OFFERING MEMORANDUM Absolute Triple Net (NNN) Lease Investment Opportunity 2990 Anvilblock Rd | Ellenwood, GA | Atlanta MSA Actual Property Image Actual Property Image Exclusively Marketed By: Kaveh Ebrahimi Chris Naylon Lic # 01896322 Lic # 01839132 310.853.1426 | DIRECT 310.438.5525 | DIRECT [email protected] [email protected] Zach Martin Ashley Saye Lic # 02044335 Lic. # 01955010 310.626.1852 | DIRECT 424.334.0750 | DIRECT [email protected] [email protected] Andrew Ackerman Lic # 311619 INVESTMENT SUMMARY TENANT OVERVIEW • Investment Summary • Popeyes 770.626.0445 03 • Investment Highlights 14 [email protected] • Site Plan and Elevations In Cooperation with Sands Investment Group Atlanta, LLC BoR: Andrew Ackerman - Lic # H-67374 AREA OVERVIEW LEASE ABSTRACT • Location Map • Lease Summary 07 • Aerial & Retail Maps 15 • Rent Roll • City Overview Sands Investment Group 2701 Ocean Park Boulevard, Suite 140 © 2018 Sands Investment Group (SIG). The information contained in this ‘Offering Memorandum,’ has been obtained from sources believed to be reliable. Sands Santa Monica, CA 90405 Investment Group does not doubt its accuracy, however, Sands Investment Group makes no guarantee, representation or warranty about the accuracy contained herein. It is the responsibility of each individual to conduct thorough due diligence on any and all information that is passed on about the property to determine 844.4.SIG.NNN it’s accuracy and completeness. Any and all projections, market assumptions and cash flow analysis are used to help determine a potential overview on the property, however there is no guarantee or assurance these projections, market assumptions and cash flow analysis are subject to change with property and www.SIGnnn.com market conditions. Sands Investment Group encourages all potential interested buyers to seek advice from your tax, financial and legal advisors before making any real estate purchase and transaction. OFFERING SUMMARY PROPERTY SUMMARY PRICE $2,145,000 ADDRESS 2990 Anvilblock Road Ellenwood, GA 30294 CAP 5.85% COUNTY Clayton NOI $125,500 APN 12-0235B-00A-055 PRICE PER SF $795.92 BUILDING AREA +/- 2,695 SF YEARS REMAINING 15 Years LAND AREA +/- 1.17 Acres INVESTMENT SUMMARY INVESTMENT LEASE GUARANTY Franchisee (75+ Units) BUILT Under Construction (2018) 3 Actual Property Image INVESTMENT HIGHLIGHTS INVESTMENT Actual Property Images • Expanding Multi Concept 75+ Unit Operator with Excellent Experience - Projected to Have Approximately 100 Locations by the End of 2018 Investment • Brand New Construction Long Ter m 15 Year Absolute Triple Net (NNN) Lease • Immediate Surrounding Area is Continuing to Grow Including the Brand New Clayton Commerce Center – a 797,580 SF Summary Class A Distribution Facility Located Adjacent to the Walmart Shopping Center • Strategically Located Walmart Outparcel in Atlanta's Primary Distribution Hub - Close Proximity to FedEx SmartPost, FedEx Ground Distribution Facilities, Clayton County Police Department, Saia LTL Freight, SECO Inc Headquarters, Kroger Distribution Center, Gillem Logistics Center and Many More Absolute • Neighboring Retailers Include Hardee's, Waffle House, Wendy's, Murphy's USA, Dollar Tree and More • Located in Clayton County in the Atlanta Metropolitan Area, which is the Most Populous Metro Area in Georgia and the NNN Lease Ninth-Largest Metropolitan Statistical Area (MSA) in the United States • Immediately Off Interstate 675 with High Traffic Counts of 72,550 Vehicles Per Day 44 LOCATION MAP LOCATION 57 ELLENWOOD TOWN CENTER GRANT RD GRANT ANVILBLOCK RD 8 AERIAL MAP Bass BBQ & Soul 4th & 1 Sports Bar Food Grille & Lounge Grant Rd Anvilblock Rd 59 RETAIL MAP RETAIL Rd Anvilblock 105 Hillwood plans to build Clayton Commerce Center, a 797,580-square- foot distribution center located near Interstate 675 on 4388 Lunsford Drive in Ellenwood, about nine miles east of Hartsfield-Jackson Atlanta International Airport. CLAYTON COMMERCE CENTER CLAYTON The property will include 36-foot clear heights, an ESFR sprinkler system, cross- dock configuration, 231 trailer storage spaces and 442 parking spaces for Grant Rd Grant automobiles. Clayton County is the only county in metro Atlanta to be Anvilblock Rd designated Tier 1 by the Georgia Department of Community Affairs, and Hillwood’s development is expected to offer potential tenants job tax credits and property tax reductions. Hillwood has selected Reliant Real Estate Partners to lease Clayton Commerce Center. 