This document provides information on a net leased Kohl's property located in Round Lake Beach, Illinois. The 87,000 square foot property was built in 2000 and is leased by Kohl's through January 2025 with seven 5-year renewal options. Key details include an annual rent of $733,866 with escalations, investment grade tenant Kohl's rated BBB+, and strong demographics with a population of 149,413 people within 5 miles and an average household income of $94,814.

1. NET LEASED INVESTMENT OFFERING
Kohl’s
230 East Rollins Road
Beach,
Round Lake Beach, IL 60073 (Chicago MSA)
www.bouldergroup.com

2. TABLE OF CONTENTS
NET LEASED INVESTMENT OFFERING
TABLE OF CONTENTS
1) Confidentiality & Disclaimer
2) Executive Summary
3) Property Overview
4) Aerial
5) Site Plan
6) Map
7) Tenant Profile
8) Demographic Comparison Report
9) Location Overview
10) Contact Information
www.bouldergroup.com

3. CONFIDENTIALITY & DISCLAIMER
NET LEASED INVESTMENT OFFERING
CONFIDENTIALITY
CONFIDENTIALITY & DISCLAIMER
The information contained in the following Offering Memorandum is proprietary and strictly confidential. It is
intended to be reviewed only by the party receiving it from The Boulder Group and should not be made available to
any other person or entity without the written consent of The Boulder Group. This Offering Memorandum has been
prepared to provide summary, unverified information to prospective purchasers, and to establish only a preliminary
level of interest in the subject property. The information contained herein is not a substitute for a thorough due
diligence investigation. The Boulder Group has not made any investigation, and makes no warranty or
representation. The information contained in this Offering Memorandum has been obtained from sources we
believe to be reliable; however, The Boulder Group has not verified, and will not verify, any of the information
contained herein, nor has The Boulder Group conducted any investigation regarding these matters and makes no
warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All
potential buyers must take appropriate measures to verify all of the information set forth herein.
www.bouldergroup.com

4. EXECUTIVE SUMMARY
NET LEASED INVESTMENT OFFERING
EXECUTIVE SUMMARY
The Boulder Group is pleased to exclusively market for sale a single tenant net leased Kohl’s property located in the
Chicago MSA. This is a proven location for Kohl’s since 2000 and they are committed to the area as evidenced by the
recent extension of the primary term. The lease features a rental escalation in the primary term and is leased on a triple
net basis. Additionally, Kohl’s recently put approximately one million dollars into the property for an extensive renovation.
The recent renovation and lease extension solidifies Kohl’s presence at this location through January 2025. Kohl’s is rated
Investment Grade (BBB+) by Standard & Poor’s and is a leading department store retailer.
The 87,000 square foot property was built in 2000 and has 13 years remaining on the primary term of the lease. The
property is located in the primary retail trade area of Round Lake Beach. The retail trade area is anchored by Kohl’s, Wal-
Mart Supercenter, Home Depot, Regal Cinema, LA Fitness, Super Kmart, Jewel-Osco and Garden Fresh Market. The
property is located along Rollins Road, the primary east-west thoroughfare experiencing traffic volumes in excess of
28,000 vehicles per day. There are approximately 150,000 people living within five miles of the property with above
average household incomes in excess of $94,000 annually.
The original twenty year lease term began in 2000 and Kohl’s recently extended the primary term of the lease for an
additional five years through January 2025. The lease features a rental escalation in the primary term as well as seven 5-
year renewal options at escalated rents. Kohl’s is a publicly traded company on the New York Stock Exchange (KSS) with a
market capitalization of $10 Billion. Kohl’s is an investment grade rated company with a Standard & Poor’s rating of BBB+.
INVESTMENT HIGHLIGHTS
• Located within the Chicago MSA
• Committed to the location since 2000 and tenant recently
extended the lease through January 2025
• Kohl’s recently completed an extensive renovation
• Investment grade tenant (S&P: BBB+)
• No Landlord responsibilities
• Rental escalation in the primary term
• Rollins Road has traffic volumes in excess of 28,000
vehicles per day
• Average household income in excess of $94,000 within
five miles of the property
• Nearby retailers include Wal-Mart Supercenter, Home
Depot, Regal Cinema, LA Fitness, Super Kmart, Jewel-Osco
and Garden Fresh Market
www.bouldergroup.com

