2-Tenant Investment Property. Office Industrial Retail Institutional Investment Management

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1 For Sale 2-Tenant Investment Property St. Louis, MO Sunbelt Rentals Fastenal St. Louis Distribution Hub 33,915± Sq.Ft. Building 30 Loading Dock Doors 5 Door Service and Repair Shop 2.76± Acre Fenced and Paved Site Annual Rent Increases Corporate Guarantees Sale Price: $2,495,000 Cap Rate: 6.10% Contact: Patrick T. McKay Office Industrial Retail Institutional Investment Management Commercial Real Estate Individual Membership in the Society of Industrial and Offi ce Realtors Information is from appropriate sources but is not guaranteed. No representation is made to environmental or other conditions of property. We recommend purchaser investigate fully.

2 Investment Overview PRICE: $2,495,000 CAP RATE: 6.10% NOI: $152,412 PROPERTY DETAILS LEASE OVERVIEW BUILDING AREA: 33,915 SF LAND AREA: 2.76 ACRES YEAR BUILT/RENOVATED: 1981/2015 GUARANTOR: FASTENALCORPORATE SUNBELT RENTALS CORPORATE REMAINING LEASE TERM: FASTENAL: 2 YRS 4 MONTHS SUNBELT RENTALS: 9 YRS 9 MONTHS RENT COMMENCEMENT: FASTENAL: 1/1/15 SUNBELT RENTALS: 5/22/17 LEASE EXPIRATION: FASTENAL: 12/31/19 SUNBELT RENTALS: 5/31/27 LEASE TYPE: SUNBELT RENTALS: NNN PRICE (PSF): $73.57 SCHEDULED RENT INCREASES: FASTENAL: FIXED SUNBELT RENTALS: 2% ANNUALLY OPTIONS & INCREASES: FASTENAL: 1-5 YEAR OPTION $4,875 MONTHLY 2017 BASE ANNUAL RENT: FASTENAL: $54,000 SUNBELT RENTALS: $108,000 TOTAL: $162,000 GENERAL EXPENSES AND RESPONSIBILITIES PARKING LOT MAINTENANCE: PAID BY TENANT ROOF & STRUCTURE: PAID BY LANDLORD INSURANCE: 16% PAID BY LANDLORD HVAC: PAID BY TENANT PROPERTY TAXES: 16% PAID BY LANDLORD Information is from appropriate sources but is not guaranteed. No representation is made to environmental or other conditions of property. We recommend purchaser investigate fully.

