Corporate Qdoba

corporate qdoba

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For more info on this opportunity please contact: John Andreini Rick Sanner kansas city msa [email protected] | (415) 274-2715 [email protected] | (415) 274-2709 CA BRE# 01440360 CA BRE# 01792433

(9 miles from kansas city) Bob Sanner Chris Peters [email protected] | (415) 274-2717 [email protected] | (415) 274-2703 6350 Johnson Drive, Mission, KS 66202 CA BRE# 00869657 CA BRE# 01339983

In conjunction with KS Licensed Broker: Bradley Saville, Landmark Commercial Real Estate, Inc. [email protected] | (316) 262-2442 Capital Pacific collaborates. Click here to meet the rest of our San Francisco team. 10-year corporate net lease to Qdoba - one of the hottest restaurant brands in the country and owned by Jack in the Box Investment Highlights Mission, Kansas is an upper class suburb located only 8 miles from Kansas City

PRICE: $2,185,366 RENTABLE SF. . . . 3,200 SF land area. . . . . 1.10 AC lease type ...... NNN CAP: 6.15% PRICE PER SF. . . . $682.93 renovated. . . . . 2015

highlights Tons of new construction in immediate area including: Starbucks, Natural Grocers, Pot Belly, a recently completed Chick-fil-a, Subway, Freebirds, Culver’s development with over 100 senior housing units, and a planned 700,000 square foot WalMart/ Sprouts anchored development with office and residential Huge 1.1 acre lot, allowing for future redevelopment through building expansion and ample excess parking Hard corner with two points of ingress/egress Over 250,000 population in 5-mile radius Immediate area retailers include Target, HyVee Grocery, CVS, McDonalds, Burger King, Applebee’s, FedEx, and many others

Lease 10-year corporate lease Jack in the Box – Operator (See page 7 for more details) Tenant administers and pays utilities, taxes, CAM’s, and Jack In The Box 2014 revenues were over $1.48 insurance expenses directly billion Tenant responsible for repairs, maintenance, and replacement Yahoo Finance restaurant stock of the year in 2014 of all interior non-structural components, HVAC, parking lot, landscaping, and drive aisles Qdoba – Guarantor of Lease (See page 7 for more details) Landlord responsible for roof and structure Same store sales up 14% in the first quarter of fiscal year 2015 10% rental increases every 5 years during the base term and in the three 5-year option periods Revenues of $338 million in 2014, up over 15% since 2013 Store opening scheduled for September Over 640 operating stores in 47 states with plans to [ representative photo ] grow to over 2,000 stores qdoba | 2 Immediate are retailers include target, starbucks, hyvee grocery, and natural grocers

35 69 KANSAS CITY 35 635

Midland Trail Elementary

69 35

MERRIAM TOWN CENTER

Westwood View The Elementary Pembroke Hill 35 School

32,500 DAILY 56 169

24,744 DAILY MISSION HILLS Johnson Drive GOLF COURSE Johnson Drive

Crestview Shawnee Elementary Mission North High School

Indian Hills Middle School 56

HOMESTEAD COUNTRY CLUB R oe Avenue

INDIAN HILLS COUNTRY CLUB

35 Metcalf Avenue

qdoba | 3 Income & Expense

PRICE $2,185,366 Price Per Square Foot: $682.93 Capitalization Rate: 6.15% Total Rentable Area (SF): 3,200 Lot Size (AC): 1.10 AC Year Renovated: 2015 STABILIZED INCOME Per Square Foot Scheduled Rent $42.00 $134,400 Effective Gross Income $42.00 $134,400 LESS Per Square Foot Taxes NNN $0.00 Insurance NNN $0.00 Total Operating Expenses $0.00 EQUALS NET OPERATING INCOME $134,400

This information has been secured from sources we believe to be reliable but we make no representations or warranties, expressed or implied, as to the accuracy of the information. Buyer must verify the information and bears all risk for any inaccuracies.

