Sprouts 7.24.20 V3

NORWALK

SWC Maidstone & Alondra

SOUTHERN CALIFORNIA

Sprouts Farmers Market Sequoia National Forest

Southern California Overview Map

Los Padres National Forest 5

15
San Bernardino National Forest

10

CBSA Target Open Approved Remaining Identified
Saturation Targets

Los Angeles 127 45 2 80 85 Cleveland National Forest
Riverside 37 12 3 22 20
San Diego 30 24 0 6 n/a 0 25
Ventura 8 5 0 3 n/a miles
San Luis Obispo 3 1 0 2 n/a
Bakersfield 3 1 0 2 n/a
Santa Maria 2 1 1 0 n/a

Total 210 89 6 115 105

Print Date: 7/21/20

187 5

Proposed Sprouts Farmers Market 19 605

South Bay/Los Angeles, CA Tour O405verview Map 110 710
110
405 605
110
405 710
405
5
605 5
5
710 Long Beach
710 Airport 39

110 710 405

1 405

405

110

107

405

0 2

miles

Print Date: 7/21/20

SITE SUMMARY – Norwalk, CA 34.4%
$343
IRR 49,374
Sales Forecast 31,684
Target Customer Count Good
Traffic Counts 121 Spaces
Visibility / Access NA
Parking 23,256
Co-Tenancy
Size Not Standard
Standard / Not Standard Layout
Rent $25/psf

Meets or exceeds Some issues Needs Discussion

SWC Maidstone & Alondra

Norwalk, CA

$19M

3 Mile 8.8 Miles

$384 $398
Whittier
$269
$442
$211M 5 $500

$461 LA MIRADA

$384 $173

105

$250

605 Population: 70,314
Avg HH Income: $78,971
$538 Higher Education: 20.1% $3384
$346
NORWALK 8.7 Miles

PARAMOUNT $390
La Habra
$6M $211
5
$519 $96
91
$673 $384 SUBJECT $346
$500
$250

$557 91
$134
$461

$134

2.5 MilesCERRITOS $288

$461 $307
$442
$1300 LAKEWOOD $461

$461 $115 $394

© 2018 CBRE, Inc. All rights reserved. This information has been obtained from sources believed reliable, but has not been verified for accuracy or completeness. 6Y0o5u should conduct a careful, independent Last update Jul. 2020
investigation of the property and verify all information. Any reliance on this information is solely at your own risk.

SWC Maidstone & Alondra

Norwalk, CA

S tude ba ke r R d P ione e r B lvd N orw a lk B lvd 50 Acre Tank Farm
B loom fie ld A ve$346M
Piuma Ave Huerte Elementary
¦¨§605 Alondra Blvd School Alondra Blvd Last update Jul. 2020
¨¦§605
Excelsior High School
Norwalk La Mirada
Adult School (Trade)

28,315 ADT

SUBJECT

Cerritos College Shapell Homes $250 P ione e r B lvd 25,149 ADT
17,000 Students Residential

Development 8 Acre school site
in contract with Shappell
S tude ba ke r R d for additional residential

291,000 ADT

166th St

UV91 N orw a lk B lvd

276,000 ADT UV91

$461

© 2018 CBRE, nc. All rights reserved. This information has been obtained from sources believed reliable, but has not been verified for accuracy or completeness. You should conduct a careful, independent
investigation of the property and verify all information. Any reliance on this information is solely at your own risk.

SWC Maidstone & Alondra

Norwalk, CA

Pioneer Ave

3,369 ADT Huerte Elementary Pawn
School Shop

Excelsior High School Senor
Norwalk La Mirada Baja
Adult School (Trade)
Frontier
Alondra Blvd 28,315 ADT Alondra Blvd Cabinets

10 Auto Repair
Auto Repair
TRASH LOADING DRIVE THRU 60'
6 40' 20' 20' 1,200 SF
25,149 ADT
H H HH H 1,200 SF

PAD 1
2,500 SF

SUITE 3
FAST FOOD

160 8 Acre school site
SPACES in contract with Shappell
for additional residential
CARTS CARTS CARTS Maidstone Ave

32 22 35 1
54
CARTS
7

PRIMARY 14
ENTRY
Shapell Homes
BUILDING A 124' Residential $250
23,256 SF
LOADING/TRASH Development Pioneer Ave
MARKET209-4"
Cerriots College
17,000 Students SUBJECT 9

© 2018 CBRE, nc. All rights reserved. This information has been obtained from sources believed reliable, but has not been verified for accuracy or completeness. You should conduct a careful, independent Last update Jul. 2020
investigation of the property and verify all information. Any reliance on this information is solely at your own risk.

