OFFERING MEMORANDUM ABSOLUTE TRIPLE NET (NNN) LEASE INVESTMENT OPPORTUNITY 4810 MCKNIGHT RD | PITTSBURGH, PA 15327

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OFFERING MEMORANDUM ABSOLUTE TRIPLE NET (NNN) LEASE INVESTMENT OPPORTUNITY 4810 MCKNIGHT RD | PITTSBURGH, PA 15327
OFFERING MEMORANDUM
                        Absolute Triple Net (NNN) Lease Investment Opportunity
                              4810 McKnight Rd | Pittsburgh, PA 15327
Actual Property Image
OFFERING MEMORANDUM ABSOLUTE TRIPLE NET (NNN) LEASE INVESTMENT OPPORTUNITY 4810 MCKNIGHT RD | PITTSBURGH, PA 15327
03            INVESTMENT SUMMARY
                   • Investment Summary
                   • Investment Highlights

05            AREA OVERVIEW
                  • Location Map
                                                                                                                                                                                                                             Actual Property Image
                  • Aerial & Retail Maps
                  • City Overview
                                                                                                            Exclusively Marketed By: Sands Investment Group

10            TENANT OVERVIEW                                                                                  John Cigliano                                               Jennifer D. Stein
                  • Tenant Profile                                                                            Lic. # 01944544                                              Lic. # RM422728

                                                                                                       310.853.1353 | DIRECT                                         213.446.5366 | DIRECT
                                                                                                         john@SIGnnn.com                                               jstein@SIGnnn.com
11            LEASE ABSTRACT
                  • Lease Summary
                  • Rent Roll                                         © 2018 Sands Investment Group (SIG). The information contained in this ‘Offering Memorandum,’ has been obtained from sources believed to be reliable. Sands Investment
                                                                      Group does not doubt its accuracy, however, Sands Investment Group makes no guarantee, representation or warranty about the accuracy contained herein. It is the
                                                                      responsibility of each individual to conduct thorough due diligence on any and all information that is passed on about the property to determine it’s accuracy and completeness.
                                                                      Any and all projections, market assumptions and cash flow analysis are used to help determine a potential overview on the property, however there is no guarantee or assurance
                                                                      these projections, market assumptions and cash flow analysis are subject to change with property and market conditions. Sands Investment Group encourages all potential
                                                                      interested buyers to seek advice from your tax, financial and legal advisors before making any real estate purchase and transaction.
In Cooperation with JDS Real Estate Services, Inc. – Lic # RB068057
OFFERING MEMORANDUM ABSOLUTE TRIPLE NET (NNN) LEASE INVESTMENT OPPORTUNITY 4810 MCKNIGHT RD | PITTSBURGH, PA 15327
INVESTMENT SUMMARY

                                                            OFFERING SUMMARY
                                             PRICE                               $1,942,857
                                             CAP                                      5.25%
                                             NOI                                   $102,000
                                             PRICE PER SF                           $620.32
                                             YEARS REMAINING                      ~14 Years
                                             LEASE GUARANTY                       Corporate

                                                            PROPERTY SUMMARY
                                             ADDRESS                      4810 McKnight Rd
                                                                        Pittsburgh, PA 15327
                                             COUNTY                                Allegheny

                                             BUILDING AREA                          3,132 SF

                                             LAND AREA                            0.50 Acres
     3               Actual Property Image
OFFERING MEMORANDUM ABSOLUTE TRIPLE NET (NNN) LEASE INVESTMENT OPPORTUNITY 4810 MCKNIGHT RD | PITTSBURGH, PA 15327
INVESTMENT HIGHLIGHTS

                                                                                                                        Actual Property Image

                                     • Long Term Absolute Triple Net (NNN) Corporately Guaranteed Lease

                        Investment   • Excellent Sales Well Above the National Average for Arby’s

                          Summary    • Recently Extended Lease Shows Tenants Long Term Commitment to the Site

                                     • 7.5% Rental Increases Every 5 Years and At Options

                                     • Upside with Additional Income from Billboard

                          Absolute   • Well Located Within a Strong Retail Corridor Directly Across from a Target Anchored Power
                                       Center and Ross Elementary School
                        NNN Lease    • Strong Demographics with a 3-Mile Population of 72,232 and High Traffic Counts of Over
 44                                    35,000 VPD on McKnight Road
OFFERING MEMORANDUM ABSOLUTE TRIPLE NET (NNN) LEASE INVESTMENT OPPORTUNITY 4810 MCKNIGHT RD | PITTSBURGH, PA 15327
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     LOCATION MAP
OFFERING MEMORANDUM ABSOLUTE TRIPLE NET (NNN) LEASE INVESTMENT OPPORTUNITY 4810 MCKNIGHT RD | PITTSBURGH, PA 15327
AERIAL MAP

             Ross Elementary
                 School

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OFFERING MEMORANDUM ABSOLUTE TRIPLE NET (NNN) LEASE INVESTMENT OPPORTUNITY 4810 MCKNIGHT RD | PITTSBURGH, PA 15327
57
     RETAIL MAP
OFFERING MEMORANDUM ABSOLUTE TRIPLE NET (NNN) LEASE INVESTMENT OPPORTUNITY 4810 MCKNIGHT RD | PITTSBURGH, PA 15327
AERA OVERVIEW
                                                                         Ross Elementary
                                                                             School

