Funeral Home north of Clay Terrace 1621 Greyhound Pass, Carmel, IN 46032

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Funeral Home north of Clay Terrace 1621 Greyhound Pass, Carmel, IN 46032 gregg boyd GREGG BOYD, INC REALTORS & DEVELOPERS 865 West Carmel Drive,Suite 112, Carmel, IN 46032 gb@greggboyd.com (317) 843-1800

Funeral Home north of Clay Terrce $1,190,000 Building was totally remodeled and added on for a Full Funeral Home. Difficult to acquire zoning for Special Purpose, Funeral Hm. Highly desirable location, off US 31 at 146th. 1621 Greyhound Pass Price: $1,190,000 Building Size: 4,200 SF Price/SF: $283.33 Property Type: Property Sub-type: Special Purpose Special Purpose (Other) Property Use Type: Net Lease Investment with 3 years left on lease Commission Split: 3% Cap Rate: 7.25% Occupancy: 100% No. Stories: 1

Financial Summary AnalysisType Actual Year 2016 Scheduled Gross Income $60,000 Effective Gross Income $60,000 Operating Expenses $0 Net Operating Income $60,000 Major Tenant Information Tenant SF Occupied Lease Expired Bussell Funeral Home 4200 9/1/2019 1621 Greyhound Pass, Carmel, IN 46032 On Greyhound Pass, across street from Barnes & Noble, just South of Target store.

Property Photos Photo taken from S. property line looking North at subject Street scene from front door of Greyhound Pass, looking here at Barnes and Noble.

Demographics Population 1-mi. 3-mi. 5-mi. 2015 Male Population 2,550 30,279 60,882 2015 Female Population 2,588 31,987 64,014 % 2015 Male Population 49.63% 48.63% 48.75% % 2015 Female Population 50.37% 51.37% 51.25% 2015 Total Population: Adult 3,805 45,909 90,701 2015 Total Daytime Population 8,789 84,649 147,093 2015 Total Employees 6,257 53,555 82,485 2015 Total Population: Median Age 36 37 38 2015 Total Population: Adult Median Age 46 47 48 2015 Total population: Under 5 years 337 3,927 7,934 2015 Total population: 5 to 9 years 366 4,648 9,968 2015 Total population: 10 to 14 years 400 5,126 10,809 2015 Total population: 15 to 19 years 379 4,535 9,211 2015 Total population: 20 to 24 years 296 3,465 5,788 2015 Total population: 25 to 29 years 347 3,482 5,744 2015 Total population: 30 to 34 years 354 4,185 7,672 2015 Total population: 35 to 39 years 362 4,101 8,520 2015 Total population: 40 to 44 years 414 4,869 10,257 2015 Total population: 45 to 49 years 386 4,857 10,042 2015 Total population: 50 to 54 years 420 4,993 9,993 2015 Total population: 55 to 59 years 396 4,162 8,163 2015 Total population: 60 to 64 years 261 3,135 6,702 2015 Total population: 65 to 69 years 181 2,309 5,083 2015 Total population: 70 to 74 years 79 1,504 3,329 2015 Total population: 75 to 79 years 81 1,040 2,234 2015 Total population: 80 to 84 years 41 774 1,642 2015 Total population: 85 years and over 38 1,154 1,805 % 2015 Total population: Under 5 years 6.56% 6.31% 6.35% % 2015 Total population: 5 to 9 years 7.12% 7.46% 7.98% % 2015 Total population: 10 to 14 years 7.79% 8.23% 8.65% % 2015 Total population: 15 to 19 years 7.38% 7.28% 7.37% % 2015 Total population: 20 to 24 years 5.76% 5.56% 4.63% % 2015 Total population: 25 to 29 years 6.75% 5.59% 4.60% % 2015 Total population: 30 to 34 years 6.89% 6.72% 6.14% % 2015 Total population: 35 to 39 years 7.05% 6.59% 6.82% % 2015 Total population: 40 to 44 years 8.06% 7.82% 8.21% % 2015 Total population: 45 to 49 years 7.51% 7.80% 8.04% % 2015 Total population: 50 to 54 years 8.17% 8.02% 8.00% % 2015 Total population: 55 to 59 years 7.71% 6.68% 6.54% % 2015 Total population: 60 to 64 years 5.08% 5.03% 5.37% % 2015 Total population: 65 to 69 years 3.52% 3.71% 4.07% % 2015 Total population: 70 to 74 years 1.54% 2.42% 2.67% % 2015 Total population: 75 to 79 years 1.58% 1.67% 1.79%

