OFFERING MEMORANDUM

158 RIDGEWOOD AVE | HOLLY HILL, PRICE: $657,391 | CAP: 5.75%

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ACTUAL SITE | PHOTOS TAKEN NOVEMBER 2019 LITTLE CAESARS | HOLLY HILL, FLORIDA

EXECUTIVE SUMMARY

PRICE CAP NOI

$657,391 5.75% $37,800*

LOCATION 158 RIDGWOOD AVENUE HOLLY HILL, FLORIDA

LEASE TYPE ABSOLUTE NNN

LEASE EXPIRATION OCTOBER 31ST 2030

LESSEE CORNERSTONE, LLC

GUARANTOR CORNERSTONE LLC

OPTIONS NONE

INCREASES 1.5% ANNUAL EVERY NOVEMBER 1ST

LAND SIZE ±0.52 ACRES

BUILDING SIZE ±2,296 SQUARE FEET

ROFR NONE

ACTUAL SITE | PHOTOS TAKEN NOVEMBER 2019 *Based on November 1st, 2021 Rent Increase LITTLE CAESARS | HOLLY HILL, FLORIDA

This is a bite size deal for a property that is below market rent. This Little Caesars location is nearby Daytona Boardwalk Amusements, Daytona International Speedway, Daytona International Airport and has an updated McDonald’s and other RETAIL INVESTMENT GROUP IS retailers right across the street. The Daytona Boardwalk and Speedway bring hundreds of thousands of people to the PLEASED TO BE THE EXCLUSIVE area every year. LISTING BROKERAGE FOR LITTLE CAESARS IN HOLLY HILL, FLORIDA. Daytona Beach is a spot loved by locals and tourists alike. The property is ±2,296 square feet and sits on ±0.52 acres of land. The property has a NNN lease which will expire October 31, 2030. There are 1.5% annual increases (every November 1st). The lessee as well as guarantor for this property is Cornerstone, LLC. LITTLE CAESARS | HOLLY HILL, FL ACTUAL SITE | PHOTOS TAKEN NOVEMBER 2019

PROPERTY RIDGEWOOD AVE: ±32,400 VDP OVERVIEW

• $37,800 NOI as of November 1 2021

• 1.5% Annual Increases

• Bite Size Deal

• Below Market Rent

• Updated McDonald’s Across the Street

•Nearby Daytona International Speedway Which Brings More Than 200,000 NASCAR Fans Per Year

•Nearby Daytona International Airport (800+ Flights Per Day)

• ±32,400 VPD on Ridgewood Ave

ABOUT HOLLY HILL | DAYTONA BEACH MSA

Daytona Beach, Florida features 23 miles of white-sand beaches for endless fun in the sun. It lies about 51 miles northeast of Orlando, 86 miles southeast of Jacksonville, and 242 miles northwest of Miami. It is a principal city of the Deltona–Daytona Beach–Ormond Beach metropolitan area, which was home to ±600,760 people as of 2013. Daytona Beach is also a principal DAYTONA BEACH IS KNOWN AS THE city of the Fun Coast region of Florida. The city is historically known for its hardpacked sand beach. This hard-packed sand FESTIVAL CAPITAL OF FLORIDA. made Daytona Beach a mecca for motorsports, and the old Daytona Beach Road Course hosted races for over 50 years. This was replaced in 1959 by Daytona International Speedway. The city is the headquarters for NASCAR.

Daytona Beach hosts large groups of out-of-towners that descend upon the city for various events, notably Speedweeks in early February when over 200,000 NASCAR fans come to attend the season-opening . The Daytona International Speedway is also home to the Motorsports Hall of Fame of America. Daytona Beach is known as the festival capital of Florida. LITTLE CAESARS | HOLLY HILL, FLORIDA The NASCAR race in July, Bike Week in early March, Biketoberfest in late October, endurance race in January and the Halifax Art Festival are just a few of the popular events that take place in Daytona Beach each year. LITTLE CAESARS | HOLLY HILL, FLORIDA

