7-Eleven1 1 6 9 0 S n o w R d | C l e v e l a n d , O H

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I n v e s t m e n t H i g h l i g h t s

f i n a n c i a l O V E R V I E W

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K y l e B M at t h e w s , C C I M

Chairman & CEO

Kyle.Matthews@matthews.comDIR (310) 919-5757

LIC # 01469842 (CA)

J e f f e r y M i l l e r

Associate

jef fery.mi l ler@matthews.comDIR (424) 220-7263MOB (817) 239-1566LIC # 02013110 (CA)

Laurence BergmanBroker of Record

Lic # 348029

I n v e s t m e n t H i g h l i g h t s

Location

• 10 miles away from downtown Cleveland and 4 miles away from Cleveland Hopkins International Airport

• On a signalized hard corner with 4 entrances and exits for multiple points of egress and ingress

• 2 miles from Interstate 480 (123,000 VPD), 1 mile from Highway 17 (37,000 VPD) and 1.3 miles from U.S. Route 42 (20,000 VPD)

• Almost 300,000 people in a 5-mile radius with average household income of $57,900 in a 1-mile radius

Property

• Absolute NNN fee simple investment with zero landlord responsibilities and a tenant that has shown 27 years of commitment

• Offering an attractive return of 5.75% with a low price point of $1,108,695

• Recently extended 8-year lease showing commitment to the site with three 5-year options

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f i n a n c i a lo v e r v i e w

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7 - E l e v e n11690 Snow RoadCleveland, OH 44130

List Price ......................................................................................... $1,108,695

CAP Rate - Current ................................................................................ 5.75%

Gross Leasable Area ...................................................................± 2,900 SF

Lot Size ...................................................................................... ± 0.55 Acres

Year Built .................................................................................................... 1990

Annualized Operating DataMonthly Rent Annual Rent Rent/SF Cap Rate

Current - 9/30/2025 $5,312.50 $63,750 $21.98 5.75%

Option 1 – 10/1/2025 – 9/30/2030 $5,843.75 $70,125 $24.18 6.33%

Option 2 – 10/1/2030 – 9/30/2035 $6,428.13 $77,137 $26.60 6.96%

Option 3 – 10/1/2035 – 9/30/2040 $7,070.94 $84,851 $29.26 7.65%

Tenant Summary

Tenant Trade Name 7-Eleven Corporation

Type of Ownership Fee Simple

Lease Guarantor Corporate

Lease Type NNN

Roof and Structure Tenant Responsibility

Original Lease Term 8 Years

Lease Commencement Date 10/2/2017

Lease Expiration Date 9/30/2025

Term Remaining on Lease ± 8 Years

Increases 10% Increases in the Options

Options Three, 5-Year Options

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T e n a n t O v e r v i e w7-Eleven is the world’s largest convenience store chain operating, franchising and licensing more than 60,000 stores in 18 countries and is also one of the nation’s largest independent gasoline retailers. As the pioneer of the convenience store concept, 7-Eleven strives to meet the needs of convenience-oriented guests by providing a broad selection of fresh, high-quality products and services at everyday fair prices, speedy transactions and a clean, friendly shopping environment. Each store maintains a selection of approximately 2,500 different products and services tailored to meet the needs and preferences of its local clientele. Stores typically vary in size from 2,400 to 3,000 square feet and are most often located on corners to maximize visibility and allow for easy access.

The company’s iconic products have become a substantial part of American culture from its well-known Big Gulp® fountain soft drink and Big Bite® grill items to the Slurpee® beverage and its fresh-brewed coffee. 7-Eleven’s food service offerings bring guests a proprietary line of prepared-fresh-daily and daily delivered deli sandwiches, wraps, breakfast sandwiches and a wide assortment fruits, salads and baked goods. Serving guests 24 hours a day is one of the cornerstones of 7-Eleven’s business.

MARKETING & COMPANY STRATEGYWith nonstop innovation, 7-Eleven and its product development teams continue to introduce new products as they search for new flavors, better recipes and useful inventions to satisfy time-constrained customers. Keeping pace with the ways technology is redefining how people shop, 7-Eleven has invested in software and business processes that have revolutionized store operations.

Furthermore, stores reap the benefits from the strong marketing campaigns and advertisements, including national TV and radio commercials, social media, special events and promotions and even public relations support.

GEOGRAPHIC REACHThe company operates, franchises and licenses approximately 10,700 stores in the U.S. and Canada. Of the close to 8,200 stores the company operates and franchises in the United States, more than 6,700 are franchised. Outside of the U.S. and Canada, there are more than 49,300 7-Eleven and other convenience stores in Japan, Taiwan, Thailand, South Korea, China, Malaysia, Mexico, Singapore, Australia, the Philippines, Indonesia, Norway, Sweden, Denmark and United Arab Emirates.

Company Name 7-Eleven Inc.

