Jurupa Spectrum Entertainment Center 8012-8082 Limonite Avenue Jurupa Valley, California

JURUPA SPECTRUM ENTERTAINMENT CENTER 8012-8082 LIMONITE AVENUE JURUPA VALLEY, CALIFORNIA

Barret Woods | Senior Vice President - Principal 909.373.2921 [email protected] DRE #: 01355354 3535 Inland Empire Blvd., Ontario, CA. 91764 Corporate ID #: 00976995 Lee & Associates® - Ontario Offering Memorandum Confidentiality Agreement

The information contained in the following Marketing Brochure is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from Lee & Associates – Ontario and should not be made available to any other person or entity without the written consent of Lee & Associates-Ontario. This Marketing Brochure has been prepared to provide summary, unver- ified information to prospective purchasers, and to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation. Lee & Associates-Ontario has not made any investigation, and makes no warranty or representation, with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and square footage of the property and improvements, the presence or absence of contaminating substances, PCB’s or asbestos, the compliance with State and Federal regulations, the physical condition of the improvements thereon, or the financial condition or business prospects of any tenant, or any tenants plans or intentions to continue its occupancy of the subject property. The information contained in this Marketing Brochure has been obtained from sources we believe to be reliable, however, Lee & Associates-Ontario has not verified, and will not verify, any of the information contained herein, nor has Lee & Associates-Ontario conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided.

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TABLE I. Executive Summary The Offering OF CONTENTS II. Property Information Description Investment Highlights Site Plan Aerial Map III. Financials and Tenancy Five Year Cash Flow Projections Rent Roll Tenant Profiles *TENANT FINANCIALS AVAILABLE UPON REQUEST IV. Location Inland Empire Overview

The information contained herein is obtained from sources believed to be reliable. However, we have not verified it and make no guarantees, warranties or representations as to the completeness or accuracy thereof. The presentation of this property is used for example and is submitted subject to errors, omissions, change of price or conditions, and is subject to prior sale, lease or withdrawal without notice. lee-associates.com LOCAL EXPERTISE. INTERNATIONAL REACH. WORLD CLASS. Lee & Associates® - Ontario Offering Memorandum

I. Executive Summary

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Lee & Associates Ontario is pleased to offer to qualified investors an opportunity to purchase The Jurupa Spectrum Center, Jurupa Valley’s primary entertainment destination. The property is comprised of ±124,817 square feet of gross leas- able area dominated by a mix of national name brand retailers, such as Walgreen’s, Untied States Postal Service, Starbucks, Papa Johns, AT&T, and Big 5. In addition, there is a complimentary mix of well established regional and local tenants such as Tristone Cinema Group (6 locations), Juan Pollo (27 locations) and Healthy Body Fitness Center. The property is being offered below replacement cost, at a low per square foot price of approximately $177.60 PSF. Approximately 85% of the current rent roll is backed by name brand credit, lengthly lease terms and steady rental escalations, providing a Buyer with stable appreci- ation. The center is supported by strong tenants that offer long-term upside potential through rental escalations, additional lease-up and market growth. In addition, DaVita Dialysis (NAP) just completed a brand new freestanding medical building adjacent to the United States Postal Service, attracting additional traffic to the center. If desired, an investor can spin off the out-parcels at a much lower Cap Rate/Higher Price PSF, thereby lowering their PSF basis. Situated on 15.44 acres, there is a great deal of upside in expanding the project by constructing additional buildings within the excess parking lot areas. This is a unique opportunity to purchase a well-maintained, stabilized entertainment center at below replacement cost. Comprised of a dominated mix of national and regional credit tenants, and is at a much lower price per square foot than comparables. As Jurupa Valley’s primary retail entertainment attraction, this is an investor’s opportunity to own a premier trophy asset.

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8012-8082 Limonite Avenue, ADDRESS: Jurupa Valley, CA.