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5 EQUIPMENT RENTAL INDUSTRY POISED FOR STRONGER GROWTH MAY 2017 The new fi ve-year forecast for equipment rental industry revenues released by the American Rental Association (ARA) continues to call for steady gains and expectations for growth are greater than in the February forecast. ARA now projects U.S. equipment rental revenue to reach $49.4 billion in 2017 up 4.5 percent over last year. The February forecast projected U.S. equipment rental revenue of $48.9 billion and an average annual growth rate of 4.6 percent to reach $56 billion in The May 3 forecast calls for U.S. rental revenue to grow 4.7 percent in 2018, 5.1 percent in 2019, 4.6 percent in 2020 and 4.4 percent in 2021 to reach $59.4 billion combined for the three segments of the industry including construction/industrial, general tool/light construction and party/special event. This is the second consecutive quarterly forecast to project stronger growth during the forecast period compared to the previous quarterly update of the ARA Rental Market Monitor subscription service by IHS Markit, the economic forecasting fi rm that compiles the data and analysis as part of a partnership with ARA and Rental Management. The equipment rental continues to post strong performance numbers with annual revenues closing in the $50 billion mark this year, says John McClelland, ARA s vice president for government affairs and chief economist. The issues going forward are how Congress is going to deal with tax reform and infrastructure spending. If tax reform can lower rates and simplify the code for all businesses that could be a sign of even stronger growth and a strong infrastructure bill will add to that momentum, McClelland says. Scott Hazelton, managing director, IHS Markit, says weak fi rst quarter numbers for the U.S. gross domestic product (GDP) masked solid demand for investment, which will help fuel growth in equipment rental revenues. Construction growth has remained robust. While it will moderate over the year, it will support signifi cant rental potential, Hazelton says. Reduced headwinds from exchange rates and improving business confi dence also are aiding the industrial sector and its equipment rental demands. Hazelton also says policy uncertainties continue to temper the forecast because of unknowns. Good decisions could improve the outlook while poor ones could substantially diminish it. However, the trends to date suggest strong equipment rental demand for 2017, 2018 and beyond, he says. Despite sluggishness in nonresidential construction, contractions in real residential construction and uncertainty of additional infrastructure spending, the construction and industrial equipment segment and general tool rental segment are projected to achieve compound annual growth rates (CAGRs) of 4.1 percent and 6.1 percent, respectively, between 2017 and 2012, according to the ARA Rental Market Monitor. In addition, party and event rentals will benefi t from continued improvement in consumer spending and rental revenue is projected to show a 5.8 percent CAGR over the 2017 to 2021 period. Total equipment rental revenue is expected to grow at a CAGR of 4.7 percent between 2017 and In Canada, the fi ve-year forecast calls for accelerating revenue growth each year, starting with a 2.7 percent increase in 2017 to reach $5.12 billion. Total rental revenue is expected to grow another 3.1 percent in 2018, 4.2 percent in 2019, 5.3 percent in 2020 and 5.9 percent in 2021 to reach $6.13 billion. Construction and industrial equipment and general tool rental revenues are expected to grow at CAGRs of 4.7 percent and 4.3 percent, respectively, through Party and event rental is expected to grow at a CAGR of 4.2 percent, benefi ting from stable consumer spending and a rebound in corporate disposable income in Canada. Total rental revenue in Canada is projected to grow at a CAGR of 4.6 percent between 2017 and 2021, according to the ARA Rental Market Monitor. AN OFFICIAL PUBLICATION OF THE AMERICAN RENTAL ASSOCIATION. PRODUCED BY RENTAL MANAGEMENT GROUP. COPYRIGHT 2017 RENTAL PULSE ALL RIGHTS RESERVED Information is from appropriate sources but is not guaranteed by Hilliker Corporation.

6 About Us One of the largest equipment rental companies in North America and backed by a network of more than 625 locations, Sunbelt Rentals successfully services a variety of customers - from those in the commercial, residential, industrial, municipal, and specialized service industries, to weekend do-it-yourselfers. Sunbelt s extensive fl eet exceeds $7.0 billion and includes general construction equipment, industrial tools, pumps and power generation equipment, trench shoring, scaffolding, remediation & restoration equipment, and more. Specialty Divisions and Market Segment Focus: Designed to serve distinct customer segments requiring a high level of technical expertise, Sunbelt Rentals offer a highly diversifi ed product mix, as well as trained experts. Climate Control Services Industrial Services Tools & Equipment Oil & Gas Services Pile Driving Services Pump & Power Services Scaffold Services Remediation and Restoration Flooring Solutions Facility Maintenance 2017 Sunbelt Rentals, Inc., All Rights Reserved Information is from appropriate sources but is not guaranteed by Hilliker Corporation.

7 Any overview of our company has to start with a look at our 2,600+ store locations and the 10,000+ people who operate them. After all, when our customers think of Fastenal, they don't think of some remote corporation; they think of the local "Blue Team" that serves them on a daily basis. Backed by our global sourcing, quality, and logistics operations, each store is a local, one-stop source for a spectrum of OEM, MRO and Construction supplies. That includes a broad core inventory of commonly used products, as well as items that are custom-stocked to meet individual customers' needs. (Because it's on our local shelves, it doesn't have to be on theirs.) Working within our decentralized environment, store personnel take a fl exible approach to support local customers sourcing products, making emergency deliveries, managing a lean fl ow of inventory to points of use, and leveraging our services, solutions and specialists to drive continual business improvements. Local product and local people: these are the cornerstones of our value proposition. So when you hear us talk about our thousands of stores, remember that we're not talking about how big we are; we're talking about how local we are. And that's what Fastenal is all about using our corporate resources to be the best local supplier in every market we serve. Learn more about our: Cost Saving Opportunities Key Competitive Advantages Distribution Overview Quality Overview Copyright 2017 Fastenal Company. All Rights Reserved. Information is from appropriate sources but is not guaranteed by Hilliker Corporation.

8 Lambert International Airport

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