PAD TO & &
• 2-TENANT SERVICE-BASED NNN INVESTMENT • DOMINANT RETAIL CORRIDOR • SEATTLE-TACOMA MSA •
OFFERING MEMORANDUM MARYSVILLE (SEATTLE MSA), WASHINGTON PAD TO & &
• 2-TENANT SERVICE-BASED NNN INVESTMENT • DOMINANT RETAIL CORRIDOR • SEATTLE-TACOMA MSA •
In Association with Mattis Partners, LLC | Licensed Washington Broker #: 19234
OFFERING MEMORANDUM MARYSVILLE (SEATTLE MSA), WASHINGTON PAD TO COSTCO AND TARGET
OFFERING MEMORANDUM MARYSVILLE (SEATTLE MSA), WASHINGTON
TABLE OF CONTENTS: EXCLUSIVELY LISTED BY: Offering Summary 4 Jeff Lefko Investment Highlights 5 Executive Vice President Lease Summary 7 [email protected] 844.585.7682 Income & Expense 8 Site Plan 9 Bill Asher Parcel Map 10 Executive Vice President Aerial Overview 13 [email protected] Regional Map 16 844.585.7684 Tenant Profile 17 Tenant Overview 19 David Merisko Area Overview 20 Mattis Partners, LLC [email protected] Demographics 23 206.375.4343
In Association with Mattis Partners, LLC | Licensed Washington Broker #: 19234 OFFERING SUMMARY CHIPOTLE & PACIFIC DENTAL SERVICES
LOCATION
Chipotle & Pacific Dental Services VIEW ON GOOGLE MAPS 17103 28th Drive NE Marysville, WA 98271 NOT A PART
OFFERING SUMMARY
Price: $3,860,000
Current Net Operating Income: $193,087
Current Capitalization Rate: 5.00%
July 2023 Net Operating Income: $211,615
July 2023 Capitalization Rate: 5.48%
Net Rentable Area: 5,485
Year Built: 2016
Lot Size (Acres): 0.62
FINANCING SUMMARY
All Cash or Cash to New Financing
(Contact Hanley Investment Group for Further Details)
NOT A PART
The information contained herein has been obtained from sources we deem reliable. We cannot assume responsibility for its accuracy. 4 INVESTMENT HIGHLIGHTS CHIPOTLE & PACIFIC DENTAL SERVICES
y New Construction Two-Tenant NNN Service-Based Retail Investment: ο Chipotle 6.5+ years remaining on the initial 10-year lease term Over 2,700 stores in the U.S. and Canada, France, Germany, and the United Kingdom Chipotle reported Q3 2020 comparable restaurant sales increased 8.3%, while revenue increased 14.1% to $1.6 billion #12 “Top 500 Chain Restaurant Report” – Restaurant Business (2019, 2020) #7 “World’s Most Valuable Quick Service Restaurant Brand” by Statista (2020) ο Pacific Dental Services 5+ years remaining on the initial 10-year lease term Rare 3% annual increases Pacific Dental Services is one of the nation’s largest private dental companies with over 800 locations in 23 states, and plans to add more than 80 offices each year
y Rare and Attractive Fixed Rental Increases: Fixed increases provide an unleveraged increase in return of almost 50 basis points by 2023
The information contained herein has been obtained from sources we deem reliable. We cannot assume responsibility for its accuracy. 5 INVESTMENT HIGHLIGHTS CHIPOTLE & PACIFIC DENTAL SERVICES
y Dominant Regional Retail Trade Area: The subject property is located in the heart of the Marysville- Arlington regional trade area, which serves over 175,000 people ο Surrounding notable anchor tenants include Costco, Target, Walmart Supercenter, Lowe’s, Dick’s Sporting Goods, Hobby Lobby, Best Buy, JoAnn Fabrics, Marshalls, Michaels, Office Depot, Party City, Petco, Safeway, Tractor Supply Co., and Tuesday Morning
