387 Shuman Blvd, Naperville, IL 60563

VALUE-ADD + STRONG IN-PLACE CASHFLOW The Property presents a new investor with a strong value-add opportunity, given its 53% in-place occupancy yet also providing tremendous cashflow with a current operating income of $924,212. The investor will benefit from the potential to lease the 52,000 square feet of vacancy spread across 16 units by hiring professional third-party leasing brokers.

FULLY RENOVATED CLASS-A OFFICE The Investment is a newly renovated, state-of-the-art, Class-A office / medical building. Current ownership committed to undertaking major renovation projects in order to effectively outfit the Property for medical tenants and breathe new life into the building coming out of the Pandemic. These projects include a redesign of the parking lot, renovation of the lobby, hallways, and restrooms, replacement of the HVAC, electrical and plumbing systems, and roof, and new LED lighting throughout the building. The Property is in beautiful condition and ready for full lease up.

STRONG VISIBILITY + AMENITIES The Property features exceptional visibility via I-88, which sees 135,000 vehicles per day and presents tenants with valuable monument signage exposure. The Property offers tenants high-speed internet access, modern keyless entry systems, tenant-controllable HVAC, a large parking lot, and a brand-new common area buildout.

MEDICAL TENANCY + NAPERVILLE’S HEALTHCARE BOOM 50% of the Property’s tenants operate medical businesses. The Healthcare industry is the largest and fastest growing industry in DuPage County, adding 3,945 new jobs in the last five years with the expectancy to add another 700 over the next twelve months. There are eight award-winning hospitals in DuPage County, totaling more than 75,000 employees. In 2020, healthcare and social assistance contributed $6.7 billion to the total GDP.

STRONG MEDICAL OFFICE FUNDAMENTALS Demand for medical office continues to outpace supply. Nationwide medical office absorption last year totaled 18.8 million square feet, leading to additional upward pressure on rental rates. Even in times of economic uncertainty, demand for the US’s aging population drives more healthcare demand. By 2030, 20% of Americans will be 65 years or older which will mark the first time that older people are projected to outnumber children.

PROXIMITY TO THRIVING NAPERVILLE Positioned just south of Interstate-88, the Property benefits from its proximity to Naperville’s Freedom Commons and a host of retail options in downtown Naperville that further enhances its value. Just 2 miles east of the Property, Freedom Commons is a thriving retail subsection of Naperville developed to offer a premium selection of fitness, beauty, and financial services, as well as dining and entertainment options. The Property is just ~2 miles north of downtown Naperville, one of the most sought-after cities in the Midwest. Downtown Naperville offers a plethora of retail and dining, from big box retailers and national restaurants to neighborhood shops and eateries. Naperville’s renowned amenities, such as its schools and hospitals, are all within a few miles of the Property. Furthermore, the Investment is strategically positioned within a short drive to five major hospitals, including Edward-Elmhurst Hospital, Central DuPage Hospital, Rush Copley Memorial Hospital, Advocate Good Samaritan Hospital, and Presence Mercy Medical Center.

DUPAGE = LOW TAXES + 930,000 PEOPLE The Investment benefits from DuPage County’s commercial taxes that are typically significantly lower than those of neighboring Cook County’s. More than 930,000 people live in DuPage County, making it Illinois’ second-most populous county.

AWARD-WINNING, AFFLUENT COMMUNITY Naperville is consistently ranked as one of the best cities to live in, not just in Illinois, but also across the Midwestern U.S., for its award-winning schools and libraries, nationally recognized economic development, and safe community. The Property benefits from a 1-mile average household income of $139,875, nearly two times the national average. The Property also has a 5-mile population of 200,000+ and a 1-mile median home value of $423,933.