nnn dollar general Lake Tahoe MSA For more info on this opportunity please contact: [ REPRESENTATIVE PHOTO ] 951 S. Auburn Street, Colfax, CA 95713

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1 nnn dollar general Lake Tahoe MSA 951 S. Auburn Street, Colfax, CA For more info on this opportunity please contact: John Andreini (415) CA BRE# Rick Sanner (415) CA BRE# Bob Sanner (415) CA BRE# Chris Kostanecki (415) CA BRE# Capital Pacific collaborates. Click here to meet the rest of our San Francisco team.

2 15-year investment grade corporate lease to dollar general with no Landlord responsibilities The subject property is located in Colfax, CA along Highway 80, and is highly visible to cars driving from the Bay Area to Lake Tahoe. PRICE.... $2,618,922 cap rate % PRICE PER SQ FT... $ RENTABLE SF... 9,100 SF land area Acres Year Built Investment Highlights Representative Photos Highlights Immediate area retailers include Starbucks, McDonald s, Taco Bell, Sierra Market grocery store, Napa Auto Parts, and many other local tenants Highway traffic counts in excess of 27,500 VPD on Highway 80 Population of 12,512 within a 5-mile radius HIGH GROWTH AND STABLE TENANT Dollar General operates 11,700+ stores in 43 states Fiscal 2014 sales were $18.9 billion Net income of $1.025 billion in 2013 In the 5+ years since going public in 2009, the Dollar General stock price has more than tripled (from $23 to $75) SURGING CREDIT RATING - INVESTMENT GRADE Dollar General s credit is BBB- and the company s credit rating has been raised four times since It has a better credit rating than both of its large competitors dollar general lease 15-year primary lease term with three (3), five-year options 10% rental increases every 5 years during the option periods Absolute net lease Brand new construction Rent commencement scheduled for November 15, 2015 Dollar General 2

3 Income & Expense PRICE $2,618,922 Price Per Square Foot: $ Capitalization Rate: 5.75% Total Rentable Area (SF): 9,100 Lot Size (Acres): 1.18 Year Built: 2015 STABILIZED INCOME Per Square Foot Scheduled Rent $16.55 $150,588 LESS Per Square Foot Taxes NNN $0.00 Insurance NNN $0.00 Total Operating Expenses $0.00 EQUALS NET OPERATING INCOME $150,588 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. Buyer must verify the information and bears all risk for any inaccuracies. Dollar General 3

4 Rent Roll TENANT INFO LEASE TERMS RENT SUMMARY Tenant Name Sq. Ft. Term Current Rent Monthly Rent Yearly Rent Monthly Rent/FT Yearly Rent/FT Dollar General 9, $150,588 $12,549 $150,588 $1.38 $16.55 Option $13,805 $165,660 $1.52 $18.20 Option $15,185 $182,220 $1.67 $20.02 Option $16,705 $200,460 $1.84 $22.03 Current Totals: 9,100 $150,588 $12,549 $150,588 $1.38 $16.55 Rent commencement scheduled for November 15, 2015 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. Buyer must verify the information and bears all risk for any inaccuracies. Dollar General 4

5 Site Plan 80 Auburn Street lighted pylon Sign 27,500 DAILY Dollar General 5

6 immediate area retailers include starbucks, mcdonald s, taco bell and napa auto Colfax High School 80 SACRAMENTO Colfax Elementary Tokayana Way Ben Taylor Road MAIN STREET PIZZA ANTIQUES N STUFF COLFAX MALL PICK A FLICK COLFAX MARKET RAILHEAD SALOON DOTTIE S RESTAURANT COLFAX GREEK BISTRO 174 MASSICK DRIVING SCHOOL SIERRA JUNCTION REALTY COLFAX REALTY COLFAX RECORD BOB S DOGS COLFAX GLASS SMART SET BEAUTY SALON DENNY S TRANSMISSION 27,500 DAILY S Auburn Street C.O.R.E. California Public Charter School H&R BLOCK Dollar General 6

7 Tenant Dollar General Dollar General has more than 11,700 discount stores in 43 states, primarily in the southern and eastern US, the Midwest, and the Southwest. Dollar General targets low-, middle-, and fixed-income shoppers by offering basic household items, such as cleaning supplies, health and beauty aids, apparel and food - all at reasonable prices. The company has grown into the country s largest small-box discount retailer. Stores are often located in small towns off the radar of giant discounters. One of Dollar General s main advantages is that it offers prices as low or lower than Walmart but in more convenient locations. Dollar General has more stores than any other retailer and is easily the largest dollar store chain. The company ranks 175th within the Fortune 500 list. Fiscal 2014 revenues exceeded $18.9 billion with a net income of $1.065 billion and net worth of $5.71 billion. Dollar General 7 Representative Photo Representative Photo

8 Regional Map Colfax CA Location 27,500 DAILY colfax 1 hr 57 min 93.8 miles 2 hr 26 min 135 miles Sacramento 50 min 48.3 miles lake Tahoe Dollar General San Francisco Bay area Dollar General 8

9 Location & Demos [ SACRAMENTO, CA] Colfax, CA Overview Colfax is located in Placer County, California, at the crossroads of Interstate 80 and State Route 174. It is approximately one hour north of Sacramento and three hours north of San Francisco. Colfax is part of the Sacramento Metropolitan Statistical Area, which is the fourth largest MSA in California, having grown nearly 20% in the last decade. Population 1-Mile 3-Mile 5-Mile 2,521 6,406 12,512 Placer County is a key component of the Sacramento Region s economy, offering many attractive features including strong economic and demographic growth, a healthy business climate, developed infrastructure, and excellent quality of life. The County has benefited from expansions in its transportation infrastructure and the location of prominent businesses such as Hewlett Packard, Oracle Corporation, Ace Hardware, and PRIDE Industries. One of the County s most noted gems, the Sierra Nevada Mountains, home of the 1960 Winter Olympics at Squaw Valley, provides abundant recreational opportunities to its residents and visitors from around the world. All of these aspects have made Placer County a desirable location to live, work, and play. Sacramento, only 48 miles from Colfax, is the capital city of California and the seat of government of Sacramento County. It sits at the confluence of the Sacramento River and the American River in the northern portion of California s expansive Central Valley. Sacramento has a diverse economy, and its estimated 2014 population of 485,199 made it the sixth-largest city in California. Average Household Income 1-Mile 3-Mile 5-Mile $74,968 $75,150 $77,361 Top Employers in Sacramento Employer # of Employees* State of California 69,763 Sacramento County 11,450 UC Davis Health System 7,725 Dignity Health/Catholic Heathcare 7,069 *Approximate Dollar General 9

10 A unique HUMAN RESULTS-DRIVEN client experience The capital pacific experience - our daily commitment to our clients [ ] John Andreini jandreini@capitalpacific.com (415) CA BRE# Bob Sanner bsanner@capitalpacific.com (415) CA BRE# Rick Sanner rsanner@capitalpacific.com (415) CA BRE# Chris Kostanecki ck@capitalpacific.com (415) CA BRE# Copyright 2015 [Capital Pacific Real Estate Brokerage Company]