FOR sale INVESTMENT HIGHLIGHTS FREESTANDING PIZZA HUT INVESTMENT

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1 FOR sale 2,275 TOTAL SQUARE FEET INVESTMENT HIGHLIGHTS $955,500 Purchase Price 6% Cap Rate Primary Retail Destination of Richfield Absolute Net Lease Long Term Tenant FOR MORE INFORMATION CONTACT BRYCE BLANCHARD BEN BROWN

2 RENT ROLL AS OF 1/1/2018 TENANT SF RATE YEAR 1 MONTHLY AVERAGE YEAR 1 ANNUAL Pizza Hut (MP2) 2,275 $25.20 $4,778 $57,330 12/31/2021 LED COMMENTS Rent Increases: 1/1/ $4,891.25/month 1/1/ $5,027.75/month 1/1/ $5,141.50/month Absolute Net Lease - No Landlord Cost Obligations One - 5 year option to renew at 2.5% annual increases INVESTMENT SUMMARY Annual Rental Revenues $57,330 Net Operating Income $57,330 Cap Rate 6.00% Purchase Price $955,500 Pizza Hut Company Info: Yum! Brands, Inc. 16,400 Locations Worldwide in 100 Countries 350,000 Team Members When it comes to tossing around dough, no one does it more often than Pizza Hut. The unit of YUM! Brands operates the world s #1 pizza chain with some 16,400 outlets in more than 100 countries worldwide. The chain serves a variety of pizza styles, including its flagship Pan Pizza, as well as Thin n Crispy, Stuffed Crust, Hand Tossed, and Sicilian. Other menu items include pasta, salads, and sandwiches. Pizza Hut offers dine-in service at its characteristic red-roofed restaurants, as well as carry-out and delivery service. Only about 3% of the restaurants are company-operated, while the rest are franchised. Yum! Brands, Inc., based in Louisville, Kentucky, has over 44,000 restaurants in more than 135 countries and territories and is one of the Aon Hewitt Top Companies for Leaders in North America. In 2017, Yum! Brands was named to the Dow Jones Sustainability North America Index and among the top 100 Best Corporate Citizens by Corporate Responsibility Magazine. The company s restaurant brands KFC, Pizza Hut and Taco Bell are the global leaders of the chicken, pizza and Mexican style food categories. Worldwide, the Yum! Brands system opens over six new restaurants per day on average, making it a leader in global retail development.

3 DEAL PENDING 16,645 cars/day PYLON SIGN (Proposed) 3,000 SF 89 US

4 6,075 cars/day cars/day 9,870 cars/day 70 12,265 cars/day 300 North 7,925 cars/day South China Cafe Main Street Ogden s Superstore New West Motel RICHFIELD PLAZA 70 EXIT #37 State of Utah Office of Rehabilitation State of Utah Driver License Division 16,645 cars/day 4,745 cars/day 1300 South 89 US 5,345 cars/day cars/day Top Nails & Spa

5 WHY Move over, Silicon Valley: Utah has arrived. - Ilan Mochari, Inc. VIEW FULL ARTICLE #10 BEST PLACES TO LIVE BEST STATE FOR BUSINESS IN THE LAST 7 YEARS COST OF LIVING INDEX 93.8* 100 *SALT LAKE CITY % BUDGET SPENT ON EDUCATION 41% 30% 2016 CORPORATE TAX 5% GDP GROWTH 5.8% TOP STARTUP DESTINATION TOP STATE FOR BUSINESS 6.56% % Q JOB GROWTH 3.3% 1.7% POPULATION GROWTH 8.35% 3.68% MEDIAN WAGE $33,990 MEDIAN AGE 30.7 $36, FEBRUARY source: EDCUtah Wait, Utah is the fastest growing state? - Andrew McGill, The Atlantic VIEW FULL ARTICLE

6 ECONOMIC SNAPSHOT Sevier County Year-to-Year Change in Nonfarm Jobs Updated 11/28/ % 3.3% 1.5% JUNE 2017* 244 Sevier County State of Utah United States Sevier County State of Utah United States 5% -5.1% 0% -5% Recession % -5.1% 8.7% 24 Mining 3.8% Employment Share 12 Months ending JUNE 2017** Construc on Manufacturing Trade/Transport/U l Informa on Financial Ac vi es Prof/Business Svcs Ed/Health/Social Svcs Leisure/Hospitality Other Services Government 3.1% 8.8% 1.1% -2.2% 0.0% 1.8% 3.7% 7.9% 4.3% 1.0% Government 20% Mining Construction Manufacturing Trade/Transport/Util Information Financial Activities Prof/Business Svcs Ed/Health/Social Svcs Leisure/Hospitality Other Services Government How's the economy? So far in 2017, Sevier County s labor market has displayed the best job-growth performance since Plus, most industries shared in this employment joy. Although the county s unemployment seems to have leveled-off in recent months, it remains below the year-ago figure. Perhaps more importantly, first-time claims for unemployment insurance continued to trend below the previous two years, an indication that the labor market remains healthy. Retail and wholesale trade sales performance kept figures on the upswing. In general, Sevier County s economy shows notable improvement in the first half of Jobs Job growth in Sevier County has bounced back after the slower expansion of 2016 with strong-to-moderate gains in Between June 2016 and June 2017, Sevier County added more than 240 new jobs for a year-to-year increase of nearly 3 percent. Most industries added new jobs, although a few showed little change. The tourism-driven leisure/hospitality services added the largest number of new positions. * Preliminary. Source: U.S. Bureau of Labor Statistics; Utah Department of Workforce Services.

7 ABOUT SEVIER COUNTY With a county population of 20,000, and 60,000 within forty-five miles, Sevier County fits a wide variety of lifestyles. Whether you re in the market for an abundance of outdoor recreation, or a great business environment, Sevier County is well established as a synergistic commercial center with prime locations for future growth. From a vibrant downtown to ideal commercial locations, we re happy to assist you in your search for that perfect location. The Sevier County Economy is firing on all cylinders. The energy cluster is expanding employment to unprecedented levels, and investment is increasing in most sectors including commercial and small retail. Travel and tourism has continued its upward trend from 2000 with the prospects showing continued growth. Retail studies show that more and more people shop in Sevier County instead of traveling to outside areas. Major retail firms are expanding to Richfield, adding to the regional hub that Sevier County is known for. Sevier County and its surrounding area have access to more than 40,000 employees within a 50-mile radius. In addition, the Utah Department of Workforce Services can assist any company in finding qualified employees. Both Wal-Mart and Home Depot had excellent experiences recruiting employees in Richfield. ABOUT RICHFIELD CITY Richfield is the county seat of Sevier County, located in west central Utah. It is the largest city in the county and lies in a fertile valley surrounded by beautiful red rock mountains and snow-covered peaks. The county can be best described as rural diversified due to the convergence of agricultural, retail and industrial activities. Part of Richfield s great appeal is its small size. With a population of 7,111 people, residents can enjoy a quality of life free from congestion, pollution and noise. Yet, even for a community of this size, residents enjoy varied shopping, restaurants and cultural activities. Richfield is part of Panoramaland, and is a popular thoroughfare to several nearby National Parks and Forests, all providing abundant recreational activities. The area has been long known for its outdoor recreational opportunities, such as hiking, fishing and hunting. Mountain biking and All-Terrain Vehicle (ATV) riding events have recently added to the area s popularity.