Little Caesars was founded in 1959 by the married couple Mike Ilitch and Marian Bayoff. They invested their life savings to open the very first store in Garden City, Michigan. The first franchise opened three years later in Warren, Michigan. This was the start of what would become the LITTLE CAESARS IS THE fastest growing U.S. pizza chain (based on net number of stores added each year 2008-2015). In 1969 Little Caesars celebrated the opening of THIRD LARGEST PIZZA its 50th location as well as its first restaurant in Canada. Today, the company has locations in all 50 states and 18 international markets. In 1985, CHAIN IN THE WORLD. Little Caesars began giving back with its well known “Love Kitchen.” This mobile kitchen travels the U.S. providing free pizzas to the homeless and disaster survivors. The Little Caesars Love Kitchen would go on to receive two President’s Volunteer Action Awards. In 2017, Little Caesars had 5,463 locations total. It is known as the third largest pizza chain in the world.

SURVEY OVERLAY IS APPROXIMATE BUYER TO VERIFY ALL INFORMATION LITTLE CAESARS | HOLLY HILL, FLORIDA

ADDITIONAL PHOTOS SK BEAUTY | SNELLVILLE, GA LITTLE CAESARS | HOLLY HILL, FL

AREA DEMOGRAPHICS

POPULATION 1 MILE 3 MILE 5 MILE HOUSEHOLDS 1 MILE 3 MILE 5 MILE TOTAL POPULATION 2010 9,897 60,339 107,245 TOTAL HOUSEHOLDS 2010 4,250 26,785 48,751 TOTAL POPULATION 2020 1,232 66,813 119,179 TOTAL HOUSEHOLDS 2020 4,720 29,312 53,476 TOTAL POPULATION 2025 1,173 71,889 128,305 TOTAL HOUSEHOLDS 2025 5,086 31,513 57,512 MEDIAN AGE 42.3 42 43.7 AVERAGE HH SIZE 2.1 2.1 2.1 AVERAGE HH VEHICLES 1 1 1 INCOME 1 MILE 3 MILE 5 MILE HOUSING 1 MILE 3 MILE 5 MILE AVERAGE HH INCOME $44,881 $47,850 $54,597 MEDIAN HH INCOME $33,164 $34,407 $37,909 MEDIAN HOME VALUE $128,866 $136,606 $154,999 MEDIAN YEAR BUILT 1960 1966 1974

±105,000 RESIDENTS WITHIN 5 MILES TRAFFIC COUNTS RIDGEWOOD AVE ±32,400 VDP MASON AVE ±20,486 VDP $54,000 AVG INCOME WITHIN 5 MILES CONFIDENTIALITY DISCLAIMER

The information contained in the following offering memorandum is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from Retail Investment Group and it should not be made available to any other person or entity without the written consent of Retail Investment Group. By taking possession of and reviewing the information contained herein the recipient agrees to hold and treat all such information in the strictest confidence. The recipient further agrees that recipient will not photocopy or duplicate any part of the offering memorandum. If you have no interest in the subject property, please promptly return this offering memorandum to Retail Investment Group. This offering memorandum has been prepared to provide summary, unverified financial and physical information to prospec- tive 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. Retail Investment Group 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 of absence of contaminating substances, PCBs or asbestos, the compliance with local, state and federal regulations, the physical condition of the improvements thereon, or financial condition or business prospects of any tenant, or any tenant’s plans or intentions to continue its occupancy of the subject property. Additional information and an opportunity to inspect the Property will be made available upon written request to interested and qualified prospective investors. The information contained in this offering memorandum has been obtained from sources we believe reliable; however,

Retail Investment Group has not verified, and will not verify, any of the information contained herein, nor has Retail Investment Group 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. Prospective buyers shall be responsible for their costs and expenses of investigating the subject property. The information contained herein has been obtained from the owner of the property or from other sources we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it. If you have no interest in the Property, please return this Offering Memoradum to Retail Investment Group, LLC. STEVEN DAVIS MARK MCLOONE BRIAN BROCKMAN FOUNDER & MANAGING PARTNER MANAGING PARTNER FLORIDA BROKER OF RECORD CONTACT US AZLIC: BR101032000 AZLIC: SA673250000 FLLIC: #137210 602.625.8338 602.790.1526 [email protected] [email protected]

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