New Natural Grocers

New natural grocers

metro area location Actual store

New 15 year net lease For more info on this opportunity please contact: Rick Sanner Bob Sanner [email protected] | (415) 274-2709 [email protected] | (415) 274-2717 rental increases CA BRE# 01792433 CA BRE# 00869657 John Andreini Chris Kostanecki $85K Average incomes [email protected] | (415) 274-2715 [email protected] | (415) 274-2701 CA BRE# 01440360 CA BRE# 01002010 1401 North Maize Road, Wichita, KS 67212 In conjunction with KS Licensed Broker: Mark McPherson, Equity Ventures Commercial, Inc Capital Pacific collaborates. Click here to meet the rest of our San Francisco team. (720) 502-5190 | [email protected] brand new natural grocers in wichita, the Investment Highlights largest city in Kansas

PRICE: $4,828,430 RENTABLE SF. . . . 15,000 SF CAP: 6.25% LAND AREA. . . . . 1.58 Acres LEASE TYPE ...... NNN

New 15 year net lease with rental increases, high growth public company tenant

Freestanding site with additional signage and access on highly trafficked Maize Road

$85,000 average household incomes within a one mile radius

February 24, 2015, grand opening

Actual store

natural grocers | 2 Income & Expense

PRICE $4,828,430 Capitalization Rate: 6.25% Total Rentable Area (SF): 15,000 Lot Size (Acres): 1.58 STABILIZED INCOME Per Square Foot Scheduled Rent $20.12 $301,777 LESS Per Square Foot Taxes Tenant Expense $0.00 Insurance Tenant Expense $0.00 EQUALS NET OPERATING INCOME $301,777

The landlord is responsible for structure (but not roof). All other expenses (including roof) are a tenant responsibility. The store will open February 24, 2015.

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.

Actual store natural grocers | 3 Rent Roll

TENANT INFO LEASE TERMS RENT SUMMARY

Current Monthly Yearly Monthly Rent/ Yearly Rent/ Tenant Name Sq. Ft. Term Rent Rent Rent FT FT

Natural Grocers 15,000 2/24/2015 2/28/2025 $301,777 $25,148 $301,777 $1.68 $20.12

3/1/2025 2/28/2030 $26,398 $316,777 $1.76 $21.12

There are 4-5 year options, with increases for each. Detailed information can be released upon receipt of a signed Options 1-4 confidentiality agreement. Totals: 15,000 $301,777 $25,148 $301,777 $1.68 $20.12

Actual store

natural grocers | 4 West Wichita/Maize, KS

Maize High School

Surgical Specialists

Zoo Blvd

Maize South Middle/ High School

Aerial 29th St

New Market Square

21st St

SITE Sedgwick County Zoo

Wesley Rehab Hospital 13th St

Wichita Northwest High School

Via Christi Regional Health Center

Central Ave

d R r e l y

t S t s e

d R e g d i R

d R e z i a M

t S h t 9 1

t S h t 5 3 1 Maple St

Towne West Mall

Ave Kellogg

natural grocers | 5

Wichita Mid-Continent Airport 400 WICHITA West 29th Street N CITY CENTER

NEWMARKET SQUARE

REFLECTION RIDGE GOLF CLUB

235 W 21st Street N

W Zoo Boulevard N Ridge Road N Maize Road

W 13th Street N

Northwest High School McCollom Elementary TOWNE WEST SQUARE

Peterson Elementary W Central W 4th Street N Bishop Avenue Carroll Catholic High School Wilbur Middle School

ROLLING HILLS COUNTRY CLUB S Ridge Road

W Maple Street

400 S Maize Road

WICHITA MID-CONTINENT AIRPORT 235 400 natural grocers | 6 Site Plan

N Westgate Street 13th Street North

MONUMENT SIGN

Access to Maize Road

Off-Site Pylon Sign Directly on Maize Site Plan Overlay

Credit Union

natural grocers | 8 Natural Grocers

Actual store

About Natural grocers NUMBER OF EMPLOYEES Natural Grocers’ Vitamin Cottage Natural Food Markets, Inc. (Nasdaq: NGVC) 1,500 stock price went (commonly referred to as “Natural Grocers”) is a Colorado based 2014 REVENUE up 100% from July health food chain founded in 1955. The company operates 91 retail $520.7 Million 2012 to February grocery stores in 14 states mainly west of the Mississippi River. The NUMBER OF LOCATIONS 2015 company sells natural and organic products in their 6,000 - 15,000 91 square foot stores. The company went public on the Nasdaq in July, 2012. The stock price went up 100% from July 2012 though February 2015. Comp store sales have increased company-wide for 50 consecutive quarters. For the quarter ending 12/31/14, comparable store sales were up 6.2% compared to the same quarter 12 months previous For fiscal 2014, net income was $13.5 million, and net revenue was $520.7 million. As of 12/31/14 net worth was $102.5 million.

natural grocers | 9 Regional Map Wichita KS Location Desirable western wichita

natural grocers

wichita

Actual store

natural grocers | 10 Location & Demos

wichita, ks Overview Located in south-central Kansas on the Arkansas River, Wichita is the county seat of Sedgwick County and the principal city of the Wichita metropolitan Population area, which had a 2013 population of over 380,000. 1-Mile 3-Mile 5-Mile 2010 12,470 66,199 107,135 As the industrial hub and largest city in Kansas, Wichita is the center of 2014 12,709 67,432 109,957 culture, media, and trade. It hosts several large museums, theaters, parks, and 2019 13,044 69,168 113,163 entertainment venues, such as Intrust Bank Arena. Several universities are 2013 Household incomes located in the city including Wichita State University, the third largest in Kansas. 1-Mile 3-Mile 5-Mile Average $85,434 $83,860 $76,523 Wichita is also home to two large shopping centers, Towne East Square and Median $71,943 $68,730 $60,976 Towne West Square, as well as the Century II Performing Arts & Convention Center and Kansas’s largest and busiest airport, Wichita Dwight D. Eisenhower National Airport. There are non-stops to about ten cities. Top Employers in wichita Wichita’s principal industrial sector is manufacturing, specifically aircraft Cessna Aircraft Co. manufacturing, which has long dominated the local economy. Healthcare is Spirit Aero Systems Inc. Wichita’s second largest industry, employing approximately 28,000 people in Hawker Beechcraft the local area. Cargill Meat Solutions Via Christi Health During the early 20th Century oil boom in neighboring Butler County, Wichita Koch Industries also became a major oil town with dozens of oil exploration companies and support enterprises. Most famous of these was Koch Industries, today a global natural resources conglomerate still headquartered in Wichita. natural grocers | 11 A unique HUMAN Actual store The capital pacific experience - our daily commitment to our clients RESULTS-DRIVEN client experience [ www .capitalPacific .com ]

Rick Sanner Bob Sanner [email protected] | (415) 274-2709 [email protected] | (415) 274-2717 CA BRE# 01792433 CA BRE# 00869657 In conjunction with KS Licensed Broker: John Andreini Chris Kostanecki Mark McPherson, Equity Ventures Commercial, Inc (720) 502-5190 | [email protected] [email protected] | (415) 274-2715 [email protected] | (415) 274-2701 CA BRE# 01440360 CA BRE# 01002010