Commercees

H. Ray Knight, Broker Presents

Capitol Commerce Center 5110 – 6360 Capitol Drive Wheeling (Chicago), Illinois

1 888-786-3924 (toll free) WWW.SUNEXCHANGEPROPERTIES.COM

1400 East Southern Avenue, Suite 225B, Tempe, Arizona 85282 phone 480 775-3904 toll free 888 SUN-3924 fax 602 445-9228 www.sunexchangeproperties.com

Capitol Commerce Center

Wheeling (Chicago), Illinois

Property Photos

1400 East Southern Avenue, Suite 225B, Tempe, Arizona 85282 phone 480 775-3904 toll free 888 SUN-3924 fax 602 445-9228 www.sunexchangeproperties.com

Capitol Commerce Center Wheeling (Chicago), Illinois

Letter of Confidentiality Thank you for your interest in the above-named property. Neither this letter nor the information that is or may be provided should be considered to be allinclusive, nor should it be deemed to be all of the information that a prospective buyer might need or desire. Neither H. Ray Knight, Sun Exchange Properties LLC, the seller, nor any of its employees, officers or agents make any warranty or representation, implied or expressed, with regard to the accuracy or completeness of this letter or any of the contents hereto; no legal liability is to be implied or assumed. This information shall not be interpreted as an exact representation of the state of affairs of the property, nor shall it be construed that there has been no change in the business or affairs of this property since the time this information was prepared. The seller is considering bringing other owners in with them to co-own this building. This is not yet an offer for sale. This is a confidential letter intended only for your own limited use with regard to the possible purchase of an interest in the above referenced property. By acknowledging receipt of this confidential information, you agree that this information is to be treated as strictly confidential, and that you will hold and treat it with strict confidence, and that you will not disclose this information or allow anyone else to do so without the expressed written permission of H. Ray Knight, Sun Exchange Properties LLC, or the seller. Photocopying or any other duplication is strictly forbidden. Should you choose not to proceed with this acquisition, you agree to return this information in its entirety to:

Sun Exchange Properties LLC H. Ray Knight, Broker 1400 E. Southern Avenue, Suite 225B Tempe, AZ 85282

1400 East Southern Avenue, Suite 225B, Tempe, Arizona 85282 phone 480 775-3904 toll free 888 SUN-3924 fax 602 445-9228 www.sunexchangeproperties.com

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Capitol Commerce Center Wheeling (Chicago), Illinois

Investment Highlights Capitol Commerce Center consists of four single-story buildings situated within the Village of Wheeling, a suburb of Chicago, Illinois. MARKET LEADER

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Currently 100% leased Capitol Commerce Center among the highest occupied multitenant properties in the North Chicago market.

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The high-quality, attractive Capitol Commerce Center is home to well-known companies including regional and national credit tenants.

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Major tenants include National-Louis University, Good Earth Lighting, SNAP Diagnostics, Health Contact Partners, Rehabilitation Institute of Chicago, The Learning House and East Capitol High School

DOMINANT SUBMARKET

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Stable and well-established, the North Office Market includes the Central North submarket, the location of Capitol Commerce Center.

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With a strong business base, the North Office Market consists of 1,247 buildings totaling 48 million square feet with high occupancy levels.

EXCEPTIONAL DEMOGRAPHICS

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Within the 1, 3 and 5 mile radius the population is 9,116, 95,559 and 286,464 people.

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Within the same radius the average household income is $82,704, $101,802 and $108,191.

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In the market area 43.9% of those over age 25 attained a bachelor’s degree or higher.

STRATEGIC LOCATION AND ACCESSIBILITY

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The Property is conveniently located with immediate access to interstate highways, downtown Chicago, O’Hare International Airport and the regional commuter rail, known as the Metra.

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The property is located adjacent to the Chicago Executive Airport and just two miles west of I-294. The Chicago Executive Airport is the third busiest airport in Illinois. In 1996, the Department of Transportation estimated that the airport generated an economic impact to the area of $142 million annually

1400 East Southern Avenue, Suite 225B, Tempe, Arizona 85282 phone 480 775-3904 toll free 888 SUN-3924 fax 602 445-9228 www.sunexchangeproperties.com

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Capitol Commerce Center Wheeling (Chicago), Illinois

Property Overview Capitol Commerce Center, located at 5110 – 6360 Capitol Drive and consisting of four single-story buildings totaling ±60,845 square feet, is a 100% occupied, multi-tenant office building. The Property is located in the Village of Wheeling, a Northwest suburb in Cook County, Illinois. Cook County accounts for 43.3% of the state’s population and is the second largest county in the nation (with an estimated 5,392,784 people in 2008). As of the 2000 census the population density level for Cook County was 5,686 people per square mile. The property is located adjacent to the Chicago Executive Airport and just two miles west of I-294. The Chicago Executive Airport is the third busiest airport in Illinois. In 1996, the Department of Transportation estimated that the airport generated an economic impact to the area of $142 million annually. With over 12 million square feet of industrial space and a consistently low vacancy rate, the Village of Wheeling continues to uphold its reputation as a strong industrial center in the Chicago Area. For the past decade Wheeling’s unemployment rates has been consistently lower than that of both the Chicago Metropolitan Statistical Area and the State of Illinois, as indicated by Illinois Department of Employment Securities Statistics. Constructed in 1987, Capitol Commerce Center is located within a successful mixed-use corridor with high occupancy rates. The surrounding area includes the Chicago Executive Airport, industrial space, single and multi-story office buildings, and retail stores. Tenants in the neighboring buildings include US Bank, Edward Jones, Shapco Inc., and Pactiv Corporation. Capitol Commerce Center is leased to well-known national and regional tenants including: The Rehab Institute of Chicago, SNAP Diagnostics, National Louis University, Good Earth Lighting, and Health Contact Partners. DESCRIPTION OF PROPERTY

Located in a prime area of Wheeling, the attractively designed single-story property features an efficient layout with minimal loss factor. The surface parking lot enables close in tenant and visitor parking for each building. Constructed of quality materials, the Property is enhanced with masonry brick facades, lush landscape, and exterior accent lighting. Each office suite has a separate and private entry. Office suites contain carpet and tile floor coverings with ceramic tile in the restrooms. Interior wall finishes include painted drywall as well as wall coverings in various places. The ceiling is suspended acoustical tile. Lighting is delivered through a fluorescent lighting grid. Individual tenant spaces include accessible restroom facilities for men and women. Other features include tenant-controlled HVAC, enhanced security, 24-hour access to tenant spaces, and abundant on site and adjacent parking is available. 1400 East Southern Avenue, Suite 225B, Tempe, Arizona 85282 phone 480 775-3904 toll free 888 SUN-3924 fax 602 445-9228 www.sunexchangeproperties.com

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Capitol Commerce Center Wheeling (Chicago), Illinois PROPERTY HIGHLIGHTS

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Fully leased, multi-tenant office building

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Credit tenants, net leases

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Positive cash flow

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Convenient location

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Less than 45 minutes to downtown Chicago

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Interstate highway connection to all major U.S. markets

1400 East Southern Avenue, Suite 225B, Tempe, Arizona 85282 phone 480 775-3904 toll free 888 SUN-3924 fax 602 445-9228 www.sunexchangeproperties.com

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Capitol Commerce Center Wheeling (Chicago), Illinois

Offering Summary Summary Purchase Price

$7,925,000

Debt (Tenant in Common – Non-Recourse)

$3,965,000

Equity

$3,960,000

Loan to Value

50.03%

Building Size

±60,845 sq. ft.

