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o f f e r i n g m e m o r a n d u m

DUNKIN’ DONUTS & BASKIN ROBBINS

3 4 3 5 P e a c h t r e e I n d u s t r i a l B l v d | D u l u t h , g a

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EXECUTIVE SUMMARY

FINANCIAL OVERVIEW

AREA OVERVIEW

TENANT OVERVIEW

Kyle MatthewsBROKER OF RECORDLIC # 67120 (GA)

Jon PraterAssociateJON.PRATER@MATTHEWS.COMDIR 949.432.4516MOB 626.483.0780LIC # 02013987 (CA)

BROKER OF RECORD

CONTENTS

LISTED BY

Aron ClineSVP & Senior DirectorARON.CLINE@MATTHEWS.COMDIR 949.432.4509MOB 818.632.0233LIC # 01904371 (CA)

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E X E C U T I V EO V E R V I E W

I N V E S T M E N T H I G H L I G H T SRecently executed 20-year lease extension • ±22.5 Years Remaining

Upcoming Remodel• ±400k Dunkin’ Donuts “Next Generation” remodel planned

for 2020

Affluent Demographics • Average household Income exceeds $119,000 within 3 & 5

Miles • 194,000+ residents within a 5-mile radius

Strategically Located Real Estate • Out-parceled to Kroger anchored shopping center with LA

Fitness, McDonald’s, Wells Fargo Bank, GNC, Supercuts, Shell and GNC

• Highly visible to ±40,000 VPD intersection

Absolute NNN Lease with Increases • Zero landlord responsibilities • 10% rental increases every 5 years

Strong E-Commerce Proof Tenant • The subject property is 100% occupied by a strong e-com-

merce proof tenant whose services cannot be purchased online

EXECUTIVE SUMMARY

Property Name Dunkin’ Donuts & Baskin Robbins

Property Street 3435 Peachtree Industrial Blvd

City, State, Zip Duluth, GA 30096

GLA ±3,315 SF

Lot SIze 0.49 AC (±21,344 SF)

Year Built 1995

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F I N A N C I A LO V E R V I E W

ANNUALIZED OPERATING DATA

Monthly Rent Annual Rent Increases Cap RateCurrent - 7/31/2020 $11,684.75 $140,217.00 10% 6.33%

8/1/2020 - 7/31/2025 $9,500.00 $114,000.00 10% 5.15%

8/1/2025 - 7/31/2030 $10,450.00 $125,400.00 10% 5.67%

8/1/2030 - 7/31/2035 $11,495.00 $137,940.00 10% 6.23%

8/1/2035 - 7/31/2040 $12,644.50 $151,734.00 10% 6.85%

Blended Return 6.02%

TENANT SUMMARY

Tenant Trade Name Dunkin' Brands

Type of Ownership Fee Simple

Lease Guarantor Franchisee

Lease Type NNN

Roof & Structure Tenant Responsible

Original Lease Term 20 years

Rent Commencement Date 8/1/2000

Lease Expiration Date 7/30/2040

Term Remaining ±22.5 Years (Recent 20-Year Renewal)

Increases 10% Every 5 Years

Options Four, 5-Year Options

FINANCIAL HIGHLIGHTS

LIST PRICE

$2,213,592

AVG. CAP RATE

6.02%

TERM REMAINING

±22.5 Years

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T e n a n to v e r v i e w

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C O M P A N Y T R A D E N A M ED U N K I N ’ B R A N D S (NASDAQ: DNKN)

H E A D Q U A R T E R E DC A N T O N , M A S S A C H U S S E T S

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W E B S I T EW W W . D U N K I N D O N U T S , C O M

# O F L O C A T I O N S± 1 1 , 5 0 0

Y E A R F O U N D E D1 9 6 3

DUNKIN’ DONUTSDunkin’ Donuts is the world’s leading baked goods and coffee chain, serving more than 3-million customers every day. Since its founding in 1950, Dunkin’ Donuts has earned the #1 ranking for customer loyalty in the coffee category for a consecutive nine years and a market leader in sales of hot, decaffeinated and flavored coffee, iced coffee, bagels, donuts, and muffins. It is a subsidiary of Dunkin’ Brands, Inc., one of the world’s leading franchisors of quick-service restaurants that also operates the Baskin-Robbins chain.

