Sprouts SoCal 8.11.20

FOUNTAIN VALLEY

NEC Magnolia & Talbert

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 19
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 6 115 104

Print Date: 7/23/20

Proposed Sprouts Farmers Market

North Orange Co, CA Tour Overview Map

142

1 5
39
S18
55 241
405

0 2

miles

Print Date: 8/5/20

Proposed Sprouts Farmer3s9 Market

South Orange Co, CA Tour Overview Map

55 241 15
405 15
39
74

20

5 74
1

0 5

Print Date: 8/5/20 miles

SITE SUMMARY – SITE DESCRIPTION GOES HERE

IRR 14%
Sales Forecast
Target Customer Count $358
Traffic Counts 45,715
Visibility / Access 50,100
Parking Good
Co-Tenancy 151 Spaces
Size
Standard / Not Standard Layout Rite Aid, Dollar
Rent Tree

Meets or exceeds Some issues Needs Discussion 24,000
Standard
$26.00/psf

$596 Bolsa Chica Road

$461 $307

© 2018 CBRE, Inc. 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 $615
investigation of the property and verify all information. Any reliance on this information is solely at your own risk.
Edinger Avenue
$519

$538 $523 $250

$634 Goldenwest Street $711 Jons
Beach Boulevard $134
3.1 Miles $134
Harbor Boulevard
Bristol Street $769

$288 Warner Avenue

Beach Boulevard $519 $442
Brookhurst Street $173

Harbor Boulevard Gar eld Avenue 405

$269

$211 SUBJECT $250 3 Mile

$430 4.6 Miles $250 $596 Talbert Avenue Edinger Avenue
Adams Avenue 3.0 Miles $307

$634 Open Q4 2020

$24M 3 Mile Grocery Sales

$384 TOKYO CENTRAL Conventional: $6.07M $115 NEC Magnolia & Talbert'
GROCERY Specialty: $1.95M
Ethnic: $00 Fountain Valley, CA

$288

$423 405
$381
$307 Warner Avenue
$596
55 $346

Last update Jul. 2020 $519

$134 $461 $192

$307 $307

NEC Magnolia & Talbert'

Fountain Valley, CA

25,600 ADT

Ding Tea
Creamery

Pizza
Dance
Academy

Fish
& Chips

Hair
Salon
Dentist
Chiropractor
Monument 1 Mai Thai
Cleaners
Talbert Ave
24,000 SF SUBJECT
Liquor ARCO
Azteca Tae Kwon
Music Do
Pho-K Tea B. Nutricious Pet

Eye Care Dentist Boarding
Optomotry
Pharmacy Monument 2
Salon Ortho.
24,500 ADT
Kumon
Axis Car Wash

Nails
Yoga

Magnolia Street

© 2018 CBRE, Inc. 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 Feb. 2020
investigation of the property and verify all information. Any reliance on this information is solely at your own risk.

Monument NEC Magnolia & Talbert'Existing Drive-Thru
Sign
Fountain Valley, CA
Outlot
Future Rite-Aid Drive-Thru

Monument 151 Primary
Sign Parking Stalls

Dog Daycare |------------------155’------------------|
& Boarding
PREMISES
|------------------155’------------------|
24,000 SF

Loading Area

PARKING SUMMARY After Pad Addition: Protected Area
Existing Today: 4.5:1000 - Minimum Parking Lot Slurry & Stripe
±92,386 SF Required Per Exhibit C
Est. 493 parking stalls
5.3:1000 Two Grand Opening Storage Trailers

©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 Aug. 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.

NEC Magnolia & Talbert'

Fountain Valley, 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 Feb. 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.

Monument 1 NEC Magnolia & Talbert'

Fountain Valley, CA
Monument 2

©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 Feb. 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 22 Market Potential

Talbert Ave & Magnolia St, Fountain Valley, CA Total Potential: $4,997
Competition Share: $1,975
Target Customer Map Available Potential: $3,022

1 39
405

39 405
1

440055

John Wayne
Airport

Trade Area has 0.1% Annual Growth. 73

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

Population: 41,175 87,726 182,052 82,233 201,813 39
Daytime Pop: 22,647 45,563 95,831 40,498 93,065 1
Median HH Inc: $86,424 $82,095 $82,333 $80,142 $85,638
Per Capita Inc: $38,393 $36,251 $37,238 $33,987 $39,760 01 University o
Bachelor's#: 11,851 23,277 48,053 22,160 55,668 miles
Bachelor's%: 40.2% 37.7% 37.5% 37.7% 39.1%
Target Customer #: 20,511 45,588 96,896 45,715 106,087
Target Customer %: 49.8% 52.0% 53.2% 55.6% 52.6%