Price per Square Foot Percent Leased

$130.25 100%

Year Built

1987

Lot Size

±5.36 acres

Vital Data Current CAP Rate Current Net Operating Income

1400 East Southern Avenue, Suite 225B, Tempe, Arizona 85282 phone 480 775-3904 toll free 888 SUN-3924 fax 602 445-9228 www.sunexchangeproperties.com

7.0% $554,544

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Capitol Commerce Center Wheeling (Chicago), Illinois

Property Summary Property Information Property Name:

Capitol Commerce Center

Property Address:

5110 – 6360 Capitol Drive Wheeling, IL 60090

Assessor’s Property Number:

03-14-407-006

Zoning:

I-1 Light Industrial 1

Legal Description:

Lot 1 in fresh-n-go subdivision, being a subdivision on the southeast ¼ of the section14, township 42 north, range11, east of the third principal meridian, according to the plat thereof recorded May 7, 2002 as document 0020519803, in Cook County, Illinois.

Site Description Year Built:

1987

Building Size:

±17,159 sq. ft. ±16,243 sq. ft. ±11,199 sq. ft. ±16,244 sq. ft. ±60,845 sq. ft.

5110-5160 Capitol Drive 5210-5260 Capitol Drive 6200-6250 Capitol Drive 6310-6360 Capitol Drive Total Building Area

Stories:

Single-story

Land Area:

±5.36 acres

Parking:

±3.53 spaces per 1,000 sq. ft.

Frontage Access:

±654 feet along Capitol Drive

Landscaping:

Mature trees, shrubbery and lawn

Construction Foundation:

Poured-in-place concrete slab

Floors:

Carpet and tile

Exterior:

Masonry brick

Framing:

Structural steel

Roof Material:

Built up asphalt over steel deck

Window Types:

Aluminum frame

Parking Surface:

Paved asphalt

Mechanical HVAC:

Gas fired individual roof mounted units

Fire/Life Safety Protection:

Wet sprinklers with fire alarm system

Electrical Service:

1600 amps, 3 phase system

1400 East Southern Avenue, Suite 225B, Tempe, Arizona 85282 phone 480 775-3904 toll free 888 SUN-3924 fax 602 445-9228 www.sunexchangeproperties.com

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Capitol Commerce Center Wheeling (Chicago), Illinois

Utilities Water/Sewer:

Village of Wheeling

Electric:

Commonwealth Edison Company

Gas:

Nicor Gas

Telephone: Interior Detail

Ameritech

Walls:

Painted drywall and wallpaper

Ceilings:

Suspended acoustical tile

Floor Coverings:

Carpet and tile

Lighting:

Fluorescent 2x4-foot ceiling fixtures

Rest Rooms:

Accessible restrooms in each suite

1400 East Southern Avenue, Suite 225B, Tempe, Arizona 85282 phone 480 775-3904 toll free 888 SUN-3924 fax 602 445-9228 www.sunexchangeproperties.com

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Capitol Commerce Center Wheeling (Chicago), Illinois

Financial Summary Summary Acquisition Price

$7,925,000

Debt (Tenant in Common – Non-Recourse)

$3,965,000

Equity

$3,960,000

Loan to Value

50.03%

Rentable Area (approximate square footage)

±60,845

Price per Square Foot

$130.25

Current Cap Rate

7.0%

Income -- Fiscal Year Budget (FY 2008 - 2009) Gross Scheduled Base Rent Expense Reimbursement Revenue

$946,612 15,144

Vacancy /Credit Loss

(47,331)

Effective Gross Income

914,425

Operating Expenses

(359,881)

NOI – Net Operating Income

$554,544

Operating Expense Detail (FY 2008 - 2009) Common Area Maintenance

$107,600

Management Fee

47,331

Insurance

14,000

Real Estate Taxes

190,950

Operating Expenses per Square Foot Reserves ($0.20/sq. ft.)

$5.91 $12,169

The above Financial Summary reflects anticipated average financial performance for the first year following acquisition. Actual payouts to owners may vary from month to month because of monthly variations for incomes and operating expenses. These variations are due to the payments of rentals by the tenants and contractual timing of tenant reimbursement recoveries and due to timing of expense items such as property taxes and seasonal expenses

1400 East Southern Avenue, Suite 225B, Tempe, Arizona 85282 phone 480 775-3904 toll free 888 SUN-3924 fax 602 445-9228 www.sunexchangeproperties.com

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Capitol Commerce Center Wheeling (Chicago), Illinois

Property Photos

1400 East Southern Avenue, Suite 225B, Tempe, Arizona 85282 phone 480 775-3904 toll free 888 SUN-3924 fax 602 445-9228 www.sunexchangeproperties.com

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Capitol Commerce Center

Wheeling (Chicago), Illinois

Aerial View

1400 East Southern Avenue, Suite 225B, Tempe, Arizona 85282 phone 480 775-3904 toll free 888 SUN-3924 fax 602 445-9228 www.sunexchangeproperties.com

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Capitol Commerce Center Wheeling (Chicago), Illinois

Site Plan

1400 East Southern Avenue, Suite 225B, Tempe, Arizona 85282 phone 480 775-3904 toll free 888 SUN-3924 fax 602 445-9228 www.sunexchangeproperties.com

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Capitol Commerce Center Wheeling (Chicago), Illinois

Area Overview GREATER CHICAGO

With a population of close to three million people, Chicago is the third largest city in the United States, the largest city in Illinois and the largest in the Midwest. Chicago has a total land area of approximately 224 square miles within its city limits. The Chicago Metropolitan Statistical Area (MSA) has a population of over 9.5 million people making it the third largest metropolitan area in the country after New York and Los Angeles. The Chicago MSA consists of seven counties in the state of Illinois: Cook, DuPage, Kane, Kendall, Lake, McHenry and Will counties. A slightly larger region encompassing 16 counties, the Chicago Combined Statistical Area (CSA), combines the metropolitan areas of Chicago, Michigan City in Indiana and Kankakee in Illinois. The CSA, representing the extent of the labor pool for the entire region, has a population of over 9.7 million people.