y Excellent Freeway Accessibility; Strategically Located at the 172nd Street Off Ramp: The property is located immediately off of Interstate-5, and ideally situated at the entry point of the retail corridor ο Interstate 5 is the major north/south freeway connecting Marysville to Canada to the North and Seattle-Tacoma to the South; 118,000 cars per day
y Affluent, High Growth Demographics: Average household incomes are in excess of $89,000 within a 5-mile radius of the subject property ο The number of households increased 20% within a 1-mile radius of the property from 2010 to 2019 and are projected to increase an additional 10% by 2024 ο The trade area is one of the fastest growing markets in the greater Seattle region and a direct link in retail hubs from Seattle to Bellingham y Seattle-Tacoma MSA: ο 14th largest metropolitan area in the United States ο Over 3.9 million people; projected to grow by 4.7% in the next 5 years ο #8 “Best Performing Metros in the U.S.” by Milken Institute (2020) ο #1 “Best Places for Business and Careers” by Forbes (2019)
The information contained herein has been obtained from sources we deem reliable. We cannot assume responsibility for its accuracy. 6 LEASE SUMMARY CHIPOTLE & PACIFIC DENTAL SERVICES
LEASE SUMMARY (1) Guarantor: Chipotle Mexican Grill, Inc. Pacific Dental Services, LLC Rent Commencement: November 16, 2017 June 13, 2016 Lease Expiration: November 30, 2027 June 30, 2026 Lease Type: NNN NNN Net Rentable Area: 2,682 2,803 Monthly Rent: $7,152 $8,939 Annual Rent: $85,824 $107,263 Rental Increases: 10% Every 5 Years (December 2022) 3% Annually (July 2021) Renewal Options: Two 5-Year @ 10% Increases Two 5-Year @ 3% Annually
REIMBURSEMENTS Property Taxes: Tenant Responsibility Tenant Responsibility Insurance: Tenant Responsibility Tenant Responsibility Common Area Maintenance: Tenant Responsibility Tenant Responsibility Roof and Structure: Landlord Responsibility (2) Landlord Responsibility (2) Management Fee: 3% of Base Rent 3% of Base Rent plus 12% Admin Fee on CAM
NOTES (1) All lease provisions to be independently verified by Buyer during the Due Diligence Period (2) Transferrable 15-Year Roof Warranty
The information contained herein has been obtained from sources we deem reliable. We cannot assume responsibility for its accuracy. 7 MULTI-TENANT ONLY INCOME & EXPENSE CHIPOTLE & PACIFIC DENTAL SERVICES
ANNUALIZED OPERATING DATA
Current July 2023 Scheduled Gross Income (SGI): $193,087 $211,615 Expense Reimbursement: NNN NNN Gross Operating Income: $193,087 $211,615 Total Operating Expenses: NNN NNN Net Operating Income (NOI): $193,087 $211,615
OPERATING EXPENSES
Amount Taxes: NNN Insurance: NNN CAM: NNN Management: NNN Total Expenses: NNN
The information contained herein has been obtained from sources we deem reliable. We cannot assume responsibility for its accuracy. 8 SITE PLAN CHIPOTLE & PACIFIC DENTAL SERVICES
172ND STREET SIGN SIGN SIGN DRIVE THRU
27TH AVENUE SIGN 28TH DRIVE 28TH
ON RAMP SUITE #
DRIVE THRUDRIVE
SIGN SIGN TWIN LAKES AVENUE 171ST PLACE
N
SUBJECT PROPERTY NOT A PART
The information contained herein has been obtained from sources we deem reliable. We cannot assume responsibility for its accuracy. 9 PARCEL MAP CHIPOTLE & PACIFIC DENTAL SERVICES
SUBJECT PROPERTY N APN: 00697200000200
The information contained herein has been obtained from sources we deem reliable. We cannot assume responsibility for its accuracy. 10 SURROUNDING TENANTS | NAP