Named the top ice cream and frozen dessert franchise in the United States by Entrepreneur magazine’s 35th annual Franchise 500® ranking, Baskin-Robbins is the world’s largest chain of ice cream specialty shops. Baskin Robbins creates and markets innovative, premium ice cream, specialty frozen desserts, and beverages, providing quality and value to consumers at nearly 7,300 retail shops in nearly 50 countries. Baskin-Robbins was founded in 1945 by two ice cream enthusiasts whose passion led to the creation of more than 1,000 ice cream flavors and a wide variety of delicious treats. Headquartered in Canton, Mass., Baskin-Robbins is part of the Dunkin’ Brands Group, Inc. (Nasdaq: DNKN) family of companies.

AN INDUSTRY LEADERDunkin’ Brands continues to pursue innovative menu choices through the collaboration of their culinary team of acclaimed chefs and their research and development team. From new types of coffee creations and flavors to limited time offers, Dunkin’ Donuts is constantly searching for products their patrons will love. With over 130 years of franchising experience, Dunkin’ Brands continues to deliver food and beverages quickly, affordable, and conveniently in a welcoming environment through the Dunkin’ Donuts brand.

BASKIN ROBBINS

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Oceanside Blvd ± 31,792

PARCEL MAP

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the offering

Property Name Dunkin’ Donuts & Baskin Robbins

Property Address3435 Peachtree Industrial Blvd

Duluth, GA 30096

Assessor’s Parcel Number 6-321-165

Site DescriptionNumber of Stories One

Year Built 1995

GLA ±3,315 SF

Lot Size 0.49 Acres (±21,344 SF)

Type of Ownership Fee Simple

Landscaping Professional

Topography Generally Level

s u r r o u n d i n g t e n a n t s 9

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DULUTH, GADEMOGRAPHICS

Duluth, GA is a city that embraces the phrase, “Spirit of Good Living.” Duluth is a community about 27 miles northeast of Atlanta, GA. Duluth is a culturally vibrant community, hosting various annual events including Art Week, Duluth Fall Festival, Howl on the Green, and other events that draw crowds to the city. These events are held in the thriving and restored historic Downtown Duluth. The Arena at Gwinnett Center is Gwinnett County’s primary entertainment venue. Being a suburb of Atlanta, Duluth is home to many daily commuters and was named 26th in “America’s Best Places to Move,” by Forbes Magazine.

POPULATION 1 Mile 3 Mile 5 Mile

2023 Projection 6,903 73,984 207,942

2018 Estimate 6,750 69,547 194,234

Growth 2010- 2018 2.46% 12.08% 14.35%

HOUSEHOLDS 1 Mile 3 Mile 5 Mile

2023 Projection 2,859 27,036 72,532

2018 Estimate 2,788 25,503 68,000

Growth 2010 - 2017 3.15% 11.11% 13.20%

INCOME 1 Mile 3 Mile 5 Mile

2017 Est. Average Household Income

$86,307.37 $119,626.70 $121,829.40

A R E AO V E R V I E W

“ T O P 1 0 City for Best American Values” -NewsMax

“ B E S T A F F O R D A B L E Suburbs in America” -Bloomberg Businessweek

“ T O P 1 0 S A F E S T City to Live”

-Movoto

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A T L A N T A , G A

Atlanta is the capital of and the most populous city in the U.S. state of Georgia. Atlanta is the cultural and economic center of the Atlanta metropolitan area, home to 5,522,942 people and the ninth largest metropolitan area in the United States. Atlanta is an “alpha-” or “world city”, exerting a significant impact upon commerce, finance, research, technology, education, media, art, and entertainment. It ranks 36th among world cities and 8th in the nation with a gross domestic product of $270 billion.

Atlanta is home to professional franchises for three major team sports: the Atlanta Braves of Major League Baseball, the Atlanta Hawks of the National Basketball Association, and the Atlanta Falcons of the National Football League. Due to the more than 30 colleges and universities located in the city, Atlanta is considered a center for higher education.

