P O R T F O L I O3611 PEPPERELL PARKWAY, OPELIKA, AL 36801

1406 WATSON BOULEVARD, WARNER ROBINS, GA 31093

FOR SALENET LEASED INVESTMENT OR USER OPPORTUNITY

PIZZA HUTTODD HOLLEY, SIOR

Senior Vice President

EXCLUSIVELY OFFERED BY:

P O R T F O L I O O V E R V I E W

OFFERING PRICE: $880,000

CAP RATE: 8.18%

TENANT: Pizza Hut/Southeast Restaurant Corp

GUARANTOR: Regional Franchisee (±50 Stores)

RENTABLE SF: ±4,410 SF

LAND AREA: ±1.22 Acres

ANNUAL NOI: $72,000

LEASE TYPE: NNN

EXPENSES:Tenant responsible for all expenses including roof, structure, taxes, insurance and common area maintenance

PROPERTY ADDRESS1406 WATSON BLVDWARNER ROBINS, GA

3611 PEPPERELL PKWYOPELIKA, AL

TOTAL

BUILDING SIZE 1,890 SF 2,520 SF ±4,410 SF

LAND AREA 0.49 AC 0.73 AC ±1.22 AC

ANNUAL RENT $36,000 $36,000 $72,000

LEASE TERM Twelve (12) years Twelve (12) years

LEASE COMM. DATE August 2010 August 2010

RENEWAL OPTIONS Two (2), Five (5) Two (2), Five (5)

CAP RATE 8.18% 8.18% 8.18%

PURCHASE PRICE $440,000 $440,000 $880,000

PIZZA HUTP O R T F O L I O

/ PIZZA HUT PORTFOLIO / 2PORTFOLIO OVERVIEW

L E A S E A B S T R A C T

RENT SCHEDULE

YEARS 1-12 (Current) 13 - 17 (Opt. 1) 17 - 22 (Opt. 2)

RENT $36,000 $36,000 $36,000

1406 WATSON BOULEVARD | WARNER ROBINS, GA 31093

OFFERING PRICE: $440,000 BASE LEASE TERM: Twelve (12) years

CAP RATE: 8.18% LEASE EXPIRATION: July 2022

RENTABLE SF: ±1,890 SF RENEWAL OPTIONS: Two (2), Five (5) year

LAND AREA: ±0.49 Acres LEASE TYPE: NNN

YEAR BUILT: 1992

EXPENSES:

Tenant responsible for all expenses including roof,

structure, taxes, insurance and common area

maintenance.

ANNUAL RENT: $36,000

LEASE COMMENCEMENT: August 2010

PIZZA HUTP O R T F O L I O

/ PIZZA HUT PORTFOLIO / 3LEASE ABSTRACT

PIZZA HUTP O R T F O L I O

/ PIZZA HUT PORTFOLIO / 4

1406 WATSON BLVD | WARNER ROBINS, GA

HOUSTONMEDICALCENTER

PARKWOODELEMENTARY

NORTHSIDEHIGH SCHOOL

WALKER’SPOND

ARIAL MAPS WITH AMENITIES

L E A S E A B S T R A C T

RENT SCHEDULE

YEARS 1-12 (Current) 13 - 17 (Opt. 1) 17 - 22 (Opt. 2)

RENT $36,000 $36,000 $36,000

3611 PEPPERELL PARKWAY | OPELIKA, AL 36801

OFFERING PRICE: $440,000 BASE LEASE TERM: Twelve (12) years

CAP RATE: 8.18% LEASE EXPIRATION: July 2022

RENTABLE SF: ±2,520 SF RENEWAL OPTIONS: Two (2), Five (5) year

LAND AREA: ±0.73 Acres LEASE TYPE: NNN

YEAR BUILT: 1976

EXPENSES:

Tenant responsible for all expenses including roof,

structure, taxes, insurance and common area

maintenance.

ANNUAL RENT: $36,000

LEASE COMMENCEMENT: August 2010

PIZZA HUTP O R T F O L I O

/ PIZZA HUT PORTFOLIO / 5LEASE ABSTRACT

1406 WATSON BOULEVARDWARNER ROBINS, GA 31093

3611 PEPPERELL PARKWAYOPELIKA, AL 36801

PIZZA HUTP O R T F O L I O

/ PIZZA HUT PORTFOLIO / 6DEMOGRAPHIC OVERVIEW

D E M O G R A P H I C O V E R V I E W

TRAFFIC COUNT

27,40 Traffic Volume

2017 POPULATION

(PER 10,000)

1 M

ILE

3 M

ILE

S5

MIL

ES

8,523

51,301

88,816

2017 AVG HOUSEHOLD INCOME

(PER 10,000)

(PER 5,000)

1 M

ILE

3 M

ILE

S5

MIL

ES

$51,709

$54,395

$65,105

TRAFFIC COUNT

27,860 Traffic Volume

2017 POPULATION

(PER 10,000)

1 M

ILE

3 M

ILE

S5

MIL

ES

4,886

31,365

73,601

2017 AVG HOUSEHOLD INCOME

(PER 10,000)

(PER 5,000)

1 M

ILE

3 M

ILE

S5

MIL

ES

$53,345

$57,620

$61,292

FRANCHISEE RECORD OF STRONG GROWTH OVER THE PAST FOUR YEARS

• Operates 50 locations in the Southeast

• Low Rent-to-Sales ratio (6%)

