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www.MarcusMillichap.com JOSEPH BLATNER / (503) 200-2029 [email protected] JEFF ROWLETT / (262) 364-1924 [email protected] MATT FITZGERALD / (262) 364-1950 [email protected] FOXX CREEK PLAZA Chatham , IL 1001 Jason Place, Chatham, IL 62629 (SPRINGFIELD, IL MSA) GROCERY ANCHORED SHOPPING CENTER Steven Weinstock, IL Broker of Record IL LIC: 471.011175
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www.MarcusMillichap.comJOSEPH BLATNER / (503) 200-2029 [email protected]

JEFF ROWLETT / (262) 364-1924 [email protected]

MATT FITZGERALD / (262) 364-1950 [email protected]

F OX X C R E E K P L A Z AChatham, IL

1001 Jason Place, Chatham, IL 62629 (SPRINGFIELD, IL MSA)

GROCERY ANCHORED SHOPPING CENTER

Steven Weinstock, IL Broker of RecordIL LIC: 471.011175

FOXX CREEK PLAZA - CHATHAM, IL :: 2

LEGAL DISCLAIMER

Marcus & Millichap hereby advises all prospective purchasers of Net Leased property as follows:The information contained in this Marketing Brochure has been obtained from sources we believe to be reliable. However, Marcus & Millichap has not and will not verify any of this information, nor has Marcus & Millichap conducted any investigation regarding these matters. Marcus & Millichap makes no guarantee, warranty or representation whatsoever about the accuracy or completeness of any information provided. As the Buyer of a net leased property, it is the Buyer’s responsibility to independently confirm the accuracy and completeness of all material information before completing any purchase. This Marketing Brochure is not a substitute for your thorough due diligence investigation of this investment opportunity. Marcus & Millichap expressly denies any obligation to conduct a due diligence examination of this Property for Buyer. Any projections, opinions, assumptions or estimates used in this Marketing Brochure are for example only and do not represent the current or future performance of this property. The value of a net leased property to you depends on factors that should be evaluated by you and your tax, financial and legal advisors. Buyer and Buyer’s tax, financial, legal, and construction advisors should conduct a careful, independent investigation of any net leased property to determine to your satisfaction with the suitability of the property for your needs. Like all real estate investments, this investment carries significant risks. Buyer and Buyer’s legal and financial advisors must request and carefully review all legal

and financial documents related to the property and tenant. While the tenant’s past performance at this or other locations is an important consideration, it is not a guarantee of future success. Similarly, the lease rate for some properties, including newly-constructed facilities or newly-acquired locations, may be set based on a tenant’s projected sales with little or no record of actual performance, or comparable rents for the area. Returns are not guaranteed; the tenant and any guarantors may fail to pay the lease rent or property taxes, or may fail to comply with other material terms of the lease; cash flow may be interrupted in part or in whole due to market, economic, environmental or other conditions. Regardless of tenant history and lease guarantees, Buyer is responsible for conducting his/her own investigation of all matters affecting the intrinsic value of the property and the value of any long-term lease, including the likelihood of locating a replacement tenant if the current tenant should default or abandon the property, and the lease terms that Buyer may be able to negotiate with a potential replacement tenant considering the location of the property, and Buyer’s legal ability to make alternate use of the property.

By accepting this Marketing Brochure you agree to release Marcus & Millichap Real Estate Investment Services and hold it harmless from any kind of claim, cost, expense, or liability arising out of your investigation and/or purchase of this net leased property.

The information contained in this Marketing Brochure is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from Marcus & Millichap and should not be made available to any other person or entity without the written consent of Marcus & Millichap. 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. Marcus & Millichap 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, PCBs 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, Marcus & Millichap has not verified, and will not verify, any of the information contained herein, nor has Marcus & Millichap 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.

ALL PROPERTY SHOWINGS ARE BY APPOINTMENT ONLY.PLEASE CONSULT YOUR MARCUS & MILLICHAP AGENT FOR MORE DETAILS.

FOXX CREEK PLAZA - CHATHAM, IL :: 3

Foxx Creek Plaza is a nearly 47,000 SF retail center located in Chatham, IL, a suburb of Springfield, IL.

Major tenants include HealthDirect Pharmacy, Pizza Hut, Snap Fitness, State Farm, Fantastic Sam’s and The Creek Pub and Grill. This center is Chatham’s largest shopping center and is anchored by County Market grocery store (not part of the sale).

INVESTMENT OVERVIEW

PRICE

$5,268,000

S P R I N G F I E L D M S A

93% OCCUPIED SHOPPING CENTER

CAP

8.50%

NET OPERATING INCOME . . . $447,480

TOTAL SQUARE FEET . . . .46,682 SF

PRICE PER SQUARE FOOT . . . .$113

AVERAGE RENT PER SF . . . $11.13

YEAR BUILT . . . 1999

LOT SIZE . . . 5.90 Acres

OCCUPANCY . . . 93%

Grocery anchorNot part of sale

FOXX CREEK PLAZA - CHATHAM, IL :: 4

Foxx Creek Plaza is located just off Main Street (Route 4), with over 16,900 VPD.

