1625 S. ALAMEDA STRANCHO DOMINGUEZ, CA 90220

OFFERING MEMORANDUM

SINGLE-TENANT NNN INVESTMENT FOR SALE

P \\ 562.568.2018E \\ mlee@lee-associates.com

Michael LeeSenior Vice President | License ID # 01703179

P \\ 562.568.2016E \\ tngo@lee-associates.com

Tai Ngo, CCIMVice President | License ID # 01779172

P R E S E N T E D B Y :

LEE & ASSOCIATES® - INDUSTRY, INC.13181 Crossroads Pkwy North, Suite 300City of Industry, CA 91746P \\ 562.699.7500 F \\ 562.695.3133

WWW.LEE-ASSOCIATES.COMThe information contained herein is obtained from sources believed to be reliable. However, we have not verifi ed it and make no guarantees, warranties or representations as to the completeness or accuracy thereof. The presentation of this property is used for example and is submitted subject to errors, omissions, change of price or conditions, and is subject to prior sale, lease or withdrawal without notice.

Confi dential Memorandum & Disclaimer

This Offering Memorandum contains select information pertaining to the business and affairs of Wells Fargo Bank, N.A.. It has been prepared by Lee & Associates. This Offering Memorandum may not be all-inclusive or contain all of the information a prospective purchaser may desire. The information contained in this Offering Memorandum is confidential and furnished solely for the purpose of a review by a prospective purchaser of the Property. It is not to be used for any other purpose or made available to any other person without the written consent of Seller or Lee & Associates.

The material is based in part upon information supplied by the Seller and in part, upon fi nancial information obtained from sources it deems reliable. Owner, nor their offi cers, employees, or agents makes any representation or warranty, express or implied, as to the accuracy or completeness of this Off ering Memorandum or any of its contents and no legal liability is assumed or shall be implied with respect thereto. Prospective purchasers should make their own projections and form their own conclusions without reliance upon the material contained herein and conduct their own due diligence.

By acknowledging your receipt of this Off ering Memorandum from Lee & Associates, you agree:

1. The Off ering Memorandum and its contents are confi dential;2. You will hold it and treat it in the strictest of confi dence; and3. You will not, directly or indirectly, disclose or permit anyone else to disclose this Off ering Memorandum or its contents in any fashion or manner detrimental to the interest of the Seller.

Owner and Lee & Associates expressly reserve the right, at their sole discretion, to reject any and all expressions of interest or off ers to purchase the Property and to terminate discussions with any person or entity reviewing this Off ering Memorandum or making an off er to purchase the Property, unless and until a written agreement for the purchase and sale of the Property has been fully executed and delivered.

If you wish not to pursue negotiations leading to the acquisition of Wells Fargo Bank, N.A., or in the future you discontinue such negotiations, then you agree to purge all materials relating to this Property, including this Off ering Memorandum.

A prospective purchaser’s sole and exclusive rights with respect to this prospective transaction, the Property, or information provided herein or in connection with the sale of the Property, shall be limited to those expressly provided in an executed Purchase Agreement and shall be subject to the terms thereof. In no event shall a prospective purchaser have any other claims against Seller or Lee & Associates or any of their affi liates or any of their respective offi cers, Directors, shareholders, owners, employees, or agents for any damages, liability, or causes of action relating to this solicitation process or the marketing or sale of the Property.

This Off ering Memorandum shall not be deemed to represent the state of aff airs of the Property or constitute an indication that there has been no change in the state of aff airs of the Property since the date this Off ering Memorandum.

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PROPERTY OVERVIEWFEE SIMPLE NNN LEASEWe are pleased to off er to qualifi ed investors an opportunity to invest in a single tenant Wells Fargo triple net leased asset. This bank branch contains an original base term of fi fteen (15) years that commenced in December 2007 and includes 3 - 5 year options. There are 10% rental escalations every fi ve (5) years, including all option periods. Ownership is fee simple (land and improvements); the asset consists of 4,992 rentable square feet of improvements on 41,555 square feet of land.

Corporate signature lease with Wells Fargo Bank, N.A. (NYSE: WFC) - currently rated “AA-” by Standard & Poor and “Aa3” by Moody’s. It holds over $1.6 Trillion in assets and boasts a market cap of over $268.96 Billion (world’s largest bank by market cap). In February 2014, Wells Fargo was named the world’s most valuable bank brand for the 2nd year running in The Banker and Brand Finance and ranked no. 29 on Fortune’s 2014 America’s largest corporations. This off ering represents a great opportunity to acquire a seasoned, investment grade investment asset under an excellent single tenant triple net lease with attractive rental increases and strong location fundamentals.

INVESTMENT HIGHLIGHTS

+ Rare Southern California Wells Fargo Bank Investment Opportunity

+ Best in class investment grade single tenant triple net leased asset - Wells Fargo Bank, N.A. (NYSE:WFC)

+ Corporate signature lease with top investment grade tenant - S&P Rated AA-, Moody’s Rated Aa3

+ Fee simple ownership - not a ground lease; Investor may depreciate the improvement to enhance after-tax returns

+ 8 Years remaining on an initial 15 year term with fi xed 10% rent increases every 5 years

+ 2007 build-to-suit construction with drive-thru lanes

+ Low Management - constructed in November 2007, no Diff ered maintenance

+ High credit bank tenant requires limited oversight

+ Ideal 1031 exchange property - long term NNN leased, highly stable with almost no management responsibility

+ Wells Fargo was named the world’s most valuable bank brand for the 2nd year

LOCATION HIGHLIGHTS

+ Located within the dominant shopping destination in the trade area, Gateway Towne Center, a ±500,000 SF Power Center

+ Co-tenants in the project include: Target, Home Depot, Best Buy, 24 Hour Fitness, Staples, Starbucks, Panda Express, McDonald’s, AT&T Wireless, Chipotle, Marshalls, Anna’s Linens, Petsmart, Ross, El Pollo Loco, and other national retailers and restaurants.

