LOS ANGELES, CA 90065 - LoopNet...goods consisting of Valentine’s Day, Easter, Halloween, and Christmas merchandise. This segment operates under the Dollar Tree, Dollar Tree Canada,

1007CYPRESS AVE.

LOS ANGELES, CA 90065

For more information, please contact:

REZA GHOBADI | Senior Vice President | Lic. 01486779 | +1 818 325 4142 | [email protected] International | 16830 Ventura Boulevard | Encino, CA 91436 | +1 818 905 5800 | www.COLLIERS.com

OFFERING MEMORANDUM

Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. This publication is the copyrighted property of Colliers International and/or its licensor(s). 2015. All rights reserved.

1007 CYPRESS AVE. | page 2


REZA GHOBADI | Senior Vice President | Lic. 01486779 | +1 818 325 4142 | [email protected] International | 16830 Ventura Boulevard | Encino, CA 91436 | +1 818 905 5800 | www.COLLIERS.comColliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. This publication is the copyrighted property of Colliers International and/or its licensor(s). 2015. All rights reserved

Investment HighlightDollar Tree is located at 1007 Cypress Avenue in Los Angeles California. The property is a free standing 7,743 square feet building which was completely remodeled to suit Dollar Tree Store in 2013. The building sits on 0.3 Acres lot with an excellent visibility on Cypress Avenue which is a main thoroughfare in North East Los Angeles. Surrounded by single family homes, the Dollar Tree is strategically located just a block away from Aragon Avenue Elementary School and minutes away from 5 & 110 Freeway. In October 2013, Dollar Tree Inc., has signed a 10-year corporate lease with (2) 5-year renewal options. There will be fixed rent increases of $1 per square foot every five year. This is a corporate guarantee triple net lease with minimal landlord responsibilities.

> Triple Net Lease with 6+ years remaining on initial term. > Two 5-year options to extend > Strong National Credit Tenant > Corporate Guarantee by Dollar Tree, Inc. > Rare Opportunity in North East Los Angeles Market > Single Story Freestanding Building > Completely Renovated to Suit in 2013 > Dense Location Surrounded by Single Homes > Excellent Visibility

about the property

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1007 Cypress Ave.

Downtown Los Angeles




DOLLAR TREE, INC. Dollar Tree, Inc. (NASDAQ: DLTR) is an American chain of discount variety

stores that sells every item for $1.00 or less. A Fortune 500 company, Dollar Tree, Inc. was founded in 1986

and is headquartered in Chesapeake, Virginia and operates over 4,600 stores throughout the 48 contiguous

U.S. states and in Canada. Its stores are supported by a nationwide logistics network of nine distribution

centers. The company operates dollar stores under the names of “Dollar Tree” and “Dollar Bills”. The company

also operates a multiprice-point variety chain under the name “Deal$“

Dollar Tree, Inc. operates discount retail stores in the United States and Canada. The company operates in

two segments, Dollar Tree and Family Dollar. The Dollar Tree segment provides consumable merchandise,

including candy and food, and health and beauty care products, as well as everyday consumables, such as

household paper and chemicals, and frozen and refrigerated food; various merchandise, including toys, durable

housewares, gifts, stationery products, party goods, greeting cards, softlines, and other items; and seasonal

goods consisting of Valentine’s Day, Easter, Halloween, and Christmas merchandise. This segment operates

under the Dollar Tree, Dollar Tree Canada, Deals, and Dollar Tree Deals brands, as well as 10 distribution

centers in the United States and 2 in Canada, and a store support center in Chesapeake, Virginia. The Family

Dollar segment offers consumable merchandise, including food, tobacco, health and beauty aids, household

chemicals, paper products, hardware and automotive supplies, diapers, batteries, and pet food and supplies;

home products, such as housewares, home décor, and giftware, as well as blankets, sheets, and towels;

apparel and accessories merchandise, including clothing, fashion accessories, and shoes; and seasonal and

electronics merchandise, such as Valentine’s Day, Easter, Halloween, and Christmas merchandise, as well as

personal electronics consisting of pre-paid cellular phones and services, stationery and school supplies, and

toys. This segment operates under the Family Dollar brand, 11 distribution centers, and a store support center

in Matthews, North Carolina. As of January 30, 2016, the company operated 13,851 stores in 48 states and the

District of Columbia, and 5 Canadian provinces.




Investment overviewAddress 1007 Cypress Avenue,

Los Angeles, CA 90065

Tenant Dollar Tree

Lease Type NNN

Price $2,795,000

CAP 4.6%

NOI $128,000

Price / SF $360.97

Lease Guarantee Corporate

Lease Term 10-Year

1007 Cypress Ave.




Lease SummaryAddress 1007 Cypress Avenue, Los Angeles, CA 90065 Tenant Dollar Tree

Lease Type NNN

Lease Commencement 11/16/2013

Lease Expiration 1/31/2024

Renewal Options 2 x 5-year

Rent Increases $1/SF every 5-year

Roof & Structures Landlord’s Responsibility

Property Tax Tenant’s Responsibility

Property Insurance Tenant’s Responsibility

Repair & Maintenance Tenant’s Responsibility

Common Area Tenant’s Responsibility

Lease Term Lease Year Annual Rent NOI RENT / SF

1-5 11/16/13 – 11/30/18 128,000 $128,000 $16.00

6-10 12/1/18 – 11/30/23 136,000 $136,000 $17.00

Option 1 11-15 12/1/23 -11/30/28 144,000 $144,000 $18.00

Option 216-20 12/1/28 – 11/30/33 152,000 $152,000 $19.00




POPULATION 1 MILE 2 MILE 3 MILE

TOTAL POPULATION 28,555 107,017 286,158

MEDIAN AGE 34.3 34.3 34.1

MEDIAN AGE (MALE) 32.5 32.8 33.1

MEDIAN AGE (FEMALE) 35.4 35.7 35.2

POPULATION 1 MILE 2 MILE 3 MILE

TOTAL POPULATION 28,555 107,017 286,158

MEDIAN AGE 34.3 34.3 34.1

MEDIAN AGE (MALE) 32.5 32.8 33.1

MEDIAN AGE (FEMALE) 35.4 35.7 35.2

HOUSEHOLDS & INCOME 1 MILE 2 MILE 3 MILE

TOTAL HOUSE HOLDS 8,520 32,958 87,661

# OF PERSONS PER HOUSEHOLDS 3.4 3.2 3.3

AVERAGE HH INCOME $64,843 $63,500 $63,148

AVERAGE HOME VALUE $527,844 $548,119 $552,359

RACE & ETHNICITY 1 MILE 2 MILE 3 MILE

WHITE 46.1% 45.1% 46.6%

BLACK 1.1% 1.6% 3.5%

ASIAN 16.0% 17.4% 19.1%

HAWAIIAN 0.4% 0.3% 0.2%

INDIAN 0.7% 0.6% 0.7%

OTHER 33.8% 32.7% 27.3%

ETHNICITY - HISPANIC 70.6% 65.9% 59.2%

Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. This publication is the copyrighted property of Colliers International and /or its licensor(s). 2016. All rights reserved.

COLLIERS INTERNATIONAL865 S Figueroa Street, Suite 3500

Los Angeles, CA 90017213 627 1214

www.colliers.com

REZA GHOBADISenior Vice PresidentLic. 01486779+1 818 325 [email protected]

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LOS ANGELES, CA 90065 - LoopNet...goods consisting of Valentine’s Day, Easter, Halloween, and Christmas merchandise. This segment operates under the Dollar Tree, Dollar Tree Canada,