Old National Marketplace Preview

New Investment Offering Coming Soon!

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Old National Marketplace 6425 Old National Highway, College Park, GA (Atlanta) Stable National & Regional Tenancy | Upside Opportunity | Low Entry Basis | Institutional Quality

Van Barron

Associate Director vbarron@stanjohnsonco.com P: +1 404.823.6758 | C: +1 404.229.8522 GA License #209326

KB Yabuku

Associate Director kyabuku@stanjohnsonco.com P: +1 404.823.6755

Investment Highlights National & Regional Tenant Mix – The Property is approximately 80% leased to a variety of brand name tenants including LA Fitness, Burlington, Marshall’s, Hibbett Sports, Family Dollar, It’s Just Fashion, Lil’ Caesar’s and T-Mobile.

Institutional Quality Development - The Property is a conventional in-line site plan spread over thirty-five acres and comprises roughly 235,000 rentable square feet. Constructed in two phases between 2010 and 2012, building finishes are a combination of brick veneer and stucco on block, custom canopies and awnings, and landscaped islands throughout.

Low Acquisition Basis | Significant Discount to Replacement - The offering reflects a price per square foot in the low $100 range, arguably a significant discount to replacement cost.

Stable In-Place Net Operating Income – Over 50% of the in-place income stream is attributed to LA Fitness and Burlington, both of which have remaining lease terms greater than 10 years.

Additionally, Marshalls and Beauty Master have over 6 years remaining on their respective leases. Collectively, these four tenants represent approximately 80% of the income in-place over the next six years.

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Leasing Upside Opportunity – The remaining vacant space provides an investor additional revenue by way of leasing at current market rates. Reasonable projected lease up over a threeyear period potentially yields $700,000 in new lease revenue.

Developable Outparcels - Five outparcels with over 1,100 SF of frontage along Old National Highway are separately available for purchase.

Financing Availability – The Offering includes financing of up to 75% loan-to-cost. The loan will also include funds for speculative leasing tenant improvements and commissions.

Dominant Retail Area – Old National Marketplace is situated on the west side of Old National Highway (43,271 VPD), just 3 miles south of I-285 and adjacent to Walmart Supercenter and Kroger anchored centers.

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Key Economic Growth Area of Atlanta – The Southwest quadrant of Atlanta – South Fulton – is experiencing a boom of new user and speculative commercial construction. Given the explosive growth in the logistics and distribution sectors, coupled with the availability of large land tracts in South Fulton, industrial product has mushroomed along I-85. And thanks to aggressive incentives, Georgia ranks as a top destination for film and television production, adding billions of dollars to the Georgia economy. Three of the largest film studios are located in the South Fulton area. The cumulative affect of the growth in South Fulton is ongoing job growth and demand for housing, goods and services.

Proven Corporate Location With Long Term Appeal - South Fulton offers a strategic anchor location as the home to Hartsfield International Airport, Delta, Porsche North American Headquarters, and Chick-fil-a Corporate Headquarters. Old National Marketplace is situated just south of I-285 (Atlanta’s perimeter highway) and just east of I-85 which feeds the southern Atlanta MSA. Subject Property Photo

Old National Marketplace • Atlanta, GA

Tenant Summary

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Outparcels Available (Sold Separately)

- Tenant Overviews Burlington Coat Factory Burlington Stores, Inc. (BURL) operates as a retailer of branded apparel products in the United States. The company offers fashion-focused merchandise, including women’s ready-to-wear apparel, menswear, youth apparel, baby products, footwear, accessories, home décor and gifts, and coats. As of March 15, 2016, it operated 566 stores in 45 states and Puerto Rico. Burlington Stores, Inc. was founded in 1972 and is based in Burlington, New Jersey.

LA Fitness LA Fitness is a privately owned American health club chain with over 800 clubs across the U.S. and Canada, making it the largest gym chain in the U.S. Ownership is comprised of private equity firms Seidler Equity Partners, CIVC Partners, and Madison Dearborn Partners. The company was formed in 1984 and is based in Irvine, California.