BUILDING SIZE: ±124,817 SF

NUMBER OF BUILDINGS: Six (6)

CONSTRUCTION TYPE: Block Masonry, Single Story

IMPROVEMENTS: 2015-2017 Remodel

PARKING SPACES: ±1,100

PROPERTY ZONING: C01

LOT SIZE: ±672,567 SF (15.44 Acres)

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Offering Summary

PRICE: $22,167,757

CURRENT CAPITALIZATION 7% RATE:

NET OPERATING INCOME: $1,551,743 Subject Property Subject Property

CURRENT OCCUPANCY: 100%

NET RENTABLE AREA: ±124,817

All Cash or Cash to New FINANCING: Financing

YEAR BUILT: 2000 / 2017 Remodel

Walgreen’s Starbucks AT&T Tristone Theaters Papa John’s MAJOR TENANTS: Big 5 Wing Stop USPS Sprint Juan Pollo T-Mobile

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lee-associates.com LOCAL EXPERTISE. INTERNATIONAL REACH. WORLD CLASS. Lee & Associates® - Ontario Offering Memorandum Local Amenities Amenities Local

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II. Property Valuation

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NUMBER OF TENANTS: 22 , PS f dR PG PI Property Valuation Property Valuation TOTAL PROJECT BUILDING SF: XTÿQ124,817 QQHGÿ Cbÿ HGCY ` ÿE CÿE FÿQ PG PW PG PG PC PW ÿ ÿ RQYÿ hE QTb ÿ RFi E Fb ÿ RQTÿ PG dR 7BMXÿ ÿRQYÿW PQ ÿ DR VHÿ E FFSHTÿ C DE Fÿ GHI

TOTAL LAND SIZE (10 PARCELS TO- PG ±672,564ÿCDEFÿGHI SF (15.44 Acres) fE cH CE ÿ PG PdE ÿ PQ CD CÿEFÿQ ÿ ' ÿ ( ) 0ÿ ' ! ÿ 1 ' ! TALING): PG TÿW bÿRQTÿ PS FFE PG ÿ DHGHE Qÿ E Fÿ U ÿ fR TOTAL PARKING SPACES: ±1,100PG Spaces CÿWEGFCÿR PC dÿ PQ PC ÿCDHÿGHI ÿ ÿ ! " # ÿ $ÿ %X&B% GGR QC Y ÿ R F ÿ C PG dR PW ÿ R Qÿ R a F C GR UC b ÿ X H ÿTSHÿC ÿ R Qÿ E QF SGH Tÿ I G C b ÿ GHUE IE HQCÿ R YÿQ

MAJOR TENANTS: Walgreen’s, Spring,ÿ Starbucks, C E C X Hÿ E QFSGRQUHÿ Big

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MARKET/SUBMARKET: PQ

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Investment Highlights

Premier Area Entertainment Destination: • Theater-Anchored Destination Center, Well Maintained • 100% Occupancy • Mix of National and Regional Credit - Includes Walgreen’s, Starbucks, TriStone Cinema, USPS, Big Five and Many More • Majority of Long Term NNN with Stable Rental Increases

Surrounding Retailers: • Kmart, Rite Aid, 7-Eleven, Chase Bank, Taco Bell, Del Taco, Wells Far- go Bank, Firestone Auto Care, Circle K, KFC, Subway, Stater Brothers, Express Way Accessibility: Crunch Fitness and Many More Upside Potential • Conveniently surrounding I-15, CA-60 and CA-91 Freeways

Signalized Intersection Location: Rapidly Growing: • Limonite Avenue is a major high traffic pass-thru • Resilient Location in Fast Growing Riverside Sub Area • Clay Avenue is a busy cross-over street • Main Retail Corridor - Jurupa Valley’s #1 Retail Center • Corner Intersection allows maximum visibility • Jurupa Valley has a population of ±103,541 • Major Street Visibility with Three Separate Points of Access • Includes Three Separate Monument Signs with Excellent Visibility Break Up Value Add: • Low Project Basis: A low basis translates to very competitive NNN High Density Retail Trade Area: Expenses adding attractive market rates thereby beating out the • Out-parcel: Walgreen’s (NYSE: WAG) - S&P Rated BBB - Investment competition • Offered at $186 PSF which is well below replacement cost Grade • Retail Out-parcels Can Be Spun Off at a very low cap rate • Starbucks Drive-Thru attracts thousands of visitors per week • Opportunity to Reduce Basis • With 14 Screens, the First Tier (TriStone Cinema) Theatre Serves Beer and Wine Expansion Development • United States Postal Service provide major foot traffic and exposure • Two additional pads offer the ability to expand the center by con- to the center structing additional buildings • Or sell off the pads to a developer, investor or a user • With ±1,100 Parking Spaces the center has abundant room for growth