Demographics Population (Cont.) 1-mi. 3-mi. 5-mi. % 2015 Total population: 80 to 84 years 0.80% 1.24% 1.31% % 2015 Total population: 85 years and over 0.74% 1.85% 1.45% 2015 White alone 4,525 55,460 108,031 2015 Black or African American alone 210 1,817 3,693 2015 American Indian and Alaska Native alone 9 121 215 2015 Asian alone 156 2,801 8,863 2015 Native Hawaiian and OPI alone 3 28 43 2015 Some Other Race alone 161 837 1,520 2015 Two or More Races alone 74 1,202 2,531 2015 Hispanic 295 2,378 4,613 2015 Not Hispanic 4,843 59,888 120,283 % 2015 White alone 88.07% 89.07% 86.50% % 2015 Black or African American alone 4.09% 2.92% 2.96% % 2015 American Indian and Alaska Native alone 0.18% 0.19% 0.17% % 2015 Asian alone 3.04% 4.50% 7.10% % 2015 Native Hawaiian and OPI alone 0.06% 0.04% 0.03% % 2015 Some Other Race alone 3.13% 1.34% 1.22% % 2015 Two or More Races alone 1.44% 1.93% 2.03% % 2015 Hispanic 5.74% 3.82% 3.69% % 2015 Not Hispanic 94.26% 96.18% 96.31% 2015 Not Hispanic: White alone 4,054 38,033 71,281 2015 Not Hispanic: Black or African American alone 49 500 885 2015 Not Hispanic: American Indian and Alaska Native alone 8 55 94 2015 Not Hispanic: Asian alone 110 1,229 2,453 2015 Not Hispanic: Native Hawaiian and OPI alone n/a 13 16 2015 Not Hispanic: Some Other Race alone 5 73 101 2015 Not Hispanic: Two or More Races 29 315 684 % 2015 Not Hispanic: White alone 90.67% 92.54% 92.72% % 2015 Not Hispanic: Black or African American alone 1.10% 1.22% 1.15% % 2015 Not Hispanic: American Indian and Alaska Native alone 0.18% 0.13% 0.12% % 2015 Not Hispanic: Asian alone 2.46% 2.99% 3.19% % 2015 Not Hispanic: Native Hawaiian and OPI alone 0.00% 0.03% 0.02% % 2015 Not Hispanic: Some Other Race alone 0.11% 0.18% 0.13% % 2015 Not Hispanic: Two or More Races 0.65% 0.77% 0.89% Population Change 1-mi. 3-mi. 5-mi. Total: Employees (NAICS) n/a n/a n/a Total: Establishements (NAICS) n/a n/a n/a 2015 Total Population 5,138 62,266 124,896 2015 Households 1,914 23,343 45,324

Demographics Population Change (Cont.) 1-mi. 3-mi. 5-mi. Population Change 2010-2015 626 6,763 13,413 Household Change 2010-2015 229 2,334 4,402 % Population Change 2010-2015 13.87% 12.18% 12.03% % Household Change 2010-2015 13.59% 11.11% 10.76% Population Change 2000-2015 667 21,165 48,022 Household Change 2000-2015 400 8,647 17,841 % Population Change 2000 to 2015 14.92% 51.50% 62.47% % Household Change 2000 to 2015 26.42% 58.84% 64.92% Housing 1-mi. 3-mi. 5-mi. 2015 Housing Units 1,605 15,365 28,535 2015 Occupied Housing Units 1,514 14,696 27,483 2015 Owner Occupied Housing Units 1,235 10,858 22,543 2015 Renter Occupied Housing Units 279 3,838 4,940 2015 Vacant Housings Units 91 669 1,052 % 2015 Occupied Housing Units 94.33% 95.65% 96.31% % 2015 Owner occupied housing units 81.57% 73.88% 82.03% % 2015 Renter occupied housing units 18.43% 26.12% 17.97% % 2000 Vacant housing units 5.67% 4.35% 3.69% Income 1-mi. 3-mi. 5-mi. 2015 Household Income: Median $95,788 $90,256 $93,649 2015 Household Income: Average $117,688 $115,450 $121,371 2015 Per Capita Income $43,927 $43,628 $44,310 2015 Household income: Less than $10,000 79 752 1,205 2015 Household income: $10,000 to $14,999 9 386 811 2015 Household income: $15,000 to $19,999 20 543 985 2015 Household income: $20,000 to $24,999 70 819 1,456 2015 Household income: $25,000 to $29,999 38 624 1,098 2015 Household income: $30,000 to $34,999 51 779 1,386 2015 Household income: $35,000 to $39,999 43 801 1,552 2015 Household income: $40,000 to $44,999 66 858 1,676 2015 Household income: $45,000 to $49,999 84 735 1,395 2015 Household income: $50,000 to $59,999 107 1,251 2,540 2015 Household income: $60,000 to $74,999 158 2,209 4,252 2015 Household income: $75,000 to $99,999 279 3,137 5,772 2015 Household income: $100,000 to $124,999 329 3,297 6,110 2015 Household income: $125,000 to $149,999 195 2,242 4,303 2015 Household income: $150,000 to $199,999 161 2,146 4,691 2015 Household income: $200,000 or more 225 2,764 6,092 % 2015 Household income: Less than $10,000 4.13% 3.22% 2.66% % 2015 Household income: $10,000 to $14,999 0.47% 1.65% 1.79%

