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CAPTAIN D’s 2019 CONSTRUCTION, 20-YEAR NNN LEASE 1709 Midland Trail | Shelbyville, KY 40065

CONFIDENTIAL OFFERING

MEMORANDUM

Representative Photo*Actual Site Under Construction

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EXCLUSIVEOFFERING

SINGLE-TENANT, NET-LEASED QUICK SERVICE RESTAURANT

NEW 2019 CONSTRUCTION

NEW 20-YEAR LEASE TERM

JOSIAH BYRNES VICE PRESIDENT

+1.719.243.6569jbyrnes@embreegroup.com

Josiah Byrnes serves as Vice President of Embree Capital Markets Group, Inc., where he helps guide the formation and execution of diversified real estate capital structures and investment strategies for individual, institutional, and international investors, developers, and tenants.

Josiah joined Embree Group of Companies in 2010. He received BA and MBA degrees from the University of Colorado, as well as a Master of Real Estate Development Degree from Arizona State University.

KLINTON LEWIS ASSOCIATE-NET LEASE SERVICES

Klinton Lewis serves as Associate of Net Lease Services with Embree Capital Markets Group, Inc., where he is responsible for marketing current assets, new developments, and private client’s commercial real estate properties. Klinton also provides investment advice to clients, and is focused on new and existing client business development.

Prior to joining the Embree Capital Markets Group Inc., Klinton served as a real estate agent specializing in single-tenant, net-lease properties, with Marcus & Millichap in Austin, Texas.

+1.512.819.4729klewis@embreegroup.com

LISTED BY:

$2,840,000 PURCHASE

PRICE

$184,476 ANNUAL

RENT

6.50% CAP RATE

ANNUAL INCREASES

2.00%

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The information contained herein is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from the Embree Group of Companies (Embree Group) and should not be made available to any other person or entity without the written consent of the Embree Group (the Embree Group collectively refers to Embree Capital Markets Group, Inc., Embree Asset Group, Inc., Embree Healthcare Group, Inc., and Embree Construction Group, Inc.). This brochure has been prepared to provide summary information to prospective investors and to establish a preliminary level of interest in establishing an investment relationship with the Embree Group, which may or may not include the sale or purchase of any specific property referenced herein. Several Embree Group employees are licensed real estate agents and brokers in various states.

The information contained herein is not a substitute for a thorough due diligence investigation. The Embree Group has supplied information in this brochure from sources we believe are reliable; however, all potential Buyers and Investors must take appropriate measures to investigate and verify the income and expenses for any specific property, the future projected financial performance of any specific property, the size and square footage of any specific property and its improvements, the presence or absence of contaminating substances, PCB’s or asbestos, the compliance with State and Federal regulations, the physical condition of the improvements thereon, or the financial condition or business prospects of any tenant or any tenant’s plans or intentions to continue its occupancy of any specific property.

The Embree Group reserves the right to withdraw this solicitation at any time without prior notice. The information contained herein is based upon sources deemed to be reliable, but the accuracy of the information is not guaranteed, nor should the information contained herein be considered all inclusive. Statements contained herein which involve matters of opinion, whether or not identified to be that only, are not representations of fact. The price and terms of this offering may be subject to change at any time.

The Embree Group is not affiliated with, sponsered by, or endorsed by any commercial tenant or lessee identified in this marketing package. The presence of any corporation’s logo or name is not intended to indicate or imply affiliation with, or sponsorship or endorsement by, said corporation of the Embree Group, its affiliates or subsidiaries, or any agent, product, or commercial listing of The Embree Group, and is solely included for the purpose of proving tenant lessee information about this listing to prospective customers.

DISCLAIMER &CONFIDENTIALITY STATEMENT

The Embree Group has an ownership interest in the subject property.

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TABLE OF CONTENTSProperty & Lease

Details- 5 -

Company Overview- 6 -

Site Plan - 7 -

Maps & Aerials- 8 -

Demographic Analysis - 12 -

Contact- 13 -

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THE OFFERINGPROPERTY ADDRESS 1709 Midland Trail Shelbyville, KY 40065

TENANT Goalz Restaurant Group KTY, LLC

GUARANTOR

SITE DESCRIPTIONBUILDING SIZE Approximately 2,000 SF

PATIO SIZE Approximately 800 SF

LOT SIZE Approximately 1.46 Acres

INVESTMENT SUMMARYPURCHASE PRICE $2,840,000 ANNUAL RENT $184,476

CAP RATE 6.50%

EST. February 2019

EST. LEASE END February 2039

LEASE TERM 20-Years

LEASE TYPE Absolute NNN

ROOF & STRUCTURE Tenant Responsible

LEASE ESCALATIONS 2.00% Annually

PROPERTY &LEASE DETAILS

COMMENCEMENT

RENT ROLLSUMMARY

Goalz Restaurant Group, LLC andTwo High Net Worth Individuals

Year 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10Year 11Year 12Year 13Year 14Year 15Year 16Year 17Year 18Year 19Year 20

$184,476 $188,165 $191,928 $195,767 $199,682 $203,676 $207,749 $211,904 $216,143 $220,465 $224,875 $229,372 $233,960 $238,639 $243,412 $248,280 $253,246 $258,310 $263,477 $268,746

$15,373 $15,680 $15,994 $16,313 $16,640 $16,973 $17,312 $17,658 $18,011 $18,372 $18,739 $19,114 $19,496 $19,886 $20,284 $20,690 $21,103 $21,525 $21,956 $22,395

6.50%6.63%6.76%6.89%7.03%7.17%7.32%7.46%7.61%7.76%7.92%8.08%8.24%8.40%8.57%8.74%8.92%9.10%9.28%9.46%

LEASE TERM

ANNUAL RENT

MONTHLY RENT

CAP RATE

RENEWEL OPTIONS Three, 5-Year

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BRANDOVERVIEW

Goalz Restaurant Group was formed by restaurant industry veteran Shawn Eby, who had a goal to start and develop his own company that would focus around helping others. He quickly formed a team of top industry professionals to help achieve this. The team includes Wade Lancaster-VP of Operations, Jeron Boemer-VP of Operations, and Steve Piascik-CFO. Goalz Restaurant Group is currently scheduled to open 265 restaurants over the next few years across ten states, (NC, SC, GA, FL, LA, OH, CO, WY, KY, IL) and has additional plans to grow further. Currently the three brands that Goalz will franchise are Captain D’s, Church’s Chicken and Dog Haus.