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lee-associates.com LOCAL EXPERTISE. INTERNATIONAL REACH. WORLD CLASS. Lee & Associates® - Ontario Offering Memorandum El Palomino Dr. SITE PLAN

Health & NAP Body Fitness **

. Clay St. a Dr NAP laz The Beach Brewery P nza Pending... A De T-Mobile Impluse Fashion Vape Roots NAP Papa John’s Sprint Taco Villa Crepelicious Nail Club Juan Pollo

** Ground Lease Only

** Limonite Ave.

NAP

Future Pads

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BUILDING PHOTOS

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BUILDING PHOTOS

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AERIAL

NAP

El Palomino Dr.

Clay Street

Limonite Avenue

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AERIAL

Subject Property

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MAP

Subject Property

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III. Financials and Tenancy

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FIVE YEAR CASH FLOW PROJECTIONS

Year1 Year 2 Year 3 Year 4 Year 5

*Potential Base Rental Revenue $1,886,275 $1,914,569 $1,949,288 $1,973,437 $2,002,024

Estimated Vacancy N/A 2% 3% 3% 3%

Absorption & Turnover Vacancy - $38,291 $58,299 $59,173 $60,060

Scheduled Base Rental Revenue $1,886,275 $1,876,278 $1,884,989 $1,913,264 $1,941,964

NNN Expense Reimbursement Revenue - - - - -

(P-Tax, Insurance, CAMs, Property Management) $303,758 $307,508 $311,125 $314,534 $317,975

EFFECTIVE GROSS REVENUE $2,190,033 $2,183,786 $2,196,114 $2,227,798 $2,259,939 Property Taxes $243,000 $245,430 $247,884 $250,363 $252,867

Insurance $28,856 $28,856 $29,145 $29,436 $29,730

Cleaning $40,201 $40,201 $40,603 $41,009 $41,419

Utilities $102,441 $103,465 $104,500 $105,545 $106,600

Repairs & Maintenance $29,500 $30,000 $30,500 $31,000 $31,500

Misc. $14,123 $15,000 $15,500 $16,000 $16,000

Landscaping, Pest & Grounds. $49,621 $49,621 $50,117 $50,618 $51,125

Roof & HVAC $19,500 $20,000 $20,500 $20,500 $21,000

Security $54,460 $56,160 $56,722 $57,289 $57,862

Property Management @ 3% of BR $56,588 $57,437 $58,299 $59,173 $60,061

TOTAL OPERATING EXPENSES $638,290 $646,170 $653,770 $660,933 $668,164

NET OPERATING INCOME $1,551,743 $1,537,616 $1,542,344 $1,566,865 $1,581,775

Running Cap Rate 7% 7% 7% 7.10% 7.20%

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RENT ROLL

Address / Suite # Tenant Square Rent NNN/CAM Monthly Rent Lease Lease Feet Fee Rent/SF Escalations Commencement Expiration 8012 Limonite *Verizon ±5,600 * $1,723.76 - - - - Options: None Notes: Verizon is not a part of the sale. However, they do share a portion of the parking lot and common area maintenance fees.