CHICAGO

■ Wheeling

• CHICAGO

Cook County

Located along the southwestern shore of Lake Michigan, Chicago is known as the nation’s “hub” because of its strategic central location and excellent transportation system which ranks among the largest and most efficient in the world. Important to global distribution, it is the third largest intermodal port in the world after Hong Kong and Singapore. It transports twice the volume of Los Angeles and five times that of New York. Its central location provides access to the east/west corridor and the markets of Europe and Asia and to the north/south trade of NAFTA. Chicago is served by Midway International Airport on the south side. O’Hare International Airport, one of the world’s busiest airports is located northwest of Chicago. The Gary/Chicago International Airport, located in Gary, Indiana, also serves the greater Chicago area. Seven major interstate highways cross through Chicago connecting the city to points throughout the U.S. It is approximately 800 miles to New York; 700 to Atlanta and Washington DC; 500 miles to Kansas City; and 800 to Houston. Long known for its rail service, Chicago is the largest passenger rail hub in the country. It is the only city in North America in which six railroads meet. Amtrak originates long distance service 1400 East Southern Avenue, Suite 225B, Tempe, Arizona 85282 phone 480 775-3904 toll free 888 SUN-3924 fax 602 445-9228 www.sunexchangeproperties.com

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Capitol Commerce Center Wheeling (Chicago), Illinois from Union Station providing connections to Washington DC, New York, New Orleans, Los Angeles, San Francisco and Seattle. Amtrak also provides short-haul service throughout Illinois. The Metra rail system, with 495 miles of commuter rail lines and 230 train stations, links the entire metropolitan Chicago area. COOK COUNTY Cook County was created in 1831 and was the 54th county established in Illinois. Today Cook County totals 1,635 square miles of which 946 are land and 689 are water with a population of 5,280,306 in 2006. The Chicago metropolitan area has traditionally included six counties. Cook and DuPage counties are considered to be the Core Counties. The four remaining counties (Lake, McHenry, Kane and Will) are considered to be Outer Collar Counties. Beyond the six-county metro area are the Fringe Counties of Boone, Kendall, Grundy, Monroe, and DeKalb. The Chicago metropolitan area is clearly expanding outward, however Cook and DuPage Counties remains the pulse of the economic activity for the region. TABLE 1: POPULATION CHANGES IN THE CHICAGO AREA, 2000 – 2006 2006

2005

2003

2000

2000-2006 Change

Percent Change

McHenry

312,373

303,990

288,559

260,077

51,296

19.72%

Lake

713,076

702,682

682,335

644,356

68,720

10.66%

Kane

493,735

482,113

458,379

404,119

89,616

22.18%

Will

668,217

642,813

585,609

502,266

165,951

33.04%

5,280,306

5,299,071

5,348,068

5,377,927

(97,621)

-1.82%

932,670

929,113

925,188

904,161

28,509

3.15%

County

Cook DuPage

Source: U.S. Census Bureau

During the nationwide recession of 1979-1982, Midwest manufacturing employment fell twice as fast as the national average when many of the largest employers were forced to close obsolete manufacturing plants or move elsewhere. Since that devastating time, Will County focused on its traditional strengths combined with aggressive economic development policies. The result has been one of the country’s most notable comebacks. Today, Cook County is a developed and stable community poised for a prosperous future. Its prime location is one of Cook County’s greatest business assets. Its location within the Chicago metro area allows employers access to a huge labor pool and a large industrial and retail market along with an excellent transportation network. Cook County offers easy access to interstate highways and airports, low labor costs, high-tech resources, and a pro-business, pro-growth attitude. The population of Cook County decreased from slightly from 2000 to 2006, but the Northeastern Illinois Planning Commission projected that by 2030, the population would be approximately 5,938,248. A 10.41% increase from the 2000 population of 5,377,927.

1400 East Southern Avenue, Suite 225B, Tempe, Arizona 85282 phone 480 775-3904 toll free 888 SUN-3924 fax 602 445-9228 www.sunexchangeproperties.com

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Capitol Commerce Center Wheeling (Chicago), Illinois VILLAGE OF WHEELING Located in the Northwest suburb of Chicago, the Village of Wheeling is situated approximately 30 miles Northwest of Chicago and 70 miles south of Milwaukee. Wheeling residents consist of a diverse group of people, with population trends continuing upward and an unemployment rate below the national average and Chicago’s average. First established in the 1830’s Wheeling began as an overnight stop for travelers from Chicago headed to Wisconsin. To service these travelers, a surge of inns, taverns and eateries was developed; this became the start of what is now known as Wheeling’s Restaurant Row. In 1960’s industrial commerce emerged in Wheeling, new manufacturing plants soon required the demand of a rail transportation system. With the manufacturing plants and rail system soon followed the residential neighborhood’s to service the employment. By 2006 the Village of Wheeling had grown to 5,439 acres and 38,555 people. According to Wheeling’s Comprehensive Plan, the population of Wheeling has more than doubled from 1970 to 2000.Census statistics have shown Wheeling to be a stable residential community over the past decade with 12.3% of Wheeling residents moved into their housing unit in 1979 or earlier, 16.4% moved in between 1980 and 1989 and 18.8% between 1990 and 1994. Additionally, the median household income has risen 28% from $38,848 in 1990 to $55,491 in 2000. Wheeling is ideally located in a Northwest suburb of Chicago with access to I-294 and Chicago’s commuter rail system. I-294 allows easy access to O’Hare International Airport (7 miles) and Chicago’s Interstate Loop (35 minutes). Additional access to the interstate system, Illinois 53, is just two miles west of Wheeling. North-South routes from Wheeling included U.S. 45 and Illinois 83 offering access to Chicago and Milwaukee. In addition to an ideal location and a friendly, small-town atmosphere, Wheeling’s residents enjoy a range of recreational activities. The Wheeling Park District maintains over 270 acres of community parks and playgrounds including year round aquatics at the indoor Arctic Splash and the outdoor Aquatic Center, the historic Chevy Chase Country Club, Traditions at Chevy Chase Golf Course, Chamber Park Church and Museum and the state-of-the-art Fitness Center. Today the Village of Wheeling continues to be known as a strong industrial center with over twelve million square feet of industrial space and a low vacancy rate. With over 470 commercial and retail establishments, the Village of Wheeling has approximately 850 business licenses. With a historically consistent lower unemployment rate than Chicago and the State of Illinois, Wheeling remains a good place to live, work and do business.

1400 East Southern Avenue, Suite 225B, Tempe, Arizona 85282 phone 480 775-3904 toll free 888 SUN-3924 fax 602 445-9228 www.sunexchangeproperties.com

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Capitol Commerce Center Wheeling (Chicago), Illinois Wheeling Area Highlights •

Ideal central location in the heart of the Midwest

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A growing and diverse labor force

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30 miles northwest of Chicago and 70 miles south Milwaukee

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35 minutes to Chicago’s Loop via I-294

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7 miles south to O’Hare International Airport via I-294

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Near Chicago Executive Airport (owned by Village of Wheeling & City of Prospect Heights)

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Access to Chicago’s Commuter Rail transportation via the Metra North Central Line

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Cooperative, pro-business government

TRANSPORTATION

Being second largest populated county in the nation, transportation is essential to visitors, residents and businesses of Cook County. As the Cook County has grown so has the transportation servicing the county. Today Cook County has six airports, nine interstate highways and a rail system servicing freight and passengers. AIR TRANSPORTATION

