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Offering Memorandum Tenant: Wade Trim 25251 Northline RoadTaylor, Michigan 48180Click Here to See Aerial View of Property

DISCLAIMER: The information contained in this Offering Memorandum has been secured from sources we believe to be reliable. However, we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage, area size or age are approximate. A buyer must verify all information and bears all risk for any inaccuracies contained herein.2ContactsBILL VOGELPresidentwvogel@vogeladvisors.com(248) 541-2400MI License # 65-02-356826J. TREVOR DANIELVice President - Corporate Servicestdaniel@vogeladvisors.com(248) 541-2400MI License # 65-01-420448

DISCLAIMER: The information contained in this Offering Memorandum has been secured from sources we believe to be reliable. However, we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage, area size or age are approximate. A buyer must verify all information and bears all risk for any inaccuracies contained herein.CondentialityThe information contained in this Offering Memorandum is proprietary and strictly condential. It is intended to be reviewed only by the party receiving it from Vogel Advisors or Sands Investment Group (the “Brokers”), and should not be made available to any other person or entity without the written consent of the Brokers.Non-Endorsement NoticeThe Brokers are not afliated with, sponsored by, or endorsed by any commercial tenant or lessee identied in this Offering Memorandum. The presence of any corporation’s logo or name is not intended to indicate or imply afliation with, or sponsorship or endorsement by, said corporation of the Brokers, its afliates or subsidiaries, or any agent, product, service or commercial listing of Broker, and is solely included in this Offering Memorandum for the purpose of providing information about tenants, their customers, and indications of other businesses in the surrounding market to prospective buyers.DisclaimerThis Offering Memorandum has been prepared to provide summary, unveried information to prospective qualied purchasers, and to establish only a preliminary level of interest in the subject property described herein. The information contained herein is not a substitute for a thorough due diligence investigation. The Brokers have not made any investigation, and make no warranty or representation, with respect to: 1) the income or expenses of the subject property; 2) the future projected nancial performance of the subject property; 3) the size and square footage of the subject property and its improvements; 4) the presence or absence of contaminating substances, PCBs or asbestos; 5) the subject property’s compliance with State and Federal regulations; 6) the physical condition of the improvements present on the subject property; 7) the nancial condition or business prospects of any tenant; or, 8) any tenant’s plans or intentions to continue its occupancy of the subject property.The information contained in this Offering Memorandum has been obtained from sources the Brokers believe to be reliable; however, the Brokers have not veried, and will not verify, any of the information contained herein, nor have the Brokers conducted any investigation regarding these matters and makes no warranty or representation whatsoever, expressed or implied, regarding the accuracy or completeness of the information contained herein. References to square footage, area size or age are approximate. ALL POTENTIAL BUYERS MUST TAKE APPROPRIATE MEASURES TO VERIFY ALL INFORMATION SET FORTH HEREIN, AND BEAR ALL RISK FOR ALL CONTRACT AND INVESTMENT DECISIONS.3

DISCLAIMER: The information contained in this Offering Memorandum has been secured from sources we believe to be reliable. However, we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage, area size or age are approximate. A buyer must verify all information and bears all risk for any inaccuracies contained herein.01 Executive Summary Page - 502 Aerials & Site Plan Page - 1003 Lease Abstract Page - 1304 Tenant Overview Page - 1505 About Taylor Page - 174Table of Contents

DISCLAIMER: The information contained in this Offering Memorandum has been secured from sources we believe to be reliable. However, we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage, area size or age are approximate. A buyer must verify all information and bears all risk for any inaccuracies contained herein.501ExecutiveSummary

6DISCLAIMER: The information contained in this Offering Memorandum has been secured from sources we believe to be reliable. However, we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage, area size or age are approximate. A buyer must verify all information and bears all risk for any inaccuracies contained herein.Key DataProperty Address: 25251 Northline Road Taylor, MI 48180Building Size: 37,347 square feetParcel Size: 4.43 acresYear Built: 1998Roof: MetalHVAC: New in 2025Power: Natural gas full-building backup generatorLease Term Remaining: 13+ yearsLease Type: NNNYear 1 NOI: $506,649Asking Cap Rate: 6.37%Asking Price: $7,950,000.00942427575

\\\ Long-term NNN lease Tenant recently re-committed to building for additional 10 years. More than 13 years remaining in current term.\\\ Trophy Asset Recent lease renewal terms include landlord contribution for new parking lot and HVAC system. Wade Trim has also committed to renovate the interior, bringing the property to as-new condition.\\\ Purpose-Built Asset The building was purpose-built for Wade Trim to serve as the company’s headquarters in 1997. Wade Trim has been the building’s only occupant.\\\ Nationally Recognized Tenant with  DiversiedServiceOfferings WadeTrimisacentury-oldcompanywith22ofces in 9 states. Their professional services include civil engineering, planning, surveying, landscape architecture and environmental science services. Thermposted2023incomeofmorethan  $135 million.\\\ Excellent Suburban Location Within 10-minute drive: DTW / I-94 / I-275 Within 25-minute drive: Downtown Detroit / Ann Arbor / 3 international crossings to CanadaInvestment HighlightsDISCLAIMER: The information contained in this Offering Memorandum has been secured from sources we believe to be reliable. However, we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage, area size or age are approximate. A buyer must verify all information and bears all risk for any inaccuracies contained herein.7Click Here to See Aerial View of Property