The center sits at the intersection of Plummer Blvd & Jason Place and has 7 ingress/egress points and un-empeeded visibility from all 4 directions.

: : LARGE AFFLUENT TRADE AREA:: EXCELLENT ACCESS & VISIBILITY

: : 93% OCCUPIED

INVESTMENT DETAILS

LOCATED OFF

MAIN AVE / ROUTE 4

ANCHORED BY

COUNTY MARKET

Foxx Creek Plaza is a 46,682 SF retail center, the largest in Chatham, IL, a suburb of Springfield, the state capital.

The center is 93% occupied and is anchored by County Market grocery store (not a part). The

grocery store brings more traffic to the

center.

Chatham is located at the intersection of Illinois Route 4 and County Highway 40, approximately 4 miles south of exit 93 off Interstate-72 and 2 miles west of exit 88 off Interstate-55.

The city is just 10 miles south of Springfield, or 15 min drive. The average household income within 3-mile radius of the center is $102,492.

PART OF THE SPRINGFIELD, IL MSA

FOXX CREEK PLAZA - CHATHAM, IL :: 5

R E N T R O L L

Antonio's Pizza 1009 1,120 9/1/2001 8/31/2019 $11,424 -- -- -- NNN

BSQ, L.L.C. (Fantastic Sams) 1013 1,050 1/1/2017 12/31/2022 $14,333 1/1/2023 $15,876 (1) 4 year option NNN

Vacant 1013B 980 -- -- -- -- -- -- --

The Sun Room 1017 2,590 2/1/2005 3/31/2021 $28,490 4/1/2018 4/1/2020

$29,060$29,630 -- NNN

NPC International, Inc 1025 1,400 7/18/2012 7/31/2018 $14,000

8/1/2018 8/1/2021 8/1/2024 8/1/2027 8/1/2030

$14,700 $15,435 $16,207 $17,017 $17,868

(5) 3 year options NNN

Scoop de Jour 1029 1,540 6/1/2015 5/31/2019 $17,325 -- -- -- NNN

World Finance 1033 1,470 8/1/2014 7/31/2018 $17,096 -- -- -- NNN

Dong Vo dba CT Nails 1037 1,470 8/1/2008 6/30/2018 $19,713 -- -- (1) 5 year option NNN

State Farm Insurance 1041 1,470 5/1/2007 4/30/2022 $16,5675/1/2018 5/1/2019 5/1/2020 5/1/2021

$17,052$17,420$17,919$18,287

-- NNN

Great Wall (Feng Wang) 1045 1,470 9/1/2014 8/31/2019 $14,700 9/1/2018 $16,538 (1) 5 year option NNN

Health Direct Institutional Pharmacy Services 1049 9,314 1/15/2006 1/31/2021 $85,689

2/1/2018 2/1/2019 2/1/2020

$86,900$88,204$89,601

-- NNN

Snap Fitness 1057 4,707 8/5/2011 12/31/2021 $56,4848/5/2018 8/5/2019 8/5/2020 8/5/2021

$57,614 $58,766 $59,941

$61,140

(2) 5 year options NNN

Factory Connection, LLC 1065 4,376 6/12/2015 6/30/2020 $34,745 7/1/2021 $36,496 (2) 5 year options NNN

Vacant 1073 2,385 -- -- -- -- -- -- --

Spring Mobile* 1077 2,250 10/16/2011 10/31/2016* $20,925 -- -- -- NNN

Chatham Pub Partners,LLC 1081 4,410 5/15/2008 5/31/2022 $56,845 6/1/2020 $58,874 (1) 5 year option NNN

Advance Phys Therapy & Sports Med of Chatham* 1089 2,250 6/26/2008 9/30/2016* $32,625 -- -- -- NNN

Live Free, Inc. dba Freedom Vapes 1093 2,430 5/1/2016 4/30/2019 $20,048 5/1/2018 $21,263 -- NNN

TOTAL 46,682 SF $465,471

TENANT INFONAME UNIT SQUARE FEET

LEASE TERMSCOMMENCEMENT EXPIRATION

CURRENT RENTANNUAL BASE RENT

RENT INCREASESDATE OPTIONSANNUAL RENT TYPE

LEASE

* Currently negotiating new leases

FOXX CREEK PLAZA - CHATHAM, IL :: 6

I N C O M E & E X P E N S E S

SCHEDULED RENT $465,471

(+) EXPENSE REIMBURSEMENT $151,049

(+) OTHER REVENUE $4,630

(=) GROSS POTENTIAL INCOME $621,149

(-) TOTAL OPERATING EXPENSES ($173,669)

