1064 N Main Street, Tooele, Utah $2,202,500 Investment Details. Offering Memorandum

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Actual Site Photo 1064 N Main Street, Tooele, Utah 84074 $2,202,500 Investment Details Offering Memorandum Over $200,000 price reduction Seller motivated Perfect for risk averse buyer Proven QSR

count with more than 26,235 vehicles passing in front of the site daily Located 4 miles north of Tooele Army Depot Storage Site for war reserve and training ammunitions Growing Salt Lake Suburb where

1 Actual Site Photo 1064 N Main Street, Tooele, Utah $2,202,500 Investment Details Offering Memorandum Over $200,000 price reduction Seller motivated Perfect for risk averse buyer Proven QSR operator New 15 year NNN leases to commence upon close of escrow Seasoned location having occupied the site for the last 3 years Located at a signalized hard corner with drive thru Strong traffic count with more than 26,235 vehicles passing in front of the site daily Located 4 miles north of Tooele Army Depot Storage Site for war reserve and training ammunitions Growing Salt Lake Suburb where average household income exceeds $71,000 within a one mile radius from the site Forbes has Zaxby s listed as one of the best growing franchisees in the country Lease calls for 10% rent escalations every five years including option periods, hedging against inflation

2 TENANT OVERVIEW Parent Company: Zaxby s Franchised operator: MJM 5G / 9 unit operator with combined net worth > $9.5(mil) Private Ownership / Franchisee Guarantee Zaxby s operates 800 stores in the Southern United States Headquarters Athens, Georgia Website

3 TENANT INFO SITE PHOTO Zaxby s is a franchised chain of casual restaurants offering chicken wings, tenders, sandwiches and salads. The first Zaxby s was established in Stateboro, Georgia near the university by Zach McLeroy and Tony Townley. They restaurants are known for their tangy and zesty sauces that go from mild to nuclear. The dining rooms are decorated in assorted whimsical objects and signs which often vary in theme by location and region. Some locations in college towns feature objects and decorations related to the local university, making them unofficial college student school spirit go-to joints. For more information about the success of this QSR, please click on the link entitled BEST AND WORST FOOD FRANCHISES: OUR RANKINGS AND INSIDE THE RISE OF ZAXBY S CHAIN IN THE US, dated June 30, 2016 (Forbes). CLICK HERE

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5 THE OFFERING Marcus & Millichap is pleased to announce the exclusive right to list for sale the within Zaxby s. Offering a passive investor the opportunity to purchase a newly constructed QSR with one of the fastest growing restaurant chains in the country. A new 15 year modified NNN lease will commence upon close of escrow, giving a buyer a full 15 years of return on investment. The lease also calls for 10% rent escalations every five years which hedges against inflation. Overview Price $2,202,500 Gross Leasable Area (estimate) 3,800 Lot Size 1.09 Acres Net Operating Income $132,148 CAP Rate 6.00% Year Built 2014 Lease Abstract Lease Type Lease Term Lease Start Renewal Options Increases Roof and Structure Modified NNN* 15 Years Close of Escrow 4x5 10% Every five years Landlord Responsible * Tenant reimburses landlord for taxes, insurance and premises maintenance as additional rents (monthly). Landlord is responsible for roof & structure repairs and maintenance. Years Rent COE (Years 1-5) $132,148 Years 6-10 $145,362 Years $159,899 Option 1 $175,888 Option 2 $193,477 Option 3 $212,825 Option 4 $234,108

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8 SITE PLAN / PARCEL Definition Value APN Building SF (ESTIMATE) 3,800 Lot Size 1.09 Acres

REGIONAL OVERVIEW SALT LAKE CITY OVERVIEW MARKET OVERVIEW Centrally located among the

The metro consists of three counties: Salt Lake, Tooele and Summit.

The region is hemmed in by the Great Salt Lake to the northwest, the Wasatch Mountain

The highest percentage of population growth continues to occur in the suburban areas

The Salt Lake City, Provo-Orem and Ogden-Clearfield metros together comprise the

METRO HIGHLIGHTS EMPLOYMENT GROWTH Skilled trade and educated workers, attractive

9 REGIONAL OVERVIEW SALT LAKE CITY OVERVIEW MARKET OVERVIEW Centrally located among the major Western U.S. markets, Salt Lake City is known as the Crossroads of the West. The metro consists of three counties: Salt Lake, Tooele and Summit. It is situated in the Great Salt Lake Valley in northern Utah. The region is hemmed in by the Great Salt Lake to the northwest, the Wasatch Mountain Range to the east and the Oquirrh Mountains to the west. The metro houses 1.2 million people. Salt Lake City is the largest city, with approximately 200,000 residents. The highest percentage of population growth continues to occur in the suburban areas such as South and West Jordan. The Salt Lake City, Provo-Orem and Ogden-Clearfield metros together comprise the Wasatch Front. METRO HIGHLIGHTS EMPLOYMENT GROWTH Skilled trade and educated workers, attractive outdoor recreation opportunities and low overhead costs lure employers to the region. EXPANDING HOUSEHOLD INCOMES The metro s household income is consistently well above the national median. LARGE INSTITUTIONS The Salt Lake City economy benefits from its status as the capital of Utah and the headquarters of the Church of Jesus Christ of Latter-day Saints. 9

REGIONAL OVERVIEW ECONOMY A stable base of government entities are located in the metro, while growing

Various companies have located data centers in the metro, including Twitter Inc.

