New construction - price reducedhigh traffic - five lane frontagePublic company-fixed rent increases1055 US Highway 101, Crescent City, CA 95531

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Big 5 Sporting goodsnorthern california

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RentAble SF . . . . . . . . . . . . . . . 10,000 SF

lAnd AReA . . . . . . . . . . . . . . . 1 .0 Acres

leASe tyPe . . . . . . . . . . . . . . . NN

yeAR bUIlt . . . . . . . . . . . . . . . Late 2014

PRICE: $2,468,900CAP: 6.25%

Listing TeamContact Info

PROperty Summary

bIg 5 sPoRtIng goods Is A nEw, fREEstAndIng stoRE In noRthERn CAlIfoRnIA. thE PRoPERty Is loCAtEd on A hIgh- tRAffIC, fIvE lAnE stREEt In thE most dEnsE REtAIl CoRRIdoR wIthIn A 60 mIlE RAdIus.

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RICK SANNERrsanner@capitalpacific .com | (415) 274-2709CA BRE# 01792433

bob SANNERbsanner@capitalpacific .com | (415) 274-2717CA BRE# 00869657

aaron susmanasusman@capitalpacific .com | (415) 481-0377CA BRE# 01961568

big 5 sporting goods | 2

Corporate lease with publicly traded company

locationLocated just north of downtown Crescent City on Highway 101, a major commercial street . In most parts of California, Highway 101 is a limited-access freeway . However, going through Crescent City it is a five-lane commercial street with an unrestricted left turn into the site, and there are 30,000 vehicles per day. This is the only Big 5 store within a 60-mile radius .

Public comPany tenantBig 5 (NASDAQ: BGFV) has revenue of just over $1 billion

california-based, stable tenant The company opened its first store in 1955 . It is headquartered in the Los Angeles area and, of the 65 stores opened in the last five years, 48% were in California . There are a total of 438 stores, about 49% of which are in California .

twenty years of oPtions7-year primary lease term with twenty years of options .Completed and opened in December 2014 .

core characteristicscore characteristics

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aerial Subject property iS located on highway 101, a five-lane commercial Street, with an unreStricted left turn into the Site. there are 30,000 vpd on thiS road

Parkway drive

W Washington boulevard

Pacific Avenue

elk Valley Road

Front Stre

et

W 9th Street

e Washington boulevard

nor

thcr

est d

rive

Inyo

Stre

et

101

101

101

del norte county airport

Crescent elk elementary

Joe Hamilton elementary

Mary Peacock

elementary

Castle Rock Charter School

del norte County

High School

eureKa

30,000 dailyhwy 101

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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. Buyer must verify the information and bears all risk for any inaccuracies.

income & expense

PRICE $2,468,900 Capitalization Rate: 6 .25%

Total Rentable Area (SF): 10,000

Lot Size (AC): 1 .00

STABILIZED INCOME Per Square FootScheduled Rent $15 .43 $154,308

Effective Gross Income $15 .43 $154,308

LESS Per Square FootTaxes Paid by Tenant $0 .00

Insurance Paid by Tenant $0 .00

Total Operating Expenses $0 .00

EQUALS NET OPERATING INCOME $154,308

big 5 sporting goods | 5

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. Buyer must verify the information and bears all risk for any inaccuracies.

5rEntAL

inCrEAsEsrent roll

TENANT INFO LEASE TERMS RENT SUMMARY

Tenant Name Sq . Ft . Term Current Rent

Monthly Rent

Yearly Rent

Monthly Rent/FT

Yearly Rent/FT

Big 5 Sporting Goods 10,000 11/15/14 01/31/20 $154,308 $12,859 $154,308 $1 .29 $15 .43

02/01/20 01/31/22 $14,145 $169,740 $1 .41 $16 .97

Option 1 02/01/22 01/31/25 $14,145 $169,740 $1 .41 $16 .97

02/01/25 01/31/27 $15,559 $186,708 $1 .56 $18 .67

Option 2 02/01/27 01/31/30 $15,559 $186,708 $1 .56 $18 .67

02/01/30 01/31/32 $17,115 $205,380 $1 .71 $20 .54

Option 3 02/01/32 01/31/35 $17,115 $205,380 $1 .71 $20 .54

02/01/35 01/31/37 $18,826 $225,912 $1 .88 $22 .59

Option 4 02/01/37 01/31/40 $18,826 $225,912 $1 .88 $22 .59

02/01/40 01/31/42 $20,709 $248,508 $2 .07 $24 .85

totals: 10,000 $154,308 $12,859 $154,308 $1.29 $15.43

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tenant overview

eMPlOyeeS: 9,500

2015 ReVenUe $1.029 bIllIon

lOCAtIOnS: 438

BIG 5 SPORTING GOODWith 438 locations in 12 western states and about 9,500 employees, Big 5 Sporting Goods (NASDAQ: BGFV) is one of America’s top retailers of name brand sporting goods and accessories .

The standard store is approximately 10,000 -11,000 square feet and sells a mix of sporting goods including athletic shoes, apparel and outdoor and athletic equipment .

The net worth is about $199 million and 2015 sales were $1 .029 billion . Net income for 2015 was $15 .3 million .

WWW.bIg5SPORtInggOOdS.COM/

big 5 sporting goods is one of america’s top retailers of name brand sporting goods

and accessories

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regional map

HIgH tRAFFIC COUntS In exCeSS OF 30,000 VPd On US HIgHWAy 101

CRESCENT CITY

SACRAMENTO

SAN FRANCISCOBAY AREA big 5 sporting goods | 8

CReSCent CIty, CA OVeRVIeW

Named for the crescent-shaped stretch of sandy beach south of the city, Crescent City is the seat of Del Norte County and is located just 20 miles south of the Oregon-California border . The population of the Crescent City area is about 22,000 .

Due to the richness of the local Pacific Ocean waters and the ease of access, Crescent City Harbor serves as home port for numerous commercial fishing vessels . The harbor is also home to multiple fishing and non-fishing related businesses and harbor government offices .

Crescent City is a popular tourist destination due to its coastal location and abundance of beautiful redwood trees . Crescent City is also home to a satellite campus of College of the Redwoods, a two-year college based in Humbolt County .

A few miles north of downtown is Pelican Bay State Prison (PBSP), with 1400+ state employees and an annual budget approaching $200 million .

location

2015 houSehold incomeS

population

Walmart Del Norte County Unified School District Home Depot Safeway

top employerS in creScent city

3-mile 5-mile 7-mile

2010 16,509 18,378 23,5012015 15,822 17,628 22,4522020 15,403 17,164 21,977

3-mile 5-mile 7-mile

Average $48,149 $49,615 $51,187

location

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A unique HUMANRESULTS-DRIVEN client experience

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[ www.CapitalPacific.com ]

bOb SAnneRbsanner@capitalpacific .com | (415) 274-2717 CA BRE# 00869657

RICk SAnneRrsanner@capitalpacific .com | (415) 274-2709 CA BRE# 01792433

AAROn SUSMAnasusman@capitalpacific .com | (415) 481-0377 CA BRE# 01961568

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