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Investment Property Offering


$10,900,000                       CROSSROADS OF JANESVILLE
                                         3023 Milton Avenue, Janesville, WI 53545




  Presented By:   Thomas Vincent,                                  Offering Highlights
                  CCIM                                                  Prime Retail Strip 95% Leased/High
                  1803 Hicks Rd., Suite D
                  Rolling Meadows, IL 60008                             traffic counts
                  (847)963-1031
                  vincentt@svn.com                                      7 to 10 year lease terms, 6 to 9 years
                                                                        remaining
                  Jeff Jansen, CCIM
                  6680 Odana Rd, Suite 201                              11,200 s.f. expansion approved / Outlot
                  Madison, WI 53719                                     available
                  (608)821-1401
                  jeff.jansen@svn.com
                                                                        Interest only financing- 10% cash on
                                                                        cash return




                                 01/13/2011

                             All Sperry Van Ness® Offices Independently Owned and Operated.
All materials and information received or derived from Sperry Van Ness/Sentinel Realty
Advisors, Inc. (Thomas S. Vincent)(hereinafter collectively “Sperry Van Ness”), its directors,
officers, agents, advisors, affiliates and/or any third party sources are provided without
representation or warranty by Sperry Van Ness its directors, officers, agents, advisors, or
affiliates as to completeness , veracity, or accuracy, condition of the property, compliance or
lack of compliance with applicable governmental requirements, developability or suitability,
financial performance of the property, projected financial performance of the property for any
party’s intended use or any and all other matters.

Neither Sperry Van Ness its directors, officers, agents, advisors, or affiliates makes any
representation or warranty, express or implied, as to accuracy or completeness of the any
materials or information provided, derived, or received.

Materials and information from any source, whether written or verbal, that may be furnished for
review are not a substitute for a party’s active conduct of its own due diligence to determine
these and other matters of significance to such party. Sperry Van Ness will not investigate or
verify any such matters or conduct due diligence for a party unless otherwise agreed in writing.
EACH PARTY SHALL CONDUCT ITS OWN INDEPENDENT INVESTIGATION AND DUE
DILIGENCE.

Any party contemplating or under contract or in escrow for a transaction is urged to verify all
information and to conduct their own inspections and investigations including through
appropriate third party independent professionals selected by such party.

All financial data should be verified by the party including by obtaining and reading applicable
documents and reports and consulting appropriate independent professionals. Sperry Van Ness
makes no warranties and/or representations regarding the veracity, completeness, or relevance
of any financial data or assumptions. Sperry Van Ness does not serve as a financial advisor to
any party regarding any proposed transaction. All data and assumptions regarding financial
performance, including that used for financial modeling purposes, may differ from actual data or
performance.

 Any estimates of market rents and/or projected rents that may be provided to a party do not
necessarily mean that rents can be established at or increased to that level. Parties must
evaluate any applicable contractual and governmental limitations as well as market conditions,
vacancy factors and other issues in order to determine rents from or for the property.

Legal questions should be discussed by the party with an attorney. Tax questions should be
discussed by the party with a certified public accountant or tax attorney. Title questions should
be discussed by the party with a title officer or attorney. Questions regarding the condition of
the property and whether the property complies with applicable governmental requirements
should be discussed by the party with appropriate engineers, architects, contractors, other
consultants and governmental agencies.

All properties and services are marketed by Sperry Van Ness in compliance with all applicable
fair housing and equal opportunity laws.

Sperry Van Ness/Sentinel Realty Advisors, Inc. (Thomas S. Vincent) is independently owned
and operated.
Table of Contents
         1                                        Financial Analysis
                                                       Executive Summary
                                                       Investment Information
                                                       Financial Summary
                                                       Rent Roll Summary


         2                                        Additional Information

         3                                        Advisor Profile
                                                       Sales Comparables Map
                                                       Location Map




The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.
1 . Financial Analysis




All Sperry Van Ness® Offices Independently Owned and Operated.
CROSSROADS OF JANESVILLE                                                 Executive Summary
                                                                           List Price     $10,900,000
                                                                     Price Per GLA        $99.67
                                                                   Price Per Sq.Ft.       $99.67
                                                                                 NOI      $758,218
                                                                                 CAP      6.96 %
                                                                    Building Sq.Ft.       109,359
                                                                         Land Acres       11.20
                                                                         Occupancy.       95 %

                                                       PROPERTY DESCRIPTION
3023 Milton Avenue, Janesville, WI 53545               Construction
                                                       Block and Steel
                                                       Renovation
HIGHLIGHTS                                             Former Walmart- redeveloped and renovated in 2008.

   Prime Retail Strip 95% Leased/High traffic counts   Ingress/Egress
                                                       Prime Visible corner located at the Southwest Corner of HWYs
   7 to 10 year lease terms, 6 to 9 years remaining    26 and 14. Easy access to Interstate 94/39
   11,200 s.f. expansion approved / Outlot available   Area
                                                       Prime site located at the Southwest Corner of HWYs 26 and 14.
   Interest only financing- 10% cash on cash return    Easy access to Interstate 94/39. 20,000 - 30,000 cars per day; I
                                                       94/39 in excess of 60,000. Nearby retailers include: Home
                                                       Depot, Best Buy, Target, T.J. Maxx, Michaels, Staples, K-Mart,
                                                       Menards, Old Navy, Gander Mountain, Wal-Mart/Sam's Club
             Cross Street      HWY 14
                                                       Property
           Tax Parcel No.      0218300107              Prime 109,359 sf retail center available for sale! 95% leased to
                   Market      Janesville              Hobby Lobby, Slumberland, Anytime Fitness and Dollar Tree
                                                       with 6 to 9 yrs remaining on all leases. 11,200 s.f. expansion
              Sub Market       Rock County             end cap approved. Outlot available separately. Former Walmart.
                Year Built     1988                    More info: http://sale.svn.com/crossroadsjns
            Building Class     A
           Location Class      A
             Zoning Type       B4-Business Highway
       Signalized Corner       Yes
         Street Frontage
         No. of Buildings      1
            No. of Stories     1
                                                       Exclusively Listed By:
          No. of Tenants       4
   No. of Parking Spaces                               Thomas Vincent, CCIM Jeff Jansen, CCIM
            Parking Ratio                              (847)963-1031                     (608)821-1401
                                                       vincentt@svn.com                  jeff.jansen@svn.com



                                      01/18/2011
Investment Information
CROSSROADS OF JANESVILLE                                     3023 Milton Avenue Janesville, WI 53545
Listing Price                               $10,900,000                                   GLA                                                     109,359
Actual CAP                                       6.96 %                                   Building S.F.                                           109,359
CAP                                                                                       Percent Occupied                                        95.40 %
Price Per S.F.                                       $99.67                               Land Acres                                                11.20
Price Per GLA                                        $99.67                               Loan Amount                                         $8,200,000
Expenses Per S.F.                                     $3.14                               Down Payment                                        $2,700,000
Loan Description            First Mortgage: non-recourse, interest only 4 years, 30 year amortization 3 years, rate
                            adjusted in year 5. Mezzanine: Interest only 7 years to match term of first mortgage.




