New STNL Sprouts | Strong Avg Store Sales 3535 Panama Ln

Investment Highlights

5.25% cap rate | Sprouts operates 380 locations (NASDAQ: SFM) Growing health food industry | Forecasted 9% annual growth in health food industry Tenants within Bakersfield Crossing SC include Walgreens, Autozone, Wells Fargo, Carl's Jr., Body Xchange (15K SF Health Club) Part of Grocery | Drug | Fitness Anchored Center with Walgreens Bakersfield is 9th largest city in CA and experiencing strong population growth | Forecasted 15% growth in next 5 years Prime retail trade area | Retailers w/i immediate trade area include Walmart, Costco, Lowes, Albertsons

Executive Summary

Contact Listing Agent for Complete Offering Memorandum. Store grand opening was March 1st. SUBMIT OFFERSStrong Avg Store Sales for Sprouts are Approximately $700/SF/YRSTNL Sprouts Supermarket: (NASDAQ: SFM). 2022 Revenue: $6.4 Billion.5.25% cap rate on recent price reduction.380+ Locations and Leader in Health Food Grocery IndustryNew 15 Year NNN Lease10% rent increases every 5 years.High Growth Trade Area / 15% forecasted population growth in the next 5 years.Part of and Major Anchor to Bakersfield Crossings - A Grocery | Drug | Fitness Anchored CenterHard Corner Location / Coveted Panama Lane location adjacent to HWY 99. / 41,000 VPD at IntersectionAffluent Trade Area / Over $94,000 Avg Annual Household Income within 1-mile | Strong Spending PowerNew 2023/2024 ConstructionEase of Management

• Sale Type    Investment NNN
• Property Type    Retail
• Property Subtype    Supermarket Supermarket General Retail Drugstore General Retail Fast Food General Retail Freestanding Supermarket
• Building Size    23,313
• Building Class    A
• LoopNet Rating    4 Star
• Year Built    2023
• Price    14,655,000
• Price Per SF    629
• Cap Rate    5.25
• NOI    769,329
• Tenancy    Single
• Building Height    1 Story
• Building FAR    0.26
• Land Acres    2.09 AC