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621 W. CARSON ST.CARSON, CA 90745 ABSOLUTE TRIPLE NET LEASED INVESTMENT15 YEAR LEASE - SEASONED OPERATOR

OFFERING MEMORANDUM | LISTED PRICE $1,800,000

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TABLE OF CONTENTSSECTION ONE 04EXECUTIVE PROFILE

SECTION TWO 10PROPERTY INFORMATION

© 2016 Hudson Commercial Partners, Inc. & BRC Advisors. The information contained in this document has been obtained from sources believed reliable. While Hudson Commercial Partners, Inc. & BRC Advisors does not doubt its accuracy, Hudson Commercial Partners, Inc. & BRC Advisors has not verified it and makes no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors, which should be evaluated by your tax, financial and legal advisors. 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.

Hudson Partners, Inc. & BRC Advisors and the Hudson Commercial Partners, Inc. & BRC Advisors logos are service marks of Hudson Commercial Partners, Inc. & BRC Advisors and/or its affiliated or related companies in the United States and other countries. All other marks displayed on this document are the property of their respective owners.

This Memorandum (“Offering Memorandum”) has been prepared by Hudson Partners, Inc. and BRC Advisors, Inc. based on information that was furnished to us by sources we deem to be reliable. No warranty or representation is made to the accuracy thereof; subject to correction of errors, omissions, change of price, prior sale, or withdrawal from market without notice.

This Memorandum is being delivered to a limited number of parties who may be interested in and capable of purchasing the Property. By its acceptance hereof, each recipient agrees that it will not copy, reproduce or distribute to others this Memorandum in whole or in part, at any time, without the prior written consent of Hudson Partners, Inc. and BRC Advisors, Inc., and it will keep permanently confidential all information contained herein not already public and will use this Confidential Memorandum only for the purpose of evaluating the possible acquisition of the Property.

This Memorandum does not purport to provide a complete or fully accurate summary of the Property or any of the documents related thereto, nor does it purport to be all-inclusive or to contain all of the information, which prospective buyers may need, or desire. All financial projections are based on assumptions relating to the general economy, competition and other factors beyond the control of the Owner and, therefore, are subject to material variation. This Memorandum does not constitute an indication that there has been no change in the business or affairs of the Property or the Owner since the date of preparation of this Memorandum.

This Memorandum is being delivered by Hudson Partners Inc. and BRC Advisors, Inc., to prospective purchasers with the understanding that all prospective purchasers will conduct their own independent investigation of those matters, which they deem appropriate in order to evaluate this offering. Additional information and an opportunity to inspect the site will be made available to interested and qualified prospective purchasers. Hudson Partners, Inc. and BRC Advisors, Inc., reserves the right to request the return of any or all of the information enclosed.

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SECTION 1 | EXECU

TIVE OVERVIEW

BRC ADVISORS & HUDSON COMMERCIAL PARTNERS, INC. - 76 - BRC ADVISORS & HUDSON COMMERCIAL PARTNERS, INC.

PROPERTY INFORMATION

site description Physical description

DESCRIPTION SPECIFICATION

BUILDING SF 1,915 SF

PARCEL SIZE 9,247 SF

APN 7343-007-044, 7343-007-050

NUMBER OF TENANTS Single-Tenant

FLOOR-TO-AREA RATIO 0.26

ZONING CAMU & CS

PARKING 9 Spaces

YEAR BUILT 1966

LOT DIMENSIONS 42’ x 148’

STREET FRONTAGE 190’ of Total Frontage

HIGHWAY ACCESS 110 Freeway

TRAFFIC COUNT ±27,484

DESCRIPTION SPECIFICATION

CONSTRUCTION TYPE Wood-Frame

ROOF Rolled Composition

FOUNDATION Construction

FIRE PROTECTION Sprinklers

HVAC Package Units

METERS Master Metered

PARKING LOT Asphalt Surface

TOPOGRAPHY Flat

ACCESS Carson Street

POWER 3 Phase Power

TENANCY Single-Tenant

LEASE Triple Net

LEASED INVESTMENT OVERVIEW

BRC Advisors and Hudson Partners is pleased to present an Absolute Triple Net Investment in the City of Carson. Tita Celia’ s has cultivated a loyal following among the Filipino community for over 25 years. It’s patrons travel beyond LA county lines to enjoy the food’ s authenticity of their motherland. Tita Celia’ s recipe has provided the platform to grow exponentially since It’ s inception and has kept its impeccable reputation among the Filipino community. Annual revenues are in excess of $1 million per year and operator is willing to personally guarantee a brand new 15 year at the close of escrow. The initial Cap Rate Year 1 will be 5.11% with 3% annual increases, yielding a Year 10 Cap Rate of 6.66%.

