FORMER JOE’S CRAB SHACKFAIRVIEW HEIGHTS, IL

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EMO

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(Vacant Building)

E XC L U S I V E LY L I S T E D B Y

A N D R E W I VA N KO V I C H

ASSOCIATE

andrew. ivankovich@matthews.comDIR (214) 692-2037MOB (626) 807-3586LIC # 678815 (TX)

B R A D E N C R O C K E T T

ASSOCIATE VP & Director

braden.crockett@matthews.comDIR (214) 692-2040MOB (714) 345-6206LIC # 01946071 (CA)

P At W e i b e lBROKER OF RECORDLIC # 471018266

I N V E S T M E N T S U M M A R Y

A R E A O V E R V I E W

C O N T E N T S

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S U R R O U N D I N G T E N A N T S5

I N V E S T M E N T S U M M A R Y

• Highway visibility from Interstate 64, which sees ± 63,074 average daily trips, and Highway 159, which sees ± 25,700 average daily trips

• Site is in Fairview Heights Plaza shopping center, located along the major retail corridor of the city

• A growing market that is the hub of retail trade and tourism in southwestern Illinois

• Largest retail shopping area in southern Illinois

• Highest retail sales of all municipalities in St. Clair and Madison Counties

• Located fifteen minutes from St. Louis’ financial center

• Affordable, convenient transportation to and from downtown St. Louis via MetroLink

• No municipal property tax

• Great place for families

W H Y FA I R V I E W H E I G H T S ?

W H Y T H I S P R O P E R T Y ? T H E O F F E R I N G

Property Name Vacant

Property Address 51 Ludwig Drive

Fairview Heights, IL 62208

Asking Price $700,000

Assessor’s Parcel Number 03-21-0-400-030

Zoning Commercial

Site DescriptionNumber of Stories One

Year Built / Renovated 1997 / 2002Gross Leasable Area (GLA) ± 6,914 SF

Lot Size ± 0.83 Acres (36,155 SF)

Type of Ownership NNN

Parking ± 78 Surface Spaces

Parking Ratio 7.27 : 1,000 SF

Landscaping Professional

Topography Generally Level

ConstructionFoundation Concrete Slab

Framing Wood

Exterior Masonry

Parking Surface Asphalt

Roof Pitched

FORMER JOE’S CRAB SHACK, FAIRVIEW HEIGHTS, IL | 3

PA R C E L M A P

MATTHEWS REAL ESTATE INVESTMENT SERVICES4 |

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S U R R O U N D I N G T E N A N T S

FORMER JOE’S CRAB SHACK, FAIRVIEW HEIGHTS, IL | 5

MATTHEWS REAL ESTATE INVESTMENT SERVICES

A R E A O V E R V I E W

S T. L O U I S , M I S S O U R IReferred to as the Gateway City since its establishment, St. Louis enjoys an ideal location along the western bank of the Mississippi River with access to transportation routes in all directions. It continues to be an important center of commerce and culture for the Mississippi River Basin and a major U.S. port in the State of Missouri. It is an independent city, so it is not governed by St. Louis County; however, it is the principal city of the Greater St. Louis metropolitan area.

As the largest metropolitan area in Missouri, Greater St. Louis has a strong presence of Fortune 500 company headquarters with a total of nine companies, including Express Scripts, Emerson Electric, Monsanto, Reinsurance Group of America, Ameren, Charter Communications, Peabody Energy, Graybar Electric and Centene. Other major corporations based in the area are Boeing Defense, Panera, Energizer, Purina, and Anheuser-Busch, to name a few. Greater St. Louis’ economy relies on service, manufacturing, trade, transportation of goods and tourism.

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FORMER JOE’S CRAB SHACK, FAIRVIEW HEIGHTS, IL

R E G I O N A L M A P

E C O N O M I C A N D C I T Y D E V E L O P M E N T

There have been consistent moves towards urban revitalization in the city, specifically through the restoration of Union Station and in the Washington Avenue Historic District. New residential facilities and reclaimed warehouse lofts anchored by new sports venues have appeared in the St. Louis downtown area as well; Similar restorations are underway in other neighborhoods throughout the city.