Estimated Annualized Operating Data                            Actual
Scheduled Income                                          $917,033
Recapture / CAM                                            $75,812
Percentage Rent                                            $35,000
R E Tax Reimburse (72%)                                   $135,750
Insurance Reimburse (72%)                                  $15,872
Mgmnt Fee $ Tree-Anytime                                    $3,733
Less Vacancy                                              $81,734
Gross Operating Income                                 $1,101,466
Less Expenses                                           $343,248
Net Operating Income                                    $758,218
Less Loan Payment                                       $492,000
Pre-Tax Cash Flow                                       $266,218
Cash on Cash Return                                        9.86 %



Estimated Annualized Expenses                                                                Highlights
                                               Actual
Projected Taxes                           $188,542                                               Prime Retail Strip 95% Leased/High
Insurance                                  $21,800                                               traffic counts
Off-Site Management                        $17,007                                               7 to 10 year lease terms, 6 to 9 years
                                                                                                 remaining
CAM                                       $104,965
                                                                                                 11,200 s.f. expansion approved / Outlot
Reserves                                   $10,934                                               available
Total Expenses                            $343,248                             $0                Interest only financing- 10% cash on
Expenses Per S.F.                               $3.14                                            cash return




       The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.
Financial Summary
Estimated Annualized Operating Data                                Actual
Scheduled Income                                              $917,033
Recapture / CAM                                                $75,812
Percentage Rent                                                $35,000
R E Tax Reimburse (72%)                                       $135,750
Insurance Reimburse (72%)                                      $15,872
Mgmnt Fee $ Tree-Anytime                                        $3,733
Less Vacancy                                                   $81,734
Gross Operating Income                                      $1,101,466
Less Expenses                                                $343,248
Net Operating Income                                         $758,218
Less Loan Payment                                            $492,000
Pre-Tax Cash Flow                                            $266,218
Cash on Cash Return                                             9.86 %


Estimated Expense Summary                                          Actual
Total Estimated Expense                                       $343,248


Proposed Financial Summary                             First Mortgage            Mezzanine Loan
Loan Amount                                                 $7,200,000                   $1,000,000
Interest Rate                                                   6.00%                        6.00%
Annual Payment                                               $432,000                       $60,000
Annual Principal Reduction
Loan Type                                                Interest Only                 Interest Only
Terms and Description             First Mortgage: non-recourse, interest only 4 years, 30 year amortization 3 years,
                                  rate adjusted in year 5. Mezzanine: Interest only 7 years to match term of first
                                  mortgage.




       The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.
w w w .s vn .c o m

Rent Roll Summary
 Tenant Name                  Occupied     Vacant        Annual     Occupied         Vacant       % of Escalations / Options / Comments
                                  S.F.       S.F.      Rent S.F.        Rent           Rent       Total
 Hobby Lobby -10 years           58,200                   $7.25     $421,950              $0    53.3 % Years 6-10 increase from $7.25 PSF to
                                                                                                       $7.50 PSF.
                                                                                                       Two of 5 years each. $7.75 PSF in first
                                                                                                       option period and $8.25 PSF in last option
                                                                                                       period.
                                                                                                       Net Lease. Tenant does all CAM and is
                                                                                                       reimbursed by Landlord.
 Slumberland - 10 years          30,341                   $7.91     $240,000              $0    27.8 % 15% increase in years 6-10.
                                                                                                       Two of 5 years each, 10% increase for
                                                                                                       each 5 year option period.
                                                                                                       Gross lease, no reimbursements. Tenant
                                                                                                       is paying percentage rent estimated at
                                                                                                       $35,000 annually.
 Dollar Tree - 10 years          11,680                  $11.50     $134,320              $0    10.7 % $.50 PSF increase in years 6-10.
                                                                                                       Two of 5 years each, $.50 PSF rent
                                                                                                       increase in each option period.
                                                                                                       Net lease.
 Anytime Fitness - 7              4,005                  $13.07       $52,338             $0     3.7 % 4% increase in year 2 and 2% annual
 years                                                                                                 increases in years 3-7.
                                                                                                       Two options of 5 years each with 2%
                                                                                                       annual increases.
                                                                                                       Net lease.
 To Be Leased                                5,023       $13.50             $0      $67,810      4.6 %

                               104,226       5,023                  $848,608        $67,810 100.0 %



 Potential Annual Income                    $916,418
 Total S.F.                                  109,249
 Avg. Annual Per S.F.                          $8.39
 S.F. Vacancy (%)                             4.60 %
 Rent Vacancy (%)                             7.40 %




                     The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.
                                                            All Sperry Van Ness® Offices Independently Owned and Operated.
2 . Additional Information




All Sperry Van Ness® Offices Independently Owned and Operated.
Confidentiality Agreement

To: Tom Vincent
    Sperry Van Ness/Sentinel Realty Advisors, Inc.


This Confidentiality Agreement is to be signed by the parties hereto prior to the release of property information. The property
information is intended solely for the limited use by the parties hereto in considering whether to pursue an offer to acquire “The
Crossroads of Janesville” located at 3023 Milton Avenue, Janesville, WI (the "Property").

The Property information contains brief, selected information pertaining to the business and affairs of the Property, It does not,
however, purport to be all-inclusive or to contain all of the information which a prospective purchaser may desire or require, The
Owner, nor any of its officers, employees or agents (hereinafter collectively referred to as "Owner") make any representation or
warranty, express or implied, as to the accuracy or completeness of this information, and no liability of any kind whatsoever is
assumed by Owner with respect thereto.

Principal(s) including Principal’s Agent hereby agree to indemnify Owner from any loss or damage which Owner may suffer as a
result of the undersigned's breach of the terms and conditions of this Confidentiality Agreement.

Owner expressly reserves the right at Owner's sole, singular, exclusive and arbitrary discretion to reject any or all proposals or
expressions of interest in this Property and to terminate discussions in connection therewith with any party at any time without
notice.

The Property information shall not be deemed to represent the state of affairs of the Property or constitute an indication that
there has been no change in the business or affairs of the Property since the date of preparation of this information.

The information provided bas been gathered from sources that are deemed reliable, but the Owner does not warrant or
represent that the information is true and correct. You are advised to verify information independently.

The Owner reserves the right to make any change, to add, delete, or modify the information or to withdraw the property from
consideration at any time, without notice. The Property information is not to be construed as an offer, an expression of intent,
an obligation, or as part of any contract or commitment, to sell the Property.

Furthermore, the inclusion or exclusion of information relating to asbestos or any other hazardous, toxic or dangerous chemical
item, waste or substance (thereinafter collectively referred to as "Waste") relating to the Property shall in no way be construed
as creating any warranties or representations, expressed or implied by the Owner or its agents as to the existence or
nonexistence or nature of waste in, under or on the Property, or to create legal and/or economic obligations upon the Owner,
lessee and/or other holders of interest in the Property or a part thereof.

Please acknowledge your consent and agreement to the foregoing by signing and returning the duplicate copy at which time the
same shall constitute a binding Agreement between the parties.