AERIAL OVERVIEW CHIPOTLE & PACIFIC DENTAL SERVICES
STRAWBERRY FIELDS ATHLETIC COMPLEX
118,000 CPD
SUBJECT PROPERTY
28TH DRIVE
DEMOGRAPHICS 172ND STREET 42,000 CPD Population: 1-Mile Radius 6,898 3-Mile Radius 24,454 5-Mile Radius 59,650
Household Income: 1-Mile Radius $65,774 3-Mile Radius $82,877 5-Mile Radius $89,258 N
The information contained herein has been obtained from sources we deem reliable. We cannot assume responsibility for its accuracy. 13 AERIAL OVERVIEW CHIPOTLE & PACIFIC DENTAL SERVICES
ARLINGTON HIGH SCHOOL - 1,604 Students - 51ST AVENUE URBAN VILLAGE PROJECT ROXY - 448-Multi-Family Units, 22,000 SF -$355 Million, 2.8 Million SF Industrial Office, 70,000 SF Retail Proposed - Development 1,000+ New Jobs Proposed - ARLINGTON MUNICIPAL AIRPORT (AWO)
118,000 CPD
42,000 CPD SUBJECT PROPERTY
172ND STREET NE
N
The information contained herein has been obtained from sources we deem reliable. We cannot assume responsibility for its accuracy. 14 AERIAL OVERVIEW CHIPOTLE & PACIFIC DENTAL SERVICES
SUBJECT PROPERTY
42,000 CPD 172ND STREET NE
118,000 CPD
N
The information contained herein has been obtained from sources we deem reliable. We cannot assume responsibility for its accuracy. 15 REGIONAL MAP CHIPOTLE & PACIFIC DENTAL SERVICES
SEATTLE-TACOMA INTERNATIONAL AIRPORT (SEA) y 1-Hour Drive from Subject Property SUBJECT y 50 Million Annual Passengers PROPERTY y 32 Airlines; 120 Domestic and International Destinations y 8th Busiest Airport in the U.S.
MARYSVILLE
SEA
N
The information contained herein has been obtained from sources we deem reliable. We cannot assume responsibility for its accuracy. 16 TENANT PROFILE CHIPOTLE & PACIFIC DENTAL SERVICES
Chipotle Mexican Grill is a leading fast-casual restaurant chain serving burritos, burrito bowls, tacos, and salads. It was ranked #12 on Restaurant Business’s “Top 500 Chain Restaurant Report” in 2019. The restaurant is popular for its fast and healthy meals made directly in front of the customer with high-quality, raw ingredients and classic cooking techniques. Chipotle leads the way in sustainable business practices as they partner with humane and environmentally friendly farmers, ranchers, and suppliers. The company has a “Food with Integrity” business model that pledges to source the most responsible and highest-quality ingredients for customers.
The company was founded in 1993 by Steve Ellis in Denver, Colorado, and in 2018, they relocated their headquarters to Newport Beach, California. They currently operate more than 2,600 restaurants in the United States, Canada, United Kingdom, France, and Germany. Chipotle is the only restaurant company of its size to own and operate all of its restaurants. The restaurant chain opened 140 new locations in 2019 and has plans to open approximately 150 to 165 locations in 2020.
Chipotle’s revenue in 2019 was $5.6 billion, an increase of 14.8% over the prior year, driven by new restaurant openings and an 11.1% increase in comparable restaurant sales. The company’s revenue is expected to surpass $6.6 billion by 2021 as they continue to drive growth with new store openings and innovative restaurant concepts. The chain recently added “Chipotlanes” at dozens of locations, allowing customers to pick up mobile orders via drive-thru lanes.