Investment Performance8DISCLAIMER: The information contained in this Offering Memorandum has been secured from sources we believe to be reliable. However, we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage, area size or age are approximate. A buyer must verify all information and bears all risk for any inaccuracies contained herein. PRICE $7,950,000 CAP RATE 6.37% PRICE PER SF $212.87 YEAR 1 NOI $506,649.36 YEAR 1 INCOME PSF $13.57 FINANCIAL OVERVIEWPRO FORMA INVESTMENT PERFORMANCE**Pro forma loan terms provided by Bernard Financial GroupDanDuggan,VicePresident-dduggan@bernardnancial.com-(248)799-9200 LOAN-TO-COST 50.00% STARTING DEBT $3,975,000 STARTING DEBT - PSF $106.43 EQUITY $3,975,000 INTEREST RATE 6.75% LOAN AMORTIZATION 25 years ENDING DEBT (after Year 10) $2,971,624.96 ENDING DEBT - PSF $79.57 AVERAGE LEVERAGED RETURN 6.32%

Annual Operating Data9DISCLAIMER: The information contained in this Offering Memorandum has been secured from sources we believe to be reliable. However, we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage, area size or age are approximate. A buyer must verify all information and bears all risk for any inaccuracies contained herein. 1 $506,649.36 $13.57 -- 2 $519,315.60 $13.91 2.50% 3 $532,298.52 $14.25 2.50% 4 $545,605.92 $14.61 2.50% 5 $559,246.08 $14.97 2.50% 6 $573,227.50 $15.35 2.50% 7 $587,557.92 $15.73 2.50% 8 $602,246.88 $16.13 2.50% 9 $617,303.16 $16.53 2.50% 10 $632,735.64 $16.94 2.50% 11 $648,554.04 $17.37 2.50% 12 $664,767.96 $17.80 2.50% 13 $681,387.12 $18.24 2.50%YEAR INCOME RENT PSF INCREASE

DISCLAIMER: The information contained in this Offering Memorandum has been secured from sources we believe to be reliable. However, we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage, area size or age are approximate. A buyer must verify all information and bears all risk for any inaccuracies contained herein.1002Aerials & Site Plan

11DISCLAIMER: The information contained in this Offering Memorandum has been secured from sources we believe to be reliable. However, we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage, area size or age are approximate. A buyer must verify all information and bears all risk for any inaccuracies contained herein.

12DISCLAIMER: The information contained in this Offering Memorandum has been secured from sources we believe to be reliable. However, we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage, area size or age are approximate. A buyer must verify all information and bears all risk for any inaccuracies contained herein.2nd FloorMain Floor

DISCLAIMER: The information contained in this Offering Memorandum has been secured from sources we believe to be reliable. However, we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage, area size or age are approximate. A buyer must verify all information and bears all risk for any inaccuracies contained herein.1303Lease Abstract

