CONFIDENTIAL OFFERING MEMORANDUM

Park
Heartland
Motorsports
CONFIDENTIAL OFFERING MEMORANDUM

Park
Heartland
Motorsports
Affiliated Business Disclosure Disclaimer

CBRE, Inc. (“CBRE”) operates within a global family of companies This Memorandum contains select information pertaining to the Property and the Owner and does not
with many subsidiaries and related entities (each an “Affiliate”) purport to be all-inclusive or contain all or part of the information which prospective investors may
engaging in a broad range of commercial real estate businesses require to evaluate a purchase of the Property. The information contained in this Memorandum has been
including, but not limited to, brokerage services, property and obtained from sources believed to be reliable, but has not been verified for accuracy, completeness,
facilities management, valuation, investment fund management or fitness for any particular purpose. All information is presented “as is” without representation or
and development. At times different Affiliates, including CBRE warranty of any kind. Such information includes estimates based on forward-looking assumptions
Investment Management, Inc. or Trammell Crow Company, may relating to the general economy, market conditions, competition and other factors which are subject to
have or represent clients who have competing interests in the uncertainty and may not represent the current or future performance of the Property. All references to
same transaction. For example, Affiliates or their clients may acreages, square footages, and other measurements are approximations. This Memorandum describes
have or express an interest in the property described in this certain documents, including leases and other materials, in summary form. These summaries may not
Memorandum (the “Property”) and may be the successful bidder be complete nor accurate descriptions of the full agreements referenced. Additional information and
for the Property. Your receipt of this Memorandum constitutes an opportunity to inspect the Property may be made available to qualified prospective purchasers. You
your acknowledgement of that possibility and your agreement are advised to independently verify the accuracy and completeness of all summaries and information
that neither CBRE nor any Affiliate has an obligation to disclose to contained herein, to consult with independent legal and financial advisors, and carefully investigate
you such Affiliates’ interest or involvement in the sale or purchase the economics of this transaction and Property’s suitability for your needs. ANY RELIANCE ON THE
of the Property. In all instances, however, CBRE and its Affiliates CONTENT OF THIS MEMORANDUM IS SOLELY AT YOUR OWN RISK.
will act in the best interest of their respective client(s), at arms’
length, not in concert, or in a manner detrimental to any third party. The Owner expressly reserves the right, at its sole discretion, to reject any or all expressions of interest
CBRE and its Affiliates will conduct their respective businesses in a or offers to purchase the Property, and/or to terminate discussions at any time with or without notice
manner consistent with the law and all fiduciary duties owed to their to you. All offers, counteroffers, and negotiations shall be non-binding and neither CBRE, Inc. nor the
respective client(s). Owner shall have any legal commitment or obligation except as set forth in a fully executed, definitive
purchase and sale agreement delivered by the Owner.

Confidentiality Agreement

Your receipt of this Memorandum constitutes your CBRE and the CBRE logo are service marks of CBRE, Inc. All other marks displayed on this
acknowledgement that (i) it is a confidential Memorandum solely document are the property of their respective owners, and the use of such marks does not
for your limited use and benefit in determining whether you desire imply any affiliation with or endorsement of CBRE.
to express further interest in the acquisition of the Property, (ii) you
will hold it in the strictest confidence, (iii) you will not disclose it or Photos herein are the property of their respective owners. Use of these images without
its contents to any third party without the prior written authorization the express written consent of the owner is prohibited.
of the owner of the Property (“Owner”) or CBRE, Inc. (“CBRE”), and
(iv) you will not use any part of this Memorandum in any manner
detrimental to the Owner or CBRE.

If after reviewing this Memorandum, you have no further interest in © 2023 CBRE, Inc. All Rights Reserved.
purchasing the Property, kindly return it to CBRE.
table of contents

1 EXECUTIVE SUMMARY

2 PROPERTY DESCRIPTION Heartland

3 AREA OVERVIEW Motorsports
Park
 Heartland
Motorsports
Park
executive summary
executive summary

Call for Offers* due February 15, 2024

For complete offering package, click HERE

This unique offering provides qualified owner-users and developers with

the opportunity to acquire the previously known Heartland Motorsports
Park in Topeka, KS.

Heartand Motorsports Park consists of 621 acres m/l in total, including

a 175-acre +/- racing facility with approximately 89,000 sq. ft. of existing
buildings. The park also includes approximately 100 acres of paved area,
featuring a single, 21-acre Autocross/Dift Pad, made of asphalt paving.
The race track is a premier 2.5 mile road course, with 14 turns, and seven
elevation changes.

