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100 COGGINS DRIVE PLEASANT HILL, CALIFORNIA EXCLUSIVE INVESTMENT OPPORTUNITY New 15-Year Absolute NNN Lease TROPHY LONG-TERM SINGLE-TENANT INVESTMENT

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Page 2: EXCLUSIVE INVESTMENT OPPORTUNITY TROPHY LONG-TERM … · cellent Real Estate Fundamentals & Underlying Intrinsic Value- Ex ense Mixed-Use Development Surrounding the Property- D ong-Term

E M A I L : I N F O @ P A C I F I C N N N . C O M | P H O N E : (949) 933-3171 | W W W.PACIFICNNN.COM 1

T his is a confidential marketing profile (the “Profile”) intended solely for your limited use and benefit in determining whether you desire

to express further interest in purchasing the “Property”, located in Pleasant Hill, CA.

This Profile has been prepared by Pacific Commercial Investments, Inc. (“PCI”) on behalf of the owner of the Property (the “Owner”) and has been reviewed by representatives of the Owner. It contains select information pertaining to the Property and does not purport to be an all inclusive representation of the state of affairs of the Property, or to contain all the information, which prospective investors may require. All financial projections and information are provided for general reference purposes only and are based on assumptions relating to the general economy, market conditions, competition and other factors beyond the control of the Owner and PCI. The information contained herein was obtained from third parties, and it has not been independently verified by PCI. Prospective investors should have the experts of their choice inspect the Property and verify all information. PCI is not qualified to act as or select experts with respect to legal, tax, environmental, building construction, soils drainage or other such matters. Therefore, all projections, assumptions and other information provided and made herein are subject to material variation. Neither the Owner nor PCI, nor any of their respective directors, officers, affiliates or representatives make any representation or warranty, expressed or implied, as to the accuracy of completeness of this Profile or any of its contents, and no legal commitment or obligation shall arise by reason of your receipt of this Profile or use of its contents.

The Owner expressly reserves the right, at its sole discretion, to reject any or all expressions of interest or offers on the subject Property, and/or to terminate discussions with any entity at any time with or without notice which may arise as a result of review of this Profile. The Owner shall have no legal commitment or obligation to any entity reviewing this Profile or making an offer on the Property unless and until written agreement(s) for the Property have been fully executed, delivered and approved by the Owner and any conditions to the Owner’s obligations therein have been satisfied or waived.

By receipt of this Profile, you agree that this Profile and its contents are of a confidential nature, that you will hold and treat it in the strictest confidence and that you will not disclose this Profile or any of its contents to any other entity without prior written authorization of the Owner or PCI. You also agree that you will not use this Profile or any of its contents in any manner detrimental to the interest of the Owner or PCI.

PCI reserves the right to submit the Property to additional clients on terms that may or may not be identical to the terms contained herein. By receipt of this Profile, you acknowledge that competing interests may develop in connection with offers on the Property, and waive any onflict of interest that might arise as a result thereof. In such case, PCI expressly disclaims any obligation to advance the interest of any client at the expense of any other client who mayreceive this Profile. Dealings with each client shall remain strictly confidential and in no case will PCI disclose the terms of any actual or potential offer to any competing client.

C O N F I D E N T I A L I T Y

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E M A I L : I N F O @ P A C I F I C N N N . C O M | P H O N E : (949) 933-3171 | W W W.PACIFICNNN.COM

P R O P E R T Y S U M M A R Y

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PROPERTY HIGHLIGHTS • Trophy Bay Area Long-Term Single-Tenant Investment - Premier Signalized Hard-Corner Location Immediately off Interstate 680 - Excellent Real Estate Fundamentals & Underlying Intrinsic Value - Dense Mixed-Use Development Surrounding the Property - Long-Term Upside Potential

• Ideal Location Adjacent to Contra Costa Centre Transit Village - 140+ Acre Master-Planned Transit Community featuring approx. 2.4 Million SF of Office and Commercial space, 2,700+ Residential Units & 432 Hotel Rooms - 84 Companies, 7,000+ Employees & 6,000+ Residents - 7,900 Average Daily Passengers at the Pleasant Hill / Contra Costa Centre BART

• New 15-Year Lease Extension - Absolute NNN Lease - Long-Term Lease with Fixed Scheduled Increases Every Five years - Tenant Responsible for All Expenses - Zero Landlord Responsibilities

• 41-Year Operating History - Institution within the Community - Long-Term Historical Success within the Immediate Trade Area - Unmatched Brand Identity and Customer Loyalty - Nationally Recognized and Award-winning Barbecue

• Extremely Successful Operator - Multiple Expansions to Meet Demand - 1978 - Opened with 2,300 SF - 1994 - Relocated and Expanded to 5,600 SF - 2007 - Relocated and Expanded to current 16,226 SF location which features 2 full bars, and can accommodate 500 customers • Excellent Demographics - Dense & Affluent Trade Area - Population - 1-Mile Radius: 20,601 | 3-Mile Radius: 143,161 - Employees - 1-Mile Radius: 14,137 | 3-Mile Radius: 93,528 - HH Income - 1-Mile Radius: $121,425 | 3-Mile Radius: $122,998

