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New 10 Year Lease THOUSAND OAKS CALIFORNIA

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New 10 Year Lease THOUSAND OAKS CALIFORNIA OFFERING MEMORANDUM THOUSAND OAKS CALIFORNIA New 10 year lease CONFIDENTIALITY AND DISCLAIMER 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 Marcus & Millichap and should not be made available to any other person or entity without the written consent of Marcus & Millichap. This Marketing Brochure has been prepared to provide summary, unverified 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. Marcus & Millichap 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 tenant’s 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, Marcus & Millichap has not verified, and will not verify, any of the information contained herein, nor has Marcus & Millichap conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All potential buyers must take appropriate measures to verify all of the information set forth herein. SPECIAL COVID-19 NOTICE All potential buyers are strongly advised to take advantage of their opportunities and obligations to conduct thorough due diligence and seek expert opinions as they may deem necessary, especially given the unpredictable changes resulting from the continuing COVID-19 pandemic. Marcus & Millichap has not been retained to perform, and cannot conduct, due diligence on behalf of any prospective purchaser. Marcus & Millichap’s principal expertise is in marketing investment properties and acting as intermediaries between buyers and sellers. Marcus & Millichap and its investment professionals cannot and will not act as lawyers, accountants, contractors, or engineers. All potential buyers are admonished and advised to engage other professionals on legal issues, tax, regulatory, financial, and accounting matters, and for questions involving the property’s physical condition or financial outlook. Projections and pro forma financial statements are not guarantees and, given the potential volatility created by COVID-19, all potential buyers should be comfortable with and rely solely on their own projections, analyses, and decision-making. NON-ENDORSEMENT NOTICE Marcus & Millichap is not affiliated with, sponsored by, or endorsed by any commercial tenant or lessee identified in this marketing package. The presence of any corporation’s logo or name is not intended to indicate or imply affiliation with, or sponsorship or endorsement by, said corporation of Marcus & Millichap, its affiliates or subsidiaries, or any agent, product, service, or commercial listing of Marcus & Millichap, and is solely included for the purpose of providing tenant lessee information about this listing to prospective customers. ALL PROPERTY SHOWINGS ARE BY APPOINTMENT ONLY. PLEASE CONSULT YOUR MARCUS & MILLICHAP AGENT FOR MORE DETAILS. 26 84 97 93 Twin Falls Grants Pass Oregon 30 5 101 Medford 199 Idaho Klamath Falls Altamont Ashland 95 93 395 80 Arcata Eureka Humboldt 80 Bay Redding TABLE OF CONTENTS 93A 80 95 Chico 5 Investment Summary .........................................5 Reno 50A 50 93 50 101 95A Investment Highlights.........................................6 Yuba City Ukiah Linda Carson City 6 South Lake Tahoe Citrus 80 6 Aerial Maps ........................................................8 Heights 50 Utah 95 Nevada 505 Arden-Arcade 80 Tenant Summary ..............................................10 Santa Rosa Sacramento Napa 395 Fairfield Petaluma 5 Lodi Vallejo 680 Site Plan ..........................................................11 Richmond Concord Stockton 6 Berkeley Oakland Manteca San Francisco San Francisco Modesto Cedar City Area Map .........................................................12 Daly City Bay 580 Ceres San Mateo Fremont Redwood City Palo Alto Santa Clara Atwater Merced Location Overview ............................................16 San Jose 93 St. George Morgan Hill Los Banos Gilroy Madera Santa Cruz Watsonville 395 Location Highlights ...........................................18 Monterey Bay Hollister Fresno 15 Marina Salinas Sanger 95 Monterey Arizona Demographics ..................................................19 Selma Reedley Hanford Visalia Las Vegas CALIFORNIA Tulare Winchester Paradise Henderson Porterville 101 Delano 93 Ridgecrest Atascadero 5 15 Bakersfield 95 San Luis Obispo 40 Arroyo Grande Bullhead City Barstow Santa Maria Lancaster 15 40 93 Lompoc Palmdale Lake Havasu City Victorville Santa Barbara Hesperia Simi Valley