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RRSP Investment Opportunity

NationWide Self Storage & Auto Wash

NationWide IV Self Storage & Auto Wash Trust (the “Trust”) is a unique real estate investment with objectives structured to provide monthly income and long-term investment growth to investors.

TriView Capital Ltd. is pleased to offer qualified investors the opportunity to invest in NationWide’s Self Storage & Auto Wash development located at 2337 King George Blvd in Surrey, BC. The site is expected to be developed into an 80,000 sq. ft self-storage facility along with 140 ft car wash. The investors are expected to receive a preferred base return of 7.071% and 70% of the profit exceeding the preferred return.

At a Glance

Issuer:NationWide IV Self Storage & Auto Wash Trust (the “Trust”).
Maximum Offering Size:$26,000,000 (260,973 Trust Units) prior to exercise of 35% greenshoe.
Securities Offered:Participating Preferred Class A trust units and Participating Preferred Class F trust units (collectively, the “ Trust Units”).
Price Per Security:$90 per Trust Unit for the first 88,888 Units ($8,000,000) *SOLD OUT* ; $100 per Trust Unit for 80,000 Units ($8,000,000); $105 per Trust Unit for 47,619 Units ($5,000,000); $110 per Trust Unit for 22,720 Units ($2,500,000); or $115 per Trust Unit for 21,739 Units ($2,500,000).
Minimum Subscription:$10,000. Additional subscriptions may be made in multiples of $1,000.
Administrator: NationWide IV Self Storage & Auto Wash Management Corp. (the “Administrator”), a wholly owned subsidiary of CADO Bancorp Ltd. ("CADO").
Auditor: KPMG LLP.
Investment Objective:The investment objective of the Trust is to provide Holders of the Trust Units with: ++ three components to an investment return: 1. a preferred base return of 8.25%, 7.425%, 7.071%, 6.75% or 6.456% based on a $90, $100, $105, $110 and $115 Participating Preferred Trust Unit issue price, respectively; 2. up to 70% participation in returns exceeding the preferred base return—paid monthly in arrears; and 3. capital appreciation on disposition of the Development Property; ++ tax advantaged target monthly income distributions, as a portion of the distributions will be taxed as a return of capital; ++ a source of cash flow in various economic environments; and ++ an investment backed by urban industrial real estate through the Trust’s ownership of the Partnership.
Business of the Trust:The Trust will invest all the Available Funds in securities of the Partnership (as defined in the Offering Memorandum), which will in turn use the proceeds to develop a combination self storage/car wash facility on a 1.186 acre (51,345 sq/ft) property located at 2337 King George Boulevard in the Municipality of South Surrey, British Columbia (the “Development Property”). The Development Property is situated in a location that straddles the South Surrey and White Rock trade areas, which management believes has an undersupply of storage and a need for a high-end express exterior detail tunnel car wash. Self Storage Facility: The self storage facility is expected to be an 80,000 sq. ft. modern, well-lit and architecturally designed building with approximately 65,000 sq/ft net rentable storage space (inclusive of sky lockers). It will offer approximately 845 individual storage lockers ranging in size from 2.5 x 5 feet to 10 x 20 feet, each with individual security systems in a temperature-controlled environment. The facility is also expected to feature two commercial elevators with security restricted floor access and video surveillance. Express Auto Wash: The Express Auto Wash facility to be a modern 4,000 sq/ft building housing an approximate 140 foot exterior detail tunnel (“140-EDT”) touch car wash system. The car wash will have approximately 10 automated application stations that will be capable of washing, waxing, sealing, tire shining and drying up to 150 cars per hour. The wash level options will be available for purchase through automated touch screen drive-through kiosks and prices will range from as low as $8.95 to over $18.95 per wash. The facility will also provide approximately 15 vacuum stations and a customer storefront to sell car detailing products and cleaners along with moving, packing and storage supplies.
Preferred Cash Distributions:Investors are expected to receive monthly cash distributions approximately 15-30 months from the date of the final Closing of the Offering.
Redemption:Quarterly redemption provisions (subject to certain restrictions - see Offering Memorandum).
Liquidity Event: Liquidity is expected to occur within approximately 5 to 7 years. Terms and timing of a liquidity event (if any) will depend on opportunities available at the time.
Eligbility:The Units are qualified investments for Registered Plans, which include RSPs, RIFs, DPSPs, RESPs, RDSPs and TFSAs.
General Partners Fee:2% of the Net Asset Value of each Class, calculated and paid monthly.
Performance Bonus:The General Partner will be entitled to a performance bonus equal to a 30% share in Distributable Cash after investors have received an annualized preferred base return of 8.25%, 7.425%, 7.071%, 6.75% or 6.456% based on a $90, $100, $105, $110 and $115 Trust Unit issue price, respectively; on their investment.

This product is being offered through an Exempt Market Dealer (EMD), TriView Capital Ltd. Cynthia Aasen, Taylor Steele, Kristina Crossen, David Buchanan, & Austin Carroll are registered Dealing Representatives with TriView Capital Ltd.

*Risk Disclaimer*

Risks specific to this product include (as per section 8 of the Offering Memorandum): Investing directly into operating businesses which are exposed to typical business risk. Trust owns real property which can be affected by mortgage interest rates, supply-demand conditions and general economic conditions. Exposure to secondary and suburban markets which have less liquidity than primary markets. Business competition. Geographic concentration. Low cap rate environment may change. No securities regulatory authority has reviewed this Offering. Liquidity of Units may not be possible. There is no assurance that the maximum or minimum offering will beachieved. There is no assurance that the Trust will distribute cash in a given year. Distributions may be reduced or suspended. Limited track record of Issuer. Tax implications of the investment.

This is not a formal offering document. Prospective purchasers of this investment opportunity will be provided with a formal offering memorandum dated May 1, 2020 (the “Offering Memorandum”) and will need to be qualified for investment prior to making any investment. No person has been authorized to give any information or to make any representation not contained in the formal Offering Memorandum. No securities regulatory authority or regulator has assessed the merits of the proposed offering or reviewed the formal Offering Memorandum. This investment opportunity is speculative and involves a high degree of risk. There is a risk that any investment made will be lost entirely or in part. Only prospective investors who do not require immediate liquidity of their investment and who can afford the loss of their entire investment should consider this investment.

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