Tenants In Common Investment Opportunity6.94% Cash on Cash Return

FOR SALE NNN Leased Investment

Purchase Price: $2,800,000Equity being raised: $1,000,000 ($650,000 Committed only $350,000 Available)Debt: $1,800,000Cash on Cash: 6.94%

Brandi M. HoBrandi@MAJCRE.com 360.823.5112

Blake FederinkoBlake@MAJCRE.com 360.823.5111

Listing Brokers:Michael A. JenkinsMike@MAJCRE.com 360.823.5102

While the information provided is not guaranteed it has been obtained from sources we deem reliable. It is provided without any representations, warranty or guarantee, expressed or implied as to its accuracy. Prospective buyer or tenant should conduct an independent investigation and verification of all matters deemed to be material, including, but not limited to, statements of income and expenses. Consult your attorney,

accountant, or other Professional advisor.

THIS OFFERING PRESENTS the opportunity to acquire a multi-tenant leased investment located in Vancouver, WA. The property is leased to WellHaven Pet Health, and Verizon Wireless. It is ideally located at the intersection of 164th Ave and Mill Plain, which is considered one of the busiest intersections in all of Vancouver with over 53,000 VPD. Some of the surrounding retailers include Target, Regal Cinema, Whole Foods, Fred Meyer, Bed Bath and Beyond, Olive Garden and much more.

Page 2

INVESTMENT OVERVIEW

Price | $2,800,000Equity Required | $1,000,000Debt | $1,800,000 Cash on Cash | 6.94%

Building Size6,550 SqFt

Lot Size24,394+/- SqFt

Year Built2016

Parking22 with Reciprocal Parking

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Lease TypeNNN

New 10-Year NNN Lease

Hard Corner Lot Adjacent to 7-Eleven and Starbucks

Estimated June Rent Commencement

One of the busiest intersections in the City of Vancouver (53,000 VPD)

Within 1 Mile of Columbia Crossing Shopping Center

Surrounding Businesses include Target, Regal Cinemas, Whole Foods, Fred Meyer, Bed Bath & Beyond, Olive

Garden, and more.

INVESTMENT OVERVIEW

FINANCIAL SUMMARY

Sale Price $2,800,000.00

$182,110.00

WELLHAVEN (5,500 SQFT)VERIZON CELL TOWER - ROOF MOUNTVACANT SPACE*-$25.00/SF (1,050 SQFT)

$137,500.00$18,360.00$26,250.00

Scheduled income

net oPerating income $182,110.00

TENANTTENANTTENANTTENANT

$0.00

CAMSPROPERTY TAXESINSURANCEMANAGEMENT* *WellHaven PetHealth pays Mgmt Fee of 5% Base RentTOTAL EXPENSES

LESS OPERATING EXPENSES

groSS income

*Seller to escrow at closing 1-Year of rent at $25.00 PSF or $26,250.00. Seller will also allocate funds at closing for a TI allowance of $50.00 PSF for the 1,050 SF Vacant Space or $52,500.00 and leasing commissions based on a 5% Fee for a 5-Year Lease at $25.00 PSF or $6,563.00.

RENT ROLL

VERIZON

Term Date Monthly Rent PSFAnnual

Rent Years

VACANT1,050 SQFT

WELLHAVENPETHEALTH

5,500 SQFT

07/12/2018

OPTION 1OPTION 2

04/01/201704/01/201804/01/201904/01/202004/01/2021

OPTIONS 1-4

$11,458.33$12,604.17

$13,864.58$15,248.75

$1,500.00$1,530.00$1,560.00$1,591.00$1,622.00

$2,187.50

$137,500.00$151,250.80

$166,375.00$182,985.00

$18,000.00$18,360.00$18,720.00$19,092.00$19,464.00

$26,250.00

$25.00$27.50

$30.25$33.27

$25.00

1-56-10

11-1516-20

12345

6-252% ANNUAL INCREASES

Seller to Escrow 1-Year of Rent and will Allocate Funds for Leasing Commissions & Tenant Improvements

INVESTMENT SUMMARY

Page 8

Purchase Price: $2,800,000Down Payment: $1,000,000Net Operating Income: $182,110Debt Service*: $112,676Loan-to-Value: 64.30%Cash Flow: $69,434Cash on Cash Return: 6.94%Accounting RoR: 10.00%Minimum Investment: $100,000Maximum Investment: $350,000

*Loan secured by Darryl Horowitz of National Investment Finance Corporation. Loan terms shall be as follows:

Loan Amount: $1,800,000Interest Rate: 4.75%Amortization: 30-YearsFixed Rate: 5-YearsLoan Payment: $112,676

PROPERTY PHOTOS

TENANT: WellHaven PetHealthGUARANTOR: WellHaven PetHealth, LLC SQFT OCCUPIED: 5,500+/- SqFtTERM: 10-Year Primary TermINCREASES: 10% Increases Every 5 YearsEXTENDED TERMS: Two, 5-Year OptionsLEASE TYPE: NNN

LEASE SUMMARY

WellHaven Pet Health will offer pet health services in their Veterinarian Clinic as well as a doggie daycare at their new 5,500 square foot location.

