JIFFY LUBE - HESPERIA, CALIFORNIA

JIFFY LUBE - HESPERIA, CALIFORNIA 16701 MAIN ST. HESPERIA, CA 92345 Vinny Jacobellis BRE # 02073038 Associate 818.227.8000 vinny.jacobellis@svn.com CalDRE #02073038 Jeff Albee, CCIM, BRE#00969071 Executive Vice President 818.227.8000 jeff.albee@svn.com CalDRE #00969071 Tilden Moschetti, CCIM BRE#01933142 Vice President 818.227.8000 tilden.moschetti@svn.com CalDRE #01933142 SVN RICH INVESTMENT REAL ESTATE PARTNERS 10940 WILSHIRE BLVD., SUITE 1600, LOS ANGELES, CA 90024 OFFERING MEMORANDUM

PROPERTY INFORMATION 3 Property Summary Additional Photos Tenant Summary - Jiffy Lube LOCATION INFORMATION 7 Regional Map Retailer Map Demographics Map FINANCIAL ANALYSIS 11 Rent Roll Financial Summary Disclaimer Back Page JIFFY LUBE - HESPERIA, CALIFORNIA 16701 MAIN ST., HESPERIA, CA 92345 OFFERING MEMORANDUM

1 PROPERTY INFORMATION 16701 Main St. Hesperia, CA 92345 JIFFY LUBE - HESPERIA, CALIFORNIA 16701 MAIN ST. HESPERIA, CA 92345 SVN Rich Investment Real Estate Partners Page 3

Property Summary OFFERING SUMMARY Sale Price: $1,309,091 Cap Rate: 5.5% Sale Type: Sale-Leaseback Term: 10 Years + Options NOI: $72,000 Lot Size: 14,322 SF PROPERTY OVERVIEW SVN Rich Investment Real Estate Partners is proud to present 16701 Main St in Hesperia, California. This property is a sale lease back opportunity which includes a 2,460 square foot single tenant Jiffy Lube with two service bays. The property will have a 10 year lease with five, five year options with 10% increases every five years on lease term and options. The lease is corporately guaranteed by Najjar Lube Centers Inc, a Jiffy Lube Franchisee which operates over 33 locations. PROPERTY HIGHLIGHTS Store to receive over $40k in equipment and signage upgrades and additions to allow for brakes, repair and tire sales and installation Many developments coming to the area including a 200 unit duplex development just minutes down the road Excellent frontage and visibility, great demographics for use Strong franchisee with over 33 locations and excellent store sales Internet proof Building Size: 2,460 SF JIFFY LUBE - HESPERIA, CALIFORNIA 16701 MAIN ST. HESPERIA, CA 92345 SVN Rich Investment Real Estate Partners Page 4

Additional Photos JIFFY LUBE - HESPERIA, CALIFORNIA 16701 MAIN ST. HESPERIA, CA 92345 SVN Rich Investment Real Estate Partners Page 5

Tenant Summary - Jiffy Lube ABOUT NAJJAR LUBE CENTERS, INC. Najjar Lube Centers Inc, a Jiffy Lube Franchisee has been in business for over 20 years. The company started with just one location and has grown its business to 33 locations in California with over $25 million annually in sales. ABOUT JIFFY LUBE Jiffy Lube is a chain of over 2,200 businesses in North America offering oil changes and other automotive services. The company is based in Houston, Texas and is a subsidiary of Shell Oil. Jiffy Lube consists of more than 2,000 franchised service centers throughout North America and Canada, serving approximately 24 million customers each year. Jiffy Lube service centers are 100% franchise-owned, independently owned and operated by 252 franchisees. The first Jiffy Lube store was established in Ogden, Utah by Edwin Washburn as early as 1971. Over the following years, Washburn franchised a number of Jiffy Lube centers within Utah. In 1979, James Hindman bought out all the franchises and established Jiffy Lube International, relocating to Baltimore, Maryland. It is this year which Jiffy Lube states as its founding date. Jiffy Lube went public in 1987 and had opened 1,020 franchises and company stores by 1989. Jiffy Lube went public in 1987 and opened 1,020 franchises and company stores by 1989. In 1991, Jiffy Lube became a subsidiary of Pennzoil. Following the merger of Pennzoil and Quaker State in 1998, 581 Q Lube stores were merged into the Jiffy Lube brand. Pennzoil-Quaker State was ultimately purchased by Shell Oil in 2002 to form JIFFY LUBE - HESPERIA, CALIFORNIA 16701 MAIN ST. HESPERIA, CA 92345 SVN Rich Investment Real Estate Partners Page 6

2 LOCATION INFORMATION 16701 Main St. Hesperia, CA 92345 JIFFY LUBE - HESPERIA, CALIFORNIA 16701 MAIN ST. HESPERIA, CA 92345 SVN Rich Investment Real Estate Partners Page 7

Regional Map Jiffy Lube - Hesperia, California JIFFY LUBE - HESPERIA, CALIFORNIA 16701 MAIN ST. HESPERIA, CA 92345 SVN Rich Investment Real Estate Partners Page 8

Retailer Map JIFFY LUBE - HESPERIA, CALIFORNIA 16701 MAIN ST. HESPERIA, CA 92345 SVN Rich Investment Real Estate Partners Page 9