Print Date: 8/5/20

Proposed Sprouts Farmers Market

Talbert Ave & Magnolia St, Fountain Valley, CA

Seal BeSatcohrNeat#io2n1al2WCildalinfenibalization Map

Refuge

405

Store #212 Sales w/i TA: 39
$733,675
405
Store #212 Total Sales:
$4,227,160 1

Cannibalization:
17.4%

405

John Wayne
Airport

73

1

0 1
miles

Print Date: 8/5/20

Proposed Sprouts Farmers Market 39 22
405 405
Talbert Ave & Magnolia St, Fountain Valley, CA
39
Store #277 Cannibalization Map

Seal Beach National Wildlife
1 Refuge

Store #277 Sales w/i TA:
$521,353
Store #277 Total Sales:
$4,794,673
Cannibalization:
10.9%

1

0 1
miles

Print Date: 8/5/20

5

Proposed Sprouts Farmers Market

Talbert Ave & Magnolia St, Fountain Valley, CA

Store #240 Cannibalization Map

405

55

Store #240 Sales w/i TA: 39
$134,309
405
Store #240 Total Sales:
$3,307,392 405

Cannibalization: John Wayne
4.1% 1 Airport

73 405

1

0 1
miles

Print Date: 8/5/20

TAS Demographic Snapshot Report

Proposed Sprouts Farmers Market
Calculated using TAS Retrieval

Jun 17, 2020 Latitude: 33.701467 Longitude: -117.970264

Talbert Ave & Magnolia St 5.00 7.00 10.00 12.00

Fountain Valley, CA 3.00 Mile Minute Minute Minute Minute
Total Pop
Male Pop Radius Drivetime Drivetime Drivetime Drivetime
Female Pop
Median AgePopulation 201,813 41,175 87,726 182,052 284,172
Pop Density (per sq.mi.)Demographics
Full-Time Employees 49.1% 48.6% 48.9% 49.0% 49.2%
Establishments
50.9% 51.4% 51.1% 51.0% 50.8% This report was produced using data from private and government sources deemed to be reliable and is herein provided without representation or warranty.

42.0 44.2 42.0 41.6 41.3

7,298.9 7,649.1 7,773.6 7,223.3 7,363.1

93,065 22,647 45,563 95,831 137,211

7,113 1,879 3,738 7,302 9,979

Income Median HH Inc $85,638 $86,424 $82,095 $82,333 $83,484
Per Cap Inc $39,760 $38,393 $36,251 $37,238 $37,296
Avg HH Inc $112,184 $109,745 $104,750 $107,046 $108,790

Households Total HH 73,714 14,690 31,045 65,263 100,637
Avg HH Size 2.8 2.9 2.9 2.9 2.9
Race/ Ethnicity Owner Occupied Housing
Renter Occupied Housing 61.4% 69.0% 61.9% 59.9% 59.6%
PopStats Vacant Housing 35.2% 28.4% 35.3% 36.6% 36.7%
Educational 3.4% 2.6% 2.9% 3.5% 3.6%
Attainment White
Black 53.6% 56.1% 52.1% 50.0% 48.1%
Asian or PI 0.9% 0.8% 0.8% 0.9% 1.0%
Other 22.5% 22.9% 21.8% 24.7% 25.8%
Hispanic 3.8% 3.9% 3.8% 3.8% 3.6%
Non-Hispanic 19.2% 16.3% 21.5% 20.6% 21.5%
# Bachelors 80.8% 83.7% 78.5% 79.4% 78.5%
# Masters 36,332 7,440 15,311 31,626 48,593
# Professional 13,796 3,044 5,678 11,668 17,875
# Doctorate 3,482 918 1,456 2,976 4,718
# Bachelors + 2,057 449 832 1,783 2,569
% Bachelors + 55,668 11,851 23,277 48,053 73,755
39.1% 40.2% 37.7% 37.5% 37.0%