This least investment opportunity is immediately east of the 110 Harbor Freeway and has the bulk of its frontage exposed to over +/-180,000 cars per day. It is also situated on the northeast corner of Figueroa Street and Carson Street, both major through fares and shadow anchored by Kentucky Fried Chicken as freestanding retail pad as It’ s neighbor. Harbor - UCLA Medical Center is about 1000 feet away from the subject property: 454 staffed beds, $1.7 Billion annual revenues (2016) and about 15,619 discharges annually. There are numerous National Credit Tenants in walking distance such as In-and-Out Burger, Jack-in-the-Box, Fat Burger, Smart and Final and Subway.

PROPERTY HIGHLIGHTS• Absolute Triple Net Leased Investment - Stable Quality Income Stream• Tremendous Exposure From 110 Harbor Freeway• 1000 Feet Away a from Harbor-UCLA Medical Center• Personal Operator Guarantee• Shadow Anchored By KFC• Tita Celia’s Annual Revenues Exceed $1M Per Year

BRC ADVISORS & HUDSON COMMERCIAL PARTNERS, INC. - 98 - BRC ADVISORS & HUDSON COMMERCIAL PARTNERS, INC.

PROPERTY PHOTOLEASED INVESTMENT OVERVIEW

LEASE ABSTRACT

TENANT Tita Celia’s

COMMENCEMENT January 1, 2017

LEASE EXPIRATION December 21, 2032

LEASE TYPE Absolute NNN

LEASE TERM 15 Years

CAP RATE - 2017 5.11%

CAP RATE - 2018 5.26%

CAP RATE - 2019 5.42%

CAP RATE - 2020 5.58%

CAP RATE - 2021 5.75%

CAP RATE - 2027 6.66% (Year 10)

CURRENT NOI $91,920

NOI - 2018 $94,677 (3% Increase)

NOI - 2019 $97,517 (3% Increase)

NOI - 2020 $100,443 (3% Increase)

NOI - 2021 $103,456 (3% Increase)

NOI - 2027 $119,933 (Year 10)

CURRENT RENT $7,660 / Mo.

CURRENT RATE $4.00 NNN

NNN CHARGES $1.15 NNN

NEXT ANNUAL INCREASE DATE January 1st, 3% Per Year

RENEWAL OPTIONS 2, 5 Year Options (3% Annual Increases)

PROPERTY INFORMATION

PRICE $1,800,000

BUILDING SIZE 1,915 SF

PRICE PER SF $939.95

LOT SIZE 9,247 SF

PRICE PER SF $194.66

PARCEL NUMBER 7343-007-044, 7343-007-050

EXPENSES CURRENT PSF

Real Estate $22,500 $11.75

Insurance $1,053 $0.55

Repairs & Maintenance $1,500 $0.78

Misc. / Reserves $1,250 $0.65

TOTAL EXPENSES $26,303 $13.74

SECTION 2 | PRO

PERTY INFO

RMATIO

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BRC ADVISORS & HUDSON COMMERCIAL PARTNERS, INC. - 1312 - BRC ADVISORS & HUDSON COMMERCIAL PARTNERS, INC.

AERIAL MAP PLAT MAP

14 - BRC ADVISORS & HUDSON COMMERCIAL PARTNERS, INC.

ELIZABETH CLARKSenior Vice President

BEVERLY HILLS OFFICE9301 Wilshire Blvd., Suite 206

Beverly Hills, CA 90210

Cal BRE: 01811246

CONTACTCELL PHONE310.740.7283

PHONE310.525.3702

FAX321.421.4184

EMAILeclark@brcadvisors.com

WEBSITEwww.brcadvisors.com

JAY MARTINEZManaging Principal

STUDIO CITY OFFICE11846 Ventura Blvd., #140

Studio City, CA 91604

Cal BRE: 01367663

CONTACTCELL PHONE818.212.3057

PHONE818.699.1603

FAX818.688.8140

EMAILjay@hudsonpartnersinc.com

WEBSITEwww.hudsonpartnersinc.com