Seapot at Florin Towne Centre 6009 Florin Rd

Investment Highlights

Executive Summary

* Single Tenant, NNN Lease ? 100% leased Seapot Korean BBQ & Hot Pot on a brand new 10-year lease with two, 5-year options to extend ** Seapot is a chain of Asian hot pot and Korean BBQ restaurants modernized with a full bar and nightlife atmosphere and operates in nine locations with more scheduled to open in 2024 * Personal Guarantee ? The Seapot lease benefits from a personal guarantee providing additional stability and commitment to the location by the tenant * Improving Returns ? The NOI is scheduled to increase more than $42,000 (21%) over the anticipated hold period, providing a strong inflation hedge * Regional Draw ? Seapot is situated on a street-front pad within the dominant community center, shadow-anchored by a high-performing Walmart Super Center (NAP), PetSmart (NAP), and AutoZone (NAP), including a synergistic mix of internet resistant ?daily needs? tenants within the heart of Sacramento?the property caters to an expansive, densely populated trade area

• Sale Type    Investment NNN
• Property Type    Retail
• Property Subtype    Restaurant
• Building Size    8,000
• Building Class    B
• Year Built    2012
• Price    3,076,000
• Price Per SF    385
• Cap Rate    6.50
• NOI    199,992
• Tenancy    Single
• Building Height    1 Story
• Building FAR    0.19
• Land Acres    0.98 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.

• Signalized Intersection