RETAIL NNN LEASED INVESTMENT for SALE Streets of Brentwood Shopping Center 2375 Sand Creek Road, Brentwood, CA 94513

RETAIL NNN LEASED INVESTMENT FOR SALE Streets of Brentwood Shopping Center 2375 Sand Creek Road, Brentwood, CA 94513 REDUCED PRICE 2% FEE TO PROCURING BROKERS Bryan Wirt John Hynes Joe Garrison OFFERING MEMORANDUM DRE: 00665363 DRE: 02077645 DRE: 02107849 Tel: 916.677.8151 Tel: 916.677.8184 Tel: 916.677.8146 2375 Sand Creek Road [email protected] [email protected] [email protected] 532 Gibson Drive, Suite 200, Roseville, CA 95678 Brentwood, CA 94513 TABLE OF CONTENTS 2375 Sand Creek Road, Brentwood, CA 94513 DISCLAIMER & 3 CONFIDENTIALITY LOCATION 4 DESCRIPTION 5 REGIONAL MAP EXECUTIVE 6 SUMMARY 7 RETAILER MAP 8 PROPERTY DETAILS AERIAL & 9 PARCEL MAP SALE 10 COMPARABLES 11 TENANT PROFILES 12 FINANCIALS 13 DEMOGRAPHICS DISCLAIMER & CONFIDENTIALITY 2375 Sand Creek Road, Brentwood, CA 94513 TRI Commercial Real Estate Services, Inc. (“Broker”) has been retained and authorized by the property owner (“Owner”) to exclusively prepare and distribute the enclosed information (“Investment Offering”) for the purpose of soliciting offers to purchase from interested parties. Neither the Broker nor Owner makes any representation or warranty, expressed or implied, as to the completeness or accuracy of the material contained in this Investment Offering. Prospective buyers of the property are advised that changes may have occurred in the physical or financial condition of the property since the time this Investment Offering or the financial statements therein were made by Broker and are based upon assumptions or events beyond the control of the Broker and Owner, and therefore may be subject to variation. Prospective buyers of the property are advised and encouraged to conduct their own comprehensive review and analysis. The Investment Offering is a solicitation of interest only and is not an offer to sell the property. The Owner and Broker expressly reserve the right, at their sole discretion, to reject any or all expressions of interest or offers to purchase the property and expressly reserve the right, at their sole discretion, to terminate discussions with any entity at any time with or without notice. The Owner shall have no legal commitment or obligation to any entity reviewing the Investment Offering or making an offer to purchase the property unless and until a purchase and sale agreement has been mutually executed by buyer and seller. This Investment Offering is confidential. By accepting the Investment Offering, you agree that (a) you will hold and treat the Investment Offering and its contents in strict confidence, (b) you will not photocopy or duplicate any part of the Investment Offering, (c) you will not disclose the Investment Offering or its contents to any other entity without the prior written authorization of the Owner, and (d) you will not use the Investment Offering in any fashion or manner detrimental to the Owner or Broker. We have obtained the information contained in the offering from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We have included projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction. The Undersigned Hereby Acknowledges and Agrees to the Foregoing Interested Party: Broker / Agent: Company: Company: By: By: Name: Name: Title: Title: Phone: Phone: E-Mail: E-Mail: Date: Date: Please return to Bryan Wirt at TRI Commercial via fax (916) 525-8019 or [email protected] John Hynes | [email protected] Joe Garrison | [email protected] The information in this document was obtained from sources we deem reliable; however, no warranty or representation, expressed of implied, is made as to the accuracy of the information contained herein. LOCATION DESCRIPTION 2375 Sand Creek Road, Brentwood, CA 94513 The Northeast Corner of Highway 4 and Sand Creek Road is presently developed as an entertainment and destination retail shopping center known as The Streets of Brentwood, in the County of Contra Costa, California. This is a major intersection with high traffic counts (25,000 cars per day), surrounding commercial properties and explosive residential growth (5,000+ housing units under construction or in progress) nearby. AMC, Sprouts, Victoria Secret and BJ’s Brewhouse being the anchor Tenants, the entire Project consists of eight (8) separate parcels with a combined total of approximately 2,181,485 square feet or 50 acres of land in accordance with the parcels maps that were used for development purposes. The subject property, 2375 Sand Creek Road, contains approximately 32,234 square feet of land with a 7,540 square foot retail building consisting of four (4) Tenants. The parcel has adequate landscape area consistent with the quality of the existing improvements. All parcels are paved