*Seller reserves the absolute right to accept or reject any and all offers, for any
reason or no reason.

621+/- SF 89,223+/- SF I-1 LIGHT

ACRES EXISTING INDUSTRIAL
BUILDINGS ZONING

Executive Summary | p6
executive summary
CBRE and KS Commercial are pleased to present a “Call for Offers” for Heartland
Motorsports Park, the most unique and substantial redevelopment sale
opportunity in the Midwest. This offering creates a phenomenal opportunity
for a investor/developer to acquire a prized sports and entertainment facility
that could be operated in the near term as a racing and festival facility while
pursuing development and redevelopment of the park for light industrial use by
distribution and manufacturing companies like Target, Home Depot, Bimbo, Frito-
Lay, and others who call Topeka home.

Heartland Motorsports Park consists of 621 acres m/l in total, including a 175
acre +/- racing facility with approximately 89,000 sq. ft. of high quality, existing
buildings which were built in two phases from 1989-94 and 2004-07. The park
also incudes approximately 100 acres of paved area, featuring a single, 21-acre
tract of asphalt paving. The entire parcel is zoned I-1 light industrial, has access to
industrial quality municipal water and sanitary sewer, transmission level electric
(adjacent Evergy substation), and natural gas. The property shares 2,495 ft. of
Topeka Blvd frontage with the Kanza Fire Commerce park, home to the largest
(1.8 m. sq. ft.) Walmart Distribution Center($200M) in the state, and Mars North
America Candy Plant ($750M).

For More Topeka Information, click HERE

Executive Summary | p7
 Heartland
Motorsports
Park

property description
 Campgrounds complex map
Preferred
Parking
Festival
Grounds VIP

Ca
Parking

m
pg
ro
und
s
General
Spectator RV Parking
Parking
North Pit

Spectator RV

Lower P
Area

Parking

it Area
1/4 Mile
Dragstrip

2.5 Mile
Road Course

Property Description | p9
0ÿ2345678ÿ0ÿ94  234
investment highlights
Total Acres
29 Tracts - 621.65 Acres

Total SF
26,984,295 Sq. Ft.

Number of Buildings
17

Total SF of Buildings
89,223 Sq. Ft.

Railroad Proximity
BNSF adjacent
Union Pacific - 9.34 miles

Highway Proximity
I-70 - 8.63 miles
I-470 - 3.93 miles
I-335 (KTA Turnpike) - 3.93 miles
US 75 - 1.3 miles
I-35 - 35.68 miles

Unique Opportunity
Potential for Alternative Redevelopment Opportunity

Property Description | p10

buildings summary
18,450 Sq. Ft. Light Industrial
• Pre-engineered steel building
• Six - 12x12 overhead doors, drive-through building
• Plubmed for restrooms and showers
• Racing scales
• Can be divided

10,000 Sq. Ft. Warehouse

• Pre-engineered steel building
• Dock high (platform) and drive-in

11,088 Sq. Ft. Office Building

• Climate-controlled
• Open office design with central lobby
• Multiple Restrooms
• Elevator
• Large windows with view of racing track

Two 4,080 Sq. Ft. Pit Garages

• 30’x136’
• Nine - 10’x10’ grade level doors

Property Description | p11

Heartland Motorsports Park Drag Racing Strip
Heartland Motorsports Park is the pinnacle of entertainment operations - a single facility that
hosts one of the largest variety of events in the world. The apex of the 700+ acre site being
History
the NHRA sanctioned quarter mile drag strip. Reinforced concrete barricades line the quarter
Construction on Heartland Motorsports Park took more than a year and mile as well as the entirety of the 2600+ feet of shutdown. With 660’ of smoothed concrete
on August 11, 1989, four years after a motorsports facility was proposed launch pad, the 1,000’ elevation above sea level bares little effect on the many record setting
in Topeka, the track hosted its first race, the Camel Grand Prix. Built at a runs recorded in HMP’s 30+ year history. The NHRA Sanctioned drag strip includes:
cost of nearly $22 million, Heartland Motorsports Park has been hosting
record setting performances since the doors first opened over 30 years • 1/4 Mile Track with 2,600+ feet of shutdown
ago. Since 2016, the updates and renovations that have been done to • Concrete Safety Wall from starting line down to the 180-foot, net-equipped sand trap
the facility have been tremendous. Consequently, Heartland Motorsports • Track Elevation 1,000 feet above sea level
Park proudly features many different motorsports infrastructures in the • 660’ smooth ground concrete launch surface followed by 660’ asphalt race surface
facility including: • Track runs North to South
• State-of-the-art Compulink Timing System
• Musco Stadium Lighting across entire 700+ acre facility
• Full Concession Stands with food and beverage and Budweiser products
• Sunoco Race Fuels on site
• On Site camping with over 100 electric hookups
• On Site dumping station for campers and race rigs
• Large amounts of flat paved and grass parking
• Large Pavilion Area
• Pit side restrooms have private showers

