Goodwill

Investment Overview

Investment Highlights

• Attractive Yield: Offered at a 7.75% cap rate with ~$151K NOI, providing strong in-place cash flow
• Corporate-Backed Tenant: Lease guaranteed by Goodwill, a nationally recognized operator with over 4,000 locations and $7B+ in revenue
• Recession-Resilient Use: Essential, needs-based retail with consistent traffic driven by donation and resale model
• Minimal Landlord Responsibilities: NN lease structure with tenant covering majority of expenses, reducing ownership burden
• Strong Real Estate Fundamentals: 21,712 SF building on 1.92 acres with ample parking and functional layout
• High Visibility Location: Positioned on a heavily trafficked corridor with excellent frontage and accessibility
• Value-Add Potential: Below replacement cost (~$90/SF) with future repositioning or redevelopment upside
• Dense Retail Corridor: Surrounded by national retailers and strong consumer traffic drivers. (see aerials on pages 5–6)
• Accessible Midwest Market: Located in Toledo with a population of ~170K within 5 miles and solid household incomes