in asphalt materials and are in good condition. Located 55 miles east of San Francisco, the City of Brentwood is a charming and desirable community for residents and businesses alike. Incorporated in 1948, Brentwood is located in the far Eastern Contra Costa County region of the San Francisco Bay Area. The community has a long and storied history in agriculture and farming production. That tradition continues today even with the massive residential growth the City has experienced over the last several years. The City’s incorporated boundary currently totals 14.8 square miles (9,502 acres), with a sphere of influence totaling 17.4 square miles (11,129 acres). The information in this document was obtained from sources we deem reliable; however, no warranty or representation, expressed of implied, is made as to the accuracy of the information contained herein. RETAILER MAP 2375 Sand Creek Road, Brentwood, CA 94513 FOR CALI NIA 4 SUBJECT PROPERTY ADT - 45,900 Sand Creek Road ADT - 22,000 Bridle Gate 252 single family, 258 apartments Under Review Loma Vista Elementary School N Student Population: Approx. 9,738 EXECUTIVE SUMMARY 2375 Sand Creek Road, Brentwood, CA 94513 INVESTMENT OVERVIEW PROPERTY ADDRESS 2375 Sand Creek Road, Brentwood, CA 94513 TOTAL BUILDING SQ.FT. ±7,540 Sq.Ft. TOTAL ACRES ±0.74 Acres ZONING Retail - Regional Shopping Center (Mall) OCCUPIED 100% NET OPERATING INCOME: $357,903.00 CAPITALIZATION RATE: 5.9% PURCHASE PRICE: $6,050,000.00 $802.39 Per Sq. Ft. The information in this document was obtained from sources we deem reliable; however, no warranty or representation, expressed of implied, is made as to the accuracy of the information contained herein. REGIONAL MAP 2375 Sand Creek Road, Brentwood, CA 94513 N Total New Housing 3,372 Units Park Ridge 525 Single Family Units Under Construction FOR CALI NIA Deer Valley Heidorn Village 4 High School 117 Single Family Units Student Population: Under Construction Approx. 1,986 The Ranch SUBJECT 1,307 Single Family Units Approved PROPERTY Aviano 533 Single Family Units Under Construction Sand Creek Road Albers Ranch 301 Single Family Units Promenade Vineyards Under Review 337 Single Family Units Under Construction Bridle Gate 252 Single Family Units 258 Multi-Family Units Under Review PROPERTY DETAILS 2375 Sand Creek Road, Brentwood, CA 94513 PROPERTY ADDRESS: 2375 Sand Creek Road, Brentwood, CA 94513 PRICE: $6,050,000 CAP RATE: 5.9% BLDG. FOOTPRINT: ± 7,540 SF STORIES: One (1) TYPE: Freestanding Retail wih Drive-Thru YEAR BUILT: 2013 TENANCY: Multi-Tenant # OF UNITS: Four (4) FRONTAGE: Sand Creek Rd Highway 4 PARKING: 40 Spaces / 5 per 1,000 Reciprocal Parking PARCEL #: 019-910-002 LAND ACRES: ±0.74 AC LAND SF: ±32,234 SF ZONING: Retail The information in this document was obtained from sources we deem reliable; however, no warranty or representation, expressed of implied, is made as to the accuracy of the information contained herein. PROPERTY AERIAL & PARCEL MAP 2375 Sand Creek Road, Brentwood, CA 94513 Highway 4 On-Ramp Sidewalk / Bike Trail Sand Creek Road ADT - 22,000 SALE COMPARABLES 2375 Sand Creek Road, Brentwood, CA 94513 SUBJECT COMP 1 COMP 2 COMP 3 Streets of Brentwood Menifee Lakes Menifee Lakes N Centre Comparable Property Name Shopping Center Plaza Plaza City Pky Averages 2375 29857 29881 700 Address - Sand Creek Road Antelope Road Antelope Road N Centre City Pky City Brentwood Menifee Menifee Escondido - Year Built 2013 2019 2019 2018 - Acres ± 0.74 AC ± 0.75 AC ±0.88 AC ±0.76 AC ± 0.80 AC Total Rentable SF ± 7,540 SF ±4,250 SF ± 5,000 SF ± 6,568 SF ± 5,273 SF Sale Date - 8/1/2019 10/11/2019 1/10/2020 - Sale Price $6,050,000 $3,300,000 $4,050,000 $5,100,000 $4,150,000 Sale Price / Sq. Ft. $802.39/SF $776.47/SF $810.00/SF $776.47/SF $787.65/SF Cap Rate 5.9% 5.19% 5.27% 5.19% 5.22% The information in this document was obtained from sources we deem reliable; however, no warranty or representation, expressed of implied, is made as to the accuracy of the information contained herein. TENANT PROFILES 2375 Sand Creek Road, Brentwood, CA 94513 STARBUCKS Starbucks Corporation is an American multinational chain of coffeehouses and roastery reserves headquartered in Seattle, Washington. As the world’s largest coffeehouse chain, Starbucks is seen to be the main representation of the United States’ second wave of coffee culture. Headquartered in the Starbucks Center, the company was founded in 1971 by Jerry Baldwin, Zev Siegl, and Gordon Bowker at Seattle’s Pike Place Market. As of early 2020, the company operates over 30,000 locations worldwide in more than 70 countries. Brand portfolio includes Starbucks Coffee, Seattle’s Best Coffee, Teavana, Evolution Fresh, Ethos Water and Torrefazione Italia Coffee.

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