PopStats Market Basket $60.83 $61.03 $60.66 $60.69 $60.67
Spending
Patterns

PopStats Population Forecast 204,025 41,214 88,421 183,496 286,540
Basic 0.2% 0.0% 0.2% 0.2% 0.2%
Forecast % Growth
Variables
Specialty Grocers Store Count
Competition Specialty Grocers Weekly Sales 3 0 1 3 4
Conventional Grocers Store Count 1,300 0 350 1,300 1,875
Target Customer Groups Conventional Grocers Weekly Sales 4
Excess/(Deficient) Potential: 14 1,175 5 15 21
5,425 1,338 1,350 6,025 7,975
Health Enthusiast 5,552 3,621 3,724 7,390
Experience Seeker 12,675
Adventurous Chef 65,485 7,836 28,072 59,589 92,874
Shopping Avoider 40,603 6,327 17,516 37,307 58,196
Convenience Seeker 32,781 4,674 14,362 30,389 47,484
Coupon Clipper 20,504 5,016 9,093 17,901 27,963
Target Customer Pop 21,979 4,648 9,684 19,132 29,866
% Health Enthusiast 20,462 20,511 8,999 17,734 27,790
% Experience Seeker 106,087 30.8% 45,588 96,896 151,069
% Adventurous Chef 32.4% 19.0% 32.0% 32.7% 32.7%
% Shopping Avoider 20.1% 15.4% 20.0% 20.5% 20.5%
% Convenience Seeker 16.2% 11.4% 16.4% 16.7% 16.7%
% Coupon Clipper 10.2% 12.2% 10.4% 9.8% 9.8%
% Target Customer 10.9% 11.3% 11.0% 10.5% 10.5%
10.1% 49.8% 10.3% 9.7% 9.8%
52.6% 52.0% 53.2% 53.2%

© 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
Fountain Valley 2022 24,000 TA 15 $26.00 $16.63 $6.60 $32.60 $3.0M TIA @ 7.5% COF = $9.38 effec�ve rent
Comps: Year Size BTS/TA Term Min. Rent Net of TA NNN Gross rent Comments
Whole Foods 2019 44,920 $24.96 $29.46 Backfill of former OSH. WF to open 4th Q 2020.
Brookhurst & Adams TA 10 $4.50
Hun�ngton Beach
24 Hour Fitness 2017 33,522 TA 10 $21.84 $21.84 $6.26 $28.10 Backfill of former Ralph's. As-is no TIA.
Magnolia & Atlanta
Hun�ngton Beach 2017 43,343 TA 10 $22.00 $19.00 $6.00 $28.00 Basic shell plus $40. 2 Level building behind office building.
UFC GYM
Beach & Warner 2017 18,000 BTS 10 $17.00 $6.30 $23.30 New construc�on.
Hun�ngton Beach
Grocery Outlet 2018 50,000 TA 10 $18.72 $17.22 $6.70 $25.42 Backfill of 2 level Sport Chalet. As-is with $20 TA.
Brookhurst & Garfield
Fountain Valley 2019 27,246 TA 10 $28.00 $25.75 $7.50 $35.50 2nd level space. $30 TA
Bobs Furniture
Beach & Stark 2020 31,000 TA 10 $48.00 $45.75 $9.00 $57.00 As-Is with $30 TIA. Former Hardware store. Medical user beat
Hun�ngton Beach
Bloomingdales Outlet out Amazon and Haog Hospital.
Metropoint
Costa Mesa
Medical User
Harbor & Mesa Verde
Costa Mesa

DOWNEY

Downey Landing

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 19
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 6 115 104

Print Date: 7/23/20



SITE SUMMARY – DOWNEY, CA 20.7%

IRR $371
Sales Forecast 51,703
Target Customer Count
Traffic Counts 48,000
Visibility / Access Good
Parking
Co-Tenancy 156 Spaces
Size
Standard / Not Standard Layout Best Buy, Petsmart, Ross,
Rent Marshalls, Michaels,
DSW, LA Fitness
Meets or exceeds Some issues Needs Discussion
30,394

Standard

$22.00/psf

Downey Landing

Downey, CA

$211 5 605

$57 $538 3 Mile
$307

$173

$269 $77
$269
$211

$307

$307 $346 WHITTIER

SOUTH GATE 3 Mile Grocery Sales
Conventional: $4.72M
$365 $134 $384 DOWNEY
$557 Specialty: $00M
710 Ethnic: $2.06K $442 9.9 Miles
$269
$115

$398 $346
Whittier
$96

$365

$288 $115

$692 SUBJECT

$384

$269

$211M 5 LA MIRADA

$461

105 $384 10.2 Miles

$390 $173
La Habra

105

$250

605

$538
$346

6.8 Miles NORWALK

$134 PARAMOUNT

COMPTON $6M $211

$519 $96

$673 $384 $346

$394 Last update Aug. 2020
Cerritos

© 2018 CBRE, Inc. 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.