8022-101 Limonite Juan Pollo ±1,252 $1,727.23 $567.81 $1.35 2% Annually 8/15/2014 8/31/2024 Options: (2) 5 Year Options with Annual CPI Increase

8022-102 Limonite Nail Club ±1,048 $2,184.84 $485.27 $2.04 2% Annually 12/31/1999 8/31/2023 Options: None

8022-103 Limonite Sushi ±1,201 $2,652.25 $556.11 $2.08 3% Annually 5/1/2016 10/31/2023 Options: (2) 5 Year Options at FMV

8022-104 Limonite Taco Villa ±2,054 $2,990.09 $951.09 $1.41 3% Annually 6/1/2016 Properties For Lease Available 5/31/2026 Options: None Note: Annual Increases Start 07/01/2019

8022-106 Limonite Sprint ±1,179 $1,970.53 $545.93 $1.43 3% Annually 10/1/2014 10/31/2018 Options: (2) 4 Year Options at 3% Greater than Previous Year

8022-107 Limonite Papa Johns ±1,600 $3,166.80 $740.87 - 1.5% Annually 2/1/2018 1/31/2023 Options: (2) 5 Year Options at FMV

8022-108 Limonite Vape Roots ±963 $1,673.75 $445.91 $1.59 3% Annually 2/1/2015 2/28/2020 Options: (1) 5 Year Option at 3% Greater than Previous Year

8022-109 Limonite Impluse Fashion ±1,619 $1,917.86 $749.66 $1.15 3% Annually 8/1/2017 7/31/2020 Options: (2) 5 Year Options at 3% Greater than Previous Year

8022-110 Limonite T-Mobile ±1,486 $2,487.45 $728.00 $1.63 3% Annually 8/1/2017 7/31/2022 Options: (2) 5 Year Options with 3% Greater than Previous Year

8022-111 Limonite Pending ±2,213 $3,873.00 $1,017.89 $1.75 2% Annually 3/1/2018 2/28/2023

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RENT ROLL (CONTINUED)

Address / Suite # Tenant Square Rent NNN/CAM Monthly Rent Lease Lease Feet Fee Rent/SF Escalations Commencement Expiration 8022-113 Limonite The Beach Restaurant ±,5337 $6,383.94 $2,455.00 $1.09 3% Annually 2/14/2011 2/28/2017 and Brewery Options: (1) 5 Year Option at FMV 8032 Limonite Tristone Cinema Group ±60,440 *$59,470.97 Gross Lease $0.984 7% Increase 10/1/2011 11/30/2031 LLC 10/23 and every 3 years thereafter plus percentage rent Options: None Notes: Tristone Cinema’s Annual Base Rent is $588,020.64. In addition, they pay a percentage rent based on annual gross sales. In 2018, the annual percentage rent paid was $125,631. 8042-101 Limonite Starbucks Corporation ±2,178 $10,587.50 $1,067.22 $4.86 2% Year 6, 3.5% 8/4/2017 8/31/2027 Year 11, 10% Year 16 and 10% Year 20 Options: (3) 5 Year Options

8042-102 Limonite WingStop ±1,377 $3,786.75 $675.00 $2.75 10% Year 7, 9/1/2017 10/31/2024 15% Year 11 and Year 16 Options: (3) 5 Year Options

8044 Limonite Walgreen’s ±14,820 $14,666.67 $4,297.80 $0.99 10/01/24 - 10/1/2005 9/30/2020 $16,133 and Multiple Others Options: NONE

8052-101 Limonite AT&T ±1,179 $2,358.00 $545.93 $2.00 - 8/1/2011 7/31/2020 Options: None

8052-102 Limonite Big 5 Sporting Goods ±10,500 $15,000 - $1.43 Each Option Rate 4/1/2015 1/31/2021 is 10% Great- er - First Option 02.01/2021 Options: (4) 5 Year Options

8080 Limonite *Davita ±10,000 - $2,079.19 $0 - - - Options: NONE Notes: Davita is not part of the sale. However, they do share a portion of the parking lot and common area maintenance fees.

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RENT ROLL (CONTINUED)

Address / Suite # Tenant Square Rent NNN/CAM Monthly Rent Lease Lease Feet Fee Rent/SF Escalations Commencement Expiration 8082-101 Limonite United States Postal ±8,906 $12,499.92 $4,179.88 $1.47 - 7/15/2017 7/14/2027 Service Options: (2) 5 Year Options at FMV 8082-102 Limonite Healthy Body Nutrition ±5,013 $6,592.00 $2,456.00 $1.29 - 04/01/2018 03/31/2028 & Fitness Center Options: (2) 5 Year Options at FMV

