SVN | RICH INVESTMENT REAL ESTATE PARTNERS | 10940 WILSHIRE BLVD., SUITE 1600, LOS ANGELES, CA 90024 OFFERING MEMORANDUM

JIFFY LUBE -HESPERIA,CALIFORNIA16701 MAIN ST.HESPERIA, CA 92345

Vinny Jacobellis BRE # 02073038Associate818.227.8000vinny.jacobellis@svn.comCalDRE #02073038

Jeff Albee, CCIM, BRE#00969071Executive Vice President818.227.8000jeff.albee@svn.comCalDRE #00969071

Tilden Moschetti, CCIM BRE#01933142Vice President818.227.8000tilden.moschetti@svn.comCalDRE #01933142

PROPERTY INFORMATION 3Property SummaryAdditional PhotosTenant Summary - Jiffy Lube

LOCATION INFORMATION 7Regional MapRetailer MapDemographics Map

FINANCIAL ANALYSIS 11Rent RollFinancial SummaryDisclaimerBack Page

OFFERING MEMORANDUMJIFFY LUBE - HESPERIA, CALIFORNIA | 16701 MAIN ST., HESPERIA, CA 92345

1 PROPERTYINFORMATION16701 Main St.Hesperia, CA 92345

JIFFY LUBE - HESPERIA, CALIFORNIA | 16701 MAIN ST. HESPERIA, CA 92345 SVN | Rich Investment Real Estate Partners | Page 3

OFFERING SUMMARY

Sale Price: $1,152,000

Cap Rate: 6.25%

Sale Type: Sale-Leaseback

Term: 12 Years + Options

NOI: $72,000

Lot Size: 14,322 SF

Building Size: 2,460 SF

SVN Rich Investment Real Estate Partners is proud to present 16701 Main St in Hesperia, California. This property is a salelease back opportunity which includes a 2,460 square foot single tenant Jiffy Lube with two service bays. The property willhave a 12 year lease with five, five year options with 10% increases every five years on lease term and options. The leaseis corporately guaranteed by Najjar Lube Centers Inc, a Jiffy Lube Franchisee which operates over 33 locations.

PROPERTY OVERVIEW

PROPERTY HIGHLIGHTS

• Store to receive over $40k in equipment and signage upgrades and additions to allow for brakes, repair and tire salesand installation

• Many developments coming to the area including a 200 unit duplex development just minutes down the road

• Excellent frontage and visibility, great demographics for use

• Strong franchisee with over 33 locations and excellent store sales

• Internet proof

Property Summary

JIFFY LUBE - HESPERIA, CALIFORNIA | 16701 MAIN ST. HESPERIA, CA 92345 SVN | Rich Investment Real Estate Partners | Page 4The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.

JIFFY LUBE - HESPERIA, CALIFORNIA | 16701 MAIN ST. HESPERIA, CA 92345 SVN | Rich Investment Real Estate Partners | Page 5The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.

Additional Photos

JIFFY LUBE - HESPERIA, CALIFORNIA | 16701 MAIN ST. HESPERIA, CA 92345 SVN | Rich Investment Real Estate Partners | Page 6The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.

Najjar Lube Centers Inc, a Jiffy Lube Franchisee has been in business for over 20 years. The company started with just one location and has grown its business to 33 locationsin California with over $25 million annually in sales.

ABOUT NAJJAR LUBE CENTERS, INC.

Jiffy Lube is a chain of over 2,200 businesses in North America offering oil changes and other automotive services. The company is based in Houston, Texas and is asubsidiary of Shell Oil. Jiffy Lube consists of more than 2,000 franchised service centers throughout North America and Canada, serving approximately 24 million customerseach year. Jiffy Lube service centers are 100% franchise-owned, independently owned and operated by 252 franchisees.

The first Jiffy Lube store was established in Ogden, Utah by Edwin Washburn as early as 1971. Over the following years, Washburn franchised a number of Jiffy Lube centerswithin Utah. In 1979, James Hindman bought out all the franchises and established Jiffy Lube International, relocating to Baltimore, Maryland. It is this year which Jiffy Lubestates as its founding date. Jiffy Lube went public in 1987 and had opened 1,020 franchises and company stores by 1989.

Jiffy Lube went public in 1987 and opened 1,020 franchises and company stores by 1989. In 1991, Jiffy Lube became a subsidiary of Pennzoil. Following the merger ofPennzoil and Quaker State in 1998, 581 Q Lube stores were merged into the Jiffy Lube brand. Pennzoil-Quaker State was ultimately purchased by Shell Oil in 2002 to formShell Oil Products US.

ABOUT JIFFY LUBE

Tenant Summary - Jiffy Lube

2 LOCATIONINFORMATION16701 Main St.Hesperia, CA 92345

JIFFY LUBE - HESPERIA, CALIFORNIA | 16701 MAIN ST. HESPERIA, CA 92345 SVN | Rich Investment Real Estate Partners | Page 7

JIFFY LUBE - HESPERIA, CALIFORNIA | 16701 MAIN ST. HESPERIA, CA 92345 SVN | Rich Investment Real Estate Partners | Page 8The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.

Jiffy Lube - Hesperia,California

Regional Map

JIFFY LUBE - HESPERIA, CALIFORNIA | 16701 MAIN ST. HESPERIA, CA 92345 SVN | Rich Investment Real Estate Partners | Page 9The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.

