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Econo Lube N’ Tune3201 W Lincoln Ave, Anaheim, CA 92801

OFFERING MEMORANDUM

This Marketing Brochure contains select information pertaining to the business and affairs of Econo Lube N’ Tune located at 3201 W Lincoln Ave, Anaheim, CA 92801 here to referred to as “Property”. Information in this Marketing Brochure is confidential and provided solely for the purpose of a review by a prospective purchaser of the Property. It is not to be used for any other purpose and may not be made available to any other person without the written consent of the Seller or Matthews Retail Group, Inc.

This Marketing Brochure has been prepared by Matthews Retail Group, Inc. (also known as Matthews Retail Advisors) based in part upon information supplied by the Seller and in part upon financial information obtained from sources deemed reliable by Matthews Retail Group, Inc. However, Matthews Retail Group, Inc. has not and will not verify any of this information, nor has Matthews Retail Group, Inc. conducted any investigation regarding these matters. Matthews Retail Group, Inc. makes no guarantee, warranty or representation whatsoever about the accuracy or completeness of any information provided.

It is the Buyer’s responsibility to independently confirm the accuracy and completeness of all material information before completing any purchase. This Marketing Brochure is not a substitute for the Buyer’s thorough due diligence investigation of this investment opportunity. Matthews Retail Group, Inc. expressly denies any obligation to conduct a due diligence examination of this Property for the Buyer. Any projections, opinions, assumptions or estimates used in this Marketing Brochure are for example only and do not represent the current or future performance of this Property. The value of a net leased property to the Buyer depends on factors that should be evaluated by the Buyer and their tax, financial and legal advisors. Buyer and Buyer’s tax, financial, legal, and construction advisors should conduct a careful, independent investigation of any property to determine to their satisfaction the suitability of the Property for their investment goals.

Like all real estate investments, this investment carries significant risks. Buyer and Buyer’s legal and financial advisors must request and carefully review all legal and financial documents related to the Property and tenant. While the tenant’s past performance at this or other locations is an important consideration, it is not a guarantee of future performance.

Similarly, the lease rate for some properties, including newly-constructed facilities or newly-acquired locations, may be set based on a tenant’s projected sales with little or no record of actual performance, or comparable rents for the area. Returns are not guaranteed; the tenant and any guarantors may fail to pay the lease rent or property taxes, or may fail to comply with other material terms of the lease; cash flow may be interrupted in part or in whole due to market, economic, environmental or other conditions. Regardless of tenant history and lease guarantees, Buyer is responsible for conducting his/her own investigation of all matters affecting the intrinsic value of the Property and the value of any long-term lease, including the likelihood of locating a replacement tenant if the current tenant should default or abandon the Property, and the lease terms that Buyer may be able to negotiate with a potential replacement tenant considering the location of the Property, and Buyer’s legal ability to make alternate use of the Property.

By accepting this Marketing Brochure you agree to release the Seller and Matthews Retail Group, Inc. of any and all liability and hold the parties harmless from any kind of claim, cost, or expense arising out of your investigation and/or purchase of this Property.

NON-ENDORSEMENT NOTICEMatthews Retail Group, Inc. is not affiliated with, sponsored by, or endorsed by any commercial tenant or lessee identified in this Marketing Brochure. 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 Matthews Retail Group, Inc., its affiliates or subsidiaries, or any agent, product, service, or commercial listing of Matthews Retail Group, Inc., and is solely included for the purpose of providing tenant lessee information about this listing to prospective customers.

CONFIDENTIALITY & DISCLAIMER STATEMENT

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PRICING AND FINANCIAL ANALYSISInvestment Overview . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2Financial Overview . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3Company Overview . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4

PROPERTY DESCRIPTIONProperty Overview. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6Bird’s Eye . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7Tenant Map . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8Regional Map. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9

DEMOGRAPHICSDemographics Report . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11City Overview . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12

TABLE OF CONTENTS

PRESENTED BY

Wesley ConnollyAssociate

License No. 01962332O 310.919.5809M 707.477.7185wesley.connolly@matthews.com

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™PRICING AND FINANCIAL ANALYSIS

Wesley Connolly and Matthews Retail Advisors have been retained by the ownership to exclusively present the sale of this fee simple NNN investment property in Anaheim, CA. The property has historically been leased to Econo Lube N’ Tune, and currently has over five years remaining on the base lease with attractive 3% annual rental increases.

The property is situated on a signalized hard corner at the intersection of Lincoln Avenue and Western Avenue. The property benefits from immediate traffic counts in excess of 41,000+ VPD, and extremely dense demographics with over 685,000+ people in the 5 mile radius.

