Shari's Cafe & Pies 121 Warbonnet Dr

Investment Highlights

Prime Location ? Strategically positioned adjacent to a Walmart Supercenter, driving traffic in the area and increasing exposure to the site. Passive Lease Structure ? This is an absolute NNN lease, offering a hands-off investment opportunity that minimizes landlord responsibilities. Well Established Retail Corridor ? Surrounded by a plethora of national credit tenants such as Walmart, Applebee?s, Target, Starbucks, Marshalls Strong Brand Presence ? Shari?s operates 80+ locations primarily in the Pacific Northwest. The company produces over $160 million in annual revenue Recent Lease Amendment ? In the month of February, the tenant signed a 10-year lease amendment demonstrating further commitment to the site. High Visibility ? The site is located off Pullman Road, seeing over 24,000 vehicles per day allowing for east access to the facility

Executive Summary

Broker of RecordKyle MatthewsLicense No. CO56879 (ID)(866) 889-0550Matthews Real Estate Investment Services, Inc1600 West End,Ste. 1500 Nashville, TN 37203

• Sale Type    Investment or Owner User
• Property Type    Retail
• Property Subtype    Restaurant
• Building Size    4,950
• Building Class    C
• Year Built    2008
• Price    1,664,000
• Price Per SF    336
• Cap Rate    7.50
• NOI    124,800
• Tenancy    Single
• Building Height    1 Story
• Building FAR    0.12
• Land Acres    0.94 AC
• Opportunity Zone    Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.