By: ___________________________________________                  By:___________________________________________
Signature of Principal                                           Signature of Principal’s Agent

___________________________________________                      ______________________________________________
Printed Name                                                     Printed Name

Address:___________________________________                      Address:_______________________________________

__________________________________________                       ______________________________________________

Phone:____________________________________                       Phone:________________________________________

Email :____________________________________                      Email :________________________________________

Accepted: Sperry Van Ness

By:__________________________________________________
Hobby Lobby




Slumberland Furniture




The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.
Slumberland Furniture




Anytime Fitness




       The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.
Dollar Tree




Monument Sign view to Target




       The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.
w w w .s vn .c o m

  Location Map




                     The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.
                                                           All Sperry Van Ness® Offices Independently Owned and Operated.
CROSSROADS OF JANESVILLE

                              TENANT INFORMATION


Hobby Lobby

Hobby Lobby was founded by David Green in Oklahoma City in 1972. Mr. Green and
his family have expanded from 300 square foot in the first location to become one of the
largest retailers of arts and crafts in the U.S. The company presently operates
approximately 463 stores in 39 states and plans to open its first stores in California and
New England in 2011. The chain has approximately 18,000 employees.

The typical store carries over 50,000 items in 13 departments including Crafts, Jewelry,
Arts, Floral and Scrapbooking among others. Numerous classes in various arts and crafts
are offered on a regular basis to help attract and retain customers.

No stores in the chain are open on Sunday, as Mr. Green and his family Pentecostal
Christians who have donated hundreds of millions of dollars to various religious
institutions.

The firm is ranked as the 267th largest private company in Fortune Magazine’s latest
survey. Annual sales are estimated to be over $2.2 Billion dollars or just over $4.7MM
annually for the average store.

The companies largest competitors are Michaels and Joann’s. Michaels, the company’s
largest competitor, has more than 1,000 stores and is also privately held. According to
Wikipedia, average annual store sales are $3.9MM. Joann Stores has 756 stores in 48
states. This firm has just been purchased by Leonard Green & Partners for $1.6 Billion
will go “private” in 2011. 228 of the firm’s stores are “large format” stores that offer
crafts as well as fabrics. The “large format” stores average about $4.7MM in annual
sales.

The link to Hobby Lobby’s web site is: www.hobbylobby.com. Please visit the web site
for more information.

Anytime Fitness

Anytime Fitness was founded in Cambridge, MN in 2002 by Jeff Klinger and Chuck
Runyan. Their goal is to provide an affordable facility with quality equipment and a
friendly atmosphere “Anytime” is now ranked 43rd on the top 500 franchise list, the 12th
fastest growing franchise and 37th in the top global franchises.

The chain has been awarded a top rating by Franchise Business Review for the past four
years and an FBR 50 Franchisee Satisfaction Award.
The facilities are open 24/7 and most locations have 24 hour tanning salons with no
charge.

Information on the chain’s website indicates that a new facility opens every business day
and a new member joins every 3 minutes. The web site is www.anytimefitness.com

The franchisee for the facility in the Crossroads of Janesville is Jeff Brewer. Mr. Brewer
has BBA from the University of Wisconsin in Madison. He is a certified personal trainer
and an Elite Power Lifter.


Slumberland


 In 1967, the first Slumberland store opened in Minnesota. Unlike most furniture stores,
 they started as a mattress and La-Z-Boy specialty shop.

 Merchandise categories and store count expanded over time. Today there are 118 stores
 in 11 states. Slumberland is now one of America's top sellers of La-Z-Boy upholstery,
 as well as the Midwest's largest retailer of Natuzzi leather and both Sealy and Simmons
 mattresses. The thrust of their merchandise plan is at middle and middle-high price
 points, the high volume segment of furniture business in the United States. They
 distribute furniture to their stores through three regional distribution centers (St. Paul-
 MN, Baraboo-WI, & Beresford-SD), which allows them to ship complete truckloads
 with a mix of different merchandise. Trucks are scheduled to meet stores' merchandise
 needs so the stores do not need to maintain large inventory levels.

 The company believes giving back to the community is not only a good idea, but an
 essential part of doing business. Citizenship and stewardship are two of the company's
 core values. As a family-owned business, they are proud to support activities and
 organizations that strengthen families and provide assistance to children and families in
 need. Knowing that a good night's sleep can have a positive impact on quality of life,
 Slumberland began the Homes for the Holidays program to provide new beds for
 families in need. Since 1993, Slumberland has partnered with local charities to identify
 and help families with no, or not enough, beds at home. More than 1,000 new beds are
 given away each year across the 11 states Slumberland serves. To date, more than
 11,000 new beds have been donated to those who would otherwise be sleeping on the
 floor.

 Corporate Address:
 3060 Centerville Rd.
 Little Canada, MN 55117

 www.slumberland.com
The franchisee for the facility in the Crossroads of Janesville and several other store
locations is LA Creations, Inc.
 Scott Libson is the President. Mr. Libson attended the University of Minnesota in the
Twin Cities.

Dollar Tree


 Dollar Tree, Inc. (NASDAQ: DLTR) is a chain of discount variety stores selling every
 item for $1.00 or less. The company was founded more than 50 years ago by K. R.
 Perry, a man who understood that the American shopper was looking for a bargain.
 Now a Fortune 500 company, Dollar Tree is headquartered in Chesapeake, Virginia and
 operates 4,009 stores throughout the continental US. Its stores are supported by a
 nationwide logistics network of nine Distribution Centers. The Company operates one
 dollar stores under the names of Dollar Tree and Dollar Bills. The Company also
 operates a multiprice-point variety chain under the name Deal$.

 Dollar Tree competes in the dollar store and low-end retail markets with the national
 chains Family Dollar, Big Lots, and Dollar General together with regional chains such
 as 99 Cents Only Stores, Fred's and many independent dollar stores nationwide.

 Each Dollar Tree stocks a wide variety of products including national, regional, and
 private-label brands. Some of the product departments found in a Dollar Tree store
 include health and beauty, food and snacks, party, seasonal décor, house wares,
 glassware, dinnerware, household cleaning supplies, candy, toys, gifts, gift bags and
 wrap, stationery, craft supplies, teaching supplies, books, and more. Many Dollar Tree
 stores also sell frozen foods and dairy items such as milk, eggs, pizza, ice cream, frozen
 dinners, and pre-made baked goods.

 In 2009, Dollar Tree launched a redesigned website (http://www.dollartree.com/) with a
 new e-commerce platform. DollarTree.com sells Dollar Tree merchandise in larger
 quantities to individuals, small businesses, and organizations. Every single item on the
 website is still only $1 or less and the Company offers free shipping to Dollar Tree
 stores. The Company also advertises in-store events, specials, seasonal promotions, and
 featured products through the site and users can locate a retail store, research
 information about Dollar Tree, and view product recalls. Dollar Tree also recently
 added customer ratings and reviews to the site so customers can go online and read and
 write reviews about Dollar Tree products.
Confidentiality Agreement

To: Tom Vincent
    Sperry Van Ness/Sentinel Realty Advisors, Inc.


This Confidentiality Agreement is to be signed by the parties hereto prior to the release of property information. The property
information is intended solely for the limited use by the parties hereto in considering whether to pursue an offer to acquire “The
Crossroads of Janesville” located at 3023 Milton Avenue, Janesville, WI (the "Property").

The Property information contains brief, selected information pertaining to the business and affairs of the Property, It does not,
however, purport to be all-inclusive or to contain all of the information which a prospective purchaser may desire or require, The
Owner, nor any of its officers, employees or agents (hereinafter collectively referred to as "Owner") make any representation or
warranty, express or implied, as to the accuracy or completeness of this information, and no liability of any kind whatsoever is
assumed by Owner with respect thereto.