Two major airports serve the Chicago metro area. Located 17 miles northwest of the Loop, O’Hare International Airport serves over 76 million passengers per year. It is the second busiest airport in the U.S. and has a strong international presence with flights to over 60 foreign destinations. O’Hare was voted the best airport in North America for the past nine years by Business Travelers magazine (1998 to 2003) and Global Traveler magazine (2004 to 2006) Midway Airport, located 10 miles from downtown, is one of the fastest-growing airports in the country and serves over 17 million people each year. Midway can be reached from central Chicago in less than 30 minutes via car, bus or suburban shuttle. Adjacent to Capitol Commerce Center is the Chicago Executive Airport (formerly known as Palwaukee Municipal Airport), the third busiest airport in Illinois behind O’Hare International and Midway Airport. Located in Wheeling just 18 miles northwest of Chicago, in the Village of Wheeling, Chicago Executive Airport is owned by the Village of Wheeling in conjunction with City of Prospects Heights. Estimated by the Department of Transportation, in 1996, the Chicago Executive Airport generated over $142 million of economic impact to the area annually. Additionally Cook County has three smaller airports servicing the county- Lansing Municipal Airport, Lemont Industrial Park Airport and Mill Rose Farm RLA Airport. Cook County also has over 45 heliports throughout the county. With six airports and over 45 heliports air transportation in Cook County is increasingly important to both cargo and commercial aviation. 1400 East Southern Avenue, Suite 225B, Tempe, Arizona 85282 phone 480 775-3904 toll free 888 SUN-3924 fax 602 445-9228 www.sunexchangeproperties.com

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Capitol Commerce Center Wheeling (Chicago), Illinois The need for a third major airport to serve the growing Chicago metro area has long been known. The Federal Aviation Administration (FAA) has chosen Will County, located just south of Cook County, for the location of a new airport. The State of Illinois is presently acquiring land for the South Suburban Airport to be located in eastern Will County. The proposed airport is planned to accommodate both cargo and commercial aviation. Legislation to create a Will County Airport Authority and a Regional Development District around the airport are pending in the Illinois General Assembly. ROADWAYS

Nine interstate highways cross Cook County: I-55 (north-south roadway connecting New Orleans and Chicago), I-57 (a Midwestern highway connecting Missouri with Chicago), I-80 (traversing the country from New York to San Francisco), I-294 (part of the tri-state tollway), I-90 (northern most coast-to-coast interstate connecting Seattle, WA and Boston, MA), I- 290 (main freeway running west of the Chicago Loop), I-94 (connecting the Great Lakes and intermountain regions of the nation), I-88 (runs east and west through Illinois, intersecting with I-290 and I-294), and I-355 (connects I-80 and I-290). The highway system provides access to Chicago and every other major market in the country. Now under the jurisdiction of the state the Cook County Highway Department was responsible for the design and maintenance of over 578 miles of roadways in the county.

1400 East Southern Avenue, Suite 225B, Tempe, Arizona 85282 phone 480 775-3904 toll free 888 SUN-3924 fax 602 445-9228 www.sunexchangeproperties.com

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Capitol Commerce Center Wheeling (Chicago), Illinois Plans are in the works to develop the Illiana Expressway, a proposed interstate highway between northern portions of Illinois and Indiana. The Illiana Expressway will connect I-65 in Indiana with I-57 in Will County with the possibility of extending the expressway further west to I-55 to connect to the planned Prairie Parkway linking I-80 with I-88, thus creating a new “Outerbelt” of the Chicago region and setting the development patterns for the metro area for the next 100 years. RAIL TRANSPORTATION

North America’s largest railroad hub Illinois Central Railroad is located in Cook County and has over 13 freight lines and 11 truck lines handling approximately 36,000 outbound railway carloads per day. The Northeast Illinois Regional Commuter Railroad Corporation, known as Metra, is the regional railroad serving Chicago and its suburbs. With over 200 stations on 11 different rail lines across a six-county area (Cook, DuPage, Kane, Lake, McHenry and Will Counties), Metra provides over 80 million rides annually. Metra operates its commuter lines out of Chicago in Cook County with Wheeling residents being serviced by stations in Prospect Heights, Wheeling and Buffalo Grove. Metra is planning to create new rail services including its first entirely intra-suburban commuter line, the Suburban Transit Access Route (STAR) which would connect the suburban communities and O’Hare Airport. It would also offer commuter options throughout the Chicago area by enhancing Metra’s existing service. Cook County is also served by Amtrak. Amtrak runs direct trains from Glenview, Illinois (approximately 16 miles southwest of Wheeling) to St. Louis, Dallas, Fort Worth, Kansas City and New Orleans. Connections are available to nearly 500 other cities in the U.S. and Canada. COLLEGES, UNIVERSITIES AND SCHOOLS

The residents of Wheeling and Cook County are served by many fine schools. Established in 1886, National-Louis University is a private, non-denominational university, with enrollment totaling 14,166 in 2006. National-Louis University has three colleges offering over 60 different academic programs. William Rainey Harper is a comprehensive community College offering more than 100 degree and certificate programs. William Rainey Harper Community College is located on a 200 acre campus approximately 10 miles southwest of Wheeling. Founded in 1964 Triton College operates under the direction of the Illinois Community College Board with accreditation from the Higher Learning Commission. Triton College is a comprehensive public community college offering more than 130 degree and certificate programs. Oakton Community College, founded in 1969, is accredited by The Higher Learning Commission and the North Central Association. The College is recognized by the Illinois Community College Board and is a member of the American Association of Community Colleges. Oakton Community College serves 450,000 residents in the surrounding communities.

1400 East Southern Avenue, Suite 225B, Tempe, Arizona 85282 phone 480 775-3904 toll free 888 SUN-3924 fax 602 445-9228 www.sunexchangeproperties.com

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Capitol Commerce Center Wheeling (Chicago), Illinois Wheeling residents are served by two different school districts, six elementary schools, four middle schools and two high schools. The students of Wheeling attend Community Consolidated School District 21 or Prospect Heights School District 23. HOSPITALS AND HEALTH CARE

With an increase in key age groups in Cook County and Wheeling -- new babies and children under 18 (25.9%) and the 65+ age group (11.7%) – there is a need for health care providers to either expand existing facilities or open new ones. Stable residential market, combined with a strong employment base, indicates a need for more facilities and more health care professionals. Northwest Community Hospital, located only minutes from Capitol Commerce Center, opened its doors in 1959 and is the one of the largest in the Wheeling area. Northwest Community Hospital also includes the William J. and Marion H. Busse center for Specialty Medicine, the Day Surgery center, the Wellness Center, treatment centers in Buffalo Grove, Lake Zurich and Schaumburg, the Schaumburg Imaging Center, and the Youth Center for adolescents with substance abuse problems, with several medical office locations throughout the Northwest Suburbs of Chicago. The 488-bed hospital has more than 900 physicians and 3,700 employees. Located in Chicago’s northern suburbs, Evanston Northwestern Healthcare is an academic health system affiliated with Northwester University and the Feinberg School of Medicine. The Evanston Northwestern Healthcare system includes hospitals, home services, medical group locations, and research institutes throughout the northern suburbs of Chicago. Glenbrook Hospital located just one miles east of I-294 and just minutes east of the subject property is one of the three hospitals affiliated with the Evanston Northwestern Healthcare system. Opened in 1977, Glenbrook Hospital is a 143-bed hospital facility offering high-tech medical care in a community hospital setting. Located approximately seven and half miles south of Capitol Commerce Center, Advocate Lutheran General Hospital is a 617-bed teaching, research and referral hospital, a Level I trauma center, and one of the largest hospitals in the Chicago area. Advocate Lutheran General Hospital is also home to the Advocate Lutheran General Children’s Hospital, the only children’s hospital in the greater north and northwest suburban region of Chicago. Lutheran General has been recognized ten times as one of the 100 top hospitals and 15 top major teaching hospitals. The Lutheran General Hospital is part of Oak Brook-based Advocate Health care, which is the largest healthcare provider in Illinois and one of the nation’s top health care systems. ECONOMY

Chicago, and its surrounding suburbs, is one of the world’s largest and most highly diversified economies. According to 2007 estimates it has a Gross Regional Product of over $442 billion. From 2003 to 2005 Chicago’s economy grew by nearly $18 billion. Since 1985 the greater metropolitan area has experienced a 25% increase in jobs. Major corporations, financial services companies and an expanding health care industry provide employment in the area. Many of the nation's largest companies maintain offices there, as do several Fortune 500 companies including Boeing; Sears Holdings; Allstate; Walgreen Co.; Motorola; Bank One; Abbott Laboratories; Sara Lee; McDonald’s; and Exelon.

