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KEVIN HELD CHRIS HARDEN      CA Lic   „   „  TX Lic  Kevin Held@Cushwake Com Chris Harden@Cushwake Com DISCLAIMER

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KEVIN HELD CHRIS HARDEN      CA Lic   „   „  TX Lic  Kevin Held@Cushwake Com Chris Harden@Cushwake Com DISCLAIMER LITTLE ROAD | ARLINGTON, TEXAS OFFERING MEMORANDUM EXCLUSIVELY OFFERED BY: NET LEASE INVESTMENTS KEVIN HELD CHRIS HARDEN CA Lic TX Lic kevin held@cushwake com chris harden@cushwake com DISCLAIMER Cushman & Wakefield has been retained as Oering Memorandum or any other written or available to the public (such contents as so exclusive advisor to the Seller for the sale oral communication transmitted or made available limited herein are called the “Contents”) are of of the Taco Cabana parcel (the “Property”) to the recipient This Oering Memorandum a confidential nature By accepting the package approximately square feet on acres does not constitute a representation that there you agree (i) to hold and treat it in the strictest located at Little Road Arlington TX has been no change in the business or aairs confidence (ii) not to photocopy or duplicate of the Property or the Owner since the date it (iii) not to disclose the package or any of the This Oering Memorandum has been prepared of preparation of the package Analysis and contents to any other entity (except to outside by Cushman & Wakefield for use by a limited verification of the information contained in advisors retained by you if necessary for your number of parties and does not purport to this package is solely the responsibility of the determination of whether or not to make a provide a necessarily complete summary of prospective purchaser proposal and from whom you have obtained an the Property or any of the documents related agreement of confidentiality) without the prior thereto nor does it purport to be all-inclusive Additional information and an opportunity to written authorization of Owner or Cushman or to contain all of the information which inspect the Property will be made available & Wakefield (iv) to not use the package or prospective investors may need or desire All upon written request to interested and qualified any of the contents in any fashion or manner projections have been developed by Cushman prospective investors detrimental to the interest of Owner or Cushman & Wakefield the Owner and designated sources & Wakefield and (v) to return it to Cushman & Owner and Cushman & Wakefield each expressly and are based upon assumptions relating to Wakefield immediately upon request of Cushman reserve the right at their sole discretion to the general economy competition and other & Wakefield or Owner factors beyond the control of the Owner and reject any and all expressions of interest or oers regarding the Property andor terminate Cushman & Wakefield therefore are subject to The information contained herein has been discussions with any entity at any time with variation No representation is made by Cushman obtained from the owner of the property or or without notice Owner shall have no legal & Wakefield or Owner as to the accuracy or from other sources we deem reliable We have commitment or obligation to any entity reviewing completeness of the information contained no reason to doubt its accuracy but we do this Oering Memorandum or making an oer to herein and nothing contained herein is or shall not guarantee it be relied on as a promise or representation as to purchase the Property unless and until a written agreement for the purchase of the Property has the future performance of the Property Although If you have no further interest in the the information contained herein is believed to been fully executed delivered and approved by Owner and its legal counsel and any conditions Property please return this Investment be correct Owner and its employees disclaim O ering Memorandum forthwith any responsibility for inaccuracies and expect to Owner’s obligations thereunder have been satisfied or waived Cushman & Wakefield is prospective purchasers to exercise independent Executive Drive th Floor due diligence in verifying all such information not authorized to make any representations or agreements on behalf of Owner San Diego CA Further Cushman & Wakefield Owner and T F its employees disclaim any and all liability for This Oering Memorandum and the contents www cushmanwakefield com representations and warranties expressed and except such information which is a matter implied contained in and omitted from this of public record or is provided in sources TACO CABANA | ARLINGTON, TX EXECUTIVE SUMMARY Taco Cabana TENANT: (Texas Taco Cabana LP) Little Road LOCATION: Arlington TX BUILDING SIZE: square feet LAND SIZE: acres YEAR BUILT: RENT COMMENCEMENT: December December LEASE EXPIRATION: (currently in st option) One (1) five (5) year option OPTIONS: remaining LEASE TYPE: NNN Ground Lease PRICE CAP NOI ,, .