Road Course
Heartland Motorsports Park has one of the premier road courses in the country. A 2.5 mile
course that can be configured into three arrangements with 14 turns, and seven elevation
changes. The facility has hosted events including SCCA, KART, Motorcycle, Vintage, NASA,
BMW Club, Porsche Club, as well as specialty events.

Autocross/Drifting
The 23-acre paddock area hosts many events including drifting and autocross. The paddock
is also used for electric and non-electric camping for many events.
Property Description | p12
Executive Summary | p13
Executive Summary | p14
 parcel details
TRACT NUMBER ACRES SQ. FT. BLDG. SQ. FT. DESCRIPTION TRACT NUMBER ACRES SQ. FT. BLDG. SQ. FT. DESCRIPTION
1 12.22 525,366 0 Grass/Entry Sign 16 5.92 263,664 975 Gatehouse/AsphMill
2 9.05 389,449 0 Grass 17 23.82 1,000,910 2,520 Old RR/Storage Yard
3 17.52 766,607 200 Grass/Shop 18 2.59 112,681 11,088 2 Story Office w/Elevator, 36 light poles
4 10.59 457,501 0 AsphMill 19 0.46 19,936 0 Asphalt Paving
5 5.56 248,753 0 Grass 20 31.03 1,351,780 0 21.35 Ac Asphalt Paving w/Lighting
6 15.98 675,282 0 Grass 21 46.32 2,053,418 0 Wasteland
7 97.39 4,242,308 0 Dumpyard/Lagoons 22 174.76 7,615,587 49,068 Drag/Rd Track Bldgs
8 51.85 2,255,537 0 Grass/Timber 23 7.31 317,675 0 Grass
9 6.35 277,042 0 Grass Parking 24 8.17 354,109 0 Grass
10 2.47 110,642 0 Grass Parking 25 6.98 304,299 0 Grass
11 1.9 79,060 0 Grass Parking 26 11.15 486,738 0 Grass
12 2.71 112,605 0 Grass/Easements 27 9.81 431,537 0 AsphMill/Grass
13 47.68 2,044,240 7,192 HQ Bldg/RR Bldg 28 8.25 361,949 792 Retail/34200 asphalt
14 0.75 32,670 17,388 4 Story Suites 29 2.1 72,852 0 Former C-Store Site
15 0.46 20,098 0 Bridge TOTAL 621.65 26,984,295 89,223

2 5
1 3 4
23 24 9 6
25 27 28 14 10 7
26 15 11
8
29 13 19 16 12
18

17
20

22

21

Property Description | p15

 city of topeka utility map

UTILITIES ELECTRICITY
15” saintary sewer line at the NW corner of the property adjacent to “Blk M” Evergy - multiple large distribution structures within
18” active water transmission main line across “Blk M” 5-mile radius; estimated capacty of 5.4-7 mw.
12” water distribution main along the entire north frontage along Gary Ormsby Drive

Property Description | p16

 Heartland
Motorsports
Park

area overview
major companies in topeka, ks
67898 # 889
99ÿ89 %&'(7 ÿ)7 79
ÿ89ÿ9 #*+*ÿ 5
9ÿÿÿ78 , -8(ÿ. 3
78ÿ!ÿ"""#$ 889&8ÿ!
""/0"
1 8927ÿ(9(&(
)7 79
/0++ÿÿ7279

78ÿ!ÿ"""+$
* 67ÿ 7
(9(&(ÿ)7 79
/1++ÿÿ7279

78ÿ!ÿ"""+$
0 3ÿ%
041/ÿ5ÿ3
6(26.8ÿ10
78ÿ!ÿ"""#7
/ %9(898
#*+*ÿÿ0#ÿ 4
78ÿ!ÿ"""+$
" 7()
1"1/ÿ5ÿ78
:-
78ÿ!ÿ"""#4 12