There are many nearby national retail tenants and notable attractions in the area, including Knott’s Berry Farm theme park, Buena Park shopping mall, Disney Land and several schools; cementing the fundamental strengths of this real estate.

INVESTMENT HIGHLIGHTSPROPERTY DETAILS

• Pride of ownership - highly sought after southern California real estate

• Absolute NNN lease - ideal passive investment

• Rare minimum 3% annual rental increases

• 5 years remaining on base lease with 2, 5 year options to renewLOCATION

• Situated on a hard signalized corner

• Cross intersection traffic of over 41,000+ VPD

• Dense demographics with over 685,000+ in the 5 mile radius

• Surrounding synergy - positioned near Knott’s Berry Farm theme park, Buena Park Downtown shopping mall, Western High School and Cypress College

TENANT

• Econo Lube N’ Tune - Premier automotive maintenance center

• Branded chain of nearly 200 service centers in the southwest US

• Owned by Driven Brands - the largest automotive franchise holding company (Other brands include: MAACO, Meineke, Merlin and more)

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Investment Overview

EXECUTIVE SUMMARY3201 W Lincoln Ave Anaheim, CA 92801List Price . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $1,465,214Gross Leasable Area . . . . . . . . . . . . . . . . . . . . . . . . . 1,920 SFCAP Rate - Current. . . . . . . . . . . . . . . . . . . . . . . . . . . . 5.00%Year Built . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1959Lot Size . . . . . . . . . . . . . . . . . . . . . . . . .± 0.37 Acres (16,177 SF)

ANNUALIZED OPERATING DATAMonthly Rent Annual Rent Increases CAP Rate

8/1/2016 - 7/31/2017 $6,105.06 $73,260.72 3% 5.00%

8/1/2017 - 7/31/2018 $6,288.21 $75,458.54 3% 5.15%

8/1/2018 - 7/31/2019 $6,476.85 $77,722.29 3% 5.30%

8/1/2019 - 7/31/2020 $6,671.16 $80,053.96 3% 5.46%

8/1/2020 - 7/31/2021 $6,871.29 $82,455.57 3% 5.62%

Option 1 $7,077.43 $84,929.25 3% 5.79%

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Financial Overview

TENANT SUMMARYTenant Trade Name Econo Lube N’ Tune

Type of Ownership Fee Simple

Lease Guarantor Corporate

Lease Type NNN

Roof and Structure Tenant Responsible

Original Lease Term 15 years

Lease Commencement Date November 1, 1999

Rent Commencement Date November 1, 1999

Lease Expiration Date July 31, 2021

Term Remaining on Lease 5+ years

Increases Annually - 3% or CPI adjusted if greater

Options 2, 5 Year Options

Econo Lube N’ Tune & Brakes was established in 1973 and is a recognized prominent leader in the automotive aftercare market. Econo Lube N’ Tune & Brakes is positioned as a “One Stop Shop” specialist for maintenance and minor automotive repair needs.

All of their services are provided at competitive prices by trained technicians at our clean and conveniently located facilities. The goal of Econo Lube N’ Tune & Brakes is to provide each customer with convenient, affordable, and prompt service at each of their service centers, whether the center is franchised or company operated.

The founders of Econo Lube N’ Tune & Brakes in the early 1970’s were among the first to recognize the rapid decline in the number of gasoline service stations that performed a complete line of automotive repair and service. This market shift represented a tremendous opportunity for Econo Lube N’ Tune & Brakes to provide the complete line of automotive repair and maintenance services, such as oil change and brake service, that car owners had relied on “Service Stations” to perform up to that point. The founders created an automotive service center concept, which incorporated the convenience of the neighborhood service station together with a sophisticated automotive repair facility.

Property Name Econo Lube N’ Tune

Property Type Econo Lube N’ Tune & Brakes

Parent Company Trade Name Driven Brands, Inc.