PROPERTY INFORMATION

Address: 100 Coggins Drive Pleasant Hill, CA (View Map)

Improvements: Approx. 16,266 Square Feet

Land: Approx. 50,965 Square Feet

Occupancy: 100%

APN: 148-100-039-4

FINANCIAL INFORMATION

Price: $6,635,000

Cap Rate: 6.15%

Terms: All Cash or Cash to New Loan

ANNUAL OPERATING INFORMATION

Current

Gross Scheduled Income: $408,000

Plus Recapture: NNN

Gross Operating Income: $408,000

Less Operating Expenses: (NNN)

Net Operating Income: $408,000

CAP Rate 6.15%

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E M A I L : I N F O @ P A C I F I C N N N . C O M | P H O N E : (949) 933-3171 | W W W.PACIFICNNN.COM

A E R I A L - I N T E R S E C T I O N V I E W

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E M A I L : I N F O @ P A C I F I C N N N . C O M | P H O N E : (949) 933-3171 | W W W.PACIFICNNN.COM

A E R I A L V I E W

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E M A I L : I N F O @ P A C I F I C N N N . C O M | P H O N E : (949) 933-3171 | W W W.PACIFICNNN.COM

T R A D E A R E A V I E W

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E M A I L : I N F O @ P A C I F I C N N N . C O M | P H O N E : (949) 933-3171 | W W W.PACIFICNNN.COM 6

A E R I A L - I N T E R S E C T I O N V I E W

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E M A I L : I N F O @ P A C I F I C N N N . C O M | P H O N E : (949) 933-3171 | W W W.PACIFICNNN.COM

D E M O G R A P H I C S

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POPULATION1-Mile: $121,4253-Mile: $122,998

1-Mile: 9,7353-Mile: 57,005

1-Mile: 20,6013-Mile: 143,161

HOUSEHOLDS HH INCOME1-Mile: 14,1373-Mile: 93,528

EMPLOYEES

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E M A I L : I N F O @ P A C I F I C N N N . C O M | P H O N E : (949) 933-3171 | W W W.PACIFICNNN.COM

R E L O C A T I O N & E X P A N S I O N

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E M A I L : I N F O @ P A C I F I C N N N . C O M | P H O N E : (949) 933-3171 | W W W.PACIFICNNN.COM

LEASE ABSTRACT

Lease Start: September 1, 2019

Lease Expiration: August 31, 2034

Options: 3 (5-year)

Increases: 8% Every Five Years

Expenses: Absolute NNN No Landlord Responsibilities

Net Operating Income: $408,000

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R E N T R O L L

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E M A I L : I N F O @ P A C I F I C N N N . C O M | P H O N E : (949) 933-3171 | W W W.PACIFICNNN.COM

T E N A N T S U M M A R Y

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Established in 1978, Back Forty Texas BBQ Roadhouse & Saloon is an award-winning BBQ restaurant that is consistently ranked as one of the top in the nation and regularly voted as the #1 Barbecue in California at the annual National BBQ Rib Cook-Off. Using authentic Austin, Texas recipes the food is always prepared from scratch using the freshest and finest ingredients. Customers can dine-in, order carry out, or visit the Saloon for one of the many special events, open mic nights, live music nights on Friday and Saturday evenings, or featured game nights. There are also banquet rooms featuring Old-West decor with the flexibility to accommodate small, medium, or large groups for a unique and memorable dining experience. In addition, Back Forty provides full-service catering with the ability to serve groups of up to 20,000 people.

www.backforty.us

Recent Awards - 2019 Best BBQ in the East Bay- 2018 People’s Choice Best in the West National Rib Cook-Off- 2018 Best BBQ in the East Bay- 2018 1st Place Best Ribs Casino Fandango Rib Cook-Off- 2017 People’s Choice Best in the West National Rib Cook-Off- 2017 Best BBQ in the Easy Bay- 2017 Bay Area A-List Winner in THREE Categories BEST Barbecue (5th year in a row) Best Bar Bites (4th year in a row) Best Wings (3rd year in a row)

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E M A I L : I N F O @ P A C I F I C N N N . C O M | P H O N E : (949) 933-3171 | W W W.PACIFICNNN.COM 11

L O C A T I O N M A P

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E M A I L : I N F O @ P A C I F I C N N N . C O M | P H O N E : (949) 933-3171 | W W W.PACIFICNNN.COM 12

L O C A T I O N M A P

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E M A I L : I N F O @ P A C I F I C N N N . C O M | P H O N E : (949) 933-3171 | W W W.PACIFICNNN.COM 13

P A R C E L M A P

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E M A I L : I N F O @ P A C I F I C N N N . C O M | P H O N E : (949) 933-3171 | W W W.PACIFICNNN.COM 14

S I T E P L A N

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