                SUBJECT PROPERTY DEMOGRAPHICS
                                           1 Mile    3 Mile    5 Mile
                Population                  6,314    72,232    198,309

                Average Household Income   $92,996   $82,417   $75,791
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OFFERING MEMORANDUM ABSOLUTE TRIPLE NET (NNN) LEASE INVESTMENT OPPORTUNITY 4810 MCKNIGHT RD | PITTSBURGH, PA 15327
AREA OVERVIEW
                PITTSBURGH, PA
                                                       ABOUT THE CITY
                                                       Pittsburgh is a city in the Commonwealth of Pennsylvania and is the county seat of Allegheny County. As of 2017, a
                                                       total population of 305,704 lives within the city limits, making it the 63rd largest city in the U.S.
                                                       The metropolitan population of 2,353,045 is the largest in both the Ohio Valley and Appalachia, the second-largest
                                                       in Pennsylvania (behind Philadelphia), and the 26th largest in the U.S. Located at the confluence of
                                                       the Allegheny, Monongahela, and Ohio rivers, Pittsburgh is known as both "the Steel City" for its more than
                                                       300 steel-related businesses, and as the "City of Bridges" for its 446 bridges. Pittsburgh is a vibrant, mid-sized city
                                                       that has the feel of a small town. Its approachability can be seen on the faces of its energetic, hard-working and
                                                       proud people.
                PITTSBURGH, PA

                                                       ECONOMY
                                                       Today, Google, Apple Inc., Bosch, Facebook, Uber, Nokia, Autodesk, and IBM are among 1,600 technology firms
                                                       generating $20.7 billion in annual Pittsburgh payrolls. The area has served as the long-time federal agency
                                                       headquarters for cyber defense, software engineering, robotics, energy research and the nuclear navy. The area is
                                                       home to 68 colleges and universities, including research and development leaders Carnegie Mellon University and
                                                       the University of Pittsburgh. The nation's eighth-largest bank, eight Fortune 500 companies, and six of the top 300
                                                       U.S. law firms make their global headquarters in the Pittsburgh area, while RAND, BNY
                                                       Mellon, Nova, FedEx, Bayer and NIOSH have regional bases that helped Pittsburgh become the 6th best area for U.S
                                                       job growth. The largest employer in the city is the University of Pittsburgh Medical Center with roughly 48,000
                                                       employees. All hospitals, outpatient clinics, and doctor's office positions combine for 116,000 jobs, approximately
                UNIVERSITY PITTSBURGH MEDICAL CENTER
                                                       10% of the jobs in the region.

                                                       CULTURE & CONTEMPORARY LIFE
                                                       Most recently, Harper's Bazaar named Pittsburgh one of the "Best Places to Travel in 2017." With all of the
                                                       outstanding attractions, award-winning restaurants, world-class accommodations and so much more, it comes to no
                                                       surprise. Pittsburgh has a rich history in arts and culture dating from 19th century industrialists commissioning and
                                                       donating public works, such as Heinz Hall for the Performing Arts and the Benedum Center, home to the Pittsburgh
                                                       Symphony Orchestra and Pittsburgh Opera, respectively as well as such groups as the River City Brass Band and
                                                       the Pittsburgh Youth Symphony Orchestra. The Pittsburgh Zoo and PPG Aquarium, Phipps Conservatory and
                                                       Botanical Gardens, and the National Aviary have served the city for over a century. Pittsburgh is home to the
                                                       popular amusement park Kennywood. Pittsburgh's affordable standard of living, top-notch health care facilities and
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                PHIPPS CONSERVATORY                    cultural attractions combine to make it America's "Most Livable City.”
OFFERING MEMORANDUM ABSOLUTE TRIPLE NET (NNN) LEASE INVESTMENT OPPORTUNITY 4810 MCKNIGHT RD | PITTSBURGH, PA 15327
TENANT OVERVIEW                                                                        Arby's Restaurant Group, Inc. is the second largest quick-service sandwich
                                                                                       chain in the U.S. with more than 3,400 restaurants in 7 countries. Roark Capital
                                                                                       Group acquired the company in July 2011 and owns 81.5% of the company,
                                                                                       with The Wendy's Company owning the other 18.5%. In addition to its classic
                                                                                       Roast Beef and Beef 'n Cheddar sandwiches, Arby's products also include deli-
                                                                                       style Market Fresh line of sandwiches, Curly Fries and Jamocha Shakes.

                                                                                       There are international locations in four countries outside of the United States:
                                                                                       Canada, Turkey, United Arab Emirates and Qatar.