SWC Maidstone & Alondra

Norwalk, CA

Alondra Blvd 28,315 ADT

Proposed10
Monument Sign

TRASH LOADING DRIVE THRU 60' 3,369 ADT
6 40' 20' 20'
1,200 SF
H H HH H
1,200 SF

PAD 1

2,500 SF

SUITE 3
FAST FOOD

160
SPACES

CARTS CARTS CARTS Proposed
Monument Sign
32 22 35 14

1 15
54 CARTS

7

BUILDING A 124' Maidstone Ave Shapell Homes
23,256 SF Residential
LOADING/TRASH
MARKET 209-4" Development

SUBJECT 9 Last update Jul. 2020

© 2018 CBRE, nc. All rights reserved. This information has been obtained from sources believed reliable, but has not been verified for accuracy or completeness. You should conduct a careful, independent
investigation of the property and verify all information. Any reliance on this information is solely at your own risk.

SWC Maidstone & Alondra

Norwalk, CA

9
LOADING/TRASH

209-4"

BUILDING A
23,256 SF

MARKET
MAIDSTONE AVENUE
124'1514
H HH HCARTS
121 spaces in front parking field
7
1

54 159 overall spaces

35 32 22 LAND AREA 130,680 SF
3.0 ACRES
CARTS CARTS CARTS BUILDING AREA 28,156 SF
COVERAGE 21.5%

160 PARKING REQUIRED 23,256 SF 93 SPACES
SPACES BUILDING A
20' 20' 60' LOADING 2,500 SF 50 SPACES
6 TRASH RETAIL AT 1/250 1,200 SF 12 SPACES
1,200 SF 10 PAD 1 1,200 SF 5 SPACES
160 SPACES
1,200 SF FAST FOOD AT 1/50 160 SPACES
NAP DRIVE THRU H RETSTAURANTAT 1/100 5.7/1000
PAD 1 RETAIL AT 1/250
40' TOTAL
2,500 SF
PARKING PROVIDED
SUITE 3 PARKING RATIO
FAST FOOD
NORWALK PARKING REQUIREMENTS:

RETAIL - 1 SPACE /250 SF
RESTAURANT - 1SPACE/100 SF
FAST FOOD - 1 SPACE/50 SF

ALONDRA BOULEVARD SPACE SIZE 9'-0" x 18'-0"
AISLE WIDTH 26'

SIGNALIZED
INTERSECTION

and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. 18004 Sky Park Circle
Suite 200
Irvine, California 92614
Ph. 949.757.3240
www.sms-arch.com

Last update Jul. 2020

Proposed Sprouts Farmers Market Market Potential

Alondra Blvd & Maidstone Ave, Norwalk, CA Total Potential: $5,086

Target Customer Map 710 Competition Share: $1,000

Available Potential: $4,086

90
39

19 605
91
710
605
5
91

47
19

Trade Area has 0.9% Annual Growth. 5

710 5-Min 7-Min 10-Min TA 3-Mile 01
miles
Population: 43,022 81,842 199,079 84,471 249,315
Daytime Pop: 11,204 27,019 82,609 18,625 103,518
Median HH Inc: $66,037 $67,536 $66,620 $69,054 $70,549
Per Capita Inc: $20,259 $22,637 $24,372 $22,368 $25,774
Bachelor's#: 5,572 12,216 32,078 11,894 43,375
Bachelor's%: 19.7% 22.5% 24.3% Lo2n1g .B3e%ach 26.0%
Target Customer #: 25,466 48,166 115,353 4A9ir,p3o7rt4 143,154
Target Customer %: 59.2% 58.9% 57.9% 58.5% 57.4%

Print Date: 6/24/20

90 19 605 90
19 91
Proposed Sprouts Farmers Market 5
605 91
Alondra Blvd & Maidstone Ave, Norwalk, CA
01
Store #260 Cannibalization Map 39
miles
710

Store #260 Sales w/i TA:
$107,626
Store #260 Total Sales:
$3,958,766
Cannibalization:
2.7%

47

710

Long Beach
Airport

405

Print Date: 6/24/20

710

Proposed Sprouts Farmers Market

Alondra Blvd & Maidstone Ave, Norwalk, CA

Store #426 Cannibalization Map

19 605 90
91 39
Store #426 Sales w/i TA:
$555,807 605 5
91
710
01
Store #426 Total Sales: miles
$3,505,289