Principal(s) including Principal’s Agent hereby agree to indemnify Owner from any loss or damage which Owner may suffer as a
result of the undersigned's breach of the terms and conditions of this Confidentiality Agreement.

Owner expressly reserves the right at Owner's sole, singular, exclusive and arbitrary discretion to reject any or all proposals or
expressions of interest in this Property and to terminate discussions in connection therewith with any party at any time without
notice.

The Property information shall not be deemed to represent the state of affairs of the Property or constitute an indication that
there has been no change in the business or affairs of the Property since the date of preparation of this information.

The information provided bas been gathered from sources that are deemed reliable, but the Owner does not warrant or
represent that the information is true and correct. You are advised to verify information independently.

The Owner reserves the right to make any change, to add, delete, or modify the information or to withdraw the property from
consideration at any time, without notice. The Property information is not to be construed as an offer, an expression of intent,
an obligation, or as part of any contract or commitment, to sell the Property.

Furthermore, the inclusion or exclusion of information relating to asbestos or any other hazardous, toxic or dangerous chemical
item, waste or substance (thereinafter collectively referred to as "Waste") relating to the Property shall in no way be construed
as creating any warranties or representations, expressed or implied by the Owner or its agents as to the existence or
nonexistence or nature of waste in, under or on the Property, or to create legal and/or economic obligations upon the Owner,
lessee and/or other holders of interest in the Property or a part thereof.

Please acknowledge your consent and agreement to the foregoing by signing and returning the duplicate copy at which time the
same shall constitute a binding Agreement between the parties.



By: ___________________________________________                  By:___________________________________________
Signature of Principal                                           Signature of Principal’s Agent

___________________________________________                      ______________________________________________
Printed Name                                                     Printed Name

Address:___________________________________                      Address:_______________________________________

__________________________________________                       ______________________________________________

Phone:____________________________________                       Phone:________________________________________

Email :____________________________________                      Email :________________________________________

Accepted: Sperry Van Ness

By:__________________________________________________
Janesville Area Information




Janesville is a moderately sized city with a population of 61,310 located on the Rock River in the rolling
hills, rich fields and verdant woodlands of scenic south central Wisconsin. Janesville was founded in
1836 and has experienced steady growth and development ever since. Janesville’s long history of strong
industry and economic success has helped turn the city into a major commercial and industrial center
for the State-Line area.
Perhaps what Janesville is best known for is its abundance of beautiful parks and recreational areas.
Handy boat launches, numerous ball fields, playgrounds, two public golf courses, tennis courts, over
2,300 acres of parkland and 25+ miles of paved bike trail are just some of the amenities enjoyed by
Janesville residents.


Janesville is changing, gone is GM which many of its citizens relied on for employment for many years.
But out of this challenge has emerged a stronger more flexible Janesville, ready to embrace the new
world of business while maintaining a Midwest "Americana" lifestyle that many enjoy. Characteristics of
the "new" Janesville include:
  A significant decline in the level of unionization along with the development of more competitive
wage and benefit packages for manufacturing workers.
  A strong supply of highly skilled, advance manufacturing trained individuals looking for employment.
  Permit times for new industrial development can be as short as three weeks.
  Industrial land at $36,000/acre certified as "shovel ready" by the international site search team of Ady
International Company and the Austin Company.
  Business incentives are scalable and flexible for each individual project.
  Janesville continues to have excellent transportation connectivity.
Retail within 1 mile of subject
Retail within 1 mile of subject
3023 Milton Ave, Janesville
3 . Advisor Profile




All Sperry Van Ness® Offices Independently Owned and Operated.
Thomas Vincent, CCIM


              Advisors
Sp e r r y Va n N e s s Ad v is o r s




                                 Tom Vincent, CCIM serves as a Managing Director for Sperry Van Ness,
                                 specializing in the sale of shopping centers and net leased properties nationwide.
                                 He also sells industrial, office and multifamily properties in Chicago and the
                                 Midwest. With over 35 years of experience, Vincent has secured over 300
                                 transactions with a sales volume valued at over $360 million in the last nine years
                                 including numerous 1031 exchange transactions.

                                 Prior to joining Sperry Van Ness, Vincent operated Sentinel Realty Advisors, Inc.
                                 for more than five years. He owned and operated Fidelity Mortgage & Investment
                                 Corp.for over 20 years specializing in brokerage of commercial loans for all
                                 property types. He served as president and COO of Union Realty Mortgage
                                 Company and Senior Vice President HIC of Florida, a subsidary of Chase
                                 Manhattan Bank where he was instrumental in liquidating a $250MM portfolio of
                                 distressed assets.

                                 Vincent earned the CCIM designation in 1997 and is the past president (2004) of
                                 the Illinois Chapter of CCIM and a member of the International Council of
                                 Shopping Centers. Since 1991 Vincent has served as chairman of the Plan
                                 Commission for the City of Rolling Meadows, Illinois.

                                 He earned his bachelor's degree in banking and finance from the University of
                                 North Texas. Pam Vincent, CPA assists in the operation.
 Thomas Vincent,
 CCIM
Managing Director
Sperry Van Ness
Jeff Jansen, CCIM

                 Advisors
Sp e r r y Van N e s s Ad v is o r s



                                 Jeff Jansen, CCIM, serves as a senior advisor for Sperry Van Ness,
                                 specializing in the sale and leasing of office and retail property in Southern
                                 Wisconsin. As a licensed Wisconsin broker, Jansen has over 20 years of
                                 commercial real estate experience.


                                 Prior to joining Sperry Van Ness, Jansen served as a broker for First
                                 Weber, the largest brokerage firm in Wisconsin. While there, he was
                                 involved in the expansion of the commercial division. Previously, Jansen
                                 was director of property management at the Alexander Companies, and
                                 president of Greenway Properties. His extensive commercial real estate
                                 background includes: tenant and buyer representation for local and
                                 national companies, sales and leasing, property management, construction
                                 management, accounting, land and building development, multifamily sales
                                 and development, consulting and site selection.


                                 Jansen has earned the Certified Commercial Investment Member (CCIM)
Jeff Jansen, CCIM                designation, which is held by less than 4 percent of commercial brokers
Senior Advisor                   nationwide. He served as president of the CCIM Wisconsin Chapter in
Sperry Van Ness                  2005. He is also a member of the Wisconsin REALTORS Association
                                 where he serves on the Professional Standards Committee. In addition, he
                                 is a member of The Commercial Brokers Group; the Commercial
                                 Investment Real Estate Exchange; the REALTORS Association of South
                                 Central Wisconsin; the International Council of Shopping Centers: the
                                 Madison Apartment Owners Association; and the Downtown Madison, Inc.


                                 Jansen obtained a Bachelor of Business Administration from The
                                 University of Iowa, Iowa City, Iowa.
Dan Roseliep, CPM


              Advisors
Sp e r r y Va n N e s s Ad v is o r s




                                     Daniel G. Roseliep, CPM, serves as managing director for Sperry Van Ness/Altus
                                     Commercial Real Estate, specializing in the sale of multifamily and office property
                                     throughout the Southern Wisconsin market. Roseliep has over 30 years of
                                     brokerage and management experience.