                                                                                       Arby's was founded in Boardman, Ohio, in July 23, 1964 by Forrest (1922–
                                                                                       2008) and Leroy Raffel (1926), owners of a restaurant equipment business who
                                                                                       believed there was a market opportunity for a fast food franchise based on a
                                                                                       food other than hamburgers. The brothers wanted to call their restaurants "Big
                                                                                       Tex," but that name was already used by an Akron business. Instead, they
                                                                                       chose the name "Arby's," based on R. B., the initials of Raffel Brothers. The
                                                                                       Raffel brothers opened the first new restaurant in Boardman, Ohio, just outside
                                                                                       of Youngstown, on July 23, 1964. They initially served only roast beef
                                                                                       sandwiches, potato chips and soft drinks.

                                                                                       The Arby's brand purpose is Inspiring Smiles Through Delicious Experiences®.
                                                                                       Arby's delivers on its purpose by celebrating the art of Meatcraft™ with a
                                                                                       variety of high-quality proteins and innovative, crave-able sides, such as Curly
                                                                                       Fries and Jamocha shakes. Arby's Fast Crafted® restaurant services feature an
                                                                                       unique blend of quick-serve speed combined with the quality and made-for-
                                                                                       you care of fast casual.
                                                           Actual Property Image

                  COMPANY TYPE   HEADQUARTERS    # OF LOCATIONS                    MARKET CAP                      FOUNDED                          WEBSITE
 10                  Private       Atlanta, GA        3,400+                       $2.34 Billion                     1964                           arbys.com
LEASE ABSTRACT
                 LEASE SUMMARY
                 TENANT                                              Arby’s

                                                A Building of Approximately
                 PREMISES
                                                                   3,132 SF

                 LEASE COMMENCEMENT                      December 1, 2016

                 LEASE EXPIRATION                       November 30, 2031

                 LEASE TERM REMAINING                            ~14 Years

                 RENEWAL OPTIONS                                 2 x 5 Years

                 RENT INCREASES           7.5% Every 5 Years and At Options

                 LEASE TYPE                      Absolute Triple Net (NNN)

                 USE                                                   QSR

                 PROPERTY TAXES                      Tenant’s Responsibility

                 INSURANCE                           Tenant’s Responsibility

                 COMMON AREA                         Tenant’s Responsibility

                 ROOF & STRUCTURE                    Tenant’s Responsibility

                 REPAIRS & MAINTENANCE               Tenant’s Responsibility

                 HVAC                                Tenant’s Responsibility

                 UTILITIES                           Tenant’s Responsibility

                 RIGHT OF FIRST REFUSAL                                 Yes
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12                                                                             Actual Property Image
RENT ROLL

               TENANT          SQUARE     % OF   MONTHLY     RENT /             INCREASE                  LEASE        LEASE
                                                                                                                                  OPTIONS
                NAME          FOOTAGE    TOTAL   BASE RENT     SF                 DATES                   BEGIN         END

                Arby’s        3,132 SF   100%     $8,500     $2.71    7.5% Every 5 Years & At Options   12/01/2016   11/30/2031   2 x 5 Years

            Lamar Billboard      -         -       $400        -                     -                  03/01/2017   02/28/2027        -

                TOTAL         3,063 SF   100%     $8,900     $2.71
12
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CONFIDENTIALLY AGREEMENT

                           The information contained in the following Offering Memorandum is proprietary and strictly confidential. It is intended to be reviewed
                           only by the party receiving it from Sands Investment Group and should not be made available to any other person or entity without the
                           written consent of Sands Investment Group.

                           This Offering Memorandum has been prepared to provide summary, unverified information to prospective purchasers, and to establish
                           only a preliminary level of interest in the subject property.

                           The information contained herein is not a substitute for a thorough due diligence investigation, and makes no warranty or representation,
                           with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and
                           square footage of the property and improvements, the presence or absence of contaminating substances, PCB’s or asbestos, the
                           compliance with State and Federal regulations, the physical condition of the improvements thereon, or the financial condition or business
                           prospects of any tenant, or any tenant’s plans or intentions to continue its occupancy of the subject property.

                           The information contained in this Offering Memorandum has been obtained from sources we believe to be reliable; however, Sands
                           Investment Group has not verified, and will not verify, any of the information contained herein, nor has Sands Investment Group conducted
                           any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness
                           of the information provided. All potential buyers must take appropriate measures to verify all of the information set forth herein.

                           By receipt of this Memorandum, you agree that this Memorandum and its contents
                           are of confidential nature, that you will hold and treat it in the strictest confidence and
                           that you will not disclose its contents in any manner detrimental to the interest of the
                           Owner. You also agree that by accepting this Memorandum you agree to release
                           Sands Investment Group and hold it harmless from any kind of claim, cost, expense,
                           or liability arising out of your investigation and/or purchase of this property.

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Exclusively Marketed By:

                     John Cigliano
                    Lic. # 01944544

              310.853.1353 | DIRECT
                john@SIGnnn.com

                   Jennifer D. Stein
                   Lic. # RM422728

              213.446.5366 | DIRECT
                jstein@SIGnnn.com

         Sands Investment Group
      2701 Ocean Park Blvd, Suite 140
         Santa Monica, CA 90405
             844.4.SIG.NNN

                   www.SIGnnn.com

In Cooperation with JDS Real Estate Services, Inc. – Lic # RB068057   Actual Property Image
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