DENNY'S

OFFERIN

G MEM

ORAN

DUM

ABSOLUTE NNN | $1,500,0001140 TECHNOLOGY DRIVE, O'FALLON, MISSOURI

Denny'sCONTENTS

Exclusively Marketed by:

Steven Davis Mark McLooneManaging Member Associate480-429-4580 480-429-4580Lic: 101032000 Lic: 673250000steven@retail1031.com mark@retail1031.com

We obtained the following information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility oferrors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice.  We include projections, opinions, assumptions or estimates for example only, and they may not represent thecurrent or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction.

8255 East Raintree Drive Suite 100 Scottsdale, AZ 85260

01 Executive Summary Executive Summary 5 Location Summary 6

02 Demographics Demographics 8 Demographic Charts 9

The information contained in the following offering memorandum is proprietary and strictly confidential. It is intended to bereviewed only by the party receiving it from Retail Investment Group and it should not be made available to any other person orentity without the written consent of Retail Investment Group.

By taking possession of and reviewing the information contained herein the recipient agrees to hold and treat all such informationin the strictest confidence. The recipient further agrees that recipient will not photocopy or duplicate any part of the offeringmemorandum. If you have no interest in the subject property, please promptly return this offering memorandum to RetailInvestment Group. This offering memorandum has been prepared to provide summary, unverified financial and physicalinformation to prospective purchasers, and to establish only a preliminary level of interest in the subject property. The informationcontained herein is not a substitute for a thorough due diligence investigation. Retail Investment Group has not made anyinvestigation, and makes no warranty or representation with respect to the income or expenses for the subject property, the futureprojected financial performance of the property, the size and square footage of the property and improvements, the presence ofabsence of contaminating substances, PCBs or asbestos, the compliance with local, state and federal regulations, the physicalcondition of the improvements thereon, or financial condition or business prospects of any tenant, or any tenant’s plans orintentions to continue its occupancy of the subject property. The information contained in this offering memorandum has beenobtained from sources we believe reliable; however, Retail Investment Group has not verified, and will not verify, any of theinformation contained herein, nor has Retail Investment Group conducted any investigation regarding these matters and makes nowarranty or representation whatsoever regarding the accuracy or completeness of the information provided. All potential buyersmust take appropriate measures to verify all of the information set forth herein. Prospective buyers shall be responsible for theircosts and expenses of investigating the subject property.

Denny's Confidentiality and Disclaimer | 03

CONFIDENTIALITY AND DISCLAIMER:

PROPERTY SHOWINGS ARE BY APPOINTMENT ONLY.PLEASE CONTACT RETAIL INVESTMENT GROUP FOR MORE DETAILS.Copyright © 2018 CREOP, LLC. All Rights Reserved.

Denny's | Executive Summ

ary

Executive Summary

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Offering Summary

Location Summary

Denny's Executive Summary | 05

OFFERING SUMMARYADDRESS 1140 Technology Drive O'Fallon MO

63368

COUNTY St. Charles

LEASE TYPE Absolute NNN

CAP RATE 6.00%

BUILDING SF 4,463 SF

LAND SF 59,677 SF

YEAR BUILT 2005

YEAR RENOVATED 2015

TENANT Denny's

OWNERSHIP TYPE Fee Simple

FINANCIAL SUMMARYOFFERING PRICE $1,500,000

PRICE PSF $336.10

OCCUPANCY 100 %

NOI (CURRENT) $90,000

CAP RATE (CURRENT) 6.00 %

DEMOGRAPHICS 1 MILE 3 MILE 5 MILE2017 Population 3,636 32,490 91,305

2017 Median HH Income $103,846 $101,870 $92,872

2017 Average HH Income $126,578 $121,505 $111,639

New 15 Year Absolute NNN Lease; Zero LandlordResponsibilities

10% Increases Every 5 Years

Average 1 Mile Yearly Household Income of$126,000 dollars

Highly Desirable Area on I-64/Highway K Corridor inSt Charles County

O'Fallon is home to large employers including Citi,General Motors, Mastercard and SSM Health Care

Retail Investment Group is pleased to offer a Denny's located in O'Fallon, Missouri. This property is ±4,463 square feet and sits on 1.37 acres. This property has excellent visibility to Interstate 64 and Highway K in O'Fallon, Missouri. It is located only ±30 miles from St. Louis, MO.

