OFFERING MEMORANDUM ORANGE COUNTY SINGLE TENANT RETAIL INVESTMENT OPPORTUNITY FITNESS Valley View Street, Buena Park, CA 90620

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1 OFFERING MEMORANDUM ORANGE COUNTY SINGLE TENANT RETAIL INVESTMENT OPPORTUNITY FITNESS Valley View Street, Buena Park, CA 90620

2 TABLE OF CONTENTS EXECUTIVE SUMMARY Introduction Offering Overview Offering Highlights MARKET OVERVIEW Aerial Demographics FOR MORE INFORMATION PLEASE CONTACT: BRYAN CUNNINGHAM Senior Vice President License ID: BRIAN QUINN Senior Vice President License ID:

3 EXECUTIVE SUMMARY INTRODUCTION Flocke & Avoyer Commercial Real Estate, as exclusive agent, is pleased to offer for sale, a ±9,984 SF single tenant retail investment. The property is occupied by Fitness 19 and located at 7886 Valley View Street, Buena Park, CA 90620, on the corner of Valley View Street and La Palma Avenue. OFFERING OVERVIEW Single tenant net leased retail investment at a primary retail intersection in Buena Park, California. Newly constructed building completed in Fitness 19 is a cutting-edge, emerging leader in the fitness arena with over 140 locations nationwide. Unique opportunity to own a new Junior Anchor building in a dominant community retail center in the heart of one of Orange County s most established neighborhoods. Long term tenancy at market rent with 10% increases every 5 years. This building offers excellent exposure and convenient access to both Valley View Street and La Palma Avenue. - Valley View Street: ±45,000 ADT - La Palma Avenue: ±22,000 ADT

4 EXECUTIVE SUMMARY Address 7886 Valley View Street, Buena Park, CA (Corner of Valley View St & La Palma Ave) Price $2,995,000 Tenant Fitness 19, CA 159 LLC APN Land Size 1.03 Acres Building Area ±9,984 SF LA PALMA AVENUE Rent Increase $202,176 (July 1, 2019) Options to Renew Two 5-year options at 10% rent increases each Lease Expiration June 30, 2024 VALLEY VIEW STREET

5 MARKET OVERVIEW COMPETITION AERIAL SITE Smart & Final Extra, El Pollo Loco, Taco Bell, In-N-Out, Starbucks 1 Walgreens, The Wok Experience 3 CVS Pharmacy 4 Movieland Wax Museum, Starbucks 6 Buena Park Downtown Shopping Mall - Krikorian Theatres, Sears, Walmart, 7 Kohl s 2 Superior Grocers, Subway, Jack in the Box, Ciro s Pizza 5 Claim Jumper, Tutti Fruitti Yogurt, McDonalds, Supercuts 8 Micheals, Petsmart, Starbucks, Panda Express, Carl s Jr., Verizon

6 MARKET OVERVIEW DEMOGRAPHICS 1 Mile 3 Miles 5 Miles 2016 Est. Population 29, , , Population Projection 30, , ,053 Growth ,532 19,569 Growth ,112 8,848 21,991 Median Age Avg Household Inc $97,275 $91,390 $89,919

7 DISCLAIMER This is a confidential marketing package ( The Package ) intended solely for your limited use and benefit in determining whether you desire to express further interest in the acquisition of 7886 Valley View Street, Buena Park, CA Identified as Assessor Parcel Numbers (APN) , individually and collectively ( The Property ). The package has been prepared by Flocke & Avoyer Commercial Real Estate ( F & A ) hereinafter referred to as Brokers, on behalf of the Owner, based upon information that has been obtained from sources believed to be reliable, but has not been verified and is not guaranteed. It contains selected information pertaining to The Property and does not purport to be a representation of the state of affairs of the Owner, all-inclusive or to contain all or part of the information which prospective investors may require to evaluate a purchase. All financial projections and information are provided for general reference purposes only and are based on assumptions relating to the general economy, market conditions, competition and other factors beyond the control of the Owner and Brokers. Therefore, all projections, assumptions and other information provided and made herein are subject to material variation. Interested parties are expected to review independently all documents and information relating to The Property as to the accuracy and completeness of the information contained herein and are also encouraged to review same with their tax advisor and/or legal counsel. Additional information and an opportunity to inspect The Property will be made available to interested and qualified prospective purchasers following acceptance of an offer. Neither the Owner nor Brokers, nor any of their respective directors, officers, affiliates or representatives, make any representation or warranty, expressed or implied, as to the accuracy or completeness of The Package or any of its contents, and no legal commitment or obligation shall arise by reason of your receipt of The Package or use of its contents. The Owner expressly reserves the right, at its sole discretion, to reject any or all expressions of interest or offers to purchase The Property, and/or to terminate discussions with any entity at any time with or without notice. The Owner shall have no legal commitment or obligation to any entity reviewing The Package or making an offer to purchase The Property unless and until written agreements for the purchase of The Property have been fully executed, delivered and approved by the Owner and any conditions to the Owner s obligations therein have been satisfied or waived. Notwithstanding anything in The Package expressed or implied to the contrary, if a contract for The Property is consummated, the sale will be expressly upon the condition that the buyer is acquiring The Property AS IS, WHERE IS, WITH ALL FAULTS in its present state and condition, without any representations or warranties of any kind whatsoever, either expressed or implied, respecting the acreage, use, future use, condition, title, future income, expenses of operation or management of The Property, compliance with any applicable laws relating to zoning, fire, safety, earthquake, toxic or hazardous waste or materials, or compliance with any other covenants, conditions and restrictions (whether or not of record) or other matters affecting the value or use of The Property. By receipt of The Package, you agree that The Package and its contents are of a confidential nature, that you will hold and treat it in the strictest confidence, and that you will not disclose The Package or any of its contents to any other entity without the prior written authorization of the Owner or Brokers. You also agree that you will not use The Package or any of its contents in any manner detrimental to the interest of the Owner or Brokers and that you will not contact the property manager, employees or tenants of The Property regarding The Property or The Package without the prior approval of Brokers or the Owner. In The Package, certain documents, including leases and other materials, are described in summary form. These summaries do not purport to be complete nor, necessarily accurate descriptions of the full agreements involved. Interested parties are expected to review all such summaries and other documents of whatever nature independently.