicaGo 34 NaPeR WeSt PLaZa FOX VaLLeY MaLL SPRINGbROOK PRaIRIe PaVILLION aURORa MaRKet PLaCe 59,100 daily state route 59 29,900 daily

aerial excellent traffic counts: 89,000 vehicles per day

59

59

59

e New York Street

W Ogden avenue34

Ogden avenue

75th Street75th Street

34

McCoy drive

S Comm

ons drive

Cosmic Montessori

School

chicaGo

34

NaPeR WeSt PLaZa

FOX VaLLeY MaLL

SPRINGbROOK PRaIRIe PaVILLION

aURORa MaRKet PLaCe

59,100 dailystate route 59

29,900 dailyW ogden avenue

MAttRESS FIRM | 4

Page 5: Mattress Firm - Capital Pacific Montessori School chicaGo 34 NaPeR WeSt PLaZa FOX VaLLeY MaLL SPRINGbROOK PRaIRIe PaVILLION aURORa MaRKet PLaCe 59,100 daily state route 59 29,900 daily

This information has been secured from sources we believe to be reliable but we make no representations or warranties, expressed or implied, as to the accuracy of the information. Buyer must verify the information and bears all risk for any inaccuracies.

income & expense

[ REPRESENTATIVE PHOTO ]

PRICE $2,590,000 Price Per Square Foot: $647 .50

Capitalization Rate: 6 .70%

total Rentable Area (SF): 4,000

Lot Size (AC): 0 .98

STABILIZED INCOME Per Square FootScheduled Rent $43 .50 $174,000

Effective Gross Income $43 .50 $174,000

LESS Per Square Foottaxes NNN $0 .00

Insurance NNN $0 .00

Capital Ex Reserve ($0 .10) ($400 .00)

total Operating Expenses ($0 .10) ($400 .00)

EQUALS NET OPERATING INCOME $173,600

MAttRESS FIRM | 5

Page 6: Mattress Firm - Capital Pacific Montessori School chicaGo 34 NaPeR WeSt PLaZa FOX VaLLeY MaLL SPRINGbROOK PRaIRIe PaVILLION aURORa MaRKet PLaCe 59,100 daily state route 59 29,900 daily

This information has been secured from sources we believe to be reliable but we make no representations or warranties, expressed or implied, as to the accuracy of the information. Buyer must verify the information and bears all risk for any inaccuracies.

rent roll

[ REPRESENTATIVE PHOTO ]

TENANT INFO LEASE TERMS RENT SUMMARY

tenant Name Sq . Ft . Years Current Rent

Monthly Rent

Yearly Rent

Monthly Rent/Ft

Yearly Rent/Ft

Mattress Firm 4,000 1 - 5 $174,000 $14,500 $174,000 $3 .63 $43 .50

6 - 10 $15,950 $191,400 $3 .99 $47 .85

11 $17,545 $210,540 $4 .39 $52 .64

Option 1 12 - 15 $17,545 $210,540 $4 .39 $52 .64

Option 2 16 - 20 $19,300 $231,594 $4 .82 $57 .90

Option 3 21 - 25 $21,229 $254,753 $5 .31 $63 .69

Totals: 4,000 $174,000 $14,500 $174,000 $3.63 $43.50

MAttRESS FIRM | 6

Page 7: Mattress Firm - Capital Pacific Montessori School chicaGo 34 NaPeR WeSt PLaZa FOX VaLLeY MaLL SPRINGbROOK PRaIRIe PaVILLION aURORa MaRKet PLaCe 59,100 daily state route 59 29,900 daily

SIte PLaN KeY

PARCEL OUtLINE:

LAND AREA: 0 .98 AC

BUILDING AREA: 4,000 SF

INGRESS/EGRESS:

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site plan

MONUMeNt SIGN

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This site plan is a rendering that has been created based on sources we believe to be reliable, however we make no representations or warranties, expressed or implied, as to the accuracy of the rendering. Buyer must verify the information and bears all risk for any inaccuracies. MAttRESS FIRM | 7

