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O F F E R I N GM E M O R A N D U MThe Roomstore at Prescott Gateway MallFOR SALE SINGLE TENANT NNN INVESTMENT OPPORTUNITY 6,350,000 / 7.80% CAP3090 Gateway Blvd.Prescott, ArizonaExclusively Offered by:TOM RICHARDSVice [email protected]: 480.628.5331O: 602.513.5122DARREN TAPPENSenior Vice [email protected]

CONFIDENTIALITY & DISCLAIMER STATEMENTThis Exclusive Offering Package (“Package”) was prepared by Voit Real Estate Services (“VRES” or “Voit”) on behalf of the Owner of 3090 Gateway Boulevard (“Owner”) and isconfidential and furnished to prospective purchasers of the property described herein subject to the terms of the Prospective Purchaser Confidentiality Agreement (“Agreement”)previously provided to and executed by such prospective purchasers. This Package is intended solely to assist prospective purchasers in their evaluation of the property and theirconsideration of whether to the purchase the property. It is not to be used for any other purpose or made available to any other person without the prior written consent of Voit.This Package is subject to errors, omissions, changes or withdrawal without notice and does not constitute a recommendation or endorsement as to the value of the property by Owner/Voit and their sources. Financial projections are provided as reference and are based on assumptions made by Owner/Voit and their sources. Prospective purchasers should maketheir own projections and reach their own conclusions of value. Certain portions of this Package merely summarize or outline property information and are not intended to be completedescriptions.This Package was prepared on the basis of information available to the Owner and Voit in connection with the sale of the property. It contains pertinent information about the propertyand the surrounding area but does not contain all the information necessary for a complete evaluation of the property. The projected cash flow and other financial information containedherein are for general reference only.Although the information contained in this Package is believed to be accurate and reliable, neither the Owner nor Voit guarantees its accuracy or completeness. Because of theforegoing and because the property will be sold on an “as-is” basis, prospective purchasers should make their own independent assessments, investigations, and projections regardingthe property. Although additional material, which may include engineering, environmental, or other reports, may be provided to certain prospective purchasers as appropriate, suchparties should confer with their own engineering and environmental experts, counsel, accountants and other advisors and should not rely upon such material provided by Owner or Voit.Neither Owner nor Voit nor any of their respective officers, advisors, agents, shareholders or principals, has made or will make any representation or warranties, express or implied,as to the accuracy or completeness of the Package or any of the contents, and no legal commitment or obligation shall arise by reason of the Package or the contents. Analysis andverification of the information contained in the Package is solely the responsibility of the prospective purchaser. The Owner expressly reserves the right, in its sole discretion, to rejectany offer to purchase the property or to terminate any negotiation with any party or any time, with or without notice. The Owner shall have no legal commitment or obligation to anyprospective purchaser unless and until a written purchase and sale agreement has been fully executed and delivered and any and all conditions to the Owner’s obligations thereunderhave been fully satisfied or waived. The Owner is responsible for any commission due to Voit in connection with the sale of the property. No other party, including Voit, is authorized tomake any representation or agreement on behalf of the Owner. This Package remains the property of the Owner and Voit and may be used only by parties approved by the Owner andVoit. No portion of this Package may be copied or otherwise reproduced or disclosed to anyone except as provided herein and as permitted by the express terms of the Agreement.2The RoomstoreatPrescott Gateway Mall

Table of ContentsEXECUTIVE SUMMARYInvestment Summary. 1Investment Highlights. 1PROPERTY OVERVIEWProperty Highlights. . 2Proposed Annual Financial Summary. 2Tenant Bio. 3Close Aerial. 4Area Map. 5iThe RoomstoreatPrescott Gateway Mall

Executive SummaryINVESTMENT SUMMARY3090 Gateway Boulevard in Prescott, Arizona is an attractive singletenant triple net investment located on a outparcel of the PrescottGateway Mall. The 42,000 square foot retail building is 100% leasedto The Roomstores of Arizona LLC for an additional 18.5 years. Theproperty is conveniently located on the southeast hard corner of US69and Gateway Boulevard. The adjacent Prescott Gateway Mall, ownedby Macerich, is a regional 578,295 square foot regional mall anchoredby Dillards, Sears, and JC Penney, and provides an excellent, longterm draw for the trade area. The Roomstore operates 11 stores inArizona and has an excellent track record in the business as a highquality furniture sale operator. The existing traffic pattern along US69provides excellent traffic counts of 40,557 vehicles per day.INVESTMENT HIGHLIGHTS 1Single Tenant NNN Lease with 18.5 years Remaining - Provideslong term income stability and simplicity for the property ownerwhere tenant pays property taxes, common area maintenance, andinsurance.Tenant - Experienced operator in the furniture store business on aregional and national scale. Largest furniture retailer in Arizona.Surrounding Retailers - Strategic location in immediate proximityto Dillards, JC Penny, Sears, Michaels, WalMart, Best Buy, Costco,Petsmart, In-N-Out Burger, Olive Garden, Red Robin, Chase Bank,and dozens more serving a regional trade area.Traffic Counts - The property benefits from its hard corner locationresulting in daily traffic counts of 40,557 vehicles per day.Value - At market rent combined with an attractive capitalizationrate result in a competitive purchase price per square foot.Construction - High quality masonry construction completed in2007.The RoomstoreatPrescott Gateway MallDemographics3 Mile5 Mile10 MilePopulation27,41046,14281,541Average Household Income 66,063 66,201 64,589PopulationTotal Regional Trade Area192,000

