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DISCLOSURE : All materials and information received or derived from Fortis Net Lease (hereinafter collectively referred to as FNL ), its directors, officers, agents, advisors, affiliates and/or any third party sources are provided without representation or warranty by FNL its directors, officers, agent s, advisors, or affiliates as to completeness, veracity, or accuracy, condition of the property, compliance or lack of compliance with applicable governmental requirements, 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 FNL 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. FNL will not investigate or verify any such matters or conduct due diligence for a party unless otherwise agreed in writing. ALL PARTIES SHALL CONDUCT THEIR 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. FNL makes no warranties and/or representations regarding the veracity, completeness, or relevance of any financial data or assumptions. FNL 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 FNL in compliance with all applicable fair housing and equal opportunity laws. E XC LU S I V E LY L I S T E D BY: ROBERT BENDER DOUG PASSON Managing Partner Managing Partner Fortis Agents Cooperate Click Here To Meet The Team 248.254.3406 248.254.3407 rbender@fnlre.com dpasson@fnlre.com WALGREENS

INVESTMENT SUMMARY List Price: $6,974,000 Current NOI: $401,000 ($27.67 PSF) Initial Cap Rate: 5.75% Land Acreage: 1.86 Acres Year Built: 2002 Building Size: 14,490 SF Google Aerial Map: Click HERE Google Street View: Click HERE LEASE SUMMARY Lease Type: NNN Taxes, CAM & Insurance: Tenant Responsibility Roof, Structure & Parking: Tenant Responsibility Lease Term: 25 Years Rent Commencement: June 1, 2002 Rent Expiration: May 31, 2027 Term Remaining: 9+ Years Rent Increases: Flat Option Periods: Ten, Five Year Options Lease Guarantor: Corporate INVESTMENT HIGHLIGHTS 14,490 SF Walgreens Store Situated on 1.86 Acre Parcel NNN Lease with No Landlord Responsibilities Drive-Thru Location S&P Rating BBB Grade Exceptional Store Sales Ensures Long Term Occupancy Recent Phase I and Survey Available for Update LOCATION HIGHLIGHTS Signalized Intersection Hard Corner Location Located at the Intersection With 55,000 Average Daily Traffic Dense Residential Area with Over 322,000 Residents Within 5 Miles Projected 17.83% Population Growth Over Next 4 Years Average Household Income Exceeds $109,000 Within 1 Mile Median Home Value Exceeds $235,000 Within 1 Mile Located Near National Retail Tenants Including Advance Auto Parts, AutoZone, Lifetime Fitness, Kroger, HEB, Sam s Club, Walmart, Home Depot and more W A LG R E E N S F O R T I S N E T LE A S E

INVESTMENT OVERVIEW Fortis Net Lease is pleased to present a Walgreens located at 11525 Highway 6 in Sugar Land, TX. This 25 year NNN lease has no landlord responsibilities and there are over nine years remaining in the initial term. There are ten, five year options and the lease has a corporate guarantee. The subject property is in a densely populated area with over 322,000 residents within five miles and has a projected growth rate of 17.83 percent by 2022. The median home value within one mile exceeds $235,000 and the average household income exceeds $109,000. The subject property is located near other national retail tenants including Advance Auto Parts, AutoZone, Lifetime Fitness, Kroger, HEB, Sam s Club, Walmart and Home Depot. TENANT OVERVIEW Walgreens Boots Alliance, Inc. operates as a pharmacy-led health and wellbeing company. It operates through three segments: Retail Pharmacy USA, Retail Pharmacy International, and Pharmaceutical Wholesale. The Retail Pharmacy USA segment sells prescription drugs and an assortment of general merchandise, including non-prescription drugs, beauty products, photo finishing, seasonal merchandise, greeting cards, and convenience foods through its retail drugstores and convenient care clinics. It also provides specialty pharmacy services; and manages in-store clinics. As of August 31, 2016, this segment operated 8,175 retail stores under the Walgreens and Duane Reade brands in the United States; and 7 specialty pharmacies, as well as approximately 400 in-store clinic locations. The Retail Pharmacy International segment sells prescription drugs; and health, beauty, toiletry, and other consumer products through its pharmacy-led health and beauty stores, as well as through boots.com. It is also involved in optical practice and related contract manufacturing operations. This segment operated 4,673 retail stores under the Boots, Benavides, and Ahumada in the United Kingdom, Thailand, Norway, the Republic of Ireland, the Netherlands, Mexico, and Chile; and 636 optical practices. The Pharmaceutical Wholesale segment engages in the wholesale and distribution of specialty and generic pharmaceuticals, health and beauty products, and home healthcare supplies and equipment, as well as provides related services to pharmacies and other healthcare providers. This segment operates in France, the United Kingdom, Germany, Turkey, Spain, the Netherlands, Egypt, Norway, Romania, the Czech Republic, and Lithuania. Walgreens Boots Alliance, Inc. was founded in 1901 and is based in Deerfield, Illinois. W A LG R E E N S F O R T I S N E T LE A S E

Sugar Land, TX Sugar Land is a city in Fort Bend County, Texas, United States, within the Houston The Woodlands Sugar Land metropolitan area. It is one of the most affluent and fastest-growing cities in Texas, having grown more than 158 percent between 2000 and 2010. In the time period of 2000 2007, Sugar Land also enjoyed a 46.24% job growth. As of the 2010 census, the city's population was 78,817. In 2015 the population had risen to an estimated 88,156. Founded as a sugar plantation in the early mid-20th century and incorporated in 1959, Sugar Land is the largest city and economic center of Fort Bend County. Sugar Land was ranked as one of the "Top Cities in Texas" for business relocation and expansion by both Outlook Magazine and Texas Business. Industries calling Sugar Land home are as diverse as its resident population. Like the rest of the Greater Houston area, there is a large energy industry presence, specifically petroleum exploration and refining. Sugar Land holds the headquarters to Fortune 500 company CVR Energy, Inc., Western Airways, and Nalco Champion's Energy Services division. Sugar Land also has a large number of international energy, software, engineering, and product firms. Throughout much of the 1990s, Sugar Land was one of the fastest-growing communities in the nation. The majority of Sugar Landers are white-collar and college-educated, working in Houston's energy industry. An abundance of commercial growth, with numerous low-rise office buildings, banks and high-class restaurants popping up, can be seen along both Interstate 69/U.S. Highway 59 and State Highway 6. W A LG R E E N S F O R T I S N E T LE A S E

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Sugar Land Regional Airport Imperial Park & Rec Center W A LG R E E N S F O R T I S N E T LE A S E

322,047 People Live Within 5 Miles Click Image For Online Property Map W A LG R E E N S F O R T I S N E T LE A S E

Largest Employers Methodist Sugar Land Hospital Schlumberger Fluor United Healthcare Nalco Champion First Data/Telecheck Memorial Hermann Sugar Land Tramontina USA, Inc. Average Household Income Exceeds $109,000 Within 1 Mile Click Image For Online Property Map W A LG R E E N S F O R T I S N E T LE A S E

Population 1 Mile 3 Miles 5 Miles 2017 Total Population: 15,583 103,619 322,047 2022 Population: 18,362 121,461 369,999 Pop Growth 2017-2022: 17.83% 17.22% 14.89% Average Age: 34.70 35.60 35.50 Households 2017 Total Households: 4,623 31,495 101,410 HH Growth 2017-2022: 17.95% 17.45% 15.15% Median Household Inc: $87,235 $72,286 $66,454 Avg Household Size: 3.30 3.30 3.10 2017 Avg HH Vehicles: 2.00 2.00 2.00 Housing Median Home Value: $235,162 $181,514 $176,285 Median Year Built: 2002 1997 1991 Population: 1 Mile 3 Miles 5 Miles 2022 Projection 18,362 121,461 369,999 2017 Estimate 15,583 103,619 322,047 2010 Census 14,511 93,048 282,295 Growth 2017-2022 17.83% 17.22% 14.89% Growth 2010-2017 7.39% 11.36% 14.08% 2017 Population Hispanic Origin 3,201 27,560 97,476 2017 Population by Race: White 6,064 46,880 152,341 Black 2,049 20,066 68,086 Am. Indian & Alaskan 100 686 2,621 Asian 6,955 33,430 91,395 Hawaiian & Pacific Island 18 100 308 Other 397 2,457 7,297 U.S. Armed Forces: 2 9 22 Households: 2022 Projection 5,453 36,992 116,773 2017 Estimate 4,623 31,495 101,410 2010 Census 4,269 27,909 88,170 Growth 2017-2022 17.95% 17.45% 15.15% Growth 2010-2017 8.29% 12.85% 15.02% Owner Occupied 3,410 24,581 68,752 Renter Occupied 1,213 6,915 32,658 2017 Avg Household Income $109,367 $92,859 $90,893 2017 Med Household Income $87,235 $72,286 $66,454 2017 Households by Household Inc: <$25,000 340 3,819 16,193 $25,000 - $50,000 909 6,895 22,121 $50,000 - $75,000 786 5,589 18,323 $75,000 - $100,000 567 3,878 12,007 $100,000 - $125,000 608 4,206 10,619 $125,000 - $150,000 348 2,364 6,536 $150,000 - $200,000 582 2,487 7,058 $200,000+ 485 2,257 8,550 W A LG R E E N S F O R T I S N E T LE A S E

E XC LU S I V E LY L I S T E D BY: ROBERT BENDER Managing Partner DOUG PASSON Managing Partner 248.254.3406 248.254.3407 rbender@fnlre.com dpasson@fnlre.com WALGREENS [ www.fortisnetlease.com