For Sale. NNN - ARCO AMPM San Diego North County. Investment Opportunity ARCO AMPM - NNN LEASE- 4.2 CAP 761 N. Broadway, Escondido, CA 92025

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1 For Sale Investment Opportunity ARCO AMPM - NNN LEASE- 4.2 CAP 761 N. Broadway, Escondido, CA NNN - ARCO AMPM San Diego North County Exclusively Offered By:

Property Overview Price $4,600,000 Lease Type NNN GLA 28,000 SF +/- Year Built 2012 Lot Size 0.53 Acres NOI (As of August, 2017) $192,000 CAP Rate 4.2% Average CAP Over Initial Term 4.

92 $203,747.04 4.4% 8/15/2021 $17,318.50 $207,821.98 4.5% 8/15/2022 $17,664.87 $211,978.42 4.6% 8/15/2023 $18,018.17 $216,217.99 4.7% 8/15/2024 $18,378.53 $220,542.35 4.8% 8/15/2025 $18,746.

7% This well-established, stabilized and highly visible ARCO AMPM, built new in 2012 is located in the heart of Escondido with nearby retail tenants including Escondido Square Shopping Center, Pearl

Attractive Ownership Structure: Property Features Single Tenant, Absolute NNN Lease with Zero Landlord Responsibilities.

2 Property Overview Price $4,600,000 Lease Type NNN GLA 28,000 SF +/- Year Built 2012 Lot Size 0.53 Acres NOI (As of August, 2017) $192,000 CAP Rate 4.2% Average CAP Over Initial Term 4.4% Renewal Options Four 5-Year Date Base Rent Annual Rent Annual CAP Current Rent $16, $192, % 8/15/2018 $16, $195, % 8/15/2019 $16, $199, % 8/15/2020 $16, $203, % 8/15/2021 $17, $207, % 8/15/2022 $17, $211, % 8/15/2023 $18, $216, % 8/15/2024 $18, $220, % 8/15/2025 $18, $224, % 8/15/2026 $19, $229, % 8/15/2027 $19, $234, % 8/15/2028 $19, $238, % Average Over Ten Years 4.7% This well-established, stabilized and highly visible ARCO AMPM, built new in 2012 is located in the heart of Escondido with nearby retail tenants including Escondido Square Shopping Center, Pearl Car Wash, Food 4 Less, Starbucks, Subway and several others. It was opened new, in 2012 and features a 2,200 SF convenience store. Attractive Ownership Structure: Property Features Single Tenant, Absolute NNN Lease with Zero Landlord Responsibilities. Rent Increases: Rent $16,000 per month, NNN, with 2% Increases every year throughout the Primary Period and All Options to Extend. Lease guaranteed by Tesoro Oil Co. Lease: Primary lease until August 2023, then 4 Five Years Options. Tenant: Tesoro - Andeavor - Ranked #117 Fortune 500 National Brand Recognition: ARCO AMPM is a Leader in the Fuel and Convenience Store Industry in the Southern California Market - the Largest Gasoline Market in the U.S.A. Environmental: Environmental Studies Available For more information

3 Regional Map & Aerial Pacific Ocean Elfin Forest Recreational Reserve Country Corner Shopping Center Escondido Square Shopping Center Lincoln Elementary School N Grape Day Park Farr Elementary School Civic Center Plaza Shopping Center Mission Middle School Residential Apartments For more information 9820 Willow Creek Road Suite 100 San Diego, CA

Area Overview San Diego With its great weather, miles of sandy beaches, and major attractions, San Diego is known worldwide as one of the best tourist destinations.

San Diego is renowned for its idyllic climate, 70 miles of pristine beaches and a dazzling array of world-class family attractions.