Ventura Big Bear Santa Barbara Burbank Channel 101 San Bernardino Pacific Oxnard Pomona Ocean Yucaipa Los Angeles Whittier Riverside Redondo Beach Anaheim Palm Springs Indio Long Beach 10 60 Santa Ana Palm Desert 10 Newport Beach Mission Viejo Costa Mesa Fallbrook 5 95 Vista Gulf of Oceanside Escondido Santa Catalina Encinitas Poway Brawley Solana Beach 15 8 San Diego El Cajon El Centro La Mesa 8 Calexico Yuma Chula Vista Mexicali 95 San Luis Rosarito Mexico INVESTMENT SUMMARY 2750 CAMINO DOS RIOS, THOUSAND OAKS, CA 91320 PRICE: $2,735,720 CAP: 4.25% RENT: $116,268 OVERVIEW ANNUALIZED OPERATING DATA Price $2,735,720 Lease Term Annual Rent Gross Leasable Area (GLA) 2,600 SF Current Rent $116,268 Lot Size (approx.) 0.6 Acres 12/2024 - 11/30/2029 $133,708 Net Operating Income $116,268 12/1/2029 - 11/30/2034 (Option Period) $153,764 CAP Rate 4.25% 12/1/2034-11/30/2039 (Option Period) $176,829 Year Built 1999 Rent escalations based on CPI, not to exceed 15%, shown here as an estimate only, actual calculations may vary. LEASE ABSTRACT Lease Type Ground Lease Lease Term 10 Year Extension Lease Start (Extension) 12/01/2019 Lease Expiration 11/30/2029 Renewal Options 1x10 Increase CPI not to exceed 15% Roof and Structure Tenant Responsible 5 INVESTMENT HIGHLIGHTS t NEW 10 YEAR GROUND LEASE EXTENSION t Absolute Net-Lease – Zero Landlord Responsibilities t In the retail hub of the region with a drive-thru and patio seating t Located on the Corner of Camino Dos Rios and Hillcrest Drive and Directly off the 101 Ventura Freeway t As of August 2020, the site is under new and improved management. New 2 unit operator (franchisee) with over 20 years experience in EPL operation. t • Franchisee is committed to the success of the location, offering a personal and franchise guarantee t • Operator is also spending over $300,000 of their own money to renovate the property t • Franchisee has also placed a 3 month security deposit to the benefit of the Landlord to off set any perceived risk t Located Less than Half a Mile from Adventist Academy High School and Less than Two Miles Away from Newbury Park High School, Allowing for Heavy Foot and Lunch Traffic from the Students t Pandemic resistant, recession resistant and e-commerce resistant, makes this investment opportunity a sleep-at-night opportunity 120,319 $139,108 TOTAL AVERAGE POPULATION HOUSEHOLD WITHIN 5-MILE INCOME WITHIN RADIUS 5-MILE RADIUS 117,794 VPD - VENTURA FWY 6 7 Media and SM Silicon Industry Print & Ship Serivces Establishments Zoned Light Industrial Area Newbury Park Adventist Academy INO DOS RIO CAM S OFF RAMP TELLER RD Zoned Light WENDY DR VENTURA FWY – 117,794 VPD Industrial Area 101 McDonald’s Site is near Amgen, the largest employer in the immediate area 8 REPRESENTATIVE PHOTO 9 TENANT SUMMARY EL POLLO LOCO EL POLLO LOCO El Pollo Loco was established in 1980 and HQ in Costa Mesa CA. It is one of the largest restaurants offering in Mexican styled food. There are over 340 company owned and franchised locations in the United COSTA MESA, CA States. El Pollo Loco primarily prepares Mexican chicken entrees. The American company also offers Mexican-style food such as tacos, HEADQUARTERS burritos, enchiladas, and quesadillas. In 1980, the very first American El Pollo Loco opened on Alvarado Street in Los Angeles where it quickly became a local favorite. With authentically prepared citrus-marinated, fire-grilled chicken, freshly prepared ingredients, and a welcoming FRANCHISEE 2 UNIT OPERATOR atmosphere customers knew they had a unique dining experience unlike any other in their neighborhood. GUARANTOR FRANCHISE While a lot has changed over the past few decades, El Pollo Loco’s commitment to fresh authentically prepared food has not. CORPORATE LOCO As of 2017, El Pollo Loco’s total assets exceed $460 million. NASDAQ PARENT CO $380.12 MIL EL POLLO LOCO REVENUE TENANT TRADE NAME WWW.ELPOLLOLOCO.COM REPRESENTATIVE PHOTO WEBSITE 10 SITE PLAN CAMINO DOS RIOS CAMINO DOS RIOS DRIVE-THROUGH CAMINO DOS RIOS 11 t L C yn V n n wt o r a e m l t e le re y a f D i r e W l d A v e d R e xte v Ba r ro B G l o Camarillo v t d l Road a r u S N R Ca n e ll l e e l Y n ucc d a a e C CAMARILLO R r o A N GROVE COUNTY b ve t i PARK S n S Pl C m e u S tr C a o c a b e a re n p e p m ze e S p S i t j n o o o j h o e i C r n m e e o Ol n C r D t D r e e a r nc g D wre o r La n S t t C . Arro c yo e iRn V P o i c A A e l O k w i B p r S m l p a D a u r r k p a e le t S T e r C t T r f t n .
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