Big 5 Sporting Goods HERMISTON, OREGON Overview

Big 5 Sporting Goods

1968 N 1ST STREET, HERMISTON, OR 97838

PROPERTY CAN BE PURCHASED SEPARATELY OR TOGETHER WITH ADJACENT SINGLE-TENANT PETSENSE. PAGE 3

Investment Summary

LEASEABLE SF LAND AREA LEASE TYPE 10,000 SF 33,977 SF NNN

LEASE EXPIRATION YEAR BUILT PRICE PER SF 01/31/2029 2008 $204

$2,040,000 7.00% PRICE CAP

THE OFFERING provides an opportunity to purchase a freestanding NNN Big 5 Sporting Goods location with more than 10 years remaining. The publicly-traded Big 5 Sporting Goods (NASDAQ:BGFV) recently executed two, five-year options early, demonstrating their strong commitment to Hermiston.

Overview Investment Highlights

BIG 5 MADE A STRONG COMMITMENT TO THE LOCATION

WHEN THEY RECENTLY EXECUTED TWO, FIVE-YEAR OPTIONS.

THE HIGH QUALITY ASSET WAS BUILT-TO-SUIT FOR THE PUBLICLY-

TRADED BIG 5 IN 2008 AND HAS 10 YEARS REMAINING ON THE LEASE.

NNN LEASE TERMS PROVIDE MINIMAL MANAGEMENT RESPONSIBILITY.

LOCATED ALONG MAIN COMMERCIAL CORRIDOR IN HERMISTON IN

CLOSE PROXIMITY TO WALMART SUPERCENTER AND HOME DEPOT.

WITH EXCELLENT ACCESS AND VISIBILITY TO THE MAIN NORTH-

SOUTH THOROUGHFARE, BIG 5 BENEFITS FROM THE NEARLY 20,000

VEHICLES PER DAY ALONG NORTH 1ST STREET.

PROPERTY IS OFFERED SEPARATELY AND TOGETHER WITH ADJACENT

FREESTANDING PETSENSE STORE, RECENTLY CONSTRUCTED IN 2016. PAGE 5

About the Tenant

BIG 5 SPORTING GOODS Big 5 Sporting Goods is one of America’s top retailers of name brand sporting goods and accessories. The company’s product mix includes a broad selection of athletic equipment and outdoor recreational sporting goods as well as athletic shoes and apparel. BGFV 1955 NASDAQ YEAR FOUNDED 435 9,500 LOCATIONS ACROSS TOTAL EMPLOYEES 11 WESTERN STATES Investment Highlights Surrounding Retail Business summary

TOTAL 1-MILE 3-MILES 5-MILES

Businesses 257 830 1,012

Employees 2,570 9,298 11,749

Population 4,651 23,258 33,536

KEY 1-MILE 3-MILES 5-MILES

MAJOR RETAIL ACE Hardware GameStop Rite Aid AutoZone Goodwill Rue 21 Big Lots Harbor Freight Safeway Bi-Mart Home Depot Shari’s Burger King Jack in the Box Starbucks Dairy Queen McDonald’s Subway Dollar Tree Napa Auto Taco Bell Fiesta Foods O’Reilly Auto Parts Walmart Supercenter Pizza Hut BIG 5 PAGE 7 SPORTING GOODS

19,700 VPD

COUNTY RD 1275 S FIRST ST

209 HERMISTON HWY

GOOD SHEPHERD HEALTH CARE

ROCKY HEIGHTS ELEMENTARY SUNSET SCHOOL ELEMENTARY SCHOOL

WEST PARK ELEMENTARY 395 SCHOOL

HERMISTON HIGH SCHOOL Surrounding Retail Site Plan 19,700 PHOTO ONTHISPAGE UPDATE THESTATS 7BACKGROUND MARKETING -DONOT FORGETTO VPD SOUTH 1ST ST E THEATER LANE LEASEABLE SF 4.2/1,000 SF 42 SPACES; 10,000 ACRES 0.78 PAGE 9

NEIGHBORING PROPERTY ALSO AVAILABLE CLICK HERE

SITE PLAN NOT TO SCALE

Site Plan Income & Expense

Financial Summary

PRICE $2,040,000 CAPITALIZATION RATE 7.00% PRICE PER FOOT $204

CASH FLOW SUMMARY SCHEDULED INCOME PER SF Base Rent for the Period of: 2/1/2019 - 1/31/2020 $14.25 $142,464 Total Effective Gross Income (EGI) $14.25 $142,464

OPERATING EXPENSES Per SF CAMS NNN Property Taxes NNN Insurance NNN Total Operating Expenses NNN -

NET OPERATING INCOME $142,464

10/23/2018 [ ]

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. PAGE 11

Rent Rent Roll roll

BIG 5 - HERMISTON

Lease Term: 2/4/2008 - 1/31/2029

Size (SF): 10,000

RENT SUMMARY

MONTHLY ANNUAL DATE % INCREASE PSF BASE RENT RENT

2/1/2019 $11,872 $142,464 $14.25 2/1/2024 $13,059 10% $156,710 $15.67

OPTIONS 2, 5-YR 6-Months' Notice 3 2/1/2029 $15,801 21% $189,612 $18.96 4 2/1/2034 $17,381 10% $208,573 $20.86

CURRENT $11,872 $142,464 $14.25

Lease Notes Comments: Tenant operates on a NNN lease with Landlord responsible to repair and replace the roof and structrual elements of the building. Tenant recently exercised first two of four option periods.

10/23/2018 [ ] Financial Summary Featured Photography PAGE 13

Featured Photography Location Hermiston, Oregon

HERMISTON, OREGON is the largest city by population in Eastern Oregon. The fast growing city is the retail hub for several surrounding counties and is the daily needs provider for an expansive trade area. PAGE 15

LAMB WESTON FACTORY

Lamb Weston

LAMB WESTON, A MAJOR POTATO SUPPLIER BASED OUT OF IDAHO announced in December 2017 it would be expanding its french fry processing plant in Hermiston. The company, who already employs more than 1,300 in Hermiston, will be investing $250 million into a new state-of-the-art processing line with the potential to add another 170 full-time jobs. CLICK HERE FOR MORE INFO

Location Demographics

KEY 5 MINS 10 MINS 15 MINS

Distance Tri-Cities, Boise, to Wahsington Idaho

34 MILES 251 MILES 38 MINS 3 HRS 53 MINS PAGE 17

Drive time

POPULATION

5 MINS 10 MINS 15 MINS

2010 8,425 26,699 32,649

2018 8,769 27,881 34,073

2023 8,920 28,402 34,714

2018 HH INCOME

5 MINS 10 MINS 15 MINS

Average $54,580 $59,378 $60,882

Median $41,065 $48,557 $50,102

76,985

UMATILLA COUNTY POPULATION (ESTIMATED)

Demographics Contact Us We’d love to hear from you.

KEVIN ADATTO MICHAEL HORWITZ [email protected] [email protected] PH: 503.675.7726 PH: 503.675.8381

SCOTT FRANK SEAN MACK [email protected] [email protected] PH: 503.675.8383 PH: 503.675.8378

PETER DUNN DAVID GELLNER [email protected] [email protected] PH: 503.607.0197 PH: 206.693.3349

The information in this Executive Summary 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. All rights reserved to Capital Pacific, LLC.