1400 East Southern Avenue, Suite 225B, Tempe, Arizona 85282 phone 480 775-3904 toll free 888 SUN-3924 fax 602 445-9228 www.sunexchangeproperties.com

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Capitol Commerce Center Wheeling (Chicago), Illinois A major financial center, Chicago is the headquarters of the Federal Reserve Bank of Chicago as well as four major financial and futures exchanges: the Chicago Stock Exchange; the Chicago Board of Trade (CBOT), the Chicago Board Options Exchange (CBOE), and the Chicago Mercantile Exchange. Many major banks, brokerage firms and insurance companies are located in Chicago. TABLE 2: COMPANIES HEADQUARTERED IN THE CHICAGO REGION Abbott Laboratories

Exelon

Sears Holdings Corporation

Allstate

Brunswick Corporation

ServiceMaster

Aon Corp.

CDW

Smurfit-Stone Container

Baxter International

Kraft Foods

Tribune Company

Illinois Tool Works

McDonald's

Walgreen Co.

Boeing

Motorola

Wm. Wrigley Jr. Company

Fortune Brands

Sara Lee

Jones Lang LaSalle

According to the U.S. Census Bureau Cook County had 130,454 private businesses operating in 2005, employing 2,320,005 people. Cook County contains over 800 local government units and 128 municipalities within its region. Major employers in Cook County are listed in the following table. TABLE 3: COOK COUNTY MAJOR EMPLOYERS Company

Primary Business

Number of Employees

Chicago Public Schools District #29

Public (K-12) schools

44,798

City of Chicago

City government

40,320

County of Cook

County government

27,100

U.S. Government

Federal government

24,280

U.S. Postal Service

Mail & parcel delivery

23,800

State of Illinois

State government

22,600

Jewel/Osco Stores

Retail grocer & pharmacies

22,900

Archdiocese of Chicago

Religious organization

18,000

United Airlines

Air passenger service

16,200

United Parcel Service

Parcel shipping service

15,600

Motorola Incorporated

Telecommunications

15,200

University of Chicago

Private university

14,200

Northwestern University

Private university

13,100

University of Illinois at Chicago

Public university

12,700

Chicago Transit Authority

Mass transit system

12,265

Source: Illinois Department of Commerce and Community Affairs

The Wheeling/Prospect Heights Area Chamber of Commerce and Industry is the local business advocacy organization in Wheeling. With a low vacancy rate, and a historically lower unemployment rate than Chicago and Illinois, Wheeling remains a strong place to do business. The number of employees in Northern Cook County has grown at a rate of almost 50% per decade since 1976, 1400 East Southern Avenue, Suite 225B, Tempe, Arizona 85282 phone 480 775-3904 toll free 888 SUN-3924 fax 602 445-9228 www.sunexchangeproperties.com

21

Capitol Commerce Center Wheeling (Chicago), Illinois creating access to a large, diverse labor force for Wheeling. The village has about 12 million square feet in industrial space and approximately 850 licensed businesses within its region. POPULATION

Most population growth in the Chicago region is taking place at its edges in the Outer Collar Counties as the demand for housing has led to the expansion of Chicago’s commuter suburbs westward to Aurora, Bolingbrook, Elgin, Joliet and Plainfield. From 1990 to 2013, it is estimated that Wheeling will have a 21% increase in population. TABLE 4: CHICAGO METRO AREA POPULATION GROWTH 1990 Wheeling

2000

2013 Projected

30,447

34,496

37,061

Cook County

5,105,067

5,376,741

5,378,813

Chicago Metro

7,261,176

8,091,720

10,034,835

Source: Cook County Center for Economic Development

WORKFORCE AND EMPLOYMENT

More than 226,000 businesses employ a workforce of over 3.9 million people in the Chicago area. Chicago’s workforce is one of the largest, most diverse and well-trained of any area in the country. Manufacturing provides almost 382,400 jobs; approximately two-thirds of which are precision production workers. There are over 83,500 information technology workers in the region including a large concentration of computer programmers and software engineers. Employment in the professional and business services sector increased throughout the 1990’s and now comprises over 17% of the workforce and is forecast to grow by 2% annually through 2010. This sector includes such diverse areas as advertising, sales, legal, accounting, management and public relations. Trade, Transportation & Utilities employs 801,400 employees or 20.4% of the workforce. Government, at 473,900 workers, accounts for 12.1% of employment. The Education and Health Services sector accounts for 510,600 people and 13.0% of the workforce. Tourism employs 340,100 people or 8.7% of the workforce.

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22

Capitol Commerce Center Wheeling (Chicago), Illinois CHART 1: CHICAGO METRO AREA EMPLOYMENT BY INDUSTRY - DECEMBER 2007

4.5%

12.1%

9.7%

Key

4.4%

Construction & Mining Manufacturing

8.7%

Trade, Transportation & Utilities

20.4%

Information Financial Activities Professional & Business Services Education & Health Services

13.0%

Leisure & Hospitality

2.1%

Other Services

7.7%

Government

17.3%

Source: U. S. Bureau of Labor Statistics

The area boasts a highly educated workforce. In Wheeling over 35% of those over age 25 have earned a Bachelor’s degree or higher compared to 31.1% in Cook County and 23.9% in the metro Chicago area. TABLE 5: EDUCATIONAL ATTAINMENT OF PERSONS AGE 25 AND OVER High School Graduate or Higher

Bachelor’s Degree or Higher

Wheeling

50.2%

35.4%

Cook County

50.6%

31.1%

Chicago MSA

79.2%

23.9%

Source: U.S. Census Bureau

EMPLOYMENT AND UNEMPLOYMENT

In the Chicago metro area over 3.9 million people were employed at year-end 2007 out of an available workforce of nearly 4.2 million, which equates to a 95.1% rate of employment. Approximately 204,000 people were unemployed during the same time period representing a low unemployment rate of 4.9%. TABLE 6: UNEMPLOYMENT RATE 2000

2008

2013

Wheeling

2.7%

3.6%

3.4%

Cook County

7.5%

8.5%

7.9%

Chicago MSA

6.3%

7.4%

6.8%

United States

5.8%

6.9%

5.4%

Source: U.S. Bureau of Labor Statistics

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23

Capitol Commerce Center Wheeling (Chicago), Illinois INCOME

Per capita personal income is a widely used indicator for measuring the economic performance of a local economy. Used to assess the economic well-being of an area’s residents as well as the quality of consumer markets, it also enables comparison of the relative economic prosperity between regions. Per Capita Personal Income is the total personal income of an area divided by its resident population as of July 1 in a given year. TABLE 7: PER CAPITA PERSONAL INCOME 1990