Downey Landing

Downey, CA

Monument Stewart & Gray Road 16,500 ADT
Sign
HARBOR
Pylon FREIGHT
Sign TOOLS

31,500 ADT 30,394 SF SUBJECT

Lakewood Blvd Bellflower Blvd

21,500 ADT

10,200 ADT

Clark Ave Steve Horn Way

3,500 Employees Last update Aug. 2020
5,000 Patients Daily

© 2018 CBRE, Inc. 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.

Downey Landing

Downey, CA

El Pescador Stewart and Gray Rd.Johnny
Verizon Wireless Carino’s
Philly’s Best Chilli’s
Rubio’s
Starbucks HARBOR
Jimmy John’s FREIGHT
Gourmet Sandwiches TOOLS
Jamba Juice
Zen Chinese Kitchen
Coldstone Creamery
Ono Hawaiian BBQ

Freeway Insurance Monument 156 Primary PREMISES Bellflower Blvd.
Edible Arrangements Sign Parking Stalls 30,394 SF
Vitamin Shoppe
Pylon
Lakewood Blvd.Sign

COZY
FOX

OneWest Bank Nail Spa

Dental
Pro

Menchie’s
Protected Area
Primary Parking Area Last update Aug. 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.

Downey Landing

Downey, 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 Aug. 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.

Downey Landing

Downey, 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 Aug. 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.

Downey Landing

Downey, 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 Aug. 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.

Downey Landing

Downey, 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 Aug. 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 Potentia7l2 $5,379
$3,350
Lakewood Blvd & Stewart and Gray Rd, Downey, CA Total Potential: $2,029
Competition Share:
Target Customer Map Available Potential:

710 605
19
90

90

605

19

Trade Area has 1.0% Annual Growth. 710

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

Population: 32,626 75,855 174,207 89,317 269,083 91
Daytime Pop: 18,325 31,397 55,823 35,996 78,819
Median HH Inc: $65,570 $66,969 $68,687 $68,904 $66,602 01
Per Capita Inc: $23,713 $24,121 $24,404 $26,230 $23,414
Bachelor's#: 4,319 9,903 22,071 12,769 31,808 miles
Bachelor's%: 20.6% 20.2% 19.5% 22.0% 18.3%
Target Customer #: 18,821 44,072 100,992 51,703 155,737
Target Customer %: 57.7% 58.1% 58.0% 57.9% 57.9%

Print Date: 7/31/20

Proposed Sprouts Farmers Market 19 605
19
Lakewood Blvd & Stewart and Gray Rd, Downey, CA

Store #426 Cannibalization Map

710

90

90
39

Store #426 Sales w/i TA: 19 605
$93,735 91
710
Store #426 Total Sales: 605
$3,505,289

Cannibalization:
2.7%

5
91

47 19 5
710 5

710

0 2

Print Date: 7/31/20 miles

TAS Demographic Snapshot Report

Proposed Sprouts Farmers Market
Calculated using TAS Retrieval

Jul 31, 2020 Latitude: 33.926833 Longitude: -118.130298

Lakewood Blvd & Stewart and Gray Rd 5.00 7.00 10.00 12.00

Downey, CA 3.00 Mile Minute Minute Minute Minute
Total Pop
Male Pop Radius Drivetime Drivetime Drivetime Drivetime
Female Pop
Median AgePopulation 269,083 32,626 75,855 174,207 299,509
Pop Density (per sq.mi.)Demographics
Full-Time Employees 49.0% 48.9% 48.9% 49.0% 49.1%
Establishments
51.0% 51.1% 51.1% 51.0% 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.

