OFFERING MEMORANDUM

CAPITAL MARKETS | Net Lease Investment SANDS INVESTMENT GROUP SIG

4408 Elverta Rd. | Antelope, CA

Sands Investment Group

Exclusively Marketed By:

Neal Hamou Lic #01938429

+1 310.774.3749 | DIRECT

neal@SIGnnn.com

Kaveh Ebrahimi Lic #01896322

+1 310.774.3770 | DIRECT

kaveh@SIGnnn.com

SANDS INVESTMENT GROUP

2701 Ocean Park Blvd., Ste160

Santa Monica, CA 90405

+1 310.774.3749

© 2014 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.

Matthew Weiss Lic #01916909

+1 310.774.3752 | DIRECT

matt@SIGnnn.com

Table Of Contents

INVESTMENT SUMMARY

AREA OVERVIEW PROPERTY OVERVIEW TENANT SUMMARY

INVESTMENT

HIGHLIGHTS

CITY OF ANTELOPE PROPERTY

DESCRIPTION

TENANT PROFILE

DEMOGRAPHICS RENT ROLL

LOCATIONS MAPS

TRAFFIC MAPS

RETAIL MAPS

Investment Summary

Offering Price $2,363,000

Capitalization Rate 5.50%

NOI $130,000

Lease Type Absolute NNN

Lease Commencement March 2010

Total Building Area 7,540 SF

Ownership Fee Simple (Land & Building)

Remaining Term 6 Years

Options Four – 5 Year

Rent Increases 10% Every 5 Years

Lease Guarantee AutoZone Inc.

Investment Highlights

ESTABLISHED AUTOZONE IN ANTELOPE CALIFORNIA

•100% leased single-tenant NNN fee simple (land & building)

providing a new investor with a very secure asset (zero landlord

responsibilities)

•Location was built in 2010, and has shown tremendous growth.

•AutoZone does not report sales figures, however the company has

indicated that this location is one of the top performing stores

compared to surrounding stores and those in the Sacramento MSA.

•Lease calls for Four – 5 Year extension options following the initial

lease term with 10% increase at each option period.

•AutoZone is a national credit tenant, publically traded on the NYSE: AZO. AutoZone Inc. posted a 2013 net income of over $1 Billion and

maintains a BBB credit rating by Standard and Poor (the highest

among its competition).

LOW MANAGEMENT HASSLE

•Single tenant, Absolute NNN lease; zero landlord responsibilities.

•Tenant pays taxes, insurance, and CAM charges making this an

ideal property for out of state investors.

•Building was constructed and developed in 2010 making this

one of the newer AutoZone buildings with no near future need

to re-façade.

HIGH IDENTITY LOCATION

•Surrounding synergistic tenant mix creates a point of

destination to this particular trade area and satisfies both

daytime and evening consumer demands. Surrounding tenants

include: Chase Bank, McDonald’s, Orchard Supply Hardware,

24-Hour Fitness, Starbucks, Rite Aid, Jamba Juice and Wing-Stop

to name a few.

•Strategically located along Elverta Rd. near the intersection of

Elverta Rd. and Walerga Rd. adjacent to many other major

retailors.

•Located diagonally across from the Antelope Marketplace

Shopping Center.

•Superior frontage road visibility with over 50,000 cars per day.

•Location is supported by ideal demographics with over 280,000

people in a 5-mile radius and an average household income of

over $70,000.

•Trade area is located 15 miles northeast of Sacramento and

draws significant traffic from the I-80 Interstate.

•5-mile Population is slated to grow by 7% in the next 3 years.

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AREA OVERVIEW

CITY OF Antelope, CA

Antelope is a census-designated place in Sacramento County, California,

United States located approximately 15 miles (24 km) northeast of

downtown Sacramento and 5 miles (8 km) southwest of Roseville. The

population was 45,770 at the 2010 census. Antelope median household

income is $67,425 in 2008-2012. Antelope median house value is $225,000 in

2008-2012. On average, the public school district that covers Antelope is

better than the state average in quality.