WellHaven Pet Health helps veterinarians and their teams succeed both personally and professionally.

They value their owner veterinarians and encourage them to stay. WellHaven’s focus on personal growth, practice support and life balance provides the framing of the relationship they want to have with their doctor leaders. WellHaven provides leader doctors an opportunity to share in the rewards of practice ownership without the risks associated. They are committed as servant leaders to ensure the success of their doctors, hospital teams, and profession.

Headquarters: Vancouver, WAYear Founded: 2017Company Type: Privately HeldWebsite: www.wellhavenpethealth.com

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LEASE SUMMARY

TENANT: Verizon WirelessGUARANTOR: Verizon Wireless, LLC SQFT OCCUPIED: Mechanical Room - Roof TopTERM: 5-Year Primary TermINCREASES: 2% Annual Increases EXTENDED TERMS: Four, 5-Year OptionsLEASE TYPE: NNN

Verizon Wireless is an American telecommunications company which offers wireless products and services. With 149 million subscribers as of October 2017, Verizon Wireless is the largest wireless telecommunications provider in the United States. The company operates a National 4G LTE network covering about 98 percent of

the U.S. population, which in December 2015 won or tied for top honors in each category of the RootMetrics RootScore Reports. Verizon Wireless offers cellphones, home telephone, and Internet services through a variety of devices.

Headquarters: Basking Ridge, New JerseyYear Founded: 2000Parent Company: Verizon CommunicationsWebsite: www.verizonwireless.com

AERIAL

Page 12

Mill Plain Blvd26,000

Vehicles Daily

164th Ave 34,000

Vehicles Daily

Columbia Crossing Shopping Center

Mill Plain Town Center

SUBJECT SITE

additional retailerS

STARBUCKSJIMMY JOHNSAT&TRED ROBINOLIVE GARDENZOOM+CAREJAMBA JUICE

PEET’S COFFEEPIER 1 IMPORTSMATTRESS FIRMBEVMO!CHIPOTLEPANERA24 HOUR FITNESS

BANK OF AMERICAJACK IN THE BOXGOODWILLBEACOCK’S MUSICBIG 5LOWESHOME DEPOT

Legend

Parcel Outline:Subject Property:

Trash/Recycle:Signage:

Flow of traffic:Ingress/Egress:

N

Mill Plain Blvd.25,000 Cars Daily

164th Ave - 28,000 Cars Daily

SITE PLAN

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PoPulation

Estimated 2017Projected 2022 Census 2010 Census 2000

1mi. 3mi. 5mi.20,890 89,139 184,95622,896 97,693 202,63318,641 82,405 170,03816,792 66,752 139,973

average income

Estimated 2017Projected 2022 Census 2010 Census 2000

1mi.

$72,145 $81,639 $78,614$82,413 $94,384 $91,227$57,748 $69,843 $68,088$55,046 $60,196 $57,938

3mi. 5mi.

DEMOGRAPHICS

Vancouver, Washington sits on the north bank of the Columbia River directly across from Portland, Oregon. Incorporated in 1857, it is the fourth-largest city in the state. The Pacific Coast is less than 90 miles to the west. The Cascade Mountain Range rises on the east. Mount St. Helens National Volcanic Monument and Mt. Hood are less than two hours away. The spectacular Columbia River Gorge National Scenic Area lies 30 minutes to the east. Vancouver combines the excitement of a major metropolitan area with small-town charm and abundant recreational opportunities.

The 5 largest employers are:PeaceHealth Southwest Medical Center | 2841 EmployeesEvergreen Public Schools | 2455 EmployeesVancouver Public Schools | 2203 EmployeesCounty of Clark | 1561 EmployeesFred Meyer | 1500 Employees

Median Age36.4 Years Old

AGE

Gender Male 48.7% Female 51.3%

VANCOUVER, WA

300 West 15th Street, Suite 201Vancouver, WA 98660

360.699.4494

www.MAJCRE.com