                                     Prior to joining Sperry Van Ness, Roseliep was a sales associate for First Weber
                                     Group Commercial where he focused on the sale and leasing of commercial and
                                     investment property. He was also the president and chief executive officer of
                                     Heartland Management Company, an Iowa based property management firm that
                                     developed a $100 million portfolio comprised of 2400 apartment units in three
                                     states, 125,000 square feet of Class A office space, and an industrial distribution
                                     center.

                                     Active in the industry, Roseliep is a member of the Apartment Association of South
                                     Central Wisconsin, Downtown Madison Inc., the Commercial Investment Real
                                     Estate Exchange, the Commercial Brokers Group, the Iowa/Nebraska Affordable
                                     Housing Managers Association, the National Association of Realtors, and the
                                     Institute of Real Estate Management. Roseliep has been a guest lecturer at the
                                     University of Wisconsin Law School and currently serves as an adjunct instructor
                                     for the Real Estate department at Madison College. Roseliep has been a recipient
                                     of the Sperry Van Ness Platinum Achiever award, given to the firm’s top
                                     producers.
 Dan Roseliep, CPM
Managing Director                    Roseliep graduated magna cum laude with a Bachelor of Arts in political science
Sperry Van Ness                      from Loras College in Dubuque, Iowa.




                        All Sperry Van Ness® Offices Independently Owned and Operated.

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Crossroads janesville brochure