8062 Limonite Future Pad ------Options: NONE

8072 Limonite Parking Lot Recycling N/A $1200.00 N/A - - 02/01/2019 01/31/2020 Center Options: NONE

TOTALS ±140,417 $157,189.55 $26,268.32

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TENANT PROFILES

AT&T Inc. AT&T Inc. is an American multinational conglomerate holding company, headquartered at Whitacre Tower in downtown Dal- T-Mobile las, Texas. AT&T is the world’s largest telecommunications company. AT&T is the second largest provider of mobile telephone As America’s Un-carrier, T-Mobile US, Inc. (NASDAQ: TMUS) services and the largest provider of fixed telephone services in is redefining the way consumers and businesses buy wireless the United States, and also provides broadband subscription services through leading product and service innovation. The television services through DirecTV; combined with AT&T’s Company’s advanced nationwide 4G LTE network delivers legacy U-verse service, this also makes AT&T the largest pay outstanding wireless experiences to 69.6 million customers television operator. AT&T is the second-largest company in Tex- who are unwilling to compromise on quality and value. Based as, behind Exxon Mobil. As of February 2017, AT&T is the 12th in Bellevue, Washington, T-Mobile US provides services largest company in the world (non-oil and overall) as measured through its subsidiaries and operates its flagship brands, by a composite of revenues, profits, assets and market valuation. T-Mobile and MetroPCS. AT&T is the largest telecommunications company in the world by revenue. As of 2017, it is also the 21st-largest mobile telecom Website: www.t-mobile.com operator in the world, with 138.8 million mobile customers. AT&T Revenue: $39.63 billion was ranked at #4 on the 2017 rankings of the world’s most valu- Employees: 50,000 able brands published by Brand Finance. Locations: 2,000 Headquarters: Bellevue, WA Website: www.att.com Revenue: $160.71 billion Employees: 256,800 Locations: 16,000 Headquarters: Dallas, TX

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TENANT PROFILES (CONTINUED)

Website: www.big5sportinggoods.com BIG 5 SPORTING GOODS Revenue: $1.03 billion Employees: 9,000 Big 5 Sporting Goods is one of America’s top retailers of name brand sporting goods and Locations: 433 accessories. As of January 1, 2017, Big 5 had 433 locations spread throughout 11 western Headquarters: El Segundo, CA states.

They provide a full-line product offering in a traditional sporting goods store format that av- erages approximately 11,000 square feet. Our product mix includes athletic shoes, apparel and accessories, as well as a broad selection of outdoor and athletic equipment for team sports, fitness, camping, hunting, fishing, tennis, golf,winter and summer recreation and roller sports.

WALGREEN’S, INC. The Walgreen Company (simply Walgreen’s, or sometimes archaically Walgreen) is an American company that operates as the second-largest pharmacy store chain in the United States behind CVS Health. It specializes in filling prescriptions, health and wellness products, health information, and photo services. As of August 31, 2016, the company operated 8,175 stores in all 50 states, the District of Columbia, Puerto Rico, and the U.S. Virgin Islands. It was founded in Chi- cago, Illinois, in 1901. The Walgreen’s headquarters office is in the Chicago suburb of Deerfield, Illinois.

In 2014 the company agreed to purchase the remaining 55% of Switzerland-based Alliance Website: www.walgreen’s.com Boots that it did not already own to form a global business. Under the terms of the purchase, Revenue: $120.45 billion the two companies merged to form a new holding company, Walgreen’s Boots Alliance Inc., on Employees: 235,000 December 31, 2014. Walgreen’s became a subsidiary of the new company, which retains its Locations: 8,100 Deerfield headquarters and trades on the Nasdaq under the symbol WBA. Headquarters: Deerfield, IL

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TENANT PROFILES (CONTINUED)