Page 8: Mattress Firm - Capital Pacific Montessori School chicaGo 34 NaPeR WeSt PLaZa FOX VaLLeY MaLL SPRINGbROOK PRaIRIe PaVILLION aURORa MaRKet PLaCe 59,100 daily state route 59 29,900 daily

tenant overview

abOUt MattReSS FIRMMattress Firm (NASDAQ: MFRM) currently operates over 3,546 locations across 48 states nationwide, making it the largest bedding retailer in the country, with estimated fiscal 2016 sales of approximately $4 billion . Mattress Firm offers conventional mattresses, specialty mattresses, including viscoleastic foam mattresses and YuMe sleep system (a revolutionary sleep system made of foam produced from coconut oil), and bedding related accessories (bed frames, mattress pads, pillows) . the stores carry a broad assortment of national mattress brands and exclusive brands . In 2011, Mattress Firm Holding Corp went public and has shown very strong sales and profit growth since .

www.mattressfirm.com

[ REPRESENTATIVE PHOTO ]

NaSdaQMFRM

Net WORth $435.5 Million

Net INCOMe $44.3 Million

Net ReVeNUe $1.2 billion

MAttRESS FIRM | 8

Page 9: Mattress Firm - Capital Pacific Montessori School chicaGo 34 NaPeR WeSt PLaZa FOX VaLLeY MaLL SPRINGbROOK PRaIRIe PaVILLION aURORa MaRKet PLaCe 59,100 daily state route 59 29,900 daily

regional map

NAPERVILLE

CHICAGO

46 MIN36 MILES

59,100 dailyroute 59

29,900 dailyhWy 34

MAttRESS FIRM | 9

Page 10: Mattress Firm - Capital Pacific Montessori School chicaGo 34 NaPeR WeSt PLaZa FOX VaLLeY MaLL SPRINGbROOK PRaIRIe PaVILLION aURORa MaRKet PLaCe 59,100 daily state route 59 29,900 daily

abOUt NaPeRVILLe, ILNaperville is a suburb of Chicago in DuPage and Will counties, with nearly 150,000 residents, making it the fifth-largest city in Illinois .

Naperville has recieved several prestigious recognitions including ranking 1st on the list of best cities for early retirement in 2013 by Kiplinger and being named one of the nation’s safest cities by USA today in 2014 . In a 2010 study, Naperville was also named the wealthiest city in the Midwest and ninteenth in the nation as reported by Daily Herald .

Naperville is located within the Illinois technology and Research Corridor, with many major corporates headquarted there including tellabs, OfficeMax and Dunkane Precast . Kraft Foods also has a site in Naperville that supplies all triscuit products for North America .

locatioN & dEMOGRAPHICS

2016 household incomes

population

Employer # of Employees*Edward Hospital 4,288

Nicor 3,700

Alcatel-Lucent 3,600

Indian Prairie School District 204 3,184

*Approximate

top employers in naperville, il

1-Mile 3-Mile 5-Mile

2010 8,008 93,794 260,6852016 8,462 96,040 264,5422020 8,789 98,576 269,363

1-Mile 3-Mile 5-Mile

Average $109,190 $116,185 $116,225Median $93,573 $94,411 $89,425

abOUt ChICaGO, ILNaperville is only 35 miles outside of Chicago, the third most populous city with the third largest gross metropolitan product in the country (about $547 billion in 2012), just behind New York City and Los Angeles . Chicago has one of the most balanced economies in the U .S ., due to its high level of diversification, and had the greatest number of new or expanded corporate facilities of any city in the country in 2014 . MAttRESS FIRM | 10

Page 11: Mattress Firm - Capital Pacific Montessori School chicaGo 34 NaPeR WeSt PLaZa FOX VaLLeY MaLL SPRINGbROOK PRaIRIe PaVILLION aURORa MaRKet PLaCe 59,100 daily state route 59 29,900 daily

A unique HUMANRESULTS-DRIVEN client experience

the CaPItaL PaCIFIC eXPeRIeNCe - OUR daILY COMMItMeNt tO OUR CLIeNtS

[ www.CapitalPacific.com ]

[ REPRESENTATIVE PHOTO ]

[ Copyright © 2016 Capital Pacific ]

Capital Pacific collaborates . Click here to meet the rest of our San Francisco team .

RICK SaNNeR

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jaCK NaVaRRajnavarra@capitalpacific .com | (415) 274-2705CA BRE# 1909630

ChRIS KOStaNeCKI ck@capitalpacific .com | (415) 274-2701 CA BRE# 01002010

ChRIS PeteRScpeters@capitalpacific .com | (415) 274-2703 CA BRE# 01339983

Zeb RIPPLezripple@capitalpacific .com | (415) 274-2702CA BRE# 01242540

In Conjunction with IL Licensed Broker:Edwin M . Vdovets | 312-263-1010

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