% , TACO CABANA | ARLINGTON, TX INVESTMENT HIGHLIGHTS ABSOLUTE NNN GROUND LEASE • Absolute NNN Ground Lease with Taco Cabana Corporate Guarantee • No landlord responsibilities EXCELLENT VISIBILITY & ACCESS / HIGH TRAFFIC COUNTS • Combined tra£c count of (Little Road and Green Oaks Boulevard) and benefiting from a large acre site sitting just off Interstate with more than ¤¥ cars passing the subject property each day FREEWAY ONOFF RAMP LOCATION • Interstate and Green Oaks Boulevard have a full diamond interchange and connection to Interstate Frontage road providing superior visibility and immediate access to the property BELOWMARKET RENT • Taco Cabana has operated at this location for approximately ¥ years and is paying significantly below market rent IDEAL DEMOGRAPHICS FOR QSR SALES • Total population of ¥ within mile and ¤ within miles of subject property TACO CABANA | ARLINGTON, TX SURROUNDING RETAIL SOUTHEAST N TACO CABANA | ARLINGTON, TX Not to scale Parcel outlines for illustration purposes only SURROUNDING RETAIL SOUTHWEST N TACO CABANA | ARLINGTON, TX Not to scale Parcel outlines for illustration purposes only SURROUNDING RETAIL NORTH N TACO CABANA | ARLINGTON, TX Not to scale Parcel outlines for illustration purposes only SURROUNDING RETAIL NORTHEAST N TACO CABANA | ARLINGTON, TX Not to scale Parcel outlines for illustration purposes only COMPARABLE RENT MAP SIZE LAND PROPERTY SF AC NOI SUBJECT PROPERTY 4360 Little Rd. Arlington, TX Chick-fil-A 9109 Cli£ord St. DENTON Fort Worth TX Chick-fil-A 9111 Garland Rd Dallas, TX ALLEN El Pollo Loco 9425 Forest Ln PLANO Dallas, TX Pollo Tropical RICHARDSON 11440 Dallas N Tollway Frisco, TX Chick-fil-A 4901 W Sublett Rd Arlington, TX El Pollo Loco DALLAS 2822 W University Dr FORT Denton, TX ARLINGTON WORTH Jack in the box 2220 Jacksboro Hwy Fort Worth, TX El Pollo Loco 386 E Stacy Rd Allen, TX El Pollo Loco 1400 E Belt Line Rd Richardson, TX Average WAXAHACHIE N Subject Propety TACO CABANA | ARLINGTON, TX PROPERTY PHOTOS TACO CABANA | ARLINGTON, TX Taco Cabana TENANT PROFILE LESSEE: Texas Taco Cabana LP GUARANTOR: Taco Cabana Inc Taco Cabana is an American fast casual restaurant chain specializing in Mexican-inspired food made fresh by hand from unique authentic recipes and ingredients that reflect its rich Mexican heritage A wholly owned subsidiary of Fiesta Restaurant Group Inc it is headquartered in San Antonio Texas As of December Taco Cabana had locations throughout Texas Oklahoma and New Mexico Most Taco Cabana restaurants have a drive-thru and many are open hours a day Taco Cabana is known for its pink stores and semi- enclosed patio dining areas Most menu items are handmade daily on site in open display cooking areas www tacocabana com Fiesta Restaurant Group REVENUE: Million Fiesta Restaurant Group Inc through its subsidiaries owns and operates quick-casual restaurants under the Pollo Tropical and Taco Cabana brand names in the United States The company’s Pollo Tropical restaurants oer tropical and Caribbean inspired menu items featuring grilled chicken marinated in proprietary blend of tropical fruit juices and spices As of September ¤ Fiesta operated ¥ Pollo Tropical restaurants and Taco Cabana restaurants ¤ of the two being franchised Third Quarter ¤ results show Fiesta Restaurant Group increased total revenues by ¨ from the prior year period to © million due primarily to comparable restaurant sales growth at both Pollo Tropical and Taco Cabana During the same period Pollo Tropical restaurant sales increased¥¨ and Taco Cabana sales increased ¥¨ As of December Fiesta Restaurant Group had employees www frgi com TACO CABANA | ARLINGTON, TX DEMOGRAPHICS AVERAGE HH INCOME K MILE RADIUS MILE AVERAGE HH INCOME MILE MILE MILE MILE MILE POPULATION MILE MILE MILE N TACO CABANA | ARLINGTON, TX ARLINGTON, TEXAS AREA OVERVIEW Arlington is a large city boasting a population over ¥ at the Hurricane Harbor water park in addition to major league sports venues census and is conveniently located in the center of the Dallas-Ft Worth it is conveniently located at the center of the DFW Metroplex Along with Metroplex within Tarrant County Within a ¥-mile radius of the center accomplished symphonies and ballets access to world-class cultural of Arlington is a workforce of over million people amenities is easy from Arlington Arlington is the home of the ¥-student University of Texas at Arlington has ¤ public parks including River Legacy Parks a Arlington Technical education in Arlington begins with an outstanding acre oasis on the Trinity River in the heart of north Arlington The Parks Independent school district continues upward with Tarrant County SE currently oer more than eight miles of paved trails winding through community college programs and peaks with UT Arlington a state- thick forest and expansive
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