Christian Brothers - Ken Caryl, CO

LITTLETON, CO

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CHRISTIAN BROTHERS AUTOMOTIVE - KEN CARYL

This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Any projections, opinions, assumptions or estimates used herein are for example purposes only and do not represent the current or future performance of the property. © 2015 Vitorino Group

PRICING & FINANCIAL ANALYSIS

CBAC - Ken Caryl

Lease summary

Lease Term 15 Years

Lease Commencement At Close of Escrow

Lease Expiration 15 Years from COE

Remaining Term 15 Years

Lease Type NNN

Roof & Structure Tenant

Increases 1.5% Starting in Yr 6

Options 5 x 10 Year

Options to Purchase No

Offering summary

Price $2,880,000

Cap Rate 6.25%

Net Operating Income $180,000

Year Built 2015

Gross Leasable Area 4,920 SF

Lot Size 0.72 AcresRepresentative Photo

annualized Operating data

Primary Term Annual Increase

Yrs 1-5: $180,000 -

Yr 6: $182,700 1.50%

Yr 7: $185,440 1.50%

Yr 8: $188,222 1.50%

Yr 9: $191,045 1.50%

Yr 10: $193,911 1.50%

Yr 11: $196,819 1.50%

Yr 12: $199,772 1.50%

Yr 13: $202,768 1.50%

Yr 14: $205,810 1.50%

Yr 15: $208,897 1.50%

Net OperatiNg iNcOme $180,000

5828 S. Swadley StreetLittleton, CO 80127

NOTE: The property is currently under construction and scheduled to open May 2016, rent is subject to change depending on date.

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TENANT & LEASE INFORMATION

Christian Brothers Automotive was founded in 1982 because there was a void in the auto repair industry. Customer service and honest, genuine auto repair service was tough to find. They haven’t changed their focus in thirty years. They still have some of the original employees on board, and they still believe that it’s possible to provide the best auto repair service with the best customer service. In 2008, Christian Brothers announced a growth initiative that would take their brand to approximately 200 stores throughout the southeast, lower midwest and southwest United States by 2017.

tenant summary

Tenant Christian Brothers Automotive

Ownership Private

Market Cap See Agent For Details

Sales Volume See Agent For Details

Number of Locations 125+

Years In Business 30+ Years

Headquarters Houston, TX

Website www.cbac.com

nOtes:(1) The location is currently under construction and projected to be open in May 2016, however this date is subject to change. (2) Property will be available to close escrow on or after 07/31/2016.

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INVESTMENT HIGHLIGHTS

• Long-Term Absolute Triple-Net Lease

• Zero Landlord Responsibility

• 15-Year Primary Term with Options up to 65 Years

• One and One-Half Percent Annual Rent Escalations

• Strong Corporate Guarantee

• Population within a 5-Mile Radius is Over 170,000 People

• Average Household Income within 5-Mile Radius is Above the National Average

• Traffic Counts Along W Bowles Ave Are Over 21,000 Vehicles Per Day

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5This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Any projections, opinions, assumptions or estimates used herein are for example purposes only and do not represent the current or future performance of the property. © 2015 Vitorino Group

CHRISTIAN BROTHERS AUTOMOTIVE - KEN CARYLELEVATION

Note: this is the generic evelation plan for a typical Christian Brothers Automotive location. Actual subject property may vary depending on location.

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CHRISTIAN BROTHERS AUTOMOTIVE - KEN CARYLSITE PLAN

Note: this is the generic site plan for all Christian Brothers Automotive locations. Actual subject property may vary depending on location.

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CHRISTIAN BROTHERS AUTOMOTIVE - KEN CARYLAERIAL MAP

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CHRISTIAN BROTHERS AUTOMOTIVE - KEN CARYLLOCAL MAP

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CHRISTIAN BROTHERS AUTOMOTIVE - KEN CARYLREGIONAL MAP

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CHRISTIAN BROTHERS AUTOMOTIVE - KEN CARYLMARKET SUMMARY

DENVER, CO

Denver, is the largest city and capital of the State of Colorado. Denver is also the second-most populous county in Colorado after El Paso County. Denver is a consolidated city and county located in the South Platte River Valley on the western edge of the High Plains just east of the Front Range of the Rocky Mountains. The Denver downtown district is located immediately east of the confluence of Cherry Creek with the South Platte River, approximately 12 miles (19 km) east of the foothills of the Rocky Mountains. Denver is nicknamed the Mile-High City because its official elevation is exactly one mile (5,280 feet or 1,609.344 meters) above sea level, making it one of the highest major cities in the United States. The 105th meridian west of Greenwich, the longitudinal reference for the Mountain Time Zone, passes directly through Denver Union Station.