FRANCHISEE COMPANY BACKGROUND

• Employs over 500 employees in 50 locations

• Operates in GA, AL, SC, NC

• Above store operations team has over 120+ yearsexperience with the brand

STRONG RELATIONSHIP WITH FRANCHISOR

• Well regarded by the Pizza Hut brand and approved to be franchisee in other YUM! Brands

• Franchisee has been with Pizza Hut for over 10 years

• Deep knowledge of all aspects of the business

COMPANY TYPE:PUBLIC (NYSE: YUM)

FISCAL YEAR END:DECEMBER

2017 REVENUE:$6.36 BILLION

2016 NET INCOME:$1.64 BILLION

RANKINGS:#422 IN FORTUNE 500 (DEC 2017)

S&P CREDIT RATING: BBB

LOCATIONS: 16,748

T E N A N T O V E R V I E W

Pizza Hut operates the world’s #1 pizza chain with more than 13,200 outlets in about 90 countries worldwide. The chainserves a variety of pizza styles, including its flagship Pan Pizza, as well as Thin n’ Crispy, Stuffed Crust, Hand Tossed, and Sicilian.

COMPANY TYPE: Subsidiary of YUM! Brands LOCATIONS: 13,602

YUM! Brands, Inc., together with its subsidiaries, operates as a quick service restaurant company in the United States and internationally. The company develops, operates, franchises, and licenses a system of restaurants, which prepare, package, and sell various food items. Its operates approximately 41,546 restaurants in 110 countries and territories under the KFC, Pizza Hut, Taco Bell, Long John Silvers, and A&W All-American Food Restaurants brands.

PIZZA HUTP O R T F O L I O

/ PIZZA HUT PORTFOLIO / 7TENANT OVERVIEW

L O C AT I O N O V E R V I E W S

Warner Robins is a city in the state of Georgia, located primarily in Houston County with a small portion in Peach County. The city has its own metropolitan statistical area and as of the 2000 census, the city had a total population of 48,804. From 2000 to 2010, the Warner Robins city population growth percentage was 36.4% (or from 48,804 people to 66,588 people).

In 2009, Business Week magazine named Warner Robins the best place in Georgia in which to raise a family. The ranking was bestowed once again for 2010. The Warner Robins Area Chamber was named one of the top three chambers of commerce in the U.S. for a chamber in its division in 2009 by the American Chamber of Commerce Executives Association.

Opelika is a city in and the county seat of Lee County in the east central part of the U.S. state of Alabama. According to 2010 Census, the population of Opelika was 26,477. It is a principal city of the Auburn-Opelika Metropolitan Area (population 135,833) which, along with the Columbus, GA-AL MSA and the Tuskegee, AL MSA, comprises the greater Columbus-Auburn-Opelika, GA-AL CSA, a region home to approximately 500,000 residents.

Opelika has also experienced a boom in retail development. TigerTown, a 130-acre mixed-use development, is east Alabama’s largest retail center with more than 1,000,000 SF of retail space. Located at the intersection of I-85 and Highway 280 in Opelika, TigerTown’s tenants include The Home Depot, Target, Best Buy, Starbucks Coffee, Olive Garden, Kroger, PETCO, Office Depot, Hobby Lobby, Kohl’s, Bed Bath & Beyond, Old Navy, and more.

The Economic Development Association of Alabama named Opelika the top community in Alabama for business recruitment for 2005. Opelika also received the #1 rank in the South as “Small Market of the Year” by Southern Business and Development magazine. The city earned its #1 status through its success in bringing Gambro, Jo-Ann, Maxforma, Benteler and Mando Corporation to the community in 2005.

Lee County Courthouse | Opelika, AL

Museum of Aviation | Warner Robins, GA

PIZZA HUTP O R T F O L I O

/ PIZZA HUT PORTFOLIO / 8LOCATION OVERVIEWS

PIZZA HUTP O R T F O L I O

/ PIZZA HUT PORTFOLIO / 9

R E C E N T LY S O L D C O M PA R A B L E S

PICTURE PROPERTY ADDRESS SQUARE FEET SALE DATE SALE PRICE PRICE PSF CAP RATE

3010 Tamiami Trail ENaples, FL

2,520 SF 10/2/2017 $1,009,000 $400.40 7.20%

1398 Thompson Bridge RoadGainsville, FL

2,851 SF 8/25/2017 $1,280,000 $448.97 7.22%

1738 S NC Highway 119Mebane, NC

5,796 SF 4/3/2017 $2,225,000 $383.89 5.84%

530 N. Main StreetCedartown, GA

1,800 SF 3/31/2017 $1,070,000 $594.44 6.54%

RECENTLY SOLD COMPARABLES

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US82

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US280

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16

26

26

516

475

675

185

520

685

95

95

75

75

75

75

85

85

85

75 2020

65

US21

Savannah

Albany

Macon

Columbus

Auburn

Montgomery GEORGIA

SOUTHCAROLINA

ALABAMA Charleston

Augusta

@PIZZA HUTW A R N E R R O B I N S , G A

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Licensed as a Real Estate Salesperson by the CA Bur of Real Estate. The information contained herein has been obtained from sources we deem reliable. While we have no reason to doubt its accuracy, we do not guarantee it.©2018 Voit Real Estate Services, Inc. All Rights Reserved. Real People. Real Solutions.® is a registered trademark of Voit Real Estate Services.

TODD HOLLEY, SIOR, Vice President858.458.3349 | tholley@voitco.com | Lic. #01046508

O F F E R E D B Y PIZZA HUTP O R T F O L I O