Southeast Corner of Higley Road & Broadway Road – Mesa, Arizona

DOLLAR GENERAL PLAZAFOR SALE: $1,950,000

For further information contact: OFFERING HIGHLIGHTS

MICHAEL FRANKS602-393-0140

michael.franks@derito.com

JEFF SCHONBERGER602-553-2933

Jeff.schonberger@derito.com

9120 E Talking Stick Way, Ste E1Scottsdale, AZ 85250

o. 480.834.8500f. 602.381.1981

www.derito.com

New two tenant retail investment opportunity featuring Dollar General and JAZ Sport & Fitness

Parking lot re-surfaced in 2018

Located at the intersection of two major thoroughfares

Average household income of $62,244 within a 3-mile radius

15,200 Dollar General and Family Dollar stores nationwide

Densely populated location with 121,139 residents within a 3-mile radius

The material contained in this Investment Offering

Brochure is furnished solely for the purpose of

considering the purchase of the property within and is

not to be used for any other purpose. This information

should not, under any circumstances, be photocopied or

disclosed to any third party without the written consent

of De Rito Partners or Owner, or used for any purpose

whatsoever other than to evaluate the possible

purchase of the Property.

The only party authorized to represent the Property

Owner in connection with the sale of the Property is the

De Rito Partners’ agents listed in this proposal, and no

other person is authorized by the Owner to provide any

information or to make any representations other than

contained in this Investment Offering Brochure. If the

person receiving these materials does not choose to

pursue a purchase of the Property, this Offering

Brochure must be returned to De Rito Partners, Inc.

Neither the De Rito Partners’ agents nor the Owner

make any representation or warranty, expressed or

implied, as to the accuracy or completeness of the

information contained herein, and nothing contained

herein is or shall be relied upon as a promise or

representation as to the future performance of the

Property. This Offering Brochure may include certain

statements and estimates by De Rito Partners with

respect to the projected future performance of 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 De Rito

Partners’ agents and the Owner disclaim any and all

liability for representations or warranties, expressed or

implied, contained in or omitted from this Investment

Offering Brochure, or any other written or oral

communication transmitted or made available 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, fully executed 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 De Rito Partners’ agents, nor

any of their officers, employees, representatives,

independent contractors, or affiliates, for the accuracy

of completeness thereof. Recipients of this Investment

Offering Brochure are advised and encouraged to

conduct their own comprehensive review and analysis of

the Property.

This Investment 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,

to reject any and all expressions of interest to purchase

the Property and expressly reserves the right, at its sole

discretion, to terminate negotiations with any entity, for

any reason, at any time with or without notice. The

Owner shall have no legal commitment or obligation to

any entity reviewing the Investment Offering Brochure

or making an offer to purchase the Property unless and

until the Owner executes and delivers a signed Real

Estate Purchase Agreement on terms acceptable to

Owner, in Owner’s sole discretion. By submitting an

offer, a prospective purchaser will be deemed to have

acknowledged the foregoing and agreed to release the

Owner and the De Rito Partners’ agents 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 such

correspondence or statements as binding Owner. Only a

fully executed Real Estate Purchase Agreement shall

bind the Property, and each prospective purchaser

proceeds at its own risk.

DISCLAIMER/CONFIDENTIALITY

DOLLAR GENERAL PLAZA

Sale Price

Price Per SF

Lot Size

Building Size

Year Built

Zoning

Market

Sub Market

Cross Streets

Traffic Counts

$1,950,000

$134

1.59 acres

14,572 SF

2000

LC City of Mesa

Mesa Metro

Mesa

Higley Road and Broadway Road

Approximately 40,646 cars per day at the intersection

Property – The Dollar General Plaza consists of one “rectangular-shaped” retail building that wasconstructed in 2000 with a concrete structure. This property offering gives a potential investor theopportunity to acquire an attractive retail building at a price that is very competitive in the area.The property is cash flowing and there is a very good upside through leasing the vacant space.With the long-term stable tenants, the vacant space at Dollar Tree Plaza represents an exceptionalopportunity to purchase a solid investment at a great price.

Location – Located on the southeast corner of Higley Road and Broadway Road in the heart ofMesa, Arizona. The property rests on a major signalized intersection in a dense infill area. Thesubject property is also strategically located just 1½ miles north of the Interstate 60.

DOLLAR GENERAL PLAZA

INVESTMENT OVERVIEW

PROPERTY OVERVIEW

415 S. HIGLEY ROAD, MESA, AZ 85206

UnitNumber

Unit SizeTenant Name

Lease Start

LeaseEnd

Annual Rent

Increase Date

Increase Amount

% of GLA

Price Per/SF/Yr

101 9,637 SFDollar

General8/3/11 1/31/27 $90,000 2/1/22 $94,500 65% $9.34

102 4,935 SFJAZ

Family Sports

1/1/17 6/30/22 $39,3000 7/1/22 $42,000 34% $7.97

14,572 SF $129,300 $8.77

DOLLAR GENERAL PLAZA

RENT ROLL

*Verizon cell tower not included in this offering.

DOLLAR GENERAL PLAZA

415 S. HIGLEY ROAD, MESA, AZ 85206

FINANCIAL SUMMARY

Sale Price

Price Per SF

CAP Rate

Cash-on-Cash Return (Yr 1)

Total Return (Yr 1)

$1,950,000

$134.00

6.63%

6.63%

$129,300

INVESTMENT OVERVIEW

Gross Scheduled Income

Other Income

Total Scheduled Income

Gross Income

Operating Expenses

Net Operating Income

Pre-Tax Cash Flow

$180,801

$0

$180,801

$180,801

$51,501

$129,300

$129,300

OPERATING DATA

Base Rent

CAM Collection

GROSS INCOME

$129,300

$51,501

$180,801

INCOME SUMMARY

Common Area Maintenance

Taxes

Insurance

Arizona TPT

GROSS EXPENSES

$12,050

$34,519 (2018)

$2,050

$2,882

$51,501

EXPENSES SUMMARY

Net Operating Income $129,300

INCOME & EXPENSES

DOLLAR GENERAL PLAZA

LOCATION MAPS

DOLLAR GENERAL PLAZA

AERIAL/PARCEL MAPS

DOLLAR GENERAL PLAZA

415 S. HIGLEY ROAD, MESA, AZ 85206

DEMOGRAPHICS REPORT

Total Population

Total Number of Households

Estimated Average Household Size

Owner Occupied Median Home Value

Average Household Income

Median Age

Median Age – Male

Median Age – Female

Total Population – White

Total Percent – White

Total Population – Black

Total Percent – Black

Total Population – Asian

Total Percent – Asian

Total Population – Hawaiian or Pacific Islander

Total Percent – Hawaiian or Pacific Islander

Total Population – American Indian

Total Percent – American Indian

Total Population – Other

Total Percent – Other

Total Population – Hispanic

Total Percent - Hispanic

14,262

7,733

1.79

$120,980

$52,550

60.2

58.1

62.0

12,893

90.4%

332

2.3%

250

1.8%

15

0.1%

93

0.6%

421

3.0%

1,443

10.1%

1 Mile 3 Miles 5 Miles

116,117

51,966

2.21

$157,610

$62,244

45.1

42.7

47.2

97,193

83.7%

3,939

3.4%

2,892

2.5%

220

0.2%

1,223

1.1%

6,913

6.0%

18,785

16.2%

294,516

117,485

2.49

$171,388

$69,085

40.9

39.1

42.6

239,958

81.5%

9,284

3.2%

8,040

2.7%

752

0.3%

3,291

1.1%

23,477

8.0%

59,123

20.1%