Demographics Income (Cont.) 1-mi. 3-mi. 5-mi. % 2015 Household income: $15,000 to $19,999 1.04% 2.33% 2.17% % 2015 Household income: $20,000 to $24,999 3.66% 3.51% 3.21% % 2015 Household income: $25,000 to $29,999 1.99% 2.67% 2.42% % 2015 Household income: $30,000 to $34,999 2.66% 3.34% 3.06% % 2015 Household income: $35,000 to $39,999 2.25% 3.43% 3.42% % 2015 Household income: $40,000 to $44,999 3.45% 3.68% 3.70% % 2015 Household income: $45,000 to $49,999 4.39% 3.15% 3.08% % 2015 Household income: $50,000 to $59,999 5.59% 5.36% 5.60% % 2015 Household income: $60,000 to $74,999 8.25% 9.46% 9.38% % 2015 Household income: $75,000 to $99,999 14.58% 13.44% 12.73% % 2015 Household income: $100,000 to $124,999 17.19% 14.12% 13.48% % 2015 Household income: $125,000 to $149,999 10.19% 9.60% 9.49% % 2015 Household income: $150,000 to $199,999 8.41% 9.19% 10.35% % 2015 Household income: $200,000 or more 11.76% 11.84% 13.44% Retail Sales Volume 1-mi. 3-mi. 5-mi. 2015 Childrens/Infants clothing stores $574,188 $6,881,800 $13,407,639 2015 Jewelry stores $228,614 $2,764,729 $5,454,951 2015 Mens clothing stores $706,396 $8,487,079 $16,618,869 2015 Shoe stores $711,045 $8,539,661 $16,710,587 2015 Womens clothing stores $1,199,998 $14,510,869 $28,568,491 2015 Automobile dealers $9,891,151 $118,644,144 $233,703,247 2015 Automotive parts and accessories stores $1,843,333 $22,260,724 $43,849,260 2015 Other motor vehicle dealers $244,515 $2,978,419 $5,890,828 2015 Tire dealers $823,587 $9,928,135 $19,542,803 2015 Hardware stores $42,438 $510,606 $1,017,695 2015 Home centers $419,419 $5,049,376 $10,080,595 2015 Nursery and garden centers $512,800 $6,219,541 $12,496,461 2015 Outdoor power equipment stores $214,841 $2,596,448 $5,156,517 2015 Paint andwallpaper stores $45,879 $550,414 $1,091,537 2015 Appliance, television, and other electronics stores $1,316,727 $15,851,974 $31,371,479 2015 Camera andphotographic supplies stores $108,841 $1,303,049 $2,568,887 2015 Computer andsoftware stores $3,333,693 $40,283,249 $78,948,389 2015 Beer, wine, and liquor stores $605,272 $7,326,023 $14,426,256 2015 Convenience stores $2,596,425 $31,228,771 $60,988,121 2015 Restaurant Expenditures $2,541,601 $30,638,586 $60,428,175 2015 Supermarkets and other grocery (except convenience) stores $9,339,795 $112,882,974 $221,244,115 2015 Furniture stores $928,457 $11,188,207 $22,112,174 2015 Home furnishings stores $3,152,417 $38,119,175 $75,323,362 2015 General merchandise stores $16,785,864 $202,719,588 $401,086,812 2015 Gasoline stations with convenience stores $8,129,377 $97,850,567 $191,644,574 2015 Other gasoline stations $5,826,268 $70,159,884 $137,540,186 2015 Department stores (excl leased depts) $16,557,250 $199,954,859 $395,631,861 2015 General merchandise stores $16,785,864 $202,719,588 $401,086,812 2015 Other health and personal care stores $656,110 $7,931,764 $15,665,344

Demographics Retail Sales Volume (Cont.) 1-mi. 3-mi. 5-mi. 2015 Pharmacies and drug stores $2,510,513 $30,443,226 $60,067,533 2015 Pet and pet supplies stores $679,017 $8,193,925 $16,148,869 2015 Book, periodical, and music stores $113,121 $1,367,707 $2,712,305 2015 Hobby, toy, and game stores $293,580 $3,532,544 $6,929,416 2015 Musical instrument and supplies stores $34,017 $409,845 $811,468 2015 Sewing, needlework, and piece goods stores $56,611 $686,514 $1,346,981 2015 Sporting goods stores $321,050 $3,821,095 $7,512,678