Programs such as Arch Grants, a nonprofit organization that accelerates economic development by providing $50,000 equity-free grants and pro bono support services to early-stage businesses in St. Louis, are attracting new startups to the region. Through these aggressive efforts, the city hopes to inspire the next generation of employers, civic leaders, and philanthropists. The city’s potential to become the next major tech hub is becoming more evident as it has been recognized by several tech companies.

R E S E A R C H A N D M E D I C I N E

Healthcare has emerged as a major industry in the backbone of the local economy, establishing St. Louis as a center for biotechnology and medicine. St. Louis is known for its growing medical, pharmaceutical and research presence. With the campuses of two national research universities, Washington University in St. Louis and St. Louis University, the city has numerous resources at its disposal in the fields of medical research.

Washington University’s School of Medicine is affiliated with Barnes-Jewish Hospital, which is the fifth largest hospital in the world, and St. Louis Children’s Hospital, one of the top pediatric hospitals in the country. The School of Medicine has been ranked among the top 10 medical schools.

WASHINGTON UNIVERSITY ST. LOUIS

Subject Property

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MATTHEWS REAL ESTATE INVESTMENT SERVICES

T O P E M P L O Y E R S

1 BJC HealthCare

2 Wal-Mart Stores Inc.

3 SSM Health

4 Washington University in St. Louis

5 Boeing Defense, Space & Security

Employer

# of Employees

AIR TRAVELSt. Louis is served by two airports: Lambert St. Louis International Airport and MidAmerica St. Louis Airport. Lambert is 11 miles northwest of downtown, serving as a focus hub city for Southwest Airlines. With over 255 daily departures to domestic and international locations and a total of over 13 million passengers, Lambert is the largest and busiest airport in the state.

MidAmerica is a secondary passenger airport located 17 miles east of the city downtown core. Serving the metropolitan area’s domestic passengers, MidAmerica is currently served by Allegiant Air and has been seeing an exponential increase in annual passengers, reaching a record number of over 133,000 passengers in 2016.

GATEWAY TRANSPORTATION CENTERThe Gateway Transportation Center is the city of St. Louis’ state-of-the-art multimodal transportation hub. Conveniently located in the heart of downtown St. Louis, it is where Amtrak, the Greyhound bus, and MetroLink and MetroBus converge.

River transportation is available through the Port of St. Louis, which is the second largest inland port by trip-ton miles. Handling more than 32 million tons of freight annually, the port has access to twenty-nine industrial centers with a population of 90 million. The city of St. Louis Municipal River Terminal, just north of downtown, is a 40-acre general purpose, public facility with a recently built dock.

PORT AUTHORITY

Consisting of two lines operating on a double track, MetroLink is the light rail transit system in the Greater St. Louis area of Missouri and the Metro East area of Illinois. The system features 37 stations and carries an average of 53,123 passengers each weekday; It is the 11th-largest light rail system in the country and the second largest in the Midwestern United States.

METROLINK

MetroBus is the local bus service in St. Louis with more than 75 routes connecting to MetroLink commuter transit and stops in the city region. It is managed by the Bi-State Development Agency and uses a shared fare system with the MetroLink system.

METROBUS

G E T T I N G A R O U N D

# Employer

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PORT AUTHORITY

FORMER JOE’S CRAB SHACK, FAIRVIEW HEIGHTS, IL

FA I R V I E W H E I G H T S , I L L I N O I SJust thirteen miles east of St. Louis, Missouri, Fairview Heights is a growing southwestern Illinois community in St. Clair County that offers all the advantages of a St. Louis Metro location. Referred to as the Eastern Gateway to the St. Louis metropolitan area, Fairview Heights has easy access to and from downtown St. Louis via MetroLink, which provides fast, reliable and inexpensive transportation.

As the center of retail trade and tourism for southwestern Illinois, Fairview Heights is home to St. Clair Square, a 1.1 million square foot super-regional mall with 140 retail outlets, and several other shopping plazas. The local economy is heavily influenced by retail industries, tourism and nearby Scott Air Force Base. Fairview Heights itself has the highest retail sales of all municipalities in St. Clair County and neighboring Madison County. Meanwhile, Scott Air Force Base, which is an estimated 5 miles east of the city, has an annual economic impact in excess of $3.2 billion; Numerous major military organizations are headquartered there.

