Big 5 Sporting Goods HERMISTON, OREGON

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Big 5 Sporting Goods HERMISTON, OREGON

Overview Big 5 Sporting Goods 1968 N 1ST STREET, HERMISTON, OR 97838 PROPERTY CAN BE PURCHASED SEPARATELY OR TOGETHER WITH ADJACENT SINGLE-TENANT PETSENSE.

PAGE 3 Investment Summary LEASEABLE SF 10,000 SF LAND AREA 33,977 SF LEASE TYPE NNN LEASE EXPIRATION 01/31/2029 YEAR BUILT 2008 PRICE PER SF $204 $2,040,000 PRICE 7.00% CAP THE OFFERING provides an opportunity to purchase a freestanding NNN Big 5 Sporting Goods location with more than 10 years remaining. The publicly-traded Big 5 Sporting Goods (NASDAQ:BGFV) recently executed two, five-year options early, demonstrating their strong commitment to Hermiston. Overview

Investment Highlights BIG 5 MADE A STRONG COMMITMENT TO THE LOCATION WHEN THEY RECENTLY EXECUTED TWO, FIVE-YEAR OPTIONS. THE HIGH QUALITY ASSET WAS BUILT-TO-SUIT FOR THE PUBLICLY- TRADED BIG 5 IN 2008 AND HAS 10 YEARS REMAINING ON THE LEASE. NNN LEASE TERMS PROVIDE MINIMAL MANAGEMENT RESPONSIBILITY. LOCATED ALONG MAIN COMMERCIAL CORRIDOR IN HERMISTON IN CLOSE PROXIMITY TO WALMART SUPERCENTER AND HOME DEPOT. WITH EXCELLENT ACCESS AND VISIBILITY TO THE MAIN NORTH- SOUTH THOROUGHFARE, BIG 5 BENEFITS FROM THE NEARLY 20,000 VEHICLES PER DAY ALONG NORTH 1ST STREET. PROPERTY IS OFFERED SEPARATELY AND TOGETHER WITH ADJACENT FREESTANDING PETSENSE STORE, RECENTLY CONSTRUCTED IN 2016.

PAGE 5 About the Tenant BIG 5 SPORTING GOODS Big 5 Sporting Goods is one of America s top retailers of name brand sporting goods and accessories. The company s product mix includes a broad selection of athletic equipment and outdoor recreational sporting goods as well as athletic shoes and apparel. BGFV 1955 NASDAQ YEAR FOUNDED 435 9,500 LOCATIONS ACROSS 11 WESTERN STATES TOTAL EMPLOYEES Investment Highlights

Surrounding Retail Business summary TOTAL 1-MILE 3-MILES 5-MILES Businesses 257 830 1,012 Employees 2,570 9,298 11,749 Population 4,651 23,258 33,536 KEY 1-MILE 3-MILES 5-MILES MAJOR RETAIL ACE Hardware AutoZone Big Lots Bi-Mart Burger King Dairy Queen Dollar Tree Fiesta Foods GameStop Goodwill Harbor Freight Home Depot Jack in the Box McDonald s Napa Auto O Reilly Auto Parts Pizza Hut Rite Aid Rue 21 Safeway Shari s Starbucks Subway Taco Bell Walmart Supercenter

BIG 5 SPORTING GOODS PAGE 7 19,700 VPD COUNTY RD 1275 S FIRST ST 209 HERMISTON HWY GOOD SHEPHERD HEALTH CARE ROCKY HEIGHTS ELEMENTARY SCHOOL SUNSET ELEMENTARY SCHOOL WEST PARK ELEMENTARY SCHOOL 395 HERMISTON HIGH SCHOOL Surrounding Retail

Site Plan 19,700 VPD 10,000 LEASEABLE SF SOUTH 1ST ST 0.78 ACRES E THEATER LANE 42 SPACES; 4.2/1,000 SF

PAGE 9 NEIGHBORING PROPERTY ALSO AVAILABLE CLICK HERE SITE PLAN NOT TO SCALE Site Plan

Financial Summary PRICE $2,040,000 CAPITALIZATION RATE 7.00% PRICE PER FOOT $204 CASH FLOW SUMMARY SCHEDULED INCOME PER SF Base Rent for the Period of: 2/1/2019-1/31/2020 $14.25 $142,464 Total Effective Gross Income (EGI) $14.25 $142,464 OPERATING EXPENSES Per SF CAMS NNN Property Taxes NNN Insurance NNN Total Operating Expenses NNN - NET OPERATING INCOME $142,464 This information has been secured from sources we believe to be reliable but we make no representations or warranties, expressed or implied, as to the accuracy of the information. Buyer must verify the information and bears all risk for any inaccuracies.

PAGE 11 Rent roll BIG 5 - HERMISTON Lease Term: Size (SF): 2/4/2008-1/31/2029 10,000 RENT SUMMARY DATE MONTHLY BASE RENT % INCREASE ANNUAL RENT PSF 2/1/2019 $11,872 $142,464 $14.25 2/1/2024 $13,059 10% $156,710 $15.67 OPTIONS 2, 5-YR 6-Months' Notice 3 2/1/2029 $15,801 21% $189,612 $18.96 4 2/1/2034 $17,381 10% $208,573 $20.86 CURRENT $11,872 $142,464 $14.25 Lease Notes Comments: Tenant operates on a NNN lease with Landlord responsible to repair and replace the roof and structrual elements of the building. Tenant recently exercised first two of four option periods. Financial Summary

Featured Photography

PAGE 13 Featured Photography

Location Hermiston, Oregon HERMISTON, OREGON is the largest city by population in Eastern Oregon. The fast growing city is the retail hub for several surrounding counties and is the daily needs provider for an expansive trade area.

PAGE 15 LAMB WESTON FACTORY Lamb Weston LAMB WESTON, A MAJOR POTATO SUPPLIER BASED OUT OF IDAHO announced in December 2017 it would be expanding its french fry processing plant in Hermiston. The company, who already employs more than 1,300 in Hermiston, will be investing $250 million into a new state-of-the-art processing line with the potential to add another 170 full-time jobs. CLICK HERE FOR MORE INFO Location

Demographics KEY 5 MINS 10 MINS 15 MINS Distance to Tri-Cities, Wahsington Boise, Idaho 34 MILES 38 MINS 251 MILES 3 HRS 53 MINS

PAGE 17 Drive time POPULATION 5 MINS 10 MINS 15 MINS 2010 8,425 26,699 32,649 2018 8,769 27,881 34,073 2023 8,920 28,402 34,714 2018 HH INCOME 5 MINS 10 MINS 15 MINS Average $54,580 $59,378 $60,882 Median $41,065 $48,557 $50,102 76,985 UMATILLA COUNTY POPULATION (ESTIMATED) Demographics

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We d love to hear from you. KEVIN ADATTO kadatto@capitalpacific.com PH: 503.675.7726 MICHAEL HORWITZ mhorwitz@capitalpacific.com PH: 503.675.8381 SCOTT FRANK sfrank@capitalpacific.com PH: 503.675.8383 SEAN MACK smack@capitalpacific.com PH: 503.675.8378 PETER DUNN pdunn@capitalpacific.com PH: 503.607.0197 DAVID GELLNER dgellner@capitalpacific.com PH: 206.693.3349 The information in this Executive Summary has been secured from sources we believe to be reliable but we make no representations or warranties, expressed or implied, as to the accuracy of the information. Buyer must verify the information and bears all risk for any inaccuracies. All rights reserved to Capital Pacific, LLC. Contact Us

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