NIKKO’S BURGERS INCLUDING BUSINESS

Highland, CA 92346

OFFERING MEMORANDUM

26468 East Baseline Street

The information contained in the following Marketing Brochure is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from Marcus & Millichap and should not be made available to any other person or entity without the written consent of Marcus & Millichap. This Marketing Brochure 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. Marcus & Millichap has not made any 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 asbes-tos, 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 Marketing Brochure has been obtained from sources we believe to be reliable; however, Marcus & Millichap has not verified, and will not verify, any of the information contained herein, nor has Marcus & Millichap conducted any in-vestigation regarding these matters and makes no warranty or representation whatso-ever 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.

Marcus & Millichap is not affiliated with, sponsored by, or endorsed by any commercial tenant or lessee identified in this marketing package. The presence of any corporation’s logo or name is not intended to indicate or imply affiliation with, or sponsorship or endorse-ment by, said corporation of Marcus & Millichap, its affiliates or subsidiaries, or any agent, product, service, or commercial listing of Marcus & Millichap, and is solely included for the purpose of providing tenant lessee information about this listing to prospective customers.

CONFIDENTIALITY AND DISCLAINMER

NON-ENDORSEMENT NOTICE

EXCUSIVELY LISTED BY

James YangNational Retail Group CA BRE License #01932163 213.943.1863 direct 213.943.1800 main james.yang@marcusmillichap.com

Marcus & Millichap 515 S. Flower Street Suite 500 Los Angeles, CA 91106 213.943.1800 213.943.1810 fax marcusmillichap.com

Activity ID: Z0140264

All property showings are by appointment only. Please consult your Marcus & Millichap agent for more details.

Table of Contents 1. Executive Summary 2. Financial Analysis 3. Retail Map 4. Demographics

INVSTMENT HIGHLIGHTS

» Excellent Opportunity for an Owner-User to Purchase a Free Standing Nikko’s Burgers Property with Business

» Very Busy Nikko’s Burgers has been Operating at this Location for 11 Years

» Nikko’s Burgers is a Popular Location within the Community » Nikko’s Burgers not only Offers Hamburgers but Varieties of

Other Menus » Currently Operated by a Manager » Available SBA Financing with 25 Percent Down » Contact the Listing Agent for Store Financials

Executive Summary

Marcus & Millichap is pleased to present the exclusive business and real estate listing for Nikko’s Burgers located in Highland, California. The Subject property is a free standing building consisting of 1,664 square feet and situated on a 0.28-acre lot.

This is an excellent opportunity for an owner-user to own a very successful Nikko’s Burgers business with real estate. Nikko’s Burgers has been operating at this location for 11 years and is very popular within the community not only for serving hamburgers but other varieties of menus.

Currently, the business is being operated by a manager. SBA financing available with a low-down payment. Please contact the listing agent for store financials and SBA financing.

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This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. © 2017 Marcus & Millichap. Activity ID: Z0140264

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Financial Analysis

Property Address: 26468 Baseline Street Highland, CA 92346Building Size: 1,664 SF APN: 1191-231-34 Lot Size: +/- 0.28 Acres Zoning: CommercialProperty Type: RetailOwnership: Fee Simple Year Built: 1963Current Occupancy: 100%

PRICE: $850,000PRICE/SF: $510.81

SITE DESCRIPTION

This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. © 2017 Marcus & Millichap. Activity ID: Z0140264

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*Please contact the listing agent for financials.