Ownership Private

No. of Locations (all) ± 60,000

No. of Employees ± 48,000

Headquartered Irving, Texas

Website www.7-eleven.com

Year Founded 1927

t h e o f f e r i n g

Property Name 7-Eleven

Property Address 11690 Snow Road

Cleveland, OH 44130

Assessor’s Parcel Number 442-43-020

Site DescriptionNumber of Stories One

Year Built 1990

Gross Leasable Area (GLA) ± 2,900 SF

Lot Size ± 0.55 Acres (22,500 SF)

Type of Ownership Fee Simple

Parking ± 10 Surface Spaces

Landscaping Professional

Topography Generally Level

Business Center

Snow Plaza Shopping Center

MetroHealthMedical Center

West Bound

Snow Road ± 15,000 ADT

Che

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0 A

DT

Sparkling Clean Laundry

Antonio’s Real Italian Pizza

Quest Community

School

ABF Freight

Marc Glassman Inc.

Pack Rat Moving and

Storage

Melin Tool

Marlin Manufacturing

Eaton Electrical

RUSH Truck Center

Snowville Shopping

Center

GM Metal Fabrication

Division

S u r r o u n d i n g T e n a n t s

Shopping Center

East Bound

Snow Road

Stumph Road

Antonio’s Real Italian Pizza

Quest Community

School

Pack Rat Moving and

Storage

Melin Tool

Sparkling Clean LaundryABF

Freight

Marc Glassman Inc.

Marlin Manufacturing

Eaton Electrical

RUSH Truck Center

GrafTech

The Brake Shop

U-Haul at Snow Rd

MetroHealthParma

XPO Logistics

Jo-Joe’s Automotive

Amac Enterprises

Parma Adult Center

Sterling DieTerracon

Consultants

Applied Maintenance

Supplies

Paulin Industries

Legacy Health Services

Firstar Precision

Barile Precision

The Prince & Izant Corp.

Mayesh Wholesale

S u r r o u n d i n g T e n a n t s

U-Haul at Snow Rd

S i t e P l a n

C l e v e l a n d , O Ha r e a o v e r v i e wCleveland, Ohio is known for its passionate residents and unique character that represents the region. Located on the southern shore of Lake Eric, Cleveland is the second-most populated city in the state and 51st largest in the nation. Whether it is sports, art, food, or their city overall, Clevelanders represent their city with pride, no matter what. Their residents work hard to keep their city thriving and moving forward to a brighter future.

Cleveland has something to offer everyone from many different attractions to amazing architecture. If you are a city person, Downtown Cleveland offers one of a kind art and 19 century architecture that can be spotted throughout the city. It has everything from the Financial District and Civic Center to the Cleveland Theatre District that holds the famous Playhouse Square Center. Many Clevelanders live in the surrounding suburbs, which provides short and easy access the city. Many of the suburbs in Cleveland are part of the Northeastern Ohio First Suburbs Consortium.

C l e v e l a n d d e m o g r a p h i c s

POPULATION 1 Mile 3 Mile 5 Mile

2022 Projection 8,755 109,735 292,863

2017 Estimate 8,890 111,280 297,182

2010 Census 9,168 114,803 307,663

2000 Census 9,927 120,552 327,933

HOUSEHOLDS 1 Mile 3 Mile 5 Mile

2022 Projection 4,212 48,738 126,263

2017 Estimate 4,230 49,019 127,153

2010 Census 4,259 49,638 129,367

2000 Census 4,444 51,031 135,259

INCOME 1 Mile 3 Mile 5 Mile

2017 Est. Average Household Income

$57,979 $57,227 $57,235

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E c o n o m yCleveland has been a key component to the growth of the Lake Erie region. Manufacturing was the main industry for Cleveland’s development, but the city has recently expanded their developments to keep their economy rising. Cleveland is the home to many large corporations such as Forest City Enterprises, Sherwin-Williams Company, KeyCorp and many others. The Glenn Research Center, one of NASA facility’s, is another large contributor to the city.

Cleveland is also known for their outstanding health care. The Cleveland Clinic is known as one of America’s best hospitals with some of the highest ratings. Other renowned health care facilities in the area include University Hospitals of Cleveland, recognized for its center for cancer treatment, MetroHealth medical center, and Case Western Reserve University, which focuses on biotechnology and fuel cell research. Several hospitals within the area have recently teamed up to build a large biotechnology research center and incubator. This will have a research campus that will focus on biotech startup companies.

N e w D e v e l o p m e n t s

Recently, Cleveland has been exploring new sectors and creating new developments that will help boost their economy. Their newest development has been within the technology sector. They have been recruiting technology companies to the downtown office market. The main draw to this area is connections to high-speed fiber networks that run underneath the downtown streets in the Euclid Avenue area. They have also pulled in Cleveland State University to hire a technology transfer office that is designed to cultivate technology transfers from CSU research to different companies within the area. This connection is anticipated to stimulate technological growth in many different sectors.

Another large development is with the Lake Erie Energy Development Corporation (LEEDco). In 2009, this economic development corporation was created to build the first offshore freshwater wind project in North America. It will be seven miles offshore downtown Cleveland. Their overall goal is to generate 1000MW of wind energy by the year 2020. This has already brought a large amount of jobs to the area, specifically in engineering, manufacturing, installation, and maintenance.