  • 1. Investment Property Offering $10,900,000 CROSSROADS OF JANESVILLE 3023 Milton Avenue, Janesville, WI 53545 Presented By: Thomas Vincent, Offering Highlights CCIM Prime Retail Strip 95% Leased/High 1803 Hicks Rd., Suite D Rolling Meadows, IL 60008 traffic counts (847)963-1031 vincentt@svn.com 7 to 10 year lease terms, 6 to 9 years remaining Jeff Jansen, CCIM 6680 Odana Rd, Suite 201 11,200 s.f. expansion approved / Outlot Madison, WI 53719 available (608)821-1401 jeff.jansen@svn.com Interest only financing- 10% cash on cash return 01/13/2011 All Sperry Van Ness® Offices Independently Owned and Operated.
  • 2. All materials and information received or derived from Sperry Van Ness/Sentinel Realty Advisors, Inc. (Thomas S. Vincent)(hereinafter collectively “Sperry Van Ness”), its directors, officers, agents, advisors, affiliates and/or any third party sources are provided without representation or warranty by Sperry Van Ness its directors, officers, agents, advisors, or affiliates as to completeness , veracity, or accuracy, condition of the property, compliance or lack of compliance with applicable governmental requirements, developability or suitability, financial performance of the property, projected financial performance of the property for any party’s intended use or any and all other matters. Neither Sperry Van Ness its directors, officers, agents, advisors, or affiliates makes any representation or warranty, express or implied, as to accuracy or completeness of the any materials or information provided, derived, or received. Materials and information from any source, whether written or verbal, that may be furnished for review are not a substitute for a party’s active conduct of its own due diligence to determine these and other matters of significance to such party. Sperry Van Ness will not investigate or verify any such matters or conduct due diligence for a party unless otherwise agreed in writing. EACH PARTY SHALL CONDUCT ITS OWN INDEPENDENT INVESTIGATION AND DUE DILIGENCE. Any party contemplating or under contract or in escrow for a transaction is urged to verify all information and to conduct their own inspections and investigations including through appropriate third party independent professionals selected by such party. All financial data should be verified by the party including by obtaining and reading applicable documents and reports and consulting appropriate independent professionals. Sperry Van Ness makes no warranties and/or representations regarding the veracity, completeness, or relevance of any financial data or assumptions. Sperry Van Ness does not serve as a financial advisor to any party regarding any proposed transaction. All data and assumptions regarding financial performance, including that used for financial modeling purposes, may differ from actual data or performance. Any estimates of market rents and/or projected rents that may be provided to a party do not necessarily mean that rents can be established at or increased to that level. Parties must evaluate any applicable contractual and governmental limitations as well as market conditions, vacancy factors and other issues in order to determine rents from or for the property. Legal questions should be discussed by the party with an attorney. Tax questions should be discussed by the party with a certified public accountant or tax attorney. Title questions should be discussed by the party with a title officer or attorney. Questions regarding the condition of the property and whether the property complies with applicable governmental requirements should be discussed by the party with appropriate engineers, architects, contractors, other consultants and governmental agencies. All properties and services are marketed by Sperry Van Ness in compliance with all applicable fair housing and equal opportunity laws. Sperry Van Ness/Sentinel Realty Advisors, Inc. (Thomas S. Vincent) is independently owned and operated.
  • 3. Table of Contents 1 Financial Analysis Executive Summary Investment Information Financial Summary Rent Roll Summary 2 Additional Information 3 Advisor Profile Sales Comparables Map Location Map The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.
  • 4. 1 . Financial Analysis All Sperry Van Ness® Offices Independently Owned and Operated.
  • 5. CROSSROADS OF JANESVILLE Executive Summary List Price $10,900,000 Price Per GLA $99.67 Price Per Sq.Ft. $99.67 NOI $758,218 CAP 6.96 % Building Sq.Ft. 109,359 Land Acres 11.20 Occupancy. 95 % PROPERTY DESCRIPTION 3023 Milton Avenue, Janesville, WI 53545 Construction Block and Steel Renovation HIGHLIGHTS Former Walmart- redeveloped and renovated in 2008. Prime Retail Strip 95% Leased/High traffic counts Ingress/Egress Prime Visible corner located at the Southwest Corner of HWYs 7 to 10 year lease terms, 6 to 9 years remaining 26 and 14. Easy access to Interstate 94/39 11,200 s.f. expansion approved / Outlot available Area Prime site located at the Southwest Corner of HWYs 26 and 14. Interest only financing- 10% cash on cash return Easy access to Interstate 94/39. 20,000 - 30,000 cars per day; I 94/39 in excess of 60,000. Nearby retailers include: Home Depot, Best Buy, Target, T.J. Maxx, Michaels, Staples, K-Mart, Menards, Old Navy, Gander Mountain, Wal-Mart/Sam's Club Cross Street HWY 14 Property Tax Parcel No. 0218300107 Prime 109,359 sf retail center available for sale! 95% leased to Market Janesville Hobby Lobby, Slumberland, Anytime Fitness and Dollar Tree with 6 to 9 yrs remaining on all leases. 11,200 s.f. expansion Sub Market Rock County end cap approved. Outlot available separately. Former Walmart. Year Built 1988 More info: http://sale.svn.com/crossroadsjns Building Class A Location Class A Zoning Type B4-Business Highway Signalized Corner Yes Street Frontage No. of Buildings 1 No. of Stories 1 Exclusively Listed By: No. of Tenants 4 No. of Parking Spaces Thomas Vincent, CCIM Jeff Jansen, CCIM Parking Ratio (847)963-1031 (608)821-1401 vincentt@svn.com jeff.jansen@svn.com 01/18/2011
  • 6.
  • 7. Investment Information CROSSROADS OF JANESVILLE 3023 Milton Avenue Janesville, WI 53545 Listing Price $10,900,000 GLA 109,359 Actual CAP 6.96 % Building S.F. 109,359 CAP Percent Occupied 95.40 % Price Per S.F. $99.67 Land Acres 11.20 Price Per GLA $99.67 Loan Amount $8,200,000 Expenses Per S.F. $3.14 Down Payment $2,700,000 Loan Description First Mortgage: non-recourse, interest only 4 years, 30 year amortization 3 years, rate adjusted in year 5. Mezzanine: Interest only 7 years to match term of first mortgage. Estimated Annualized Operating Data Actual Scheduled Income $917,033 Recapture / CAM $75,812 Percentage Rent $35,000 R E Tax Reimburse (72%) $135,750 Insurance Reimburse (72%) $15,872 Mgmnt Fee $ Tree-Anytime $3,733 Less Vacancy $81,734 Gross Operating Income $1,101,466 Less Expenses $343,248 Net Operating Income $758,218 Less Loan Payment $492,000 Pre-Tax Cash Flow $266,218 Cash on Cash Return 9.86 % Estimated Annualized Expenses Highlights Actual Projected Taxes $188,542 Prime Retail Strip 95% Leased/High Insurance $21,800 traffic counts Off-Site Management $17,007 7 to 10 year lease terms, 6 to 9 years remaining CAM $104,965 11,200 s.f. expansion approved / Outlot Reserves $10,934 available Total Expenses $343,248 $0 Interest only financing- 10% cash on Expenses Per S.F. $3.14 cash return The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.
  • 8. Financial Summary Estimated Annualized Operating Data Actual Scheduled Income $917,033 Recapture / CAM $75,812 Percentage Rent $35,000 R E Tax Reimburse (72%) $135,750 Insurance Reimburse (72%) $15,872 Mgmnt Fee $ Tree-Anytime $3,733 Less Vacancy $81,734 Gross Operating Income $1,101,466 Less Expenses $343,248 Net Operating Income $758,218 Less Loan Payment $492,000 Pre-Tax Cash Flow $266,218 Cash on Cash Return 9.86 % Estimated Expense Summary Actual Total Estimated Expense $343,248 Proposed Financial Summary First Mortgage Mezzanine Loan Loan Amount $7,200,000 $1,000,000 Interest Rate 6.00% 6.00% Annual Payment $432,000 $60,000 Annual Principal Reduction Loan Type Interest Only Interest Only Terms and Description First Mortgage: non-recourse, interest only 4 years, 30 year amortization 3 years, rate adjusted in year 5. Mezzanine: Interest only 7 years to match term of first mortgage. The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.
  • 9. w w w .s vn .c o m Rent Roll Summary Tenant Name Occupied Vacant Annual Occupied Vacant % of Escalations / Options / Comments S.F. S.F. Rent S.F. Rent Rent Total Hobby Lobby -10 years 58,200 $7.25 $421,950 $0 53.3 % Years 6-10 increase from $7.25 PSF to $7.50 PSF. Two of 5 years each. $7.75 PSF in first option period and $8.25 PSF in last option period. Net Lease. Tenant does all CAM and is reimbursed by Landlord. Slumberland - 10 years 30,341 $7.91 $240,000 $0 27.8 % 15% increase in years 6-10. Two of 5 years each, 10% increase for each 5 year option period. Gross lease, no reimbursements. Tenant is paying percentage rent estimated at $35,000 annually. Dollar Tree - 10 years 11,680 $11.50 $134,320 $0 10.7 % $.50 PSF increase in years 6-10. Two of 5 years each, $.50 PSF rent increase in each option period. Net lease. Anytime Fitness - 7 4,005 $13.07 $52,338 $0 3.7 % 4% increase in year 2 and 2% annual years increases in years 3-7. Two options of 5 years each with 2% annual increases. Net lease. To Be Leased 5,023 $13.50 $0 $67,810 4.6 % 104,226 5,023 $848,608 $67,810 100.0 % Potential Annual Income $916,418 Total S.F. 109,249 Avg. Annual Per S.F. $8.39 S.F. Vacancy (%) 4.60 % Rent Vacancy (%) 7.40 % The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness. All Sperry Van Ness® Offices Independently Owned and Operated.
  • 10. 2 . Additional Information All Sperry Van Ness® Offices Independently Owned and Operated.