2000

2008

2013

Cook County

15,697

23,227

29,869

34,030

Chicago MSA

16,345

24,614

31,743

37,570

United States

14,420

21,587

28,151

33,519

Source: Site to do Business

COST OF LIVING

The cost of living in Cook County continues to be attractive for housing the country’s third largest city. The composite index for Cook County’s cost of living is above the national average but attractive considering the location and employment base the county offers. TABLE 8: COST OF LIVING Composite Index

Cook County

U. S. Average

110

100

Housing

115

100

Grocery Items

112

100

Utilities

107

100

Transportation

107

100

Health Care

102

100

Miscellaneous Goods

106

100

Source: C2ER (formerly ACCRA), 4th Quarter 2007

HOUSING

With a population of over 5 million the need for residential housing in Cook County remains strong. In 2007 Cook County issued 3,088 single-family building permits with an annual construction value of $861 million. The total number of building permits issued by Cook County in 2007 was 3,935 with a construction value of over two billion dollars. Despite Cook County’s development over the past years, the county continues to expand and re-develop its housing to keep up with the demands of its residents. The Illinois Association of Realtors (IAR) reported at the end of the first quarter 2008 the median single-family home sale in Cook County was $237,750, down 10.3% from the median single family home sale in first quarter of 2007. Single-family home sales totaled 3,522 in the first quarter of 2008 for Cook County. According to the IAR, despite the drop in the Cook County median home price, median home sales prices rose or remained even in most Illinois counties. IAR president Kay Wirth said, “The strength of the Midwest market is evident during this transition year for housing as we see prices in Illinois hovering about even and in many areas appreciating well.” 1400 East Southern Avenue, Suite 225B, Tempe, Arizona 85282 phone 480 775-3904 toll free 888 SUN-3924 fax 602 445-9228 www.sunexchangeproperties.com

24

Capitol Commerce Center Wheeling (Chicago), Illinois In comparison, the IAR reported statewide home sales in Illinois totaled 139,803 for 2007, down 16.8% from the 168,038 homes sold in 2006. The statewide median home sales price was down 1.1% from $203,500 in 2006 to $201,250 in 2007. QUALITY OF LIFE

Many factors influence the quality of life in an area. Business opportunity is one and Cook County and the Village of Wheeling have a strong foundation for business activity. Comfortable and affordable housing, low crime rates and good public schools are important to the quality of life. A high standard of living, ease of commuting, access to commercial air travel, continuing education opportunities and adult education levels all contribute to a high quality of life. The County and the Village have much to offer. Educational, cultural and recreational opportunities are many and varied. The County’s rich 178 year history instills pride and a sense of belonging in its residents. One of the most culturally diverse areas in the Chicago region, both the County and the Village of Wheeling are looking towards the future while remaining value centered and family oriented. While close to Chicago and big city amenities, the County and the Village retain smalltown friendliness and charm.

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25

Capitol Commerce Center Wheeling (Chicago), Illinois

Office Market CHICAGO OFFICE MARKET

The greater Chicago office region is comprised of 10,045 office buildings totaling more than 405 million square feet in 11 submarkets, according to CoStar. At the end of the first quarter 2008 over 6.9 million square feet of office space was under construction and will be added inventory in 2008. The following definitions from CoStar clarify the difference between regions, markets and submarkets. A region is equivalent to a metropolitan area (Chicago metropolitan area) that has a high degree of social and economic integration. Regions are divided into markets (North Office) which are core areas within a metropolitan area. Markets can be divided into submarkets (Central North), which in turn can be segmented into micromarkets (Wheeling). Markets, submarkets and micromarkets consist of a group of similar-type buildings located within specific non-overlapping geographic boundaries that are known to be competitive with each other in terms of attracting and keeping tenants. The table below illustrates the size and geographic spread of the overall Chicago office region. TABLE 9: GREATER CHICAGO OFFICE MARKET Market

Submarkets

East/West Corridor Office

Eastern East/West Corridor Western East/West Corridor

Indiana Office

Number of Buildings

Market Size (Sq. Ft.)

1,948

64,439,965

Indiana Porter County

730

9,068,263

Kenosha County

Kenosha East Kenosha West

71

925,799

Metro Chicago (CBD)

Central Loop East Loop North Michigan Avenue River North River West South Loop West Loop

796

157,153,006

Near West Office

Cicero/Berwyn Area Melrose Park Area Oak Park Area

295

4,559,049

North Chicago Office

Gold Coast/Old Town Lincoln Park Northwest City

961

17,830,146

North Office

Central North Far North Near North

654 191 402 1,247

30,568,576 4,232,655 13,339,949 48,141,180

Northwest Office

Central Northwest Far Northwest North DuPage Schaumburg Area

2,055

57,879,474

O’Hare Office

O’Hare

371

18,011,142

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26

Capitol Commerce Center Wheeling (Chicago), Illinois

Market

Submarkets

South Chicago Office

South Chicago

South Suburban Office

Far South Joliet/Central Will Near South Cook South Route 45

Total Source: CoStar Mid-Year 2008

Number of Buildings

Market Size (Sq. Ft.)

413

10,425,996

1,158

17,435,977

10,045

405,869,997

Capitol Commerce Center is located in the Central North submarket of the North Office Market. The North Office market consists of 1,247 office buildings in the northwest portion of Cook County 35 minutes north of the Chicago Loop. The Central North Submarket contains approximately 654 office buildings totaling more than 30 million square feet. At the end of first quarter 2008 the overall vacancy level was 11.2% (3,419,180 square feet), the average rental rate for available space was $21.58. Nearly half of the North Central Office Market consists of Class B properties with a total inventory of 13.6 million square feet. The class B vacancy rate was 8.6% at the end of the first quarter 2008, with an average rental rate for available space at $19.74 per square foot. While the average rental rate has remained steady for the past year, the present rate of $19.74 at the end of first quarter 2008 represents an increase from the same period on year ago when it was $18.75. WHEELING MICRO MARKET

The Wheeling Office Micro Market contains 49 buildings in total, with 31 class B office buildings totaling approximately 590,000 square feet of office space. Of the 31 office buildings 27 of them are fully occupied at the end of the first quarter for 2008 with a current vacancy level of 11.1%. In 2007 Wheeling Office Micro Market had a net absorption of 20,305 square feet and a vacancy level of 10.8% at the end of the first quarter 2008. WHEELING OFFICE MARKET HIGHLIGHTS