Ownership Private

No. of Locations ±200

Headquartered Charlotte, North Carolina

Web Site http://www.econolube.com

Year Founded 1973

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Company Overview

™PROPERTY DESCRIPTION

THE OFFERINGProperty Name . . . . . . . . . . . . . . . . . . . . . . Econo Lube N’ TuneProperty Address . . . . . . . . . . . . . . . . . . . . 3201 W Lincoln Ave Anaheim, CA 92801Assessor’s Parcel Number . . . . . . . . . . . . . . . . . . . . . 135-211-13

SITE DESCRIPTIONNumber of Stories . . . . . . . . . . . . . . . . . . . . . . . . . . . . . OneYear Built . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1959Gross Leasable Area (GLA) . . . . . . . . . . . . . . . . . . . . . .1,920 SFLot Size . . . . . . . . . . . . . . . . . . . . . . . . ±0.37 Acres ( 16,177 SF)Type of Ownership. . . . . . . . . . . . . . . . . . . . . . . . . Fee SimpleParking . . . . . . . . . . . . . . . . . . . . . . . . . . ± 10 Surface SpacesParking Ratio . . . . . . . . . . . . . . . . . . . . . . . . . . 3.69 : 1,000 SFLandscaping . . . . . . . . . . . . . . . . . . . . . . . . . . . . ProfessionalTopography. . . . . . . . . . . . . . . . . . . . . . . . . . . Generally Level

CONSTRUCTIONFoundation . . . . . . . . . . . . . . . . . . . . . . . . . . . .Concrete SlabFraming . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .WoodExterior . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . BrickParking Surface . . . . . . . . . . . . . . . . . . . . . . . . . . . . .AsphaltRoof . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Flat

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Property Overview

PROPERTY DESCRIPTION

W Lincoln Ave ±25,500 ADT

N W

estern Ave ±16

,00

0 A

DT

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Bird’s Eye

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Tenant Map

PROPERTY DESCRIPTION

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Regional Map

™DEMOGRAPHICS

Population 1-Mile 3-Mile 5-Mile

2021 Projection 44,120 288,173 716,811

2016 Estimate 41,708 275,374 686,536

2010 Census 38,964 262,499 656,466

2000 Census 36,901 254,604 640,391

Growth 2016-2021 5.78% 4.65% 4.41%

Growth 2010-2016 7.04% 4.90% 4.58%

Growth 2000-2010 5.59% 3.10% 2.51%

Households

2021 Projection 13,379 84,714 213,026

2016 Estimate 12,635 80,820 203,764

2010 Census 11,863 77,006 194,809

2000 Census 11,280 76,744 193,595

Growth 2016-2021 5.88% 4.82% 4.55%

Growth 2010-2016 6.51% 4.95% 4.60%

Growth 2000-2010 5.16% 0.34% 0.63%

Income

$0 - $15,000 13.36% 9.47% 9.11%

$15,000 - $24,999 12.13% 9.70% 9.19%

$25,000 - $34,999 8.07% 9.12% 8.71%

$35,000 - $49,999 12.63% 13.30% 12.62%

$50,000 - $74,999 18.14% 18.28% 17.82%

$75,000 - $99,999 11.95% 13.13% 13.32%

$100,000 - $124,999 7.97% 9.40% 9.90%

$125,000 - $149,999 6.10% 6.47% 6.57%

$150,000 - $199,999 6.08% 6.25% 6.79%

$200,000 - $249,999 2.12% 2.30% 2.62%

$250,000 - $499,999 1.26% 2.05% 2.61%

$500,000+ 0.18% 0.52% 0.73%

2016 Est. Average Household Income $70,856 $78,875 $83,555

2016 Est. Median Household Income $55,239 $61,496 $64,545

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Demographics Report

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City Overview

ANAHEIM, CALILFORNIAOrange County is a world famous visitor destination in the center of all the Southern California fun. Anaheim is the second largest city in “The OC,” is ideally located halfway between Los Angeles and San Diego. Visitors can find plenty of things to see and do from inviting beachs and unparalleled shopping and entertainment to trendy restaurants and Disneyland. Warm sunshine, swaying palm trees and breathtaking ocean views create a relaxed lifestyle where shorts, sandals and sunglasses are always in season.

Covering 50 square miles, the City of Anaheim is one of the nation’s premier municipalities and is home to more than 341,000 residents (one of California’s most populous cities). This vibrant metropolis attracts approximately 20 million visitors (40 million in all of Orange County) each year.

TOP EMPLOYERS - ANAHEIM, CA1. Disneyland Resort

2. Kaiser Permanente

3. Kaiser Permanente Anaheim Medical Center

4. Northgate Gonzalez Markets

5. Anaheim Regional Medical Center

6. AT&T

7. Hilton Anaheim

8. L-3 Communications

9. Time Warner Cable

10. West Anaheim Medical Center

841 Apollo Street, Suite 150 | El Segundo, CA 90245 | www.matthews.com™

Econo Lube N’ Tune3201 W Lincoln Ave, Anaheim, CA 92801

OFFERING MEMORANDUM

Wesley ConnollyAssociate

License No. 01962332O 310.919.5809M 707.477.7185wesley.connolly@matthews.com