TOP HONORS
y #12 "Top 500 Chains" - Restaurant Business (2020, 2019) y #7 "World's Most Valuable Quick Service Restaurant Brand" - Statista (2020) y #12 "Top 200 Restaurant Brands" - Nation's Restaurant News (2019)
Company Type: Public (NYSE: CMG) Locations: 2,700+ Website: www.chipotle.com
The information contained herein has been obtained from sources we deem reliable. We cannot assume responsibility for its accuracy. 17 TENANT PROFILE CHIPOTLE & PACIFIC DENTAL SERVICES
Founded in 1994, Pacific Dental Services is one of the country’s leading dental support organizations, providing supported autonomy that enables dentists to concentrate on clinical excellence and the highest levels of cost-effective comprehensive patient care. It offers a range of services, including oral surgery, endodontics, oral and maxillofacial surgery, orthodontics, pediatric dentistry, and periodontics. The company pioneered the concept of Modern Dentistry so that dentists are equipped to combine advances in the latest technology with the best operational practices and procedures, highly skilled support staffs, and a commitment to ongoing training and education. Headquarted in Irvine, California, they have created strategic partnerships with Dentsply, P&G, Nobel Biocare, and Ivoclar Vivadent. Pacific Dental Services continues to grow, with more than 800 supported dental offices in 23 states across the U.S. and plans to open more than 80 new offices in several new markets each year. Because of the company's steady growth throughout its first decade of existence, and its rapid growth rate of nearly 58% in the past 3 years, Pacific Dental Services has landed on the Inc. 5000 list for the 13th consecutive year, which ranks the country’s fastest-growing private companies. April 2020, Pacific Dental Services announced the launch of TeleDentistry, a significant new initiative that allows its supported dentists the ability to increase access to care for adult and pediatric patients throughout the U.S. In 2018, the company earned $1.4 billion in revenues and an estimated earnings of $1.65 billion in 2019.
TOP HONORS
y Inc. 5000 "Fastest Growing Companies in America" - Inc. Magazine (2019) y #4 "Top 10 Heroes of the American Economy" - Inc. Magazine (2018)
Company Type: Private Locations: 800+ Website: www.pacificdentalservices.com
The information contained herein has been obtained from sources we deem reliable. We cannot assume responsibility for its accuracy. 18 TENANT OVERVIEW CHIPOTLE & PACIFIC DENTAL SERVICES
Chipotle Plots its Post-Pandemic Chipotle: ‘Nothing Is Off The Table’ Expansion When It Comes To Innovation As By Heather Lalley | April 21, 2020 Digital Sales Jump By 202% hipotle Mexican Grill, which has no debt and more than $900 million in cash on By Alicia Kelso | Oct 22, 2020 Chand, said Tuesday it expects to be able to take advantage of newly available real estate from shuttered retail locations once the immediate coronavirus crisis has hipotle’s Q3 earnings report unveiled some impressive numbers considering we’re passed. Cstill very much in the middle of a pandemic. What’s more, the fast-casual Mexican chain noted that once-resistant landlords Same-store sales were up 8.3% year-over-year—noteworthy considering the quarter are becoming more amenable to allowing drive-thrus, which the company calls lapped the launch of a successful carne asada offering. Further, revenues were up by Chipotlanes. more than 14%.
“Our new unit development pipeline is continuing to build as we remain confident Anyone looking for signs of a restaurant industry recovery might like what they about the long-term opportunity to more than double the Chipotle restaurants in see here. Last quarter, Chipotle’s comp sales were down by nearly 10%, while in Q1, the U.S., and we’re already beginning to see an increase in sites available as other reported in April, they were up just 3.3%. businesses have pulled back,” CFO Jack Hartung said during a conference call with analysts to release the company’s Q1 earnings.