5. PROPERTY OVERVIEW
NET LEASED INVESTMENT OFFERING
PROPERTY OVERVIEW
Price: $12,231,100
Cap Rate: 6.00%
Rent Schedule: NOI Escalation Date
$ 733,866
$ 752,550 2/1/2020
$ 806,896 2/1/2025 (Option 1)
$ 889,978 2/1/2030 (Option 2)
$ 976,776 2/1/2035 (Option 3)
$ 1,074,453 2/1/2040 (Option 4)
$ 1,181,899 2/1/2045 (Option 5)
$ 1,300,088 2/1/2050 (Option 6)
$ 1,430,097 2/1/2055 (Option 7)
Renewal Options: Seven 5-Year with escalations
Lease Commencement Date: October 25, 2000
Lease Expiration Date: February 1, 2025
Year Built: 2000
Tenant: Kohl’s
Credit Rating: BBB+ (Standard & Poor’s)
Lease Type: NNN
Rentable Square Feet: 87,000 SF
Land Size: 7.81 acres
www.bouldergroup.com

6. AERIAL
NET LEASED INVESTMENT OFFERING
AERIAL
www.bouldergroup.com

7. SITE PLAN
NET LEASED INVESTMENT OFFERING
SITE PLAN
www.bouldergroup.com

8. MAP
NET LEASED INVESTMENT OFFERING
MAP
www.bouldergroup.com

9. TENANT PROFILE
NET LEASED INVESTMENT OFFERING
TENANT PROFILE
Kohl’s Corporation (NYSE: KSS) operates family-oriented department stores in the United States. Kohl’s stores offer
moderately priced products including; private, exclusive, and national branded apparel, footwear, and accessories for
women, men, and children; soft home products, such as sheets and pillows; and housewares targeted to middle-
income customers. Kohl’s stores generally carry a consistent merchandise assortment with some differences
attributable to regional preferences and feature quality private and exclusive brands which are found “Only at Kohl’s”
as well as national brands. Our apparel and home fashions appeal to classic, modern classic and contemporary
customers. As of May 10, 2012, it operated 1,134 stores in 49 states. The company also provides on-line shopping
through its Website Kohls.com. Kohl’s is ranked #142 on the Fortune 500 and is the 20th largest retailer in the
United States in terms of revenue. Kohl’s Corporation was founded in 1962 and is headquartered in Menomonee
Falls, Wisconsin.
Website: www.kohls.com
Number of Locations: 1,134
Stock Symbol: KSS : NYSE
Standard & Poor’s Rating: BBB+
Market Capitalization: $10 Billion
www.bouldergroup.com

10. DEMOGRAPHIC COMPARISON REPORT
NET LEASED INVESTMENT OFFERING
DEMOGRAPHIC COMPARISON REPORT
Population 3-mi. 5-mi 7-mi
Total Population 73,668 149,413 202,369
Total Households 23,141 49,784 69,317
Income
Median Household Income $78,045 $81,395 $81,196
Average Household Income $87,938 $94,814 $96,554
www.bouldergroup.com

11. LOCATION OVERVIEW
NET LEASED INVESTMENT OFFERING
LOCATION OVERVIEW
Round Lake Beach is located within Lake County, Illinois. At the time of the 2010 U.S.
Census had a population of 28,175. Lake County is located in the northeastern
corner of Illinois. According to the 2010 census, Lake County had a population of
703,462, which was an increase of 9.2% from the 2000 population. Naval Station
Great Lakes is located in the city of North Chicago in Lake County. It is the Uni
United
States Navy's Headquarters Command for training, and the Navy's only recruit
training center.
http://www.villageofroundlakebeach.com/
Chicago is the most populous city in the Midwestern United States and the third most
populous city in the United States with 2,700,000 residents. Chicago is the county
seat of Cook County, the second largest county in the United States. The Chicago
MSA is the third most populated metropolitan area in the Un United States with
9,580,567 residents. The MSA covers over 1,300 square miles and six counties. The
Chicago metropolitan area is home to the corporate headquarters of 57 Fortune
1000 companies, including Boeing, McDonald's, Motorola, Discover Financial
Services and United Airlines. Chicago is a major hub for industry, telecommunications
ices
and infrastructure and O'Hare International Airport is the second busiest airport in the
world in terms of traffic movement.
The metro is also a major financial center in North America, and is home to the largest futures exchange in the
United States, the CME Group. Chicago is third in the world on the Global Financial Centers Index which ranks
the competitiveness of financial centers based on people, business environment, market access, infrastructure
environment,
and general competitiveness.
www.cityofchicago.com
www.bouldergroup.com

12. CONTACT INFORMATION
NET LEASED INVESTMENT OFFERING
CONTACT INFORMATION
666 Dundee Road Suite 1801
Northbrook, IL 60062
Randy Blankstein Jimmy Goodman
President Partner
847.562.0003 847.562.8500
rblank@bouldergroup.com jimmy@bouldergroup.com
www.bouldergroup.com