SOUTH ORANGE COUNTY TROPHY ASSET | 26661 ......CCP Real Estate Advisors has been retained as the exclusive marketing Agent in the sale of this Rare South Orange County trophy asset,

SOUTH ORANGE COUNTY TROPHY ASSET | 26661 ALISO CREEK ROAD, ALISO VIEJO, CA

OFFERING MEMORANDUM

Confidentiality Disclaimer

226661 Aliso Creek Road | Aliso Viejo, CA

The information contained in the following offering memorandum is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from CCP Real Estate Advisors and it should not be made available to any other person or entity without the written consent of CCP Real Estate Advisors.

By taking possession of and reviewing the information contained herein the recipient agrees to hold and treat all such information in the strict-est confidence. The recipient further agrees that recipient will not photocopy or duplicate any part of the offering memorandum. If you have no interest in the subject property, please promptly return this offering memorandum to CCP Real Estate Advisors. This offering memorandum has been prepared to provide summary, unverified financial and physical information to prospective purchasers, and to establish only a prelim-inary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation. CCP Real Estate Advisors has not made any investigation, and makes no warranty or representation with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and square footage of the property and improve-ments, the presence of absence of contaminating substances, PCBs or asbestos, the compliance with local, state and federal regulations, the physical condition of the improvements thereon, or financial condition or business prospects of any tenant, or any tenant’s plans or intentions to continue its occupancy of the subject property. The information contained in this offering memorandum has been obtained from sources we believe reliable; however, CCP Real Estate Advisors has not verified, and will not verify, any of the information contained herein, nor has CCP Real Estate Advisors conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. The Principles of CCP Real Estate Advisors have an ownership interest in this property. All potential buyers must take appropriate measures to verify all of the information set forth herein. Prospective buyers shall be responsible for their costs and expenses of investigating the subject property.

LISTED EXCLUSIVELY BY:

IAN FURAR, CCIM Managing Partner | 949.717.7711 x 11 | [email protected] Lic: 01255089

Confidentiality Disclaimer


TABLE OF CONTENTS01

03

04

02

SUBJECT PROPERTY

OPERATING INFORMATION

AREA INFORMATION

PROPERTY DESCRIPTION

Executive Summary 5 Pricing & Metrics 6 Location Summary 7

Rent Roll Details 15 Income & Expense Analysis 17 Tenant Profile 19

Demographics Analysis 21

Property Features 9 Parcel Map 10 Retail Aerial 11 Perspective Aerial 12 Property Images 13-14

SUBJECT PROPERTY

Executive Summary


Rare South Orange County Trophy Asset

Irreplaceable real estate strategically located in the heart of the highly sought after Aliso Viejo Town Center

Single parcel within an institutional grade shopping center

High quality long term net leases with corporate guarantees

New construction, completely remodeled to the studs — completed in 2017

Ideal long term “legacy hold” property with resistance to e-commerce and “amazon effect”

Rental increases beginning in year 2022

Steady, predicable revenue and return, with tax benefits via depreciation (consult your tax advisor)

Ease of ownership. Tenants cover all costs. Landlord only responsible for roof and structure

New 25 year roof with warranty, installed in 2017

26661 Aliso Creek Road OfferingCCP Real Estate Advisors has been retained as the exclusive marketing Agent in the sale of this Rare South Orange County trophy asset, 26661 Aliso Creek Road, located in Aliso Viejo. This represents a unique op-portunity to acquire a completely remodeled single parcel, two tenant restaurant building, located in the heart of highly sought after Aliso Viejo Town Center.

PROPERTY ADDRESS

ASSESSOR PARCEL NUMBER (APN)

LOT SIZE Year Renovated

Ownership Type GLA (SF)

COUNTY Submarket

26661 Aliso Creek Road | Aliso Viejo, CA 92656

629-321-20

57,978 2017

Fee Simple 6,704

Orange Southern California

Pricing & Metrics


PRICINGMETRICS&

Offering Price

Price PSF

Occupancy

NOI (Current)

CAP Rate

$9,495,106

$1,416.33

100.00%

$401,643

4.23%

Location Summary


Aliso Viejo is an affluent Southern California master planned community located in the heart of Orange County.

High barriers to entry. Aliso Viejo is a supply constrained market with historically low vacancy rates.

