NNN LEASED INVESTMENT OR OWNER/USER OPPORTUNITY

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1 NNN LEASED INVESTMENT OR OWNER/USER OPPORTUNITY 4244 N. 19TH AVENUE PHOENIX, AZ Jonathan Levy Advisor SVN DESERT COMMERCIAL ADVISORS 5343 N. 16TH STREET, SUITE 100, PHOENIX, AZ SALE BROCHURE

2 Property Summary OFFERING SUMMARY PROPERTY OVERVIEW Sale Price: $800,000 The subject property consists of a single tenant NNN leased medical office investment, currently leased Lot Size: 0.53 Acres to Tiny Teeth Children's Dentistry. The tenant's lease commenced in June 2017 and expires end of May Additionally, the Tenant has a two (2) three-year renewal options. Each managing member of the Year Built: Building Size: Taxes ,634 SF $15, Zoning: Submarket: North Central Phoenix $ Year 1 NOI $105,546 Current Rent Renewal Option LOCATION OVERVIEW R-5 Price / SF: Year 1 Cap Rate: Tenant entity has personally guaranteed the Lease through their own individual corporation. 12.5% $15.91 NNN The subject property is conveniently located north of the northwest corner of 19th Ave and Indian School Road. There are numerous amenities within the immediate area The property is less than one mile from the I-17 freeway. Additionally, the property is located one mile north of Encanto Park and is within a 10 minute drive of Downtown Phoenix. Grand Canyon University is less than two miles away from the subject property. Two {2} 3 year options SVN Desert Commercial Advisors Page 2

3 Offering Highlights SALE HIGHLIGHTS Single Tenant NNN Leased Dental Investment Existing Cap Rate of 12.5% Lease Expiration of 05/2020 Tenant Plans to Vacate Building Upon Lease Expiration Strong Operator w/ Multiple Locations Lease Personally Guaranteed by Managing Principals Located Along Dense 19th Ave Corridor SVN Desert Commercial Advisors Page 3

4 Location Maps SVN Desert Commercial Advisors Page 4

5 Financial Summary INVESTMENT OVERVIEW Price $800,000 Price per SF $ CAP Rate 12.5% Cash-on-Cash Return (yr 1) 27.2 % Total Return (yr 1) $76,411 Debt Coverage Ratio 2.62 OPERATING DATA Gross Scheduled Income $105,546 Total Scheduled Income $105,546 Vacancy Cost $5,277 Gross Income $100,268 Net Operating Income $105,546 Pre-Tax Cash Flow $65,277 FINANCING DATA Down Payment $240,000 Loan Amount $560,000 Debt Service $40,269 Debt Service Monthly $3,355 Principal Reduction (yr 1) $11,134 Financing Assumptions: 70%-30% LTV at 5.25% interest for a 25-year amortization schedule. SVN Desert Commercial Advisors Page 5

6 Area Highlights SVN Desert Commercial Advisors Page 6

7 PHOENIX NOTABLE RANKINGS NOTABLE RANKINGS Top 5 for Small Businesses Arizona State University #1 in U.S. for Innovation #10 Fastest Growing Cities #1 in Swiping Financial Jobs from Wall Street Metro Phoenix Ranked Best City for Working Parents Phoenix Top 10 Physically Fit Cities in the World Top 20 Best Places For Startups 14th Safest City in America Eight Best City for Recent College Graduates Seeking a Job #1 Airport in the U.S - Phoenix Sky Harbor SVN Desert Commercial Advisors Page 7

8 Phoenix Employment PHOENIX EMPLOYMENT HIGHLIGHTS Top 5 Nationally for Tech Job Growth MAJOR EMPLOYERS Company # of Employees 6th Largest Concentration of Data Center Nationally 3rd Largest Labor Pool in the West #5 in the Nation for Best Qualified Graduates Expected to grow 43,000 Healthcare Jobs in the Next Decade Median Age of 35.4, The Sixth Youngest Metro in the U.S. Banner Health 26,000 Wells Fargo 12,600 Honeywell 9,500 Bank of America 9,200 American Express 5,800 Pinnacle West Capital 5,300 SVN Desert Commercial Advisors Page 8

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