Over 205 acres of land have been set aside to provide residents with a variety of recreational activities and events such as the city’s annual “Midwest Salute to the Arts Festival of Fine Art”, held at their ninety-acre Longacre Park. Each year, thousands of people visit Fairview Heights for this festival to view exhibits displaying the works of more than one hundred regional and national artists.

D E M O G R A P H I C S

POPULATION 1-Mile 3-Mile 5-Mile

2022 Projection 3,295 32,070 110,209

2017 Estimate 3,325 31,770 110,522

2010 Census 3,342 30,805 110,750

2000 Census 2,723 24,661 98,616

HOUSEHOLD 1-Mile 3-Mile 5-Mile

2022 Projection 1,449 13,145 44,904

2017 Estimate 1,463 13,008 44,941

2010 Census 1,473 12,581 44,773

INCOME 1-Mile 3-Mile 5-Mile

2017 Est. Average Household Income

$76,770 $79,811 $76,353

D E V E L O P M E N TOnce productive farmland, Fairview Heights has become a thriving community largely due to the formation of a government focused on working for the betterment of residents and businesses. With approximately 3.5 million square feet of commercial space in the vicinity of downtown St. Louis and the absence of municipal property taxes, Fairview Heights is an ideal location for businesses to prosper and grow.

Programs and services designed to meet the needs of the public, along with several advisory boards and volunteer groups, have increased the city’s desirability as a place to live, work and shop. The successful implementation of these forward-looking initiatives yielded the completion of 94 residential and business energy efficiency projects between Q2 of 2015 and Q1 of 2016 and a MetroBikeLink trail that runs adjacent to the MetroLink rail tracks, among other projects. Fairview Heights has been recognized for these achievements through its selection by Ameren Illinois as a 2016 Progressive City. In acknowledgment of the award, the city received a grant toward a community-related project.

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MATTHEWS REAL ESTATE INVESTMENT SERVICES

L A N D M A R K S

ST. LOUIS GATEWAY ARCH

FOREST PARK

BUSCH STADIUM

Built at the site of St. Louis’ founding on the west bank of the Mississippi River, the Gateway Arch is a 630-foot monument commemorating the westward expansion of the United States. Clad in stainless steel and built in the form of an inverted, weighted catenary arch, it is the world’s tallest arch and the tallest man-made monument in the western hemisphere. It is the centerpiece of the Jefferson Expansion Memorial.

Owned and operated by the City of St. Louis, Forest Park is one of 105 city parks under the jurisdiction of the Department of Parks, Recreation and Forestry. It is one of the largest urban parks in the country, at 500-acres larger than Central Park. With more than 12 million visitors a year, it’s home to the region’s major cultural institutions: the Zoo, Art Museum, History Museum, Science Center and the Muny Opera.

Busch Stadium is the baseball park that is home of the St. Louis Cardinal’s, the city’s Major League Baseball (MLB) franchise. Fans can tour the stadium and gain an inside look at the home of the Cardinals. The stadium features an adjacent commercial area dubbed Ballpark Village, which is a dining and entertainment district consisting of over 150,000 square feet of retail shops, restaurants, and entertainment venues.

MISSOURI BOTANICAL GARDEN

SAINT LOUIS ZOO

ANHEUSER-BUSCH BREWERY

Offering 79-acres of beautiful horticultural display, the Missouri Botanical Garden is the nation’s oldest botanical garden in continuous operation. This urban oasis is also a National Historic Landmark that has been in operation for over 158 years. As a center for botanical research and science education, the Missouri Botanical Garden seeks to protect and conserve plants and their ecosystems.

Seeing more than 3 million annual visitors, the Saint Louis Zoo has been voted America’s Top Free Attraction. It is renowned for its innovative approaches to animal management, wildlife conservation, research and education. With more than 15,000 animals in its care, the Saint Louis Zoo has naturalistic exhibits displaying its diverse collection of species, many of which are rare and endangered.