  • 11. Confidentiality Agreement To: Tom Vincent Sperry Van Ness/Sentinel Realty Advisors, Inc. This Confidentiality Agreement is to be signed by the parties hereto prior to the release of property information. The property information is intended solely for the limited use by the parties hereto in considering whether to pursue an offer to acquire “The Crossroads of Janesville” located at 3023 Milton Avenue, Janesville, WI (the "Property"). The Property information contains brief, selected information pertaining to the business and affairs of the Property, It does not, however, purport to be all-inclusive or to contain all of the information which a prospective purchaser may desire or require, The Owner, nor any of its officers, employees or agents (hereinafter collectively referred to as "Owner") make any representation or warranty, express or implied, as to the accuracy or completeness of this information, and no liability of any kind whatsoever is assumed by Owner with respect thereto. Principal(s) including Principal’s Agent hereby agree to indemnify Owner from any loss or damage which Owner may suffer as a result of the undersigned's breach of the terms and conditions of this Confidentiality Agreement. Owner expressly reserves the right at Owner's sole, singular, exclusive and arbitrary discretion to reject any or all proposals or expressions of interest in this Property and to terminate discussions in connection therewith with any party at any time without notice. The Property information shall not be deemed to represent the state of affairs of the Property or constitute an indication that there has been no change in the business or affairs of the Property since the date of preparation of this information. The information provided bas been gathered from sources that are deemed reliable, but the Owner does not warrant or represent that the information is true and correct. You are advised to verify information independently. The Owner reserves the right to make any change, to add, delete, or modify the information or to withdraw the property from consideration at any time, without notice. The Property information is not to be construed as an offer, an expression of intent, an obligation, or as part of any contract or commitment, to sell the Property. Furthermore, the inclusion or exclusion of information relating to asbestos or any other hazardous, toxic or dangerous chemical item, waste or substance (thereinafter collectively referred to as "Waste") relating to the Property shall in no way be construed as creating any warranties or representations, expressed or implied by the Owner or its agents as to the existence or nonexistence or nature of waste in, under or on the Property, or to create legal and/or economic obligations upon the Owner, lessee and/or other holders of interest in the Property or a part thereof. Please acknowledge your consent and agreement to the foregoing by signing and returning the duplicate copy at which time the same shall constitute a binding Agreement between the parties. By: ___________________________________________ By:___________________________________________ Signature of Principal Signature of Principal’s Agent ___________________________________________ ______________________________________________ Printed Name Printed Name Address:___________________________________ Address:_______________________________________ __________________________________________ ______________________________________________ Phone:____________________________________ Phone:________________________________________ Email :____________________________________ Email :________________________________________ Accepted: Sperry Van Ness By:__________________________________________________
  • 12. Hobby Lobby Slumberland Furniture The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.
  • 13. Slumberland Furniture Anytime Fitness The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.
  • 14. Dollar Tree Monument Sign view to Target The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.
  • 15. w w w .s vn .c o m Location Map The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness. All Sperry Van Ness® Offices Independently Owned and Operated.
  • 16. CROSSROADS OF JANESVILLE TENANT INFORMATION Hobby Lobby Hobby Lobby was founded by David Green in Oklahoma City in 1972. Mr. Green and his family have expanded from 300 square foot in the first location to become one of the largest retailers of arts and crafts in the U.S. The company presently operates approximately 463 stores in 39 states and plans to open its first stores in California and New England in 2011. The chain has approximately 18,000 employees. The typical store carries over 50,000 items in 13 departments including Crafts, Jewelry, Arts, Floral and Scrapbooking among others. Numerous classes in various arts and crafts are offered on a regular basis to help attract and retain customers. No stores in the chain are open on Sunday, as Mr. Green and his family Pentecostal Christians who have donated hundreds of millions of dollars to various religious institutions. The firm is ranked as the 267th largest private company in Fortune Magazine’s latest survey. Annual sales are estimated to be over $2.2 Billion dollars or just over $4.7MM annually for the average store. The companies largest competitors are Michaels and Joann’s. Michaels, the company’s largest competitor, has more than 1,000 stores and is also privately held. According to Wikipedia, average annual store sales are $3.9MM. Joann Stores has 756 stores in 48 states. This firm has just been purchased by Leonard Green & Partners for $1.6 Billion will go “private” in 2011. 228 of the firm’s stores are “large format” stores that offer crafts as well as fabrics. The “large format” stores average about $4.7MM in annual sales. The link to Hobby Lobby’s web site is: www.hobbylobby.com. Please visit the web site for more information. Anytime Fitness Anytime Fitness was founded in Cambridge, MN in 2002 by Jeff Klinger and Chuck Runyan. Their goal is to provide an affordable facility with quality equipment and a friendly atmosphere “Anytime” is now ranked 43rd on the top 500 franchise list, the 12th fastest growing franchise and 37th in the top global franchises. The chain has been awarded a top rating by Franchise Business Review for the past four years and an FBR 50 Franchisee Satisfaction Award.
  • 17. The facilities are open 24/7 and most locations have 24 hour tanning salons with no charge. Information on the chain’s website indicates that a new facility opens every business day and a new member joins every 3 minutes. The web site is www.anytimefitness.com The franchisee for the facility in the Crossroads of Janesville is Jeff Brewer. Mr. Brewer has BBA from the University of Wisconsin in Madison. He is a certified personal trainer and an Elite Power Lifter. Slumberland In 1967, the first Slumberland store opened in Minnesota. Unlike most furniture stores, they started as a mattress and La-Z-Boy specialty shop. Merchandise categories and store count expanded over time. Today there are 118 stores in 11 states. Slumberland is now one of America's top sellers of La-Z-Boy upholstery, as well as the Midwest's largest retailer of Natuzzi leather and both Sealy and Simmons mattresses. The thrust of their merchandise plan is at middle and middle-high price points, the high volume segment of furniture business in the United States. They distribute furniture to their stores through three regional distribution centers (St. Paul- MN, Baraboo-WI, & Beresford-SD), which allows them to ship complete truckloads with a mix of different merchandise. Trucks are scheduled to meet stores' merchandise needs so the stores do not need to maintain large inventory levels. The company believes giving back to the community is not only a good idea, but an essential part of doing business. Citizenship and stewardship are two of the company's core values. As a family-owned business, they are proud to support activities and organizations that strengthen families and provide assistance to children and families in need. Knowing that a good night's sleep can have a positive impact on quality of life, Slumberland began the Homes for the Holidays program to provide new beds for families in need. Since 1993, Slumberland has partnered with local charities to identify and help families with no, or not enough, beds at home. More than 1,000 new beds are given away each year across the 11 states Slumberland serves. To date, more than 11,000 new beds have been donated to those who would otherwise be sleeping on the floor. Corporate Address: 3060 Centerville Rd. Little Canada, MN 55117 www.slumberland.com
  • 18. The franchisee for the facility in the Crossroads of Janesville and several other store locations is LA Creations, Inc. Scott Libson is the President. Mr. Libson attended the University of Minnesota in the Twin Cities. Dollar Tree Dollar Tree, Inc. (NASDAQ: DLTR) is a chain of discount variety stores selling every item for $1.00 or less. The company was founded more than 50 years ago by K. R. Perry, a man who understood that the American shopper was looking for a bargain. Now a Fortune 500 company, Dollar Tree is headquartered in Chesapeake, Virginia and operates 4,009 stores throughout the continental US. Its stores are supported by a nationwide logistics network of nine Distribution Centers. The Company operates one dollar stores under the names of Dollar Tree and Dollar Bills. The Company also operates a multiprice-point variety chain under the name Deal$. Dollar Tree competes in the dollar store and low-end retail markets with the national chains Family Dollar, Big Lots, and Dollar General together with regional chains such as 99 Cents Only Stores, Fred's and many independent dollar stores nationwide. Each Dollar Tree stocks a wide variety of products including national, regional, and private-label brands. Some of the product departments found in a Dollar Tree store include health and beauty, food and snacks, party, seasonal décor, house wares, glassware, dinnerware, household cleaning supplies, candy, toys, gifts, gift bags and wrap, stationery, craft supplies, teaching supplies, books, and more. Many Dollar Tree stores also sell frozen foods and dairy items such as milk, eggs, pizza, ice cream, frozen dinners, and pre-made baked goods. In 2009, Dollar Tree launched a redesigned website (http://www.dollartree.com/) with a new e-commerce platform. DollarTree.com sells Dollar Tree merchandise in larger quantities to individuals, small businesses, and organizations. Every single item on the website is still only $1 or less and the Company offers free shipping to Dollar Tree stores. The Company also advertises in-store events, specials, seasonal promotions, and featured products through the site and users can locate a retail store, research information about Dollar Tree, and view product recalls. Dollar Tree also recently added customer ratings and reviews to the site so customers can go online and read and write reviews about Dollar Tree products.