Tenant: Tenant: Wade Trim Group, IncLease Termination Date: August 31, 2037Lease Structure: NNNRent incl. Management Fee: $42,220.78 per month / $506,649.36 per year (beginning 9/1/2024)14DISCLAIMER: The information contained in this Offering Memorandum has been secured from sources we believe to be reliable. However, we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage, area size or age are approximate. A buyer must verify all information and bears all risk for any inaccuracies contained herein.Lease AbstractNet Lease: §3.05 - Except costs and expenses to be paid by Landlord pursuant to the terms of this Lease or the costs to repair any damages to the Premises caused by Landlord, its employees, Agents and representatives or contractors, the Lease shall be deemed and construed to be a fully “net lease” and Tenant shall pay to Landlord, absolutely net throughout the Term, all Rent free of any charges assessments, impositions or deductions of any kinds and without abatement, deduction or setoff whatsoever in the matter set out above for payment of Base Rent, and under no circumstances or conditions, whether now existing or hereafter arising, or whether beyond the present contemplation of the parties, shall Landlord be expected or required to make any payment of any kind whatsoever relating to the Premises or be under any other obligation or liability here under or otherwise except as herein otherwise expressly set forth. §8.0ExceptasexpresslyprovidedinSections6,7,and8ofthisAmendment,Landlordshallhavenonancialorotherobligationsforthepaymentorperformance of the New Capital Improvements or New Alterations notwithstanding anything set forth in the Lease to the contrary. Landlord’s obligations undertheLeasewithrespecttoother“CapitalImprovements”asdenedinSection7.03oftheLeasewillremainineffectinaccordancewiththetermsandconditions of the Lease. §8.1Fortheavoidanceofdoubt,LandlordwillhavenonancialorotherobligationsforanyfuturerepairorreplacementoftheNewCapitalImprovementsor New Alterations made by Tenant under Sections 6 and 7 of this Amendment; except, with respect to the New HVAC System only, if a Capital Improvement is required after the ten (10) year anniversary of the date of “substantial completion” of the New HVAC System and all of the “Landlord Contribution Requirements”havebeensatised,thentheCapitalImprovementwillbemadesubjecttocontributionfromLandlordofitsshareofthecostthereofasotherwise set forth in Section 7.03 of the Lease.Tenants §21.02 (a) – “Commercial General Liability Insurance including Contractual Liability Insurance coverage covering Tenant’s operations in the Premises, with combinedsinglelimitsofnotlessthanFiveMillionDollars($5,000,000)peroccurrenceforbodilyinjuryorpropertydamage,namingtheLandlord(anditsmembers,managers,agentsandafliates)andLandlord’sMortgageeasadditionalinsureds.Suchinsuranceshallbeprimarytoandnotcontributorytoanysimilar insurance carried by Landlord, and shall contain a severability of interest clause.” (b) “All Risk insurance upon the Building and improvements on the Premises, with coverage for perils as set forth on the Causes of Loss-Special From, in the amount of not less than eighty percent (80%) of the full replacement cost of the Premises (“Casualty Insurance”). Landlord shall be the loss payee under such Casualty Insurance. (c) “Tenant, at its expense, shall obtain and maintain insurance covering all of the Tenant’s Personal Property in such amounts and with such converges as deemed necessary by Tenant, together with insurance against sprinkler damage, vandalism and malicious mischief, and water damage (from roof leakage, ground water, or otherwise). It is expressly understood and agreed that none of the items to be insured by Tenant hereunder shall be insured by Landlord, nor shall Landlord be required to reinstall, reconstruct or repair any such items. Any policy proceeds shall be used for the repair or replacement of the property damaged or destroyed, unless this Lease shall cease and terminate under the provisions of Article 14 hereof.Annual Escalations: 2.50%Optional Renewal Periods: Two 5-year options to renew - §2.05Option Notice Deadline: 12 months prior to LTD - §2.05Lease Option Pricing: Fair market rent - §2.05(c)Right of First Offer: NoneAmendment - Landlord New Capital ImprovementsTenantsInsurance:

DISCLAIMER: The information contained in this Offering Memorandum has been secured from sources we believe to be reliable. However, we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage, area size or age are approximate. A buyer must verify all information and bears all risk for any inaccuracies contained herein.1504Tenant Overview

Wade Trim is a nationally recognized civil engineering rmheadquarteredinSoutheastMichigan.Foundedin1926, they have a long history of serving municipalities and addressing a wide variety of infrastructure needs. Examplesofpastprojectsincluderoads,wastesystems,weather drains, and power. Other services offered include planning and construction for public landscapes, as well as surveys and legal description prep.WadeTrimoperates22ofcesacross9statesinmultiplegeographic regions of the U.S. Revenue from 2023 across all business units came to $135 million, and the company is growing. Further, unique to Wade Trim, they are 100% employee-owned. This ownership program has grown to include over 200 internal stockholders, and promotes a strong work culture.About Wade TrimDISCLAIMER: The information contained in this Offering Memorandum has been secured from sources we believe to be reliable. However, we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage, area size or age are approximate. A buyer must verify all information and bears all risk for any inaccuracies contained herein.16

DISCLAIMER: The information contained in this Offering Memorandum has been secured from sources we believe to be reliable. However, we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage, area size or age are approximate. A buyer must verify all information and bears all risk for any inaccuracies contained herein.1705About Taylor

The City of Taylor, Michigan is a close-in suburb of metropolitan Detroit in the Downriver region that offers a unique combination of leisure and urban development. The city’s 24 square-miles includes world-class sports training facilities, a variety of shopping and dining options, and multiple public parks.Taylor sits along Interstate 94 and Telegraph Road (US-24) with easy access to downtown Detroit, Ann Arbor, and Interstate 75 to Ohio and other metropolitan Detroit suburbs. Taylor is located within 5 miles of the Detroit-Wayne County Metropolitan Airport (DTW), and within 15 miles of three international crossings to Canada, including the new Gordy Howe International Bridge.Taylor, MichiganDISCLAIMER: The information contained in this Offering Memorandum has been secured from sources we believe to be reliable. However, we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage, area size or age are approximate. A buyer must verify all information and bears all risk for any inaccuracies contained herein.18TO CANADAANNARBORSeveral institutions of higher learning have campuses within a 30-minute drive of Taylor, allowing for excellent access to a diverse and highly educated workforce. These include The University of Michigan, Eastern Michigan University, Lawrence Technological University, Madonna University, and Wayne State University.DETROIT

DISCLAIMER: The information contained in this Offering Memorandum has been secured from sources we believe to be reliable. However, we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage, area size or age are approximate. A buyer must verify all information and bears all risk for any inaccuracies contained herein.19ContactsBILL VOGELPresidentwvogel@vogeladvisors.com(248) 541-2400MI License # 65-02-356826J. TREVOR DANIELVice President - Corporate Servicestdaniel@vogeladvisors.com(248) 541-2400MI License # 65-01-420448