Cannibalization:
15.9%

19

Print Date: 6/24/20

TAS Demographic Snapshot Report

Proposed Sprouts Farmers Market
Calculated using TAS Retrieval

Jun 23, 2020 Latitude: 33.887498 Longitude: -118.087515

Alondra Blvd & Maidstone Ave 5.00 7.00 10.00 12.00

Norwalk, CA 3.00 Mile Minute Minute Minute Minute
Total Pop
Male Pop Radius Drivetime Drivetime Drivetime Drivetime
Female Pop
Median AgePopulation 249,315 43,022 81,842 199,079 300,064
Pop Density (per sq.mi.)Demographics
Full-Time Employees 49.2% 49.8% 49.4% 49.1% 49.1%
Establishments
50.8% 50.2% 50.6% 50.9% 50.9% This report was produced using data from private and government sources deemed to be reliable and is herein provided without representation or warranty.

37.0 35.2 36.3 36.5 36.6

8,798.3 11,146.4 10,309.3 9,345.4 8,906.2

103,518 11,204 27,019 82,609 117,629

5,779 619 1,523 4,693 6,561

Income Median HH Inc $70,549 $66,037 $67,536 $66,620 $69,197
Per Cap Inc $25,774 $20,259 $22,637 $24,372 $25,311
Avg HH Inc $88,556 $79,019 $82,028 $83,456 $86,743

Households Total HH 74,709 11,443 23,297 59,925 90,300
Avg HH Size 3.4 3.9 3.6 3.4 3.4
Race/ Ethnicity Owner Occupied Housing
Renter Occupied Housing 57.9% 61.8% 58.5% 53.0% 55.8%
PopStats Vacant Housing 38.3% 34.2% 37.6% 43.1% 40.4%
Educational 3.7% 3.9% 3.9% 3.9% 3.8%
Attainment White
Black 16.7% 10.6% 13.2% 15.5% 16.6%
Asian or PI 6.7% 3.7% 5.6% 7.5% 7.6%
Other 22.6% 17.8% 21.0% 20.9% 20.6%
Hispanic 2.9% 2.1% 2.3% 2.7% 2.8%
Non-Hispanic 51.1% 65.9% 57.8% 53.4% 52.4%
# Bachelors 48.9% 34.1% 42.2% 46.6% 47.6%
# Masters 30,456 4,229 9,275 23,195 34,665
# Professional 9,447 1,097 2,219 6,588 10,952
# Doctorate 2,271 115 430 1,464 2,383
# Bachelors + 1,201 132 292 831 1,313
% Bachelors + 43,375 5,572 12,216 32,078 49,314
26.0% 19.7% 22.5% 24.3% 24.7%

PopStats Market Basket $60.55 $60.07 $60.28 $60.37 $60.43
Spending
Patterns

PopStats Population Forecast 261,385 45,005 85,846 209,051 315,100
Basic 1.0% 0.9% 1.0% 1.0% 1.0%
Forecast % Growth
Variables
Specialty Grocers Store Count
Competition Specialty Grocers Weekly Sales 1 0 0 1 1
Conventional Grocers Store Count 350 0 0 350 350
Conventional Grocers Weekly Sales 17 2 6 15 22
Excess/(Deficient) Potential: 4,725 825 1,475 4,075 6,650
10,021 1,759 3,459 7,593 11,134
Health Enthusiast
Target Customer Groups Experience Seeker 82,890 14,504 27,738 66,219 98,436
Adventurous Chef 60,265 10,962 20,428 49,134 72,657
Shopping Avoider 50,276 9,018 16,922 41,186 61,255
Convenience Seeker 18,985 2,891 5,696 14,472 22,956
Coupon Clipper 19,960 3,171 6,110 15,284 24,156
Target Customer Pop 16,940 2,476 4,947 12,783 20,605
% Health Enthusiast 143,154 25,466 48,166 115,353 171,093
% Experience Seeker 33.2% 33.7% 33.9% 33.3% 32.8%
% Adventurous Chef 24.2% 25.5% 25.0% 24.7% 24.2%
% Shopping Avoider 20.2% 21.0% 20.7% 20.7% 20.4%
% Convenience Seeker 7.6% 6.7% 7.0% 7.3% 7.7%
% Coupon Clipper 8.0% 7.4% 7.5% 7.7% 8.1%
% Target Customer 6.8% 5.8% 6.0% 6.4% 6.9%
57.4% 59.2% 58.9% 57.9% 57.0%

