Net Leased Verizon Investment Property by NetLease


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									               NET LEASED INVESTMENT OFFERING

     6149 US Highway 6
Portage, Indiana (Chicago MSA)


                                      TABLE OF CONTENTS


1)     Confidentiality & Disclaimer

2)     Executive Summary

3)     Property Overview

4)     Aerial

5)     Maps

6)     Tenant Profile

7)     Demographic Comparison Report

8)     Location Overview

9)     Contact Information
                                                                                 CONFIDENTIALITY & DISCLAIMER
                                            NET LEASED INVESTMENT OFFERING

                                       CONFIDENTIALITY & DISCLAIMER

The information contained in the following Marketing Brochure is proprietary and strictly confidential. It is intended to be
reviewed only by the party receiving it from The Boulder Group and should not be made available to any other person or entity
without the written consent of The Boulder Group. This Marketing Brochure has been prepared to provide summary,
unverified information to prospective purchasers, and to establish only a preliminary level of interest in the subject property.
The information contained herein is not a substitute for a thorough due diligence investigation. The Boulder Group has not
made any investigation, and makes no warranty or representation, with respect to the income or expenses for the subject
property, the future projected financial performance of the property, the size and square footage of the property and
improvements, the presence or absence of contaminating substances, PCB's or asbestos, the compliance with State and
Federal regulations, the physical condition of the improvements thereon, or the financial condition or business prospects of
any tenant, or any tenant’s plans or intentions to continue its occupancy of the subject property. The information contained in
this Marketing Brochure has been obtained from sources we believe to be reliable; however, The Boulder Group has not
verified, and will not verify, any of the information contained herein, nor has The Boulder Group conducted any investigation
regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the
information provided. All potential buyers must take appropriate measures to verify all of the information set forth herein.

                                                                                                 EXECUTIVE SUMMARY
                                            NET LEASED INVESTMENT OFFERING

                                               EXECUTIVE SUMMARY

The Boulder Group is pleased to exclusively market for sale a newly constructed net leased Verizon retail store located 30 miles
from downtown Chicago. The property was built in 2009 and is an outparcel to a Wal-Mart Supercenter, Lowes and Sears.
These regional attractions allow Verizon to benefit from an abundance of traffic to this prime retail location. Verizon is
conveniently located on US Highway 6, one of the most heavily trafficked roadways of Portage.

Portage, a bedroom community of Chicago, is among the five Northwest Indiana counties considered part of the Chicago
metropolitan area. Portage is centrally located near three major interstates including I-90/94, I-80, and I-65. Both I-80 and I-
90/94 lead directly to the City of Chicago and its neighboring suburbs while I-65 connects south to Indianapolis.

Verizon is located on US Highway 6 which serves as the primary east-west roadway connecting the regional trade area. The
regional trade area’s prime retail anchors are a Wal-Mart Super Center, Lowes, Menards, K-Mart Super Center, Kohl’s, Sears
and a 16 screen movie theater featuring an IMAX screen. These regional retailers are surrounded by outparcels and
miscellaneous commercial users along US Highway 6. Verizon has a strategic location in between the Wal-Mart Supercenter
and Lowes. Furthermore, directly across the street is Portage High School (2,632 students and over 130 staff members) which
provides an increased traffic volume passing the property daily.

Verizon Wireless is an investment grade tenant rated A by Standard and Poors. The property was a built-to-suit for Verizon in
2009. The subject property has over five years of lease term remaining with a significant rental escalation in 2013.

Investment Highlights

   Property is located within the Chicago MSA within 30
   miles of downtown Chicago
   Prime location in the regional trade area
   Rental escalation in 2013 provides attractive returns
   Investment grade tenant
   Brand new building
   Verizon is the nation’s largest mobile provider
   Sales expected to increase with iPhone availability on
   Verizon in 2011

                                                          PROPERTY OVERVIEW

                      PROPERTY OVERVIEW

Price:                              $1,800,000
Cap Rate:                           8.26%
Net Operating Income:               $148,625
Rental Escalations:                 $159,900 – March 12, 2013
Lease Commencement Date:            March 12, 2009
Lease Expiration Date:              March 11, 2016
Renewal Options:                    Two 5-Year
Renewal Rent:                       $176,300 – March 12, 2016
                                    $192,700 – March 12, 2021
Tenant:                             Verizon Wireless
Year Built                          2009
Lease Type:                         NN
Rentable Square Feet:               4,100
Land Size:                          41,382 SF