STARBUCKS CORP. Starbucks Corporation is an American coffee company and coffeehouse chain. Starbucks was founded in Seattle, Washington in 1971. As of November 2016, it operates 23,768 locations worldwide. Starbucks is considered the main representative of “second wave coffee”, initially distinguishing itself from other coffee-serving venues in the US by taste, quality, and customer experience while popularizing darkly roasted coffee. Since the 2000s, third wave coffee makers have targeted quality-minded coffee drinkers with hand-made coffee based on lighter roasts, while Starbucks nowadays uses automated espresso machines for efficiency and safety reasons. Starbucks locations serve hot and cold drinks, whole-bean coffee, micro-ground instant coffee known as VIA, espresso, caffe latte, full- and loose-leaf teas including Teavana tea products, Evolution Fresh juices, Frappuccino beverages, La Boulange pastries, and snacks including items such as chips and crackers; some offerings (including their annual fall launch of the Pumpkin Spice Latte) are seasonal or specific to the locality of the store. Many stores sell pre-packaged food items, hot and cold sandwiches, and drinkware including mugs and tumblers; select “Starbucks Evenings” locations offer beer, wine, and appetizers. Starbucks-brand coffee, ice cream, and bottled cold coffee drinks are also sold at grocery stores. Website: www.starbucks.com Locations: 27,768 Revenue: $22.39 billion Headquarters: Seattle, WA Employees: 277,000

UNITED STATES POSTAL SERVICE The United States Postal Service (USPS; also known as the Post Office, U.S. Mail, or Postal Service) is an independent agency of the United States federal government responsible for providing postal service in the United States. It is one of the few government agencies explicitly authorized by the United States Constitution. The U.S. Mail traces its roots to 1775 during the Second Continental Congress, when Benjamin Franklin was appointed the first postmaster general. The Post Office Department was created in 1792 from Franklin’s operation, elevated to a cabinet-level department in 1872, and transformed in 1971 into the U.S. Postal Service as an independent agency. The USPS as of February 2015 has 617,254 active employees and operated 211,264 vehicles in 2014. The USPS is the operator of the largest civilian vehicle fleet in the world. The USPS is legally obligated to serve all Americans, regardless of geography, at uniform price and quality. The USPS still has exclusive access to letter boxes marked “U.S. Mail” and personal letterboxes in the United States, but now has to compete against private package delivery services, such as United Parcel Service and FedEx. Website: www.usps.com Locations: 31,585 Revenue: $71.4 billion Headquarters: Washington, DC Employees: 617,254 lee-associates.com LOCAL EXPERTISE. INTERNATIONAL REACH. WORLD CLASS. Lee & Associates® - Ontario Offering Memorandum

TENANT PROFILES (CONTINUED)

TRISTONE CINEMAS Tristone Cinemas is a Cinema Group located within Southern California, with locations in Brea, Palm Desert, Rancho Cucamonga, Riverside, Simi Valley and Temec- ula. Tristone Cinema Group has been one of California’s leading entertainment theaters providing viewers with a must see experience for over 10 years. TriStone Cinema has began to upgrade and remodel their locations to now provide the relaxed reclined seat- ing and in house alcoholic beverage services for their adult viewers. Website: www.tristonecinemas.com

PAPA JOHN’S INC. SPRINT CORP. Over 5,000 restaurants worldwide—including more than 1,600 inter- Sprint is the 4th Largest Mobile Network Operator in the United States. The Sprint national restaurants in 45 countries and territories. We thank you, our network serves more than 54 million customers. The company offers services valued customers, for voting us #1 in customer satisfaction and product through the various subsidiaries under Boost Mobile, Virgin Mobile and Assurance quality among QSR-pizza brands in 2017. Wireless. With a strong track record of digital “firsts” that have made ordering easy Sprint has over 30,000 employees and over 4,500 stores throughout the United for customers, Papa John’s has created a digital experience that custom- States, which has made it one of the largest retailer. Not to mention, the stores that ers love. Our digital and mobile channels now account for more than 50 carry their subsidiaries of Boost Mobile, Virgin Mobile and Assurance Wireless. percent of Papa John’s total U.S. sales (delivery and carryout), making us Sprints origins began in 1899 in Abilene, Kansas and since its start, it has only the first in the industry to surpass this milestone! continued to grow and dominate. Even after over 30 years, what makes Papa John’s different is our drive to be the best. We continue to make investments in our ingredients for Website: www.sprint.com our customers and stay true to our vision: Better Ingredients. Better Revenue: $33.17 billion Pizza. Employees: 28,000 Website: www.papajohns.com Locations: 4,500 Revenue: $1.76 billion Headquarters: Overland Park, KS Employees: 23,100 Locations: 5,097 Headquarters: Louisville, KY

