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International Car Wash Group

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About the Investment

✓ Qualifies For Bonus Depreciation: The Property Qualifies for 100% Bonus Depreciation In Year One of Ownership
✓ Long Term Lease With Zero Landlord Responsibilities & Annual Increases: True Triple Net (NNN) Lease With Approximately 17.75 Years Remaining In Initial Term With 1.75% Annual Rental Increases and Four, Five-Year Extension Options
✓ Corporate Guarantee: The Lease is Subject to a Corporate Guarantee by International Car Wash Group Ltd. (UK) “ICWG” With More Than 950 Locations Across Europe, Australia and the U.S.
✓ Strong Store Sales: Please Inquire With Listing Agent For More Information

About the Location

✓ The Ohio State University | Seven Miles from the Subject Property | 66,000+ Students Enrolled
✓ OhioHealth Grant Medical Center| Less Than Seven Miles from the Subject Property | 434-Bed Teaching Hospital and Acute Care Medical Facility
✓ OhioHealth Doctors Hospital | Less Than Two Miles from the Subject Property |
213- Bed Tertiary Care Teaching Hospital
✓ Dense Retail Corridor | Home Depot, Target, Kroger, Giant Eagle Supermarket, Save A Lot, Value City, Big Lots, CVS, Dollar Tree, Family Dollar, McDonald’s, Shoppers World, Tim Horton’s, Popeyes, Boston Market, and Many More

About the Tenant / Brand

✓ The World’s Largest Car Wash Company: ICWG was Founded In 1965 and is Now the World’s Largest Car Wash Operator, Washing More Than 35 Million Cars Every Year.
✓ In August 2015, ICWG entered the U.S. market and now operates more than 150 locations, making it the country’s second-largest operator.
✓ Favorable Industry Trends: In the U.S., the Percentage of Drivers that Wash their Vehicle at a Professional Car Wash has Increased from 47% in 1994 to 72% in 2014

Little Caesars

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Marcus & Millichap is pleased to present the exclusive listing for a Little Caesars located at 1200 Demorest Road in Columbus, OH. The site consists of roughly 1,537 rentable square feet of building space. This Little Caesars is subject to a 20-year triple-net lease that commences upon the close of escrow. The annual rent will be $99,905 and is scheduled to increase by ten percent (10%) every 5 years throughout the base term. Rent shall reset to FMV in each of the option periods.

About the Investment:

✓ Long-Term, 20-Year Absolute Triple Net (NNN) Lease Commencing Upon the Close of Escrow
✓ Attractive Rental Increases of Ten Percent (10%) Every Five Years
✓ Four (4), Five (5)-Year Tenant Renewal Options, Bringing the Potential Lease Term to 40 Years

About the Location:

✓ Dense Retail Corridor | Walgreens, CVS, Dollar General, KFC, Papa John’s, Pizza Hut, Napa Auto Parts, and Many More
✓ Strong Demographics | Population Exceeds 119,000 & 230,000 Individuals Within a Three & Five- Mile Radius, Respectively
✓ Heavily Trafficked Area | Demorest Road and Clime Road | Average Daily Traffic Counts of 15,122 and 15,547 Vehicles Per Day, Respectively
✓ Large Academic Presence | The Ohio State University | Total Enrollment Exceeds 66,000 Students
✓ OhioHealth Grant Medical Center| Less Than Seven Miles from the Subject Property | 434-Bed Teaching Hospital and Acute Care Medical Facility
✓ Compelling Location Fundamentals | Located in Columbus, OH | The Capital and Most Populous City in OH

About the Tenant/Brand:

✓ Little Caesars has been Successfully Operating for 50 Years
✓ One of the Largest Pizza Chains in the World with over 4,500 Locations
✓ Known for its Hot-N-Ready Pizza and Famed Crazy Bread, Little Caesars has Been Named “Best Value in America” for the Past Twelve Years
✓ Little Caesars Offers Strong Brand Awareness with one of the Most Recognized and Appealing Characters in the Country
✓ Sizzling Platter, LLC Operates 5 Brands Across 12 States and 2 Countries

Red Lobster

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Marcus & Millichap is pleased to present the exclusive offering for a Red Lobster located at 255 Graff Road S.E., in New Philadelphia, OH. The site consists of roughly 6,166 rentable square feet of building space on an estimated 1.66-acre parcel of land. This Red Lobster is subject to a 26.5-year absolute triple-net (NNN) lease, which commenced July 28, 2014. The current annual rent is $209,558 and is scheduled to increase by 2.00% annually throughout the remainder of the base term and in each of the four (4), five (5)-year tenant renewal options.

About the Investment:

✓ Long-Term, 26.5-Year Absolute Triple-Net (NNN) Lease with Approximately 19.5 Years Remaining on the Base Term
✓ Corporate Tenant | Corporate Guaranty
✓ Attractive Rental Increases of Two Percent (2.00%) Annually
✓ Four (4), Five (5)-Year Tenant Renewal Options, Bringing the Potential Lease Term to 45 Years

About the Location:

✓ Dense Retail Corridor | Lowe’s, Dick’s Sporting Goods, Kohl’s, JCPenney, Marshalls, Staples, Arby’s and Many More
✓ Heavily Trafficked Area | US-250 and South Broadway Street | Average Daily Traffic Counts Exceeding 22,000, and 23,500 Respectively
✓ Multiple Hospitality Accommodations | Holiday Inn Express and Suites, Travelodge by Wyndham, Hampton Inn New Philadelphia, The Schoenbrunn Inn and Conference Center and More
✓ Strong Real Estate Fundamentals | Multiple Points of Interest Located Within Immediate Proximity | Schoenbrunn Village and Wood’s Tall Timber Resort

About the Tenant/Brand:

✓ Red Lobster is the largest seafood restaurant concept in the world and is an iconic full-service brand with broad demographic appeal and a significant advertising budget (2nd-largest in casual dining)
✓ The Company was founded in 1968 and currently operates over 700 restaurants throughout the United States and Canada, and has more than 40 franchised restaurants in international markets
✓ Red Lobster is led by an experienced management team with a history of success leading the brand (average 27+ years experience across executive team)
✓ The company generates $2.5B in revenue and is the 6th-largest casual dining concept in North America