CAM Expense $34,223

Tax Expense $100,655

Insurance Expense $9,605

Utilities $10,552

Management $18,634

(=) NET OPERATING INCOME $447,480(-) RESERVES ($4,668)

(-) DEBT SERVICE ($228,394)

(=) CASH FLOW $214,418

CASH ON CASH RETURN 11.63%

(-) PRINCIPAL REDUCTION ($75,857)

(=) TOTAL RETURN WITH PRINCIPAL REDUCTION $290,275

TOTAL CASH ON CASH WITH PRINCIPAL REDUCTION 15.74%

FOXX CREEK PLAZA - CHATHAM, IL :: 7

P H O T O

: : 5 .90 ACRES LOT

L A R G E L O T

WITH AMPLE PARKING

NOT A PART

FOXX CREEK PLAZA - CHATHAM, IL :: 8

PLUMMER BLVD

NOT A PART

DRIVE THRU PHARMACY

Vacant

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Advance PHYSICAL THERAPY

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Residential Neighborhood

NHealth Direct Institutional

Pharmacy Services

< >

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< >Parcel outline not exact, buyer must verify

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FOXX CREEK PLAZA - CHATHAM, IL :: 9

P H O T O S

FOXX CREEK PLAZA - CHATHAM, IL :: 10

B I R D ’ S E Y E V I E W

NOT A PART

FOXX CREEK PLAZA - CHATHAM, IL :: 11

< >

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N

Parcel outline not exact, buyer must verify

Illinois National Bank

FAMILY MEDICAL CENTER OF CHATHAM

PLUMMER B

LVD

KOUFAX DR

GLENWOOD HIGH SCHOOL

GLENWOOD ELEMENTARY

SCHOOL

MAIN ST16,900 CARS DAILY*4

A E R I A L

Residential NeighborhoodResidential Neighborhood

FOX CREEK PLAZA

NOT A PART

FOXX CREEK PLAZA - CHATHAM, IL :: 12

A E R I A L

N

MAIN ST

16,900 CARS DAILY*

Parcel outline not exact, buyer must verify * Costar 2015

4PLUMMER BLVD

FOX CREEK PLAZA

KOUFAX DR

FOXX CREEK PLAZA - CHATHAM, IL :: 13

HOUSEHOLD INCOME

2016 AVERAGE

2016 MEDIAN

POPULATION

2010

2016

2021

D E M O S

:: WITHIN 3-MILE RADIUS

$ 1 0 2 , 4 9 2 + A V G

H O U S E H O L D

I N C O M E S

< 1 Mile

5 Miles >

1 Mile 3 Miles 5 Miles

$97,063 $102,492 $99,313

$76,105 $80,966 $77,451

1 Mile 3 Miles 5 Miles

5,913 14,199 26,634

6,246 14,940 27,422

6,999 16,489 29,521

Company Name # of Employees

Meijer Inc 475

CCB Credit Services Inc 350

Scheels All Sports Inc 300

Healthcare Service Corporation 238

Human Services Illinois Dept 225

Wal-Mart Stores Inc 200

Simplex Inc 190

ServiceMaster Company LLC 180

Knights Action Park Inc 160

City of Springfield 150

Henson Robinson Company 150

Target Stores Inc 150

MAJOR AREA EMPLOYERS

GOODWILL

S P R I N G F I E L D

FOXX CREEK PLAZA - CHATHAM, IL :: 14

C H AT H A M , I L

CHATHAM

SPRINGFIELD

I L L I N O I S

M I S S O U R I

CHICAGO

DECATURJACKSONVILLE

DAVENPORT

ST LOUIS

Chatham is a village in Sangamon County, Illinois. It is

located 2.8 miles south of Springfield and has a retail

trade area that extends into four other municipalities,

including Springfield.

: : PROXIMITY TO SPRINGFIELD, IL

Chatham sits just 10 miles South of Springfield, a 15

min drive. Springfield is the capital of the U.S. state

of Illinois and the county seat of Sangamon County.

Springfield is the largest city in central Illinois.

Abraham Lincoln lived in Springfield from 1837

until 1861, when he went to the White House as

President. Major tourist attractions include multiple

sites connected with Lincoln including his presidential

library and museum, his home from 1837 to 1861, and

his tomb at Oak Ridge Cemetery.

: : CENTRALLY LOCATED

Chatham is centrally located and within less then 5

hours of St Louis, Louisville, Indianapolis, Chicago &

Kansas City.

A B O U T

Cha tham, I L

F OX X C R E E K P L A Z AChatham, IL

JOSEPH BLATNER / (503) 200-2029 [email protected]

JEFF ROWLETT / (262) 364-1924 [email protected]

MATT FITZGERALD / (262) 364-1950 [email protected] www.MarcusMillichap.com

Steven Weinstock, IL Broker of RecordIL LIC: 471.011175


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