;ÿ=>?@ABCÿ;ÿD?EFGHIEEH=>?
Area Overview | p18
 Distribution
Center

Distribution
Center

AC M E S T
REE T
Distribution
Center

Topeka
Forbes Regional
Industrial
Park Airport

Mars Chocolate
North America

Walmart Distribution
Center

Heartland
Motorsports
Park
0ÿ2345678ÿ0ÿ94  234
Area Overview | p19
transportation
US Hwy. 75 and Topeka Blvd are accessible via
Gary Ormsby Dr. creating fluid connectivity
to I-470, I-335/KTA, I-35, & I-70. The “Topeka”
segment of the BNSF Railway passes along the
west side of Topeka Blvd, a few hundred feet
from the property, connecting El Paso to Chicago
and beyond. Topeka serves as an important
interconnect with the Union Pacific Railroad, both
of which have major yards and trackage’s nearby.
The property adjoins 2,854 acre Topeka Regional
Airport with 12,800 l.f. and 7000 l.f. runways, and
two million sq. ft. of apron space for transient
military, general aviation, and commercial aircraft
use. Topeka Regional Airport is designated a
Foreign Trade zone.

location
The property lies just 8 miles south of the Capitol
of the State of Kansas in downtown Topeka, and
approximately 60 miles west of the Great Kansas
City Metropolitan Area.

Area Overview | p20

workforce & education
The workforce in Topeka, KS is strong with over 400,000 people in the
labor pool living within a 45-minue drive from Topeka. Additionally, Topeka
is home to the Washburn Institute of Technology, where companies may
build customized training programs for their workforce. The main campus
area demographics
is comprised of seven buildings offering a mix of classrooms, lab space, and
shop facilities. It additionally features the Ichabod Shop at Tech, Advantage DEMOGRAPHIC COMPREHENSIVE 1 MILE 3 MILES 5 MILES
Center and Conference Center. Washburn Tech East offers training in POPULATION
manufacturing, health care, construction trades, General Education
2023 Population 1,883 4,261 22,501
Diploma (GED), and English as a Second Langague (ESL) courses.
2028 Population - Projection 1,848 4,203 22,418
gotopeka.com/workforce 2020 - 2023 Annual Population -0.02% 0.50% 0.32%

CLASS OF WORKER
Topeka is home to four major universities within a 60-mile radius, including: 2023 Employed Civilian Pop. 16+ 840 1,953 10,093
The University of Kansas (Lawrence), Kansas State University (Manhattan),
White Collar 437 1,102 5,866
Emporia State University (Emporia), and Washburn University with a
combined enrollment of 60,000 and over 12,000 graduates per year. Services 112 253 1,601
Blue Collar 292 600 2,626

HOUSEHOLD INCOME
Average Household Income $65,909 $81,979 $85,387
Median Household Income $54,944 $60,192 $61,134

HOUSING VALUE
Median Home Price $172,059 $216,209 $186,574
Average Home Price $323,507 $269,637 $203,299

HOUSING UNITS
Owner-Occupied Housing 29.5% 49.6% 65.4%
Renter-Occupied Housing 60.2% 37.5% 25.0%

Area Overview | p21

 Heartland
Motorsports
Park

INVESTMENT CONTACTS
MIKE MITCHELSON, SIOR, CCIM JOE ORSCHELN ED ELLER, SIOR
Senior Vice President Senior Vice President Partner
+1 913 302 3564 +1 816 820 1013 +1 785 608 6159
[email protected] [email protected] [email protected]

© 2023 CBRE, Inc. All rights reserved. This information has been obtained from sources believed reliable but has not been verified for accuracy
or completeness. CBRE, Inc. makes no guarantee, representation or warranty and accepts no responsibility or liability as to the accuracy,
completeness, or reliability of the information contained herein. You should conduct a careful, independent investigation of the property and
verify all information. Any reliance on this information is solely at your own risk. CBRE and the CBRE logo are service marks of CBRE, Inc. All
other marks displayed on this document are the property of their respective owners, and the use of such marks does not imply any affiliation
with or endorsement of CBRE. Photos herein are the property of their respective owners. Use of these images without the express written
consent of the owner is prohibited.