There is a wide variety of supporting hotels including Sleep Inn and Suites, Staybridge Suites, Holiday Inn Express and Suites, and Residence Inn by Marriott.

Supporting retailers include Timber Creek Grill, Fox's Pizza Den, Cracker Barrel Old Country Store, QuikTrip, Walgreens, Starbucks, Muse Salon, Jim Trenary Chevrolet, Frank Leta Honda, Progress West Hospital.

About Denny's:

Denny’s is America’s largest full-service family style restaurant chain (market share and number of units). The Denny’s brand consists of over 1,600 restaurants, 553 of which were company-owned and operated and 1,050 of which were franchised licensed restaurants. These Denny’s restaurants are operated in 49 states, the District of Columbia, two U.S. territories and four foreign countries. Denny’s restaurants are open 24 hours a day, 7 days a week. This “always open” operating platform is a distinct competitive advantage. Denny’s provides high-quality menu offerings, generous portions at reasonable prices with friendly and efficient service in a pleasant atmosphere.

Denny's | Demographics

Demographics

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Demographic Details

Demographic Charts

Denny's Demographics | 08

POPULATION 1 MILE 3 MILE 5 MILE

2000 Population 2,024 19,649 59,210

2010 Population 3,309 29,603 84,001

2017 Population 3,636 32,490 91,305

2022 Population 3,925 34,875 97,876

2017 African American 228 1,343 3,852

2017 American Indian 7 64 175

2017 Asian 277 1,555 3,585

2017 Hispanic 110 817 2,655

2017 White 3,020 28,682 80,952

2017 Other Race 12 156 752

2017 Multiracial 92 685 1,973

2017-2022: Population: Growth Rate 7.70 % 7.15 % 7.00 %

2017 HOUSEHOLD INCOME 1 MILE 3 MILE 5 MILE

less than $15,000 57 363 1,083

$15,000-$24,999 30 381 1,209

$25,000-$34,999 72 480 1,542

$35,000-$49,999 101 910 2,826

$50,000-$74,999 160 1,685 5,180

$75,000-$99,999 229 1,677 4,961

$100,000-$149,999 341 2,980 8,115

$150,000-$199,999 196 1,570 3,564

$200,000 or greater 195 1,320 2,843

Median HH Income $103,846 $101,870 $92,872

Average HH Income $126,578 $121,505 $111,639

HOUSEHOLDS 1 MILE 3 MILE 5 MILE

2000 Total Housing 723 6,455 19,687

2010 Total Households 1,249 10,319 28,607

2017 Total Households 1,382 11,367 31,324

2022 Total Households 1,494 12,217 33,667

2017 Average Household Size 2.63 2.85 2.90

2000 Owner Occupied Housing 675 6,082 18,138

2000 Renter Occupied Housing 18 225 937

2017 Owner Occupied Housing 978 9,479 26,904

2017 Renter Occupied Housing 404 1,888 4,420

2017 Vacant Housing 51 332 974

2017 Total Housing 1,433 11,699 32,298

2022 Owner Occupied Housing 1,051 10,167 28,836

2022 Renter Occupied Housing 443 2,050 4,831

2022 Vacant Housing 54 346 998

2022 Total Housing 1,548 12,563 34,665

2017-2022: Households: Growth Rate 7.85 % 7.25 % 7.25 %

Source: esri

Denny's Demographic Charts | 09

1 Mile Radius 3 Mile Radius 5 Mile Radius

2017 Household Income

1 Mile Radius 3 Mile Radius 5 Mile Radius

2017 Population by Race

Denny's

Exclusively Marketed by:

Steven Davis Mark McLooneManaging Member Associate480-429-4580 480-429-4580Lic: 101032000 Lic: 673250000steven@retail1031.com mark@retail1031.com

8255 East Raintree Drive, Scottsdale, AZ 85260