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The information contained herein has been obtained from sources we deem reliable. We cannot assume responsibility for its accuracy. 19 AREA OVERVIEW CHIPOTLE & PACIFIC DENTAL SERVICES
Marysville, Washington City of y Coastal suburb located 35 miles north of Seattle; on the banks of the Snohomish River and bordered by the Cascade mountains Marysville to the east and Puget Sound to the west y 71,350+ residents; 2nd largest city in Snohomish County and 15th largest community in the state Highlights y Fastest-growing city in the state, growing at an annual rate of 2.5%; projected to add 19,000 residents by 2035 ο Rapid growth in the past quarter century, with its population quintupling between 1980 and 2000 y Known for its logging industry and later for its strawberry farms
ECONOMY y Gateway Shopping Center - Anchored by Winco Foods and major retailers Kohl’s, Ross, PetSmart and Party City $106,834 y Major industries are manufacturing, retail trade, health care, and social assistance y Tulalip Casino - 227,000-square-foot casino; employs 2,400 AVERAGE y Major employers include Marysville School District, y Seattle Premium Outlets - 500,000 square foot, high-end retail HOUSEHOLD INCOME C&D Zodiac, Walmart, City of Marysville, and Fred Meyer open-air mall with more than 110 outlet stores featuring designer and brand names including Coach, Calvin Klein, Polo Ralph y Mixed workforce of both white- and blue-collar jobs Lauren, Burberry, Ann Taylor, J. Crew, and Banana Republic y More people living here who work in computers and y Marysville School District - Serves 11,196 students and employ math than 95% of the places in the U.S. approximately 1,300 faculty and staff y Hosts a number of festivals, notably the Tulalip Pow- y Seattle–Tacoma International Airport - Just 45 miles south Wow and Strawberry Festival ο Strawberry Festival - Started 60 years ago as a one- DEVELOPMENTS day community celebration; has since grown into 55K LABOR y Ebey Waterfront - Multi-phase, mixed-use redevelopment that a ten-day event drawing people from around the will include office, civic center, retail, multi-family residential, POPULATION Puget Sound region a boardwalk, an ampitheatre, entertainment, and restaurant y Lakewood Crossing - 475,000 square foot shopping district; Phase 1 construction underway with completion center; includes Costco, Target, Best Buy, and Michaels expected in 2022 $333,840 MEDIAN HOME VALUE
SNOHOMISH RIVER STRAWBERRY FESTIVAL SEATTLE PREMIUM OUTLETS
The information contained herein has been obtained from sources we deem reliable. We cannot assume responsibility for its accuracy. 20 AREA OVERVIEW CHIPOTLE & PACIFIC DENTAL SERVICES
Seattle, Washington y Largest city in both the state and the Pacific Northwest region of North America TRADE AREA y 763,788 residents; 3.98 million metropolitan area population; 15th largest city in the nation y 505,471 employees; 2.1 million workers in the metro area Highlights y Nearby mountains and bodies of water create ample opportunities for recreational activities ο #1 "Best Cities for Outdoor Activities in America" - Niche (2020)
ECONOMY y Hub for global health with the headquarters of the Bill & Melinda Gates Foundation, PATH, Infectious Disease Research Institute, 763,000 y Economy is driven by a mix of older industrial Fred Hutchinson Cancer Research Center, and the Institute for companies, and "new economy" Internet and Health Metrics and Evaluation TOTAL technology companies, service, design, and clean POPULATION technology companies y Other major companies headquartered here include: Nintendo of America in Redmond, T-Mobile US in Bellevue, Expedia Inc. in y All sectors of the economy have seen employment Bellevue, and Providence Health & Services (the state's largest increase during the recovery, the principal driver of health care system and fifth largest employer) in Renton growth has been high productivity technology business y 37% of residents have Bachelor Degrees or higher ο 49.3% job growth in information services between 2010 and 2019 y Employment hubs include: Fremont (Google, Tableau, Adobe), South Lake Union (Amazon, Facebook), and Downtown (Expedia, Google and Facebook each have more than 4,500 ο Docusign, Virginia Mason) employees in the region, and other Silicon Valley 49.3% JOB GROWTH firms have opened or expanded Seattle area offices DEVELOPMENTS y Fortune 500 companies in the area include: Microsoft, FROM 2010-2019 y $5.0 billion in building permits in 2017, $3.9 billion in 2018, and Amazon, Starbucks, Nordstrom, Weyerhaeuser, Expedia, $4.6 billion in 2019 Costco Wholesale, Paccar, Fortive, and Alaska Air Group