4 Area Overview San Diego With its great weather, miles of sandy beaches, and major attractions, San Diego is known worldwide as one of the best tourist destinations. San Diego is also a hub for cutting-edge businesses for telecommunications, biotechnology, software, electronics, and other major industries. San Diego is renowned for its idyllic climate, 70 miles of pristine beaches and a dazzling array of world-class family attractions. San Diego s tourism industry has made significant strides and continues to thrive, boasting approximately 34 million visitors annually. This tourism brings in nearly $10 billion in yearly revenue, which translates to a regional impact of over $16 billion new dollars generated for the regional economy. Popular San Diego destinations include the world-famous San Diego Zoo and Safari Park, Sea World San Diego and LEGOLAND California. Balboa Park, the second largest urban cultural park in the U.S. (second only to Central Park in New York City), home to 15 museums, numerous art galleries, beautiful gardens, the Tony Award-winning Globe Theatre and the San Diego Zoo. San Diego County, the southern-most county in California, has a population of just over 3.1 million people with an average household income in excess of $91,000. San Diego County has a diverse economy with a strong tourism sector, a sizable defense industry, and a bustling technology cluster. The U.S. Military is the county s largest employer with a naval base in the city of San Diego as well as Camp Pendleton which is located in the northern most point of the County. Escondido Escondido is located in the heart of Northern San Diego County. Although Escondido means Hidden there are many attractions, restaurants, wineries, etc. to experience in this city. Escondido is home to Stone Brewing World Bistro and Gardens, San Diego Safari Park, San Diego Archaeological Center, California Center for the Arts, Queen Califia s Magical Circle, and more. Escondido is well known for its exquisite wineries and craft beer culture, and holds many annual wine tasting and beer tasting events. The area is also known for its hiking trail on Palomar Mountain, three lakes to enjoy fishing, downtown shopping, and casinos. The City of Escondido s business retention and expansion program strives to keep businesses from relocating outside of Escondido and the 78 corridor. It also helps businesses with expansions that create jobs, and helps firms increase their competitiveness. In an effort to identify and understand the needs of Escondido businesses, the City and the Escondido Chamber of Commerce hold an annual outreach survey event called the Annual Escondido Business Walk. The purpose is to gather information about what businesses need to be successful in Escondido.

About The Tenant Tesoro - Andeavor Andeavor Corporation (NYSE: ANDV), formerly known as Tesoro Corporation, or simply as Tesoro, is a Fortune 100 and a Fortune Global 500 company headquartered in

Andeavor is an independent refiner and marketer of petroleum products, operating seven refineries in the Western United States with a combined rated crude oil capacity of approximately 845,000

Tesoro s retail-marketing system includes over 2,264 branded retail gas stations, of which more than 595 are company-operated under its own Tesoro brandname, as well as Shell, ExxonMobil, ARCO, and

5 About The Tenant Tesoro - Andeavor Andeavor Corporation (NYSE: ANDV), formerly known as Tesoro Corporation, or simply as Tesoro, is a Fortune 100 and a Fortune Global 500 company headquartered in Texas at San Antonio, with 2013 annual revenues of $37 billion, and over 6,308 employees worldwide. Andeavor is an independent refiner and marketer of petroleum products, operating seven refineries in the Western United States with a combined rated crude oil capacity of approximately 845,000 barrels per day. Tesoro s retail-marketing system includes over 2,264 branded retail gas stations, of which more than 595 are company-operated under its own Tesoro brandname, as well as Shell, ExxonMobil, ARCO, and USA Gasolinebrands. Tesoro is one of the largest independent petroleum refiners and marketers in the country, operating six refineries in California, Alaska, Washington, North Dakota, and Utah, with a combined refining capacity of 875,000 barrels a day as of Its network of 2,300 retail stations includes those under the brands of Shell, Exxon, Mobil, USA Gasoline, and ARCO, as well as its own brand. Currently, Gregory J. Goff is the Chairman, President & Chief Executive Officer. They have been pn the Fortune 500 list for 18 years now. Andeavor was founded in 1968 by Dr. Robert V. West Jr, and is primarily engaged in petroleum exploration and production. Tesoro is the word for treasure (or treasury) in Italian and Spanish. In 1969, Tesoro began operating its first refinery, near Kenai, Alaska: Tesoro Corp. became the first Fortune 500 company to be headquartered in San Antonio. In the late 1990s, Tesoro grew through a series of acquisitions and initiatives that created Tesoro Corporation, the company focusing on a single core business: petroleum refining and marketing. Acquisitions expanded refining capacity from 72,000 barrels per day to approximately 664,000 barrels per day

6 Demographics 5-Mile Radius For more information

NNN - ARCO AMPM San Diego North County 761 N.

the accuracy of the information contained herein, and the same is submitted subject to errors,

withdrawal without notice, and of any special listing conditions imposed by our principals no

7 NNN - ARCO AMPM San Diego North County 761 N. Broadway, Escondido, CA No warranty or representation, express or implied, is made as to the accuracy of the information contained herein, and the same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice, and of any special listing conditions imposed by our principals no warranties or representations are made as to the condition of the property or any hazards contained therein are any to be implied. For more information Please call:

For Sale - NNN. 76 Gas Station with Car Wash & Auto Repair 750 N Escondido Blvd Escondido, CA Duane R. Bernard. Exclusively Offered By:

For Sale - NNN. 76 Gas Station with Car Wash & Auto Repair 750 N Escondido Blvd Escondido, CA Duane R. Bernard. Exclusively Offered By: For Sale - NNN 76 Gas Station with Car Wash & Auto Repair 750 N Escondido Blvd Escondido, CA 92025 Exclusively Offered By: Senior Associate Property Overview Price $8,350,000 Lease Type NNN GLA 27,112