  • 19. Confidentiality Agreement To: Tom Vincent Sperry Van Ness/Sentinel Realty Advisors, Inc. This Confidentiality Agreement is to be signed by the parties hereto prior to the release of property information. The property information is intended solely for the limited use by the parties hereto in considering whether to pursue an offer to acquire “The Crossroads of Janesville” located at 3023 Milton Avenue, Janesville, WI (the "Property"). The Property information contains brief, selected information pertaining to the business and affairs of the Property, It does not, however, purport to be all-inclusive or to contain all of the information which a prospective purchaser may desire or require, The Owner, nor any of its officers, employees or agents (hereinafter collectively referred to as "Owner") make any representation or warranty, express or implied, as to the accuracy or completeness of this information, and no liability of any kind whatsoever is assumed by Owner with respect thereto. Principal(s) including Principal’s Agent hereby agree to indemnify Owner from any loss or damage which Owner may suffer as a result of the undersigned's breach of the terms and conditions of this Confidentiality Agreement. Owner expressly reserves the right at Owner's sole, singular, exclusive and arbitrary discretion to reject any or all proposals or expressions of interest in this Property and to terminate discussions in connection therewith with any party at any time without notice. The Property information shall not be deemed to represent the state of affairs of the Property or constitute an indication that there has been no change in the business or affairs of the Property since the date of preparation of this information. The information provided bas been gathered from sources that are deemed reliable, but the Owner does not warrant or represent that the information is true and correct. You are advised to verify information independently. The Owner reserves the right to make any change, to add, delete, or modify the information or to withdraw the property from consideration at any time, without notice. The Property information is not to be construed as an offer, an expression of intent, an obligation, or as part of any contract or commitment, to sell the Property. Furthermore, the inclusion or exclusion of information relating to asbestos or any other hazardous, toxic or dangerous chemical item, waste or substance (thereinafter collectively referred to as "Waste") relating to the Property shall in no way be construed as creating any warranties or representations, expressed or implied by the Owner or its agents as to the existence or nonexistence or nature of waste in, under or on the Property, or to create legal and/or economic obligations upon the Owner, lessee and/or other holders of interest in the Property or a part thereof. Please acknowledge your consent and agreement to the foregoing by signing and returning the duplicate copy at which time the same shall constitute a binding Agreement between the parties. By: ___________________________________________ By:___________________________________________ Signature of Principal Signature of Principal’s Agent ___________________________________________ ______________________________________________ Printed Name Printed Name Address:___________________________________ Address:_______________________________________ __________________________________________ ______________________________________________ Phone:____________________________________ Phone:________________________________________ Email :____________________________________ Email :________________________________________ Accepted: Sperry Van Ness By:__________________________________________________
  • 20. Janesville Area Information Janesville is a moderately sized city with a population of 61,310 located on the Rock River in the rolling hills, rich fields and verdant woodlands of scenic south central Wisconsin. Janesville was founded in 1836 and has experienced steady growth and development ever since. Janesville’s long history of strong industry and economic success has helped turn the city into a major commercial and industrial center for the State-Line area. Perhaps what Janesville is best known for is its abundance of beautiful parks and recreational areas. Handy boat launches, numerous ball fields, playgrounds, two public golf courses, tennis courts, over 2,300 acres of parkland and 25+ miles of paved bike trail are just some of the amenities enjoyed by Janesville residents. Janesville is changing, gone is GM which many of its citizens relied on for employment for many years. But out of this challenge has emerged a stronger more flexible Janesville, ready to embrace the new world of business while maintaining a Midwest "Americana" lifestyle that many enjoy. Characteristics of the "new" Janesville include: A significant decline in the level of unionization along with the development of more competitive wage and benefit packages for manufacturing workers. A strong supply of highly skilled, advance manufacturing trained individuals looking for employment. Permit times for new industrial development can be as short as three weeks. Industrial land at $36,000/acre certified as "shovel ready" by the international site search team of Ady International Company and the Austin Company. Business incentives are scalable and flexible for each individual project. Janesville continues to have excellent transportation connectivity.
  • 21. Retail within 1 mile of subject
  • 22. Retail within 1 mile of subject
  • 23. 3023 Milton Ave, Janesville
  • 24. 3 . Advisor Profile All Sperry Van Ness® Offices Independently Owned and Operated.
  • 25. Thomas Vincent, CCIM Advisors Sp e r r y Va n N e s s Ad v is o r s Tom Vincent, CCIM serves as a Managing Director for Sperry Van Ness, specializing in the sale of shopping centers and net leased properties nationwide. He also sells industrial, office and multifamily properties in Chicago and the Midwest. With over 35 years of experience, Vincent has secured over 300 transactions with a sales volume valued at over $360 million in the last nine years including numerous 1031 exchange transactions. Prior to joining Sperry Van Ness, Vincent operated Sentinel Realty Advisors, Inc. for more than five years. He owned and operated Fidelity Mortgage & Investment Corp.for over 20 years specializing in brokerage of commercial loans for all property types. He served as president and COO of Union Realty Mortgage Company and Senior Vice President HIC of Florida, a subsidary of Chase Manhattan Bank where he was instrumental in liquidating a $250MM portfolio of distressed assets. Vincent earned the CCIM designation in 1997 and is the past president (2004) of the Illinois Chapter of CCIM and a member of the International Council of Shopping Centers. Since 1991 Vincent has served as chairman of the Plan Commission for the City of Rolling Meadows, Illinois. He earned his bachelor's degree in banking and finance from the University of North Texas. Pam Vincent, CPA assists in the operation. Thomas Vincent, CCIM Managing Director Sperry Van Ness
  • 26. Jeff Jansen, CCIM Advisors Sp e r r y Van N e s s Ad v is o r s Jeff Jansen, CCIM, serves as a senior advisor for Sperry Van Ness, specializing in the sale and leasing of office and retail property in Southern Wisconsin. As a licensed Wisconsin broker, Jansen has over 20 years of commercial real estate experience. Prior to joining Sperry Van Ness, Jansen served as a broker for First Weber, the largest brokerage firm in Wisconsin. While there, he was involved in the expansion of the commercial division. Previously, Jansen was director of property management at the Alexander Companies, and president of Greenway Properties. His extensive commercial real estate background includes: tenant and buyer representation for local and national companies, sales and leasing, property management, construction management, accounting, land and building development, multifamily sales and development, consulting and site selection. Jansen has earned the Certified Commercial Investment Member (CCIM) Jeff Jansen, CCIM designation, which is held by less than 4 percent of commercial brokers Senior Advisor nationwide. He served as president of the CCIM Wisconsin Chapter in Sperry Van Ness 2005. He is also a member of the Wisconsin REALTORS Association where he serves on the Professional Standards Committee. In addition, he is a member of The Commercial Brokers Group; the Commercial Investment Real Estate Exchange; the REALTORS Association of South Central Wisconsin; the International Council of Shopping Centers: the Madison Apartment Owners Association; and the Downtown Madison, Inc. Jansen obtained a Bachelor of Business Administration from The University of Iowa, Iowa City, Iowa.
  • 27. Dan Roseliep, CPM Advisors Sp e r r y Va n N e s s Ad v is o r s Daniel G. Roseliep, CPM, serves as managing director for Sperry Van Ness/Altus Commercial Real Estate, specializing in the sale of multifamily and office property throughout the Southern Wisconsin market. Roseliep has over 30 years of brokerage and management experience. Prior to joining Sperry Van Ness, Roseliep was a sales associate for First Weber Group Commercial where he focused on the sale and leasing of commercial and investment property. He was also the president and chief executive officer of Heartland Management Company, an Iowa based property management firm that developed a $100 million portfolio comprised of 2400 apartment units in three states, 125,000 square feet of Class A office space, and an industrial distribution center. Active in the industry, Roseliep is a member of the Apartment Association of South Central Wisconsin, Downtown Madison Inc., the Commercial Investment Real Estate Exchange, the Commercial Brokers Group, the Iowa/Nebraska Affordable Housing Managers Association, the National Association of Realtors, and the Institute of Real Estate Management. Roseliep has been a guest lecturer at the University of Wisconsin Law School and currently serves as an adjunct instructor for the Real Estate department at Madison College. Roseliep has been a recipient of the Sperry Van Ness Platinum Achiever award, given to the firm’s top producers. Dan Roseliep, CPM Managing Director Roseliep graduated magna cum laude with a Bachelor of Arts in political science Sperry Van Ness from Loras College in Dubuque, Iowa. All Sperry Van Ness® Offices Independently Owned and Operated.