Demographics Map POPULATION 1 MILE 3 MILES 5 MILES Total population 6,711 50,631 114,056 Median age 27.1 29.3 31.0 Median age (Male) 26.5 28.9 30.2 Median age (Female) 28.0 30.3 31.8 HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES Total households 1,975 14,661 34,113 # of persons per HH 3.4 3.5 3.3 Average HH income $47,183 $55,542 $58,796 Average house value $271,365 $283,744 $267,878 * Demographic data derived from 2010 US Census JIFFY LUBE - HESPERIA, CALIFORNIA 16701 MAIN ST. HESPERIA, CA 92345 SVN Rich Investment Real Estate Partners Page 10

3 FINANCIAL ANALYSIS 16701 Main St. Hesperia, CA 92345 JIFFY LUBE - HESPERIA, CALIFORNIA 16701 MAIN ST. HESPERIA, CA 92345 SVN Rich Investment Real Estate Partners Page 11

Rent Roll TENANT NAME UNIT SIZE (SF) LEASE START LEASE END PRICE PER SF/YR ANNUAL RENT ESCALATIONS (ANNUAL RENT) OPTIONS Najjar Lube Centers 2,460 Close of Escrow 10 Years $29.27 $72,000 Year 6 - $79,200 Five 5-Yr Options Option 1 - $87,120 to Renew with 10% Option 2 - $95,832 Option 3 - $105,415 Increases per Option Period. Option 4 - $115,957 Option 5 - $127,552 Totals/Averages 2,460 $29.27 JIFFY LUBE - HESPERIA, CALIFORNIA 16701 MAIN ST. HESPERIA, CA 92345 SVN Rich Investment Real Estate Partners Page 12

Financial Summary INVESTMENT OVERVIEW Price $1,309,091 CAP Rate 5.5% Cash-on-Cash Return (yr 1) 3.41 % Total Return (yr 1) $27,613 Debt Coverage Ratio 1.28 OPERATING DATA Gross Scheduled Income $72,000 Total Scheduled Income $72,000 Gross Income $72,000 Operating Expenses $0 Net Operating Income $72,000 Pre-Tax Cash Flow $15,615 FINANCING DATA Down Payment $458,182 Loan Amount $850,909 Debt Service $56,385 Debt Service Monthly $4,698 Principal Reduction (yr 1) $11,998 JIFFY LUBE - HESPERIA, CALIFORNIA 16701 MAIN ST. HESPERIA, CA 92345 SVN Rich Investment Real Estate Partners Page 13

Disclaimer The material contained in this Offering Brochure is furnished solely for the purpose of considering the purchase of the property within and is not to be used for any other purpose. This information should not, under any circumstances, be photocopied or disclosed to any third party without the written consent of the SVN Advisor or Property Owner, or used for any purpose whatsoever other than to evaluate the possible purchase of the Property. The only party authorized to represent the Owner in connection with the sale of the Property is the SVN Advisor listed in this proposal, and no other person is authorized by the Owner to provide any information or to make any representations other than contained in this Offering Brochure. If the person receiving these materials does not choose to pursue a purchase of the Property, this Offering Brochure must be returned to the SVN Advisor. Neither the SVN Advisor nor the Owner make any representation or warranty, express or implied, as to the accuracy or completeness of the information contained herein, and nothing contained herein is or shall be relied upon as a promise or representation as to the future representation of the Property. This Offering Brochure may include certain statements and estimates with respect to the Property. These Assumptions may or may not be proven to be correct, and there can be no assurance that such estimates will be achieved. Further, the SVN Advisor and the Owner disclaim any and all liability for representations or warranties, expressed or implied, contained in or omitted from this Offering Brochure, or any other written or oral communication transmitted or made available to the recipient. The recipient shall be entitled to rely solely on those representations and warranties that may be made to it in any final, fully executed and delivered Real Estate Purchase Agreement between it and Owner. The information contained herein is subject to change without notice and the recipient of these materials shall not look to Owner or the SVN Advisor nor any of their officers, employees, representatives, independent contractors or affiliates, for the accuracy or completeness thereof. Recipients of this Offering Brochure are advised and encouraged to conduct their own comprehensive review and analysis of the Property. This Offering Brochure is a solicitation of interest only and is not an offer to sell the Property. The Owner expressly reserves the right, at its sole discretion, to reject any or all expressions of interest to purchase the Property and expressly reserves the right, at its sole discretion, to terminate negotiations with any entity, for any reason, at any time with or without notice. The Owner shall have no legal commitment or obligation to any entity reviewing the Offering Brochure or making an offer to purchase the Property unless and until the Owner executes and delivers a signed Real Estate Purchase Agreement on terms acceptable to Owner, in Owner s sole discretion. By submitting an offer, a prospective purchaser will be deemed to have acknowledged the foregoing and agreed to release the Owner and the SVN Advisor from any liability with respect thereto. To the extent Owner or any agent of Owner corresponds with any prospective purchaser, any prospective purchaser should not rely on any such correspondence or statements as binding Owner. Only a fully executed Real Estate Purchase Agreement shall bind the property and each prospective purchaser proceeds at its own risk. JIFFY LUBE - HESPERIA, CALIFORNIA 16701 MAIN ST. HESPERIA, CA 92345 SVN Rich Investment Real Estate Partners Page 14