christian brothers - loveland, oh

LOVELAND, OH

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CHRISTIAN BROTHERS AUTOMOTIVE - LOVELAND

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. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Any projections, opinions, assumptions or estimates used herein are for example purposes only and do not represent the current or future performance of the property. © 2015 Vitorino Group

PRICING & FINANCIAL ANALYSIS

CBAC - Loveland

Lease summary

Lease Term 15 Years

Lease Commencement At Close of Escrow

Lease Expiration 15 Years from COE

Remaining Term 15 Years

Lease Type NNN

Roof & Structure Tenant

Increases 1.5% Starting in Yr 6

Options 5 x 10 Year

Options to Purchase No

Offering summary

Price $2,453,000

Cap Rate 6.25%

Net Operating Income $153,300

Year Built 2015

Gross Leasable Area 5,978 SF

Lot Size 1.04 AcresRepresentative Photo

annualized Operating data

Primary Term Annual Increase

Yrs 1-5: $153,000.00 -

Yr 6: $155,295.00 1.50%

Yr 7: $157,624.43 1.50%

Yr 8: $159,988.79 1.50%

Yr 9: $162,388.62 1.50%

Yr 10: $164,824.45 1.50%

Yr 11: $167,296.82 1.50%

Yr 12: $169,806.27 1.50%

Yr 13: $172,353.37 1.50%

Yr 14: $174,938.67 1.50%

Yr 15: $177,562.75 1.50%

Net OperatiNg iNcOme $153,300

6379 Branch Guinea PikeLoveland, OH 45140

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TENANT & LEASE INFORMATION

Christian Brothers Automotive was founded in 1982 because there was a void in the auto repair industry. Customer service and honest, genuine auto repair service was tough to find. They haven’t changed their focus in thirty years. They still have some of the original employees on board, and they still believe that it’s possible to provide the best auto repair service with the best customer service. In 2008, Christian Brothers announced a growth initiative that would take their brand to approximately 200 stores throughout the southeast, lower midwest and southwest United States by 2017.

tenant summary

Tenant Christian Brothers Automotive

Ownership Private

Market Cap See Agent For Details

Sales Volume See Agent For Details

Number of Locations 125+

Years In Business 30+ Years

Headquarters Houston, TX

Website www.cbac.com

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INVESTMENT HIGHLIGHTS

• Long-Term Absolute Triple-Net Lease

• Zero Landlord Responsibility

• 15-Year Primary Term with Options up to 65 Years

• One and One-Half Percent Annual Rent Escalations

• Strong Corporate Guarantee

• 5 Mile Population Exceeds 90,000 People - 10% Increase Since 2000

• Average Household Income is 1.38 More Than National Average

• Traffic Counts Exceed 7,000 Vehicles Per Day

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5This 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. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Any projections, opinions, assumptions or estimates used herein are for example purposes only and do not represent the current or future performance of the property. © 2015 Vitorino Group

CHRISTIAN BROTHERS AUTOMOTIVE - LOVELANDELEVATION

Note: this is the generic evelation plan for a typical Christian Brothers Automotive location. Actual subject property may vary depending on location.

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CHRISTIAN BROTHERS AUTOMOTIVE - LOVELANDSITE PLAN

Note: this is the generic site plan for all Christian Brothers Automotive locations. Actual subject property may vary depending on location.

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CHRISTIAN BROTHERS AUTOMOTIVE - LOVELANDAERIAL MAP

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CHRISTIAN BROTHERS AUTOMOTIVE - LOVELANDLOCAL MAP

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CHRISTIAN BROTHERS AUTOMOTIVE - LOVELANDREGIONAL MAP

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CHRISTIAN BROTHERS AUTOMOTIVE - LOVELANDMARKET SUMMARY

CINCINNATI, OH

Cincinnati is a city in and the county seat of Hamilton County, Ohio, United States. The third-largest city in Ohio and the 65th-largest city in the United States, it had a population of 296,945 at the 2010 census. According to the census, the population of the metropolitan area was 2,214,954 - the 28th-largest Metropolitan Statistical Area (MSA) in the United States and the largest centered in Ohio. Settled in 1788, the city is located on the north side of the confluence of the Licking with the Ohio River. The latter forms the border between the states of Ohio and Kentucky.