1 6 | M a t t h e w s R e t a i l A d v i s o r s

To understand Cleveland, you need to understand their sport teams, and even more, their fans. The city holds three professional sport teams: Cleveland Indians (Major League Baseball), Cleveland Browns (National Football League), and the Cleveland Cavaliers (National Basketball Association). Each team has had their moments in the spotlight and have brought home several championships.

Although, ask anyone and they will say that the best part about Cleveland sports are the fans. Clevelanders stand behind their team and city no matter what the outcome. Go to any sporting event and you will be emerged in the spirit and pride of the crowd.

S p o r t s

C u lt u r eIf you take a walk around Cleveland, you will see that the city treasures art and history. The Playhouse Square Center is the second largest performing arts center in the United States. The Square includes several theaters that make up the Cleveland Theater District. The Cleveland Orchestra is widely recognized as one of the world’s finest orchestras. It is part of the “Big Five” major orchestras in the United States.

There are also two main art museums in Cleveland. With over 40,000 works of art that rang over 6,000 years, the Cleveland Museum of Art is a major American art museum. The Museum of Contemporary Art Cleveland focuses on established and emerging artists, particularly in the Cleveland area.

M u s i c

It is said that the heart of rock and roll is in Cleveland. It is home to the Rock and Roll Hall of Fame which recognizes and archives the history of the best-known artists, producers, engineers who have influenced the development of rock and roll. The “Rock Hall” has hosted over 10 million visitors and have accumulated $1.8 billion.

This Offer ing Memorandum contains select informat ion pertaining to the business and af fa i rs of 7-Eleven located at 11690 Snow Road, Cleveland, OH 44130 (“Property”) . I t has been prepared by Matthews Retai l Advisors. This Offer ing Memorandum may not be al l - inclusive or contain a l l of the informat ion a prospect ive purchaser may desire. The informat ion contained in th is Offer ing Memorandum is conf ident ia l and furnished solely for the purpose of a review by a prospect ive purchaser of the Property. I t is not to be used for any other purpose or made avai lable to any other person without the wri t ten consent of Sel ler or Matthews Retai l Advisors. The mater ia l is based in part upon informat ion suppl ied by the Sel ler and in part upon f inancial informat ion obtained from sources i t deems rel iable. Owner, nor their of f icers , employees, or agents makes any representat ion or warranty, express or impl ied, as to the accuracy or completeness of th is Offer ing Memorandum or any of i ts contents and no legal l iabi l i ty is assumed or shal l be impl ied with respect thereto. Prospect ive purchasers should make their own project ions and form their own conclusions without rel iance upon the mater ia l contained herein and conduct their own due di l igence.

By acknowledging your receipt of th is Offer ing Memorandum for the Property, you agree:

1 . The Offer ing Memorandum and i ts contents are conf ident ia l ;

2 . You wi l l hold i t and treat i t in the str ictest of conf idence; and

3. You wi l l not , d i rect ly or indirect ly, d isclose or permit anyone else to disclose this Offer ing Memorandum or i ts contents in any fashion or manner detr imental to the interest of the Sel ler.

Owner and Matthews Retai l Advisors expressly reserve the r ight , at their sole discret ion, to reject any and al l expressions of interest or of fers to purchase the Property and to terminate discussions with any person or ent i ty reviewing this Offer ing Memorandum or making an of fer to purchase the Property unless and unt i l a wr i t ten agreement for the purchase and sale of the Property has been ful ly executed and del ivered.

I f you wish not to pursue negot iat ions leading to the acquis i t ion of the Property or in the future you discont inue such negot iat ions, then you agree to purge al l mater ia ls relat ing to th is Property including this Offer ing Memorandum.

A prospect ive purchaser ’s sole and exclusive r ights with respect to th is prospect ive t ransact ion, the Property, or informat ion provided herein or in connect ion with the sale of the Property shal l be l imited to those expressly provided in an executed Purchase Agreement and shal l be subject to the terms thereof. In no event shal l a prospect ive purchaser have any other c la ims against Sel ler or Matthews Retai l Advisors or any of their af f i l iates or any of their respect ive of f icers , Directors , shareholders, owners, employees, or agents for any damages, l iabi l i ty, or causes of act ion relat ing to th is sol ic i tat ion process or the market ing or sale of the Property.

This Offer ing Memorandum shal l not be deemed to represent the state of af fa i rs of the Property or const i tute an indicat ion that there has been no change in the state of af fa i rs of the Property s ince the date this Offer ing Memorandum.

C O N F I D E N T I A L I T Y & D I S C L A I M E R S TAT E M E N T

e x c l u s i v e ly l i s t e d b y

7-Eleven1 1 6 9 0 S n o w R d | C l e v e l a n d , O H

™

K y l e B M at t h e w s , C C I M

Chairman & CEO

Kyle.Matthews@matthews.comDIR (310) 919-5757

LIC # 01469842 (CA)

J e f f e r y M i l l e r

Associate

jef fery.mi l ler@matthews.comDIR (424) 220-7263MOB (817) 239-1566LIC # 02013110 (CA)

Laurence BergmanBroker of Record

Lic # 348029