Investment Highlights

RARE NET LEASE TO STRONG GROCERY TENANT
» Long-term, 10-year lease with five (5) five-year option periods
» Tenant is responsible for all maintenance, including roof membrane, but excluding structure
» 10.5% rental increases every five years, providing a hedge against inflation
» Grocery Outlet is the nation’s largest extreme value grocery retailer, with more than 300 locations and over $2 billion in annual revenue
» Grocery Outlet is continuing its expansion nationally, with 30 new stores expected to open by year-end 2018, and 40 more scheduled to open in 2019

HIGH-TRAFFIC LOCATION IN PROMINENT RETAIL AREA
» High-traffic location in prominent retail area
» Located at the signalized intersection of Redwood Highway (U.S. Route 199) and Caves Highway (Oregon Route 46), the primary intersection in Cave Junction
» Excellent visibility and access to 18,200 vehicles per day directly in front of the property
» Caves Highway is the primary route between Cave Junction and the Oregon Caves National Monument and Preserve, a major tourist attraction visited by over 80,000 people annually
» Redwood Highway serves as Cave Junction’s main retail and commercial corridor and connects the city to population centers in Grants Pass, Oregon and Crescent City, California
» Surrounded by a healthy mix of local and regional retailers, as well as several national tenants

CENTRAL LOCATION NEAR COMMUNITY AMENITIES
» Centrally located in downtown Cave Junction
» Within walking distance of several schools
» Close proximity to popular recreational areas and tourist destinations
» Surrounded by residential neighborhoods, which will be served by Grocery Outlet
» Only 50 miles from Medford Oregon and just 10 miles from the California/Oregon Boarder

NEW 2018 CONSTRUCTION
» High-quality construction, scheduled to be completed in December 2018
» Features latest Grocery Outlet store design and concepts
» Brand new building and construction, providing passive investment

FILL OUT THE FORM BELOW TO ACCESS OFFERING MEMORANDUM

Property Description

SOLD

The property is strategically located at the signalized intersection of Redwood Highway (U.S. Route 199) and Caves Highway (Oregon Route 46), the primary intersection in Cave Junction, with excellent visibility and access to 18,200 vehicles per day. Caves Highway is the primary route between Cave Junction and the Oregon Caves National Monument and Preserve, a major tourist attraction visited by over 80,000 people annually. Redwood Highway serves as Cave Junction’s main retail and commercial corridor and connects the city to population centers in Grants Pass, Oregon and Crescent City, California. Located in Cave Junction’s primary retail area, the property is surrounded by a healthy mix of local and regional retailers, as well as several national tenants, including Chevron, NAPA Auto Parts, Dairy Queen, RadioShack, Subway, True Value Hardware, and Dollar General.

Centrally located in downtown Cave Junction, the property is close to important community amenities and popular recreational areas. Several schools are within walking distance of the property, including Illinois Valley High School (356 students), Evergreen Elementary School (446 students), and Lorna Byrne Middle School (241 students). Popular recreational areas and tourist destinations are located nearby. In addition to the Oregon Caves National Monument and Preserve, the property is close to Great Cats World Park, Illinois River Forks State Park, and Illinois Valley Golf Course, all of which attract visitors to the Cave Junction area. Additionally, the property is surrounded by residential neighborhoods, which will be served by Grocery Outlet.