Hibbett Sports Hibbett Sports is a publicly traded holding company for Hibbett Sporting Goods, a full line sporting goods retailer headquartered in Birmingham, Alabama. Its stores offer a range of athletic equipment, footwear and apparel. Hibbett Sports, Inc. operates sporting goods stores in small to mid-sized markets, in the Southeast, Southwest and lower Midwest regions of the United States.

Family Dollar Family Dollar Stores, Inc. is a U.S. chain of variety stores headquartered in Matthews, North Carolina. Family Dollar is not a true “dollar store” in the strict sense; while there are many items available for $1, there are other price points as well. However, approximately 90% of the products cost less than $10.

T Mobile T-Mobile Central is a wholly-owned subsidiary of T-Mobile US, Inc., a cellular telecommunications provider and the United States based subsidiary of T-Mobile International, itself a German holding company for Deutsche Telekom AG’s various mobile communications subsidiaries outside of Germany.

Marshalls Marshalls, Inc., is a chain of American and Canadian off-price department stores owned by TJX Companies. Marshalls has over 975 American stores, including larger stores named Marshalls Mega Store, covering 42 states and Puerto Rico, and 38 stores in Canada.

Old National Marketplace • Atlanta, GA

Confidentiality and Restricted Use Agreement Van Barron Associate Director vbarron@stanjohnsonco.com +1 404.823.6378 GA License #209326

KB Yabuku Associate Director kyabuku@stanjohnsonco.com +1 404.823.6755

This Confidential Investment Summary (“CIS”) is provided by Stan Johnson Company (“SJC”), solely for your consideration of the opportunity to acquire the commercial property described herein (the “Property”). This CIS may be used only as stated herein and shall not be used for any other purpose, or in any other manner, without prior written authorization and consent of SJC. This CIS does not constitute or pertain to an offer of a security or an offer of any investment contract. This CIS contains descriptive materials, financial information and other data compiled by SJC for the convenience of parties who may be interested in the Property. Such information is not all inclusive and is not represented to include all information that may be material to an evaluation of the acquisition opportunity presented. SJC has not independently verified any of the information contained herein and makes no representations or warranties of any kind concerning the accuracy or completeness thereof. All summaries and discussions of documentation and/or financial information contained herein are qualified in their entirety by reference to the actual documents and/or financial statements, which upon request may be made available. An interested party must conduct its own independent investigation and verification of any information the party deems material to consideration of the opportunity, or otherwise appropriate, without reliance upon SJC. The Property may be financed or withdrawn from the market without notice, and its owner(s) reserve(s) the right to negotiate with any number of interested parties at any time. The Property is offered and sold by its owner(s) as is, where is, and with all faults, without representation or warranty of any kind except for any customary warranties of title.

Stan Johnson Company 3340 Peachtree Rd. NE Suite 650 Atlanta, GA 30326 404.823.6360 stanjohnsonco.com

BY ACCEPTING THIS CIS, YOU AGREE THAT: (1) all information contained herein, and all other information you have received or may hereafter receive from SJC relating to the Property, whether oral, written or in any other form (collectively, the “Information”), is strictly confidential; (2) you will not copy or reproduce, and claim as your own without attribution to SJC, all or any part of this CIS or the Information; (3) upon request by SJC at any time, you will return and/or certify your complete destruction of all copies of this CIS and the Information; (4) for yourself and all your affiliates, officers, employees, representatives, agents and principals, you hereby release and agree to indemnify and hold harmless SJC all of its affiliates, officers, employees, representatives, agents and principals, from and with respect to any and all claims and liabilities arising from or related to the receipt or use of this CIS and/or any other Information concerning the Property; (5) you will not provide this CIS or any of the Information to any other party unless you first obtain such party’s acceptance and approval of all terms, conditions, limitations and agreements set forth herein, as being applicable to such party as well as to you; and (6) monetary damages alone will not be an adequate remedy for a violation of these terms and that SJC shall be entitled to equitable relief, including, but not limited to, injunctive relief and specific performance, in connection with such a violation and shall not be required to post a bond when obtaining such relief.

The information contained herein was obtained from sources believed reliable, however, Stan Johnson Company makes no guaranties, warranties or representations as to the completeness thereof. The presentation of this property for sale, rent or exchange is submitted subject to errors, omissions, change of price or conditions, or withdrawal Old National Marketplace • Atlanta, GA without notices.