Tourism will remain a top employment generator over the coming years.

The Salt Palace Convention Center and the Energy Solutions Arena host conventions and trade shows.

Zions Bancorporation Novus Technologies Cordant Technologies Smith s Food and Drug Wells Fargo Bank Salt Lake

10 REGIONAL OVERVIEW ECONOMY A stable base of government entities are located in the metro, while growing companies in the private sector include technology leaders ebay and Oracle Corp. Various companies have located data centers in the metro, including Twitter Inc., Goldman Sachs and the National Security Agency. Tourism will remain a top employment generator over the coming years. The metro is home to several world-class ski resorts, including Brighton, Park City, Alta and Snowbird. The Salt Palace Convention Center and the Energy Solutions Arena host conventions and trade shows. MAJOR AREA EMPLOYERS Intermountain Health Care University of Utah State of Utah Delta Airlines Corp. Zions Bancorporation Novus Technologies Cordant Technologies Smith s Food and Drug Wells Fargo Bank Salt Lake City Community College * Forecast SHARE OF 2016 TOTAL EMPLOYMENT 8% MANUFACTURING 18% PROFESSIONAL AND BUSINESS SERVICES 15% 8% 8% GOVERNMENT LEISURE AND HOSPITALITY FINANCIAL ACTIVITIES 20% TRADE, TRANSPORTATION AND UTILITIES 5% CONSTRUCTION + 12% EDUCATION AND HEALTH SERVICES 3% INFORMATION 3% OTHER SERVICES 10

REGIONAL OVERVIEW DEMOGRAPHICS The metro is expected to add nearly 70,000 people through 2021, resulting in the formation

Median incomes above the national average allow 66 percent of households to afford to own a home, compared with the

Roughly 30 percent of people age 25 and older hold bachelor s degrees; of those residents, 10 percent also have obtained a

SPORTS 2016 Population by Age 8% 0-4 YEARS 23% 5-19 YEARS 7% 20-24 YEARS 31% 25-44 YEARS 21% 45-64 YEARS 10% 65+ YEARS

S. Median: 37.7 2016 MEDIAN HOUSEHOLD INCOME: $64,300 U.S. Median: $54,500 QUALITY OF LIFE The Wasatch Range provides a

Theatre. Salt Lake City s major educational institution is the University of Utah, which also contains a medical school.

11 REGIONAL OVERVIEW DEMOGRAPHICS The metro is expected to add nearly 70,000 people through 2021, resulting in the formation of roughly 20,000 households. Median incomes above the national average allow 66 percent of households to afford to own a home, compared with the national rate of 64 percent. Roughly 30 percent of people age 25 and older hold bachelor s degrees; of those residents, 10 percent also have obtained a graduate or professional degree. SPORTS 2016 Population by Age 8% 0-4 YEARS 23% 5-19 YEARS 7% YEARS 31% YEARS 21% YEARS 10% 65+ YEARS EDUCATION 2016 POPULATION: 1.2M Growth *: 5.7% 2016 HOUSEHOLDS: 392K Growth *: 5.8% 2016 MEDIAN AGE: 32 U.S. Median: MEDIAN HOUSEHOLD INCOME: $64,300 U.S. Median: $54,500 QUALITY OF LIFE The Wasatch Range provides a multitude of year-round recreational opportunities, including ski resorts and more than a dozen national parks and monuments. Cultural venues include Abravanel Hall, the Rose Wagner Performing Arts Center, Hale Centre Theatre and the Off Broadway Theatre. Salt Lake City s major educational institution is the University of Utah, which also contains a medical school. The university is known for its technology transfer program that moves state-of-the-art research into useful applications in the business world. There are 10 other colleges and universities in the metro. In addition, two other major educational institutions are located just outside of Salt Lake City: Brigham Young University in Provo and Utah State University in Logan. ARTS & ENTERTAINMENT * Forecast Sources: Marcus & Millichap Research Services; BLS; Bureau of Economic Analysis; Experian; Fortune; Moody s Analytics; U.S. Census Bureau 11

12 DEMOGRAPHICS $71,073 36,734 11,386 1-mile radius average HH Income 5-mile population density 5-mile Number of households

1064 N Main Street, Tooele, Utah 84074 EXCLUSIVELY

Director Investments Senior Director Net Leased

com IN STATE BROKER OF RECORD: Gary Mangum 36 S State

13 1064 N Main Street, Tooele, Utah EXCLUSIVELY REPRESENTED BY: Lior Regenstreif Senior Managing Director Investments Senior Director Net Leased Properties Group Ventura Blvd., Suite 100 Encino, CA Direct Lior.Regenstreif@MarcusMillichap.com IN STATE BROKER OF RECORD: Gary Mangum 36 S State St., Suite 2650 Salt lake City, UT Direct Gary.Mangum@MarcusMillichap.com

A&W NNN Investment. Property Information. Preston Miller. Parker Hilton. Spencer Greer S Redwood Rd Taylorsville, UT Salt Lake City Metro

A&W NNN Investment. Property Information. Preston Miller. Parker Hilton. Spencer Greer S Redwood Rd Taylorsville, UT Salt Lake City Metro Property Information > Triple Net Retail Investment > 2,015 SF (0.63 Acres) > 100% Occupied > Effective year built in 2017 (originally 1965) > General Commercial Zoning > Cap Rate: 6.25% > Purchase Price