•

49 office buildings totaling 824,380 square feet

•

43 of the 49 buildings are fully leased to long-term, stable tenants

•

High occupancy levels

•

Stable, developed market

•

Well-educated and productive workforce

•

Pro-growth, business-friendly climate

•

Low tax rate

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27

Capitol Commerce Center Wheeling (Chicago), Illinois COMPETITIVE PROPERTIES

Within the Wheeling office market there are several office buildings that compete with Capitol Commerce Center. Six of the eleven directly competitive properties are fully leased. Of the five properties that have available space, one is a condominium offering the space only for sale. The remaining four buildings have space available from 4,398 to 16,710 square feet. Currently, the 11 directly competitive properties in the micro market (including Capitol Commerce Center) present an overall vacancy rate of just 6.34%. The average asking rents range from $9.50 to $18.97 per square foot with the expense recovery methods ranging from triple net to modified gross to gross leases. The directly competitive properties included all class B office and flex space between 30,000 to 90,000 square feet of rentable area within close proximity of Capitol Commerce Center. 177 – 179 South Wheeling Road is located approximately two and half miles North West of Capitol Commerce Center. This recently constructed condominium building just added 3,300 square feet to the market for sale only. The remaining spaces in 177 – 179 South Wheeling Road are fully occupied with several of the spaces being owner occupied. Currently there are no new buildings under construction to be added to the inventory in the immediate market of Capitol Commerce Center. With the established and stable market in Wheeling, it is unlikely that new inventory will be added to the market which would directly compete with the subject property. TABLE 10: DIRECT OFFICE BUILDING COMPETITIVE SET

Class

Rentable Area

Direct Sq. Ft. Available

Direct % Available

Average Asking Rent

Capitol Commerce Center 5110 – 6360 Capitol Drive

B

60,848

0

0

$15.00/nnn

350 East Dundee Road

B

67,718

0

0

n/a

1400 East Lake Cook Road

B

39,133

4,398

11.2%

$18.97/mg

1100 – 1140 Larkin Drive

B

41,110

9,789

23.8%

$9.50/mg

1064 South Milwaukee Avenue

B

64,557

0

0

n/a

65 East Palatine Road

B

85,000

6,247

7.3%

negotiable

177 – 179 South Wheeling Road

B

50,000

3,300

6.6%

n/a

1300 – 1306 South Wolf Road

B

35,000

0

0

n/a

1400-A South Wolf Road Bldg 500

B

43,169

0

0

n/a

1400–B South Wolf Road Bldg 200

B

58,759

0

0

n/a

Building

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28

Capitol Commerce Center Wheeling (Chicago), Illinois

Class

Rentable Area

Direct Sq. Ft. Available

Direct % Available

Average Asking Rent

1400-C South Wolf Road Bldg 100

B

58,579

16,710

28.5%

16.50/mg

1666 – 1684 South Wolf Road

B

34,190

0

0

n/a

638,063

40,444

6.34%

Building

Total Source: CoStar

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29

Capitol Commerce Center Wheeling (Chicago), Illinois

Demographic Site Map Radius: 1, 3 and 5 miles

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30

Capitol Commerce Center Wheeling (Chicago), Illinois

Demographic Information 5110 Capitol Dr Wheeling, IL 60090 Radius: 1.0 mile

5110 Capitol Dr Wheeling, IL 60090 Radius: 3.0 mile

5110 Capitol Dr Wheeling, IL 60090 Radius: 5.0 mile

9,116 51.2% 48.8% 32.4

95,559 49.0% 51.0% 40.2

286,464 48.5% 51.5% 40.4

$62,226 $31,091 $82,704

$75,075 $38,444 $101,802

$78,931 $41,422 $108,191

2007 Households Total Households Average Household Size 1990-2000 Annual Rate

3,378 2.70 0.71%

35,769 2.65 0.78%

109,329 2.59 0.78%

2007 Housing Owner Occupied Housing Units Renter Occupied Housing Units Vacant Housing Units

54.5% 38.9% 6.6%

76.2% 19.9% 3.9%

77.2% 18.8% 4.1%

Population 1990 Population 2000 Population 2007 Population 2012 Population 1990-2000 Annual Rate 2000-2007 Annual Rate 2007-2012 Annual Rate

7,561 9,086 9,116 9,088 1.85% 0.05% -0.06%

88,535 96,367 95,559 95,106 0.85% -0.12% -0.09%

265,761 284,775 286,464 286,172 0.69% 0.08% -0.02%

Site Type: Radius 2007 Population Total Population Male Population Female Population Median Age 2007 Income Median HH Income Per Capita Income Average HH Income

In the identified market area, the current year population is 286,464. In 2000, the Census count in the market area was 284,775. The rate of change since 2000 was 0.08 percent annually. The five-year projection for the population in the market area is 286,172, representing a change of -0.02 percent annually from 2007 to 2012. Currently, the population is 48.5 percent male and 51.5 percent female. Households 1990 Households 3,195 33,412 100,575 2000 Households 3,428 36,108 108,743 2007 Households 3,378 35,769 109,329 2012 Households 3,348 35,551 109,170 1990-2000 Annual Rate 0.71% 0.78% 0.78% 2000-2007 Annual Rate -0.2% -0.13% 0.07% 2007-2012 Annual Rate -0.18% -0.12% -0.03% The household count in this market area has changed from 108,743 in 2000 to 109,329 in the current year, a change of 0.07 percent annually. The five-year projection of households is 109,170, a change of -0.03 percent annually from the current year total. Average household size is currently 2.59, compared to 2.59 in the year 2000. The number of families in the current year is 75,519 in the market area. Housing Currently, 77.2 percent of the 113,945 housing units in the market area are owner occupied; 18.8 percent, renter occupied; and 4.1 percent are vacant. In 2000, there were 111,522 housing units— 77.1 percent owner occupied, 20.5 percent renter occupied and 2.5 percent vacant. The rate of change in housing units since 2000 is 0.3 percent. Median home value in the market area is $344,346, compared to a median home value of $192,285 for the U.S. In five years, median home value is projected to change by 3.69 percent annually to $412,703. From 2000 to the current year, median home value changed by 6.79 percent annually.

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31

Capitol Commerce Center Wheeling (Chicago), Illinois

Demographic Information

5110 Capitol Dr Wheeling, IL 60090 Radius: 1.0 mile

5110 Capitol Dr Wheeling, IL 60090 Radius: 3.0 mile

Site Type: Radius Median Household Income 1990 Median HH Income 2000 Median HH Income 2007 Median HH Income 2012 Median HH Income 1990-2000 Annual Rate 2000-2007 Annual Rate 2007-2012 Annual Rate

5110 Capitol Dr Wheeling, IL 60090 Radius: 5.0 mile

$37,083 $50,547 $62,226 $71,740 3.15% 2.91% 2.89%

$48,252 $62,109 $75,075 $86,025 2.56% 2.65% 2.76%

$49,860 $65,166 $78,931 $92,060 2.71% 2.68% 3.13%

Per Capita Income 1990 Per Capita Income 2000 Per Capita Income 2007 Per Capita Income 2012 Per Capita Income 1990-2000 Annual Rate 2000-2007 Annual Rate 2007-2012 Annual Rate

$19,008 $25,120 $31,091 $36,687 2.83% 2.99% 3.37%

$23,879 $31,344 $38,444 $44,749 2.76% 2.86% 3.08%

$23,842 $33,281 $41,422 $49,235 3.39% 3.06% 3.52%

Average Household Income 1990 Average Household Income 2000 Average Household Income 2007 Average HH Income 2012 Average HH Income 1990-2000 Annual Rate 2000-2007 Annual Rate 2007-2012 Annual Rate

$44,556 $65,425 $82,704 $97,990 3.92% 3.29% 3.45%

$62,773 $82,647 $101,802 $118,637 2.79% 2.92% 3.11%

$62,874 $86,475 $108,191 $128,763 3.24% 3.14% 3.54%

Households by Income Current median household income is $78,931 in the market area, compared to $53,154 for all U.S. households. Median household income is projected to be $92,060 in five years. In 2000, median household income was $65,166, compared to $49,860 in 1990. Current average household income is $108,191 in this market area, compared to $73,126 for all U.S. households. Average household income is projected to be $128,763 in five years. In 2000, average household income was $86,475, compared to $62,874 in 1990. Current per capita income is $41,422 in the market area, compared to the U.S. per capita income of $27,916. The per capita income is projected to be $49,235 in five years. In 2000, the per capita income was $33,281, compared to $23,842 in 1990.