© 2014 , Trade Area Systems Data Source:

Market Comp Worksheet

Proposed deal: Year Size BTS/TA Term Min. Rent Net of TA NNN Gross Rent Comments
SPROUTS
Norwalk 2022 23,256 BTS 15 $24.00 $16.12 $5.75 $29.75 BTS based on $175 / PSF ($4,069,800) Assumed $105 PSF over shell
at 7.5% Interest
Comps: Year Size BTS/TA Term Min. Rent Net of TA NNN
Amazon Grocery 2021 39,790 TA 10 $23.00 $17.75 $5.75 Gross rent Comments
South & Gridley - Cerritos $28.75 $70 TIA Taking the former TRU
CVS 2016 24,130 Renewal 10 $25.80 $25.80 $7.10
Pioneer & Rosecrans $32.90 Lease renewal
Norwalk
American Freight Furniture 2019 22,122 TA 10 $20.40 $18.90 $4.40 $24.40 $20 TIA
Gridley & 187 - Cerritos

RIALTO

SWC Riverside & San Bernardino

SOUTHERN CALIFORNIA

Sprouts Farmers Market Sequoia National Forest

Southern California Overview Map

Los Padres National Forest 5

15
San Bernardino National Forest

10

CBSA Target Open Approved Remaining Identified
Saturation Targets

Los Angeles 127 45 2 80 85 Cleveland National Forest
Riverside 37 12 3 22 20
San Diego 30 24 0 6 n/a 0 25
Ventura 8 5 0 3 n/a miles
San Luis Obispo 3 1 0 2 n/a
Bakersfield 3 1 0 2 n/a
Santa Maria 2 1 1 0 n/a

Total 210 89 6 115 105

Print Date: 7/21/20

Proposed Sprouts Farmers Market

San Bernardino County, CA Tour Overview Map

10

05
miles

Print Date: 7/21/20

SITE SUMMARY – Rialto, CA 58.8%
$343
IRR 34,276
Sales Forecast 48,745
Target Customer Count Ok
Traffic Counts 128 Spaces
Visibility / Access TBD
Parking 23,256
Co-Tenancy Standard
Size $21/psf
Standard / Not Standard Layout
Rent

Meets or exceeds Some issues Needs Discussion

N C edar Ave SWC Riverside & San BernardinoN California St
N C a c tu s A v e
N R iv e rs id e A VU Riatlo, CA

Baseline Ave W Base Line Rd E Base Line Rd W Base Line St N Mt Vernon Ave
$423 $288 N E St
3 Mile $365 $269
$384
N Pepper Ave
$269 $461 $250 ¨¦§VU66 $365
215 E Rialto Ave
$269 W 2nd St

$346 N Rancho Ave N I St

$384 Arrow Blvd W Rialto Ave $384 W Rialto Ave
E Rialto Ave $615
A ld e r A v e
Merrill Ave S C edar AveW Merrill Ave S Pepper Ave Mill St
Bloomington Ave E Merrill Ave W Mill St $288 W Mill St E
$269 $634
S R iv e rs id e A v e $211 E Hospitality L
Inland Center Dr E Redl
N Rancho Ave N La Cadena Dr
$307 $269 Colton Ave

SUBJECT S E St

$307

$V5a3l8ley Blvd $423 W Valley Blvd W Valley Blvd $288

¨¦§$365 ¨¦§10 Fairway Dr

10

Slover Ave

S ie rra A v e C edar Ave S Rancho Ave S M t V e rn o n A ve

Jurupa Ave Jurupa Ave ¦¨§215 $365
E Washington St

7th St W S La Cadena Dr Reche Canyon Rd
Agua Mansa Rd
M t V e rn o n A ve
Armstrong Rd Barton Rd

© 2018 CBRE, nc. All rights reserved. This information has been obtained from sources believed reliable, but has not been verified for accuracy or completeness. You should conduct a careful, independent Last update Jun. 2020
investigation of the property and verify all information. Any reliance on this information is solely at your own risk.