In the early 19th century, Cincinnati was an American boomtown in the heart of the country; it rivaled the larger coastal cities in size and wealth. In 1840 it was the 6th-largest city in the United States by population, surpassed only by the older, established settlements of the Eastern Seaboard and New Orleans. It was by far the largest city in the west. Because it is the first major American city founded after the American Revolution as well as the first major inland city in the country, Cincinnati is

sometimes thought of as the first purely ‘American’ city. It developed with less European immigration or influence than eastern cities attracted in the same period; however, it received a significant number of German immigrants, who founded many of the city’s cultural institutions. By the end of the 19th century, with the shift from steamboats to railroads drawing off freight shipping, trade patterns had altered and Cincinnati’s growth slowed considerably.

Cincinnati is home to two major sports teams, the Cincinnati Reds, one of the oldest franchises in Major League Baseball, and the Cincinnati Bengals of the National Football League. The University of Cincinnati, founded in 1819, is one of the 50 largest in the United States. Cincinnati is known for its historic architecture. In the late 1800s, Cincinnati was commonly referred to as “Paris of America”, due mainly to such ambitious architectural projects as the Music Hall.

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CHRISTIAN BROTHERS AUTOMOTIVE - LOVELANDDEMOGRAPHIC SUMMARY

pOpulatiON

HOuseHOlds

iNcOme

race aNd etHNicity

HOusiNg

emplOymeNt

Geography: 5 miles

In 2014, the population in your selected geography is 90,410. The population has changed by 10.68% since 2000. It is estimated that the population in your area will be 94,199 five years from now, which represents a change of 4.19% from the current year. The current population is 48.96% male and 51.03% female. The median age of the population in your area is 40.2, compare this to the Entire US average which is 37.3. The population density in your area is 1,149.63 people per square mile.

There are currently 33,960 households in your selected geography. The number of households has changed by 14.19% since 2000. It is estimated that the number of households in your area will be 35,643 five years from now, which represents a change of 4.95% from the current year. The average household size in your area is 2.64 persons.

In 2014, the median household income for your selected geography is $72,085, compare this to the Entire US average which is currently $51,972. The median household income for your area has changed by 18.18% since 2000. It is estimated that the median household income in your area will be $86,701 five years from now, which represents a change of 20.27% from the current year.

The current year per capita income in your area is $38,518, compare this to the Entire US average, which is $28,599. The current year average household income in your area is $102,278, compare this to the Entire US average which is $74,533.

The current year racial makeup of your selected area is as follows: 92.65% White, 2.12% Black, 0.03% Native American and 2.89% Asian/Pacific Islander. Compare these to Entire US averages which are: 71.60% White, 12.70% Black, 0.18% Native American and 5.02% Asian/Pacific Islander.

People of Hispanic origin are counted independently of race. People of Hispanic origin make up 2.28% of the current year population in your selected area. Compare this to the Entire US average of 17.13%.

In 2000, there were 23,873 owner occupied housing units in your area and there were 5,865 renter occupied housing units in your area. The median rent at the time was $534.

In 2014, there are 28,720 employees in your selected area, this is also known as the daytime population. The 2000 Census revealed that 70.09% of employees are employed in white-collar occupations in this geography, and 29.80% are employed in blue-collar occupations. In 2014, unemployment in this area is 4.82%. In 2000, the average time traveled to work was 27.0 minutes.