Sacramento is the capital city of the U.S. state of California and the seat of

government of Sacramento County. With an estimated 2011 population of

477,892, it is the sixth-largest city in California and the 35th largest city in the

United States. Sacramento is the core cultural and economic center of the

Sacramento metropolitan area which includes seven counties with an

estimated 2009 population of 2,527,123. Its metropolitan area is the fourth

largest in California after the Greater Los Angeles Area, San Francisco Bay

Area, and the San Diego metropolitan area, as well as the 27th largest in the United States.

Sacramento State or Sac State, is the largest university in the city and one

of 23 campuses in the California State University system. Drexel University

Sacramento and the University of the Pacific McGeorge School of Law are

in Sacramento. In addition, the University of California, Davis, is in nearby

Davis, 15 miles (24 km) west of the capital. The UC Davis Medical Center, a

world-renowned research hospital, is located in the city of Sacramento.

Sacramento is home to the Sacramento Kings of the National Basketball

Association.

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Demographics

1-Mile 3-Mile 5-Mile

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2013 Estimated Population 2018 Projected Population 2010 Census Population Annual Growth Rate 2010-2013 Annual Growth Rate 2013-2018 2013 Estimated Median Age

2013 Estimated Households 2018 Projected Households 2010 Census Households Growth 2010-2013 Growth 2013-2018 2013 Estimated Median Age 2013 Est. Average Household Size

2013 Estimated Households • Income $15,000 - $24,999 • Income $25,000 - $34,999 • Income $35,000 - $49,000 • Income $50,000 - $74,999 • Income $75,000 - $99,999 • Income $100,000 - $149,999 • Income $150,000 - $199,999 • Income $200,000+ 2013 Est. Average Household Income 2018 Prj. Average Household Income 2013 Median Household Income 2013 Per Capita Income 2018 Prj. Per Capita Income

28,641 29,969 28,099 1.93% 4.64% 31.0

121,325 127,032 118,774 2.15% 4.70% 32.9

277,799 290,872 271,751 2.26% 4.71% 34.7

9,078 9,447 8,963 1.3% 4.06% 31 3.15

39,467 41,119 38,863 1.55% 4.19% 32.9 3.07

99,909 104,394 98,081 1.86% 4.49% 34.7 2.76

9,078 802 (8.8%) 822 (9.1%) 1,172 (12.9%) 2,015 (22.2%) 1,670 (18.4%) 1,616 (17.8%) 344 (3.8%) 182 (2.0%) $75,828 $85,003 $63,479 $24,127 $26,845

39,467 3,335 (8.5%) 3,561 (9.0%) 6,020 (15.3%) 8,757 (22.2%) 6,227 (15.8%) 6,157 (15.6%) 1,433 (3.6%) 772 (2.0%) $71,486 $79,544 $57,803 $23,386 $25,885

99,909 8,573 (8.6%) 9,919 (9.9%) 15,996 (16%) 20,473 (20.5%) 14,546 (14.6%) 14,382 (14.4%) 4,039 (4.0%) 1,923 (1.9%) $69,231 $77,494 $54,724 $24,994 $27,882

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TRAFFIC MAP

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PROPERTY DESCRIPTION

ADDRESS

4408 Elverta Rd. Ste 220 Antelope, CA 95843

LOCATION

The property is located on the southeast corner of Elvera Rd. and Walerga Road.

PARCEL

Tax assessor’s parcel number: 203-0110-152-0.

BUILDING AREA

The subject property building area is approximately 7,500 square

feet.

ZONING

The site is zoned as commercial (NEC).

VISIBILITY AND FRONTAGE

Excellent visibility due to its direct frontage road visibility on Elverta

Rd., providing superior accessibility for both east and west-bound

traffic. There are also large signs on both the building and facing

Elverta Road.

ACCESS

Access to the AutoZone is easily achieved via one main entrance

on Elverta Rd. just moments off Interstate 80.