                 Portage High School
                   2,632 Students




                                                                                              TENANT PROFILE
                                       NET LEASED INVESTMENT OFFERING

                                             TENANT PROFILE

                                            Cellco Partnership, doing business as Verizon Wireless, is a
                                            wireless phone provider that owns and operates the largest mobile
                                            telecommunications network in the United States, based on a total
                                            of 93.2 million U.S. subscribers. Headquartered in Basking Ridge,
                                            New Jersey, the company is a joint venture of U.S.
                                            telecommunications firm Verizon Communications and British-
                                            based multinational mobile network operator Vodafone Group,
                                            with 55 and 45 percent ownership respectively. Verizon Wireless
had the second largest revenue of all United States wireless companies reporting $101.332 billion in 2008.

On January 9, 2009, Verizon Wireless acquired Alltel Wireless in a deal valued at $28.1 billion. The acquisition
expanded Verizon's wireless network to establish Verizon as the largest United States wireless carrier, based
on number of subscribers.

Verizon Communications Inc. (Verizon) is a provider of communications services. Verizon operates in two
segments: Domestic Wireless and Wireline. Its Domestic Wireless’s products and services include wireless
voice and data services and equipment sales across the United States. Wireline’s communications products
and services include voice, Internet access, broadband video and data, next generation Internet protocol (IP)
network services, network access, long distance and other services. It provides these products and services to
consumers in the United States, as well as to carriers, businesses and government customers both in the
United States and in 150 other countries worldwide. On January 9, 2009, the Company acquired Alltel
Corporation (Alltel). In July 2010, Frontier Communications Corp acquired New Communications Holdings Inc.,
Verizon Communications Inc.'s local wireline operations in 14 states.

Number of Locations:            2,000
Stock Symbol:                   VZ : NYSE
Standard & Poors Rating:        A
Market Capitalization:          $90.51 Billion

                                                   DEMOGRAPHIC COMPARISON REPORT
                            NET LEASED INVESTMENT OFFERING


Population                                    3-mile          5-mile   10-mile

2009 Total Population                        45,921           85,279   261,443
2009 Total Households                        17,466           33,563    99,543
2009 Daytime Population                      37,739           70,512   211,473
% Population Change 1990-2009               13.85%           13.80%    14.32%
% Population Change 2000-2009                 6.25%           6.46%      7.02%


2009 Median Household Income                $49,917          $49,162   $51,213
2009 Average Household Income               $61,084          $61,723   $62,189

                                                                                           LOCATION OVERVIEW
                                         NET LEASED INVESTMENT OFFERING

                                         LOCATION OVERVIEW

                                       Portage is the largest city within Porter County, and third largest in
                                       Northwest Indiana. Northwest Indiana, also known as the South Shore and
                                       The Calumet Region comprises Lake, Porter, LaPorte, Newton, and Jasper
                                       counties in Indiana. This region neighbors Lake Michigan, and is part of the
                                       Chicago metropolitan area. The region's largest city is Gary; other
                                       municipalities in Northwest Indiana include Chesterton, Crown Point, Dyer,
                                       East Chicago, Hammond, Highland, Hobart, Merrillville, Michigan City,
                                       Munster, Portage, Schererville, and Valparaiso.
The northern portion of Northwest Indiana is noted for its heavy industry. Gary, Portage, Burns Harbor and East
Chicago are home to major steel mills, including the largest North American facilities for both U.S. Steel and Arcelor
Mittal. Whiting and Hammond are home to the largest oil refinery in the Midwestern U.S., operated by BP. Other
industrial outputs include fabricated metals, transportation equipment, and food products. Major attractions to
the Northwest Indian communities are the shores of Lake Michigan and the Indiana Dunes.

                                                    CONTACT INFORMATION


              666 Dundee Road | Suite 1801
                  Northbrook, IL 60062

Randy Blankstein                 Jimmy Goodman
President                        Partner
847.562.0003                     847.562.8500


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