Aliso Viejo boasts the rare combination of daytime office (over 2 million SF immediately adjacent) and dense residential.

Aliso Viejo was named one of “Americas top 25 Towns to Live Well” by Forbes.com

Aliso Viejo Town Center is the gathering and entertainment hub of the both the city and the surrounding communities.

Incorporated in 2001, Aliso Viejo was developed under the authority of County of Orange and was envisioned to have a balance between residential neighborhoods, community parks, facilities and schools as well as an appropriate mix of business, office and retail uses.

Today, Aliso Viejo is home to fast growing entrepreneurial industries such as medical device, technology, biotechnology, pharmaceutical, computer hardware and software, healthcare and insurance. Companies such as Bausch & Lomb, UST Global, Pepsi Co, Flour, UPS, QLogic, Microsemi, Pacific Life, Hoag, MicroVention, Vertos Medical, Metagenics are all headquartered or have a large presence in the City of Aliso Viejo.

Aliso Viejo is conveniently located less than 5 miles from the coast boasting world-renowned beaches and resorts. The city encompasses approximately 6 square miles and is situated at the southern end of the county. The community includes a balance of attractive residential neighborhoods, parks, recreation, award-winning schools and community facilities as well as abundant business, office and retail. The city population is over 50,000 people and all residents live within 2.5 miles of the Aliso Viejo Town Center, the focal point of the city.

Regional Map

Locator Map

PROPERTY DESCRIPTION

Property Features


AMENITIESSITE DESCRIPTION

Rare South Orange County Trophy Asset

Irreplaceable real estate strategically located in the heart of the highly sought after Aliso Viejo Town Center

Resistance to e-commerce and “Amazon Effect”

Institutional quality real estate

Number of Tenants 2

GLA (SF) 6,704

Land SF 57,978

Land Acres 1.33

Year Renovated 2017

# of Parcels 1

Number of Stories 1

Number of Buildings 1

Number of Parking Spaces Held in Common

Parking Ratio Per Code for Restaurant

Parcel Map


Retail & Amenities


CALIFORNIA

STATE ROUTE 7

3

CALIFORNIA

STATE ROUTE 7

3

SAN

JO

AQU

IN H

ILLS

TRA

NSPORTATIO

N CORRID

OR (TOLL

ROAD)

SAN

JO

AQU

IN H

ILLS

TRA

NSPORTATIO

N CORRID

OR (TOLL

ROAD)

