7.32 % CAP RATE. for sale: single tenant investment 3776 S. 16th AVE $2,000,000 15,150 SF 118,000 CPD. DAVID lee real estate company, LLC

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1 15,150 SF 7.32 % CAP RATE 118,000 CPD - davidleetucson@yahoo.com and is submitted subject to omissions or errors. Submission is also subject to any change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. *Actual Property Shown

2 Financial Summary of Investment SINGLE TENANT: Boot Barn, Inc. A Delaware Corporation BUILDING SIZE: 15,150 SF ($132/SF) PROPERTY SIZE: 44,747 SF (APPROX) TENANT HISTORY AT THIS LOCATION: 26 years including Western Warehouse ROOF/STRUCTURE - LANDLORD INTERIOR - TENANT WINDOWS / DOORS - TENANT HVAC - TENANT RENTAL TAXES - TENANT NEW TERM EXERCISED: 12/27/2017 CURRENT TERM EXPIRATION: 01/31/2023 PRICE: FINANCIALS: MONTHLY ANNUAL INCOME RENT: $16, /mo ($1.06/SF/MO) $193, EXPENSES Common Area Maint. $1,201.37/MO $14, Landlord Insurance (2018) $420.92/MO $5, Property Taxes (2017) $27, Net Income $146, Cap Rate Return 7.32% and is submitted subject to omissions or errors. Submission is also subject to any change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice.

3 The Boot Barn Story From the humble beginnings of a family run storefront, to over 200 stores in 29 states, Boot Barn epitomizes the American dream of hard work, honesty and value. When founder Ken Meany opened that very first store little did he realize that his vision and values would help drive what Boot Barn is today. Even though we are a much larger company, we still embrace the downhome honesty that a family run business represents. From California to Florida, from North Dakota to Texas and Louisiana, we work hard to make sure every Boot Barn gives you the same personal experience that Ken started years ago. At Boot Barn, we honor America s heritage -- our heritage. We believe in quality products and good value. And we ve stocked our shelves with quality western and work gear for you and your family. More than 8,000 styles of boots, jeans, shirts, hats, belts, jewelry and more. All the latest styles from the brands you trust like Wrangler, Ariat, Justin, Carhartt, Dan Post, Resistol, Montana Silversmith and many, many more. At Boot Barn in Tucson, Arizona we have a variety of western wear clothing and boots at prices that are hard to beat with our lowest price guarantee. Ride in to our western and boot store today! Bootbarn.com TENANT COMPANY OVERVIEW SALES OF $650 MILLION IN 2017 and is submitted subject to omissions or errors. Submission is also subject to any change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice.

4 TUCSON *Actual Site Location

5 FOR SALE: SINGLE TENANT SALES PRICE 7.32% CAP RATE 15,150 SF $ 1.06 /SF /MO RENTS TUCSON, ARIZONA HIGH DENSITY POPULATION 14,212 IN 1 MILE HIGH TRAFFIC COUNTS OF 118,000 CPD RECENT STATE HIGHWAY 86 WIDENING PROJECT OF $41,000,000 INTERCHANGE OF I-19 & AZ86 UNDER RENOVATION FOR $27,000,000 TUCSON, AZ SANTA CRUZ PLAZA HANGE RC NEW INTE and is submitted subject to omissions or errors. Submission is also subject to any change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice.

6 Property Line PROPERTY DESCRIPTION LOCATION: The Northeast corner of I-19 & Ajo Way (SR86) BUILDING SIZE: 15,150 SF LAND PARCEL: 44,747 SF (APPROX.) LEASE RATE: $16,115.17/mo ZONING: C-1 Ajo Way - 28,000 CPD (2012) I-19-90,000 CPD (2012) TOTAL - 118,000 CPD TRAFFIC COUNTS (Pima Association of Governments, 2012) DEMOGRAPHIC INFORMATION Estimates 1 Mile 3 Mile 5 Mile (2016) Population 14, , ,099 Housing 5,315 37,284 86,376 Units Households 4,664 32,371 77,767 and is submitted subject to omissions or errors. Submission is also subject to any change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice.

7 Co-tenants & nearby businesses and is submitted subject to omissions or errors. Submission is also subject to any change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice.

8 SANTA CRUZ PLAZA and is submitted subject to omissions or errors. Submission is also subject to any change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice.