INCOME PROPERTY

Jaimi MardenJaimi Broker 509.987.2334 Mobile [email protected]

Ridgefield, WA $1,100,000.00 309N 47th & 301 Ave

SINGLE TENANT NNN PROPERTIES NNN SINGLE TENANT BREWED AWAKENINGS BREWED AWAKENINGS Dean Maldonado / Broker Principle 360.719.0276 Mobile [email protected] ROSAUERS FUEL STATION FUEL ROSAUERS

Income Property Available

CONTENTS

OVERVIEW 3

PROPERTY PHOTOS 4

TENANT PROFILES 5

AERIAL MAP 6

FINANCIAL SUMMARY 7

COMMUNITY OVERVIEW 8

Dean Maldonado Jaimi Marden Principle / Broker Broker

360.719.0276 Mobile 509.987.2334 Mobile [email protected] [email protected] Income Property Available

SALE PRICE: $1,100,000.00

TENANTS: ROSAUERS INC. & SIGN PIC HERE!!! BREWED AWAKENINGS

LOCATION: Great Ridgefield Grocery anchored location. Surrounded by 20,000 sq ft of and residential neighborhoods.

SUMMARY: Newly built and completed in 2019. Rosauers Fuel Station has 19 years remaining on origi- nal 20 year lease. Annual increases of ~1.2% and four options to renew for 5 years terms at fair market value. Brewed Awakenings has 4 years remaining on the origi- nal 5 year lease. Annual increases of 3%, and three op- tions to renew for 5 year term with 3% annual increases.

Dean Maldonado Jaimi Marden Principle / Broker Broker

360.719.0276 Mobile 509.987.2334 Mobile [email protected] [email protected] Income Property Available

PROPERTY PHOTOS

Dean Maldonado Jaimi Marden Principle / Broker Broker

360.719.0276 Mobile 509.987.2334 Mobile [email protected] [email protected] Income Property Available

TENANT PROFILE

ROSAUERS Rosauers began as a Spokane-based business since the 1940's when Merton Rosauer purchased his first little grocery store. Over the years, Rosauers has grown to include Rosauers Food & Drug stores, Super 1 Foods and Huckleberry's Natural Markets. Proudly serving the Inland Pacific Northwest, with over 20 stores located throughout , , and . Washington locations include Ellensburg, Yakima, Colville, Spokane, Colfax and Walla Walla communities. Idaho locations can be found in Moscow & Lewiston. In Montana, stores are in Libby, Kalispell, Missoula and Bozeman. As well as Hood River in Oregon.

BREWED AWAKENINGS Brewed Awakenings Coffee Roasters is a family owned business offering customers a local source for hand-roasted coffee and fresh baked goods. With seven locations spanning from the Vancouver/ Portland area to Sunriver and Bend, Oregon.

Brewed Awakenings’ locations across Vancouver, Washington, Portland, Sunriver and Bend Oregon have been turning customers into regulars with professional baristas brewing up their in-house craft-roasted beans for decades. Since 1989 patrons have been quietly discovering the finer side of coffee at the blossoming region-wide locations, which all feature fantastic coffee brewed from beans clearly roasted by the hand of an artisan.

Dean Maldonado Jaimi Marden Principle / Broker Broker

360.719.0276 Mobile 509.987.2334 Mobile [email protected] [email protected] Income Property Available

AERIAL MAP

US Nails, Ichi Teriyaki, State Farm Insurance, Taps Growler House, Rebound Orthopedic, Oasis

BREWED AWAKENINGS

Dean Maldonado Jaimi Marden Principle / Broker Broker

360.719.0276 Mobile 509.987.2334 Mobile [email protected] [email protected] Income Property Available

FINANCIAL SUMMARY

Price: $1,100,000.00

Cap Rate: 4.5 %

COMBINED ANNUAL NOI at current rate: $49,860 COMBINED ANNUAL NOI at October 2021 rate: $51,071

Fuel Station- NNN LEASE WITH 19 YEARS REMAINING ON ORIGINAL 20 YR TERM Annual increases of ~1.2% and four options to renew for 5 years terms at fair market value. Brewed Awakenings - NNN LEASE WITH 4 YEARS REMAINING ON ORIGINAL 5 YR TERM Annual increases of 3%, and three options to renew for 5 year terms with 3% annual increases.

Dean Maldonado Jaimi Marden Principle / Broker Broker

www..FDMdevelopment.com 360.719.0276 Mobile 509.987.2334 Mobile [email protected] [email protected] Income Property Available

COMMUNTIY OVERVIEW

Ridgefield Washington Ridgefield’s Discovery Ridge is located in a fast-growing community that’s in close proximity to arts, culture, and resources available in the Portland/Vancouver Metro Area, the opportunities for a business are significant.

LOCATION ADVANTAGES:

• 20 minutes to PDX • 25 minutes to Portland CBD • 12 minutes to Vancouver CBD • 2 minutes from New Interstate 5 Interchange • Located in the heart of the Discovery Corridor 10 minutes to Washington State University, Vancouver

Dean Maldonado Jaimi Marden Principle / Broker Broker

360.719.0276 Mobile 509.987.2334 Mobile [email protected] [email protected]