YEAR BUILT

Built in only 2010, this AutoZone is fairly new compared to its

counterparts.

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TENANT PROFILE

AutoZone (NYSE: AZO) is the nation's leading retailer and a leading distributor of automotive replacement parts and accessories

with more than 5,000 stores in US, Puerto Rico, Mexico, and Brazil. Each store carries an extensive line for cars, sport utility vehicles,

vans and light trucks, including new and remanufactured hard parts, maintenance items and accessories. Since opening its first

store in Forrest City, AR on July 4, 1979, the company has joined the New York Stock Exchange (NYSE: AZO) and earned a spot in

the Fortune 500.

In addition, the company provides a commercial sales program that provides commercial credit and the delivery of parts and

other products to local, regional, and national repair garages, dealers, service stations, and public sector accounts. Further, it sells

automotive diagnostic and repair software under the ALLDATA brand name through the alldata.com; and automotive hard

parts, maintenance items, accessories, and non-automotive products through autozone.com. As of November 23, 2013, the

company operated 5,210 stores, including 4,843 stores in the United States, including Puerto Rico; 363 in Mexico; and 4 in Brazil.

COMPANY PROFILE

Company: AutoZone

Company Headquarters: Memphis, TN

Founded: 1979

Publically Traded: NYSE: AZO

Locations (2013): 5,000+

Subscribers: 103.3 Million

Website: www.autozone.com

Financial Highlights

Fiscal 2014 Revenue: $9.5 Billion

Market Capitalization: $16.42 Billion

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RENT ROLL

Lease Term Rental Rates

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Tenant Square

Feet

% of

Property Begin End Begin Monthly PSF Annually PSF Recovery Type

AutoZone 7,450 100.00% Mar-2010 Mar-2020 Current $10,833.33 $1.45 $130,000 $17.45 NNN

Yrs 11-15 $11,917.00 $1.60 $143,004 $19.20

Yrs 16-20 $13,108.00 $1.76 $157,296 $21.11 Tenant has four(4) – five (5) year options:

Yrs 21-25 $14,419.00 $1.94 $173,028 $23.23

Yrs 26-30 $15,861.00 $2.13 $190,332 $25.55

TOTALS / AVERAGES 7,450

OCCUPIED SF 7,450 100.00%

VACANT SF 0 0.00%

TOTAL SF 7,450 100.00%

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.

The Owner / Seller of the property reserved the right, at its sole discretion, to reject any or all offers or expressions of interest, in any way or form they are submitted to purchase the property from potential buyers. The Owner / Seller shall have no obligations whatsoever nor any legal commitment or obligation to any potential buyer(s) and / or entity reviewing this offering memorandum for potential purchase unless and until written agreement(s) for the purchase of the property have been fully executed and approved by Owner / Seller .

This Offering Memorandum is the property of Sands Investment Group. All Property Photographs and Property Aerial Photographs are not to be used without the written authorization from Sands Investment Group. By receipt of this Offering Memorandum, you agree that you will not use this Offering Memorandum nor any of the contents contained herein without first the written authorization from both Sands Investment Group and the Owner in any manner detrimental to the interest of the Owner or Sands Investment Group. All information contained herein is to remain strictly confidential, and should

upon review of this Offering Memorandum should you choose to not have further interest in purchasing the property, kindly return this offering memorandum to Sands investment Group along with any and all other additional material about the property that may have been sent.

© 2014 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.

SANDS INVESTMENT GROUP SIG

SANDS INVESTMENT GROUP

2701 Ocean Park Blvd., Ste160

Santa Monica, CA 90405

SIGnnn.com

Neal Hamou Lic #01938429

+1 310 .774. 3749 | DIRECT

neal@SIGnnn.com

Kaveh Ebrahimi Lic #01896322

+1 310. 774. 3770 | DIRECT

kaveh@SIGnnn.com

Exclusively Marketed by

Matthew Weiss Lic #01916909

+1 310. 774. 3752 | DIRECT

matt@SIGnnn.com