Downtown Seattle Facebook's Building X Mount Rainier 10 FORTUNE 500 #1 COMPANIES 53K #4 CITY FOR TOTAL BEST CITY FOR OUTDOOR BUSINESSES ENTREPRENUERS ACTIVITIES
The information contained herein has been obtained from sources we deem reliable. We cannot assume responsibility for its accuracy. 21 AREA OVERVIEW CHIPOTLE & PACIFIC DENTAL SERVICES
Seattle, Washington y Home to the world-famous Pike Place Market, Puget Sound, Mount Rainier, the Seattle Center, and the Space Needle TRADE AREA y Numerous parks and recreation in the area include: Terry Pettus Park, Lynn Street Mini Park, Eastlake Boulodrome Park, Gas Works Park, Volunteer Park, and Rogers Playground Highlights y #4 "Best Cities for Young Professionals in America" - Niche (2020) y #13 " Best Places To Live" - U.S. News & World Report (2020)
y #2 in the U.S. for housing market price growth by ο Generates $12.5 billion, nearly 80,000 direct and indirect jobs Realtor.com (9.7% increase predicted in 2021) for the state #1 y Facebook's Building X - 350,000 square foot building ο Educates 54,000 students annually with research and development, office, and meeting ο #14 by Academic Ranking of World Universities (2018) BEST IN U.S. FOR space; in planning y Other notable colleges and universities include: Seattle Pacific BUSINESSES AND CAREERS y Washington State Convention Center - $1.9 billion University, Seattle University, and Seattle Art Institute Summit addition; scheduled to open mid-2022 y The Eight - 25-story, 540,000 square foot mixed-use TRANSPORTATION office tower in downtown Bellevue; in planning y Seattle–Tacoma International Airport (SEA) - Top 10 U.S. airport y Rainier Square - 58-story office and apartment tower; perated by the Port of Seattle; served 51.8 million passengers completed November 2020 and 453,549 metric tons of air cargo in 2019 ο $22.5 billion regional economic impact in business revenue EDUCATION $382.6B ο 151,400 jobs (87,300 direct jobs), representing over $3.6 GROSS DOMESTIC y The University of Washington - Multi-campus university billion in direct earnings, $442 million in state and local taxes in Seattle, Tacoma and Bothell, as well as a world-class PRODUCT academic medical center y Other means of transportation throughout the city include Sound Transit’s Link Light Rail, King County Metro Transit, and Seattle Center Monorail
Seattle-Tacoma International Airport The Eight Rendering University of Washington $136,796 AVERAGE TOP 10 #4 #13 HOUSEHOLD INCOME U.S. CITY FOR YOUNG BEST PLACES AIRPORT PROFESSIONALS TO LIVE
The information contained herein has been obtained from sources we deem reliable. We cannot assume responsibility for its accuracy. 22 DEMOGRAPHICS CHIPOTLE & PACIFIC DENTAL SERVICES
1-Mile 3-Mile 5-Mile Population 2024 Projection 7,593 26,626 63,607 2019 Estimate 6,898 24,454 59,650 2010 Census 5,847 21,010 52,839 2000 Census 4,753 16,921 42,304 Growth 2000-2010 23.02% 24.17% 24.90% Growth 2010-2019 17.98% 16.39% 12.89% Growth 2019-2024 10.08% 8.88% 6.63%
Households 2024 Projection 2,974 9,640 23,402 2019 Estimate 2,696 8,788 21,778 2010 Census 2,251 7,413 18,967 2000 Census 1,818 5,806 14,907 Growth 2000-2010 23.82% 27.68% 27.24% Growth 2010-2019 19.77% 18.55% 14.82% Growth 2019-2024 10.31% 9.70% 7.46%
2019 Est. Population by Single-Classification Race White Alone 5,451 20,020 49,056 Black or African American Alone 197 516 972 American Indian and Alaska Native Alone 137 416 1,241 Asian Alone 231 905 2,428 Native Hawaiian and Other Pacific Islander Alone 32 115 298 Some Other Race Alone 372 1,049 2,434 Two or More Races 405 1,231 2,853