Retailer Map

JIFFY LUBE - HESPERIA, CALIFORNIA | 16701 MAIN ST. HESPERIA, CA 92345 SVN | Rich Investment Real Estate Partners | Page 10The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.

POPULATION 1 MILE 3 MILES 5 MILES

Total population 6,711 50,631 114,056

Median age 27.1 29.3 31.0

Median age (Male) 26.5 28.9 30.2

Median age (Female) 28.0 30.3 31.8

HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES

Total households 1,975 14,661 34,113

# of persons per HH 3.4 3.5 3.3

Average HH income $47,183 $55,542 $58,796

Average house value $271,365 $283,744 $267,878

* Demographic data derived from 2010 US Census

Demographics Map

3 FINANCIALANALYSIS16701 Main St.Hesperia, CA 92345

JIFFY LUBE - HESPERIA, CALIFORNIA | 16701 MAIN ST. HESPERIA, CA 92345 SVN | Rich Investment Real Estate Partners | Page 11

JIFFY LUBE - HESPERIA, CALIFORNIA | 16701 MAIN ST. HESPERIA, CA 92345 SVN | Rich Investment Real Estate Partners | Page 12The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.

TENANTNAME

UNITSIZE (SF)

LEASESTART

LEASEEND

PRICEPER SF/YR

ANNUALRENT

ESCALATIONS(ANNUAL RENT) OPTIONS

Najjar Lube Centers 2,460 Close of Escrow 12 Years $29.27 $72,000 Year 6 - $79,200 Five 5-Yr Options

Option 1 - $87,120 to Renew with 10%

Option 2 - $95,832 Increases per Option

Option 3 - $105,415 Period.

Option 4 - $115,957

Option 5 - $127,552

Totals/Averages 2,460 $29.27

Rent Roll

JIFFY LUBE - HESPERIA, CALIFORNIA | 16701 MAIN ST. HESPERIA, CA 92345 SVN | Rich Investment Real Estate Partners | Page 13The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.

INVESTMENT OVERVIEW

Price $1,152,000CAP Rate 6.25%Cash-on-Cash Return (yr 1) 5.34 %Total Return (yr 1) $29,543Debt Coverage Ratio 1.33

OPERATING DATA

Gross Scheduled Income $72,000Total Scheduled Income $72,000Gross Income $72,000Operating Expenses $0Net Operating Income $72,000Pre-Tax Cash Flow $18,066

FINANCING DATA

Down Payment $338,086Loan Amount $813,914Debt Service $53,934Debt Service Monthly $4,494Principal Reduction (yr 1) $11,477

Financial Summary

JIFFY LUBE - HESPERIA, CALIFORNIA | 16701 MAIN ST. HESPERIA, CA 92345 SVN | Rich Investment Real Estate Partners | Page 14The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.

Disclaimer

The material contained in this Offering Brochure is furnished solely for the purpose of considering the purchase of the property within and is not to be usedfor any other purpose. This information should not, under any circumstances, be photocopied or disclosed to any third party without the written consent ofthe SVN® Advisor or Property Owner, or used for any purpose whatsoever other than to evaluate the possible purchase of the Property.

The only party authorized to represent the Owner in connection with the sale of the Property is the SVN Advisor listed in this proposal, and no other person isauthorized by the Owner to provide any information or to make any representations other than contained in this Offering Brochure. If the person receivingthese materials does not choose to pursue a purchase of the Property, this Offering Brochure must be returned to the SVN Advisor.

Neither the SVN Advisor nor the Owner make any representation or warranty, express or implied, as to the accuracy or completeness of the informationcontained herein, and nothing contained herein is or shall be relied upon as a promise or representation as to the future representation of the Property. ThisOffering Brochure may include certain statements and estimates with respect to the Property. These Assumptions may or may not be proven to be correct,and there can be no assurance that such estimates will be achieved. Further, the SVN Advisor and the Owner disclaim any and all liability for representationsor warranties, expressed or implied, contained in or omitted from this Offering Brochure, or any other written or oral communication transmitted or madeavailable to the recipient. The recipient shall be entitled to rely solely on those representations and warranties that may be made to it in any final, fullyexecuted and delivered Real Estate Purchase Agreement between it and Owner.

The information contained herein is subject to change without notice and the recipient of these materials shall not look to Owner or the SVN Advisor nor anyof their officers, employees, representatives, independent contractors or affiliates, for the accuracy or completeness thereof. Recipients of this OfferingBrochure are advised and encouraged to conduct their own comprehensive review and analysis of the Property.

This Offering Brochure is a solicitation of interest only and is not an offer to sell the Property. The Owner expressly reserves the right, at its sole discretion, toreject any or all expressions of interest to purchase the Property and expressly reserves the right, at its sole discretion, to terminate negotiations with anyentity, for any reason, at any time with or without notice. The Owner shall have no legal commitment or obligation to any entity reviewing the OfferingBrochure or making an offer to purchase the Property unless and until the Owner executes and delivers a signed Real Estate Purchase Agreement on termsacceptable to Owner, in Owner’s sole discretion. By submitting an offer, a prospective purchaser will be deemed to have acknowledged the foregoing andagreed to release the Owner and the SVN Advisor from any liability with respect thereto.

To the extent Owner or any agent of Owner corresponds with any prospective purchaser, any prospective purchaser should not rely on any suchcorrespondence or statements as binding Owner. Only a fully executed Real Estate Purchase Agreement shall bind the property and each prospectivepurchaser proceeds at its own risk.

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