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ECONOMY

Atlanta’s economy is considered diverse, with dominant sectors including logistics, professional and business services, media operations, and information technology. Corporate operations comprise a large portion of the Atlanta’s economy, with the city serving as the regional, national, or global headquarters for many corporations. Atlanta contains the country’s third largest concentration of Fortune 500 companies, and the city is the global headquarters of corporations such as The Coca-Cola Company, The

Home Depot, Delta Air Lines, AT&T Mobility, Chick-fil-A, UPS, and Newell-Rubbermaid. Over 75 percent of Fortune 1000 companies conduct business operations in the Atlanta metropolitan area, and the region hosts offices of about 1,250 multinational corporations. Many corporations are drawn to Atlanta on account of the city’s educated workforce; as of 2010, nearly 43% of adults in the city of Atlanta have college degrees, compared to 27% in the nation as a whole.

This Offer ing Memorandum contains select informat ion pertaining to the business and af fa i rs of Dunkin’ Donuts & Baskin Robbins located at 3435 Peachtree Industrial Blvd, Duluth GA 30096 (“Property”) . I t has been prepared by Matthews Real Estate Investment Services. This Offer ing Memorandum may not be al l - inclusive or contain a l l of the informat ion a prospect ive purchaser may desire. The informat ion contained in th is Offer ing Memorandum is conf ident ia l and furnished solely for the purpose of a review by a prospect ive purchaser of the Property. I t is not to be used for any other purpose or made avai lable to any other person without the wri t ten consent of Sel ler or Matthews Real Estate Investment Services. The mater ia l is based in part upon informat ion suppl ied by the Sel ler and in part upon f inancial informat ion obtained from sources i t deems rel iable. Owner, nor their of f icers , employees, or agents makes any representat ion or warranty, express or impl ied, as to the accuracy or completeness of th is Offer ing Memorandum or any of i ts contents and no legal l iabi l i ty is assumed or shal l be impl ied with respect thereto. Prospect ive purchasers should make their own project ions and form their own conclusions without rel iance upon the mater ia l contained herein and conduct their own due di l igence.

By acknowledging your receipt of th is Offer ing Memorandum for the Property, you agree:

1 . The Offer ing Memorandum and i ts contents are conf ident ia l ;

2 . You wi l l hold i t and treat i t in the str ictest of conf idence; and

3. You wi l l not , d i rect ly or indirect ly, d isclose or permit anyone else to disclose this Offer ing Memorandum or i ts contents in any fashion or manner detr imental to the interest of the Sel ler.

Owner and Matthews Real Estate Investment Services expressly reserve the r ight , at their sole discret ion, to reject any and al l expressions of interest or of fers to purchase the Property and to terminate discussions with any person or ent i ty reviewing this Offer ing Memorandum or making an of fer to purchase the Property unless and unt i l a wr i t ten agreement for the purchase and sale of the Property has been ful ly executed and del ivered.

I f you wish not to pursue negot iat ions leading to the acquis i t ion of the Property or in the future you discont inue such negot iat ions, then you agree to purge al l mater ia ls relat ing to th is Property including this Offer ing Memorandum.

A prospect ive purchaser ’s sole and exclusive r ights with respect to th is prospect ive t ransact ion, the Property, or informat ion provided herein or in connect ion with the sale of the Property shal l be l imited to those expressly provided in an executed Purchase Agreement and shal l be subject to the terms thereof. In no event shal l a prospect ive purchaser have any other c la ims against Sel ler or Matthews Real Estate Investment Services or any of their af f i l iates or any of their respect ive of f icers , Directors , shareholders, owners, employees, or agents for any damages, l iabi l i ty, or causes of act ion relat ing to th is sol ic i tat ion process or the market ing or sale of the Property.

This Offer ing Memorandum shal l not be deemed to represent the state of af fa i rs of the Property or const i tute an indicat ion that there has been no change in the state of af fa i rs of the Property s ince the date this Offer ing Memorandum.

C O N F I D E N T I A L I T Y & D I S C L A I M E R S TA T E M E N T

EXCLUSIVELY LISTED BY ™

Kyle MatthewsBROKER OF RECORDLIC # 67120 (GA)

Jon PraterAssociateJON.PRATER@MATTHEWS.COMDIR 949.432.4516MOB 626.483.0780LIC # 02013987 (CA)

BROKER OF RECORD

Aron ClineSVP & Senior DirectorARON.CLINE@MATTHEWS.COMDIR 949.432.4509MOB 818.632.0233LIC # 01904371 (CA)

DUNKIN’ DONUTS & BASKIN ROBBINS

3 4 3 5 P E A C H T R E E I N D U S T R I A L B LV D | D U L U T H , G A