34.8 34.7 34.8 35.0 34.3

9,684.2 9,746.0 9,834.9 9,454.1 9,913.3

78,819 18,325 31,397 55,823 91,362

4,726 865 1,641 3,295 5,406

Income Median HH Inc $66,602 $65,570 $66,969 $68,687 $65,180
Per Cap Inc $23,414 $23,713 $24,121 $24,404 $22,239
Avg HH Inc $82,221 $77,980 $80,819 $84,573 $80,711

Households Total HH 79,509 10,305 23,549 52,152 85,593
Avg HH Size 3.5 3.3 3.3 3.5 3.6
Race/ Ethnicity Owner Occupied Housing
Renter Occupied Housing 50.5% 36.8% 43.6% 51.9% 51.1%
PopStats Vacant Housing 45.4% 58.9% 52.1% 44.0% 44.8%
Educational 4.2% 4.3% 4.3% 4.1% 4.1%
Attainment White
Black 13.7% 14.5% 14.3% 14.2% 11.9%
Asian or PI 5.1% 4.6% 4.8% 5.1% 6.2%
Other 6.8% 6.2% 6.6% 6.8% 6.2%
Hispanic 1.7% 1.4% 1.6% 1.7% 1.7%
Non-Hispanic 72.8% 73.3% 72.6% 72.2% 74.1%
# Bachelors 27.2% 26.7% 27.4% 27.8% 25.9%
# Masters 22,296 3,007 6,738 15,199 22,978
# Professional 7,436 1,021 2,472 5,388 7,474
# Doctorate 1,392 137 411 959 1,399
# Bachelors + 684 155 282 524 695
% Bachelors + 31,808 4,319 9,903 22,071 32,546
18.3% 20.6% 20.2% 19.5% 16.9%

PopStats Market Basket $60.09 $59.89 $60.03 $60.17 $60.00
Spending
Patterns

PopStats Population Forecast 282,041 34,165 79,452 182,593 314,508
Basic 0.9% 0.9% 0.9% 0.9% 1.0%
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
Conventional Grocers Weekly Sales 26 3 10 17 28
Excess/(Deficient) Potential: 8,800 1,250 3,850 6,700 9,825
7,369 704 703 3,783 8,147
Health Enthusiast
Target Customer Groups Experience Seeker 86,961 10,391 24,438 56,446 96,668
Adventurous Chef 68,776 8,430 19,634 44,546 76,526
Shopping Avoider 57,399 7,206 16,433 36,839 64,407
Convenience Seeker 18,984 2,226 5,200 12,337 20,945
Coupon Clipper 20,251 2,370 5,545 13,178 22,567
Target Customer Pop 16,713 2,002 4,605 10,862 18,395
% Health Enthusiast 155,737 18,821 44,072 100,992 173,195
% Experience Seeker 32.3% 31.8% 32.2% 32.4% 32.3%
% Adventurous Chef 25.6% 25.8% 25.9% 25.6% 25.6%
% Shopping Avoider 21.3% 22.1% 21.7% 21.1% 21.5%
% Convenience Seeker 7.1% 6.8% 6.9% 7.1% 7.0%
% Coupon Clipper 7.5% 7.3% 7.3% 7.6% 7.5%
% Target Customer 6.2% 6.1% 6.1% 6.2% 6.1%
57.9% 57.7% 58.1% 58.0% 57.8%

© 2014 , Trade Area Systems Data Source:

Proposed deal: Year Size Market Comp Worksheet Gross Rent Comments
SPROUTS
Downey BBB 2022 30,394 BTS/TA Term Min. Rent Min. Rent NNN $29.44 LL in nego�a�ons with BBB for 2 year renewal. Term exires
Net of TA 1/31/2021. 1.5M in TIA = $3.70 rent
Comps: Year Size
ALDI 2017 20,000 TA 10 $22.00 $18.30 $7.44 Gross Rent Comments
Lakewood & Firestone Stand Alone Ground lease. ADLI took the property As-Is.
Downey BTS/TA Term Min. Rent Net of TA NNN
Ground 15 $275 / Yr
Burlington lease
Lakewood & Apollo
Downey 2017 34,054 BTS 10 $19.00 $8.02 $27.02 $130 / PSF BTS. Tenant is paying 2% percentage rent over natural
ALDI $20.50 breakpoint.
Bellflower & Harvard 2019 35,000 TA 10 $15.50 $15.50 $5.00
Bellflower ALDI took former Ralphs As-is and sublet the excess. Self maintain
with $2.00 Tax.