AFFORDABLE CAR WASH 6601 W. CLEARWATER AVE KENNEWICK, WA Rob Ellsworth, CCIM Senior Advisor

AFFORDABLE CAR WASH 6601 W. CLEARWATER AVE KENNEWICK, WA 99336 Rob Ellsworth, CCIM Senior Advisor 509.430.2378 rob.ellsworth@svn.com SVN RETTER & COMPANY 329 N. KELLOGG, KENNEWICK, WA 99336 OFFERING MEMORANDUM

PROPERTY INFORMATION 3 Property Summary LOCATION INFORMATION 5 Regional Map Retailer Map Aerial Map FINANCIAL ANALYSIS 9 Financial Summary Income & Expenses DEMOGRAPHICS 12 Demographics Map Back Page AFFORDABLE CAR WASH 6601 W. CLEARWATER AVE, KENNEWICK, WA 99336 OFFERING MEMORANDUM

1 PROPERTY INFORMATION 6601 W. Clearwater Ave Kennewick, WA 99336 AFFORDABLE CAR WASH 6601 W. CLEARWATER AVE KENNEWICK, WA 99336 SVN Retter & Company Page 3

Property Summary OFFERING SUMMARY Sale Price: $429,900 Cap Rate: 11.32% NOI: $48,670 Lot Size: 0.533 Acres Year Built: 1980 PROPERTY OVERVIEW Coin-Op Carwash on Prime Corner Lot. PROPERTY HIGHLIGHTS Prime Corner Lot Well Established Coin-Op Carwash Owner Nets $5000 Monthly Prime Location For Future Re-Development Building Size: Market: 3,700 SF Kennewick-Pasco-Richland Price / SF: $116.19 AFFORDABLE CAR WASH 6601 W. CLEARWATER AVE KENNEWICK, WA 99336 SVN Retter & Company Page 4 The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN offices are independently owned and operated.

2 LOCATION INFORMATION 6601 W. Clearwater Ave Kennewick, WA 99336 AFFORDABLE CAR WASH 6601 W. CLEARWATER AVE KENNEWICK, WA 99336 SVN Retter & Company Page 5

Regional Map Affordable Car Wash AFFORDABLE CAR WASH 6601 W. CLEARWATER AVE KENNEWICK, WA 99336 SVN Retter & Company Page 6 The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN offices are independently owned and operated.

Retailer Map AFFORDABLE CAR WASH 6601 W. CLEARWATER AVE KENNEWICK, WA 99336 SVN Retter & Company Page 7 The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN offices are independently owned and operated.

Aerial Map Affordable Car Wash AFFORDABLE CAR WASH 6601 W. CLEARWATER AVE KENNEWICK, WA 99336 SVN Retter & Company Page 8 The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN offices are independently owned and operated.

3 FINANCIAL ANALYSIS 6601 W. Clearwater Ave Kennewick, WA 99336 AFFORDABLE CAR WASH 6601 W. CLEARWATER AVE KENNEWICK, WA 99336 SVN Retter & Company Page 9

Financial Summary INVESTMENT OVERVIEW Price $429,900 Price per SF $116.19 CAP Rate 11.3% Cash-on-Cash Return (yr 1) 27.84 % Total Return (yr 1) $30,777 Debt Coverage Ratio 1.97 OPERATING DATA Gross Scheduled Income $60,000 Other Income - Total Scheduled Income $60,000 Vacancy Cost $0 Gross Income $60,000 Operating Expenses $11,330 Net Operating Income $48,670 Pre-Tax Cash Flow $23,939 FINANCING DATA Down Payment $85,980 Loan Amount $343,920 Debt Service $24,731 Debt Service Monthly $2,060 Principal Reduction (yr 1) $6,838 AFFORDABLE CAR WASH 6601 W. CLEARWATER AVE KENNEWICK, WA 99336 SVN Retter & Company Page 10 The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN offices are independently owned and operated.

Income & Expenses INCOME SUMMARY PER SF Gross Income $60,000 $16.22 EXPENSE SUMMARY PER SF Electricity $2,940 $0.79 Water/Sewer $1,800 $0.49 Garbage $840 $0.23 Property Taxes $4,700 $1.27 Property Insurance $1,050 $0.28 Gross Expenses $11,330 $3.06 Net Operating Income $48,670 $13.15 AFFORDABLE CAR WASH 6601 W. CLEARWATER AVE KENNEWICK, WA 99336 SVN Retter & Company Page 11 The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN offices are independently owned and operated.

4 DEMOGRAPHICS 6601 W. Clearwater Ave Kennewick, WA 99336 AFFORDABLE CAR WASH 6601 W. CLEARWATER AVE KENNEWICK, WA 99336 SVN Retter & Company Page 12

Demographics Map POPULATION 1 MILE 3 MILES 5 MILES Total population 6,657 50,178 108,371 Median age 30.9 33.6 33.8 Median age (Male) 29.7 32.5 33.2 Median age (Female) 32.7 35.1 34.8 HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES Total households 2,298 18,629 39,754 # of persons per HH 2.9 2.7 2.7 Average HH income $58,784 $69,660 $70,257 Average house value $214,472 $199,953 $191,029 * Demographic data derived from 2010 US Census AFFORDABLE CAR WASH 6601 W. CLEARWATER AVE KENNEWICK, WA 99336 SVN Retter & Company Page 13 The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN offices are independently owned and operated.