Shawn has always said “without goals you have no direction and without direction you go nowhere”. When it came to thinking of not just a name but what we want to be known for Shawn thought about his career and how he wanted this to be a company that truly cares about the employees and their families. He thought about his goal setting class and teaching people about Goals Boards and to go after your dreams.

The following are Goalzes' national leaders:

OPERATOROVERVIEW

Captain D’s is a U.S. based chain of fast casual seafood restaurants specializing in seafood and their first one opening in Donelson, Tennessee, on August 15, 1969. There are currently over 520 locations in 20 states. Known originally as Mr. D’s Seafood and Hamburgers, Captain D’s changed its company name to Captain D’s Seafood in 1974 to focus more exclusively on its classic fish and chips, shrimp and side dishes.

Throughout the 1970s, the company grew rapidly and added special programs like the Kids’ Birthday Club and children’s comic books. During the 1980s and 1990s, the company’s logo and building design evolved.

On September 13, 2010, Phil Greifeld was appointed CEO of Captain D’s.

Captain D’s achieved record-breaking success in 2015, driven by its seafood expertise and product innovation, with the introduction of new menu items including the Parmesan Crusted Tilapia, Homestyle Fish Tenders, and Creamy Shrimp Scampi, all supported by the company’s award-winning “For the Love of D’s” television campaign.

In 2017 Captain D’s introduced Dave and Desmond, also known as the D-Gulls. The D-Gulls are two super fans on the quest for “The Taste of the Coast.”

Shawn Eby Wade Lancaster Jaron Boemer Steve Piascik

- Chief Executive Officer- Vice President of Operations- Vice President of Operations- Chief Financial Officer

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SITEPLAN

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STATE & AREACONTEXT

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SHELBYVILLE, KY

SHELBYVILLE, KY

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CITYAERIAL

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I-64 (55,000 Vehicles Per Day)

Tayl

orsv

ille

Rd. (

21,0

00 V

ehic

les

Per D

ay)

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Midland Trail (26,000 Vehicles Per Day)

CITYAERIAL

55

(18,

000

Vehi

cles

Per

Day

)

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AERIAL

SITEAERIAL

Midland Trail (26,000 Vehicles Per Day)

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First Choice Ankle & Foot Care

Tumbleweed Tex mex

Shelby County Chiropractic

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DEMOGRAPHICANALYSIS

KENTUCKYSHELBYVILLE

1 MILE 3 MILE 5 MILE POPULATION

RACE/ETHNICITY

HOUSEHOLDS

INCOME 1 MILE 3 MILE 5 MILE

2018 Population 7,033 22,547 26,042

2023 Projection 7,696 24,932 28,800

2010 Census 6,506 20,308 23,449

Growth 2018-2023 1.9% 2.3% 2.3%

2018 Households 2,736 8,342 9,655

2023 Projected Households 3,005 9,245 10,701

Growth 2018-2023 2.0% 2.2% 2.2%

Owner Occupied 1,351 4,907 6,002

Renter Occupied 1,386 3,435 3,653

Caucasian 5,345 17,890 21,060

African American 897 2,416 2,577

Am. Indian & Alaskan 18 56 71

Asian 61 206 219

Hawaiian & Pacific Islander 4 19 22

Hispanic 1,277 3,346 3,486

Other 730 2,035 2,186

Avg. Household Income $58,609 $63,102 $65,505

$25,000-$29,999 169 477 545

$35,000-39,999 128 378 414

$45,000-$49,999 150 406 449

$55,000-$59,999 68 256 319

$65,000-$69,999 88 300 359

$80,000-$89,999 156 568 668

$100,000-$125,000 140 476 608

$500,000+ 8 24 29

Businesses 281 623 691

Employees 4,946 11,407 12,704

DAY

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OFFERING MEMORANDUM SHELBYVILLE, KENTUCKY

Embree Group of Companies provides nationwide turnkey real estate services,specializing in build-to-suit development, design/build, general construction, program management, and capital markets for specialty retail, financial, automotive, restaurant, gas/convenience, general merchandise, healthcare, and senior living facilities. Embree’s fully integrated, in-house services allow us to become an extension of the client’s organization. Since 1979, Embree’s foundation has been built on developing tailored programs for over 300 national clients. The firm is headquartered near Austin, Texas, with a regional office located in Phoenix, Arizona. Over the past 39 years, Embree’s executive team has developed, built, or transacted more than 12,000 projects in all 50 states, Puerto Rico, andCanada with a total market value exceeding $10 billion.

ABOUT EMBREE

EXCLUSIVELY PRESENTED BY: JOSIAH BYRNES | VICE PRESIDENT

JByrnes@EmbreeGroup.com | +1.719.243.6569 | www.EmbreeGroup.com

KLINTON LEWIS | ASSOCIATE NET LEASE SERVICESKLewis@EmbreeGroup.com | +1.512.819.4729 | www.EmbreeGroup.com