SWC Riverside & San Bernardino

Riatlo, CA

E San Bernardino Ave S S yc amor

W San Bernardino Ave 10,948 ADT

S R ivers ide A ve

S W illo w A v e 32,669 ADT

SUBJECT 23,256 SF

W Valley Blvd 16,076 ADT E Valley Blvd

¨¦§10 ¦¨§10 193,000 ADT

©2018 CBRE. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not Last update Jun. 2020
represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

SWC Riverside & San Bernardino

Riatlo, CA

©2018 CBRE. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only Last update Jun. 2020
and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

SWC Riverside & San Bernardino

Riatlo, CA

128 spaces in front parking field
170 overall spaces

©2018 CBRE. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only Last update Jul. 2020
and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

PHASE II ±120,000 SF OF ANCHOR, SHOPS, RESSWTACURRivAerNsidTSe &&SEaNn TBEerRnTaArdIiNnoME
S O U T H W E S T C O R N E R O F S A N B E R N A R D I N O AV E N U E & R I V E R S I D E AV ERNiaUtElo, ,RCI AALT O ,

W SAN BERNARDINO AVE S RIVERSIDE AVE

RIALTO MARKETPLACE
PHASE II

32,669 CPD Last update Jun. 2020

©2018 CBRE. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only
and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

› Proposed second phase to recently completed and › Strong co-tenancy at existing Phase I shopping center, which is
successful Rialto Marketplace
anchoredSbWy tCopR10iv%emrossitdveisi&tedSWaanlmBaret rinntaherdnaintioon
› Just seconds from the I-10 Freeway (172,410 CPD) which
connects directly to Riverside Avenue on/offramps with over 3.4M annual visits and 501,800 cusRtioamtleor,s CA

› High traffic location between two major intersections › Caters to an underserved market with limited retail competition
(46,460 CPD on Riverside Ave and Valley Blvd)
› Ample parking with ±850 surface parking stalls provided

JOE BACA MONTEREY
MIDDLE SCHOOL CAR COMPANY

172,410 CPD

32,669 CPD RIALTO MARKETPLACE
PHASE II

W SAN BERNARDINO AVE

S RIVERSIDE AVE

©2018 CBRE. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only Last update Jun. 2020
and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

Proposed Sprouts Farmers Market Market Potential

S Riverside Ave15& W San Bernardino Ave, Rialto, CA Total Potential: $5,521
Competition Share: $2,750
Target Customer Map Available Potential: $2,771

66 66 215

66 66

10
10
10

10

215

Trade Area has 1.4% Annual Growth.

60 5-Min 7-Min 10-Min TA 3-Mile 60

Population: 30,093 67,402 169,329 92,774 140,323 01
Daytime Pop: 11,281 23,490 62,611 23,126 32,584 miles
Median HH Inc: $50,771 $51,429 $51,624 $52,416 $51,283
Per Capita Inc: $15,550 $15,519 $16,028 $15,722 $15,471
Bachelor's#: 2,162 4,436 11,271 5,887 8,150
Bachelor's%: 11.7% 10.7% 10.9% 10.3% 9.5%
Target Customer #: 11,458 24,784 63,891 34,276 52,684
Target Customer % 38.1% 36.8% 37.7% 36.9% 37.5%

Print Date: 7/23/20

Proposed Sprouts Farmers Market

S Riverside Ave & W San Bernardino Ave, Rialto, CA

Store #429 Cannibalization Map

15

215

206

15 210

Store #429 Sales w/i TA: 66 66 66 215 San Bernardino
$37,829 10 66 International Airpor

Store #429 Total Sales: 10
$1,178,145

Cannibalization:
3.2%

15
10

60 10
15
215
Print Date: 6/9/20
02
miles

TAS Demographic Snapshot Report

Proposed Sprouts Farmers Market
Calculated using TAS Retrieval

Jun 9, 2020 Latitude: 34.074167 Longitude: -117.370422

S Riverside Ave & W San Bernardino Ave 5.00 7.00 10.00 12.00

Rialto, CA 3.00 Mile Minute Minute Minute Minute
Total Pop
Male Pop Radius Drivetime Drivetime Drivetime Drivetime
Female Pop
Population Median Age 140,323 30,093 67,402 169,329 263,080
DemographicsPop Density (per sq.mi.)
Full-Time Employees 49.3% 49.2% 49.4% 49.4% 49.4%
Establishments
50.7% 50.8% 50.6% 50.6% 50.6% This report was produced using data from private and government sources deemed to be reliable and is herein provided without representation or warranty.