San Gorgonio High School

Warm SpringsElementary School Lankershim Elementary School

Cole Elementary School

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Retail MapThree

26468 Baseline Street

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Parcel Map

© 2012-2017 Digital Map Products. All rights reserved. 1

170 feet

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26468 Baseline Street

Local Map

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Regional Map

26468 Baseline Street

DemographicsFour

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1 Mile 3 Miles 5 Miles

Total Average Household Retail Expenditure $49,105 $58,521 $60,897

Consumer Expenditure Housing $15,399 $17,793 $18,317

Consumer Expenditure Transportation $10,434 $11,811 $12,194

Consumer Expenditure Shelter $7,566 $9,137 $9,353

Consumer Expenditure Food $5,349 $6,177 $6,365

Consumer Expenditure Insurance and Pensions $3,642 $5,020 $5,282

Consumer Expenditure Utilities $2,491 $2,885 $2,925

Consumer Expenditure Health Care $2,400 $3,160 $3,180

Consumer Expenditure Entertainment $1,754 $2,207 $2,286

Consumer Expenditure Cash Contributions $1,524 $1,990 $2,102

Consumer Expenditure Apparel $1,046 $1,307 $1,349

2017 Estimate Total Population 24,689 107,717 235,212

Under 20 35.64% 32.73% 32.43%

20 to 34 Years 25.18% 23.42% 23.62%

35 to 39 Years 6.19% 6.12% 6.37%

40 to 49 Years 11.22% 11.83% 12.16%

50 to 64 Years 13.62% 15.66% 15.69%

Age 65+ 8.13% 10.23% 9.73%

Median Age 27.94 30.58 30.75

2016 Estimate Population Age 25+ 13,666 63,565 139,576

Elementary (0-8) 12.88% 10.70% 10.14%

Some High School (9-11) 20.08% 16.89% 16.38%

High School Graduate (12) 28.86% 27.87% 26.38%

Some College (13-15) 21.93% 23.51% 22.17%

Associate Degree Only 6.15% 6.37% 6.83%

Bachelors Degree Only 4.43% 7.33% 9.42%

Graduate Degree 2.18% 3.85% 5.33%

1 Mile 3 Miles 5 Miles

2022 Projection Population 24,035 105,623 234,822

2017 Estimate Total Population 24,689 107,717 235,212

2010 Census Total Population 23,269 102,261 223,235

2000 Census Total Population 21,365 92,747 198,487

Current Daytime Population 2017 Estimate 17,645 87,294 233,518

2022 ProjectionTotal Households 6,824 30,732 70,451

2017 Estimate Total Households 6,823 30,477 68,847

2017 Estimate Average (Mean) Household Size 3.52 3.33 3.27

2010 Census Total Households 6,485 29,061 65,535

2000 Census Total Households 6,383 28,251 62,028

2022 Occupied Units Projection 6,824 30,732 70,451

2017 Occupied Units Estimate 7,192 32,011 72,682

$150,000 or More 2.38% 4.40% 5.12%

$100,000 - $149,000 5.50% 9.89% 9.75%

$75,000 - $99,999 6.76% 9.06% 9.90%

$50,000 - $74,999 14.62% 16.66% 16.61%

$35,000 - $49,999 17.84% 14.62% 14.32%

Under $35,000 52.89% 45.38% 44.29%

Average Household Income $44,845 $55,589 $57,884

Median Household Income $32,037 $39,242 $40,584

Per Capita Income $12,480 $16,207 $17,421

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SUMMARY - 5 MILE RADIUS

INCOME

RACE AND ETHNICITY HOUSING EMPLOYMENT

POPULATION HOUSEHOLDSIn 2017, the population in your selected geography is 24,689. The population has changed by 15.56% since 2000. It is estimated that the population in your area will be 24,035.00 five years from now, which rep-resents a change of -2.65% from the current year. The current population is 48.45% male and 51.55% female. The median age of the population in your area is 27.94, compare this to the US average which is 37.83. The population density in your area is 7,857.44 people per square mile.

There are currently 6,823 households in your selected geography. The number of households has changed by 6.89% since 2000. It is estimated that the num-ber of households in your area will be 6,824 five years from now, which represents a change of 0.01% from the current year. The average household size in your area is 3.52 persons.

In 2017, the median household income for your selected geography is $32,037, compare this to the US average which is currently $56,286. The median household income for your area has changed by 17.56% since 2000. It is estimated that the median household income in your area will be $35,758 five years from now, which rep-resents a change of 11.61% from the current year. The current year per capita income in your area is $12,480, compare this to the US average, which is $30,982. The current year average household income in your area is $44,845, compare this to the US aver-age which is $81,217.

The current year racial makeup of your select-ed area is as follows: 38.51% White, 16.01% Black, 0.33% Native American and 5.82% Asian/Pacific Is-lander. Compare these to US averages which are: 70.42% White, 12.85% Black, 0.19% Native American and 5.53% Asian/Pacific Islander. People of His-panic origin are counted independently of race. People of Hispanic origin make up 62.92% of the cur-rent year population in your selected area. Compare this to the US average of 17.88%.

The median housing value in your area was $158,819 in 2017, compare this to the US average of $193,953. In 2000, there were 3,029 owner occupied housing units in your area and there were 3,354 renter occu-pied housing units in your area. The median rent at the time was $478.

In 2017, there are 2,380 employees in your selected area, this is also known as the daytime population. The 2000 Census revealed that 42.46% of employ-ees are employed in white-collar occupations in this geography, and 57.64% are employed in blue-collar occupations. In 2017, unemployment in this area is 10.17%. In 2000, the average time traveled to work was 28.00 minutes.

EXCUSIVELY LISTED BY

James YangNational Retail Group CA BRE License #01932163 213.943.1863 direct 213.943.1800 main james.yang@marcusmillichap.com

Marcus & Millichap 515 S. Flower Street Suite 500 Los Angeles, CA 91106 213.943.1800 213.943.1810 fax marcusmillichap.com

Activity ID: Z0140264

26468 East Baseline Street Highland, CA 92346

Nikko’s Burgers