11 Actual Property Image AERA OVERVIEW Rd Anvilblock STREET/CROSS ROAD AVERAGE VEHICLES PER DAY SUBJECT PROPERTY DEMOGRAPHICS 3 Mile 5 Mile 10 Mile Anvilblock Rd / Old Grant Rd 14,175 Population 38,008 137,438 565,892 Interstate 675 72,550 Average Household Income $68,954 $63,751 $62,717 129 ABOUT THE CITY Ellenwood is an unincorporated community in Clayton county, Georgia. The community is a southeast suburb of Atlanta and is located on Interstate 675 and GA state route 42. Ellenwood is a part of the Atlanta Metropolitan Area, which is the most populous metro area in Georgia and the ninth- largest metropolitan statistical area (MSA) in the United States. The Georgia Metropolitan Statistical Area is included in the Atlanta-Sandy Springs-Gainesville, Georgia-Alabama Combined Statistical Area. AREA OVERVIEW This CSA spans up to 39 counties in north Georgia with about 6.3 million people making this the third largest metropolitan region after Greater Washington and South Florida. CLAYTON COURTHOUSE ECONOMY Supportive economic development, excellent public services and fabulous small town hospitality are all reasons why Ellenwood continues to enjoy tremendous growth. Conveniently located about 18 miles outside of Atlanta, Ellenwood is an excellent commuter community. Atlanta is rated a "beta(+)” world city that exerts a moderate impact on global commerce, finance, research, technology, education, media, art, and entertainment. It ranks 38th among world cities and 10th in the nation with a gross domestic product of $320 billion. Atlanta's economy is considered diverse, with dominant sectors that include logistics, professional and business services, media operations and information technology. ATLANTA SKYLINE CULTURE & CONTEMPORARY LIFE In 2016, Atlanta was the third-most visited city in the United States, with over 51 million visitors per year. Although the most popular attraction among visitors to Atlanta is the Georgia Aquarium, the world's largest indoor aquarium, Atlanta's tourism industry is mostly driven by the city's history museums and outdoor attractions. Atlanta is home to professional franchises for four major team sports: the Atlanta Braves of Major League Baseball, the Atlanta Hawks of the National Basketball Association, the Atlanta Falcons of the National Football League, and Atlanta United FC of Major League Soccer. 1113 SUNTRUST PARK Founded in New Orleans in 1972, Popeyes® has more than 40 years of history and culinary tradition. Popeyes distinguishes itself with a unique New Orleans style menu featuring spicy chicken, chicken tenders, fried shrimp and other regional items. The chain’s passion for its Louisiana heritage and flavorful authentic food has allowed Popeyes to become one of the world’s largest quick service TENANT OVERVIEW restaurant chicken concepts with over 2,600 restaurants in the U.S. and around the world. Popeyes is committed to supporting local communities. It is franchised in most of the country, and it is up to the individual restaurant franchise owner to decide whether he or she would like to contribute. Popeyes parent company is Restaurant Brands International Inc. (“RBI”) is one of the world’s largest quick service restaurant companies with more than $30 billion in system-wide sales and over 24,000 restaurants in more than 100 countries and U.S. territories. RBI owns three of the world’s most prominent and iconic quick service restaurant brands – TIM HORTONS®, BURGER KING®, and POPEYES®. These independently operated brands have been serving their respective guests, franchisees and communities for over 40 years. Actual Property Image COMPANY TYPE HEADQUARTERS # OF LOCATIONS FOUNDED WEBSITE 14 Subsidiary Atlanta, GA 2,600+ 1972 popeyes.com LEASE SUMMARY TENANT Popeyes (75+ Unit Operator) PREMISES A Building of Approximately 2,695 SF LEASE LEASE ABSTRACT LEASE COMMENCEMENT July 23, 2018 LEASE EXPIRATION August 31, 2033 LEASE TERM REMAINING 15 Years RENEWAL OPTIONS 3 x 5 Years RENT INCREASES 10% Every 5 Years Beginning in Year 11 LEASE TYPE Absolute Triple Net (NNN) USE QSR PROPERTY TAXES Tenant’s Responsibility INSURANCE Tenant’s Responsibility COMMON AREA Tenant’s Responsibility ROOF & STRUCTURE Tenant’s Responsibility REPAIRS & MAINTENANCE Tenant’s Responsibility HVAC Tenant’s Responsibility UTILITIES Tenant’s Responsibility 1215 Actual Property Image TENANT SQUARE % OF ANNUAL RENT / INCREASE LEASE LEASE OPTIONS NAME FOOTAGE TOTAL BASE RENT SF DATES BEGIN END RENT RENT ROLL Popeyes 10% Every 5 Years +/- 2,695 SF 100% $125,500 $46.57 07/23/2018 08/31/2033 3 x 5 Years (75+ Unit Operator) Beginning in Year 11 1316 Actual Property Image 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 Sands Investment Group and should not be made available to any other person or entity without the written consent of Sands Investment Group. This Offering Memorandum has been prepared to provide summary, unverified information to prospective purchasers, and to establish only a preliminary