PAC

IFIC

PA

RK

DR

PAC

IFIC

PA

RK

DR

ALISO VIEJO PKWY

ALISO VIEJO PKWY

PACIFIC PARK DR

ENTERPRISE

ALISO CREEK RDALISO CREEK RD

DON JUAN AVILAMIDDLE SCHOOL

OAK GROVEELEMENTARY

SCHOOL

JOURNEYSCHOOL

Aliso ViejoCommunity

Park

Aliso ViejoCommunity

Park

CreeksidePark

CreeksidePark

GrandPark

GrandPark

BENNY HINNMINISTRIES WORLD

RENAISSANCECLUBSPORT ALISO

VIEJO LAGUNABEACH HOTEL

HOMEWOOD SUITESBY HILTON ALISO

VIEJO - LAGUNA BEACH

ALISO VIEJOREGIONAL CENTER

ALISO VIEJO LIBRARY

GROWERS DIRECT

Perspective Aerial


ENTERPRISEENTERPRISE

ALISO

CREEK

RD

ALISO VIEJO CHRISTIAN SCHOOL

SOKA UNIVERSITY OF AMERICA

CANYON VISTAELEMENTARY SCHOOL

TROPHY ASSET

Property Photo


Property Photo


OPERATING INFORMATION

Rent Roll Details


SUITETENANTNAME

SQUAREFEET

% OF GLA

LEASESTART

LEASEEND

RENT START DATE

MONTHLYBASE RENT

MONTHLYPSF

ANNUALBASERENT

ANNUALPSF

ANNUALCAM FEE

LEASETYPE

OPTIONS/NOTES

A ChipotleMexican Grill Inc. NYSE: CMG

2,655 39.60% 05/08/19 05/31/29 Current06/01/24

$12,213$13,434

$4.60$5.06

$146,556$161,212

$55.20$60.72

$45,338 NNN Rent increases by 10% in 2024

B UrbanPlates

4,049 60.40% 06/26/17 06/26/27 Current06/26/22

$21,257$23,383

$5.25$5.78

$255,087$280,596

$63.00$69.30

$69,153 NNN Rent increases by 10% in 2022

Totals 6,704 $33,470 $401,643 $114,491

Income And Expense Analysis


INCOME CURRENT

Effective Gross Income $516,134

Less Expenses $114,491

Net Operating Income $401,643

EXPENSES CURRENT

Real Estate Taxes $54,222

Insurance $7,510

Common Area Maintenance (CAM) $44,223

Landscaping $4,320

Utilities $4,216

Total Operating Expense $114,491

Expense / SF $17.08

% of EGI 22.18%

EFFECTIVE GROSS INCOME

DISTRIBUTION OF EXPENSES

TENANT

Location Summary


Trade Name Chipotle Mexican Grill

Headquartered Newport Beach, CA

Website www.chipotle.com

# of Locations 2,500+

ABOUT

Chipotle Mexican Grill, Inc. is an American chain of fast casual restaurants in the United States, United Kingdom, Canada, Germany, and France, specializing in tacos and Mission-style burritos. Chipotle is traded on the NYSE under the ticker CMG and has over 2,500 units open with a market cap of $21 Billion and revenue of $4.9 Billion.

When Chipotle opened its first restaurant in 1993, the idea was simple: show that food served fast didn’t have to be a “fast-food” experience. Using high-quality raw ingredients, classic cooking techniques, and distinctive interior design, Chipotle brought features from the realm of fine dining to the world of quick-service restaurants.

Over 25 years later, Chipotle’s devotion to seeking out the very best ingredients possible—raised with respect for animals, farmers, and the environment—remains at the core of their commitment to Food With Integrity.

Trade Name

Headquartered

Website

# of Locations

Urban Plates

Cardiff, CA

www.urbanplates.com

19

ABOUT

Urban Plates is a fine, fast-casual restaurant concept created by industry veterans Saad Nadhir (Boston Market) and John Zagara (Zagara’s Specialty & Natural Foods) who after years of extensive research opened their first Urban Plates in San Diego in 2011. Today there are 19 units with additional units under development. At Urban Plates, the menu is chef driven with a wide range of dishes, all made from scratch without additives or preservatives, and using organic, local and sustainable ingredients where possible. The beef is grass fed, the chicken is free-range and pork ribs are heritage Duroc. Urban Plates is a restaurant for people who care about what they eat and appreciate seasonal, locally sourced ingredients and scratch made dishes, provided in a modern, yet comfortable environment, at affordable prices.and the environment—remains at the core of their commitment to Food With Integrity.

Publically Traded NYSE:CMG

AREA INFORMATION


2017 SUMMARY 1 MILE 3 MILE 5 MILEPopulation 25,715 126,903 290,797

Households 10,455 51,420 110,428

Families 6,430 31,660 73,510

Average Household Size 2.46 2.44 2.61

Owner Occupied Housing Units 4,863 34,896 76,286

Renter Occupied Housing Units 5,592 16,524 34,142

Median Age 35.1 44.2 43.0

Median Household Income $93,929 $86,894 $94,438

Average Household Income $114,332 $122,360 $129,704

2022 SUMMARY 1 MILE 3 MILE 5 MILEPopulation 26,818 132,611 303,990

Households 10,834 53,416 114,903

Families 6,666 32,879 76,475

Average Household Size 2.47 2.46 2.62

Owner Occupied Housing Units 5,000 36,089 79,136

Renter Occupied Housing Units 5,833 17,327 35,766

Median Age 34.9 44.9 43.6

Median Household Income $103,397 $96,906 $103,570

Average Household Income $131,239 $137,025 $145,001

SOUTH ORANGE COUNTY TROPHY ASSET26661 ALISO CREEK ROAD, ALISO VIEJO, CA

OFFERING MEMORANDUM

IAN FURAR, CCIMManaging Partner| 949.717.7711 x 11 | [email protected] Lic | 01255089

Documents

SOUTH ORANGE COUNTY TROPHY ASSET | 26661 ......CCP Real Estate Advisors has been retained as the exclusive marketing Agent in the sale of this Rare South Orange County trophy asset,