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qdoba | 4 Rent Roll

TENANT INFO LEASE TERMS RENT SUMMARY

Current Monthly Yearly Monthly Yearly Tenant Name Sq. Ft. Term Rent Rent Rent Rent/FT Rent/FT Qdoba 3,200 1 5 $134,400 $11,200 $134,400 $3.50 $42.00

6 10 $12,320 $147,840 $3.85 $46.20

Option 1 11 15 $13,552 $162,624 $4.24 $50.82

Option 2 16 20 $14,907 $178,880 $4.66 $55.90

Option 3 21 25 $16,397 $196,768 $5.12 $61.49

Current Totals: 3,200 $134,400 $11,200 $196,768 $3.50 $42.00 Projected store opening in September

[ surrounding retail ]

qdoba | 5 about jack in the box - parent company Qdoba Jack In The Box (NASDAQ: JACK) is among the nation’s leading fast-food hamburger chains, with more than 2,200 quick-serve restaurants in 21 states and Guam. As the first major hamburger chain to develop and expand the concept of drive-thru dining, Jack In The Box has always emphasized on-the-go convenience, with approximately 85 percent of the half-billion guests served annually buying food at the drive-thru or for take- out. In addition to drive-thru windows, most restaurants have indoor dining areas and are open 18-24 hours a day.

LOCATIONS TYPE 2014 REVENUE WWW .JAckinthebox .com 2,200 nasdaq: jack $1 .48 billion

about qdoba mexican grill - guarantor of lease Qdoba Mexican Grill is a chain of fast-casual Fresh Mex restaurants in the United States and Canada. The company has been a wholly owned subsidiary of Jack In The Box since its purchase from ACI Capital, Western Qdoba’s Slogan: Growth Capital, and other private investors in 2003. Qdoba now has over 600 locations offering quick service and high quality food. Customers order by selecting “We Live an entree then choosing its ingredients. All of the items are made in plain view of the customer. To distinguish itself from some of its competitors, Qdoba serves breakfast and some locations are open 24 hours on weekends. Food” Qdoba has also opened restaurants in non-traditional locations such as directly on college campuses and many participate in college meal plans.

LOCATIONS TYPE 2014 REVENUE WWW .QDoBA .com $338 Million 600 subsidiary

[ surrounding area ]

qdoba | 6 Site Plan

(NOT A PART) Johnson Drive

SIGN

Russell Avenue

UNDER CONSTRUCTION (NOT A PART) Regional Map

traffic counts in excess of Mission KS Location 24,744 vpd on johnson drive

Kansas City

12 Min 8 Miles

mission

[ representative photo ] qdoba | 8 Surrounding Retail

Surrounding retail includes cvs, arby’s, mcdonald’s, and applebee’s

qdoba | 9 Area Developments

chik-fil-a, culvers, and subway anchored retail project

natural grocers anchored development [ representative photo ]

100+ Unit senior housing project

proposed walmart & sprouts anchored center 410,000 SF of retail 295,000 SF residential units (330 units) 705,000 project total [ kansas city, mo ] Location & Demos

Mission, KS Overview Population Mission is located in Johnson County, just eight miles from Kansas City, and 1-Mile 3-Mile 5-Mile is a member of the Kansas City Metropolitan Area, which has a population of 2010 10,498 87,533 249,672 2.34 million and ranks as the second largest metropolitan area in Missouri. 2014 10,854 88,929 253,091 Kansas City, the largest city in the state of Missouri, is the headquarters of 2019 11,371 91,819 260,104 dozens of national companies including American Century Investments, 2013 Household incomes AMC Theatres, Applebee’s, and Hallmark Cards. 1-Mile 3-Mile 5-Mile It is also home to one of the largest drug manufacturing plants in the U.S., Sanofi-Aventis, located in South Kansas City. Average $70,649 $77,487 $75,558 Numerous agricultural companies operate out of the city as well, such as Dairy Farmers of America, the largest Dairy Co-op in the country. Top Employers in Kansas City Kansas City is also one of ten regional office cities for the United States Employer # of Employees* Government, making the U.S. Government the largest employer in the Kansas City metro area, with more than 146 federal agencies. Federal Government 41,500 State/County/City Government 26,326 Public School System 26,250 HCA Midwest 8,632 *Approximate

qdoba | 11 [ representative photo ] A unique HUMAN The capital pacific experience - our daily commitment to our clients RESULTS-DRIVEN client experience [ www .capitalPacific .com ]

John Andreini Rick Sanner [email protected] | (415) 274-2715 [email protected] | (415) 274-2709 In conjunction with KS Licensed Broker: CA BRE# 01792433 Bradley Saville, Landmark Commercial Real Estate, Inc. [email protected] | (316) 262-2442 Bob Sanner Chris Peters [email protected] | (415) 274-2717 [email protected] | (415) 274-2703 CA BRE# 00869657 CA BRE# 01339983