Denver is ranked as a beta world city by the Globalization and World Cities Research Network. With a 2013 estimated population of 649,495, Denver ranks as the 22nd-most populous U.S. city. The 10-county Denver-Aurora-Lakewood, CO Metropolitan Statistical Area had an estimated

2013 population of 2,697,476 and ranked as the 21st most populous U.S. metropolitan statistical area. The 12-county Denver-Aurora, CO Combined Statistical Area had an estimated 2013 population of 3,277,309, which ranks as the 16th most populous U.S. metropolitan area.[14] Denver is the most populous city of the Front Range Urban Corridor, an oblong urban region stretching across two states with population of 5,467,633 in 2010. Denver is the most-populous city within a 500-mile (800 km) radius and the third most-populous city in the Mountain West and the Southwestern United States after Phoenix, Arizona and El Paso, Texas.

Over the years, the city has been home to other large corporations in the central United States, making Denver a key trade point for the country. Several well-known companies originated in or have relocated to Denver. Large Denver-area employers that have headquarters elsewhere include Lockheed Martin Corp., United Airlines, Kroger Co. and Xcel Energy, Inc. MapQuest, an online site for maps, directions and business listings, is headquartered in Denver’s LODO district.

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CHRISTIAN BROTHERS AUTOMOTIVE - KEN CARYLDEMOGRAPHIC SUMMARY

Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri Forecasts for 2015 and 2020. Esri converted Census 2000 data into 2010 geography.

pOpulatiON

In 2015, the population in your selected geography is 170,826. The rate of change since 2010 was 0.42% annually. It is estimated that the

population in your area will be 177,797 five years from now, which represents a change of 0.80% annually from the current 2015 to 2020. The

current population is 49.4% male and 50.6% female. The median age of the population in your area is 38.7, compare this to the Entire US

average which is 37.9.

HOuseHOlds The household count in this area has changed from 66,161 in 2010 to 68,508 in the current year, a change of 0.67% annually. The five- year projection of households is 71,822, a change of 0.95% annually from the current year total. Average household size is currently 2.47, compared

to 2.50 in the year 2010. The number of families in the current year is 47,645 in the specified area.

iNcOme Current median household income is $82,414 in the area, compared to $53,217 for all U.S. households. Median household income is projected to be $90,842 in five years, compared to $60,683 for all U.S. households. Current average household income is $105,828 in this area, compared to $74,699 for all U.S. households. Average household income is projected to be $117,461 in five years, compared to $84,910 for all U.S. households. Current per capita income is $42,657 in the area, compared to the U.S. per capita income of $28,597. The per capita income is

projected to be $47,664 in five years, compared to $32,501 for all U.S. households.

race aNd etHNicity The current year racial makeup of your selected area is as follows: 88.4% White, 1.2% Black, 0.8% Native American and 3.4% Asian/Pacific

Islander. People of Hispanic origin are counted independently of race. People of Hispanic origin make up 17.6% of the current year population

in your selected area. Compare this to the Entire US average of 17.6%.

HOusiNg In 2015, there were 50,709 owner occupied housing units in your area and there were 17,799 renter occupied housing units in your area. The

median home value in the area is $331,124.

emplOymeNt

In 2015, there are 96,905 employees in your selected area, this is also known as the daytime population. 72.4% of employees are employed

in white-collar occupations in this geography, and 13.8% are employed in blue-collar occupations. In 2015, unemployment in this area is 2.8%.