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32

Capitol Commerce Center Wheeling (Chicago), Illinois

Demographic Information

5110 Capitol Dr Wheeling, IL 60090 Radius: 1.0 mile

5110 Capitol Dr Wheeling, IL 60090 Radius: 3.0 mile

5110 Capitol Dr Wheeling, IL 60090 Radius: 5.0 mile

Population by Employment Total Businesses Total Employees

585 11,697

4,264 53,301

16,000 258,867

Currently, 96.8 percent of the civilian labor force in the identified market area is employed and 3.2 percent are unemployed. In comparison, 93.4 percent of the U.S. civilian labor force is employed, and 6.6 percent are unemployed. In five years the rate of employment in the market area will be 97.1 percent of the civilian labor force, and unemployment will be 2.9 percent. The percentage of the U.S. civilian labor force that will be employed in five years is 93.9 percent, and 6.1 percent will be unemployed. In 2000, 68.2 percent of the population aged 16 years or older in the market area participated in the labor force, and 0.2 percent were in the Armed Forces. In the current year, the occupational distribution of the employed population is: • 75.0 percent in white collar jobs (compared to 60.2 percent of U.S. employment) • 10.5 percent in service jobs (compared to 16.5 percent of U.S. employment) • 14.5 percent in blue collar jobs (compared to 23.3 percent of U.S. employment) In 2000, 79.3 percent of the market area population drove alone to work, and 3.5 percent worked at home. The average travel time to work in 2000 was 28.4 minutes in the market area, compared to the U.S. average of 25.5 minutes. Population by Education In 2000, the educational attainment of the population aged 25 years or older in the market area was distributed as follows: • 10.3 percent had not earned a high school diploma (19.6 percent in the U.S.) • 19.9 percent were high school graduates only (28.6 percent in the U.S.) • 5.5 percent had completed an Associate degree (6.3 percent in the U.S.) • 27.6 percent had a Bachelor’s degree (15.5 percent in the U.S.) • 16.3 percent had earned a Master’s/Professional/Doctorate Degree (8.9 percent in the U.S.)

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33

Capitol Commerce Center Wheeling (Chicago), Illinois

Distinct Property Advantage Should you buy an entire building or an individually-titled (Tenant in Common “TIC”) portion thereof, you can rest assured that a top quality management organization is in place to service the tenants in the building and you, the owner, at an exceptional level of service - with constant focus on both asset protection as well as pay out to the ownership. A simple management contract that does not put a cap on your income or limit when you sell, and for how much, is a time-honored tradition and has many advantages over other methods out there. The property manager is responsible for property performance; they take care of the day to day duties of rent collection, leasing, repairs, debt service, maintenance, taxes, grounds keeping plus, they are bonded and insured for your peace of mind. Should this property be owned by a Tenant in Common group (TIC Group), until the time the entire property is re-sold or the TIC Group decides to exercise their power to terminate the management company (which can be done at any time). The distributable income will be sent directly from the management company, per the Management Agreement. The first Tenant in Common distribution shall be on or about the 20th of the month after the first full calendar month of ownership. You and your advisors should carefully review all available material as well as other due diligence material relating to the property, the Management Agreement, the Tenant in Common agreement and the Purchase and Sale agreement prior to committing to a purchase of this property. Submitting a contract does not guarantee acceptance. In the event of any discrepancy between this or other summaries provided herein and the full documentation or information being summarized, the full documentation and final contract(s) will control.

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34

Capitol Commerce Center Wheeling (Chicago), Illinois

TIC Distribution Schedule TIC distributions are paid in arrears. Section 6.12 of Revenue Procedure 2002-22 requires a manager to distribute to the co-owners their shares of net revenues within 3 months from the date of the receipt of those revenues. Management monthly distributions are well in line with this Revenue Procedure. The Management Agreement requires that monthly distributions are made by the 20th of each month. Outlined below are examples of various TIC participations and when they can expect to receive distributions. EXAMPLE TIC A:

Purchases on January 5th. First payment received by March 20th. Payment would be for 27 days (equivalent to January pro rata distribution). April 20th the TIC distribution would equal 29 days for the full February distributions. EXAMPLE TIC B:

Purchases on January 15th. First payment received by March 20th. Payment would be for 17 days (equivalent to January pro rata distribution). April 20th the TIC distribution would equal 29 days for the full February distributions. EXAMPLE TIC C:

Purchases on January 25th. First payment received by March 20th. Payment would be for 7 days (equivalent to January pro rata distribution). April 20th the TIC distribution would equal 29 days for the full February distributions. EXAMPLE TIC D:

Purchases on February 2nd. First payment received by April 20th. Payment would be for 27 days (equivalent to February pro rata distribution). May 20th the TIC distribution would equal 31 days for the full March distributions. EXAMPLE TIC E:

Purchases on March 10th. First payment received by May 20th. Payment would be for 22 days (equivalent to March pro rata distribution). June 20th the TIC distribution would equal 30 days for the full April distributions Note: See Table 11 on the next page for a sample distribution schedule

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35

Capitol Commerce Center Wheeling (Chicago), Illinois

TABLE 11: SAMPLE DISTRIBUTION SCHEDULE Purchase Date

January

5-Jan

TIC A

15-Jan

25-Jan

2-Feb

10-Mar

February

TIC B

TIC C

March 20th

April 20th

May 20th

June 20th

Paid 1/5 – 1/31 (27 days)

Paid 2/1 – 2/29 (29 days)

Paid 3/1 – 3/31 (31 days)

Paid 4/1 – 4/30 (30 days)

(January distribution)

(February Distribution)

(March Distribution)

(April Distribution)

Paid 1/15 – 1/31 (17 days)

Paid 2/1 – 2/29 (29 days)

Paid 3/1 – 3/31 (31 days)

Paid 4/1 – 4/30 (30 days)

January Distribution)

(February Distribution)

(March Distribution)

(April Distribution)

Paid 1/25 – 1/31 (7days)

Paid 2/1 – 2/29 (29 days)

Paid 3/1 – 3/31 (31 days)

Paid 4/1 – 4/30 (30 days)

(January Distribution)

(February Distribution)

(March Distribution)

(April Distribution)

Paid 2/2 – 2/29 (27 days)

Paid 3/1 – 3/31 (31 days)

Paid 4/1 – 4/30 (30 days)

(February Distribution)

(March Distribution)

(April Distribution)

Paid 3/10 – 3/31 (22 days)

Paid 4/1 – 4/30 (30 days)

(March Distribution)

(April Distribution)

TIC D

TIC E

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36