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TENANT PROFILES (CONTINUED)

JUAN POLLO Juan Pollo was founded right here in Southern California by Albert Okura. Albert is a philanthropist and is active in trying to revitalize Historic Route 66. Together with his family, Albert opened their first restaurant location in January, 1984 in Ontario, California and the rest is fast food history. To date, the restaurant has spanned more than 26 locations throughout Southern California, most of them located within the Inland Empire. Albert’s goal is to ultimately turn his Juan Pollo chain into a national and international chain. His plan is to continue to build his empire one restaurant at a time. Website: www.juanpollo.com Locations: 26

WING STOP We’re not in the wing business. We’re in the flavor business. It’s been our mission to serve the world flavor since we first opened shop in ’94, and we’re just getting started. 1997 saw the opening of our first franchised Wingstop Inc. location, and by 2002 we had served the world one billion wings. It’s flavor that defines us and has made Wingstop Inc. one of the fastest growing brands in the restaurant industry. Wingstop Inc. is the destination when you crave fresh never faked wings, hand-cut seasoned fries and any of our famous sides. For people who demand flavor in everything they do, there’s only Wingstop Inc. – because it’s more than a meal, it’s a flavor experience.

Website: www.wingstop.com

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IV. Location

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AREA OVERVIEW JURUPA VALLEY, CA

Jurupa Valley was incorporated in July of 2011, making it the 482nd City in California and the 28th City in Riverside County. Today is a mix of high and low-density residential development, rural farming and other agricultural activities, and a mix of commercial retail and industrial activity. Two primary transportation corridors traverse the Jurupa Valley area, Interstate 15 which runs north and south, and State Highway 60, which runs east and west. It has been in recent years that residential development and economic activity has increased, in particular in the areas adjacent to the I-15 and Hwy 60. The City has significant capacity for expansion of both residential and commercial development activity in the future. The city covers a 44-square mile area encompassing the communities of Jurupa Hills, Mira Loma, Glen Avon, Pedley, Indian Hills, Bell- town, Sunnyslope, Crestmore Heights and Rubidoux. Available Properties For Sale - Industrial Buildings Available

GOLF RIVERSIDE COUNTY REGIONAL PARK & OPEN SPACE DISTRICT

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AREA OVERVIEW (CONTINUED) THE INLAND EMPIRE

The Inland Empire also known as “The IE,” is an area approximately 60 miles from north to south and some 50 miles wide. It spans Riverside and San Bernardino Counties. This is an area that is roughly 2/3rds the size of Connecticut. The area is surrounded by mountain ranges and hills on all sides, with only a few natural passes to Los Angeles and Orange County to the West. San Diego County lies to the South and Palm Springs to the East. The Inland Empire is a region east of Los Angeles, covering more than 27,000 square miles of Riverside and San Bernardi- no Counties. Major cities include San Bernardino, Riverside, and Ontario, served by the Ontario International Airport. Smaller but substantial cities include Rancho Cucamonga, Montclair, Pomo- na, Redlands, Corona, and others. The area has a population of approximately 4 Million people. Originally a major center of agriculture, the Inland Empire now is a mix of suburban and rural areas strong in distribution, tourism, industrial and commercial development and civic organi- zations.

VICTORIA GARDENS MALL CITIZENS BANK ARENA

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DEMOGRAPHICS

*POPULATION:

2010 Population: 94,687

2018 Population: 100,788

2023 Projection: 106,439

HOUSEHOLD INCOME:

2018 Average Household Income: $73,119

*Within a 3 Mile Radius

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FOR MORE INFORMATION PLEASE CONTACT: Barret Woods | Senior Vice President - Principal 909.373.2921 [email protected] 3535 Inland Empire Blvd., Ontario, CA. 91764 DRE #: 01355354 Corporate ID #: 00976995