+ Directly adjacent to th 91 Freeway with clear visibility - Wells Fargo has a panel on the large freeway pylon sign facing the 91 Freeway

+ Immediate access to the 91, 110, 405 and 710 Freeways

+ Directly adjacent to the Artesia Metro Blue Line Station

+ Located in the California Enterprise Zone

DEAL SUMMARYAddress: 1625 S. Alameda St.

Rancho Dominguez, CA 90220

Building Size: ±4,992 SF

Land Size: ±41,555 SF

Price: $5,100,000

Gross Income: $235,950

Expenses: $0

NOI: $235,950

* CAP Rate: 4.63%

Ownership: Fee Simple

Parking: 37

Zoning: COMH

Stories: Single

Street Frontage: ±195 Feet Along Alameda St.

Annual Rent

Year Rent

Year 1-5: $195,000

Year 6-10: $214,500

* Year 11-15: $235,950

Option Periods

Year 16-20 $259,545

Year 21-25: $285,500

Year 26-30: $314,049

Demographics (2014 Est.)

3 Mile 5 Mile

Population: 263,278 706,171

Average HH Income: $56,802 $59,661

Traffi c Counts

205,000 Cars Per Day (East & West) Along the 91 Freeway

* As of December 2017

LEASE ABSTRACTTenant: Wells Fargo Bank, N.A.

Date of Lease: May 24, 2007

Lease Commencement: December 1, 2007

Lease Expiration: November 30, 2022

Lease Options: Three, 5 Year Options

Lease Escalations: 10% Every 5 Years

Lease Type: Triple Net (NNN)

Use: Financial Services

Common Area ExpensesTenant pays its pro rata share of Common Area Expenses, including a management fee not to exceed ten (10%) of such Common Area Expenses.

Property TaxesTenant reimburses. No “Prop 13” protection

InsuranceTenant to carry and maintain at Tenant’s sole cost and expense public liability insurance with minimum combined single limit of $5,000,000 per occurrence, plus any other insurance reasonably required by Landlord and Landlord’s mortgagee.

UtilitiesTenant pays directly

Repairs and MaintenanceTenant shall keep all portions of the building, structural and non-structural, the sidewalks and landscaping immediately surrounding the building and all portions of the premises located within the Building Pad Limit line, the Pad Monument Sign and the ATM drive-through lane in good condition and repair, reasonable wear and tear and obsolescence excepted. All repairs that Tenant is obligated to make shall be at the expense of Tenant. Landlord shall maintain and make all necessary repairs and replacements to the portions of the Common Areas Landlord is obligated to maintain under the OEA in the condition and repair required under the OEA, including without limitation the main water and sewer lines serving the Premises up to the point of connection to the building. Such expenses incurred by Landlord are included within Common Area Expenses.

Alterations and ImprovementsTenant may pay alterations to the premises provided that they do not interfere with the structural integrity of the Premises.

Tenant Assignment and SublettingTenant may assign or sublet Premises without Landlord’s prior consent if assignment is to an affi liate of Tenant or the result of a merger. Any other assignment or Sublease requires Landlord’s prior written consent. Notwithstanding any assignment or subletting of Premises, Tenant shall remain primarily liable under the terms and conditions of the Lease.

Tenant SummaryWells Fargo & Company (NYSE: WFC) is a nationwide, diversifi ed, community-based fi nancial services company with $1.6 trillion in assets. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial fi nance through more than 9,000 locations, 12,500 ATMs, and the internet (wellsfargo.com), and has offi ces in 36 countries to support customers who conduct business in the global economy. With approximately 265,000 team members, Wells Fargo serves 1 in 3 households in the United States. In February 2014, Wells Fargo was named the world’s most valuable bank brand for the 2nd year running in The Banker and Brand Finance and was ranked No. 29 on Fortune’s 2014 rankings of America’s largest corporations. Wells Fargo’s vision is to satisfy all our customers’ fi nancial needs and help them succeed fi nancially.

Type: Publicly Traded

Traded As: NYSE: WFC

Industry: Banking & Financial Services

S&P Rating: AA-

Moody’s Rating: Aa3

Founded: New York City, US (March 1852)

Founders: Henry Wells & William Fargo

Headquarters: San Francisco, California, United States

Area Serviced: Global

Products:Consumer Banking, Corporate Banking, Credit Cards, Finance and Insurance, Foreign Currency Exchange, Investment Banking, Mortgage Loans, Private Banking, Private Equity, Wealth Management

Revenue: US $83.78 Billion (2013)

Operating Income: US $32.62 Billion (2013)

Profi t: US $21.87 Billion (2013)

Total Equity: US $170.1 Billion (2013)

Website: wellsfargo.com

ADDITIONAL PHOTOS

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BESTBUY

CRYSTAL CASINO

DEL TACO

PANDA EXPRESST.G.I.FRIDAYS

MARSHALLS

PETSMART

24 HOUR FITNESS

AT&T WIRELESS

TARGET

ROSS

PARTY CITY

GATEWAAYY TTOOWWNN CENTTEER (AERIAL)