Located in St. Louis’ historic Soular neighborhood, the Anheuser-Busch Brewery offers visitors a trip back in time as they walk through its halls. The St. Louis brewery boasts an array of signature tours and attractions, such as The Biergarten, the Beermaster Tour and the Day Fresh Tour. A truly unique space, The Biergarten offers a charming view of an urban landscape that can be enjoyed with Anheuser Busch’s premium beers.

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FORMER JOE’S CRAB SHACK, FAIRVIEW HEIGHTS, IL | 11

This Offer ing Memorandum contains select informat ion pertaining to the business and af fa i rs of Former Joe’s Crab Shack located at 51 Ludwig Drive, Fairview Heights, IL 92506 (“Property”) . I t has been prepared by Matthews Retai l Advisors. This Offer ing Memorandum may not be al l - inclusive or contain a l l of the informat ion a prospect ive purchaser may desire. The informat ion contained in th is Offer ing Memorandum is conf ident ia l and furnished solely for the purpose of a review by a prospect ive purchaser of the Property. I t is not to be used for any other purpose or made avai lable to any other person without the wri t ten consent of Sel ler or Matthews Retai l Advisors. The mater ia l is based in part upon informat ion suppl ied by the Sel ler and in part upon f inancial informat ion obtained from sources i t deems rel iable. Owner, nor their of f icers , employees, or agents makes any representat ion or warranty, express or impl ied, as to the accuracy or completeness of th is Offer ing Memorandum or any of i ts contents and no legal l iabi l i ty is assumed or shal l be impl ied with respect thereto. Prospect ive purchasers should make their own project ions and form their own conclusions without rel iance upon the mater ia l contained herein and conduct their own due di l igence.

By acknowledging your receipt of th is Offer ing Memorandum for the Property, you agree:

1 . The Offer ing Memorandum and i ts contents are conf ident ia l ;

2 . You wi l l hold i t and treat i t in the str ictest of conf idence; and

3. You wi l l not , d i rect ly or indirect ly, d isclose or permit anyone else to disclose this Offer ing Memorandum or i ts contents in any fashion or manner detr imental to the interest of the Sel ler.

Owner and Matthews Retai l Advisors expressly reserve the r ight , at their sole discret ion, to reject any and al l expressions of interest or of fers to purchase the Property and to terminate discussions with any person or ent i ty reviewing this Offer ing Memorandum or making an of fer to purchase the Property unless and unt i l a wr i t ten agreement for the purchase and sale of the Property has been ful ly executed and del ivered.

I f you wish not to pursue negot iat ions leading to the acquis i t ion of the Property or in the future you discont inue such negot iat ions, then you agree to purge al l mater ia ls relat ing to th is Property including this Offer ing Memorandum.

A prospect ive purchaser ’s sole and exclusive r ights with respect to th is prospect ive t ransact ion, the Property, or informat ion provided herein or in connect ion with the sale of the Property shal l be l imited to those expressly provided in an executed Purchase Agreement and shal l be subject to the terms thereof. In no event shal l a prospect ive purchaser have any other c la ims against Sel ler or Matthews Retai l Advisors or any of their af f i l iates or any of their respect ive of f icers , Directors , shareholders, owners, employees, or agents for any damages, l iabi l i ty, or causes of act ion relat ing to th is sol ic i tat ion process or the market ing or sale of the Property.

This Offer ing Memorandum shal l not be deemed to represent the state of af fa i rs of the Property or const i tute an indicat ion that there has been no change in the state of af fa i rs of the Property s ince the date this Offer ing Memorandum.

C O N F I D E N T I A L I T Y & D I S C L A I M E R S TAT E M E N T

JOE’S CRAB SHACK, FAIRVIEW |HEIGHTS, IL

E XC L U S I V E LY L I S T E D B Y

P at W e i b e l

A N D R E W I VA N KO V I C H

B R A D E N C R O C K E T T

ASSOCIATE

ASSOCIATE VP & DIRECTOR

andrew. ivankovich@matthews.comDIR (214) 692-2037MOB (626) 807-3586LIC # 678815 (TX)

braden.crockett@matthews.comDIR (214) 692-2040MOB (714) 345-6206LIC # 01946071 (CA)

BROKER OF RECORDLIC # 471018266

FORMER JOE’S CRAB SHACKFAIRVIEW HEIGHTS, IL

™

(VACANT BUILDING)