Geography: 5 Miles

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CHRISTIAN BROTHERS AUTOMOTIVE - KEN CARYLDEMOGRAPHIC STATISTICS

traffic cOunts

incOme 1 mile 3 miles 5 miles

$ 0 - $14,999 1.7% 3.5% 3.8%

$ 15,000 - $24,999 2.3% 3.8% 4.8%

$ 25,000 - $34,999 5.1% 5.7% 7.1%

$ 35,000 - $49,999 8.8% 10.5% 11.0%

$ 50,000 - $74,999 13.3% 17.1% 17.3%

$ 75,000 - $99,999 20.3% 17.4% 16.4%

$100,000 - $149,999 28.2% 22.3% 19.4%

$150,000 - $199,999 11.5% 10.8% 10.9%

$200,000 + 8.9% 8.9% 9.3%

2015 Median Household Income $97,593 $86,491 $82,414

2015 Per Capita Income $42,905 $42,312 $42,657

2015 Average Household Income $115,113 $107,666 $105,828

pOpulatiOn 1 mile 3 miles 5 miles

2000 Population 14,950 76,933 158,915

2010 Population 15,941 80,582 167,101

2015 Population 16,405 82,804 170,826

2020 Population 17,036 86,150 177,797

HOuseHOlds 1 mile 3 miles 5 miles

2000 Households 5,035 27,371 59,483

2010 Households 5,764 31,050 66,161

2015 Households 6,048 32,423 68,508

2020 Households 6,341 34,085 71,822

2015 Average Household Size 2.71 2.51 2.47

2000 Owner Occupied Housing Units 2,541 23,258 47,799

2000 Renter Occupied Housing Units 493 4,113 11,684

2000 Vacant 156 613 1,697


2015 Renter Occupied Housing Units 5,033 25,017 50,709

2015 Vacant 95 808 2,207


2020 Renter Occupied Housing Units 1,076 7,902 18,788

2020 Vacant 70 776 2,182

21,27867,600

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 Vitorino Group and it should not be made available to any other person or entity without the written consent of Vitorino 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 at this time, please return this offering memorandum to Vitorino Group.

This offering memorandum has been prepared to provide summary, unverified financial and physical 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. Vitorino 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 or absence of contaminating substances, PCBs or asbestos, the compliance with local, 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 offering memorandum has been obtained from sources we believe to be reliable; however, Vitorino Group has not verified, and will not verify, any of the information contained herein, nor has Vitorino 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.

ALL PROPERTY SHOWINGS ARE BY APPOINTMENT ONLY. PLEASE CONTACT THE VITORINO GROUP AGENT FOR MORE DETAILS.

CONFIDENTIALITY AGREEMENT

Vitorino Group hereby advises all prospective purchasers of Net Leased property as follows:

The information contained in this Marketing Brochure has been obtained from sources we believe to be reliable. However, the Vitorino Group has not and will not verify any of this information, nor has the Vitorino Group conducted any investigation regarding these matters. The Vitorino Group makes no guarantee, warranty or representation whatsoever about the accuracy or completeness of any information provided.

As the Buyer of a net leased property, it is the Buyer’s responsibility to independently confirm the accuracy and completeness of all material information before completing any purchase. This Marketing Brochure is not a substitute for your thorough due diligence investigation of this investment opportunity. The Vitorino Group expressly denies any obligation to conduct a due diligence examination of this Property for Buyer.

Any projections, opinions, assumptions or estimates used in this Marketing Brochure are for example only and do not represent the current or future performance of this property. The value of a net leased property to you depends on factors that should be evaluated by you and your tax, financial and legal advisors. Buyer and Buyer’s tax, financial, legal, and construction advisors should conduct a careful, independent investigation of any net leased property to determine to your satisfaction with the suitability of the property for your needs.

Like all real estate investments, this investment carries significant risks. Buyer and Buyer’s legal and financial advisors must request and carefully review all legal and financial documents related to the property and tenant. While the tenant’s past performance at this or other locations is an important consideration, it is not a guarantee of future success. Similarly, the lease rate for some properties, including newly-constructed facilities or newly-acquired locations, may be set based on a tenant’s projected sales with little or no record of actual performance, or comparable rents for the area. Returns are not guaranteed; the tenant and any guarantors may fail to pay the lease rent or property taxes, or may fail to comply with other material terms of the lease; cash flow may be interrupted in part or in whole due to market, economic, environmental or other conditions. Regardless of tenant history and lease guarantees, Buyer is responsible for conducting his/her own investigation of all matters affecting the intrinsic value of the property and the value of any long-term lease, including the likelihood of locating a replacement tenant if the current tenant should default or abandon the property, and the lease terms that Buyer may be able to negotiate with a potential replacement tenant considering the location of the property, and Buyer’s legal ability to make alternate use of the property.

By accepting this Marketing Brochure you agree to release The Vitorino Group and hold it harmless from any kind of claim, cost, expense, or liability arising out of your investigation and/or purchase of this net leased property.

Net Lease Disclaimer

exclusively listed

469.844.8880 | VITORINOGROUP.COM

Documents

Christian Brothers - Ken Caryl, CO