Demographic data © 2015 esri

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CHRISTIAN BROTHERS AUTOMOTIVE - LOVELANDDEMOGRAPHIC STATISTICS

traffic cOunts

incOme 1 mile 3 miles 5 miles

$ 0 - $14,999 2.3% 5.5% 7.5%

$ 15,000 - $24,999 3.8% 7.1% 7.7%

$ 25,000 - $34,999 4.8% 8.1% 8.7%

$ 35,000 - $49,999 5.1% 10.3% 10.8%

$ 50,000 - $74,999 13.9% 15.6% 17.1%

$ 75,000 - $99,999 15.0% 13.9% 13.6%

$100,000 - $124,999 16.2% 12.3% 10.8%

$125,000 - $149,999 11.6% 8.1% 6.9%

$150,000 - $199,999 17.1% 10.4% 8.5%

$200,000 - $249,999 4.4% 3.8% 3.5%

$250,000 + 5.8% 5.0% 4.9%

2014 Median Household Income $107,810 $80,863 $72,086

2014 Per Capita Income $45,686 $39,842 $38,519

2014 Average Household Income $132,237 $109,122 $102,278

pOpulatiOn 1 mile 3 miles 5 miles

2000 Population 2,681 33,290 81,685

2010 Population 3,634 37,366 89,318

2014 Population 3,677 37,736 90,410

2019 Population 4,022 39,672 94,200

HOuseHOlds 1 mile 3 miles 5 miles

2000 Households 907 11,840 29,738

2010 Households 1,251 13,561 33,472

2014 Households 1,270 13,747 33,960

2019 Households 1,384 14,530 35,643

2014 Average Household Size 3.07 2.73 2.64

2014 Daytime Population 460 8,981 28,720

2000 Owner Occupied Housing Units 96.27% 81.55% 77.43%

2000 Renter Occupied Housing Units 1.98% 15.44% 19.02%

2000 Vacant 1.75% 3.01% 3.54%



2014 Vacant 3.10% 5.55% 5.92%



2019 Vacant 3.19% 5.83% 6.19%

7,400

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 Vitorino Group and it should not be made available to any other person or entity without the written consent of Vitorino Group. By taking possession of and reviewing the information contained herein the recipient agrees to hold and treat all such information in the strictest 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 at this time, please return this offering memorandum to Vitorino Group.

This offering memorandum has been prepared to provide summary, unverified financial and physical information to prospective purchasers, and to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation. Vitorino Group 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 improvements, the presence or absence of contaminating substances, PCBs or asbestos, the compliance with local, state and federal regulations, the physical condition of the improvements thereon, or the 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 to be reliable; however, Vitorino Group has not verified, and will not verify, any of the information contained herein, nor has Vitorino Group conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. 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.

ALL PROPERTY SHOWINGS ARE BY APPOINTMENT ONLY. PLEASE CONTACT THE VITORINO GROUP AGENT FOR MORE DETAILS.

CONFIDENTIALITY AGREEMENT

Vitorino Group hereby advises all prospective purchasers of Net Leased property as follows:

The information contained in this Marketing Brochure has been obtained from sources we believe to be reliable. However, the Vitorino Group has not and will not verify any of this information, nor has the Vitorino Group conducted any investigation regarding these matters. The Vitorino Group makes no guarantee, warranty or representation whatsoever about the accuracy or completeness of any information provided.

As the Buyer of a net leased property, 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 your thorough due diligence investigation of this investment opportunity. The Vitorino Group expressly denies any obligation to conduct a due diligence examination of this Property for 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 you depends on factors that should be evaluated by you and your tax, financial and legal advisors. Buyer and Buyer’s tax, financial, legal, and construction advisors should conduct a careful, independent investigation of any net leased property to determine to your satisfaction with the suitability of the property for your needs.

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 success. 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 Vitorino Group and hold it harmless from any kind of claim, cost, expense, or liability arising out of your investigation and/or purchase of this net leased property.

Net Lease Disclaimer

exclusively listed

469.844.8880 | VITORINOGROUP.COM

christian brothers - loveland, oh

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