31.4 31.7 31.7 31.6 31.7

5,385.9 4,186.3 4,266.5 4,283.2 4,117.3

32,584 11,281 23,490 62,611 101,697

1,613 548 1,125 2,895 4,687

Income Median HH Inc $51,283 $50,771 $51,429 $51,624 $52,145
Per Cap Inc $15,471 $15,550 $15,519 $16,028 $16,584
Avg HH Inc $61,261 $60,072 $60,442 $62,160 $63,464

Households Total HH 37,778 8,293 18,408 46,630 73,465
Avg HH Size 4.0 3.9 3.9 3.9 3.8
Race/ Ethnicity Owner Occupied Housing
Renter Occupied Housing 58.5% 56.0% 57.4% 56.5% 54.5%
PopStats Vacant Housing 35.0% 37.2% 36.1% 36.8% 38.7%
Educational 6.5% 6.7% 6.4% 6.7% 6.9%
Attainment White
Black 11.2% 12.2% 12.0% 12.3% 13.0%
Asian or PI 7.5% 7.2% 6.4% 7.2% 7.9%
Other 1.9% 2.5% 2.3% 2.6% 3.3%
Hispanic 1.7% 2.0% 1.7% 1.8% 1.9%
Non-Hispanic 77.7% 76.1% 77.6% 76.1% 73.8%
# Bachelors 22.3% 23.9% 22.4% 23.9% 26.2%
# Masters 6,281 1,680 3,390 8,561 14,074
# Professional 1,488 358 824 2,183 3,716
# Doctorate 296 104 172 390 752
# Bachelors + 137 359
% Bachelors + 86 20 50 11,271 18,902
8,150 2,162 4,436 10.9% 11.7%
9.5% 11.7% 10.7%

PopStats Market Basket $59.45 $59.45 $59.47 $59.41 $59.36
Spending
Patterns

PopStats Population Forecast 151,128 32,334 72,577 182,450 283,730
Basic 1.5% 1.4% 1.5% 1.5% 1.5%
Forecast % Growth
Variables
Specialty Grocers Store Count
Competition Specialty Grocers Weekly Sales 0 0 0 0 0
Conventional Grocers Store Count 0 0 0 0 0
Target Customer Groups Conventional Grocers Weekly Sales 11 5 6 20 28
Excess/(Deficient) Potential: 4,650 2,800 3,100 8,175 11,675
3,693 (1,011) 909 1,884 3,941
Health Enthusiast
Experience Seeker 27,140 5,884 12,665 32,756 51,949
Adventurous Chef 25,545 5,574 12,119 31,135 49,730
Shopping Avoider 33,817 7,245 16,200 40,416 61,823
Convenience Seeker 18,182 3,832 8,910 21,947 33,626
Coupon Clipper 20,946 4,432 10,340 25,151 38,207
Target Customer Pop 14,693 3,125 7,169 17,924 27,745
% Health Enthusiast 52,684 11,458 24,784 63,891 101,679
% Experience Seeker 19.3% 19.6% 18.8% 19.3% 19.7%
% Adventurous Chef 18.2% 18.5% 18.0% 18.4% 18.9%
% Shopping Avoider 24.1% 24.1% 24.0% 23.9% 23.5%
% Convenience Seeker 13.0% 12.7% 13.2% 13.0% 12.8%
% Coupon Clipper 14.9% 14.7% 15.3% 14.9% 14.5%
% Target Customer 10.5% 10.4% 10.6% 10.6% 10.5%
37.5% 38.1% 36.8% 37.7% 38.6%

© 2014 , Trade Area Systems Data Source:

Market Comp Worksheet

Proposed deal: Year Size BTS/TA Term Min. Rent Min. Rent NNN Gross Rent Comments
SPROUTS 2022 23,256
Year Size Net of TA $28.24 BTS based on $175 / PSF ($4,069,800) Assumed $105 PSF (60%)
Rialto 2017 27,870 over shell at 7.5% Interest
Comps: BTS 15 $21.00 13.12 $7.24
2019 19,700 Gross Rent Comments
Smart & Final BTS/TA Term Min. Rent Net of TA NNN $3.44 million contribu�on ($123.43/SF). Smart and Final paid their
Colton RVBTS 15 $17.64 12.90 self permits fees, impact fees, design fees, etc. Evergreen completed
Planet Fitness the on-sites and off-sites and S&F constructed their building. Sold
Riverside & Merrill maintain for 5.5 CAP
Rilato
Ross TA 10 $15.00 13.50 TBD
DD's
2019 28,600 BTS 10 $6.00 $20 TIA
2019 23,300 BTS 10 $6.00 Backfill of former Walmart
Backfill of former Walmart