Offering Memorandum 677 N STATE STREET LINDON, UTAH 84042 Ty Miller Chris Hatch Tanner Olson
[email protected] [email protected] [email protected] 801.930.6792 801.930.6751 801.930.6752 CONTENTS The Offering 03 Tenant Summary 06 Investment Summary 07 Property Summary 08 Location Overview 09 E 1100 N N 600 W N 1300 W St PLEASENT GROVE JUNIOR HIGH W State St 25,000 vpd N 2000 W St Proctor Ln Center St E 200 S 5,800 vpd PLEASENT GROVE HIGH SCHOOL State St 15 677 N STATE STREET S 1300 W 700 N 21,000 vpd 34,000 vpd S Main St 184,000 vpd N 1000 W 184,000 vpd Center St OAK CANYON JUNIOR HIGH 2000 N 2000 N 15 State St 600 S 1600 N TIMPANOGOS 400 W HIGH SCHOOL E 50 S N 1300 W St E 1100 N N 600 W E 500 N W State St N 2000 W St 21,395 vpd Proctor Ln d v 14,000 vpd l B ve ro G nt sa E 200 S 29,000 vpd Plea 800 15 EMPLOYEES S Main St State St S 500 E St 34,000 vpd 184,000 vpd 33,000 vpd 700 N 21,000 vpd 677 N STATE STREET State St S 1300 W N 1000 W 15 Highlights | 5 HIGHLIGHTS IDEAL LOCATION NATIONAL CREDIT TENANTS • Outparcel to Wal-Mart Center • 100% occupied with credit tenants • Great visibility located on light anchored corner of State St & 700 N • Built in 2005 • High traffic counts exceeding 33,000 AADT on State St and 15,000 AADT on 700 N • Replaceable Rents • Dense population and high median household income • NNN Leases • Surrounding retail tenants include Wal-Mart, Smiths Food & Drug, McDonalds, Taco Bell, Wendy’s, Arby’s, Wells Fargo Bank, Jiffy Lube and many more Tenant Summary | 6 TENANT SUMMARY Little Caesar is the third-largest pizza chain in the United States, behind Pizza Hut and Domino’s Pizza.