Property OverviewPROPERTY HIGHLIGHTSTENANT BIOList Price: 6,350,000Cap Rate:7.80%Lease Type:NNNOccupancy100%Lease Term Remaining:18.5 YearsPrimary Lease Term:20 YearsTenant:The Roomstores ofArizona, LLCNet Operating Income: 495,600Base Rent Per Square Foot: 12.00 NNNPurchase Price Per SquareFoot: 151/SFTotal Square Feet:42,000 SFOptions to Extend:(2) 10 year optionsParcel:Assessor Parcel Number:Year Built:Outparcel at PrescottGateway Mall103-20-570-J, YavapaiCounty2007PROPOSED ANNUAL FINANCIAL SUMMARY2Annual Base Rent Income 504,000Operating Expense Reimbursement 84,296Gross Potential Income 588,296LESS Operating Expense( 84,296)LESS .20 PSF Reserves( 8,400)Net Operating Income 495,600Capitalization Rate7.80%Purchase Price 6,350,000The RoomstoreatPrescott Gateway MallThe Roomstores of Phoenix was founded in 1993 by PhillipLevitz, Dan Selznick, and Alan Levitz. Both Phillip and Danwere heavily involved in the early growth of Levitz FurnitureCorporation and felt that by the early 1990’s the concept of sellingfurniture in predesigned rooms would be the next big trend infurniture retailing. The RoomStore also chose to partner with thelargest nationally known furniture brands including Lane, Broyhill,Sealy, Posturepedic, Natuzzi and Cindy Crawford Home. TheRoomStore’s core philosphy revolves around having the bestselection, service and price coupled with immediate delivery.This direction has led to great success for The RoomStore withover 1.3 billion worth of furniture sold over The RoomStore’s 18year history, making the company the largest furniture retailer inArizona. The company started with two stores in the Phoenixmetro area and now totals 11 stores, including stores in Prescottand Casa Grande.

Property OverviewCLOSE AERIALSITELee BlvdState Highway 60Gateway Blvd3The RoomstoreatPrescott Gateway Mall

MapSearchPropertyOverviewFor Property Located At3090 GATEWAY BLVD PRESCOTT AZAREA MAP4The RoomstoreatPrescott Gateway Mall

The Roomstore at Prescott Gateway MallO F F E R I N GM E M O R A N D U Mfor sale single tenant nnn investment opportunityWESTERN US OFFICE LOCATIONSRegional OfficesNewport Beach, CA (Corporate Office)101 Shipyard WayNewport Beach, CA 92663949.644.8648Los Angeles (Woodland Hills, CA)21110 Oxnard St.Woodland Hills, CA 91367818.593.6330Anaheim, CA3500 W. Orangewood Ave.Orange, CA 92868714.978.7880Los Angeles (Commerce, CA)400 Citadel Dr., Ste. 160Commerce, CA 90040323.201.4494Inland Empire, CA9431 Haven Ave., Ste. 120Rancho Cucamonga, CA 91730909.218.5285Phoenix, AZ2375 E. Camelback Rd., Ste. 150Phoenix, AZ 85016602.952.8648Irvine, CA2020 Main St., Ste. 100Irvine, CA 92614949.851.5100Sacramento, CA2237 Douglas Blvd., Ste. 100Roseville, CA 85661916.772.8648Las Vegas, NV10100 W. Charleston Blvd.Las Vegas, NV 89135702.734.4500San Diego, CA4370 La Jolla Village Dr., Ste. 900San Diego, CA 92122858.453.0505OR2375 E. Camelback Rd. Suite #150, Phoenix, AZ 85016 DARREN TAPPENSenior Vice 8 Lic #CO0638277000IDNVCAUTAZExclusively Offered by:TOM RICHARDSVice [email protected]: 480.628.5331O: 602.513.5122WA www.voitco.com