2019 Est. Population by Ethnicity (Hispanic or Latino) Hispanic or Latino 847 2,642 6,034 Not Hispanic or Latino 6,051 21,812 53,616
2019 Est. Average Household Income $65,774 $82,877 $89,258
The information contained herein has been obtained from sources we deem reliable. We cannot assume responsibility for its accuracy. 23 CONFIDENTIALITY AGREEMENT CHIPOTLE & PACIFIC DENTAL SERVICES
The information contained herein does not purport to provide a complete or fully accurate summary of the Property or any of the documents related thereto, nor does it purport to be all-inclusive or to contain all of the information which prospective buyers may need or desire. All financial projections are based on assumptions relating to the general economy, competition, and other factors beyond the control of the Owner and Broker and, therefore, are subject to material variation. This Marketing Package does not constitute an indication that there has been no change in the business or affairs of the Property or the Owner since the date of preparation of the information herein. Additional information and an opportunity to inspect the Property will be made available to interested and qualified prospective buyers. Neither Owner nor Broker nor any of their respective officers, Agents or principals has made or will make any representations or warranties, express or implied, as to the accuracy or completeness of this Marketing Package or any of its contents, and no legal commitment or obligation shall arise by reason of the Marketing Package or its contents. Analysis and verification of the information contained in the Marketing Package is solely the responsibility of the prospective buyer, with the Property to be sold on an as is, where-is basis without any representations as to the physical, financial or environmental condition of the Property. Owner and Broker expressly reserve the right, at their sole discretion, to reject any or all expressions of interest or offers to purchase the Property and/or terminate discussions with any entity at any time with or without notice. Owner has no legal commitment or obligations to any entity reviewing this Marketing Package or making an offer to purchase the Property unless and until such sale of the Property is approved by Owner in its sole discretion, a written agreement for purchase of the Property has been fully delivered, and approved by Owner, its legal counsel and any conditions to the Owner’s obligations thereunder have been satisfied or waived. This Marketing Package and its contents, except such information which is a matter of public record or is provided in sources available to the public (such contents as so limited herein called the Contents), are of a confidential nature. By accepting this Marketing Package, you unconditionally agree that you will hold and treat the Marketing Package and the Contents in the strictest confidence, that you will not photocopy or duplicate the Marketing Package or any part thereof, that you will not disclose the Marketing Package or any of the Contents to any other entity (except in the case of a principal, who shall be permitted to disclose to your employees, contractors, investors and outside advisors retained by you, or to third-party institutional lenders for financing sought by you, if necessary, in your opinion, to assist in your determination of whether or not to make a proposal) without the prior authorization of the Owner or Broker, and that you will not use the Marketing Package or any of the Contents in any fashion or manner detrimental to the interest of the Owner or Broker.
EXCLUSIVELY LISTED BY: Jeff Lefko Bill Asher David Merisko Executive Vice President Executive Vice President Mattis Partners, LLC [email protected] [email protected] [email protected] 844.585.7682 844.585.7684 206.375.4343
$7.7B $2B 400+
$7.7 BILLION SHARED DATABASE GLOBEST. INFLUENCERS NATIONWIDE REACH $2 BILLION IN RETAIL SOLD retail sales nationwide collaborative proprietary database in retail & net lease sales retail & investors across the U.S. over 400 transactions in last 36 mos.